It took me almost a year before I got my first deal. As previously mentioned it’s a very difficult niche because of how people and the gurus sell it as a “no money/ do it from your couch” type of role which from my experience it’s anything but.
Being a wholesaler and being a real estate investor are two different things. Wholesaling is strictly a marketing and transactional based business where the product just happens to be real estate. But as you mentioned it’s a great base to start from and when you do start to get consistent leads you can cherry pick the deals you want to either flip or keep as rentals.
I ran up about $7500 worth of debt from mailers and bandit signs without anything to show from it. It takes time, knowledge, and persistence to succeed but once you get everything in line it’s a great, prosperous field to be in.
Between 1. Max Maxwell 2. Wholesale Hackers and 3. Steve Trang’s (Real Estate Disruptors) channels and podcasts there’s enough info in there to get a real feel for what is really involved.
Also go through the BP podcast archives and listen to everything with Sterling White and the above mentioned guys.
Start with BP episodes #42 and #332. Those two podcasts in particular really go over the basics and the process.
Best of luck. The slower you go, the faster you’ll get there.
