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Updated over 3 years ago on . Most recent reply

Adrian Gudino's profile image
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Wholesaling

Time Commitment of Wholesaling

Adrian Gudino
Posted

I'm considering quitting my full-time job, serving on the side to pay bills, and dedicating 30-40 hours a week researching deals and cold calling. What is the time commitment required to be a successful wholesaler? (I would consider success 80k in a year). 

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Wayne Brooks
  • #1 Foreclosures Contributor
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  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks's profile image
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Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

With no real estate experience, your chance of failing/bailing out/quitting after a few months is about 95%.  There are more wholesale wannabes now than there are potential wholesale properties.

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