The Paper Trail

E331 | Matt Kelley on Risk, Returns, and Real Talk in Note Investing - PTNC Know Your Speakers Series


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In this Know Your Speakers edition of the Paper Trail Podcast, Chris sits down with Matt Kelley, a certified foreclosure expert and long-time investor who’s underwritten tens of thousands of loans across California, Arizona, Nevada, and beyond. Known for his no-BS style, Matt shares insights from both sides of the note space—firsts, seconds, courthouse steps, and post-sale acquisitions.

They cover:

  • Why underwriting is the true money-maker in note investing
  • Red flags vs. yellow flags (and why the latter are more dangerous)
  • The importance of underwriting sellers, not just borrowers
  • Common mistakes new investors make—and how to avoid them
  • What’s really happening in today’s note market (and why inventory isn’t your biggest problem)

Matt is also a featured speaker at the upcoming Paper Trail Conference (Sept 18–20) in Chandler, AZ. Get a preview of what he’ll bring to the stage—and why his sessions are can’t-miss.

🎟️ Register at papertrailconference.com

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The Paper TrailBy Chris Seveney

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