Interesting question about priorities and wholesaling

[Shanai Rogers]

Hello! I have a somewhat rhetorical question. I know this wouldn't be considered intelligent, but how many people have had experience with instead of paying certain bills on time, using that money to invest into/build their wholesaling business while their in the beginner stage of actually rolling out the marketing and building relationships at meetups, etc. Does that maybe not make sense, but has anyone seen success with not paying a bill or two and depending on the possibility of a deal first when you can't really scale when exactly that will be?

[Stephen J Davis]

This will cause problems when you graduate from wholesaling to rental. Credit is everything in this business. I don't recommend letting your credit go bad while you wholesale or you will be a wholesaler the rest of your life and never graduate to investing. Pay those bills! LOL Oh, and no, wholesaling is not investing. It is earned income and is taxed that way.