Note MBA

024: Plan Your Life & Business


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Robby is coming to us from the other side of the world once again.

We start out by focusing on the difference between vacation and travel and the emphasis on planning for whichever it is you’re actually doing.

Stop and ask yourself if there is something you want to experience, but you haven't yet. Vacation is an easy one, but decide what that is for you. Then plan your life to make it happen.

Jumping into some note business, Chase hits on how to up the response rates on bids your submitting. This topic came up during his trip to Miami and we discuss some reasons you may not be getting the response you want and a few tips to help you change that around.

As we continue to manage our business, we hit once again on managing your servicer. Something that should not be part of your business, but it is a necessary evil of the note business.

You can’t allow things to be left alone if you truly want them to be completed in a timely manner, as they should be done.

Just consider the costs incurred or income lost for each delay and then multiply that by the number of loans you currently own, or you hope to own to get a good idea of what these delays can cost you over time.

Lastly we give a quick update about the value of Stacey to Robby’s business and how she has been helping him within his business.

Since he’s been away he has been very hands off, but he’s anxious to get back to Florida in a few weeks to see how things are going.

Also, we have no loans up on NoteLinQ for a variety of reasons, but wanted to give everyone a heads up that they aren’t missing out on assets.

As always send you questions to [email protected].

Listen to this week’s show and learn:
  • The Importance of Vacation
  • How You're Self Sabotaging By Not Planning Your Life
  • Improving The Relationship With Asset Providers
  • The Role Expectations Play In Note Investing
  • Why Babysitting Your Servicer Is A Good Idea
  • Why A $2.99 Purchase Shouldn't Bring Your Business To A Halt
  • An Update On NotLinQ
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    • Thanks for listening to our show! We’ll be back next Wednesday morning.

      Cheers,

      Chase & Robby

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      Note MBABy Chase Thompson & Robert Woods | Note Investing | Real Estate Investing | Li