Today we dive in with an update Note Hustle with Chase. He describes a brand brief for new clients to assess where they’ve been, what they’ve been doing to get there, and where they want to be going. Staying consistent is important. He is working on his weekly e-mail that details a year in review focusing on Starts, Stops, and Keeps. One of the important messages in this week's email is:

Your systems are perfectly designed to yield the results you’ve gotten.

Some additional website progress for Note MBA into a usable site for our listeners. Please let us know what you think about these show notes. Robby fights though a cold to tell you about three physical properties he is handling that all came to him through his note business.

1. He’s removing mold to get a jump start on renovations and using the remediation as a guise for property preservation
2. Dealing with a post foreclosure tenant that has already had 6 months of free rent and doesn’t want to stay or pay
3. A third property that needs a handful of repairs, the largest undertaking being a concrete block wall that needs foundation work, but is shared with an adjoined townhome (He’s called Code Enforcement and the Building Department, but we won’t have good updates for a few weeks)

We also talk about our time in San Diego at Scott Carson’s mastermind group. During the week 55 other note investors looked through over 3,000 nonperforming 1st liens on residential properties. We also met Greg Reid, author of over 40 books and a writer for the Napoleon Hill Foundation. He stopped by to talk with the group. As the quote goes: “Leaders are Readers” below is a list of books Greg gave away to the group and suggested we pick up copies of any we didn’t receive.

• 3 Feet To Gold
• Acres of Diamonds
• The Mind of Super Achievers
• Universal Wish
• Magic: You Are It, Be It
• Stickability
• Thoughts Are Things

Robby’s friend with the desire to be a note investor gets tested on his due diligence. Before diving into the numbers on the deal Chase and Robby review some questions asked by this potential JV investor regarding costs, transparency, and the structuring of a JV deal that needs additional capital invested.

Sending a “bad deal” is most likely something that you wouldn’t do with a standard investor, but reality hits his potential investor regarding the keys to evaluating a deal when someone says you need to start with two numbers: Valuation and Taxes. Sometimes what you find online isn’t accurate and you need to make a couple calls to get down to the real story.

Taking the time during the holiday slowdown to review goals from 2014 and focus on the successes and start planning 2015 personal and business goals. Make sure you get them on paper so you have a way to track your progress

“Just out of curiosity?” Hear about Chase’s four-word phrase that every note investor should be using when talking to potential investors about their returns.

We hope everyone had a great holiday and look forward to seeing you in the New Year! If you have any questions, comments, or a rich uncle, be sure to send us a message at: [email protected].

 Listen to this week’s show and learn:

• Email Marketing & Consistency
• Starts, Stops & Keeps
• Website Updates
• Multiple Updates On Current Deals
• Big List Of Book Recommendations From Greg Reid
• JV Partner Due Diligence
• 2014 Year In Review
• Just Out Of Curiosity

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• Or click here to check out the site

Thanks for listening to our show! We’ll be back next Wednesday morning.

Cheers,

Chase & Robby