All Forum Posts by: Denise Ross

Dion is correct. Banks today heavily screen, verify who they "work" with in a "vendor"type role, and Includes all banks regardless of size (National, Regional, Community). I work with CRE Asset Managers (not in a Note role) and it falls under the capacity of a KYClient due diligence.

Just wanted to provide info on my  experience in trying to evaluate whether the Notes space is a business opportunity.

Today I signed up/emailed the online Eddie Speed Note School Big Money event. 

I then received an email which asked that I fill out a "Pre- Class Questionnaire".

The questionnaire included questions as to what amount is available for investing in notes, investment in real estate, iras, stocks. etc.

So, in order to sign up/attend the class, you need to first fill out a questionnaire to determine whether you the appropriate "investor" profile.

My guess is that the NPN Note Educators (I've attended others) work with Hedge Funds, etc. who have purchased pools of notes. The Hedge Funds use the NPN Note Educators to find students/investors to buy the individual notes that the Hedge Funds want to unload quickly.

The properties are generally in "unprofitable"  zip codes.
 

Hi,

Thanks for the info.

@J Scott No, I am not an Eddie Speed affiliate. In doing my due diligence for a product or service I try to speak with direct users of the product or service, including Real Estate Investor practitioners.

Thank you for the update thread on Eddie Speed. It was very informative, not only in terms of additional education on Note Investing but also how current, successful Note Investors are making money.

BP provides info on "Best Practices" for a Real Estate investor.

Hi,

Has anyone attended the Eddie Speed "The $ from Bad Debt" seminar.

It discusses NPN loans from Hedge Funds. Tks