Should I invest in notes funds or individual trust deeds?
This is a very insightful article by Lew Sichelman. http://www.marketwatch.com/story/invest-in-trust-deeds-not-companies-pitching-them-2011-05-13 He is a nationally syndicated columnist who writes for Realty Q & A Lew has been covering the housing market for more than 40 years, responds to readers’ questions on real estate. We here at The Note Guys only deal with individual trust deeds. Although [...]
Read more »Wealth Lesson from Charlie Munger: Creating a “compounding machine” of note income
I am currently reading a great book recommended by Tim Ferriss, author of “The Four Hour Work Week” & more recently “The Four Hour Body”. The book is called “Poor Charlie’s Almanack- The Wit and Wisdom of Charles T. Munger by Charles T. Munger. Charlie Munger is the lesser know genius behind Berkshire Hathaway. Warren [...]
Read more »Guest Speaking Event at The Ventura County Real Estate Club
I have been invited to speak at the Ventura County Real Estate Investment Club on February 10th at 6:30pm. The meetings are held on the 2nd Thursday of the month at Marie Callenders restaurant, in Simi Valley. I will be discussing trust deed & note investing basics. My goal is to present practical applications [...]
Read more »Top 5 income producing strategies for 2011
This was the topic for last nights real estate investors mastermind group. 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 [...]
Read more »Defaulted mortgages & Note Investing
Defaulted mortgages are included in the range of specialized investments for savvy investors who recognize opportunity in economic downturns such as we are experiencing now. With the crash in the prices of houses and the lack of liquidity in the lending market, many investors need to consider defaulted mortgages now as an investment choice for a portion of their investment allocation.
Read more »Supply of Non-performing paper
I read this a few days ago which aligns with the information I received at the note summit attended with Gerald in Denver. The Federal Reserve Bank of New York (the Fed) is pushing Bank of America (BofA) to buy back a portion of the mortgages they packaged or acquired and then sold to mortgage-backed [...]
Read more »The hidden opportunity with 2nd Trust Deeds
Gerald(the other note guy) & I had a wonderful lunch with a fund manager last week. We were discussing the opportunities available investing in 2nd trust deeds. We were both very excited to learn about their approach to controlling millions in dollars of debt for pennies on the dollar. If you have been to one [...]
Read more »New Note Class! with The Note Guys & The Note Queen
We are teaching a class on Secured Income For Life with Note Investing Saturday @ 9am-3pm. in Los Angeles 10601 Washington Bl. Culver City,CA (310)280-9196 $199 2 classes in 1! Note Investing & Creative Financing ) What is a note? Types of notes: 2) Benefits of note investing Comparison of alternative investments How much can [...]
Read more »Definition of financial freedom
When you hear the words “Financial Freedom”, what images come to mind? For me it’s being able to choose how I spend my time without regard to cost. I always picture looking out over a balcony to a beautiful ocean vista. It also meant a certain “number” for net worth. My perception & definition was [...]
Read more »Getting started in note investing
I got started in note investing in Los Angeles out of sheer frustration. I was trying to buy single family homes in foreclosure in 2001. I was diligently knocking on doors of people in foreclosure & going to trustee auctions and getting either outbid at the courthouse steps or getting doors slammed in my face. [...]
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