All Forum Posts by: Shaine Mata

@Ayodeji Kuponiyi Thank you. I appreciate the links.

@Norberto Molina Welcome to BP. I'm rather new too. I have decided to focus on note investing. There are so many options, it turns out, in real estate that it doesn't make sense to try to learn everything. 

I live in Mission and attend the local REIA group meetings every month. They are a great opportunity to network with other investors.

I paid for a 3 day class on note investing if you're ever interested in learning what I learned. I'm saving up money to buy my first note, unless I learn how to find investors first. That's another skill to learn. 

Best of luck to you. 

@Hector Guerra and @David Slovak No, there are no promo codes that I know of. You can find the REIA group's membership fees at http://rgvreia.com/MembershipInfo.aspx

I thought the annual fee would be the best option for me as I intend on attending all meetings. 

This past meeting, we had the Hidalgo County Tax Assessor talk about how they value properties. It is not exactly related to note investing; but, it may be useful in the future if I ever need to foreclose on a note. 

I am rather new to note investing. I recently bought and attended a three day course on non performing notes. There is currently opportunity in notes due to the glut of toxic assets from 2008, which are finally making their way into the market. These can be highly profitable. Once that is over, it will be time to reinvent. The attraction of non performing notes is that they require less capital and can yield high returns. 

Less dependent on bad notes is the performing notes side of the business. These are less risky and provide a steady stream of income. Performing notes require more capital and yield decent returns. 

You need to know what kind of note investing you want to do. 

I would suggest some of the top resources, Noteschool with Eddie Speed, We Close Notes by Scott Carson, PPR with Dave Van Horn, and Note Queen with Dawn Rickabaugh. Carson and Van Horn hang out here on BP, if you want to look them up. From there, you can find resources for buying, selling, and servicing notes. 

Good luck. 

Hi @Miguel Manzano I am new to the industry as well. I live in Mission. I joined the RGV REIC for networking, although I've only been to one meeting. The second meeting, I was at a note investing seminar. 

Like you, I am saving up money to do my first deals. Rather than wholesaling, my interest is in note investing. 

I wish you and your partner the best of luck. 

I'll be up at UTSA to drop off my daughter over Memorial Day weekend. I am curious now. 

Hi Hector. Thanks for reaching out. The REIA site is https://rgvreia.com/

The one meeting I attended had people drive in all the way from Brownsville. There were a lot of experienced people there.

Beyond the networking, it's inspiring to meet people who are in the business.

@Armando Jalomo I think a conference call would be the simplest, unless there will be presentations. In that case a webinar would work.

I attended a note workshop this weekend, which was a 3 day class pitch. Even so, I learned enough about the note business to make me want to go all in. So, I signed up for the 3 day class. I felt a bit anxious about the decision as it is a big one for me. By the end of the day, as I thought about the possibilities to make it work, I grew more at peace. Now I'm excited despite having to figure out how to pay for travel to the class this summer.

If you do go virtual, I would like to participate. I live south of San Antonio. I will be up in SA over Memorial Day weekend taking my daughter to UTSA if you guys have a meetup around that time.