Follow along as we briefly touch on three simultaneous timelines occurring on a Florida note Robby is working: 1) Evicting a former tenant via an unlawful detainer due to adverse possession 2) Purchasing title from an HOA post foreclosure 3) Dealing with a 2nd lien filed 1st in time. When you’re having trouble making contact with an occupant, try using a vacancy sticker to get the occupant to reach out to you.  This is a technique Robby implemented by having another member of his Tribe post on the property for him.  Realize that when you’re new to the note business all these “issues” are part of the 10,000 hours you need to put in to become an expert at something, and that when these “issues” cost you money you need to chalk it up as “Life Tuition.”  Changing how you evaluate note purchases as you see more scenarios and realizing there is an abundance of inventory in the marketplace and to be as conservative as you need to be.

 

We slightly digress around 18:45 regarding Fiverr.com, but keep listening; there is a hidden message about valuing your time, not to mention that Fiverr.com is a great resource for your business.  Check out www.NoteHustle.com if you need help with your website, email marketing, blogging, etc.  Chase is a master at online marketing and is offering up his specialized talent to note investors that take action in their business.  Lastly, Robby has a potential new JV investor, but he needs to set realistic expectations as this investor has been doing his own research and knows just enough about note investing to get in trouble.  More on how this potential JV investor turns into an actual investor in episode 5. If you have any questions, comments, or a rich uncle, be sure to send us a message at: [email protected]

 

-Post Foreclosure Eviction, It is going to happen sooner or later

            -A case study for you to check out

-Don’t do what the shady attorney suggested

-Using a Vacancy Sticker to make contact

-Using a case study to align expectations and provide a proof of concept

-Changing how you evaluate a note purchase upfront, the algorithm isn’t static

-Putting in your 10,000 hours and the investment in “Life Tuition”

-Using www.Fiverr.com as a resource for your business

-Placing a value on your time, and the time of others

-Introduction to the Note Hustle webinar, marketing within the note business