Jerry’s 10k club

Jerry’s 10k club

Member since 2026 · 1 post · 1 vote
Hi, I'm new to REI and interested in wholesaling to get started. For a few reasons, it seems like the best way to make money fast, I don't have much to start with and it seems foundational (I want to learn the basics first) does anyone have any experience with or insight into Jerry Norton's 10k club? Is it worth my time?  can anyone point me to recent, verifiable examples of members who earned the finders fee? I'd like to know how many deals they submitted before success, and what percentage of members receive a payout thanks for any advice you have to give
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Nicholas L.Pro Member
Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
3mo

@Daniel Windecker

hello

it's not the best way to make money fast.  the best way to make money fast is a job.

can you save up for a house hack?

good luck

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  • Jason WrayPro Member
    Banker · Nationwide · Member since 2020 · 2k+ posts · 1k+ votes
    3mo

    If it costs money walk away never heard of it but more than likely you do not need it if you use this website Bigger Pockets for your learning and information!  Just ask us the Pro's its free!

  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    3mo

    @Daniel Windecker

    hello

    it's not the best way to make money fast.  the best way to make money fast is a job.

    can you save up for a house hack?

    good luck

  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3mo

    From my experience in real estate, wholesaling is not a way to make quick money. Typically, wholesaling requires considerable money to do paid advertising to get the leads in the door. You can search here on BiggerPockets about people buying the same lists from the same websites. You have thousands of people getting the same information and calling the same people. The question will be, what is your strategic advantage when everyone has the same information? It's like trying to get the best grade on a test when everyone has been given the answers.

    There is a great comment above, which is: "The best way to make money fast is through a job. If you want to get into real estate, maybe look to get a job within the real estate industry." 

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    • Specialist · Member since 2025 · 82 posts · 31 votes
      3mo
      Quote from @Chris Seveney:

      From my experience in real estate, wholesaling is not a way to make quick money. Typically, wholesaling requires considerable money to do paid advertising to get the leads in the door. You can search here on BiggerPockets about people buying the same lists from the same websites. You have thousands of people getting the same information and calling the same people. The question will be, what is your strategic advantage when everyone has the same information? It's like trying to get the best grade on a test when everyone has been given the answers.

      There is a great comment above, which is: "The best way to make money fast is through a job. If you want to get into real estate, maybe look to get a job within the real estate industry." 



      That’s a great point.

      A lot of operators are pulling from similar datasets now, which means the real differentiator usually isn’t the list itself anymore — it’s execution after the data is acquired.

      Speed-to-lead, follow-up consistency, seller conversations, qualification quality, and operational discipline often create more edge than the raw data source alone.

      Two investors can pull nearly identical records and get completely different outcomes depending on how effectively the outreach process is handled.



  • Dan H.Pro Member
    Investor · Poway, CA · Member since 2015 · 7k+ posts · 8k+ votes
    3mo
  • Cory KingBusiness Member
    Real Estate Agent · Knoxville, TN · Member since 2021 · 164 posts · 77 votes
    2mo

    @Daniel Windecker wholesaling is pretty straight forward. early on with little to no money it's a time game. driving for dollars, calls, and post cards works. sniper approach and takes time to build the list and identify properties then prospect or market to those lists. with enough consistency you will find results. i can name multiple locals who've started this way and doing pretty well for themselves with it. my buddy mike cappello who has a $1M/yr wholesale business in VA hosts a free weekly training/mastermind on the subject. happy to make some intros.

  • Englewood, NJ · Member since 2018 · 258 posts · 36 votes
    1w

    @Daniel Windecker Great question, and good for you for asking for verifiable examples before spending money. Let me address your specific situation — no money to start, want to learn basics — because that actually points away from paid programs and toward something free.

    Building on Chris Seveney's point about strategic advantage ("what's your advantage when everyone has the same information?") and Sara Joe's insight about execution being the differentiator — here's the answer nobody's telling you:

    The strategic advantage isn't a paid program. It's county public records that are free, public, and almost nobody in wholesaling is actually using.

    Think about it: every county in America has three databases that independently identify distressed properties:

    1. County Tax Collector — tax delinquent lists. These are properties where owners can't even pay their property taxes. Financial stress documented by the county itself. The tax collector runs the legal process, publishes the list for free, and eventually auctions the property. You're getting the county's own identification of motivated sellers at zero cost.

    2. City Code Enforcement — code violations with dollar-amount repair costs. County inspectors visit properties, document violations, and assign repair cost estimates. You'll see things like "$12,000 structural repairs" or "$8,500 roof replacement" — that's your repair scope before you even make first contact. Physical stress documented by government inspectors.

    3. County Clerk of Court — probate, liens, pre-foreclosure filings. Legal complexity that creates motivated sellers. Inherited properties, tax liens, divorce filings — all public record.

    Here's the key: most wholesalers are buying the same purchased lists from the same services (which is Chris's point about everyone having the same information). But when you cross-reference these three county databases and find a property that appears on ALL THREE — tax delinquent + code violations + probate filing — you have three independent government confirmations that this seller is motivated. That's what I call "converged distress," and it's a signal almost nobody is building because most wholesalers don't know this data is public.

    This directly answers your "no money to start" problem: county data is free. No purchased lists, no monthly subscriptions, no paid program required. You go to the county websites, pull the data, cross-reference it, and you have a list of motivated sellers that nobody else in your market is working from.

    Cory King mentioned the "sniper approach" — this IS the sniper approach. Instead of calling 200 people from a purchased list (where 199 aren't motivated), you're calling 10-15 properties where three independent county databases confirm the owner has financial stress, physical property problems, AND legal complexity. Every call references documented data: "I saw your property on the tax delinquent list, and the code enforcement violations show $12K in structural repairs — I help connect property owners with solutions for situations like this."

    To directly answer your question about Jerry Norton's program: I'd ask what data source they teach you to use. If they give you pre-made lists, you're dependent on their pipeline forever (and paying monthly for the same lists everyone else has). If they teach you how to pull county data yourself, you own the skill for life.

    @Chris Seveney — curious if you've seen investors in your market using county tax delinquent + code enforcement cross-referencing, or if most are still on the purchased-list treadmill?

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