I didn’t want to, but I had to kick out the squatter! #wholesaling #paynelessflipping

5 Mar 2024 · 1 min
0:57

In this first‑person narration, Nathan Payne recounts a real‑estate wholesaling transaction that went awry when a squatter occupied the property. The seller agreed to sell the house for $80,000, and Payne’s team quickly found a buyer willing to pay $125,000. The buyer backed out after discovering a squatter living on the premises, insisting the squatter be removed before purchase. Payne and his business partner flew to California, confronted a heavily chained gate, and called a locksmith who cut the chain. The squatter returned with his employer, who claimed the squatter was an employee and called the police. Law enforcement intervened, but the property was condemned—lacking electricity and water—so code‑enforcement officials were required to handle the eviction. The story highlights the unexpected challenges of squatter situations, the logistical steps taken to resolve them, and the legal hurdles involved in a wholesaling deal.

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