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.
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?
