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Updated about 7 years ago on . Most recent reply

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136
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Joe Tomko
  • Specialist
  • Easton, PA
48
Votes |
136
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New Note Investor, New to BP

Joe Tomko
  • Specialist
  • Easton, PA
Posted

Greetings from the Lehigh Valley (Allentown, Bethlehem, Easton) of Pennsylvania!  I've already learned a lot from the old podcasts and from some discussions on the forums.

I've been investing with my SD IRA (CamaPlan is a great custodian, I have no financial interest) since 2012, in my business since 2014. I've done hard money lending (good experiences with Carolina Hard Money, no conflict of interest), I've done some rehab-resell deals, invested in a tax lien fund, own multifamily in the Lehigh Valley. I have an investor who wants me to buy a larger MF, but I cannot find one in my area. Currently looking throughout CO, SC, GA, NC. I'm looking to leverage his money along with bank financing to get into a bigger deal.

I have made mistakes and learned a lot.  A hard learned lesson is a well learned lesson.

What I think will be my focus going forward is notes....firsts, seconds, performing, non-performing.  I just signed up for a free online course through NoteSchool.com....does anyone have any feedback on them or on Scott Carson?  I'm looking for good training and I may also want to get a mentor for the first few deals.

I look forward to helping anyone who wants my help and also learning more about notes.

For those who are on the fence with investing, the best time to plant a tree is 20 years ago.  The second best time is now.

-Joe

P.S.  If you are from the Lehigh Valley, please send me a PM.  I'd like to expand my Master Mind group.  -JJT

Most Popular Reply

User Stats

49
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55
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Natasha Hunter
  • Investor
  • Raleigh, NC
55
Votes |
49
Posts
Natasha Hunter
  • Investor
  • Raleigh, NC
Replied

Scott Carson was my mentor and his material is great. He offers a Virtual Note buying for dummies 3 day seminar and it's pretty in depth. You can learn a ton from his videos and from the people he brings on his daily vlogs. You should also check out Chase Thompson's podcast, Note MBA. There is quite an active bunch from Scott's mastermind group in some of the Facebook Groups out there. The note industry is relatively small so it's actually pretty easy to get some guidance. There is a lot to learn in notes so my suggestion is to start listening but also start initiating. Initiate relationships with other note investors and asset managers (LinkedIn is a great tool for this). It's not instantaneous so getting started asap will be beneficial for you. I checked out a few sources before I decided to become a Scott Carson student but his information was plentiful and I liked his in your face type of style. 

Feel free to message me if you'd like any additional information about resources. 

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