14 subscribers
انتقل إلى وضع عدم الاتصال باستخدام تطبيق Player FM !
المدونة الصوتية تستحق الاستماع
برعاية
![Travis Makes Money podcast artwork](https://cdn.player.fm/images/32243849/series/wgCXadnk2StIFlzM/32.jpg 32w, https://cdn.player.fm/images/32243849/series/wgCXadnk2StIFlzM/64.jpg 64w, https://cdn.player.fm/images/32243849/series/wgCXadnk2StIFlzM/128.jpg 128w, https://cdn.player.fm/images/32243849/series/wgCXadnk2StIFlzM/256.jpg 256w, https://cdn.player.fm/images/32243849/series/wgCXadnk2StIFlzM/512.jpg 512w)
![Travis Makes Money podcast artwork](/static/images/64pixel.png)
1 Make Money with AI Appointment Setting | Matt Deseno 32:38
EP133: Ricks Worst Note Purchase & The Lessons Learned
Manage episode 409457054 series 2856057
Discover Rick’s worst note buy and the lessons he learned from the experience in this revealing episode of the Paperstac podcast!
Join hosts Rick Allen and Brett Burky as they dive deep into the murky waters of note buying.
With years of note investing experience under his belt, Rick shares his own story of a real estate note deal gone awry, detailing the frustrations and challenges encountered. Every real estate professional has their story of a deal gone awry, and today, Rick shares his.
Rick recounts his experience of buying a note in Louisville, Kentucky that quickly spiraled into an ordeal filled with bankruptcy filings and legal obstacles, all stemming from a seemingly perfect property. He also shares another harrowing experience of buying a note in Cook County, complicated by COVID-19 related court closures and unexpected delays.
The conversation is a candid discussion on the perils of smaller balance notes, property maintenance woes, and the importance of learning from these setbacks to mitigate future losses. The episode wraps up with Rick and Brett reflecting on the inherent challenges of the note buying business, emphasizing the need to become adept problem solvers.
Whether you're a seasoned investor or new to the world of mortgage notes, this episode is packed with valuable insights and cautionary tales that underscore the importance of due diligence, understanding legal intricacies, and preparing for the unexpected.
Don't forget to like, share, and subscribe for more episodes, and drop your questions or stories in the comments below for a chance to be featured in future discussions.
_______________________________________________________________________
🎧 Chapters:
00:00 Introduction
00:17 The Worst Note Buy
01:59 Bankruptcy Battles and Legal Challenges
04:13 The Long Road to Resolution
05:53 Another Challenging Note Buy in Cook County
07:43 Learning from Note Investing Mistakes
09:18 Final Thoughts and Takeaways
______________________________
🎬 Share this video: https://youtu.be/NWc_Qk3jYAE
➤ Don't forget to like, comment, and subscribe to our channel for more captivating content on mortgage notes and real estate investing.
SUBSCRIBE HERE:
Follow Us On These Platforms:👇
- Facebook: https://pstac.co/facebook
- Linkedin: https://pstac.co/linkedin
- Twitter: https://pstac.co/twitter
- TikTok: ...
151 حلقات
Manage episode 409457054 series 2856057
Discover Rick’s worst note buy and the lessons he learned from the experience in this revealing episode of the Paperstac podcast!
Join hosts Rick Allen and Brett Burky as they dive deep into the murky waters of note buying.
With years of note investing experience under his belt, Rick shares his own story of a real estate note deal gone awry, detailing the frustrations and challenges encountered. Every real estate professional has their story of a deal gone awry, and today, Rick shares his.
Rick recounts his experience of buying a note in Louisville, Kentucky that quickly spiraled into an ordeal filled with bankruptcy filings and legal obstacles, all stemming from a seemingly perfect property. He also shares another harrowing experience of buying a note in Cook County, complicated by COVID-19 related court closures and unexpected delays.
The conversation is a candid discussion on the perils of smaller balance notes, property maintenance woes, and the importance of learning from these setbacks to mitigate future losses. The episode wraps up with Rick and Brett reflecting on the inherent challenges of the note buying business, emphasizing the need to become adept problem solvers.
Whether you're a seasoned investor or new to the world of mortgage notes, this episode is packed with valuable insights and cautionary tales that underscore the importance of due diligence, understanding legal intricacies, and preparing for the unexpected.
Don't forget to like, share, and subscribe for more episodes, and drop your questions or stories in the comments below for a chance to be featured in future discussions.
_______________________________________________________________________
🎧 Chapters:
00:00 Introduction
00:17 The Worst Note Buy
01:59 Bankruptcy Battles and Legal Challenges
04:13 The Long Road to Resolution
05:53 Another Challenging Note Buy in Cook County
07:43 Learning from Note Investing Mistakes
09:18 Final Thoughts and Takeaways
______________________________
🎬 Share this video: https://youtu.be/NWc_Qk3jYAE
➤ Don't forget to like, comment, and subscribe to our channel for more captivating content on mortgage notes and real estate investing.
SUBSCRIBE HERE:
Follow Us On These Platforms:👇
- Facebook: https://pstac.co/facebook
- Linkedin: https://pstac.co/linkedin
- Twitter: https://pstac.co/twitter
- TikTok: ...
151 حلقات
كل الحلقات
×![Artwork](/static/images/128pixel.png)
1 The Note Investor’s Edge: Winning Transactions as a Buyer on Paperstac 26:29
![Artwork](/static/images/128pixel.png)
1 Turn a Rental with a Current Mortgage into a Mortgage Note (How to) 22:08
![Artwork](/static/images/128pixel.png)
1 EP150: The Steps to Offer Seller Financing for Real Estate Agents 24:07
![Artwork](/static/images/128pixel.png)
1 EP149: Tips for New Sellers on Paperstac 13:45
![Artwork](/static/images/128pixel.png)
1 EP148: Creating a Boots on the Ground Team for Note Investors 29:50
![Artwork](/static/images/128pixel.png)
1 EP147: Note Investing Habits New Investors Must Have 29:50
![Artwork](/static/images/128pixel.png)
1 EP146: Scaling a Land Investing Business With Mortgage Notes 58:47
![Artwork](/static/images/128pixel.png)
1 EP145: Partial Note Investing With Fred & Tracy Rewey 45:03
![Artwork](/static/images/128pixel.png)
1 EP144: Mortgage Note vs Long Term Rentals 31:44
![Artwork](/static/images/128pixel.png)
1 EP143: Tax Strategies for Mortgage Note Investors 42:06
![Artwork](/static/images/128pixel.png)
1 EP142: Learning Note Investing Jargon & Slang Terms 13:12
![Artwork](/static/images/128pixel.png)
1 EP141: When, How & If You Should Contact Borrowers 16:12
![Artwork](/static/images/128pixel.png)
1 EP140: Note Investing Tools Every Investor Should Have 17:14
![Artwork](/static/images/128pixel.png)
1 EP139: The Key Differences Between CFDs and Other Security Instruments 18:24
![Artwork](/static/images/128pixel.png)
1 EP138: How To Set Up Your Listing on Paperstac for Success 22:13
مرحبًا بك في مشغل أف ام!
يقوم برنامج مشغل أف أم بمسح الويب للحصول على بودكاست عالية الجودة لتستمتع بها الآن. إنه أفضل تطبيق بودكاست ويعمل على أجهزة اندرويد والأيفون والويب. قم بالتسجيل لمزامنة الاشتراكات عبر الأجهزة.