Wholesaling Real Estate: How to do deals on a budget with just a cell phone

10 Jul 2024 · 18 min
17:57

In this live YouTube presentation, Nathan Payne, a six‑year veteran wholesaler and fix‑and‑flip investor, walks viewers through a low‑cost, cell‑phone‑only system for finding and closing pre‑foreclosure deals. He explains why pre‑foreclosure lists are the most motivated source of leads, how to obtain those lists via Batch leads, county records, or direct title‑company relationships, and how to skip‑trace the contacts. Payne demonstrates using ChatGPT to craft empathetic text messages and call scripts, emphasizing the need for compassion when reaching out to distressed homeowners. He outlines a simple workflow that relies on a Google Sheet spreadsheet to track call outcomes (green, yellow, red) instead of expensive dialers or CRMs, stressing consistency and follow‑up as the key to success. A client case study—a $36,000 deal sourced from a pre‑foreclosure list—is shared, along with a personal subject‑to deal that appreciated from $145k to $330k. Throughout, Payne promotes his service site painlessflipping.com and free training resources, encouraging viewers to take immediate action using the described process.

Chapters

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