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3 contributions to Rainmaker Wholesale RE
How rural is TOO rural?
@Rich Wonders , what kind of guardrails do you use in terms of population, DOM, lack of comps etc to determine quickly if even worth doing a novation? (and even if the seller is game for it...when is the juice NOT worth the squeeze?). thanks
1 like • 9d
Great question I also ask myself what is not a viable deal
PPL Leads: Property Leads
We personally do nationwide, and try to bid between $30-40. Sometimes you have to be higher if its a high traffic time/day (mornings, especially Monday) https://www.propertyleads.com/novation-king/
0 likes • 28d
I love property leads! They’re great when starting out
Quick question about your Novation Calculator
Hey Richard and Rainmaker crew, First post here, so wanted to say thanks for all the game you’ve been sharing. I’ve been actively working novation opportunities in my wholesale business and I remember Richard mentioning a Novation Calculator he uses. Quick question: is there a link or resource inside the group/course where that calculator lives? If you’re open to it, could you drop the link in the comments or point me to where to find it? Appreciate you guys – looking forward to implementing and sharing wins.
2 likes • May 7
@Rich Wonders Got it, thanks for breaking that down Rich. I took your formula (3 best comps → market price → x 0.9 → minus $30k) and baked it into a simple Google Sheets calculator so it’s fast to plug numbers in. Here’s the link if anyone else wants to use / tweak it: Novation Calculator Make a copy and adjust the profit number or fee assumptions however you like.
1 like • 29d
@Juan Alferez You're welcome just trying to help 🙂
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Julian Castle
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@julian-castle-3777
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Joined May 6, 2026
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Miami, FL
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