Non-Performing Notes Are Now Better Than Ever | NoteSchool Tv
NoteSchool Real Estate Investing in Mortgage Notes
Release Date: 08/20/2021
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_outlineNormally, 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.
But when he realized he spent most of his time driving from property to property and having difficulties with contractors, he shifted to focus on notes. His story is very relatable to anyone who is considering a career change or is wondering about why notes make such a great investment career.
Timestamps:
0:01 - “When you missed the last MPL non-performing loan opportunity then you are given a chance to get it back ”
0:35 - https://www.NoteSchool.com/TV
2:57 - Latest news with Joe Varnadore
3:48 - Fannie Mae Nearly Doubles Home Price Growth Forecast
4:32 - The 2021 Hottest Zip Codes In America
6:27 - Special guest for today: Brian Lauchner
7:15 - The Secret Origin of Brian Lauchner's Real Estate Businesses
12:28 - Is the non-performing market a “now” thing?
13:37 - Brian Lauchner’s new non-performing note deal
17:02 - Non-performing notes & bankruptcy
18:46 - Is there a downside in non-performing notes?
22:45 - The objective is to use turn-over as much as possible to earn more profit
25:00 - Brian’s biggest pain point on flipping houses
26:05 - It is possible to raise the money!
28:05 - How Brian Lauchnerraise money
29:07 - Notes Direct & Feeding Frenzy Friday
28:26 - Feeding Frenzy Friday - https://www.NoteSchool.com/FFF
30:54 - https://www.NoteSchool.com/tv
31:52 - After-Party!
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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