Is My Story Time, and how, in this part of the story, if you’ve been following me, my journey on the wholesaling story time, I went from, you know, my first six months making $96,000 to blowing it all on marketing, and then start having $0 again, okay? And where we’re out in the journey is, I don’t have any money, but I believe in this. I’ve already done $96,000 in deals like, what do I do now? And I’m going to answer the question, guys, of, how do you start wholesaling real estate with $0 okay, what did I do after making 96,000 paying myself, paying marketing, blowing money? What did I do to restart with no money. I started with $0 twice. I started $0 I first started and then I blew it, and had to start over again after like, six, seven months of doing this. So that’s what my promise is, to use. You’re going to save time, effort and a lot of pain by listening to this story. And the plan is I’m going to break down not only what I did back in the day when I lost all my money to get that money, which I don’t recommend doing, but I’m going to show you what I did. In case you want to do it. I don’t recommend it, but you can do it and what I would do now.
Okay, so that’s the plan for today’s call guys on the Nathan Payne wholesaling real estate store time is, what did I do back then? What did I do now? Why wouldn’t I do what I did back then? It was very, very risky. I don’t recommend it, but I’m going to show you guys all today. So let me start with my story and telling you what I did and what happened, and so then I’ll show you how I did it, and then what I would do now to start doing deals with no money, $0 okay, but before we get started, if you’re watching this live, give me a shout out where you’re watching it’s I like to network. I like to see where my people are coming from, and I gotta get my I’m sponsored, not officially, but I I’m sponsored by Kirkland. I love Costco. I’m gonna work there one day. Once I retire, just for fun, I gotta drink some so I don’t get up. You know, parch, okay, all right, guys, so where, where we’re on this journey. Made $96,000 plus in my first six months, blew it all. Now me and Corey, my business partner back in the day, are sitting in his apartment, and we’re like, Dude, we ain’t got any money. Like, what are we gonna do? And we took the leap. Okay, this is not a leap that I recommend for a lot of people, but we took the leap of faith, and we got 0% interest credit cards. We went to Capital One, and we went to American Express, and we got $30,000 of Interest Free Credit cards for a year. And we’re like, we’re gonna put $30,000 of marketing on these cards, and we’re going to get a freaking deal. That’s what we’re going to do. I don’t care. I believe in myself, and that’s what we did. So we applied. We got 0% interest credit cards, 30,000 we hired virtual two virtual assistant cold callers from the Philippines.
We started driving for dollars, and we called absentee owner lists in Utah, and we started doing Google Pay per click. Okay, those are the three forms of marketing that we spent $30,000 on. Now this story, it goes further, because we did several deals later on from that marketing. But let me just kind of explain what transpired quickly from that. So we put the money, we got the Google Ads going, we started driving for dollars, and we got our virtual assistants. We hired a guy named Brian and Principe from the Philippines. Brian was a cool guy, both, both great guys. And the funny thing was, when we hired these virtual assistants, like, we just gave him the dialer, and we’re like, Here are these lists. These are we’ve been driving. Go ahead, just set up appointments and be leads managers. And that means, like, they would call find out that people want to sell. And Brian, you know, he would be calling, and Prince, they’d be calling. They got us a couple leads. And from those leads. It took maybe about 30 days from starting from nothing, just giving them the leads to having some good opportunities that were about to close. We got a deal from this guy named JJ. It was a $12,000 wholesale fee, and he just had a rental and he was like, Yeah, I’ll sell it.
And there was this other guy that we did that owned a landscaping company that it was an $8,000 deal. And the interesting thing about that one is we didn’t really have a good buy. Still, we didn’t really focus on buyers. We were just focusing on getting deals. So we actually leveraged another wholesaling company to JV the deal, and they found us a buyer so quickly, I don’t want to say quickly, but we were able to get you two deals from that going all in on that marketing expense and getting and putting all the. Money on those credit cards. Okay? Now we later found out that Brian, he was like sleeping half the time on the dialer. Even though he had gotten us that deal, he was sleeping a lot. We would check his screen, because we had a service that you could take screenshots of your virtual assistants screens. We don’t really do that anymore, because we trust them, people we hire, but we would take screenshots of them working. And we found out that Brian was just playing video games the whole time I was just calling just calling, which is whatever, if he’s calling, cold calling in the Philippines at like, midnight or whatever time it was, it’s okay to play vegans. But eventually he just would call people, and they would be like, hello, hello, hello. And then five seconds, six seconds. I know there’s a lag with the Mojo dialer, but he would just hang up on people. So eventually we had to get rid of Brian.
We’re like, Brian, bro, you ain’t even working. You playing video games and you’re sleeping. You gotta go, man. And he was cool with that. Was he cool with that? I don’t know, but we had to let him go. Prince stayed with us for a while, but that’s what happened, guys. When we were at $0 we had to start all over. We rolled the dice and we bet it on ourselves, and we put $30,000 in marketing spend on a credit card. We said, Hey, we’re gonna figure this thing out. And luckily, like, about a month, we were able to get those two deals, one for 8k another 12. So that was 20k so we were still in the hole 10. And there’s another story that I’m gonna leave for next time, because I’m I told you, I promised you guys that I would show you exactly how I started, how I got that credit cards, the 0% interest credit cards, and then I’m gonna show you what. I wouldn’t recommend doing it again now, but I’m going to show you, in case you want it. You want to try. I think it’s important to have credit cards if you’re running a business. So I’m going to show you, and then I’m going to show you what I would do now, okay, because I wouldn’t take all that gamble and just gamble everything on 30k I wouldn’t do that right now, especially if you’re brand new. I had experience. I had done several deals at that point, but anyway, where we’re at right now is we did a couple deals, and then later from Google. We actually ended up doing like, another 20k deal, and then another $80,000 deal from Google. Okay, so Google was cool. It was expensive, but it definitely was a return on the investment. And the driving for dollars is cheap. It just takes your time. And we did another $44,000 deal later from driving for dollars, so we started cranking. So that was good, that we believed in ourselves, and it worked out. But I’m going to tell those specific stories from the guy that we made, like, 80k It was an 80k wholesale fee that we split with another wholesaler.
I’m going to tell that story next time. It’s a pretty crazy story. The guy we had to close with in like, two two days because he said he was inheriting like, a million dollars from his, like, a rich uncle in Texas. And he if he didn’t get out there, he was not going to inherit the money anyway. We’re going to leave that for to leave that for another time. Let me show you guys exactly on my screen how to get Interest Free Credit Cards. This is what we did. Now, again, I wouldn’t recommend doing this, but I’m going to show you. I’m going to show you how you do it. So hey guys, if you are wondering how to get into real estate, or how to get started in wholesaling real estate with no money. This is exactly what I did when I first started. I got Interest Free Credit Cards. I put all my marketing dollars on these Interest Free Credit Cards. Now that’s not something I recommend doing immediately when you first get started, but I’m going to show you guys how to do it, just because it is important to have Interest Free Credit cards that you you use so you’re not paying interest on money because you do have expenses, as in a business. So I’m going to show you, that’s what I did when I first started. So with $0 I’m not going to say zero, because obviously you needed to pay the minimum balance on it until you paid it off, but that’s what I did when I first started. Okay, I got Interest Free Credit Cards.
I put some marketing dollars on that. Now I don’t think again, you should do that immediately when you first get started. There’s a lot of better strategies that require no money, no risk, no credit cards. But let me show you right now what I did in order to get Interest Free Credit Cards going. And after that, I’ll show you the real deal of what I would do to get started in real estate investing with no money. But let’s dive right in. Let me show you right here. So all I did is I typed in interest free, Interest Free Credit Cards in Google, and then you can find on a lot of these websites, like the best credit cards to use back in the day, like when I did this, when I first started, like five years ago, like the best credit card was, like a Capital One, one, and most of them will do 0% interest for a year.
So you guys can just see right here, and then you can apply for what cards you want, and then you can see 0% APR for 15 months. So that means, like, if you put $20,000 on this card, that means that you can pay the minimum balance on it until you get you make your investment back. And it can be a little bit of risky, that’s why I don’t recommend doing it. But another service we use is fund and grow. If you’ve ever heard of fund and grow, we actually signed up for them. We paid them like $5,000 I think it was like 3000 at the time. And they actually were able to get us over $100,000 in business credit that was 0% interest. That’s one thing we did after we got the personal credit cards in our own names. You know, we ended up grading with going with funding growth. If you’re wondering, how the heck do I get started in real estate investing with no money? But I want to spend money on marketing. Well, the cheapest way to do it. There’s still risk involved. But is there a percent interest credit cards, and you make the minimum payments until you can pay yourself back? Now, is that the best idea? No. Now it worked for me. When I put $30,000 on credit cards, I was able to get a return, and I made like, 120,000
within a couple months. So it worked for me. Okay, okay, but that’s just not always how it works for for everybody, okay, but what I do now, this is what I teach everybody, and this is, this is actually how I do deals going forward. And I’ve done several deals well, I’ve done millions of dollars in transactions, but this is the best way to do it, if you’re a beginner and you don’t want any risk. So right here in the painless living Academy, obviously the the best way, in my opinion, to do deals that require little of the no risk is obviously, you got to pick your market. You got to pick a market that you want to work in. And you can find deals guys. You can find deals on so many platforms. There’s so many, so many platforms right now that need to sell their deals. There’s wholesaling, brokerages that are professional wholesalers that have deals that you can look at. There’s investor that, there’s Sunday, there’s Keely, there’s so many. The list goes on and on. And there’s a link that I have in here to more platforms, Facebook groups. Have them. You can join tons of different Facebook groups. And I actually like to look at this stuff through like a little mind map.
So I created a mind map that shows exactly the step by step process of how to find deals with no money. Okay, so like I said, after kind of getting your your KPIs and understanding what activities you need to do here, and the expectations like, because obviously we coach this and teach it to people, you would go and find online platforms. Okay? So investor lift is an example, properties that are for sale right now. And I call the wholesaler, I call the person that has the deal, the agent or the wholesaler, and I say, Hey, Do you by chance have a deal like I see that you have a deal that’s for sale? Do you by chance work with other investors, like wholesalers and JV on deals? And 99.9% of time, they’ll say yes, because they want to sell their deal. They want it. They want help, right? And you can just say, hey, I’ll just throw my fee on top. So what we do is we reach out to these platforms that have deals, and then we analyze the deal, we call the wholesaler, if you haven’t already built a relationship with them, and you start finding buyers for those deals. You either have the buyers or you can go find them on privy. You can find them on batch leads. You can find them on Zillow. There’s so many different ways to find buyers, like a sniper. Okay, so let me just give you an example, right here, everybody. If I was like, Man, I don’t have any money, but I want to do a deal. Let’s say I’m in the Florida market. Okay, I gotta log in, apparently.
Let me log in. So if I’m in the Florida market, well, actually, just go to Utah. Let’s just go to Utah right here. So if I’m in Utah and I’m like, well, there’s this house, let’s go this one, 438, there’s this house for sale right now. It looks like it needs some work. I potentially have buyers that would be interested in buying in this part of Weber County. I can call my girl right here, Abby, and say, Hey, Abby, I was calling because I think I have a buyer that might be interested in this property. Do you mind if I run this by my my buyers to see if they’d be interested? She’s going to say, yes, obviously, if you navigate the conversation and you’re decent at talking to people, she’s gonna be like, yeah, why not running by your buyers? You have that conversation, and then you go find buyers for those deals. Okay? And you can find buyers for those deals, like I said, by going on batch leads. Privy Zillow, I have buyers lists in Utah. There’s so many ways, but really, you just find an opportunity and you analyze it. I’m assuming this is a deal. I’m not breaking deals down with you on this call. I’m just saying you would just find a property of someone that already wants to sell. You’re not making a brand new opportunity. You’re not having to go find one and pay for leads or anything.
You’re just going to someone and saying, Hey, I think I might have a buyer. You bring the buyer that’s willing to pay more than their asking price, and if they want 438 you give it to your buyer at 445 and you’ve just made, what is that? $7,000 that’s how you do it. Now, the fact that they’re asking four to 38 and the ARV is 500 that’s not a deal at all. So I would be interested to call her and be like, hey, you know, just from your numbers, it doesn’t look like there’s a giant spread. Can you give me a little bit more information? But investor lift is just one example. And I’m not telling you guys to like, go around this girl or anything like sketchy note. I would call her and say, Hey, can I bring a buyer deal? We do that all the time. We do this with real estate agents. We do this with wholesalers, and we work with sellers directly. But this is absolutely free. This platform is free. There’s tons of free platforms, like right here, if you just go to prospecting, I actually keep a tab of all the platforms right now that have deals that are free. Like this is another service out there that has deals for free Orlando. Look at all these deals. These are wholesale deals where they’re, like, trying to sell them.
And you can go in there and you can be like, Oh, well, I think I can go find a buyer for this deal. Let me go call and it has all the information. It’s got pictures. So you’re basically your own dispo company for deals that are already for sale. I think that’s if I were to start over again. That’s what I would do. I would start wholesaling deals that are already available to wholesale, you know, but you call the people that have them. You’re not just doing this randomly because you don’t want to work a deal that’s potentially not going available once you know, once you’ve doing all your work, you’re like, I found a buyer. And they’re like, yeah, it’s already sold. You want to have the connection with the wholesale, with the agent that has that deal. So anyway, that’s exactly what I would do. If I had to start with $0 as a brand new wholesaler. I would work deals that are already for sale. Versus when I started back in the day, I had to put. $30,000 on a credit card. I had to roll that dice, and if I didn’t get a deal, I would be $30,000 in debt. With this strategy, you’re not in debt at all. So that’s the painless way. That’s what I show you guys in my school community. I don’t know if I talked about that, but it’s a painless flipping Academy. If you want to go to pants flipping.com you can join it.
There’s a 15 day free trial where you can get your money back if you don’t like it. Just started it, and it’s exciting to have something like that. So anyway, I thought it’d be really good to explain to you guys how to get started wholesaling real estate with no money. And again, if you don’t know who I am, my name is Nathan Payne. I’ve been doing this for several years now, and I like to teach people what’s going on and what works. Because when I first started like I told you guys, I ran out of money twice. I freaking made 96k went down to zero. Had to do it again, and I rolled the dice. And if it didn’t work, I would be in debt. So now there’s a better way. I like to show people that in this call that I just showed you guys, that’s what it’s all about. So watch this. Hope that was helpful. Hope this helps you guys succeed. Because my goal again, is to help you guys do more deals, and love to do more deals with you as well. So everybody, have a great rest of your day. And I hope leave me a comment if you’re like, hey, this has been great. And join me at the painless flipping Academy. At painless flipping.com if you guys love this stuff, I’d love to teach you more and help you guys get more deals. Peace out. Have a good one. Everybody. Hey, everybody, what’s up? It’s Nathan Payne, and for the first time ever. We just released this insane training bundle that has literally everything that I’ve learned from doing a combined 4000 deals in real estate, all from starting with absolutely no previous business background experience or any real estate experience, plus there’s over $19,000 worth of free gifts that we’re throwing in, all for an insanely low, low price. If you want to get your hands on this, be sure to click the first link on the description below right now.
