In this video, we’re going to show you how to get your first deal even if you are stranded in Alaska! Check this video to know more!
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Today guys, I got some super excited to tell you I just did a deal guys. And it took me a couple hours to do barely any time and I made 10k. So what I want to do is show you guys how I made the 10k. And not only that, guys, I was watching a video by Jerry Norton, okay, shout out to my man, Jerry Norton he was with Pace Morby. And they asked this question, they said, “What would you do if you’re dropped in the middle of nowhere and you had to get your first deal and you had no money? Like little to no money?”.
Alright, let’s do that scenario.
So I wanted to talk about that, guys. What would you do if you were dropped in the middle of nowhere, you have a cell phone? Maybe let’s say you got 200 bucks. Okay, and you got to get a deal. You got 30 days to get a deal. What are you going to do?
Well, that’s what I’m going to do today guys.
I’m going to show you what I would do to get my first deal and I’m going to tell you what Jerry said. But guys, I’m going to tie this in to how I just made 10k. Okay, I made 10k in about seven days took about five hours of my time I didn’t have to struggle with negotiating with sellers and you know, call a bunch of people get ghosted. There’s a better way to do this.
Alright guys, so let’s rerun this scenario I just made 10k took minimal effort, minimal time zero marketing dollars and didn’t have to spend any money. And again, I call this the “Payneless” Wholesaling Method. Alright, because wholesaling sometimes can be painful if you don’t do it the way real estate Nate does it.
Okay, so I’m going to show you. So Jerry Norton, again, that last video, he just did Pace and him were talking. Pace Morby, basically, you know, don’t quote me for this. But he basically said, “Jerry, what would you do if you got dropped off in an area with you just a cell phone, little to no money?”.
And their scenario said no money, but my scenario I’m saying 200 bucks, okay, because you need something. Well, actually, you don’t need anything, but then the sooner we’re gonna say 200 bucks. So you get dropped off in the middle of nowhere. You need to get a deal in 30 days, you gotta get a deal in 30 days or something bad’s gonna happen to your family. Okay, you got to get it done. All right. And that’s the scenario that maybe a lot of you people are in the market shifting, you probably need to make some money. So like I said, I just made 10k.
Very simple, wasn’t hard using the “Payneless” Wholesaling Method. So let’s dive into this scenario. In this scenario that Pace Morby and Jerry Norton said, they said Alaska, they were like, “if you get dropped off in Alaska, what would you do? Now?”. This is what Jerry Norton said. He said “If you go to Redfin, there’s a strategy where you can type in fixer upper, and you can, you know, start getting email notifications of fixer uppers that come on to the market.”
Okay, so that’s good. I think that’s a good strategy. But no hate on Jerry, you know, if he watches this, I don’t want to think I’m calling them out. I don’t think that’s the first step you need to do when you’re trying to find a deal.
Number one, because you don’t know what people are buying in Alaska, you have no idea you don’t know if people want multifamily. You don’t know if there’s even investors in the area you just don’t know. So if you’re going to do that, that’s a complete waste of your time, you’re just going to start calling agents making offers, you don’t even know what people want. And that’s the whole thing behind the “Payneless” wholesaling method is you guys are all going out there and I did it too.
You guys are trying to lock up deals you don’t even know people want them. You might not even know what buyers are buying right now. Right now the market shifted how many buyers are actually buying and what percent are they buying it? And are they ready to pull the trigger right now?. That’s how I’m making money right now I have the greatest relationships with my buyers, I can call them right now. And I can ask them “Hey, what area do you want? What are you looking for? I’m gonna go find it for you.” And I’m going to show you why that’s the first step.
If you’re dropped off in an area you do not want to just start making random offers guessing that you have a deal you got to find out what people want and then you gotta go find us the fastest way and the best way to do it. Now there’s about 10-12 different strategies on finding buyers. But I’m going to show you in this scenario what batch leads can do for you so let’s say you got 200 bucks go get batch leads and I’m going to show you in Alaska how batchleads can help you find a buyer and let’s see if I can find a you know a buyer out there.
Okay, let’s do it. So first thing I’m gonna do is I’m gonna go to property search.
Okay, let’s go and see what’s going on in Alaska and let’s just say it’s Anchorage Alaska so let’s go let’s try and find Anchorage there it is.
Okay, so guys just looking at batchleads right now this is what sold, you know what’s for sale?
So let’s go here and let’s do some filtering to see what buyers are in the area to cash buyers because that’s who’s gonna pay you the fastest so we’re gonna go to cash buyers owner type all cash any okay a purchase date look um you know, I don’t know how much information they have in Alaska let’s see how much have they got for last 12 months okay purchase amount don’t really care number of properties own don’t care it’s good properties are the mailing address are the same.
Yeah, let’s do that. Because that’s usually if someone pays cash and they have the same mailing address and the property address They usually live there they just happen to pay cash. Okay, let’s see how many we got. Wow, No way 2023 cash sales within the last year. That sounds crazy. That sounds like a lot when you do cash buyer usually can see properties that have been flipped. You know, Anchorage just got something going on. Okay, this is a house that’s been flipped. It looks like they did a good job, but it looks like it’s lived in.
So okay, this is the next thing now that you’ve done this process everybody you’ve seen, okay, what properties have been cash buyers have bought and flip. Alright, so what you do is you call the real estate agent that has represented this. So I’m going to call the agent and say act like I just got dropped off in Alaska in this scenario.
Okay, that one looks newer. Let’s check it out. Let’s call that agent right now. Michelle Webb.
Nathan: Alright, Michelle. Ooh, you know, she’s gonna answer she stays by that phone locked in. She’s trying to get that listing. Let’s go.
Agent (Michelle)” This Michelle.
Nathan: We got her. Hey, Michelle, how you doing? My name is Nathan, I just was calling you because I see that you’re an agent in the Anchorage, Alaska area?
Michelle: Yes. Yeah.
Natha: Do you have a couple of minutes that we could chat? Or are you busy?
Michelle: What are you calling regarding?
Nathan: You know, I’m an investor and I’m looking to do some flips in the Anchorage area. So I was just wondering if you know, I could chat with you about the area just because I’m looking.
Michelle: Sure. Are you from Anchorage?
Nathan: I’m not. I’m actually from Utah. But you know, I’m pretty interested in the market out there. And, you know, like I said, just wanted to kind of pick someone’s brain out there.
Michelle: We don’t really have a flip market in Alaska. Our market is super tight. We don’t really have a range that is affordable for flipping. And our housing market in the inventory is very low. Okay. So kind of regardless of condition, they go very fast.
Nathan: Really. Okay. So because sometimes this is what I do, I mainly work in Utah, but I’m just kind of trying to expand out so I market to areas to home sellers. And then I ask them, you know, see if I can buy their property, but you’re saying out there in Anchorage don’t really need even rehab a property, you just need to get one at a somewhat of a good deal, and then you can sell it.
Michelle: Yup, there’s no flip market here.
Nathan: Well, that’s great news
Michelle: Because that was foreclosures. We just don’t have that kind of market here.
Nathan: Okay. Well, it sounds like to me from our commerce, short conversation, if I find a property, you know, through my marketing, whether I send out mailers or just start calling some people that have like a lot of equity in their property, if I find something, then I can just maybe get it at a discount resell it.
Michelle: No, there’s no discount. That’s what I’m trying to tell you. There’s no discount to be purchased there multiple offers on all property.
Nathan: Oh, I’m referring to like if I specifically market to sellers, like not that aren’t listed, like if I, you know, sent out some mailer saying I want to buy some properties in Alaska, that people directly.
Michelle: Oh, yeah, that would be very, very tough. I don’t know if it went successfully doing that. But I guess good luck to you. It’s just that’s just not the kind of market we have here.
Nathan: Well, I really appreciate that advice. Because I again, I was gonna start marketing and looking for properties. But it sounds like it’s pretty, pretty tight market up there from what you’re saying, Well, hey, if I ever have anything that I buy, and I need to, you know, I do get from a seller off mark, and I want to list it, would you be able to help me out and be an agent I work with?
Michelle: Let me see if I can help you.
Nathan: Is there any other advice you can give me when it comes to that market? And you know, trying to flip properties? Or you know, buy properties? It’s somewhat of a discount and sell them later?
Michelle: Yeah, you know, I don’t know that. I have much advice as other than you know it. I haven’t seen anyone do it successfully here in Anchorage, it’s not like we’re we have huge bit of inventory like you would in a big metropolitan city. It’s just not that kind of thing. And there are some private investors that do buy homes that are in rough shape and flip them. Okay. Those are few and far between. And typically they are working directly with the private market.
Nathan: Do you by chance, like if I bought a property that I was going to I got a distressed property? I didn’t want to buy it. Do you by chance have relationships with those investors that maybe I could wholesale? One, two, or sell one two that you could connect me with?
Michelle: Yeah, possibly. Okay.
Is there a big rental market there too? Or is it is it just is that not a thing? Either?
Michelle: No, we have a healthy rental market. Yep. And healthy rental market
Nathan: Okay, well, this is what I do. I mean, I’m going to start marketing out there, I’m going to maybe start texting or you know, reaching out to some sellers that are on my list. And if I find something, it’s not the right fit for me, I’ll call you and maybe you can connect me to one of those investors out there that likes to flip because I don’t want to start flipping out there from what you’ve told me.
Michelle: Yeah, absolutely.
Nathan: Well, hey, I really appreciate your time. Sorry. I know this is a weird call. I mean, I’m from my phone numbers from Georgia. But you know, I invest all over the United States. So I was just looking to Anchorage because it looked interesting. My wife likes it. Uh, you know, she loves it up there. So yeah, it’s a cool place. Okay. All right, Michelle. Well, I appreciate your time and thanks for taking my call.
So what we’ve learned is that the anchorage market is very not a lot of inventory, pretty much anything that hits the market will go so this market shift, apparently from what she said hasn’t really affected anchorage him and there seems to be some good properties that go on there are a couple of investors so the good thing about me not just starting to make offers on properties already is the fact that maybe I would have just wasted my time but now I know from talking to her that she has a couple investors.
Okay, so this is what I’m going to do this is why it’s important to call someone and have relationships first is now that I’m in Anchorage, what do you think I’m going to do? Okay, I’m going to look for a property and I’m going to show you one way to do it. You look for a property and what I’m going to do is I’m going to call her once I get under contract and say, “Hey, look, I ran the comps. This is not something that I want to buy. Can you connect me to one of your investors like we just talked about now?”
She will tell me “Nate, you got a deal. Let’s freakin do it. I’m trying to make some money.” Or she will say “Nate, you do not have a deal. Go back to work.” So now I have a point of contact. I don’t have to guess what a deal is in Anchorage, Alaska.
I can go to my girl Michelle, she’s gonna help me out. Let’s take this a step further. I could have asked some better questions. I could have said what part of Anchorage is the best? Like what neighborhood or I could have said three twos? Do people want three twos there? Do they want like what are they specifically wanting? And then well I would have done is I would have gone back and specifically marketed to that.
So she said, “You know what, Nate? This is the best area to get deals in Anchorage Alaska. Abbott Loop is fire. If you can get a deal on Abbott Loop is gone in seconds. People even overpay let’s say that now you’re an Abbot loop. You’re in Anchorage and she’s like, “Yo, Nate if you can get a deal and Abbott loop is fire.”
Okay, so what I’m gonna do Anchorage is pretty nice. I’m going to virtually drive for dollars. Now. I’m going to look for properties that looks somewhat distressed in this area, and I might have picked the wrong neighborhood. I’m an Abbott loop. I think I spoke too soon everybody hold on. I was gonna say that maybe there’s not anything crappy on Abbott Loop. Whoa, look at that.
That’s completely different. Then the whole neighborhood this is The Old Man hold now. He’s like, “I ain’t selling. You can’t pry this house out of my hands I in my cold dead hands.” That thing is a piece. So what do you think the first thing I’m doing is I’m going to add this to my list of um, we actually create a new list. We’re going to call it Anchorage, Dr. D for D and we’re going to go to where are we at driving for dollars.
So we’re going to say that this is just a demo. I’m actually not going to try to invest in Anchorage because I’m not dropped off in there. But that would be a property that we would do okay, and then what I would do next is I would skip trace it not call it I would text it I would email and I know specifically like this is the hot area. I know Michelle, if I get into a good deal she’s gonna link me up with a buyer I didn’t have to spend 1000s and 1000s of dollars to you know text cold call you know skip trace a bunch of lists that is a way to do it on a budget and if you have little to no money okay and guys let me tell you I use batch leads it’s because like I’ve showed you before driving for dollars is money you can do campaigns you can text and mail out of them all within the same platform you can skip trace you can pull lists it’s all pretty freakin easy to do within within here.
Okay dropped in Anchorage Alaska you go find Abbott loop the place it’s been kind of hard for us to fine you can go to boundary you can say hey, this dope is area and Alaska. Everybody wants a three two here, you know, so I gotta find at least anything above a three two and then you have all the different filters you can apply it so there you go. You select All You take all these you add it to the list, you skip trace it and now instead of calling just random people you know what buyers want you as soon as you find some you call Michelle shillings share with a buyer you got a deal in less than 30 days.
Okay, now let me tell you guys some what I’m telling you is true. You think I’m BS and you I’m not BSing you like this is the way to do real estate. Even if you have a fat team, like you have a tons of guys like obviously, you produce a lot of leads. But this is the most efficient way. It’s the most painless way. That’s why we call it the “Payneless” wholesaling method, you talk to a couple cash buyers, and you find out exactly they want then you find what they want. Because if you open your marketing to this whole city, the chances of you getting a deal.
Sure it’s good, but it’s going to take a lot more effort. It’s going to take a lot more time. And you guys probably think you know, like Nate, you don’t know what you’re talking about, bro. That’s not the right way to do it. Whatever. If you don’t want to do that way. You don’t have to. I work pretty much a couple hours a week in the real estate business doing deals. And that’s how you do it. So if you don’t believe me that this works, I’m gonna prove you wrong right now. I’m telling you guys like, Hey, this is legit. This is real. Okay, so check this out.
The Payneless wholesaling method is because of this right here. Right here. 10k. I made 10k in a couple hours last week. And if I was dropped off in Anchorage, I know I could do a deal in less than 30 days.
Okay, maybe we can do that. Maybe one day we can just say Nate, do it. Okay, but I got a lot of things going on. And I really want to prove that. I know I could do it though. Because I would call the agents I get tight with them and find out what they want. And I negotiate a deal with the seller, I’d find a deal. And if you guys are interested in how to find more deals than just using batch. There’s tons more ways that are just as good in my opinion. There we go. Let’s get everybody. Talk to you soon. All right. Have a good one, everybody.