WIP 1086: Novations Avalanche - How One Woman Closed $160k in Novations Deals in Just 2 Months
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 21 November 2022
⏱️ 21 minutes
🧾️ Download transcript
Summary
Whether you're brand new at novations, looking for your first novation deal, or an experienced investor, you must be prepared to face mountains of rejection. It's an occupational hazard, and it will happen quite often. Rejection is okay. What's not okay is letting your fears stop you from moving forward.
Today's success story is rooted in getting past that rejection stage. Listen to how this real estate wholesaler uses the novation strategy mixed with massive imperfect action to dominate today's changing real estate market.
Kick back, relax and let this episode inspire you! Just a few quick minutes of this podcast episode can open you up to a world of opportunities that you never would have known about otherwise.
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Show notes:
- (0:48) Beginning of today’s episode
- (1:42) What got Pat into real estate investing?
- (4:18) Having novations in your tool-box is beneficial because not everybody’s property fits into a cash sale
- (5:42) In this business, rejection is your friend
- (9:03) Moving forward despite the fear of not knowing everything is the definition of massive imperfect action
- (13:35) Consistency and follow-up are crucial to success. Make those phone calls over and over again
- (16:17) Make people feel they’re doing business with a trusted friend
- (18:50) The quick results come from mistakes. Be eager to make mistakes often, it means you're going in the right direction
- (20:31) We don’t come out in this world by being perfect. We learn by making mistakes
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Resources:
- MLS
- 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 no-obligation discovery call here to learn more about how to get started real estate wholesaling with our help.
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 wholesaling in episode number 1086 and having the innovations is just a huge |
| 0:07.6 | you know tool that you can use because not everybody's property fits into a cash sale. |
| 0:12.8 | Yeah. And so this is something else you can offer them and you know still not lose the deal. |
| 0:18.1 | This is game-changing information guaranteed to raise your real estate wholesaling business with |
| 0:23.5 | actionable steps you can take immediately to navigate the ins and outs of wholesaling and |
| 0:28.4 | start making money today. Join us as we put our guests in the hot seat and dive deep to dissect |
| 0:34.6 | their strategies for success to enable you to duplicate their results. You're listening to |
| 0:39.7 | wholesaling ink. The only show dedicated to making you a fortune in wholesaling. |
| 0:46.8 | This is Todd Tobak and I want to welcome you to today's show. We have a very special guest which |
| 0:52.8 | you are going to love. We have an investor who's been doing innovations for just under two months |
| 0:59.2 | who has closed nearly $160,000 in profits. Absolutely blows my mind and we have I don't know another |
| 1:08.8 | three or four deals in the pipeline which we're going to interview Pat today. So I am so so so |
| 1:14.8 | excited whether you are brand new looking to do your first innovation deal or you are an experience |
| 1:19.7 | investor looking to add this to your repertoire. You've got to listen to Pat because I am just |
| 1:25.1 | just blown away by her success and you are too. So Pat, welcome to the show. Thank you. Thank you |
| 1:31.1 | so much for having me Todd. So Pat, I always like to start off with you know interviewing somebody |
| 1:36.2 | on the show and get your background. If you had to explain 60 seconds or less what got you |
| 1:42.3 | into real estate investing? What were you doing before and what pushed you into investing? |
| 1:46.9 | Well the pandemic is what pushed me into it because what I was doing because of the pandemic |
| 1:52.1 | you know it wasn't viable anymore. So I went online and I was just looking around and I saw this |
| 1:59.2 | you know an ad for acquisitions manager and you know I read it and I thought that sounds like |
| 2:04.7 | fun. So I called and you know I spoke to Joe and you know within a week I was working for him |
... |
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