All Forum Posts by: Dan Deppen

I have an upgraded Grammarly account that I use to rewrite paragraphs for newsletters. Admittedly, I'm a late adopter of a lot of the AI stuff, but I think it's still a little immature for some of the higher-level use cases you mentioned.

I recommend reading Bulletproof Title Due Diligence by Alex Goldovsky.

1/ A lot of people are funding deals using hypothecations.

2/ More people doing npn's in NY than I expected.

3/ There are opportunities to table fund seller finance deals.

4/ I suck at ax throwing.

I've heard of people selling loans with guarantees, but I haven't been involved with one myself, nor do I know anyone who exercised the option. Would the option also have an expiration date or last the life of the loan? Beyond the complexity of unwinding the transaction and reassigning it, you would also have to compensate for the payments received by the buyer before it went delinquent. Also, does the buyer need to exercise it right at 90 days? If I was the seller and they came back with a loan that was 18 months delinquent and vacant I would be pretty annoyed. It feels like there is an awful lot of complexity, but I'm interested to hear what experiences others have had.

The other benefit of converting it to a mortgage is that it will be more valuable if you resell the loan. I've done this with several contract for deeds.

It looks like he nuked his whole channel.

I've customized Pipedrive to track assets, set reminders, track what needs to be done, set due dates, keep historical notes, etc. That's not really the intended use of Pipedrive, it's a CRM that I've kind of bastardized to make work for tracking notes. But it works well for me.

Also out of curiosity, what was the number of notes you hit when you felt like you needed a tool to manage them?

Sherman Arnowitz is going to join me (Dan Deppen) again for another webinar on investing in second-position notes. Sherman is a true expert on seconds and has been active in the space for over 20 years.

I'll pick his brain on topics including:

• Setting goals
• Due diligence for seconds
• How to analyze second position notes
• Pricing for seconds
• Foreclosing from second position
  
• And more...

If you can't attend live, you can still register to get the replay. 

To register for the webinar you can go HERE.

 I got 12 recently, 14 I see a lot.

Learn how to buy, analyze, manage, and profit with mortgage notes! This is a 3-day virtual boot camp that includes all of the recordings.

We'll cover where to find note deals in 2024, due diligence for notes, pricing performing and non-performing notes, as well as portfolio management and creative financing.

There are 8 speakers, each with decades of experience. 

You can get more details and buy tickets here: https://note-investing-virtual-workshop.heysummit.com/