Robby is issuing an official apology, not required by Chase because today’s show has no intro, so if this week is your first week listening to the Note MBA Podcast, please forgive him!

After a long day of travel up to Atlanta our show this week takes on more of a rant than adding any specific note investing value; unless you consider the importance of showing up, taking action, and playing nice along the way valuable.

First stop in Atlanta was the College Park fire condo that has yet to be repaired. If you recall from our past episodes that the fire took place in October while Robby was traveling in Costa Rica, you won’t have too much trouble understanding why he’s upset the repairs haven’t been completed yet.

The story he tells does run on a bit, but ends with a tidbit about knowing when to drop things from your life that don’t have value. As time goes on it seems that this property is providing less and less value due to an uncooperative HOA board. To be continued on this one as Robby has sent this off to his legal counsel in Atlanta to deal with the issue.

Chase currently holds in his possession an early release of a new book by his friend Chris Smith called The Conversion Code. Though not 100% directed at the real estate investor, or the note investor for that matter, Chase feels that this book will provide a ton of value for anyone looking to do more business. We'll bring you the full scoop in a future episode.

Stop two in Atlanta for Robby was an absolutely destroyed three bedroom, two bath home that he picked the non-performing note up on for almost free. There is a very large outstanding tax balance on the parcel that he will need to do some creative research on to get lowered; but if he’s successful the property will be a very nice home once remodeled with an estimated $40-45,000 budget and rents around $1,200 per month. Not a bad deal, if he can negotiate the taxes down it'll be even better.

Our cliffhanger for the week is a huge marketing project that Chase has been working on for the past few months to bring some more value to our tribe. Any Note MBA listeners looking to step up their own personal marketing game should be on the look out for the launch email soon. If you’re wondering, yes, its going to cost you, but it will be worth every penny.

Keep tuned in as we work out the kinks and bring this project to life.

Lastly, who are you telling about your business, and if you aren’t telling people “Why not?” If Chase can tell someone in IT at our website’s hosting company and Robby can chat with sales executives from Microsoft, there is no excuse that your neighbor Larry the accountant hasn’t heard about your new business buying non-performing mortgages. Get out there and spread the good word of non-performing notes, and while you’re at it make sure you tell five other people about the Note MBA Podcast.

If you have any questions for us or comments send them our way at [email protected].

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

Cheers,

Chase & Robby