WIP 1076: 4 Ways to Find Novation Deals in Today's Market

Wholesaling Inc with Brent Daniels

Find distressed properties for pennies on the dollar and turn them for huge profits!

News, Wholesaling, Education, Houses, Make Money, Business News, Real Estate Agent, Business, Real Estate, How To, Cash Buyers, Entrepreneurship, Wholesale Houses, Entrepreneur

4.9 • 1.4K Ratings

🗓️ 7 November 2022

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If your struggling doing traditional wholesaling right now, Novations may be just what the doctor ordered.

And although cash buyers are being much more choosy about the deals they buy, retail buyers are still buying and regardless of the current circumstances, inventory is still at record lows.

To understand how novation deals in real estate work, there are multiple strategies at play here. In this episode, Todd will show you four ways to find smoking-hot novation deals, so you can continue to prosper in today's market. Savvy wholesalers know that novations is the way of the future and one of the most secure ways to win in the wholesaling business.

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Show notes:

(0:58) Beginning of today’s episode
(1:11) You have to generate leads. Leads are the lifeblood of your business
(2:04) On selling your property for top dollar and getting the highest price that you can get
(3:48) Four ways how to find people to do novation deals with
(5:23) Why right now is the perfect time to go back to your database
(6:34) Is targeting other wholesalers a smart approach? If so, where to find them?
(10:35) Never let resources stop you!
(10:47) How to make a boatload of cash with expired listings
(12:56) Go and negotiate on price or at a discount
(15:32) Get back to those leads at a furious pace

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Resources:

Novation Leads
Redfin
Check out No Limits Real Estate Investing
Want to learn more? Check out our TTP training program.
To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call with our team here.

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Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to wholesaling ink episode number
0:03.0	1,076.
0:05.0	Now, the second place that I'm going to tell you to target is other wholesalers.
0:12.0	Right? Right now, there are other wholesalers who are not as educated as you.
0:16.0	They don't listen to this podcast, they're not on the cutting edge.
0:18.0	And they have properties on a contract right now that they can't move.
0:21.0	I would go out and I would reach out to those wholesalers.
0:26.0	This is Game Changing Information, guaranteed to raise your real estate wholesaling business
0:31.0	with actionable steps you can take immediately to navigate the ins and outs of wholesaling
0:36.0	and start making money today.
0:39.0	Join us as we put our guests in the hot seat and dive deep to dissect their strategies for success
0:44.0	to enable you to duplicate their results.
0:47.0	You're listening to wholesaling ink.
0:49.0	The only show dedicated to making you a fortune in wholesaling.
0:55.0	This is Todd Tobak.
0:56.0	And today we're going to talk about four ways to find big, fat, juicy,
1:01.0	novation deals.
1:02.0	Now, remember in real estate wholesaling and even in novations,
1:05.0	there are only three steps to make money in real estate.
1:10.0	Number one, you have to generate leads.
1:12.0	This is the lifeblood of your business.
1:15.0	You have to find a seller with a problem so that you can meet them
	...

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