The Ultimate Real Estate Success: Making More Money with Fewer Deals #wholesaling #paynelessflipping

Name: The Ultimate Real Estate Success: Making More Money with Fewer Deals #wholesaling #paynelessflipping
Uploaded: 2024-07-29T15:00:36+00:00
Duration: 39 s
Channel: Nathan Payne
Description: In this monologue, Nathan Payne explains why he prefers a low‑volume, high‑margin real‑estate wholesaling model over a high‑volume approach. He recounts…

29 Jul 2024 · 1 min

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In this monologue, Nathan Payne explains why he prefers a low‑volume, high‑margin real‑estate wholesaling model over a high‑volume approach. He recounts periods when he was closing 7‑10 deals a month, generating a gross revenue of $208,000, but after accounting for marketing spend, overhead, employee salaries, and a 50% partner split, the take‑home amount was far lower than expected. Payne argues that a single deal that nets $10,000‑$30,000 provides more usable cash and simplifies the business, making the high‑volume model less attractive despite its impressive headline numbers.

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But the reason why I think this model's better for me is because when I was doing 7 to 10 deals a month, yeah, that's cool. That's a lot, right? In some months it was even more, some, you know, the average, but at the end of everything, you have your marketing spend, you have your overhead, you have your employees, you got all these expenses, and then you got to split it 50% with a partner. That's not, you don't really get as much as you think you do. We had like a $208,000 month, which you guys think is sweet, right? It's like, well, hey, there was actually a lot of marketing that led up to get to that point, right? And expenses. So for me, when I make $10,000 or $30,000 right now off of one deal, that's like all my money.