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Mastermind Groups
"Top 5 income producing strategies for 2011"
This was the topic for last nights real estate investors mastermind group. www.meetup.com/losangelesrealestate. I co-founded this group over 3 years ago with my friend Jeremy Roll. We both got tired of going to meetings that were low on substance & high on sales pitch aka the latest “get rich quick” scheme in real estate. We really just wanted to meet other investors to share ideas. We; instead of complaining about it we started our own groups. When we added Mathew Owens to our team, who leads FIBI-Long Beach we really started to take off ( he is younger than Jeremy & I, single & no kids so he has plenty of energy)
Well, the organization tops over 9 groups that meet in California, Arizona, Texas & re-opening soon in the greater Chicago area (sorry to the Chicago Bear fans they lost a tough game this past Sunday) If you would like to find out more, come & check us out www.meetup.com/losangelesrealestate (That’s my group but I also co-host one in Westlake Village in Ventura County with Heidi Toso & Kim S. Mills (Ventura County Investors Mastermind). We have a great group of friendly & knowledgeable people.
Well 2 of the top 5 strategies involved note investing ( buying discounted notes & private money lending). Although, The Note Guys buys notes nationwide, we have been able to uncover plenty of opportunities in note investing in our own backyard in Southern California. In fact, we drove a by few properties last week.
Many people ask, “Hey will you teach me how to buy notes & get great returns?”. Well, although Gerald (my fellow obsessed note investor & business partner ) & I really love sharing & teaching ( we may do another intro course in Orange County) we don’t make our living selling books, tapes, DVD’s, bootcamps or workshops. We are really focused on acquiring more & more notes to jont venture with our investors & clients. We know that this opportunity is so good right now we have to make the most of it.
There have also been many requests to also put together a note fund. Gerald & I were discussing that today while eating some delicious sushi ( he knows some really great places in Orange County) Although we may consider it in the future, for now we really like working one on one with a exclusive client list & joint venture partners. We don’t want to grow too fast.
The note business is a very specialized niche & we are even more specialized in what we look for. We are a bit unusual because we are focused on buying & keeping notes, not just note brokers. We also like buying non-performing notes….even 2nd trust deeds, which many people won’t touch (which is fine with us because that means less competition). We think of ourselves as “note rehabbers” because we improve the value of notes (We also prefer it to painting & rehabbing houses).
Note buying is a great way to create a long-term income stream without the hassle & expense of owning & managing rental property.
If we can help you diversify some of your capital, perhaps show you some alternatives, please give us a call or email us. The Note Guys 310-414-9757
[email protected], www.thenoteguys.com
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