Is Wholesale Real Estate an Urban Legend?
It happened on a beautiful Sunday afternoon about three months ago. John & Peter hit the poolside bar at the same time. Both of them had just attended a Wholesale Real Estate seminar. All John wanted was a relaxing drink. He didn’t have the slightest idea of what was coming… Over drinks, they struck a conversation about their Real Estate Investing ventures. John revealed that he was a part time Real Estate Investor and had made about $4,000 on his first two deals over the last six months. He was pretty happy with his profits, because they supplemented the income from his day job. “That’s great! So have you thought about going full time?” asked Peter. “Can’t afford it, buddy. I put in twenty hours a week on my real estate efforts. Even if I go full time, I will earn only about 2000 bucks a month. That’s not gonna cut it”, replied John. Peter was surprised… He had been a full time Real Estate Investor for 3 years, and never put in more than two hours a day. Even though, his last mont
