Fired from a corporate job he hated in 2004, Martin Saenz founded a government contracting company from their home with his wife Ruth. Over the next ten years, as they were building a multi-million dollar federal contracting company, Martin and Ruth began using their profits to purchase residential and commercial rental properties in the Washington, DC area. In his first book, Note Investing Made Easier, which debuted at #1 on Amazon, Martin discusses his journey … Read More
EP NC 11 – Texas Tax Liens with Arnie Abramson
There are states that are called tax lien state because they only offer liens for sale at the tax auctions. Texas is one of those states, and in their auctions, bidding starts with the amount owed for the tax liens. If an investor buys the property at the minimum bid, it catches up on back taxes for ownership and rights of possession and then is sold to the highest bidder, including the right to own … Read More
EP NC 10 – Connecting Money with Meaning from Rick and TJ with Paperstac.com
Rick Allen and TJ Osterman talk about how they connect a meaning with their note fund to try and help keep borrowers in their homes. Rick and TJ met when they both worked for a nationwide wholesale firm. Sharing a common goal, they hit it off and have been partners ever since, starting their own wholesale company in 2008. In 2012, they got into notes, when they stepped into a big pile of notes … Read More
EP NC 09 – Investing in Syndications with Kathy Fettke from Real Wealth Network
Investors who want to buy a big deal but they can’t often goes for a syndication. The most important thing to be aware when investing in syndications is you need to be with the right team for that deal. Kathy Fettke of Real Worth Network learned that the experience and background of these kinds of investments is key. You can find the greatest deals, but without the right team, the investment might not turn out … Read More
EP NC 08 – Play Big And Take Action with Sharon Lechter
Many speakers tell the stories of successful people during their tough times. But it is also worth noting what brought these tough times to them is where a lot of learning happened. Every adversity generates a seed of equal or greater opportunity, and Sharon Lechter is a good example of this philosophy in life where she developed the Success Equation. This is part of her Play Big Movement, which helps businesses get to the next … Read More
EP NC 07 – The Sexy Side of Double D’s (Due Diligence) with Paige Panzarello
One of the most important processes for any investor, especially when you are involved in notes, is due diligence. Due dilligence lets you know your risk and helos you figure out if you should or shouldn’t take on a deal. The best part of mitigating risks through due diligence is to maintain control and learn the different exit strategies available for you. The one other benefit that due diligence gives you is the length of … Read More
EP NC 04 – Joint Venture IRA Investing with Walter Wofford
For companies going for a more efficient scaling route, they go into joint ventures. This allows them to combine assets and operations as they share the risks as well gaining access to the skills and capabilities of each JV partner. Walter Wofford explains why it is harder to go bankrupt in joint venture IRA investing because of the opportunities each one brings to other. He shares that as a real estate investor, you are both … Read More
EP NC 03 – Protecting Yourself Using a Corporate Veil with Aaron Young from Laughlin & Associates
You could get in trouble and even go to prison for something that you “should have known.” Aaron Scott Young went to prison for this and that made him realize the importance of what he does at Laughlin & Associates to make sure you know what the rules are and follow them strictly so you don’t find yourself in a law suit, or worse, prison cell. Once you know the rules, you know the risks … Read More
EP NC 02 – Bulletproof Your Due Diligence with Alex Goldovsky
Running your numbers at the front end is critical for note investors, because the industry is all about numbers that will let you learn how to better scale and grow your business. For a better scaleability, Alex Goldovsky of ProTitleUSA helps you bulletproof your due diligence and help you spend time on buying one good loan and move on to the next deal. He has the ability to analyze and present data that tells note … Read More
EP NC 01 – What Is Note CAMP?
Many people may wonder what Note CAMP is. The best way to describe it is what it isn’t. First of all, it isn’t a pitch fest. Also, it isn’t solely focused on Scott Carson or We Close Notes. Note CAMP is focused on forming principles, content, actions, marketing, and profit-generating nuggets for those that attend the camp. A great line up is coming up as keynote speakers who are subject matter experts in their own … Read More
EP NNA 11 – Building Your Note Business Plan
We’re all real estate investors of some sort, whether you’ve done a thousand deals or are looking to get started. Note investors are a big percentage of who we deal with, and building your note business plan is one of the most important things you can do. We all start somewhere and a lot of people don’t have any type of business background, and that’s why it’s even more important to have a business plan. … Read More
EP 271 – Re-Performing Notes: The Good, The Bad, And The Ugly
Jennifer Dagenhart, VP of portfolio management at We Close Notes, discusses some fun and exciting case studies they did on re-performing notes and their due diligence. Jennifer manages a huge chunk of the portfolio, especially on the stuff they bought in the last year, and they usually get about 70% of them re-performing with the borrowers. If you’re not an investor and don’t understand what it is you’re selling, you’re really just a joker broker … Read More