How Fast/Slow Did You Start Out?

[E. Jacobs]

I know this is a very broad question, but I'm just wondering how many deals you were able to do in your first year of wholesaling. Answers can probably range from 0 to 100, who knows. I'm just trying to gauge some kind of projected deal flow so I know what kind of expenses I can afford for marketing and building my business and also so I can tell if I'm doing well or need to be making changes. I'm sure it will start off slow, and my budget right now is probably between 1 or 2 thousand to get up and running. I'll spend this making a website, business cards, bandit signs, some ads, and other forms of advertising. My goal, however, is to get as big as possible as fast as possible. I mean doing this full time and if I'm not out networking, looking at properties, or finding leads, then I'm reading books with new ideas and new strategies to try and implement. I am going to take my wholesaling business VERY seriously. I'm not afraid of doing my first deal. I can't wait to do my first deal. And then 2nd, 3rd, 4th, 5th, and so on. I'm going to do it and I'm not looking back (except to learn from mistakes). My goal is to do 10 deals in 2010 starting in May and at least 30-40 in all of 2011. I'm wondering if this realistic or if I'm setting myself up to be disappointed. Even if I fall short, I am not giving up. I am going to work harder and be more creative. I know real estate is my passion and wholesaling is a concept that I've been studying nonstop over the past few months, and I believe I can do it. What I don't know, however, is what are good expectations. I don't know any wholesalers and I have nothing to base success off of. Of course, I have my own definition of success based on how much I can make and how many deals I can do, but I guess I'm trying to find out how realistic my goals are. I know many will say that just doing my first deal is a great success, which it is, but I want more than that for myself. I want to be able to take care of myself and my family financially, which means I want to be doing several deals/month. Anyone with experience have some advice to guide this newbie?? Should I even be worrying about this right now?