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All Forum Posts by: Brett Synicky

Brett Synicky has started 25 posts and replied 725 times.

Post: Rising interest rates

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

Note buyers,

I'm wondering how you will modify (if at all) your business model when interest rates increase?? I bring this up since the Fed recently said they were going to systematically reduce the 85 billion they've been purchasing mortgage bonds with each month for the past couple years which will no doubt cause interest rates to rise. What do you think??

Post: Note investing mentoring

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

I am and I was more referring to the note they provide you as part of the mentoring package. Thanks Ellis.

Post: Note investing mentoring

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

Those of you that participated in ppr's mentoring and received the note to work while learning, how good/bad was that note?

Post: Note investing mentoring

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

I'm not sure yet Joe. I'm not sure if that's even where I'm going to start.

Post: Note investing mentoring

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

I've heard that. I think the key is closely monitoring the senior lien to ensure homeowner stays current.

Post: Note investing mentoring

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

@Account Closed both. I'm thinking I should start with re-performing notes so I can still get them well under face value and fmv but without the extra work necessary to get a non performing note performing again. Once I transition out of my 9-5 I'll focus on non performing 2nds so I can get the best deals with the most upside possible. At least that's my plan as it is in its infancy.

Post: Note investing mentoring

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

@Alberto Artasanchez did you also take his performing note or non-performing note courses?

You mentioned working in wall st, were you working a 9-5 when you took his course(s)? If so, how were you able to balance the two and eventually transition out of wall st and into you own note biz?

Thanks!

Post: Note investing mentoring

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

After hearing Dave Van Horns podcast with Josh and Brandon, I became very interested in note investing. While I'm not a huge fan of "gurus" PPR seems like an upstanding company and Dave seems like an honest guy that truly wants to help people. With that being said I'm looking to jump start my note investing career and what better way than to get a note of my own to learn with and get great advice from very experienced people. I also believe that helping people and making money go hand in hand so the non/reperforming 2nds that PPR focuses on interests me greatly!

My question is just part of my due diligence.

Hope that answers your question!

Post: Note investing mentoring

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

I'm wondering if anybody in the BP Nation (thanks Will Barnard) has taken Dave Van Horn's PPR Mentoring program? If so can you please comment on your personal results?

Thanks!

Post: Newbie in Pasadena CA

Brett Synicky
Posted
  • Solo 401k and SDIRA Consultant
  • Orange, CA
  • Posts 751
  • Votes 372

Welcome to BP @Emma Green ! I also live in LA and invest all out of state. It can be done! Good luck and happy investing!