WIP 1182: My Favorite Marketing Channel Right Now
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 4 April 2023
⏱️ 15 minutes
🧾️ Download transcript
Summary
If you're a real estate investor looking to revamp your marketing strategy and land great deals, then Todd Toback has a treat for you. In this episode, he explains why novation can be a highly effective marketing tactic many investors overlook. Despite being underutilized, a novation can often yield massive profits compared to traditional methods of wholesaling, making novations Todd's current favorite real estate investing strategy to use. Learn why the novations approach should be in your real estate investing toolkit.
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Show notes:
- (0:56) Beginning of today's episode
- (2:36) Why you need to choose one marketing channel and go "all-in"
- (4:35) How to generate bigger spreads by effectively engaging with motivated sellers
- (5:55) Determining your maximum cost per lead
- (7:18) Your most effective strategy to attract motivated sellers
- (8:14) Build resistance towards negative feedback from customers
- (9:16) Invest your money wisely instead of just spending it
- (12:14) Give novation leads a try, it could become your preferred marketing channel
- (12:49) Always answer your phone and follow the "triple tap" rule
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Resources:
- Check out www.novationleads.com
- MLS
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Transcript
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| 0:00.0 | You're listening to whole selling in episode number 1182. |
| 0:04.4 | How can I turn this money? How can I plant a seed? How can this dollar grow into something huge, |
| 0:10.8 | a big, fat, solid, oak tree, right? A money tree. And that's how I look at all the dollars I |
| 0:18.5 | spend. What is the ROI? And so for me, novation leads has provided that. |
| 0:25.6 | This is Game Changing Information, guaranteed to raise your real estate wholesaling business |
| 0:30.6 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:35.6 | and start making money today. Join us as we put our guests in the hot seat and dive deep to dissect |
| 0:42.0 | their strategies for success to enable you to duplicate their results. You're listening to |
| 0:47.1 | a wholesaling ink. The only show dedicated to making you a fortune in wholesaling. |
| 0:54.4 | This is Todd Tobak and you are going to love today's show because I am going to be answering |
| 1:00.0 | probably the most asked question in all of wholesaling real estate. And I'll tell you what, |
| 1:07.2 | I've been very hesitant to answer this question. I usually give people an answer to a question |
| 1:12.0 | that they don't usually like, although there's a lot of truth to it. But today I have a different |
| 1:16.0 | perspective. And that question is Todd, what is the best lead source? Todd, what is that best |
| 1:24.0 | marketing channel? And so I'm going to get to that. But before I jump into today's episode, |
| 1:29.5 | I always like to start out with good news and put us in the right mindset. And so Jacob D, |
| 1:35.0 | he's a brand new student in our innovations bootcamp. Just wrote in that he has a brand new |
| 1:40.8 | innovations deal, a solid property, good spread in a good location. And so right now he is going |
| 1:47.0 | to list with a broker. So good job, Jacob. He posted that actually in one of my favorite Facebook |
| 1:53.2 | groups. That's the wholesaling ink Facebook group. So if you want to meet up with me and want to |
| 1:57.6 | meet up with Jacob, say hi, go to wholesalinginkgroup.com. So thank you, Jacob, for posting that in the |
| 2:03.9 | group. Awesome, awesome job. All right. So before I jump into today's show, I'm going to tell you |
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