This is for the truly experienced wholesalers out there

[Mikel Graham]

I have a simple question for those who have been doing this for a while and have several deals under their belt.

How often are you closing deals? And on average, how much are you making for each deal?

I have some goals for wholesaling, but I want a reality check before I get even further ahead of myself.

[Bill Gulley]

Kinda like asking how many fish will I catch if I go fishing! I don't want to go in the fishing business unless I know I can catch fish!

How many big ones do you catch and would one feed my family?

The only way to know is to cut bait and get out there, going out your first time just realize you probably won't win any tournament and bring home the trophy.

You can go buy a Garcia reel and get a custom rod, buy out Bass Pro's bait department and get a 42' Grand Banks trawler and sit at home and study techniques, fishing holes, and run pro forma income and expense projections for months and starve. Or, you could also get some line, a bamboo pole, a hook and dig up some worms rent a canoe and catch more fish than you can eat.

You'll have a better idea of how your market is and what the possibilities might be when you stop playing with your calculator and get out there......good luck!