Can you buy a note as easy as buying a new case for your phone?
This question will be answered in this episode of Noteschool with Joe Varnadore and his special guest, Dave Storton.
Dave is a retired police detective and he was the commander of the financial crimes unit. Before he went to Noteschol, Dave did a lot of things such as teaching special driving courses that included off-road driving and search and rescue personnel, fire department, and some civilian classes as well.
For Dave, he entered the world of Noteschool because he was looking for something that will help him continue building wealth for himself and his family. Coincidentally, he lives in an area where there are a lot of private investors who want to become passive earners.
His peer group is retired law enforcement who are also involved in the real estate business. They have cash on hand that they want to invest but at the same time, they don’t want to undergo the ups and downs of the stock market. They are at the time of their lives where they just want to experience a stable cash flow. And Dave was able to offer this stable cash flow to them.
In this episode, Dave is going to talk about the deal that he made where he used only private investor money.
Watch this episode and learn from Dave how easy it is to buy performing notes and be successful with them the Noteschool way.
Landlords are burning out. Tenants are behind on rent payments. Toilets are backing up.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
Follow us:
https://youtube.com/c/noteschool
https://www.noteschool.com/
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
Sunday, February 28, 2021
How to Invest Profitably Tax Free
Can you really use the special COVID rule to invest right now with your IRA, tax-free?
This question will be answered in this episode of Noteschool with Eddie Speed, Brian Lauchner, and Joe Varnadore, with their special guest, Kevin Stokes.
Kevin is an Apache pilot for Idaho Air National Guard. Joe and Eddie met Kevin and his wife Susan almost two years ago in a three-day class of Noteschool.
According to Joe, Kevin and his wife are what they call in Noteschool a “ninja” meaning they are buying or flipping a lot of houses.
For Kevin, at first, their goal is Buy and Hold properties. This is what they have learned but then he realized that he did not like the business of buy and hold. For this reason, he looked for a better way and this is why he landed at Noteschool.
Ever since Kevin and his wife met Eddie in Noteschool they started learning and analyzing notes because they are interested in investing. For so long they are trying to move out of the buy and hold mentality.
Learning and usings notes have become Kevin’s way of leveling up and thinking bigger. And now they have a business in nine states
Kevin took advantage of a program that started as part of the “Cares Act Distribution” that was launched last March 2020 by using his IRA.
If you are interested in learning how Kevin was able to invest in notes by taking a chance in using this program continue watching this video.
Take advantage of a Special Covid Rule – “Cares Act Distribution” that allowed one of our students to take a $153,000 Distribution from a Corporate 401K.
Landlords are burning out. Tenants are behind on rent payments. Toilets are backing up.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
Follow us:
https://youtube.com/c/noteschool
https://www.noteschool.com/
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
This question will be answered in this episode of Noteschool with Eddie Speed, Brian Lauchner, and Joe Varnadore, with their special guest, Kevin Stokes.
Kevin is an Apache pilot for Idaho Air National Guard. Joe and Eddie met Kevin and his wife Susan almost two years ago in a three-day class of Noteschool.
According to Joe, Kevin and his wife are what they call in Noteschool a “ninja” meaning they are buying or flipping a lot of houses.
For Kevin, at first, their goal is Buy and Hold properties. This is what they have learned but then he realized that he did not like the business of buy and hold. For this reason, he looked for a better way and this is why he landed at Noteschool.
Ever since Kevin and his wife met Eddie in Noteschool they started learning and analyzing notes because they are interested in investing. For so long they are trying to move out of the buy and hold mentality.
Learning and usings notes have become Kevin’s way of leveling up and thinking bigger. And now they have a business in nine states
Kevin took advantage of a program that started as part of the “Cares Act Distribution” that was launched last March 2020 by using his IRA.
If you are interested in learning how Kevin was able to invest in notes by taking a chance in using this program continue watching this video.
Take advantage of a Special Covid Rule – “Cares Act Distribution” that allowed one of our students to take a $153,000 Distribution from a Corporate 401K.
Landlords are burning out. Tenants are behind on rent payments. Toilets are backing up.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
Follow us:
https://youtube.com/c/noteschool
https://www.noteschool.com/
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
Eddie Speed - Note School TV LIVE! - The State of the Industry!
Every Wednesday at 11 am CST, Eddie Speed and his team go LIVE on Facebook and YouTube.
This upcoming Wednesday, we have a special show! Eddie Speed will be sharing the State of the Industry. He has often referred to the period we are in as “Watching a Car Crash in Slow Motion”...
Plus: Why There Has Never Been a Better Time to Learn Creative Financing.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
https://youtube.com/c/noteschool
https://www.noteschool.com
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
https://noteschool.libsyn.com/rss
https://www.stitcher.com/s?fid=582689&refid=stpr
Feeding Frenzy Friday - https://www.youtube.com/playlist?list=PLlnRAH9r5oIEKBJjHoOgZbGZexoOl1s6H
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
This upcoming Wednesday, we have a special show! Eddie Speed will be sharing the State of the Industry. He has often referred to the period we are in as “Watching a Car Crash in Slow Motion”...
Plus: Why There Has Never Been a Better Time to Learn Creative Financing.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
https://youtube.com/c/noteschool
https://www.noteschool.com
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
https://noteschool.libsyn.com/rss
https://www.stitcher.com/s?fid=582689&refid=stpr
Feeding Frenzy Friday - https://www.youtube.com/playlist?list=PLlnRAH9r5oIEKBJjHoOgZbGZexoOl1s6H
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
Mortgage Note Case Study With Eddie Speed - Real Estate Investing
PROPERTY overview:
- Class D- property that was neglected and very distressed - termites, bad roof, no heat or AC, bad wiring and plumbing
- Original plan was to remodel for a rental (would have lowered the rehab costs by perhaps $5k) but a visit in Jan '19 changed our plans
- Upon joining NoteSchool in Jan '20 we flipped to selling this house and holding the note
- We did the demo and gutted it and used our contractors to add a new roof, added HVAC, repair termite damage, new electrical, new plumbing) and remodeled the entire interior
- Highly stable workforce neighborhood with long term home ownership and few rentals
- Low crime, excellent elementary and middle school within the community
- Purchased the property in 2017 using money out of pocket and a small 2 year note and which we paid off prior to closing
- At the time of sale (July '20) we were at $88,770 (in the property) = $58,250 (purchase) + $30,500 (rehab)
NOTE TERMS overview:
- Sales price of $145,000
- PBB Buyer, D-F Qualified, $4000 down, escrowed T&I
- Note Price $141,000 which we papered using a Title company as $98,750 (sales price to lower tax basis) + $46,250 (repair cost) @ 6.5% for 360 months
- PI of $891.22
- Secured a PLEDGE at the time of closing for $40,000 for 4 years at 6% to recoup the rehab costs and 10k above that
- We plan to secure additional Pledges when this one expires as well as consider Partials
FINANCING overview:
-$88770
- funds in the house+$4000
- down payment+$40000
- Pledge+$141,000
- 30 year Principal over time+$179,838
- 30 year Interest over time-$45091 - Pledge payments over time
========================
+$226,977 Profit
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
Follow us:
https://youtube.com/c/noteschool
https://www.noteschool.com/
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
- Class D- property that was neglected and very distressed - termites, bad roof, no heat or AC, bad wiring and plumbing
- Original plan was to remodel for a rental (would have lowered the rehab costs by perhaps $5k) but a visit in Jan '19 changed our plans
- Upon joining NoteSchool in Jan '20 we flipped to selling this house and holding the note
- We did the demo and gutted it and used our contractors to add a new roof, added HVAC, repair termite damage, new electrical, new plumbing) and remodeled the entire interior
- Highly stable workforce neighborhood with long term home ownership and few rentals
- Low crime, excellent elementary and middle school within the community
- Purchased the property in 2017 using money out of pocket and a small 2 year note and which we paid off prior to closing
- At the time of sale (July '20) we were at $88,770 (in the property) = $58,250 (purchase) + $30,500 (rehab)
NOTE TERMS overview:
- Sales price of $145,000
- PBB Buyer, D-F Qualified, $4000 down, escrowed T&I
- Note Price $141,000 which we papered using a Title company as $98,750 (sales price to lower tax basis) + $46,250 (repair cost) @ 6.5% for 360 months
- PI of $891.22
- Secured a PLEDGE at the time of closing for $40,000 for 4 years at 6% to recoup the rehab costs and 10k above that
- We plan to secure additional Pledges when this one expires as well as consider Partials
FINANCING overview:
-$88770
- funds in the house+$4000
- down payment+$40000
- Pledge+$141,000
- 30 year Principal over time+$179,838
- 30 year Interest over time-$45091 - Pledge payments over time
========================
+$226,977 Profit
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
Follow us:
https://youtube.com/c/noteschool
https://www.noteschool.com/
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
Are There Limitless Penalty Box Buyers in Facebook Marketplace?
Do you want to know how to sell a property across the country in 48hrs with no realtor?
On this episode of NoteSchool Tv, Eddie, Joe, Brian, and their special guest Larry Gill will show you exactly how to make this deal possible.
If you are interested in taking part in the notes business this coming year, watch this video and once again learn from Eddie Speed.
Timestamp:
0:01 - Teaser
0:02 - Introduction
1:47 - Breaking News
5:57 - Eddie Speed’s thoughts about the marketplace
7:35 - Today’s guest: Larry Gill
8:40 - Powerpoint presentation
16:53 - Eddie Speed’s comment on the deal
27:47 - Feeding Frenzy Friday/ Notes Direct
30:03 - After Party
Landlords are burning out. Tenants are behind on rent payments. Toilets are backing up.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
Follow us:
https://youtube.com/c/noteschool
https://www.noteschool.com/
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
Feeding Frenzy Friday - https://www.youtube.com/playlist?list=PLlnRAH9r5oIEKBJjHoOgZbGZexoOl1s6H
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
On this episode of NoteSchool Tv, Eddie, Joe, Brian, and their special guest Larry Gill will show you exactly how to make this deal possible.
If you are interested in taking part in the notes business this coming year, watch this video and once again learn from Eddie Speed.
Timestamp:
0:01 - Teaser
0:02 - Introduction
1:47 - Breaking News
5:57 - Eddie Speed’s thoughts about the marketplace
7:35 - Today’s guest: Larry Gill
8:40 - Powerpoint presentation
16:53 - Eddie Speed’s comment on the deal
27:47 - Feeding Frenzy Friday/ Notes Direct
30:03 - After Party
Landlords are burning out. Tenants are behind on rent payments. Toilets are backing up.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
Follow us:
https://youtube.com/c/noteschool
https://www.noteschool.com/
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
Feeding Frenzy Friday - https://www.youtube.com/playlist?list=PLlnRAH9r5oIEKBJjHoOgZbGZexoOl1s6H
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
Why will 2021 be a Banner Year for Mortgage Note Investors - Real Estate Investing
Eddie Speed's State of the Mortgage Note Industry.
Why will 2021 be a banner year for Note Investors?
This question will be answered in this episode of Noteschool with Eddie Speed and Brian Lauchner, as Eddie delivers the “State of the Mortgage Note Industry”.
“We are taking out 2020 with a bang and we are entering 2021 with clarity and vision.” - Eddie Speed.
What Eddie is excited to share with everyone today is this hopefully factual data (as Eddie would say) that could help everyone make some good business decisions.
If you are interested in taking part in the notes business this coming year, watch this video and once again learn from Eddie Speed.
Landlords are burning out. Tenants are behind on rent payments. Toilets are backing up.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
Follow us:
https://youtube.com/c/noteschool
https://www.noteschool.com/
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
Why will 2021 be a banner year for Note Investors?
This question will be answered in this episode of Noteschool with Eddie Speed and Brian Lauchner, as Eddie delivers the “State of the Mortgage Note Industry”.
“We are taking out 2020 with a bang and we are entering 2021 with clarity and vision.” - Eddie Speed.
What Eddie is excited to share with everyone today is this hopefully factual data (as Eddie would say) that could help everyone make some good business decisions.
If you are interested in taking part in the notes business this coming year, watch this video and once again learn from Eddie Speed.
Landlords are burning out. Tenants are behind on rent payments. Toilets are backing up.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
Follow us:
https://youtube.com/c/noteschool
https://www.noteschool.com/
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
After Party - Are There Limitless Penalty Box Buyers in Facebook Marketplace?
After NoteSchool Tv live, join the after-party and throw in your questions about the mortgage notes business.
Questions for the after-party:
Did Larry send any of the interested buyers to an RMLO (Residential Mortgage Lending Officer)? 0:29
What do you pay an RMLO? 1:53
Is it really difficult to apply these concepts to commercial properties? 5:20
Who were the boots on the ground? How do you find folks that are not real estate agents? 8:00
Time Stamp:
0:01 - Intro
0:29 - Question from Glamor Property
1:53 - Question from Allan
5:20 - Question from Michael from Atlanta
8:00 - Question from PeggyShupe
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
https://youtube.com/c/noteschool
https://www.noteschool.com
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
https://noteschool.libsyn.com/rss
https://www.stitcher.com/s?fid=582689&refid=stpr
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
Questions for the after-party:
Did Larry send any of the interested buyers to an RMLO (Residential Mortgage Lending Officer)? 0:29
What do you pay an RMLO? 1:53
Is it really difficult to apply these concepts to commercial properties? 5:20
Who were the boots on the ground? How do you find folks that are not real estate agents? 8:00
Time Stamp:
0:01 - Intro
0:29 - Question from Glamor Property
1:53 - Question from Allan
5:20 - Question from Michael from Atlanta
8:00 - Question from PeggyShupe
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class:
https://new.noteschool.com/TV
Latest Class Information:
https://noteschool.com/3-day-classes/pop/
Download a Brand-New eBook by Eddie Speed
It’s A Whole New Ball Game With Creative Financing
https://lp.noteschooltraining.com/moneyball-getstarted
https://youtube.com/c/noteschool
https://www.noteschool.com
https://www.facebook.com/thenoteschool
https://www.linkedin.com/company/noteschool/
https://www.linkedin.com/company/colonial-funding-group-llc/
https://twitter.com/thenoteschool
https://www.instagram.com/thenoteauthority/
https://noteschool.libsyn.com/rss
https://www.stitcher.com/s?fid=582689&refid=stpr
#NoteSchool #EddieSpeed #RealEstate #MortgageNotes
Watch Video
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