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Updated over 3 years ago, 06/17/2021
When you feel like giving up?
Hey guys. Need your help here. I'm 22, and have been doing a little bit of wholesaling. I got my realtor license back in November, decided it wasn't for me in March after I got my first 2 wholesale deals. I closed both of them, I currently own 13 rental doors, and am flipping 2 houses. However, I find myself in a place where I'm wondering if I'm wasting my time with wholesaling. I spend a lot of time cold-calling, however, I feel like I'm not getting many deals. I'm about to have another one under contract to wholesale which I may make 5k on.
My long-term play is to generate income through a business, multiply the income by flipping a house or 2, then buy another rental with it. I just feel stuck and like I'm spinning my tires. How do you guys cope with this? Am I better off starting another business venture to generate income, or is wholesaling actually a profitable business model? I have virtually no overhead besides skiptracing and my mojo dialer.