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Updated over 8 years ago,
How many deals a month part time?
Just have a general question for those of you with wholesaling experience. I am at a pivotal point in the direction I am going and am trying to get a feel for the potential and best place to focus my extra time.
In your opinion how many wholesale deals a month do you think someone can manage putting about 15-20 hours a week into the business? Eventually it would be full time once income is up enough.
I know it can depend a lot on the market and area, I know it can depend a lot on what types of tasks you can automate and it will be systematized at some point but at first I will be doing all the work.
Another question that I think is important is if you had to pick a average number to shoot for what is your average profit per wholesale deal, 3k, 5k, 10k? I know it can vary a lot but if you were advising someone so they can plan financially what would you say is a realistic number to shoot for?
The median house price in the areas I am working in are around $105,000 - $125,000. Nicer upper midrange homes are in the $200,000 - $300,000 range.