How does it feel?

[Jose Castillo]

Hi BP, I would like to know how does it feel to have your first paycheck in hand after your first wholesale deal? How long did it take for you to get there? And what is the main key to getting there? Thanks so much!

[Paul Williams]

My first wholesale deal wasn't intended to be a wholesale deal.  I bought a commerical property for $175k and tried to lease it out.  After 6 months with no interest, I got a call asking if I would sell, and I said absolutely.  We closed a couple months later and sold for $200k, and wow!  What a relief. It felt great.  Of course, you have to keep doing deals to keep the money coming in, but if you can add in some passive income over time, you'll replace your active income. Good luck!