EP 93 – Mastering Novation Agreements with Eric Brewer

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Show Notes

Creative financing is the best hack for navigating the current real estate market. One method that’s been gaining popularity is novations agreements, but a lot of real estate investors have misconceptions about the process.

To help explain novation agreements hosts Mike and Dan are speaking to Eric Brewer, the “King of Novations” with over 10 years of experience. He’s sharing how he runs his business and gives simple but actionable advice on pitching novations to sellers (and their attorneys).

Eric drops major knowledge bombs in this episode that you don’t want to miss, including how to find what he calls the “balanced sellers.” He also offers up great advice to find a mentor and become successful as a real estate investor. These strategies could help you capitalize on 30% of your leads, so tune in now!

 

 

Topics discussed in this episode:

  • How Eric started a career in real estate
  • Eric’s definition of novation
  • The mechanics of a novation agreement
  • Convenience vs. value
  • The ideal seller
  • Closing a novation deal and heading to market
  • How Eric manages sellers to closing
  • A crazy real estate story
  • Eric’s #1 tip to real estate investors

 

 

Learn more about Eric Brewer and his Novations Course at:
https://brewermethod.com/!

Connect with Eric on Instagram:
https://www.instagram.com/eric_brewer_invest_/

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Links from the Episode

Check out the FREE Collecting Keys “Sub To Transactions” Master Class!

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Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/

Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/resources/

If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!

Collecting Keys Podcast Resources:

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https://www.instagram.com/collectingkeyspodcast/

https://www.instantinvestorprogram.com/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

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