Yes, REO properties may sound extremely intimidating on paper, but there are ways to go about dealing with them that won't break your back. All it takes is a good, clear, level head, and some strong foundational knowledge. Keith Pionk, the Broker of KMP Realty LLC, gives Kevin Shortle the lowdown of the realities of REO properties in today's industry. While it may seem like a difficult field to get into, Keith keeps it simple so you can understand what the deal is with REO properties, and why they're worth the time you could be putting into them.
Real estate investing has and always been an avenue in creating wealth, and Millennials are getting creative with it. In this episode, host, Kevin Shortle, chats with Smart Real Estate Coach COO, Zachary Beach, about his learning curve and making it big with real estate investing. Zachary shares his journey from learning from his father-in-law to doing 100 properties in a short period. He also talks about the perks of having a coach, getting involved with a community to leverage credibility, and the beauty of finding motivated sellers with a high probability of doing something creative. Zachary also reveals the emerging trend of turning your house into an asset that produces income and offers his co-authored book, The New Rules of Real Estate Investing.
America is going through a housing crisis, and people like Gail Villanueva, a seasoned real estate agent, is taking this problem seriously by figuring out ways to come up with properties that can get people off the streets. In this episode, Gail wakes people up to the reality of settling their debts or paying off their homes. As a resource to note investors and brokers, she talks about how she guides others on their financial decisions through her meetup group she calls Runs. Listen to Gail The Note Gal as she offers her insights on non-performing notes and how you can invest in them, too!
What are LTV and ITV? In this episode, Dave Franecki of Capstone Capital USA, LLC explains what these terms mean and dives deeper on how we can use them in our note investment conquests. Having 30+ years of experience in various aspects of the real estate industry, Dave’s range of experiences includes real estate brokerage, landlord, rehabber, fix and flips, loan officer, credit repair, investor mentor, building and land development, and note investing. With people constantly getting confused with loan to value and investment to value, Dave helps us clear up this confusion by citing some real deal applications and examples.
Rules are always changing in the crowdfunding space. Make sure that it is the best way for you to raise private capital by understanding the mechanics of this process. In this episode, let one of the leading Crowdfunding and FinTech attorneys, Mark Roderick, get you up to speed with the new laws and technology, and how the internet has disrupted this industry. Mark also talks about three flavors of Equity Crowdfunding and the rules for each type. Get an investor's point-of-view and determine factors that dictate how much money you need to raise.
We are in the land of opportunities. All we need is to dp to seize them is to go beyond our comfort zones. Known as “The Land Guy,” Jack Bosch is someone who made use of the opportunities he saw with real estate, developing land, and flipping. Jack is here on the show to tell his story, starting with migrating from Germany with nothing to skyrocketing to $1 million in his real estate niche. Today, he shares a formula he figured out that placed him on top together with his wife, Michelle. Focusing on land rather than properties, Jack talks about how they stumbled upon this niche and why they decided to go for it.
Everybody is raving about top tips on getting deals and performing due diligence. That's great, but what do you do if a note becomes non-performing? Host Kevin Shortle dedicates this episode to help you prepare for the worst-case scenario by teaching on how to plan out multiple exit strategies. He also points out the importance of putting ideas into details so you can think things through. This way, you get maximum return in both time and money. Join Kevin today and get ready to uplevel your skills from newbie to expert.
At some point as a real estate investor, we run into the question of asking where we can get more funding to do more deals. On top of that, we wonder who the reliable sources are out there that we can trust. Ryan Wright, the CEO of DoHardMoney, gathers his experiences to provide people answers to those questions. In this episode, he imparts his expertise on hard money loans and gives some advice on ways to become successful with it. Catering to new investors who undeniably have a harder time finding those who will take a chance on them, Ryan also takes us into his company’s application processes and the reasons why they differ from other lenders out there.
Did you know there is now a note mutual fund that you can invest in? TJ Osterman and Rick Allen from Paperstac have been investing in real estate notes, and together they’ve created a special fund that enables people to invest in the note business in a completely different way. TJ and Rick have changed industries for Paperstac, and they’re going to change it once again through this fund that looks at the other side of the business and helps people stay in their homes. In this episode, find out more about the Money with Meaning Fund and how it’s a perfect fit for any investor out there.
Masterminds are a huge deal. When you join a mastermind group, you can meet peers where you’re able to help each other solve problems and develop yourselves together through input and advice from each other. Tom Olson, the Owner/President of The Olson Group Network, believes that the real truest mastermind comes from the book Think and Grow Rich, and that is getting yourself in a small group. Starting at the age of nineteen, Tom swooped on his first property and got into renovations and property services and masterminds. In this episode, dives into the importance of joining masterminds and talks about how he’s managing their Good Success Mastermind and the things they’re doing for he members. He also touches on the value contractor, the BRRRR method, and proper leadership.
The inventory is not gone, especially on the nonperforming side. It has simply shifted and it's going in a different direction. Chaz Guinn has been on the side of the industry that most people don't get to see, those people that buy in bulk and then go through due diligence to get that inventory out to individual investors. Chaz is the President and Managing Director of Revolve Capital Group, a real estate firm that is an active purchaser of seasoned or re-performing loans. He shares some tips on how you can get your hands on quality note deals and shares his insights on the quality of inventory he’s seen, why they created the firm, and the key focuses they’re looking at.
As with any business, relationship building is always a critical part. Kim Tucker, the owner of Realty Resource, talks about bringing more notes in Kansas City or even across the country by running a real estate association for a wider notes business scope. Kim discusses their real-estate investment club and how they are different from the average with their advocacy and system. She notes the issues with real estate that are going on nationwide and says that doing events allows real estate investors, sellers, and buyers to share ideas and raise funds for certain causes. Kim adds that being in a group is priceless because you have people who are going to share information and can help you in preventing mistakes.
An increasing number of Americans are choosing to live in mobile homes because of practicality. Kevin Bupp, the host of Real Estate Investing For Cash Flow, shares how you can capitalize on this growth. As he walks us through his journey towards investing in multifamily real estate and mobile home parks, Kevin discusses the responsibilities that come with it and the necessary aspects that need to be dealt with such as paperwork and infrastructure. He also gets into the lending options for a mobile home park and talks about the funds he creates to get more investors involved in his mobile home parks across the US.
The beauty of the note business is how it does not ask anyone to be an expert of it to be able to get into it. Ray Trounday, a technologist at Intuit, Yahoo, Shutterfly, and Netskope, came into the real estate world and managed to leverage his passion for technology in the note business. He shares what is in the real estate and note business that appealed to him, what notes he particularly focuses on, and how he used his expertise in technology in note investing. Today, Ray owns and operates NoteUnlimited Inc., a due diligence management portal exclusively created for note investing, helping many investors do their research without over-researching and missing out on other things at the same time.
Technology has advanced with years that there is now a modern way to buy and sell mortgage notes online. TJ Osterman and Rick Allen, the Founders of Paperstac, a FinTech company aiming to solve the problem in the way trading mortgage notes is conducted, share what they do to facilitate deals that makes Paperstac distinct from other FinTech companies. As they dive into their work of genius, learn their insights on fractional ownership and their thoughts about Millennials taking over the business. Also, find out the value of socially responsible investing as they jump into their Money with Meaning Fund.
Raising capital for your business takes much work, especially when you are applying for a business line of credit. Stephen Wible, Director of Business Development at Credit Suite, Inc., breaks down the top five things creditors are always looking for. Author of Business Credit: The Complete Step-By-Step Guide, he reveals how long it takes for new investors to build up their business credit before they can actually get one. Also, find out the truth about revenue financing and what happens the minute you apply to Dun & Bradstreet, and learn why at the end of the day, it all goes down to credibility.
Fuquan Bilal, the CEO and Founder of NationalNoteGroup Capital Fund, has been investing in real estate for many years. He’s had the opportunity to ride the wave and go down with it, learning a lot in that time period as he transitioned into notes and started doing mostly seconds. In this interview, he introduces his latest book, Passion for Real Estate Investments: The Making of a Strategic Real Estate Investor, and recounts how he got started in real estate investing and some hurdles he had to jump over. He also talks about what keeps him motivated and shares how people can get that same passion to expand their businesses.
If you want to grow your note & real estate investment business, you need some PR! In this episode, I interview PR Expert Christina Daves. She is a do-it-yourself publicity expert that has personally appeared on 1000 media outlets. Christina shares some great advice, tips and techniques to get your name out there.
This episode will open your eyes as to trends that will affect and influence your investment targets and profits. I will cover foreclosures, delinquencies, pricing trends and fraud! I will also point out where the best opportunities are.
I am known in the industry to have the ability to create an enormous amount of paid and free content on a regular basis. On this episode, I am going to share with you the technique that I use to create so much content. I have used this to create a 20 + hour video course, a new book, scores of training class segments and even blogs.
As a result of this technique, I am an in-demand note expert. Creating good, easy to understand, content is the key to becoming the go-to note investor in your area.
Seller financing when you buy and sell is a great way to increase your ROI and lower your risk. In this episode I interview the Underwriter, Russ O'Donnell. Don't write up another note until you listen to this!
In this solo-cast episode, Kevin will talk about how Non-QM mortgages might affect to note investors and answer a view listener emails on: Building database and investment funnels of inventory.