Property Prophets
Welcome to "Property Prophets," the ultimate podcast for real estate enthusiasts and investors. I'm your host, Travis Wells, and I'm thrilled to have you join me every single week as we dive into the world of property profits.
In each episode, we bring on a specialist who excels in a specific area of real estate. Whether it's retail, big commercial properties, luxury real estate, flipping houses, or even land development, we've got you covered. Our guests are true masters of their craft, and they're here to share their expertise, insights, and success stories with you.
But it doesn't stop there. At the end of each podcast, we have a special segment where our mastermind group joins in. This group is filled with avid learners and aspiring investors who bring their real-time, real-life questions for our guests. Together, we create an engaging Q&A session that provides practical knowledge and solutions for everyone.
Join us on "Property Prophets" as we explore the intricacies of the real estate industry and unlock the secrets to property profits. Whether you're a seasoned investor or just starting out, this podcast is designed to inspire, educate, and empower you to achieve your goals in the world of real estate.
So, don't miss out on this incredible opportunity to learn from the best in the business. Tune in to "Property Prophets" and let's embark on this exciting journey together!
Property Prophets
182. How to Legally Structure Novation Deals for $30K+ Profits (With Full Contract Walkthrough)
In this episode, Travis Wells unveils the exact contract stack and legal game plan he uses to close high-margin novation deals without risking the deal or getting caught in legal trouble. Most investors struggle with novations not because the strategy doesn’t work but because they fumble the paperwork, confuse the seller, or lose control at closing.
Inside this episode:
1. The complete novation paperwork bundle (Purchase Contract, Attorney-in-Fact, Novation Agreement, Listing Docs, Disclosures)
2. How to legally protect yourself while staying 100% transparent with the seller
3. Travis’s actual scripts for renegotiating price, handling seller objections, and explaining agent involvement
4. How to coach a confused title company through HUD prep (without losing your $30k assignment fee)
5. The VA system Travis uses to hire realtors in unfamiliar markets fast
6. Walkthrough of real HUDs, line items, and critical contract language that make these deals work
This isn’t fluff. This is Travis’s field-tested, legally dialed-in blueprint for turning cold leads into closed, compliant, cash-rich novation exits.
If you’re trying to scale novations or get started the right way this episode will give you the foundation you need.
Listen now to master the paperwork that separates real closers from risky guesswork.
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