WIP 1081: Building Your Novation Dream Team – Who You Need in Place to Have Massive Success with Novation Deals

Most real estate investors dream of the day they make their first hire…especially when you are doing more novation deals and novations has become a bigger part of your real estate wholesaling business. 

But those who are well-seasoned know this is where the fun begins. And by “fun,” this means more considerable revenue and all the high-level challenges and leadership headaches you have to deal with along the way. Massive opportunities for growth to say the least!

In this episode, Todd Toback will share some simple (and some zero-to-no-cost) steps that will help you build the real estate team that you’ve always been dreaming of! 


Show notes:

  • (0:52) Beginning of today’s episode 
  • (2:01) Todd lays out the different benefits of selling properties to a retail buyer
  • (2:31) Your dream team will tell you everything that you need to know and will cost you no money upfront 
  • (3:05) Reasons why you need a broker
  • (4:37) Why attending your local REI groups is critical to growth in your business
  • (6:12) Why you must add a good title escrow company to your dream team and how to find the right one(s) 
  • (8:25) Why do you need to have a fantastic notary?
  • (10:19) Record the evidence of your agreements to secure your deal
  • (13:09) Mission critical: Do you have a good real estate lawyer on your team and why this is critical to your success 
  • (15:57) Why you need to be doing novations if you want to survive and thrive in today’s changing market 



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