Getting Started·@subtosam· 112d agoDiscussion

Real talk: how much do you actually need to start wholesaling?

I see "$0 to start" constantly and think it's misleading. My actual first-year costs:

Necessary:

LLC formation: $50–$500 depending on state
Skip tracing initial list: $100–$300
VOIP phone: ~$30/month
CRM: $0–$200/month (free options have limits)
Attorney contract review (one-time): $200–$500

Optional but impactful:

Direct mail: $500–$2,000/month for meaningful volume
DFD software: $30–$100/month

Realistic minimum to have a real shot: $500–$1,000 plus 20 hours/week of consistent work. Anyone saying it's truly free is selling a course.

3 Comments

@virtualpriya· 111d ago

Solid breakdown. I'd also add a basic website and business cards — maybe another $100–200 total, but it makes you look credible when sellers Google you after the call.

@coldcallcarlos· 111d ago

The "$0 to start" crowd is selling courses. You nailed it.

@sharpring3226· 4d ago

This is a much more useful way to frame the budget than "$0 to start." I would also reserve a small diligence cushion for access, records, inspection, and a title or attorney question before treating a lead as contract-ready. Keeping recurring software spend tied to actual deal flow is sensible.