What’s going on everybody? Welcome, guys, I am coming to you live from Canada. And I had to do this video because I think this is a video that will help everybody succeed. Now what I want to talk to you guys today about is something that’s going to help you do more deals. All right. And another thing just to let you guys know this is the batch call. And if you guys do not know what batch leads is batch leads is a software and a service that I use to get deals to do driving for dollars basically helped me do more deals in real estate. Now I’m going to show you guys a little bit later on in this call what batch leads is, but I want to talk to you guys today about how do you make money on a real estate deal. If you do not wholesale it, a lot of you probably are wondering like, hey, if do I only have to wholesale deals? Can I get paid without having to assign my contract my buyer? And the answer is well, you got to stay tuned. All right, because that’s why I’m making this video
I’m excited to talk to you guys about this because some of you just only think wholesaling is the only way to get paid. All right. By the end of this video, you’re going to know exactly what wholesaling is how to work out getting paid. If you do not assign a deal why you wouldn’t assign a deal. Like why is that even an option for you? Okay, and how to fill out an invoice. Now let’s talk about this situation. If you’re new to wholesaling, what wholesaling is, is you have a contract with the seller, you specifically signed an agreement with the seller to buy their house, and then you assign your rights to that contract to another buyer for a fee. So if I have a house for 100,000, that I’m willing to buy. And I know John is willing to pay a 120, I can assign my contract to him for assignment fee, and then I can get paid at closing. Now, sometimes you don’t have to do this. And I don’t do this all the time, I actually get paid from buyers through invoices, okay, where you don’t even have to assign it. And the reason you do this is because you’re tight with the buyer. And you just say hey, look, I can assign it to you, or you can just pay me cut me a check or pay me through invoice at closing. And you can have sign an invoice with your buyer and send it to the title company in the title company will make sure you get paid at close. So I’m going to show you guys how to do this. And you really do this when you trust your buyer. And that’s what we’re doing, I have this deal right now it’s going to be a $30,000 deal. And instead of wholesaling it to the buyer, I am just sending him an invoice. And he’s just going to pay it out at close and I’m going to show you how to do it again.
That’s why I teach reverse wholesaling, Payneless Wholesaling, because you don’t have to sign all your deals, you don’t have to wholesale everything, you can just go ahead and sign this contract with the seller, I don’t care. Just make sure you pay me and I trust you and let’s get it done. And we’ll sign this invoice and you know, you get it done. And why would you do that? You’re probably wondering, okay, why would I not just assign it to them? Well, sometimes the seller wants to just work directly within buyer and you’ve been straight about and you’re like, Hey, I’m not gonna buy your house, but I have someone that will and you have them sign the contract and they close and they just pay you out. I’ve done this on multiple deals where I just get paid a referral fee, or they call it a marketing fee, and you just write an invoice. So that’s pretty much it, guys. So I’m going to show you exactly how to do it. But again, I want to answer the question that you do not need to wholesale every deal in order to get paid on real estate transactions. The reason why you do wholesale deals is because you have the contract and you sign it you stay in it legally like you’re locked in.
Let me show you how to do it. And before I show you guys how to do it, let’s go into batch because this is the batch call. Now guys, this deal I was able to get in Utah. And at first I was looking for buyers on batch, but actually found this buyer through networking with one of my buddies who had a buyer that for the deal. So I’m actually J being on this deal for 6040 split, which is still cool because you know still make a good amount of my friend makes a good amount. So on batch just to show you guys if you do not have a buyer, you can reach out to me, I help people find buyers. But if you want to just find your own buyer using batch simple as going marking the area and then going to the pre filter cash buyers, and then reaching out to people in this specific buyers and specific area that you need to find the deal you can reach out to the agent or you can skip trace the owner and talk to them but batch leads is huge. And that’s why I use it all the time to find buyers. But right now guys, I’m going to show you guys how to get paid on a real estate transaction that you did not wholesale. Again, you do not have to wholesale Alright, so let’s go right here.
So how do you fill out an invoice to get paid? Alright, it’s pretty simple. You can just go to Google and go to invoice and get like a little form and fill out. I have PayPal. So it’s really easy. I just go to create go to home and then I go to where it says invoicing and I create an invoice and I put a new customer slit the guy’s name and then I go to the item so it’s going to be referral fee 30k And then we’re going to do 20k At load on Well, 3022 and then we’re doing 10k, the remaining balance to pay two months from blows, or when Jason refinances So pretty simple, nothing crazy on it due date, I’m going to put specific date the 30th for the 20k. And then it states that the remaining balance of 10k to get paid two months from closing or when Jason refinances so then you go, here you go download PDF, so that’s what it looked like, you download it, then you go to your PDF, your panda doc, just pretty simple. And again, I send this to the buyer to sign once he signs it, and I sign it, I send it to the title company. And then once the deal closes, the title company will wire me the money.
Pretty simple. I’ve done it before. And again, when would you do this when, you know, you don’t want to wholesale a deal you just want to give to your buyer for him to sign and you trust them. You know, that’s the importance of having great relationships with cash buyers is when you’ve done multiple deals, you trust them, and you want to work with them, instead of you signing and wholesaling it, you just have them pay you invoice anyway, I would just go down here under Text, and I would put signature and then put date. So that’s pretty much it, we just put their information here, you send the invoice of how much and you have both parties sign it, you send it to the title company. So then you would just go here to Gmail, once it’s signed, you would say what title company are you closing at, and they’d say, I’m closing at GT title, for example. So you would go to GT title and you would say a here is the invoice signed by both parties, here’s my wiring instructions, if you could pay me a close, it’s as simple as that. And that’s what I want to let you guys know. So again, if you have a deal and you don’t want to assign it or you can’t wholesale it for some reason the seller won’t sign then if you have a buyer that you’re super tight with and you trust to say that’s fine. And you would send the buyer an invoice that they can sign in it can get done at close and title or he can just pay you give you a check. I mean it’s not that big of a deal.
Again, the reason why people Wholesale is just they want to hold the contract they want to control it and feel safe. So batch leads again is the truth and it’s awesome because most of the buyers that I find are from batch leads or skip trace from batch leads. So if you guys are struggling to find buyers use batch leads if you’re still struggling hit me up I can definitely help you out. But when you do come across having a deal that maybe you can’t wholesale for some reason you just want to you know have a buyer take over and they can pay you out they can pay you through an invoice and that’s the purpose of what I’m showing you is you need great relationships with your buyers and that’s what I teach is reverse wholesaling, Payneless Wholesaling, having great relationships so you don’t have to always wholesale you can get paid out in invoices and you don’t have to worry about all that legal stuff all right, they can just straight pay you so everybody have a great rest of the week and get ready for the next year because we’re going to crush it absolutely crush it. It’s going to be a great year. Alright everybody peace out
