We open the show up with some listener questions ranging from how to set up your Joint Venture documents to how investors should wire their money over to you.

We also go over banking for Joint Venture deals and how the Joint Ventures are structured.

Another listener wrote in asking about reaching out to borrowers when your servicer seems to be falling short of holding up their end of the bargain.

We think this a great way to help advance your business, but it also gives a bunch of potential for you to slip up and break some laws under FDCPA and CFPB.

We toss the idea out of having a webinar to educate our listeners about FDCPA and how you can protect yourself while going after borrowers and making direct contact. Let us know what you think if this is something you would be interested in at [email protected]

Robby is working on a few different aspects of Cash for Keys regarding some assets he has in Chicago, Columbus, and Miami. Robby runs through some numbers and we speak about the psychological and financial aspects that go into picking a number to start offering up as starting point for Cash for Keys.

Stay tuned to hear how these three situations work out in the coming weeks.

We briefly discuss using your self directed IRA to put out an option on a note and using that option to really supercharge the balance of your account.

On our new section of the Rumor Mill & Industry News we discuss a new foreclosure issue showing up in Ohio.According to our listener David Putz.

And we finish up with some rumors that second position liens seem to be drying up from the top down and access to new notes is getting scarce.

Robby’s final note was on a new service he will be using in Orlando to save time and let someone else do his grocery shopping for him by signing up for Shipt.

Check it out if you’re in one of their current markets and let us know what you think.

Please take a minute and write us at [email protected].

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

Cheers,

Chase & Robby