If you’ve never been to a note investing workshop, you may not know where to begin. One thing you always have to remember is once you make an offer and it’s accepted, it’s important to do due diligence. Due diligence, simply put, is making sure you’re getting what you’re paying for. You get as much information as you can about the property and fully investigate it for potential issues, including getting your eyes out … Read More
EP 299 – Trash From The Past
You can’t have the good without the bad. In the note game, every deal has a different story and there are all sorts of different things you’re going to experience. Scott discusses some of the ugliest and craziest note deals that he has been a part of as a real estate investor. The thing to remember is to take the lessons from those deals so you can avoid the next bad one. The important … Read More
EP 298 – Goldman Sachs Strikes Again
Goldman Sachs strikes again. They’re generating a close on another large portfolio of nonperforming notes from Fannie Mae. They bought a tremendous amount of 11,000 loans with $1.64 billion in unpaid balance. What does that mean to us? What does this mean to Goldman Sachs and what is the overall underlying ripple effect across the note industry? You’ve got to realize is Goldman Sachs got banged up really bad for a nasty $5 billion … Read More
EP 297 – Go Big Or Go Home
Something everybody struggles with is the aspect of going bigger in your business. We all want to go big and do big things. A lot of the real estate seminars or gurus don’t prepare you to do big things. They prepare you for the one-off asset and they’re not helping you in the long run to really go big. They’re not helping you scale your business. Scaling is very important and you need to … Read More
EP 296 – Crushing Debt with Shawn Yesner
If you’re working on note deals or foreclosure or just an investor looking for a very knowledgeable attorney to help you out with things related to the real estate business, you might want to seek out Shawn Yesner. Shawn is a bankruptcy lawyer with twenty years of bankruptcy and real estate experience. Shawn hosts the Crushing Debt podcast where he interviews realtors, mortgage originators, as well as different attorneys with specialties on probate, intellectual … Read More
EP NNA 15 – Finding Focus In Your Note Business
We’re all, at different stages of our lives, struggle on a regular basis with things. One of the biggest things we’re always struggling with is finding focus. It’s a constant work in progress because we’re always dealing with the shiny object syndrome. We’re all struggling with a variety of different things to get things done. You’re not supposed to have a perfect balance wheel with everything. What you have to do is find some … Read More
EP 294 – National Social Media Day
June 30th is a National Social Media Day. It’s important because of the fact that everything is all based on marketing these days. If you’re going to be successful at something, it all starts with marketing. You could have the greatest product you, the greatest idea, but if you don’t know how to market or how to use marketing to move that product and get the word out with whatever product, service, event, or … Read More
EP 293 – Blame Me For Your Failures
We are all responsible for our own success. Some people always look for somebody to blame for not having success in real estate. You got to know you can’t have success without failure in any type of investing. If you’re in a position of not having the type of success that you want and you’re not in the place that you want to be, you have two choices. You can either just continue along … Read More
EP 292 – I’m Back: Scott’s Biggest Takeaways From Traveling Abroad
One of the great things about traveling abroad is you are able to take in some of the advantages and disadvantages of travelling. There’s always the good, bad and ugly part of travel when you take a long, extended vacation. When you’re in the note business, it’s important to make sure everything keeps running. The beautiful thing about being in the note business is you don’t have to be here to have to take … Read More
EP 291 – When Life Throws You Curve Balls with Gail Villanueva and Cody Cox
Gail Villanueva and Cody Cox discuss some things you could do when life throws you curve balls, because in life, sometimes you have to be Semper Gumby. If you aren’t flexible and adaptable both in life and in the note business, then it’s going to be very difficult. Curve balls can happen sometimes, both as personal and professional events. From a note perspective, you go through training, you build your processes, and you have … Read More
EP 290 – Different Ways To Market Yourself Using Video And Email with Eric Hyde and Katie Moton
Everybody out there is good at something and they know something that they can share to the world through their network of people. That should be an easy one, but another thought is what you do not know. Think about something that you don’t know, then do the research and learn how to do them. Eric Hyde and Katie Moton talk about different ways you can market yourself. Eric proves his point about how … Read More
EP 289 – What You Should Know About Nonperforming Firsts And Seconds with Patty Ped and Bill Griesmer
In the note business, the primary intent is to let the borrowers keep their home and happy about their choices. When you’re a nonperforming first note holder, you are first in line, you have a lot of flexibility going there, and you have a lot of options that you could provide the borrower to ensure that they can keep their home. Patty Ped of Aider Financials shares it’s more challenging to provide the help … Read More