Investor · Morgantown, WV · Member since 2008 · 207 posts · 33 votes
I always hear that wholesaling doesn't require a lot of time and $ to get in the game, but when you research it, it seems like a lot of work, in fact any facet of real estate investing seems to require a lot of grit, grind and efforft.
What is the most investors have made with the least hours spent. I know someone can make 18 on a flip, but spend 6 mos, so really they only made 3k a month.
Ages ago a member posted saying they had made $5000 on a wholesale deal with one hour's work. $5000 an hour sounds really good. But on further discussion, it turned out there was about another 100 hours of work that produced no results. So, the net rate was about $50 an hour. Which is still quite good.
I'll be curious what other data points members can provide.