Investor · NV, SC · Member since 2023 · 18 posts · 22 votes
I was working in the NFL front office. Good job, decent money, zero real estate knowledge. I read real estate books, listened to the podcasts obsessively, and convinced myself I was ready.
I quit with $13,000 to my name.
That first year was chaos. My first wholesale deal made $25K and I celebrated like I'd won the Super Bowl. What I didn't realize was that I'd just created a job for myself, not a business. Every dollar I made went right back out the door to the next deal.
Here's the thing nobody really says out loud on this platform: the strategies that get you started will kill you if you don't evolve past them.
Wholesaling got me in the game. It also nearly burned me out. When I finally had to let my whole team go, it was the best thing that ever happened to my portfolio — because it forced me to stop treating real estate like sales and start treating it like asset management.
Two downturns later, through COVID, through rising rates, through a team rebuild: 237 doors across NV, CA, and SC. Roughly $50M in assets.
The through-line wasn't the deals. It was every time I had to change the strategy and bet on myself again.
Happy to answer anything. What stage are you at where you feel stuck?
Partnership at BiggerPockets · Denver, CO · Member since 2021 · 13 posts · 16 votes
3w
Hey Nic! How long were you actually grinding on wholesaling before the burnout hit? Was there a specific moment or deal where you realized, "this isn't the path forward," or was it more of a slow accumulation until you finally let the team go?
Investor · NV, SC · Member since 2023 · 18 posts · 22 votes
3w
Honestly it was about 18 months of real grinding before I hit the wall. But there wasn't one dramatic deal — it was more death by a thousand cuts.
The moment I knew was when I had a team, a pipeline, and I still dreaded waking up. I was managing people, managing leads, managing the machine — and I realized I had just built myself a job I didn't want.
The final push was letting go of the team. Once I did that and the overhead dropped, it became really clear that wholesaling required me to keep feeding it constantly to stay alive. No deal, no income. I wanted something that compounded.
That's what pulled me toward STRs. The operator model made more sense for where I wanted to go — own assets, build systems around them, and not be the engine that has to run every day for it to work.
Investor · NV, SC · Member since 2023 · 18 posts · 22 votes
3w
Brokers, 100%. That's been our best source by far at this point.
The website grind is real but honestly I found it worked better as a credibility tool than a lead source — it helps when a broker is checking you out before returning your call.
What actually moved the needle for us was getting specific: we focused on commercial brokers who deal in multifamily and STR-friendly properties in our target markets, not residential agents who dabble. Once you build a relationship with 3-4 of the right brokers who know exactly what you're looking for, you start getting calls before things hit the market.
The key was showing up as a serious buyer — proof of funds, fast decisions, no drama. Once you close one deal with a broker, the next call is a lot easier.