By Rick Allen & Brett Burky
5
99 ratings
The podcast currently has 148 episodes available.
Follow Us On These Platforms:👇
Follow Us On These Platforms:👇
In this episode of the Paperstac Podcast, Rick Allen and Brett Burky dive into essential note investing habits that new note investors need to know to succeed.
After attending conferences and navigating hurricanes, they’re back to share practical tips that will help you as note investors develop a consistent strategy in the note investing business. From reviewing deals and creating efficient workflows to networking effectively and leveraging technology, they cover a range of strategies that seasoned note investors use every day.
Whether you’re just getting started as a note investor or looking to refine your note investing habits, this episode is packed with valuable advice to help you grow your note investing career.
Chapters:
0:00 Intro
0:05 Why We’ve Been Away
0:34 Conference Insights (Five Star and Land Scaling Summit)
1:56 Hurricanes and Their Impact
2:00 New Note Investor Habits
2:42 The Importance of Consistency for New Note Investors
3:32 Scheduling Deal Reviews
4:35 Enterprise Sales and Deal Hunting Tips
7:00 Networking for Note Investors
8:40 The Power of Conferences and Meeting Key Players
11:00 Leveraging Your Time at Conferences
13:10 How to Build Consistency in Deal Reviews
15:50 Understanding Deal Research and Due Diligence
19:00 Tracking Market Trends and Inventory
20:50 Using Technology for Deal Tracking
24:00 Finding Hidden Deals Through Expired Listings
26:00 The Importance of Networking and Technology
28:00 Closing Remarks
Follow Us On These Platforms:👇
In this episode of the Paperstac Podcast, hosts Rick Allen and Brett Burky sit down with JT Olmstead, a land investing expert, to dive deep into land investing and the creation of land notes.
JT shares his journey into the land note business, his strategies for finding profitable deals, and how technology is transforming the land investing industry. Whether you’re new to land investing or a seasoned pro, this episode provides valuable insights into building a successful land note business.
🔔 Don’t forget to subscribe for more expert insights and tips on note investing and real estate investing strategies!
Chapters:
0:00 Introduction
0:32 Meeting JT at the Land Profit Generator Conference
1:28 JT’s Background and Journey into Land Notes
2:14 The Benefits of Land Flipping and Owner Financing
2:57 Finding the Concept of Land Investing
4:03 How JT Got Started in Land Investing
4:45 JT’s First Sales in Land Notes
6:13 Learning Through Early Experiences in Land Investing
10:10 How the Marketing and Land Investing Industry Has Evolved
11:45 JT’s Mailer Strategy for Finding Land Deals
14:00 Using Blind Offers in Land Acquisitions
16:22 Technological Advances in Land Investing
19:00 Scaling a Land Investing Business with Systems
24:45 JT’s Competitive Edge in Land Investing
Follow Us On These Platforms:👇
In this episode, we dive deep into the world of partial mortgage notes with the experts, Fred and Tracy Rewey. Whether you’re new to note investing or looking to refine your strategy, this episode is packed with valuable insights and actionable advice. Learn about the basics of partials, the Reweys’ journey into the note space, and how you can leverage partials to optimize your investments. Don’t miss out on this wealth of knowledge!
Chapters:
0:00 Introduction
0:08 Welcoming Fred & Tracy Rewey
0:40 The Reweys’ Background in the Note Space
1:47 How Fred and Tracy Got Started in Notes
2:52 Transition from Institutional Work to Independent Note Buying
4:19 Benefits of a Note Investing Lifestyle
5:16 The Importance of Learning Both Sides of Note Investing
6:05 Introduction to Partials and Their Power
6:35 The Reweys’ Educational Programs and Giving Back
7:01 Overview of Their Master Classes and Membership Program
8:26 Deep Dive into Partial Note Transactions
10:00 Understanding Different Roles in Note Buying
11:08 What is a Partial Note?
12:12 Real-Life Example of a Seller-Financed Note
13:09 Buying a Note: Full vs. Partial
14:00 Partial Note Strategy Explained
16:11 How to Structure a Partial Note Purchase
18:00 Common Questions about Partials Answered
20:21 Handling Payoffs and Reassignments in Partials
22:07 Using Third-Party Servicers in Note Transactions
23:33 Buy Full, Sell Partial Strategy
24:52 Infinite Returns: Example of Selling a Partial for More Than Purchase Price
27:05 Real-Life Example: Profits from a Partial Payoff
29:38 Using Tools Like Partials in Your Note Investing Toolbox
31:01 Why Listening is Key in Negotiations
33:30 Additional Strategies for Maximizing Returns on Partials
35:12 The Importance of Proper Training & Application
37:28 Fred & Tracy’s Membership Program Details
39:10 The Value of Ongoing Note Education & Community Support
40:20 Future of the Note Industry
42:00 Understanding Current Market Cycles in Note Investing
43:03 Final Thoughts
Follow Us On These Platforms:👇
In this episode of the Paperstac Podcast, Brett Burky and Rick Allen dive into a head-to-head comparison between mortgage notes and long-term rentals. They discuss the pros and cons of each investment type, sharing insights from their experiences and covering key topics like market entry, cash flow, maintenance, risks, tax benefits, and more. Whether you’re a seasoned investor or just starting, this episode provides valuable perspectives to help you make informed decisions in the real estate market. Tune in now to learn more about the pros and cons of mortgage notes vs long term rentals.
Chapters:
00:00 Introduction
00:02 Rick’s Black Eye: The Story
02:00 Mortgage Notes vs. Long-Term Rentals Series
03:41 Initial Capital Investment: Market Penetration
08:19 Cash Flow: Comparing Rentals and Mortgage Notes
10:00 Maintenance and Management: A Key Difference
12:28 Risk Factors: Rental Properties vs. Mortgage Notes
15:59 Tax Benefits: The Edge for Rentals
17:11 Liquidity: Speed and Flexibility
18:29 Appreciation Potential: Rentals vs. Mortgage Notes
19:44 Control Over Investment: Who Has the Upper Hand?
21:23 Return on Investment: Steady vs. Variable Returns
23:24 Market Dependency: How Conditions Impact Both Investments
26:00 Time Commitment: Passive Income vs. Active Management
28:24 Conclusion: Diversify Your Investments
29:42 Upcoming Episodes
Follow Us On These Platforms:👇
In this episode of the Paperstac Podcast, hosts Rick Allen and Brett Burky are joined by special guest Larry Pendleton, a seasoned CPA and real estate investor, to discuss crucial tax strategies for note investors and real estate investors. This is a great episode for learning about tax strategies for note investors.
Larry shares his insights on the benefits of real estate investments, the importance of tax planning, and how to optimize your portfolio for maximum tax savings. They dive deep into topics like depreciation, 1031 exchanges, the nuances of mortgage notes, and the often overlooked tax advantages of different investment strategies. Whether you’re a seasoned note investor or just starting, this episode is packed with valuable knowledge that can help you make informed decisions and save money.
__________________________________
Chapters:
0:00 Introduction
1:00 Meet Larry Pendleton: Background and Experience
3:00 Transitioning from Traditional Accounting to Real Estate Focus
5:00 The Power of Real Estate Investments in Tax Savings
7:00 Exploring the Benefits of Mortgage Notes
9:00 Depreciation and Its Impact on Real Estate Taxes
11:30 Understanding 1031 Exchanges and Mortgage Notes
14:00 Hybrid Investment Strategies: Real Estate and Other Avenues
18:00 The Importance of Active Participation in Short-Term Rentals
22:00 Tax Planning for Note Investors & Real Estate Professionals
24:00 Tax Code Changes and the Impact of Political Shifts
27:00 Misconceptions About Tax Deductions: G Wagons and More
30:00 Exploring Turo and Vehicle Depreciation
35:00 How to Find the Right Tax Advisor for Your Investment Needs
38:00 Key Takeaways for Note Investors
40:00 Closing Thoughts and Contact Information for Larry Pendleton
________________________________________
🎬 Share this video: https://youtu.be/j24YzdHDAYQ
➤ Don't forget to like, comment, and subscribe to our channel for more captivating content on mortgage notes and real estate investing.
SUBSCRIBE HERE: 👇
👉https://pstac.co/subscribe_on_youtube 👈
_______________________________________________________
➡Connect with Larry Pendleton
https://linqapp.com/LarryPendletonCPAinRealEstate
➤ LET'S CONNECT O
Follow Us On These Platforms:👇
Welcome to another episode of the Paperstac Podcast with Brett Burky and Rick Allen! In this episode, we dive into the world of note investing slang and jargon. Whether you’re new to the industry or looking to brush up on your knowledge, this episode is packed with valuable insights. Don’t forget to like, comment, and subscribe for more content!
Chapters:
0:00 Introduction
0:06 Brett and Rick’s Summer Vacations
0:34 Introduction to Note Investing Jargon
1:15 Understanding “Color” in Note Investing
1:45 What is the “Coupon Rate”?
2:13 Explaining “WAC” (Weighted Average Coupon)
3:17 “Coupon Clipping” in Note Investing
4:57 Defining “Strike Price”
5:45 What Does “Fade” Mean?
6:08 Understanding “Par” in Note Investing
6:18 NPL, RPL, and PLS: Types of Loans
6:44 What is a BPO (Broker Price Opinion)?
6:52 What is an O&E (Ownership and Encumbrance Report)?
7:27 PMI and Force-Placed Insurance
7:56 LTV and Other Common Acronyms
8:10 Understanding JV (Joint Venture)
8:48 What Does “Seasoning” Mean?
9:10 Knowledge Base and
Follow Us On These Platforms:👇
In this episode of the Paperstac Podcast, Brett Burky and Rick Allen discuss avoiding borrower communication mistakes in note investing by understanding when, how, and if you should ever contact borrowers.
Dive into the critical topic of borrower communication during note transactions. Discover the dos and don'ts of reaching out to borrowers, especially in non-performing loan scenarios.
Learn from their experiences, understand the legal implications, and get practical advice to avoid costly mistakes.
If you are interested in note investing and avoiding common pitfalls, this episode provides valuable insights to help you navigate the complexities of borrower interactions effectively.
As a note investor, knowing when, how, and under what circumstances to contact a borrower is essential. Listen to this episode full of note investing insights on the right timing, approach, and circumstances under which it is appropriate to contact a borrower.
This is an important Note Investing for Beginners topic focused on how to avoid borrower communication mistakes. Understanding the nuances of when, how, and if you should ever contact borrowers is crucial for anyone looking to succeed in note investing. Join us as we unpack these vital strategies and more.
__________________________________
Chapters:
0:00 Introduction
0:16 Rick’s Cold Plunge Experience
1:54 Importance of Subscribing to the Channel
2:55 Communicating with Borrowers in Note Investing
4:55 Legal Implications of Contacting Borrowers
6:45 Brett’s Experience with a Non-Performing Loan
8:30 When to Contact Borrowers in Note Investing
10:54 Importance of Seller Consent
12:46 Cooling Off Period and Legal Considerations
14:00 Closing Thoughts and Paperstac Academy
Follow Us On These Platforms:👇
Rick Allen and Brett Burky discuss essential note investing tools, emphasizing the use of spreadsheets like Excel, a centralized storage location, CRM systems for asset management, and automation tools like Zapier, showcasing practical insights for managing mortgage notes effectively.
Note Investing Tools Key Takeaways:
➤ Excel or Google Sheets are crucial for calculations and data organization.
➤ A centralized storage location like Dropbox is essential for asset files.
➤ Utilize CRM systems like Podio for efficient asset management.
➤ Automation tools such as Zapier or Make can streamline workflows and document generation.
➤ Networking tools like LinkedIn and BiggerPockets are valuable for connections.
➤ Explore emerging AI tools for enhancing data management and processing.
➤ Continuous learning and exploration of new tools are vital for effective note investing operations.
__________________________________
Chapters:
00:00
00:45 Note Investing Tools
2:35 The Essential Spreadsheet
3:00 Microsoft Excel vs. Google Sheets
3:33 Importance of Centralized Storage
3:57 Document Custodian for Collateral Files
4:45 CRM Systems for Asset Management
5:20 Rick's Experience with Podio
6:28 Importance of CRM for Asset Management
7:02 Tracking Costs with QuickBooks
7:25 Early Tracking Systems
8:04 Modern Tools and AI
8:39 Paperstac and AI Integration
9:00 Loan Servicing for Collections
________________________________________
🎬 Share this video: put the video link
➤ Don't forget to like, comment, and subscribe to our channel for more captivating content on mortgage notes and real estate investing.
SUBSCRIBE HERE: 👇
👉https://pstac.co/subscribe_on_youtube 👈
_______________________________________________________
➤ LET'S CONNECT ON SOCIAL MEDIA
https://www.instagram.com/paper_stac/
https://www.linkedin.com/company/paperstac
https://www.facebook.com/paperstac/
https://twitter.com/paper_stac
https://www.tiktok.com/@paperstac
Browse notes for sale: https://paperstac.com/for-sale
Paperstac Blog: https://paperstac.com/blog
Paperstac Medium: https://medium
Follow Us On These Platforms:👇
The podcast currently has 148 episodes available.
16,811 Listeners
414 Listeners
985 Listeners
978 Listeners
1,363 Listeners
1,399 Listeners
196 Listeners
517 Listeners
90 Listeners
561 Listeners
712 Listeners
28 Listeners
2 Listeners
9 Listeners
889 Listeners