Nathan Payne describes a Colorado deal where partnering with another wholesaler turned an unsellable million-dollar property into a $50,000 profit. The buyer was already in his partner's network, not his own. He argues that JV deals work for wholesalers at any experience level.
We literally, when we JV, sometimes we reach out to other wholesalers in other markets and they have better buyers than we do because we're nationwide. We don't have the relationships. There was one deal in Colorado where we couldn't find a buyer because it was a million-dollar property. The tenant didn't want to leave. It was a tough situation, but we partnered with someone in our mastermind and he ended up having a buyer that was willing to pay us out where we made $50K. Now he actually ended up buying it because he wanted the deal, but that was went from zero to $50,000 because— and we were like, we're skilled, we know what we're doing.
We've sold a lot of deals all over the country and we couldn't find the right buyer for that one.
So just because you're new, just— I mean, just because you're experienced doesn't mean you shouldn't JV. JVing is a
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