What’s up everyone? It’s Nathan Payne and I want to answer a question I’ve been getting a lot is how do you make money in real estate without selling houses? Let’s dive right into it. By the end of this video, you’re gonna know exactly how to make money without selling real estate, okay, is there a way to make money without doing it? Yes, there is.
On top of showing you ways to make money without having to sell real estate, I’m going to show you a way to make money without having to wholesale or be an agent, but you can still get money from connecting people with properties. I’m going to show you an in depth breakdown about how to do that, because that’s super important too. So I actually have an in depth breakdown that I want to show you the video that I’ve made in the past on how you can make money without having to wholesale a deal, or without even having to have your license. How can you make money off of not selling a deal, but just connecting people just connecting people and getting paid from an invoice, I’m going to show you exactly how to do it with the breakdown and what paperwork to use.
But before I get into that, I want to invite you to my masterclass that I’m doing this Thursday, it’s every Thursday, and it’s absolutely free, I show you exactly how to get in this business of wholesaling and doing real estate as a brand new noob. Without any money. I do deals without spending any money. And I want to show you exactly how to do so go to paynelesswholesaling.com and sign up. That’s all you got to do. So how do you make money without selling real estate in real estate? Well, there’s a lot of different ways when we wholesale properties, we make money because we see that the seller has left a lot of stuff behind in the house, we’re like, hey, this could be valuable, let’s throw it on Facebook marketplace or Craigslist, or KSL. here in Utah, we’ve made 1000s of dollars just selling stuff that sellers have left behind.
So that’s a way to make money without selling real estate, you can sell stuff that sellers have left behind, you can also provide services to those sellers that are like moving, you can help them move, you can make money in real estate without doing selling the property, you can remove them, you know, they paid hundreds of dollars to help you pack for you to pack them up and do that. So those are two ways that you can make money in real estate without having to sell real estate. 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 and 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 gonna be a $30,000 deal, and instead of wholesaling it to the buyer, I am just sending him an invoice. And he’s just gonna 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 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. But if you trust your end buyer and you do Payneless Wholesaling, reverse wholesaling, you can just have them sign the contract, it’s not a wholesale deal. It has nothing to do with wholesaling they’re just paying you a referral fee or marketing fee at close pretty simple title will take care of it. 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 saving on this deal for 6040 Split which is still cool because you know still make a good amount 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 the specific buyers in the 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 slip the guy’s name, and then I go to the item. So it’s going to be a referral fee 30k. And then we’re going to do 20k, close on Well, 3022 and then we’re doing 10k The remaining balance to get paid two months from glows 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. So 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 we’ll put a date.
So that’s pretty much it, we just put their information here, you send the invoice of how much and you’d 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 you’re 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 wanted 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 and 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 bachelor 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. So if you enjoyed this content and you want to see more please like subscribe, hit the bell icon. It really helps me out to grow this channel. And there’s way more videos go check out some of our other videos. If you have questions. My goal is to answer all of them. See you
