The Time for Learning has Ended

It’s put up or shut up time. The business cards are in. The books are read. I’ve listened to countless podcasts from the likes of Tom Krol, Joe McCall, Todd Toback, Danny Johnson, and Michael Quarles. I’ve spent hours reading articles about everything from how to do a lease options, or about whether or not you should do a assignment contract or a double closing. I can tell you, with confidence, that I know or have heard more about wholesaling than a lot of people that are actually doing deals right now. It’s time.

Contrary to popular belief, Real Estate Wholesaling might be one of the hardest avenues into the business of REI. It takes a tremendous amount of grit to stay the course in this endeavor, especially when you have a full time job or other obligations to take care of in life. That’s part of the reason I wanted to do this blog, because the current market of information out there on wholesaling is severely lacking in perspective.

The VAST majority of wholesalers fail. Now, as business people, we are trained to constantly remain positive and don’t ever let a negative attitude take over. But that ignores the invaluable insight you can gain from someone who has failed, and it ignores the experiences that a majority of wholesalers out there have had.

Now, in no way am I setting out to fail in this venture, far from it. But at the very least I hope to give an honest and forthright account of the business for anyone who is interested in doing the same. This is the first month I have allowed myself a budget of $500 in marketing funds and my first direct mail campaign will go out in three days from the writing of this post. From then on I don’t know what to expect, but every week for the next six months you are going to find out what happens.

Buckle up, because it is going a be an exciting ride.