Nathan Payne explains wholesaling: finding undervalued properties and selling the purchase rights to investors. He talks to a stranger about sourcing deals on the MLS and how networking in everyday settings can uncover real estate opportunities.
Yo, so we're just out here on the streets networking and I ran into a guy that's building this house and he's flipping it. Hey, you can network with anyone. Pretty crazy, huh? The owner here? Awesome, man. So I do— do you know what wholesaling is? Like, okay, so what I do is I mainly look for opportunities and I sell them to guys like you, man. Have you ever bought a house from a wholesaler?
Yeah, usually they're too much, man, for me. They are, right?
Yeah, they're too tight. So do you find your own deals? I try to on the MLS, but even then, man, like this one— Do you actually mind if we record? 'cause this is actually a good conversation to have. If not, it's cool.
Yeah, man, let me grab my hat. Yeah, go get your hat, man, let's talk.
That's awesome. It's crazy how you can just network anywhere you go. Woof, woof, woof, woof.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
