Nathan Payne spent months cold-calling for his first $5,000 deal. He now argues that buying pre-qualified leads with a 0% interest credit card beats grinding the phones, freeing time for higher-value work and scaling faster.
Chapters
Now, in the past, when I first got started wholesaling, what I did, like I told you previously, is I knocked doors, I cold called, and I just did a lot of the manual labor where I was going out and prospecting myself, which is what you read online. That's what you hear about. Now, that's not bad, and you can do that, but I personally think that's too time consuming, and I can use my time and leverage my time and the time of others better. So if I had to start over again, I would not do that. It took me 3 months of cold calling nonstop to get my first deal for $5K. A couple of years ago. Well, many years ago, but still, I would not do that now because there's faster ways to do it. Now, like I explained in the previous step, I would get a 0% interest credit card because I would rather pay for a lead that is interested and has raised their hand than get on a dialer and cold call for hours trying to find that one person when I could just use my time instead of cold calling. I could go get a job.