Libsyn Directory

41 Building a Bank on Land | NoteSchool TV

NoteSchool Real Estate Investing in Mortgage Notes

Release Date: 07/16/2021

43 What's Going On With Mortgages and Landlords? Monthly Market Update | NoteSchool Tv

NoteSchool Real Estate Investing in Mortgage Notes

Today on NoteSchool Tv, Mr. Eddie Speed & Joe Varnadore confer about the Note Industry Update for this month of July.

Non-Performing Notes Are Now Better Than Ever | NoteSchool Tv

NoteSchool Real Estate Investing in Mortgage Notes

Normally, Brian Lauchner hosts our NSTV and focuses on letting our guests share their wisdom. But today, Brian is our guest! He shares his story of how he was suddenly axed from his job at a software company, with one young child and another on the way. He had to make some serious decisions fast, so he jumped into real estate investing. His early efforts focused on wholesaling and rehabbing.

When You Discover You Can Build A Bank On Land | NoteSchool Tv

NoteSchool Real Estate Investing in Mortgage Notes

Greg and Ben used to wholesale almost exclusively. They took a long pause around 2016 and asked themselves what they want for their lives. The answer: They want more security and more freedom.

Note Creation Can Happen In Any State of the Country | NoteSchool TV

NoteSchool Real Estate Investing in Mortgage Notes

How feasible is the note investing in California or any other State for the matter?

Bob Repass | NoteSchool TV

NoteSchool Real Estate Investing in Mortgage Notes

Bob Repass is the Managing Director of Colonial Funding Group, LLC., where he shares overall responsibility for the management of the firm. In his role as Managing Director, Mr. Repass’ primary focus includes investor relations and regulatory compliance.

After NoteSchool Tv live show, join the after-party and throw in your questions about the mortgage notes business.

NoteSchool Real Estate Investing in Mortgage Notes

After NoteSchool Tv live show, join the after-party and throw in your questions about the mortgage notes business.

Our Goal Is To Continue Building-Up Our Portfolio | NoteSchool Tv

NoteSchool Real Estate Investing in Mortgage Notes

Greg & Ben’s goal is to build a bank with good solid assets/notes. They believe that If you do it correctly you have so many options other than just cash flow from your bank.

Land Is The Easiest Asset To Create Cash Flow | NoteSchool Tv

NoteSchool Real Estate Investing in Mortgage Notes

“ Land is the easiest asset to cash flow” - Ben Legg

Who Are The Motivated Land Sellers | NoteSchool Tv

NoteSchool Real Estate Investing in Mortgage Notes

Ben & Greg created a very simple process of buying lands. They learned that most of the sellers don't know how to sell their land thus making a simple process for their sellers became the greatest strength of their business.

Buying A Land Based On Good Value | NoteSchool Tv

NoteSchool Real Estate Investing in Mortgage Notes

Ben & Greg share their criteria when buying land. One thing to remember is to buy good value and make sure you are protected

More Episodes

Today, the NoteSchool Tv team is joined by Ben Legg and Greg Philipps.

Ben was born and raised in Charlottesville, Va. He went to Penn State and got his degree in Meteorology. He was doing TV weather for a number of years before he decided to get into real estate

While Greg is raised in Staunton, VA. Majored in Finance & Economics then became a realtor to learn about RE investing but quickly learned that wasn't the route. Worked in F&B in the early 20s before starting the investing journey with Ben around 26.

Greg and Ben used to wholesale almost exclusively. They took a long pause around 2016 and asked themselves what they want for their lives. The answer: They want more security and more freedom.

That is when they decided to dive headfirst into financing land. They want their business to serve what their life goals are. With the help of Note School and all the things they have learned over the past few years, this leads to change the path of their lives and business.

Their goal is to build a bank with good solid assets/notes. They believe that If you do it correctly you have so many options other than just cash flow from your bank.

As they grew their business they are also learning how to leverage those options to grow their portfolio as well.

Timestamps:

0:01 - “How to build a bank on land!”

1:34 - https://www.NoteSchool.com/TV

2:40 - Latest News with Joe Varnadore

3:22 - U.S. Housing Shortage Will Be Around For Years To Come

4:04 - Google Doubles Down On Commercial Real Estate With $7Billion Nationwide Investment

5:12 - NoteSchool Leader & Visionary: Mr. Eddie Speed

5:53 - Today’s guests: Ben Legg & Greg Philipps

7:48 - How Ben & Greg started their real estate business until they discover the Note business.

11:56 - Building bank on land

14:36 - Selling land through owner-financing