WIP 1021: Novations - An Exciting New Way to Make a Fortune in Today’s Turbulent Market
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 22 August 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
The real estate world is always changing with new and innovative strategies. However, we sometimes come across strategies that are not well thought out or ill advised. But today, Todd Toback is here to show us how he sells his deals on the market to conventional buyers with the use of this unique and proven strategy called novations.
Novation is quite common—and can be quite complicated, but if you have this in your toolbox, there's no doubt that you’ll surpass the success ladder in no time.
If you want to learn more about this strategy head over to No Limits Real Estate Investing and get a chance to listen to Todd and Brent in this exclusive webinar.
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Show notes:
- (0:42) Beginning of today’s episode.
- (1:50) Todd will teach us how to make money in real estate in the current market.
- (5:50) Todd explains the novations strategy.
- (7:46) A step-by-step guide to performing innovations.
- (17:38) You have to remove your limiting beliefs.
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Resources:
- 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 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?
Transcript
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| 0:00.0 | But for the last 20 years, I have been quietly doing a strategy that I haven't talked a whole lot |
| 0:05.3 | about called, uh, innovations where I will take a property and I will find a motivated seller. |
| 0:11.5 | I will lock it up under contract for below market value and then sell that property |
| 0:18.4 | to a retail buyer. Someone who's going to live in that property and doesn't have to be, |
| 0:23.2 | but someone who basically is going to look at it as a home and pay a retail price and earn |
| 0:28.3 | an even bigger spread. This is game-changing information guaranteed to raise your real estate |
| 0:35.5 | wholesaling business with actionable steps you can take immediately to navigate the ins and |
| 0:40.4 | outs of wholesaling and start making money today. Join us as we put our guests in the hot seat |
| 0:46.4 | and dive deep to dissect their strategies for success to enable you to duplicate their results. |
| 0:52.0 | You're listening to wholesaling ink. The only show dedicated to making you a fortune in wholesaling. |
| 0:58.8 | Right no tribe. Grab your pen. Grab your pat a paper. This podcast is going to absolutely change |
| 1:07.7 | your business because the fact is there are a lot of cash buyers that are sitting on the |
| 1:13.7 | sideline in most major markets. They're waiting to see what is going to happen with the economy, |
| 1:20.0 | with inflation, with the real estate values and we need to still keep our businesses going |
| 1:27.3 | strong. Todd Tobak is going to show us how he is selling his deals on the market to conventional |
| 1:34.8 | buyers. This is a absolute game changer here he goes. My name is Todd Tobak and if you don't know me, |
| 1:42.7 | I've done over 1300 real estate transactions. I've been investing over 20 years and my goal for |
| 1:50.2 | you is to make as much money as possible in real estate even if you have never done a real estate |
| 1:57.8 | deal. Now you may be listening to this and thinking wow 1300 deals. I'm just trying to do my first. |
| 2:03.4 | Well, I can tell you that at one point I was you. I remember meeting with a motivated seller for |
| 2:09.2 | the first time. I wanted to quit my job and I was fed up. I was nervous as hell and I didn't know |
| 2:14.4 | what to say. I didn't know how to say I didn't know the paperwork to use. All I knew was that I was |
... |
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