I'm a newbie to note investing. Done very exhaustive research on the subject and would love to hear your experience when you first started baying your first Note. (what, how, where)

At the moment I have 20k - 30k to deploy

This is my goal : buy my first note and flip it or get a loan( based on that Note) to by my next Note.

What you guys think I should go first Performing Note or Non-performing. My goal is to Recapitalize ASAP. and eventually reach my goal of 6 Performing Notes for cash flow. And continue growing my Note portfolio.

it be a great idea to find a partner someone trustworthy to see how this is done hands on. I know I have lots to learn but not going to sit and just watch

I'm ready to "Jump in the Note Investing business"

Would love to hear how someone did just that.

Appreciate all your comments

0 Votes

12 Replies

Jump to Last Reply

Most Popular Reply

117
Posts: 89
Votes

Richard Allen

Pro Member

Specialist
Orlando, FL

Richard Allen

Pro Member

Specialist
Orlando, FL

Replied March 27, 2017 09:42

Vendor List

Inventory

www.fciexchange.com – the “original” trading platform, linked to their servicing arm so it usually has inventory.

www.notesdirect.com – Note School site, has some deals, not sure if open to public yet.

www.Debtx.com – Mostly pools of assets on this site, signup fee, big players at this site (newbies proceed with caution.)

Note Education

Note School http://noteschool.com/ This is the most extensive education available, the cost is on the higher end. Note School was created by Eddie Speed, who has been in the space for more than 30 years. Without a doubt, this is the “Harvard” of the note space.

We Close Notes - http://weclosenotes.com/ This is lead by Scott Carson. Scott offers several training options and Facebook Live updates.

PPR Note Co – This one is lead by another industry influencer, Dave Van Horn. You can do everything from learn how to invest in notes, to participate in his fund.

RESOURCE SITES

(Greatest vendor mgmt site)
(breaks down area demographics, crime rates, income, housing)
(virtual Drive bys on the house and surrounding area)
(for public records research)
Zillow.com (value)
Pacer.gov (Bankruptcy info)
Narrpr.com (if you are a realtor this is a great source for information)
Homesnap.com (value)
Realquest.com (this is a pay site, good for information) www.express.realquest.com
Wegolook.com (awesome site, pay someone to go out and look at property for you and inspect it)
http://shackshout.com/ (research site)
http://www.rentometer.com/ (Great site to get rental rates)
http://www.gosection8.com/ (Section 8 Rentals)
http://www.foreclosurelaw.org/ (foreclosure information)