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Updated 20 days ago on .

User Stats

263
Posts
202
Votes
Jeremy Beland
  • Real Estate Coach
  • Derry, NH
202
Votes |
263
Posts

Before You Quit Your Job for Wholesaling Read This First

Jeremy Beland
  • Real Estate Coach
  • Derry, NH
Posted

Before you quit your job and jump into wholesaling, you should probably hear a few things first. Because the reality of this business is very different from what you see online. If you scroll social media long enough, it looks like everyone is winning—deals everywhere, big checks, people talking about how easy it is. But the real numbers tell a completely different story.

The Reality Most People Do Not Talk About
Here is something most people avoid saying. Half of all businesses in America fail within five years. That is across all industries—businesses with experience, systems, and training. Now think about real estate wholesaling. Anyone can watch a few videos tonight and decide they are an investor tomorrow. No barrier to entry. No real requirements. Which is exactly why the failure rate ends up being even higher.

Most People Never Make It to Their First Deal
This is the part that surprises a lot of people. Most people who try wholesaling never even get their first deal, and even fewer build something long term. A lot of people say they want to get into real estate, but only a small percentage actually take action. Of those, only a fraction will ever get a property under contract, and an even smaller group stays in the business long enough to build something real. That is just the truth.

Wholesaling Works But That Is Not the Question
The question is not whether wholesaling works—it absolutely does. We have built a full business around off-market deals and have done it for years. But the better question is this: will you stick with it long enough to succeed? Because this business is simple, but not easy. You need marketing, you need to know how to talk to sellers, you need follow-up, you need buyers, you need to understand deal structure, and you need to be able to handle real conversations with people going through real situations.

Why Most People Fall Off
Most people try to figure all of this out on their own, and that is where things start to break down. They get stuck, they second guess themselves, and they make mistakes that cost them time—sometimes months, sometimes years. Eventually, they lose momentum and disappear from the business. It happens all the time.

What Actually Changes the Trajectory
The people who make it are usually not the smartest or the most talented. They are the ones who stay consistent. They keep showing up, they keep having conversations, and they keep learning through action. One of the biggest differences I have seen over the years is having the right guidance early on—not guessing, not wondering if you are doing it right, and not wasting time trying to piece everything together, but having direction. That is something we built into how we run our business and something I have spent a lot of time helping others with as well. Because when you shorten the learning curve and stay consistent, your chances of success go way up.

The Bottom Line
Real estate investing can absolutely change your life—but it’s not as easy as it often looks online. Many people underestimate the time, consistency, and learning curve involved, especially in the beginning. Going in with the right expectations, staying consistent, and focusing on steady progress is usually what makes the difference over time.