In this episode, Eric Lyman, a pioneering real estate investor and co-founder of Impact House Buyers, shares his insights on leveraging the Novation model and innovative technology to gain a sustainable competitive edge in the industry. With a focus on constant improvement and transparent sales processes, Eric has driven significant growth within his company, establishing himself as a leader in real estate investing.
Eric's commitment to empowerment extends beyond his own business; he is passionate about helping others succeed through his Investor PowerUp training program. This initiative is specifically designed to equip new real estate wholesalers with the tools and knowledge they need to reach their full potential. By fostering leadership, innovation, and a culture of giving back, Eric is not only shaping the future of the industry but also creating a legacy of empowered entrepreneurs.
In this engaging discussion, Eric delves into his laser-focused approach to real estate investing through novations. He specializes in this singular exit strategy and shares his comprehensive systems for structuring virtual novation deals across the nation. Throughout the episode, he discusses critical topics such as risk management, collaborating with remote realtors and contractors, and effectively leveraging the Multiple Listing Service (MLS).
Eric also unveils his streamlined two-person business model, highlighting the key metrics that drive success and the lifestyle goals that underpin this simplified operation. His insights into the novation process and its potential for real estate investors make this episode a must-listen for anyone looking to master this innovative strategy and elevate their investing game. Whether you are new to the field or seeking to refine your approach, Eric Lyman’s expertise offers invaluable guidance for navigating the complexities of real estate investing today.