How long did your first wholesale deal take?

[Felix Wisniewski]

Not giving up on my goals but just wondering how long did it take you before you closed on your first deal??

[Christina R.]

@Felix Wisniewski 

 - consistency and persistence is the key.  When I started my first yellow letter campaign this past February, I had been on BP and attending meetings for almost 10 months prior.  I decided to commit to 6 months at about 500 letters a month - I wanted to do 1000 a month but this was what my budget allowed. I chose who would do the campaign for me. One of the hardest things I've done is write that check with no idea what the outcome was going to possibly be.  I ended up closing two deals on the same day 7 months later; one took about 2 weeks to wrap up after the seller reached out and the other took 4 months and was way more complicated and I didn't think it was going to actually materialize. 

Now I'm starting month 3 of the second 6 month campaign - still at 500 letters and things are very different.  I"m hitting the same list and I've added another niche to mail to monthly that is smaller.  The phone isn't ringing quite as much  - it bothers me, to be honest, but I stick with the plan and I talk with my vendor who does this for a living (the mail campaign). I've gotten my license so I have other avenues to explore and that's my goal for the next several months - how to make that license work for what I want to accomplish.   When I get bummed, I come on BP and do searches about frustration, quitting, why am I not getting deals, etc., etc and I swear after about 15 minutes of this I feel better.       The key is consistency and persistence.  You have to commit.  I do believe if you lay out a plan, no matter how big or small, and stick to it, you'll get that deal.  Give yourself time.  It's the extremely rare person who mails a few letters and gets a 20K wholesale deal off of that.  You have a better chance of being hit by a bus, probably.  I'd venture to say that person also has a harder time after that kind of start with managing expectations.  

if it were easy, everyone would do it.  Stick with it.  You can do it!!!