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046: The 9 Million Dollar Mindset
Today’s show is an introduction to our upcoming pivot.
Its going to be a short show today because we want to introduce you to a deal that Robby is working on right now that we will be highlighting as we move the show forward.
With an initial focus on mindset, we go into a quick discussion focused on how good deals find the money if you know who to get in contact with.
Robby is working on a deal that is going to need $9 million in funding for acquisition and improvements over the investment period. Robby breaks down an analogy regarding restaurants and how you baby step yourself up in deal level. As with all good things it takes time, but if you focus on where you want to go you can get there.
We then jump into some listener questions regarding the setup of an LLC, picking a servicer, and some of the other small tasks that need to be completed prior to getting your note business going.
As it goes for the LLC, we both suggest going to Laughlin to take care of the entity setup and your corporate veil protection program. Our current recommendation on a servicing company surrounds taking one note and putting them with each of the companies you are thinking about using.
You will be able to develop your own key relationships and experience the backend systems that will help you filter out the company you prefer over the others.
Chase points out the value of having an appropriate e-mail address for your LLC/website so that you’re coming off with a professional appearance and you’ll be able to interface with a mail system like MailChimp that much easier.
We close out with some upcoming highlights from the deals we are working on at this very moment. Stay connected and let us know if you have any questions we can answer.
Don’t forget to join us at the Note Expo is November 6th and 7th in Dallas.
Also, we’ve gotten some killer feedback on the startup consulting and the pivot for the show. If you want to chime in, have any questions, or comments send them our way at [email protected].
Listen to this week’s show and learn:
Listening Options:
Thanks for listening to our show! We’ll be back next Wednesday morning.
Cheers,
Chase & Robby
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By Chase Thompson & Robert Woods | Note Investing | Real Estate Investing | LiToday’s show is an introduction to our upcoming pivot.
Its going to be a short show today because we want to introduce you to a deal that Robby is working on right now that we will be highlighting as we move the show forward.
With an initial focus on mindset, we go into a quick discussion focused on how good deals find the money if you know who to get in contact with.
Robby is working on a deal that is going to need $9 million in funding for acquisition and improvements over the investment period. Robby breaks down an analogy regarding restaurants and how you baby step yourself up in deal level. As with all good things it takes time, but if you focus on where you want to go you can get there.
We then jump into some listener questions regarding the setup of an LLC, picking a servicer, and some of the other small tasks that need to be completed prior to getting your note business going.
As it goes for the LLC, we both suggest going to Laughlin to take care of the entity setup and your corporate veil protection program. Our current recommendation on a servicing company surrounds taking one note and putting them with each of the companies you are thinking about using.
You will be able to develop your own key relationships and experience the backend systems that will help you filter out the company you prefer over the others.
Chase points out the value of having an appropriate e-mail address for your LLC/website so that you’re coming off with a professional appearance and you’ll be able to interface with a mail system like MailChimp that much easier.
We close out with some upcoming highlights from the deals we are working on at this very moment. Stay connected and let us know if you have any questions we can answer.
Don’t forget to join us at the Note Expo is November 6th and 7th in Dallas.
Also, we’ve gotten some killer feedback on the startup consulting and the pivot for the show. If you want to chime in, have any questions, or comments send them our way at [email protected].
Listen to this week’s show and learn:
Listening Options:
Thanks for listening to our show! We’ll be back next Wednesday morning.
Cheers,
Chase & Robby