Nathan Payne cut his wholesaling team and overhead to do fewer deals but keep more profit per deal. He now has flexibility to hold properties he likes and more control over his business, though most wholesalers struggle to make this shift.
Chapters
If you just build like a really heavy acquisitions business that's just strictly wholesaling, you're not going to get to keep as much as you want. So what I did now is with the market shift happening, I've really leaned out my business. So instead of having a company or a big team that has to be fed, I do deals and I get to get paid pretty much with little overhead. I get to keep everything and get to keep properties that I want now. So I've changed my model a little bit to be not doing as much, but making more. And getting a lot more flexibility and freedom with my time.
Yeah, that's interesting, man, because you built it up pretty big, right? At one point. And that's a very good point, right? Everyone that's a part of the deal has got to eat, right? So when you start building up your team and it gets too big to the point where you start to realize your profits are really getting chopped down quite a bit. So I'm glad that you were able to actually make that shift. A lot of people just can't do that, right?