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Updated over 6 years ago on . Most recent reply
PPR Note Course
Has anyone taken the note course from PPR Note Academy? It can be found here: http://www.pprnoteacademy.com/courses-workshops/we...
I'm looking for any feedback either way.
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- Wayne, PA
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Thanks for the mention @Chris Seveney
Hi @Account Closed
Chris is correct. We no longer provide formalized coaching but now offer a standalone note course. Unfortunately since I wrote it, I can't exactly review it but I can go into a little more detail about what you'll find in the course itself.
I guess the easiest way to describe it would be that it's essentially an elaboration on our Introduction to Note Investing E-book with much more detail on both the Performing and NPN side of the business.
So it's 100+ pages that basically go through the life cycle of a loan explaining every step of the way. So we cover Sources of Capital, Finding Notes, Due Diligence, The Financials of Note Investing (with more in-depth case studies), Managing Risk, Exit Strategies/Borrower Management, Recapitalization, Note Contracts, etc.
It also features a robust 17 page note glossary, FAQ's, and comes with a slew of sample documents and forms like an Accounting Template, an Assignment of Deed of Trust, a sample Billing Statement, Credit Report (Sample), a sample Deed of Lieu of Foreclosure, a sample Discounted Payoff, a sample Fair Debt Collection Letter, Homeowner Authorization Template, Homeowner Options Letter (Sample), a sample Note and Mortgage, RESPA Letter (Sample), and Satisfaction of Mortgage or Deed (Sample), just to name a few.
And although we no longer mentor, I should add we do have free Note Investor Q&A's calls bi-monthly that I host with my business partner who is the director of Borrower Management at PPR. He's personally worked thousands of loans, so between the two of us we can answer pretty much any deal question you may have.
But I understand some investors want more hands on training and there are mentors/coaches out there for different price levels. If I were to personally recommend one, a former student of mine who is on the site (@Bill McCafferty) has just started a program of his own. So if that's what you're interested in, you may want to reach out.
If you have any other questions feel free to reply on here or message me directly, I'd be happy to answer them.
Best,
Dave