Wholesaling Real Estate: Payneless Flipping Secrets

What is going on, my friends? Today we got something special for you. So if you don't know who I am by now, and that's fine because not a lot of people do, my name is Nathan Payne. I've been in the real estate industry for 6 years, and my goal is to help people do more deals. And I've done several— I've done hundreds of deals, you know, millions of dollars in transactions. And again, my goal is to help you do more deals. That's why I'm doing this, okay? And I know if I help you do more deals, we can do deals together. That's, that's just how it works. Right? I help you, you help, we work together. Nathan, who the heck are you, bro?

Yeah guys, my name is Nathan Payne. Um, done a bunch of deals, a bunch of different states. Um, and yeah, the reason why we do this is there's a lot of people really struggling to get into wholesaling and we don't want you to be one of them. So, and yeah guys, when you get to a certain point, we'd love to help you with the deal. So, and on the flip side guys, we've got deals all the time to where we're looking for people to help us. So it goes both ways.

It does, 100%. Now guys, our plan for today is to talk about how you can make money in wholesaling real estate. Again, if you're watching this, the goal is to show you how to make money in real estate, wholesaling real estate. And what— how are we going to do that today? What's the plan? We're going to talk to you guys about the top questions to qualify a seller. Okay, look, there's a lot of you out there that are engaging, you're trying to get leads, you're trying to identify opportunities, but You got to know the top questions to ask them so you know you're not wasting your time. Because I'm telling you guys right now, you can waste a lot of time. I've wasted my time with a seller for a year. I was talking to a grandma for a year and she was like, oh yeah, I think I want to sell. Like, it took me forever. And eventually what happened is her daughter caught her talking to me on the phone. I was like, don't you ever talk to my grandma again, you piece of trash. And I was like, wow, I probably should have asked her if she had anyone else that was going to be a decision maker, but I didn't. We're going to talk about the right questions to ask so you don't spend a year following up with old granny who you probably shouldn't be talking to, right? I didn't know. I was brand new. Okay. I wasn't trying to do anything crazy, but that's our plan. We're going to show you guys the top question qualifying questions to ask and what you should be doing to make more money wholesaling real estate. Nate, what's our promise? What are we going to try and promise? What's our promise every time we get on the call today? That's the goal. That's our promise is if you guys are watching, we want to show you guys put this into action. So we're going to go through this quick and I'm going to make some calls to some sellers, show you guys, put this stuff into action. Okay. And, you know, unless you guys are swarming us with questions and we don't have time, but, you know, we'll see. And if this is live, so if you're watching this live, let us know where you're watching from. We love to connect and help you guys out. That's our goal. All right, Nathan Payne. So let's just hop right into it. You're talking to sellers. You want to make money in real estate. You find some opportunities. You find some people that say, yeah, I've been thinking about selling. What are you going to ask them?

Yeah, guys, so great. Where do we start? And the reason why, just real quick, why we are starting here, why we are talking about this, and we are going to talk about this a lot, is because this is so critical. This is the first place to start. You know, there's a lot of ways to get started with wholesaling, but whether, you know, you're looking to find a deal yourself or if you're trying to do reverse wholesaling and, oh, I'm going to find the buyers first, the reality is, is if you're looking to talk to buyers, Nobody's interested in chatting with you if you have nothing to bring to the table. Right. True fact. I know a lot of people are like, oh, reverse wholesaling, like it makes sense in theory, but call a couple buyers and just say, hey, what's your buy criteria? Let me know how that goes. Hey, because I've done it a bunch.

They're going to say, hey, get lost, get lost. Fine. But yes, we'll talk.

Right. But at the same time, we also don't want to be locking up deals if we don't already have a buyer lined up for it. So there's kind of a catch-22. There is a way to make it work. But what we're going to get into today is first and foremost, step number one is we need to find opportunities, right? Not just find opportunities, but qualify those opportunities. So that's what we're going over today is, Nate, I found a human being that owns a property. They said they are interested in selling. What do I do? So now's where we want to qualify/disqualify. And number one, first part of that question is I'm going to ask them— now in this conversation, I'm going to be asking, hey, tell me a little bit about the property. As they're talking to me about the property, this is where I'm going to sprinkle in these questions, right? Every single seller I talk to, I am always asking these questions. Question number one: hey, did you have a point you're gonna make.

And I love it. I'm just saying, go ahead, give me that number one.

So, so question number one. So, hey, Mr. Seller, okay, got it, um, needs a new roof, you know, this, that about the house.

Okay, cool.

Hey, let me ask you, have you thought about maybe just listing the property with an agent and sort of going that route? Simple question. Have you thought about listing it with an agent? Right? And guys, as you'll see, the questions we're asking, we're really just presenting all the other scenarios, right? Like, what are their other options? That's what we're going through. So option number 1: have you thought about listing it with an agent? And guys, do not be afraid to ask this question. I promise you, you're not introducing anything new that they haven't already thought of, right? You're not going to scare them away. They're not going to be like, Oh my gosh, I never thought about that. Like, yeah, click, I gotta go, I gotta go call an agent, bye, right?

Right. Happens.

So question number 1, have you thought about listing it with an agent, right? And if they say yes, then I'm gonna ask one question more. Usually they'll say yes, and here's the, you know, why we don't want to work with an agent. But if they just say, yeah, we've thought about it, Okay, got it. Well, what, what's kind of held you back from just moving forward with that? Ask the question, right? We want to know the why behind every one of these questions. We don't want to just ask the question, we want to ask the question and then understand why, why that is not the option for them, right?

Yeah.

I don't understand the why, I'm going to keep asking until I uncover and understand why they are not interested in that option.

So let me give you a scenario where this, this happens a lot, that people are like, no, I do not want to list with a real estate agent. I don't want to pay any fees. I don't want to pay an agent any fees. I want to make as much money as possible. That happens a lot too, right? They're like, I'm just trying. And we faced that with the seller we were talking to the other day. They, they sound like they're motivated, but, you know, they didn't really want to pay any fees because they wanted top, top, top dollar, right? That was like their motivation. They would just want as much as they could get. So what would you say to that? What would you say to that? Like, they don't want to list with an agent, Nate, but they also don't because they don't want to pay any fees, right?

And I say, okay, got it. No, that makes perfect sense. Well, question number 2 is, hey, well, let me ask you, have you thought about maybe just fixing up the property yourself and and then selling it, right? Have you thought about fixing it up yourself? Have you thought about doing the repairs yourself, right? And what we're doing is when they are saying no to each one of these options, they are telling you why you are the best solution for them. Because ultimately what we're doing, guys, the whole goal— we are not calling like sales and negotiating. It is not like I'm this master at sales and negotiation, and I can convince anybody with my mind tricks to sell me their house at pennies on the dollar. No, it doesn't work that way, right? I don't care how good you are at sales and negotiating. Now, don't get me wrong, some people are definitely better than others, right? There are, there are levels to the game. But one thing I can promise you is you cannot convince anybody to do something they don't want to do. They have to make that decision. Right. So what we're doing is we are looking for the right people to work with and we have a conversation right now. And sometimes it's a little bit difficult to tell, which is why we have these in-depth conversations. And that's what separates people that are not that great at sales and people that are master at sales and negotiations. Right. It's being able to kind of pick through and uncover all the information because there's a lot of people that are in the middle where it's like, I can't tell, like, is this somebody I can help? Is it not? Right? And that's what we're doing here. So have you thought about listing it with an agent? Have you thought about fixing it up yourself? And then question number 3, right? And, and kind of, this is sort of goes in between. A lot of times they'll sort of answer this, but you had mentioned, oh, I don't want to list it with an agent because of the fees. A simple follow-up question is just like, okay, got you. Have you thought about, you know, just sort of listing it yourself for sale by owner, right? All right, guys. Every possible option you can think of, we're going to bring it up and we're going to ask them why. Because the other thing, again, not only are you going to know why you're the perfect fit for them, but they're also— they are walking themselves down this path. They are walking themselves down this path of selling themselves on you and why they should work with you and why you're the right thing.

Another great thing about this is the fact that, uh, they'll stop you hear one or two and they'll just be like, look, look, look, I know I want to sell for cash. I've already had this conversation. I've decided I want this because of this. They'll just give it to you, right? You might not even have to ask all these questions, but asking these questions identifies— it's like a funnel, everybody. I mean, let me, let me draw something. So you got a funnel here. When you do lead gen, right, you're getting all these people right at the top of the funnel. You are making money and you're going to— yeah, you're going to make money off of these people. Right. But the people at the top of the funnel that, you know, a lot of the time at the top of the funnel, they want retail. Guys, we can't really give them retail or help them get retail unless, you know, there's a solution. There's a problem. Even a novation, people, when you do novations and you get people retail or a higher price, there's some problem they have or else they wouldn't be talking to you. They would just list it with their Aunt Janice or their friend. Right. They would just do it quickly. But your goal is to get these comp— these, um, questions that you're asking are filtering people in the funnel and getting these little— and you're having less opportunities. So you see how many balls we got here? There's thousands and thousands of balls. We want to filter people. So there's a couple balls. That's how you make money in real estate. Like, and this is not just in real estate. This is in business in general. If you can't filter to find the right opportunity to qualify the right opportunity, you're going to waste your time. That's why, Nathan, I think there's people that have been wholesaling in real estate investing, haven't done a deal for years, 2, 3 years, because they're not focusing on the people, the client they can actually help, and that makes them money, right?

And, and just to kind of make the point even further, you guys already do this to a degree. You already implement a funnel without realizing it, right? So if wholesaling— if you're looking to wholesale Right. We're talking about a funnel within the conversation, like how to filter further. But if you were to look at houses for sale, you probably wouldn't just walk outside and go to your neighbors and start pitching them, right? Hey, can I buy your house? No, you'd probably have some type of filter. Oh, well, let me look for something in this price range, or let me look for something that has at least 3 bedrooms, or let me look for something that has some repairs. Right? So you're already implementing a funnel to a degree right now. Again, we're just— it's another piece of that funnel to filter through. So, and this is closer to the bottom of that funnel, right? When we're having these in-depth conversations with sellers, people that said, yes, I'm interested in selling my home. So we've got, have you thought about listing it with an agent? Have you thought about fixing it up yourself? Right? And then question number 3, this is one of my favorites to ask. Because they don't even let you finish asking it. Have you, you know, Mr. Ms. Seller, hey, let me ask you, have you thought about maybe just renting it out and, and sort of going that route? Most of the time when you ask a seller, right, more often than not, when you say, hey, have you thought about renting it out, they will cut you off as soon as they, they hear the word rent. Hey, have you thought about rent? Oh my God, no. No, we don't want to rent it. No. Oh my gosh, we don't want to deal with tenants and toilets and all that nonsense. You know, my buddy had a tenant, tenant, he had to, he had to kick them out and they wrecked the place and blah blah, right? And they'll go on like a 20-minute rant as to why they would rather do anything than rent it, right? Not always the case, but guys, more often than not you'll find that's, that's the response you get, which is perfect, right? It's exactly what you're looking for, another box checked.

And it's very important to ask this too, because if they're like, nah, if I don't sell it, I'm just going to keep it because I'm not— I don't need to sell, right? Then you're— you understand again, when you look at the funnel, is it someone that we're looking with that that's motivated? If they're like, nah, if I don't sell it, I'm just going to— I'm going to keep it. I don't need to rent it. I can just stay here forever. It's like, okay, well, that's a— that's a— that's not motivated, right? That's not who I'm looking for. If they're like, I don't need to sell, I'm just looking for top dollar. Okay, well, get— that's not who you can work with.

And then question number 4, this is kind of a— it's kind of optional. And the reason why I say it's kind of optional is you got to use a little bit of emotional intelligence on whether you should or shouldn't ask this question. And question number 4 is, right, if they don't want to list it with an agent, if they don't want to fix it up themselves and sell it, if they don't want to rent it, What's the last option, right? Or the last option other than working with you? The last other option is, well, hey, Mr. Seller, let me ask you, what if— I mean, is— are you able to just stay here? You know, is, is that something you've considered? You know, just kind of staying and, and, um, you know, sticking around, um, at this place a bit longer? Right. We want to ask them, hey, is just staying an option?

Right.

That may seem kind of a silly question, but it depends on the conversation. And again, it's—

it's—

if, if you're asking, well, Nate, why would I ask that question? They just said they're, you know, yes, I'm interested in a cash offer. Again, guys, it's—

it's—

we're getting them to tell us why they need to sell the house through us, why we're the best fit for them, why we are the best option. This is an option for them, just staying there. And also, the ultimate goal, the number one thing we're trying to do is we're not trying to sell anybody. We're just trying to uncover all the information in this situation so that we can see all the cards that are on the table, right? And then we can just put the perfect solution together for that specific person and hand it to them on a silver platter.

Right.

And if all the cards are up on the table and you're like, oh wait, oh, now that I see all these cards, like, yeah, they're not really interested in what I'm able to offer them, and what they have over there actually looks like a better option for them, well then, guys, you don't force the offer on them, right?

Right.

We're not shoving cash offers down people's throats. Nobody likes that.

So yeah, and I don't mean cash, like creative, novation. Like, there has to be some sort of motivation for you guys to be able to do a deal with somebody. And I can promise you guys that if you ask these 4 questions to any off-market— and then we're talking off-market, if it's listed, this is a different conversation, obviously. But if this is an on— uh, did I say off-market? If it's on market, if it's listed, this is a different conversation. But this— if you ask these 4 questions to anyone that's off market, you will know at the end of this if you have an opportunity worth working. This is really all I ask. I just say, hey, do you have a couple of minutes? I could ask some questions about the property. Is now a good time? Yes, it is. Okay, great. I'm just going to ask you a couple of questions. Can you tell me a little bit about the property? Blah, blah, blah. Okay, great. Bam. Then I hit these, right? I just say, tell me a little bit about the property to get the conversation flowing, you know, just so they start talking a little bit.

But after that last— And for that last question, hey, you know, Mr. and Ms. Seller, have you thought about maybe just staying here? Remember I said it was optional, and the reason why I said it was optional is because we don't want to ask this question if through the conversation we've already had with them, if they have made it obvious that this is not an option for them, or if this is not an option they are remotely interested in. For example, if you're talking with the seller and through the first couple of, you know, questions or with chatting with them, they're telling you things like, yeah, we need to sell the house. We're trying to sell it as fast as possible. We've already moved and we've moved into a new place. We've moved all of our stuff. We're really worried about people, you know, squatters getting into the house or this or that, or we can't afford two places. We're trying to sell this quick. I'm not going to ask them, hey, have you thought about maybe just staying at the place? They would just, they would just look at me and be like, dude, are you stupid?

Right?

No, we don't want to sell this thing. We're stupid, right? So again, this is where the emotional intelligence comes into play. Like, we have to listen, because if I were to ask that question when they've obviously demonstrated that this is not an option for them The way the seller is going to see that is, this person isn't listening to me, they don't actually care about me, this person's just trying to make money off me. And that's not what we're trying to get across here. Because guys, remember, just one last point, the number one rule of all of this, guys, if you forget all these questions, if you go to call a seller right now, as soon as, as soon as you're done watching this video, if you call a seller and if you just remember this one rule just this one rule, I promise you, you will significantly, significantly increase how much progress you make right after this video. And that number one rule is genuinely care more about the other person's outcome than they do. I'm gonna say that again for the people in the back. Genuinely care more about the other person's outcome than they do. And guys, I get it, we want to make money, right?

We—

I don't get into wholesaling because I wanted to do volunteer work, right? I understand. Yes, yes, we want to make money. Yes, this is a business. But guys, when you go into the conversation, when you genuinely go into that, that, that frame of mindset of I'm genuinely just going to care about this person, one, you're going to find you're going to be able to be significantly more effective. And, and two, the seller is going to be able to pick up on that, and they're going to see that you actually care, and they're going to want to work with you. And number three, right, sometimes people are, are nervous. I'm not that great at sales. I'm nervous with calling people. Guys, when it's not about you, it takes all that pressure, right? For example, I, I was swinging a hammer or building a house— oh my gosh, I absolutely suck. I work— I worked construction for, for 2 summers. Oh my gosh, it was basically charity work. I feel so— they're a great family. But anyways, right? And I— oh my gosh, it was like nerve-wracking because I was so bad at it. But if I were to go on a volunteer trip to Haiti and help build houses for free, there'd be no pressure, right? Because it's not about me. I'm not getting paid. There's not a certain expect— I'm just there to help, right? So go with that same mindset into your calls when you're talking with the seller. Hey, I'm just here to help. And guys, be real about it too. If through— if you ask all of these questions and you uncover all of the pieces, and if there genuinely is another option that is significantly better for them, I will point them in that direction. Here's the funny thing: if they're not interested in that direction, which does happen, a good number of times, they want to work with you even more because people want to do business with people they know, they like, and they trust.

All right, Nate, I love it, man. And I think that's so true. So selling is— selling your home is emotional, guys. It's emotional for a lot of people. And this is an emotional process. We're taking through a sales process that helps identify what they want, their emotions. And if you just go in there and you're just all tactical and not tactical, but you're just like, hey, let me just offer them a low offer, which works for me. That's not like, that's not a win-win scenario, right? You just care about where you're, what you want, right? You're not trying to connect with them and help them win. That's a win-win scenario. It's like a term that's used a lot in sales training. You want everyone to win, everyone to feel like, no one feels good if you won and they lost, right? So you want them to feel good and these questions help you. Identify that, right? It helps you get on that same page. So this is why it's important. It might take some time, right? You might rather say, hey, I'm just going to make offers. That's why when you just send out low offers, it doesn't work. It doesn't work for anybody. Everybody that tries to send out mass offers, no, it's not going to work. You have to talk to sellers. And that's why I always think there's going to be a place for wholesalers, for investors, because we're going to hop on that phone. We're going to talk to you about what's going on. Okay? And remember, guys, these questions, I can promise you, if you ask these questions, you're going to be able to identify opportunities. And what's this call about? It's about how to make money wholesaling real estate. This is it. This is it. If you can just identify opportunities and get those people, whether you know or not, you know how to close them, dispo them. If you can find opportunities, you've made money because you can just, you can get it to someone. You can JV with someone. You can get, find buyers. Like, this is where the money's made.

Okay.

It's, it's literally the funnel, okay? Like I showed you guys in the beginning, if you get people past here and they're like, hey, yeah, no, I do want to sell for cash because I, you know, I want to sell quick, I don't want to mess around with listing it, I don't have the time, you found the tiny opportunities you want to— these are just opportunity balls that are going down into your funnel of who you can work with. But at the top of the funnel, again, there's just people who want to sell. There's just people that have houses, right? There's just a ton of them. And you want to get them through that funnel through these questions. Okay. So I'm hoping you guys understand what we're teaching you. This is the moneymaker. Nate, would you say like this is probably one of the most important skills to making money as a wholesaler or as a real estate investor?

Well, guys, I mean, I would say just, just think and answer the question for yourself. If I don't have an opportunity in real estate, in wholesaling, think of any person I can talk to. If I don't have an opportunity, a qualified lead, what am I able to bring to the table? If I'm talking to a buyer, he wants to do deals, right? If I'm talking to him and I don't have a lead, like, there's nothing I'm bringing of value to that conversation. He's not interested in chatting with me unless I have opportunities, or I'm talking to him about how I have, you know, will, will have opportunities. Title company, um, you know, same thing. They make money off of closed transactions. If I don't have opportunities, there's no point in even chatting with them. I'm, you know, I've got no value to bring to that conversation, right? Whether it's a real estate— whoever, right? All of these scenarios, I need a qualified opportunity, and there's no easier place to start. And guys, it's, it's The easiest place to start, right? Find somebody that's considering selling and you're having a simple conversation and you're only interested in chatting with the people that are the absolute perfect fit for you. And if not, you say thank you or help point them in the right direction.

Yeah, I want to say something, uh, to that, to that, uh, basically I agree with you 100%. And the thing is, everybody, is like we used to just teach people like the Painless Flipping Method is basically having a deal sold before you even have to get under contract because we had buyers, we had everything, and we taught people really well like how to go find buyers, right? So they got good at that. They got good at talking to title companies. But the one thing that they weren't really focusing on was the opportunity. So they were getting relationships, but they weren't able to bring it to like the opportunity to them. So they, you know, honestly, it's a waste of time to go find buyers if you don't— if you're not good at having the right conversation or identifying opportunities. It's a waste of time having you know, an LLC, it's a waste of— everything is a waste of time if you aren't good at identifying what's going to make you money. So stop everything now. Stop building a website. Stop doing all this stuff, business cards or whatever. This is the top thing that's going to help you make money in real estate. And that's where I started. I started learning this, right? Actually, when I first started, I tried to do everything and it was a complete waste of time because you can't learn everything at once. This is the moneymaker. Hands down, I would say, whether you're prospecting and trying to find those people and then you have this conversation, or you can pay for the lead and you already have the lead coming in. But this is— and I would say all of you out there that maybe are new, I'd say you're losing out on opportunities because you just aren't— you haven't mastered this skill. This is a skill set that you can master through practice, but this is, again, this is the moneymaker. You find the opportunity, you make more money.

And one, one thing I just wanted to add with the missing opportunities, because a lot of times, you know, we'll hear people say, oh, where are the deals? Like, I can't find deals. How do I find deals? Where are deals? I promise you, you are missing deals every single day, every single week. Right. And I used to think the same thing early on in my career. I was like, oh man, like, where are people getting all these deals? Like, why can't I find any deals? Well, I wasn't having the right conversation. And one thing I want to point out, Pro tip: in the very beginning of this conversation, hey, have you ever thought about selling that property? You know, oh yeah, I'd consider an offer. Got it. Let me ask you, if you were to sell it and for a cash offer, did you have an idea as to what you'd want for it? Oh, I want $500,000 for my house, right? And you know, like, oh my gosh, I'd like— I'd maybe be able to pay like $200,000, $250,000, rather than just saying, ooh, $500,000. Yeah, I'm probably like, I won't be able to get close to that with a cash offer. Rather than saying anything, you just acknowledge it and say, okay, got it. Tell me a little bit about the property. Just table it and go through this conversation because, guys, I cannot tell you how many times When you ask somebody, hey, what price do you want from the home? What's the lowest you'll take? I don't recommend that as your first question. Hey, what's the lowest you'll take? Yeah, they're like, um, hey, what's the most amount of money I can make off you, right? I don't want to say that in the first 2 minutes of meeting somebody.

No.

So, hey, what do you want for the home? They don't know us. We haven't built any rapport. They don't know us. They don't like us. They don't trust us yet. Right? So when we ask, hey, what price— did you have an idea as to what kind of price you wanted for the home? They still have their guard up, right?

And so whatever price they throw out, they would be dumb if they didn't tell you the most they can get. Like, who, who starts a negotiation by going low, right? They're always going to go high despite that being what they're willing to take. We know because we're, we're doing a deal right now where they originally wanted $850,000 and they took about $200,000 less.

Yeah, so, and guys, that happens all the time. I mean, you know, $200,000, that's— but I mean, guys, like $100,000, even $150,000, like you'll be surprised how often that actually happens on market and off market. I've seen it with direct-to-seller and with real estate agents with listed properties, right? Um, so you will be surprised. So when, when they say they want, oh, I want this ridiculous price for the home, just, just put it up on the side.

Right?

Just table it, go through these questions, right? Uncover all the information, see what's really going on. And then if they check all of these boxes, then you can re-ask the, the question, you know, when it comes to money, right? Now there's ways we can do it, that's another conversation for another day. But the number— just ignore the price, ignore the price that they give in the beginning, because that number can drastically change from what they tell you in the first 2 minutes in the conversation to 30, 40 minutes later after we've built rapport and created a relationship with somebody.

Yeah, real quick, just so everybody knows, usually where that price usually is just in the money spot is if they've talked to like 5 or 6 other investors who have lowballed them already and you just come in at the right time and it happens sometimes. I've done deals where they're like, look, I've already gotten offers at $150,000, $140,000, $120,000, $130,000. I just looking to get— I'm just looking to get $155,000. If you can do that, it's yours. And then you're like, that works. And then you just freaking lock it up. But that's— if that's your negotiation strategy, if that's how your sales process is, like, you're going to get one deal a year, maybe, you know, it depends how many opportunities you're looking at. But that's not how you should— you should navigate all your deals. So anyway, Nate, I have a call that I did. It's recorded because I know if we hop on calls right now, we might get someone, we might not. So I have a call. That I took someone not exactly through this process. I'm not going to lie, guys, it doesn't always go like this where you're like, all right, question 1, bam, bam, bam, because they might just elaborate and be like, look, I've talked to a lot of people. Don't— I don't want to list that. I don't want to do any of this. And then it just cuts the conversation down. And I have a conversation right here that it seemed like she was motivated. Okay, but then I asked the right questions and I found out immediately. Well, not immediately. It took 10— it was a 10-minute call. If you guys want it, I want to— I'm going to show you guys the call. She wasn't motivated. She was— she was finally— she was like, look, I don't get this number, I ain't selling it. And it's like, okay, well, that number you want is way more than it's worth, right? So, and then you dive in deeper and you find out there's just the pain isn't— there's no pain, right? It's just like, hey, I want to sell this. So I'm going to share that with you, Nate. I know you got to go to dinner. You got the family. I'm going to share my screen. You can stick around if you want, bro. But I think we did a— you did a good job. Do you have anything else you want to say?

Yeah, I was just going to say, guys, so watch, watch, listen to the call. Again, this is where you got to be a little fluid when it comes to these conversations, right? You, you learn the questions, learn the script, right? It's gonna sound and feel robotic in the beginning, but practice it and learn it until it becomes, you know, non-robotic, right? The, the analogy, the example that people use over and over and over again is actors, right? Hollywood, you know, movies. They all go off of a script, but when we watch the movie, it's like, wow, man, that looks so real. No, it's because they went over the lines probably hundreds of times, right? And they did it so many times to where they could really embody it, and it comes out really genuine and real. Same thing with your, your, your script on sales and negotiating. So. But again, guys, stick around, listen to what, what these conversations here, um, sound like in real time, and I will see you guys next time.

Peace out, brother. Hey guys, I'm gonna show you this call that I made, and one thing I want to say to everybody here is like, look, um, getting, um, being born a good salesman, like, that's not— maybe some people are better at having conversations than others, but that's not something that's like true, guys. Like, get that out of your head if you're like, oh, I'm just not good at talking to people. Like, it's a skill set you have to practice. Like, when I started doing jiu-jitsu, I sucked. I still suck compared to who I— if I go against a master or like a black belt or someone who's way better than me, it takes practice. Okay, so I want to show you guys this call. And again, thanks to Batch Leads. This call is brought to you guys by Batch Leads. If you guys don't have leads to call, they got your back. Okay, and you can DM me if you want my link. Um, you know, it's like a 7-day free trial. It's whatever. If you guys want, want that, or you can just go to the website, it's up to you. But basically my goal is to help you guys Filter those opportunities so you can get more deals, make more money. That's why we're here. And if you're not having the right conversations, you're wasting a lot of time like I did. Okay. But listen to this conversation I had right here and tell me if you guys think I did good. And if you think I sucked, I want to hear that too. I want to know what you guys think. So let me, let me share my screen really quick. Let's see. And if you're watching this live, throw some questions in there. Let me know what you guys are thinking. I'm not here to say like I'm the greatest negotiator of all time, but I do like to get some feedback. So let's hear what you guys— let's hear this call. What's up everybody?

Let's get to the point.

I'm here to make a call, see if I can negotiate a deal with the seller. This is a pay-per-click lead. Let's go for it. My name is Nathan Payne.

Let's do it.

All right, so this lead is from Ohio. If you are from Euclid, Ohio. Shout out to you. This is where the deal is at. Maybe if you watch this, we can do it together. Maybe you can buy it. Let's see how it goes. Call her. I'm already expecting to call her 3 times because that's just what happens sometimes. But let's see if Laverne Dawson Moore answers. I like that name, Laverne. It's a good name.

Hello?

Hi, I'm looking for Laverne. Speaking. Hi, Laverne, how you doing? My name is Nathan and I got your information. You had filled out some information about wanting to sell your property, and I think you had talked to one of our salespeople in the past, but I was just calling to follow up and see if the property is still for sale. It is. Okay, Laverne, is it Laverne or is it Dawson? I know there's two different names on the form.

Well, Laverne is my first name. Dawson Moore is my last name.

Okay. Dawson Moore is your last name. Is that right?

Okay. Correct.

Well, I just wanted to, before I get into it, I wanted to see if you had 5 or 10 minutes so I could ask you some questions about the property. Sure. Okay. So I was kind of reviewing a little bit of the notes, but I'd like to just go, um, ask them again just to make sure I didn't miss anything. But it looks like you're wanting to sell the property. You're thinking about I think you're saying about some going somewhere into Vegas, I think, for, uh, with your husband.

Is that right? Well, yeah, but that's—

yeah, that's later down the line, right? Exactly. Okay, well, um, do you kind of, kind of want to fill me in? I did read a little bit through what the last conversation, but, uh, do you mind telling me what's going on?

Well, I want to sell the property for $127,000.

Okay, $127,000. That's— so that's your asking price at the moment? Yeah.

Okay.

Um, you know, I haven't done too much research into the values of the properties. We're cash buyers, and I'm assuming you've talked to a couple cash buyers up to this point. Um, have you gotten any other offers from anyone else so I don't just come in and make you an offer that you completely will not even accept?

Right. Well, I got one for $122,000. Okay. And I got Today I was speaking with some gentleman and I didn't even let him finish because talk about a lowball.

No, no. What did he— did he make an offer or no?

I didn't know because I told him if he hadn't even gotten it to $100,000, let's not talk. Of course. So both of us.

Yeah. So you just saved this time, right?

Exactly.

Well, you know, I'm glad that we just got straight to the point right there because for me, like, I know there's— I buy houses in multiple different ways, and if I can't buy them, I know I have a large network of people that can usually pay more than me in different situations. Um, I'm just curious, most people that want to sell their home for retail or as much as they can get, which everybody should, right? You should get as much as you can for your property. They usually list it. So is that a Is that an option for you, of listing with a local agent in the area and trying to sell it on the MLS?

Uh, yeah. Okay. I have, I have an agent. If I was going to sell it through an agent, I actually was going to surprise the guy that sold me the house. Oh, and give the listing. I'm not, you know, um, his name is John O'Connell. Okay. So that's the listed way.

Okay. So you already kind of have that lined out. So if you do list it, you'd go that route, right? Exactly.

Okay. That's almost like a thank you.

Yeah, of course. Now, um, so obviously I was like, well, I can list it for you. You'd be like, well, hey, no, no thanks, I got John.

Yeah, because see, I know him personally.

Of course. Uh, of course.

Yeah, yeah, this is why—

you, you know what, I've actually sold a couple houses. Um, I've sold a lot of houses myself by using a website that it's only $99 to list your house yourself. You don't even need a real estate agent, you can do it all yourself. I didn't know— I can tell you more about it if that's something you're interested in pursuing, but it's, it's, it's saved me and a lot of people I know a lot of money.

Oh, okay.

So, but yeah, I can— we can Kind of, we can explore that in a little bit. I just wanted to, uh, so cash is probably not going to be something you're open to because cash is usually, look, those are investors looking to rehab a property or, um, you know, get it at a discount so they can make a profit, right? So, um, what other options have you explored other than, well, we already can say cash is probably out. Have you explored any other options to sell it other than listing and cash?

No, I'm not interested in financing for someone. Okay. Just, you know, what I think sometimes when people are ready to sell houses, I, I, the mortgage is $500, right? Of course I want to get rid of it because I'm tired of being a landlord. Yeah. And I will do some things. I got some things going on. My husband mom's health is not good and I'm gonna help, you know, get involved with my nephew in Vegas, um, in a condo.

Right.

There's some things that I want to do, but none of those are so pressing that, and I'm just gonna say, hey, okay, I'll take that. Yeah. You know what I mean?

Yeah, yeah. It's not a fire sale, right? Right.

Yeah, exactly. Okay. That's what the gentleman I was speaking with today— I just couldn't get over— he kept adding up price per square footage.

Yeah.

Yeah. And then I thought, well, what?

Yeah, I know what you're saying. He was probably just trying to make a deal out of something that probably just doesn't make sense, you know, at the moment for what you need. Right.

I think, I think, and maybe when I said if you're not even near $100, I haven't even made an offer. Well, let's not test you, you know. Yeah, of course. Always have a great weekend. And I could tell it got a little testy, but it got testy because you insulted me.

Yeah, yeah.

And I think I may have mentioned, and this is probably why I got a little testy with you because I mentioned something about, oh yeah, if I, if I really, if I get the $127,000, I'll go ahead and take my husband on a trip to Europe because we want to go both stationed there. And this guy brought it up. Yeah, yeah. To me. And I'm thinking, why are you remembering my personal— I still can go. I go next week. I probably would have to dig into my savings, right? But it's not, I need to sell my house so I can go.

Yes, yes. And apologies for bringing that up. I didn't, you know, I was just kind of reading the notes, um, but, uh, no, I, I understand.

I mean, since you're saying that, I know you didn't mean it. He was trying to get me in it.

Yeah, yeah. And, and the way that, uh, you know, I've done business for a long time is like, it's got to be a win-win scenario. All the time. If it's not going to benefit both you and me, it's not worth doing the deal. So, um, just from what you're telling me, you know, I don't think any cash buyer is going to be able to come in and get you what you need just because again, we're business and we got to make the profit. But when you go for an agent, they usually get their commission out of what they can sell it for. And then you have a retail buyer, a family that's going to live in it, and they're going to pay more. That's just, that's just how it is, you know. Is this, um, is this— sorry, is this a rental? I'm sorry to interrupt you, but is this a rental? Okay, it's a rental.

All right. So I don't, I don't know when you guys say, uh, a rehab, there's nothing to rehab, right? The one thing they probably could do, or maybe if they really just felt they wanted to, is put, uh, new countertops on because I have I put, um, I forgot, it's almost like a Formica type.

Yeah, from—

yeah, for my—

I got you. Yeah, I think that's what it's called. And, uh, most people like— where I'm in my home now, I have quartz.

So yeah, it's a smaller kitchen, just minor, minor things.

They had to put a new counter cabinet on there, countertop. It might run them $1,000. I'm just like, really?

Come on. Right.

I just don't get what the whole thing is and why people advertise to sell for cash when they really don't want to. They want you to give it to them for almost nothing.

Yeah. Yeah. In order to make money on a flip, unfortunately, like with closing costs and then, you know, hold time, usually people don't pay straight cash. They leverage money or hard money. So there's quite a few, I guess, fees that accrue over time, and then you sell it and you pay the agent. So you really have to get it at quite a discount to even be profitable. So when they come in and make offers, they're hoping that they run into people who, you know, the house is very distressed and needs a lot of work so they can work in their fee and be profitable, if that makes sense. Yeah.

So yeah. Makes sense.

And I don't want to take any more of your time, but I guess the last question I have for you is, so you said, so it's a rental, but you're like, hey, if I'm going to sell it, I want to be out of it. I don't want to finance. I don't want to keep this as a— continue as a rental. Is that correct?

Uh, no, I don't want to finance. I'm not in— look, I don't want to— if I sell it, I'm going to sell it. I don't want to finance anybody else's. I had to finance that fourth Gotcha. Somebody has got some good credit, they should be able to get something close. I can't. I'm not— I don't want to do that. So that's not what I'm interested in either.

Of course, and I understand. Yeah, so there is one— sorry, there's one option that we have. I can run it by you if you're interested. I can tell you about it. Okay, so this—

no, no, no, no, no.

No, it's not. It's basically we would partner on putting on the market and flipping it together. Like for example, you said there's a Formica. I'm sure there's a couple other things that can be done, maybe update the floors just to make it more— what's the word— up to date. That's that way. Okay, hardwood floors. Well, that's, that's usually what we do to try and get sellers the most amount that they can get for the property. And we can make a piece, is we just kind of partner. We put on the market and we put up the money to do a couple of those little repairs so we can get maximum. So you don't have to put any money into it. It's basically we list it for you and, uh, in your behalf, and we put in a little bit more money to get a higher price. So that's, it's like a done-for-you white glove service. Um, it's called the Novation, but that's really the only other option that would get you the most we could do.

Oh, you mean that's the only offer that you guys have? Yeah, I'll pass. Yeah, I appreciate that. I appreciate it. So, and see, now I, I just say that I really shouldn't put my information on cash offers because when in fact it's not cash offers. No one except one company has given me an actual cash offer. Everyone has tried to give me alternative ways instead of just giving me the cash offer. You ask me what I want, you never counter, and it's kind of, you know, you just feel like, well, why, why do they put cash offer, top dollar, no lowball? That's exactly what I keep getting.

You just get a bunch of lowballs. Well, I do have a cash offer for you, but I'm not here to offend you and offer it to you and You already said you wouldn't take it less than, you know, $122,000. So there's— I didn't want to say it. I don't want to offend you.

Oh, okay. Okay. In that case. Yeah, for sure.

Yeah. Do you want me to tell you about the website that you can list it yourself if you want for $99,000?

I'm going to let John do it because John sold me the house. All right. And, and he was just, you know, he's a nice guy.

That's a good idea. Yeah.

All right.

Well, I appreciate it. Thank you, Laverne. I appreciate you.

Have a great day.

Thank you. You too. Great weekend for you.

Yeah, you too. Bye. Yo, yo. All right, guys. So give me some feedback on that call I just did. It was a couple of days ago, but anyway, look, that's not a motivated seller. That's, uh, if you guys think that's motivated and you're like, hey, you suck, I could have made this, I'm out of that deal. Look, that, that's how I qualify opportunities. I say, hey, what options have you looked, explored? Have you— can you list it? Can you keep it? Can you flip it? And then she's like, look, I don't gotta sell it. I ain't got to sell this mother— this, this house unless I want to, okay? I'm just trying to make as much as I can. And the everything that they've asked me in the past to see if I'm motivated, like, don't even bring that up. That's basically what she was saying, because initially her motivation was like her husband was going through some stuff, medical stuff, and she wanted to sell so she could take him, you know, some places. Now she's like, I ain't even trying to sell unless I get this. Now look, is that someone who I would, I would follow up with? Yeah, I'm gonna follow up with her, see if she actually even listed with John. Uh, but that's not someone I'm gonna be able to get and have like a solid conversation because she's not gonna like— either you got to take a cash offer, right? And it's got to be— her house is way worth way less than $122,000. It's her house ARV is like $130,000. So it needs to be like at like $80,000, like $80,000, $70,000. I don't care if the house is like in great condition. If you're going to buy for cash, you have all those, those costs and all that stuff. So to acquire, to resell, you need to get it for less. If we're going to do a novation, that would make sense, right? But, you know, I could have done a better job at pitching it, right? But she's already saying, hey, if I'm going to list, I'm going to go with John. Okay, so I'm not really pushing on that too much. And she's already like, hey, look, it's $500 a month. It's not killing me. I don't want to do creative. I want to be out of it if I'm going to sell it. So to me, that's a retail seller. But thanks to the questions that I'm able to ask through practice, I feel in my heart and like I can kind of feel like this is not someone that I normally would do a deal with. She's not— the motivation, the timeline, the need. It's not there. Okay. So anyway, hope you guys, that was helpful to see a call of someone. I did my best. That's how I do calls. Okay. And, you know, obviously it takes practice and getting better every day, but you've got to have these repetitions. You got to have these calls so you can get better. So anyway, everybody, this call has been on how to make money wholesaling real estate, and you have to be able to identify and qualify opportunities so you know you're not wasting time with sellers that are never going to sell to you or you're never going to be able to work with. It is so important. Again, like I told you when I first started, I wasted a year following up with this grandma. If I would have just said, hey, are you the decision maker? Is there someone else I can talk to that's going to help you make the decision? If I would have just asked that, a year later when her granddaughter or whatever got on the phone, I was like, quit talking to my grandma. It would have saved me a lot of time. But again, I didn't know. I didn't know how to have these— the right conversations to qualify people. There's steps to selling your home, right? It's not like you just immediately hop on the phone unless they've been beat up by 100 other wholesalers or investors, and you can just be like, yeah, I can do that price. Yeah, let's sign right now. But other than that, you got to take them through a solid process. So anyway, hope that helps everybody. This has been the Painless Flipping Secrets call. I'm here to help you guys succeed. If you guys want to learn more about how we can work with you and help you negotiate your own deals, or if you want to know how we can help you comp your deals, like we have a service where we We want to help you through the process. So if you're taking action, definitely check out the Painless Flipping Academy at painlessflipping.com. That's what our academy is for. It's obviously we teach you, we show you guys like the best way to go about it, like we're showing right now, but it's more implementation-based where it's like, hey, you know, you need help negotiating, comping, knowing if that deal's a deal. That was what I struggled with in the very beginning. I was like, man, I feel like this is something, but I don't know how to make it a deal. I need some advice. I need someone to look at it. I need someone to give me some options here of what to offer. That comes with time and knowing what to do, how to squeeze out as many deals as you can from the amount of leads that you get. But yeah, if there's no questions right now coming from the live, I got this guy Gabe Ortega. He's laughing. He probably thinks when I was on my call, he probably laughed because I'm I don't know, maybe he's having a good time. Maybe he's like, you suck at negotiating. Who knows? But anyway, hope everybody— hope this helps. And again, my greatest desire is for you guys to do more deals. That's why we're all in this. We're not in this just to, you know, have fun. Like, we can go have fun doing something else, right? This is a job. We're trying to help people and we're looking for these win-win scenarios. So hope that helps everybody. And check it out, paylessflipit.com. Check out Batch Leads. Peace out, everybody.