How do you create a recession-proof REI business? In this episode, host Scott Carson’s guest is Chris Prefontaine, the founder & CEO of Smart Real Estate Coach. Chris shares with Scott about his past and present real estate investments. One strategy he used to screw-up-proof his business was to stop signing personal loans with banks. Unless it’s for a personal residence and you can justify a low loan to value. Do you want to … 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