Nathan Payne says start with wholesaling, not flipping. Wholesaling teaches you deal mechanics, builds cash reserves, and gives you confidence before you risk big money. Jump straight to flipping and you could lose everything, forcing you back to jobs like his old Smoothie King gig to pay off loans.
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So let's wrap this all up, guys. Should you get into fix and flipping or should you get into wholesaling first? So hopefully you understand from this video that I think there's a time and place for everything, but I think you should get into wholesaling first. That way you can understand how deals work. You've built up some cash reserves, you built up the confidence, and you have the armor in order to go to battle to fight that final boss, to fight Goro, Johnny Cage, the Hulk, whoever you want to fight. You're ready, but don't get in it too soon or you could get rocked and you could be game over. Get, get your teeth kicked in and You could go, like I said, go back working at Smoothie King like I used to work in high school, because you got to pay off those loans that you got rocked in and you lost tons of money flipping.