43 What's Going On With Mortgages and Landlords? Monthly Market Update | NoteSchool Tv
NoteSchool Real Estate Investing in Mortgage Notes
Release Date: 08/30/2021
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.
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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.
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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.
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How feasible is the note investing in California or any other State for the matter?
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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.
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After NoteSchool Tv live show, join the after-party and throw in your questions about the mortgage notes business.
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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.
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“ Land is the easiest asset to cash flow” - Ben Legg
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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.
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Ben & Greg share their criteria when buying land. One thing to remember is to buy good value and make sure you are protected
info_outlineToday on NoteSchool Tv, Mr. Eddie Speed & Joe Varnadore confer about the Note Industry Update for this month of July.
Every last Wednesday of the month the NoteSchool Tv team shares relevant market data that they gathered from different sources. In this episode, they focused on what’s happening in the conventional mortgage market.
Timestamps
0:01 - “ Why do mortgage bankers cut back on who is qualified to get a mortgage in the middle of a housing boom?”
0:32 - https://www.NoteSchool.com/TV
1:54 - The NoteSchool Founder & Visionary - Eddie Speed 6:08 - Loans That Are Delinquent But Not in Forbearance - Black Knight - Mortgage Monitor Report
11:39 - Forbearance Plan Extensions
15:26 - The Crazy Market Conditions
16:35 - Home Price, Equity & Refinance Trends
20:10 - Conditions of the Market
23:54 - Mortgage Rates Continue Continue a Downward Spiral 25:38 - Mortgage Credit Availability Index Drops 8.5% in June 30:31 - Who Are Buying Properties from Redfin
31:51 - Landlords Brace For Impact as More Tenants Can’t Pay Rent
35:42 - go to [email protected] Subject line: Market Update July 28th 2021 - to request a copy of the report
36:36 - Notes Direct & Feeding Frenzy Friday
37:30 - Feeding Frenzy Friday - https://www.NoteSchool.com/FFF 39:00 - https://www.NoteSchool.com
39:27 - After-Party!
41:02 - Can you say something about the meaning of the Credit Availability Index Level? What does 118.8 signify?
Watch our latest NoteSchool TV Real Estate Note Industry Update: https://youtu.be/nPbDlUT-b4M
Landlords are burning out. Tenants are behind on rent payments. Toilets are backing up.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
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