Question: “How Much MONEY Can You Make WHOLESALING?”
That question is very generic and it’s always a weird question for me.
What I can tell you is that the highest I've made from one deal is $82,000.
My average is $25,000 per deal.
I have made as low as zero on a deal before.
The deal fell apart, it just didn't happen.
Things happened and we found out they owe way too much money,
And I've also closed another deal like that, that six months later, my partner said, “Hey, I got a $5000 check coming your way”.
We were able to get a pay off on the deal we closed that we took on a promissory note back on the deal because we needed money to do the deal.
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ABOUT YOUR HOST ::::|
Ola "Tux" Abitogun is the Creator of myEmpirePRO and author of Smart Real Estate Wholesaling. He became a FULL TIME entrepreneur in October 2006.
He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.
Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and a father. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.
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