How can building a diverse team with aligned values and complementary superpowers propel your real estate business to new heights?

In this episode, Matt Faircloth, a seasoned real estate investor and author, shares his insights on building a powerhouse multifamily team. He emphasizes the importance of having a diverse team with aligned values, goals, and expectations. Matt explains that while it's possible to operate as a solo investor in smaller deals, larger multifamily investments require a team with diverse skill sets and superpowers. He provides a three-step process for building a rockstar real estate team: gaining alignment, gaining diversity, and identifying team members' superpowers. Matt also breaks down the four essential roles in a successful real estate team: the hunter, the brain, the mouthpiece, and the glue.

Matt Faircloth has been a full-time investor since 2005. In that time he has successfully completed projects involving dozens of fix and flips, office buildings, single-family homes, and apartment buildings.

He has completed over a Hundred Million in real estate transactions and controls thousands of units of multi family.

He is a regular contributor and podcast guest on Bigger Pockets.com, has an active YouTube Channel dedicated to educating investors, and the author of the Amazon Best Seller, Raising Private Capital, how to Build your Real Estate Empire with Other People's Money.

[00:00:00] - [00:02:00] Introduction: The Importance of Building a Team in Multifamily Investing

   - Successful syndicators have a team behind them

   - No one can be great at all the facets of multifamily investing alone

   - A team will always outperform a solo investor

[00:02:00] - [00:05:00] Step One: Gaining Alignment

   - Align on shared vision, values, goals, and expectations

   - Entrepreneurial spirit and the law of delayed gratification are crucial

   - Misalignment on these factors can break a business apart

[00:05:00] - [00:11:00] Step Two: Gaining Diversity

   - Identify your own strengths and weaknesses

   - Find team members with complementary skill sets and superpowers

   - Diversity in work experience, skills, and behavior is essential

[00:11:00] - [00:13:00] Assessing Behavioral Strengths and Weaknesses

   - Behavior assessments help determine internal wiring and instinctive reactions

   - Examples include Predictive Index, DISC, Strengths Finder, and Colby

   - Diverse behavioral traits prevent a team from having the same flaws and faults

[00:13:00] - [00:16:00] The Four Essential Roles in a Real Estate Team

   - The Hunter: Finds opportunities and knows the market inside out

   - The Brain: Analyzes deals and creates business plans

   - The Mouthpiece: Raises capital and communicates with investors

   - The Glue: Manages the team and keeps everyone on track

Quotes:

"No matter how brilliant your mind or strategy, if you're playing a solo game, you'll always lose to a team." - Matt Faircloth

"Find out what you are awful at, and then find someone else in the world who is awesome at it and would love to get paid to do it." - Matt Faircloth

Connect with Matt:

LinkedIn:

 https://www.linkedin.com/in/mdfaircloth/
https://www.linkedin.com/company/derosagroup/ 

Visit sp

What if you could travel through time to create your dream life faster than ever before?

In this thought-provoking episode, Dr. Jamil N. Sayegh NMD shares his insights on living life with intention and purpose. He emphasizes the importance of playing all out, taking ownership of your life, and being in integrity with your commitments. Dr. Sayegh invites listeners to imagine their ideal future and then guides them on how to step into that best version of themselves right now. He offers a unique perspective on perfection and encourages consistent action and personal growth. Throughout the episode, Dr. Sayegh provides practical advice and inspiration for those seeking to create their dream life.

Dr. Jamil Sayegh is an international transformation coach, integrative naturopathic physician, facilitator of energy-work, master NLP practitioner, the host of the ‘Transformation Starts Today’ podcast, and an international #1 best-selling author. He works with leaders, champions, and high-performers from all walks of life including world-champion athletes, best-selling authors, entrepreneurs, business professionals, and more to experience more peace, happiness, and fulfillment, and create an extraordinary life without regret.

[00:00:00 - 00:02:00] Designing Your Life: Living with Intention

•  Life isn't a rehearsal; live deliberately and by design.

•  Avoid the regret of playing small and not making progress towards your goals.

•  Imagine your ideal life and use that vision to guide your actions today.

[00:02:00 - 00:04:00] Taking Ownership and Being in Integrity

•  Take responsibility for your life and ask yourself how you're creating your experiences.

•  If you don't like something, take action to change it instead of just complaining.

•  Honor your commitments and do what you said you were going to do.

[00:04:00 - 00:06:00] Time Travel to Your Best Self

•  Envision your ideal future with clarity and specificity.

•  Step into the best version of yourself right now to create the results you want faster.

•  Seek help and support to achieve your goals and dreams.

[00:06:00 - 00:08:00] The Power of Consistent Action

•  Most of our problems are created in our minds.

•  Perfection doesn't exist; focus on consistent action and personal growth.

•  Success will come if you keep showing up, improving, and putting yourself out there.

[00:08:00 - 00:11:00] Embodying Your True Essence

•  You are whole, perfect, and complete exactly as you are.

•  Embrace your role as the creator of your experiences.

•  Consistently apply the principles discussed to achieve your goals faster.

Quotes:

"Live with intention. Live deliberately. Design your life and live by design, not by default." - Dr. Jamil N. Sayegh NMD

"Take ownership of your life. Ask yourself, how am I creating my experience of this?" - Dr. Jamil N. Sayegh NMD

Connect with Dr. Jamil N. Sayegh:

Website: jamilsayegh.com
LinkedIn: https://www.linkedin.com/in/dr-jamil-sayegh-402aa416b/ 

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community membe

What if the key to unlocking your full potential and achieving massive success lies in your relationship with yourself and the world around you?

In this thought-provoking episode, Dr. Jamil N. Sayegh NMD shares his profound insights on the three keys to achieving massive success in all areas of life. He emphasizes the importance of understanding that everything in life is a co-creation and that our relationships with ourselves and others play a crucial role in shaping our experiences. Dr. Sayegh encourages listeners to take responsibility for their lives, let go of blame, and embrace the power of being a creator rather than a victim. Through powerful examples and a heartfelt poem, he illustrates how our thoughts and perceptions create our reality and that no one can make us feel anything without our permission. Dr. Sayegh challenges listeners to show up fully in their lives, to play all out, and to become the person they truly want to be in order to achieve the results they desire.

Dr. Jamil Sayegh is an international transformation coach, integrative naturopathic physician, facilitator of energy-work, master NLP practitioner, the host of the ‘Transformation Starts Today’ podcast, and an international #1 best-selling author. He works with leaders, champions, and high-performers from all walks of life including world-champion athletes, best-selling authors, entrepreneurs, business professionals, and more to experience more peace, happiness, and fulfillment, and create an extraordinary life without regret.

00:00:00 - 00:04:59 | The Power of Relationship: Everything is Co-Creation

• Everything in life is a relationship and a co-creation between you and the world around you.
• Ask yourself, "What part am I playing in this situation? How am I creating this experience for myself?"
• Being in integrity with yourself and others is where your power lies.

00:05:00 - 00:09:59 | Breaking Free from Blame: Embracing Your Role as a Creator

• Blaming others gives your power away and keeps you stuck in a victim mentality.
• Creators see life as happening for them, not to them, and focus on growth and learning.
• Take responsibility for your life and choose how you respond to situations.

00:10:00 - 00:14:59 | The Inside-Out Nature of Emotions: You Create Your Experience

• Emotions are an inside-out phenomenon; no one can make you feel anything without your permission.
• The stories you tell yourself about a situation create your emotional experience, not the situation itself.
• When you change your thoughts and perceptions, your emotional experience changes as well.

00:15:00 - 00:19:59 | The Cookie Thief: A Lesson in Perception and Reality

• Our beliefs and perceptions can often be misleading, causing unnecessary stress and frustration.
• When you shift your thinking, problems that are purely thought-created can dissolve instantly.
• Be open to questioning your assumptions and beliefs, as they may not always align with reality.

00:20:00 - 00:23:00 | Playing All Out: Embodying Your Life and Becoming Your Best Self

• Assess how fully you are showing up in different areas of your life and challenge yourself to play all out.
• Everything you want is on the other side of fear and outside your comfort zone.
• To achieve the results you desire, you must first become the person capable of achieving them.

"Everything in life is relationship. You've got the a hundred percent that you bring to the relationship and that represents 50% of the total. And then the other person, the other situation, the experience that brings 50%, it's a hundred percent, and that's 50." - Dr. Jamil N. Sayegh NMD

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What if the key to living an extraordinary life without regret lies in your relationship with yourself?

In this thought-provoking episode, Dr. Jamil N. Sayegh NMD shares his profound insights on how one's relationship with oneself influences and determines their level of success in life. Drawing from his personal experiences and expertise as a life, business, and relationship coach, as well as a licensed naturopathic doctor, Dr. Sayegh takes the audience on a journey of self-discovery. He encourages listeners to question their beliefs about their identity, the true meaning of success, and the pursuit of happiness. Through a captivating thought experiment, Dr. Sayegh helps the audience understand that they are not limited by their name, thoughts, beliefs, or personality, but rather, they are pure possibility. He emphasizes the importance of living life on one's own terms, prioritizing happiness, and avoiding the common trap of chasing society's definition of success. Dr. Sayegh also dispels the myth of "I'll be happy when..." and reminds listeners that happiness is not a destination but a state of being that comes from within. This episode is a must-listen for anyone seeking to create an extraordinary life without regret.

Dr. Jamil Sayegh is an international transformation coach, integrative naturopathic physician, facilitator of energy-work, master NLP practitioner, the host of the ‘Transformation Starts Today’ podcast, and an international #1 best-selling author. He works with leaders, champions, and high-performers from all walks of life including world-champion athletes, best-selling authors, entrepreneurs, business professionals, and more to experience more peace, happiness, and fulfillment, and create an extraordinary life without regret.

00:00:00 - 00:04:00 | Unleashing the Power of an Extraordinary Life

• Dr. Sayegh shares his mission to help leaders and high performers create an extraordinary life without regret

• He discusses how his father's near-death experience inspired him to live life fully

• The importance of living life on your own terms and avoiding regret is emphasized

00:04:00 - 00:08:00 | Discovering Your True Identity: A Thought Experiment

• Dr. Sayegh takes the audience through a thought experiment to uncover their true identity

• He explains that we are not our name, thoughts, beliefs, personality, or even our physical body

• The realization that we are pure possibility and the power to choose who we want to be is highlighted

00:08:00 - 00:12:00 | Redefining Success: Living Life on Your Own Terms

• The personal nature of success and the importance of defining it by one's own standards is discussed

• Dr. Sayegh presents a contrast between a wealthy but unhappy individual and a content, fulfilling life with less material wealth

• He encourages listeners to prioritize their happiness and understand the opportunity cost of their choices

00:12:00 - 00:15:00 | Embracing a Life Without Regret: Lessons from the Dying

• The top five regrets of the dying, as observed by palliative care nurse Bronnie Ware, are shared

• Dr. Sayegh urges listeners to live intentionally and deliberately create a life without those regrets

• The importance of acting on the things that matter most to you is emphasized

00:15:00 - 00:17:00 | Dispelling the Myth of "I'll Be Happy When..."

• Dr. Sayegh challenges the common belief that happiness is achieved through external accomplishments

• He exp

How can wholesalers effectively market their business and find motivated sellers in today's competitive real estate market?

In this insightful episode, Shaneka Lene' shares her valuable experiences and strategies for succeeding as a real estate wholesaler. She emphasizes the importance of being transparent with sellers, constantly educating oneself, and utilizing various marketing techniques such as driving for dollars, bandit signs, and SMS text blasts. Shaneka also highlights the significance of building relationships with other wholesalers and attending local real estate investor association (REIA) meetings to expand one's network and knowledge. Throughout the conversation, she provides practical tips on how to navigate the challenges of wholesaling while maintaining a strong worklife balance as a mother.

Shaneka Lene’, affectionately referred to as “Sis”, is a real estate mogul and developer in her own right. Sis currently owns a multi million dollar real estate portfolio, which includes two mobile home parks, mobile homes and single family homes throughout NC.

Shaneka also owns Hospitality Home Solutions, a family owned and operated full service remodeling company, which has worked with companies like Clayton Homes. In addition, in 2022, Shaneka became the first Black woman to be a licensed mobile home dealer, contractor, and mover in the state of North Carolina! To date, Sis has also acquired her license as a septic contractor in order to help aid in the development sector of her company. Shaneka is also the owner of Coastal Carolina Villas, a multimillion dollar development, including a Tiny Home Community, RV Resort, and Glamping that is scheduled to be open to guests in the summer of 2024.

00:00:00  00:02:00 Be Transparent with Sellers

•  Use local real estate investing terms that sellers can understand

•  Be upfront about the possibility of assigning the contract to another investor

•  Most sellers don't mind as long as the wholesaler follows through and closes the deal

00:02:00  00:04:00 Staying Current in the Real Estate Market 

•  Listen to educational podcasts like Real Estate Disruptors and Flip to Freedom

•  Follow interesting episodes from BiggerPockets when posted by others

•  Drive for dollars with family members to find motivated sellers

00:04:00  00:07:00 Effective Marketing Strategies for Finding Motivated Sellers

•  Use PropStream to download lists and send SMS text blasts

•  Drive for dollars and cold call the leads generated

•  Utilize bandit signs, which often result in warm leads ready to sell

00:07:00  00:10:00 Pivoting and Adapting to Changes in the Wholesaling Industry

•  Be flexible and adaptable to adjust to any changes in regulations

•  If required, obtain a license to continue wholesaling

•  Attend local REIA meetings to stay informed and network with real estate attorneys

00:10:00  00:13:00 Tips for Success in Wholesaling

•  Invest in yourself and your education to separate yourself from competitors

•  Be professional, honest, and answer your phone promptly

•  Return phone calls in a timely manner, as the business is timesensitive

"I'm always up front with my sellers. Some of them don't understand the language of wholesaling. I don't come out and say:  I'm a wholesaler or anything like th

Have you ever wondered how overcoming personal trials and tapping into the power of community can skyrocket your success in the competitive world of real estate wholesaling?

In this empowering episode, we dive into the remarkable journey of Shaneka Lene’, a dynamo in the realm of real estate wholesaling. From starting her wholesaling business while pregnant with her fifth child to navigating the complexities of being a serial entrepreneur and a dedicated mother, Shaneka's story is a testament to resilience, passion, and the transformative power of community support. Through her insights and experiences, we explore the nuances of building a thriving business against the odds, the importance of fostering women-led initiatives in the real estate sector, and the strategies that propelled her Facebook group to a 20,000-strong community in record time.

Shaneka Lene’, affectionately referred to as “Sis”, is a real estate mogul and developer in her own right. Sis currently owns a multi million dollar real estate portfolio, which includes two mobile home parks, mobile homes and single family homes throughout NC.

Shaneka also owns Hospitality Home Solutions, a family owned and operated full service remodeling company, which has worked with companies like Clayton Homes. In addition, in 2022, Shaneka became the first Black woman to be a licensed mobile home dealer, contractor, and mover in the state of North Carolina! To date, Sis has also acquired her license as a septic contractor in order to help aid in the development sector of her company. Shaneka is also the owner of Coastal Carolina Villas, a multi-million dollar development, including a Tiny Home Community, RV Resort, and Glamping that is scheduled to be open to guests in the summer of 2024.

[00:00:00 - 00:02:00] The Leap of Faith:

• Shaneka's transition into real estate wholesaling

• Overcoming the initial hurdles with remarkable success

• Balancing entrepreneurship with motherhood

[00:02:00 - 00:04:00] Building a Community from Scratch:

• The inception of a Facebook group amidst challenges

• Strategies for rapid community growth and engagement

• The importance of providing value and being relatable

[00:04:00 - 00:06:00] Empowering Women in Real Estate:

• Launching LiveWIRED 2020 for women in real estate

• Creating a platform for women to shine and support each other

• The impact of all-women events in a male-dominated field

[00:06:00 - 00:08:00] Collaboration Over Competition:

• Shaneka's philosophy on collaboration and support

• The power of loyalty and relationship-building in business

• Encouraging a spirit of generosity and mutual success

[00:08:00 - 00:10:00] Overcoming Personal and Professional Challenges:

• Shaneka's journey through adversity to success

• The concept of the "mom tax" and its impact

• Strategies for balancing business growth with family commitments

Quotes:

"I really embrace the spirit of collaboration. So anytime I can collaborate with others, especially women... it's something special." - Shaneka Lene’

Connect with Shaneka:

Facebook Group: https://www.facebook.com/groups/670062460067947/
Facebook:

Have you ever wondered how overcoming personal trials and tapping into the power of community can skyrocket your success in the competitive world of real estate wholesaling?

In this empowering episode, we dive into the remarkable journey of Shaneka Lene’, a dynamo in the realm of real estate wholesaling. From starting her wholesaling business while pregnant with her fifth child to navigating the complexities of being a serial entrepreneur and a dedicated mother, Shaneka's story is a testament to resilience, passion, and the transformative power of community support. Through her insights and experiences, we explore the nuances of building a thriving business against the odds, the importance of fostering women-led initiatives in the real estate sector, and the strategies that propelled her Facebook group to a 20,000-strong community in record time.

Shaneka Lene’, affectionately referred to as “Sis”, is a real estate mogul and developer in her own right. Sis currently owns a multi million dollar real estate portfolio, which includes two mobile home parks, mobile homes and single family homes throughout NC.

Shaneka also owns Hospitality Home Solutions, a family owned and operated full service remodeling company, which has worked with companies like Clayton Homes. In addition, in 2022, Shaneka became the first Black woman to be a licensed mobile home dealer, contractor, and mover in the state of North Carolina! To date, Sis has also acquired her license as a septic contractor in order to help aid in the development sector of her company. Shaneka is also the owner of Coastal Carolina Villas, a multi-million dollar development, including a Tiny Home Community, RV Resort, and Glamping that is scheduled to be open to guests in the summer of 2024.

[00:00:00 - 00:02:00] The Leap of Faith:

• Shaneka's transition into real estate wholesaling

• Overcoming the initial hurdles with remarkable success

• Balancing entrepreneurship with motherhood

[00:02:00 - 00:04:00] Building a Community from Scratch:

• The inception of a Facebook group amidst challenges

• Strategies for rapid community growth and engagement

• The importance of providing value and being relatable

[00:04:00 - 00:06:00] Empowering Women in Real Estate:

• Launching LiveWIRED 2020 for women in real estate

• Creating a platform for women to shine and support each other

• The impact of all-women events in a male-dominated field

[00:06:00 - 00:08:00] Collaboration Over Competition:

• Shaneka's philosophy on collaboration and support

• The power of loyalty and relationship-building in business

• Encouraging a spirit of generosity and mutual success

[00:08:00 - 00:10:00] Overcoming Personal and Professional Challenges:

• Shaneka's journey through adversity to success

• The concept of the "mom tax" and its impact

• Strategies for balancing business growth with family commitments

Quotes:

"I really embrace the spirit of collaboration. So anytime I can collaborate with others, especially women... it's something special." - Shaneka Lene’

Connect with Shaneka:

Facebook Group: https://www.facebook.com/groups/670062460067947/
Facebook:

Have you ever wondered how the pandemic not only changed the way we work but also how we choose to invest, live and travel? 

In this captivating episode, Angel Williams sits down with Ben Spiegel to explore the unexpected boom in the RV industry, fueled by the pandemic's lasting impact on work and lifestyle preferences. Ben, with his deep insights into the RV market, discusses the shift towards remote work, the rising demand for RVs among millennials, and how these trends are reshaping the concept of leisure and living. Through their conversation, we delve into the economic forces at play, the challenges of the RV industry, and the potential for innovation and disruption in outdoor hospitality.

Ben Spiegel is a seasoned investor in special situations, with a focus on maximizing value across diverse assets like real estate and private equity. With over $500 million deployed, he has a knack for identifying opportunities in complex situations. As the founder of Redwood Capital Advisors, LLC, Ben specializes in commercial real estate and capital raising, notably in luxury outdoor hospitality, aiming to build over 2,000 sites along the Gulf Coast. His prior experience includes roles at DG Capital Management and Barclays Capital, and he serves on several boards, enhancing his industry influence.

[00:01:00-00:03:00] The New Road Warriors: Millennials are transforming the RV landscape, choosing nomadic lifestyles over traditional homeownership.

• RV ownership demographics are shifting younger.

• The pandemic has accelerated the RV industry's growth.

• Challenges in meeting the demand for RV-friendly destinations.

[00:03:00-00:05:00] Beyond the Pandemic: A Lifestyle Revolution: How COVID-19 has permanently altered work and leisure preferences.

• Remote work becomes a lasting trend.

• Increased valuation of leisure and self-care.

• The shift towards experiential living over material possessions.

[00:05:00-00:07:00] Economic Winds of Change: The financial realities prompting millennials to embrace RV living.

• Skyrocketing housing prices and interest rates.

• The appeal of a nomadic, experience-rich lifestyle.

• Inflation and wage stagnation impacting living choices.

[00:07:00-00:09:00] Hospitality on Wheels: The evolving landscape of vacationing in an RV.

• Cost-effective alternatives to traditional vacations.

• The integration of RV travel with mainstream hospitality brands.

• The role of technology and amenities in enhancing RV experiences.

[00:09:00-00:11:00] Steering Towards the Future: The potential for innovation in outdoor hospitality management.

• The importance of human capital in the RV park and resort industry.

• Strategies for attracting and retaining top talent.

• The impact of ownership and incentive structures on operational success.

Quotes:

"Millennials are choosing to put their equity on wheels and live a nomadic lifestyle, valuing experiences more than traditional homeownership." - Ben Spiegel

"The pandemic was the fourth bullet point that launched the RV industry into the stratosphere, indicating a structural rather than a cyclical change." - Ben Spiegel

Connect with Ben:

Website:

What does it take to pivot from a high-stakes investment banking career to making waves in the niche and lucrative world of RV resorts and outdoor hospitality?

In this enlightening episode, Angel Williams and guest Ben Spiegel dive into the transformative journey from investment banking to creating a successful empire in the RV resort and outdoor hospitality industry. Ben shares his unique approach to investment, highlighting the importance of special situations that offer outsized returns with minimal risk. Through a series of insightful anecdotes and expert advice, listeners will gain a deeper understanding of the challenges and opportunities within the RV park investment landscape, from selecting the right location to understanding the nuances of operating in this specialized market.

Ben Spiegel is a seasoned investor in special situations, with a focus on maximizing value across diverse assets like real estate and private equity. With over $500 million deployed, he has a knack for identifying opportunities in complex situations. As the founder of Redwood Capital Advisors, LLC, Ben specializes in commercial real estate and capital raising, notably in luxury outdoor hospitality, aiming to build over 2,000 sites along the Gulf Coast. His prior experience includes roles at DG Capital Management and Barclays Capital, and he serves on several boards, enhancing his industry influence.

[00:01:00 - 00:03:00] From Wall Street to Main Street: Ben's transition from investment banking to real estate and entrepreneurship.

• Leveraging finance experience in real estate investment.
• The decision to pursue entrepreneurship.
• Initial steps into the real estate industry.

[00:03:00 - 00:07:00] Navigating Niche Investments: Exploring unique opportunities from RV parks to tugboats.

• Asset-agnostic investment philosophy.
• The appeal of special situations for outsized returns.
• Diversification across various real estate assets.

[00:07:00 - 00:11:00] The RV Resort Revolution: Ben's foray into outdoor hospitality and the challenges faced.

• Initial hesitations and concerns about the RV business model.
• Importance of location and customer experience.
• Learning from experts to avoid pitfalls.

[00:11:00 - 00:15:00] Operational Insights & Industry Dynamics: Differentiating between resorts and communities.

• The operational nuances of running RV resorts vs. communities.
• The significance of amenities and guest experience.
• Strategic considerations for location and investment.

[00:15:00 - 00:19:00] Future Trends & Success Strategies: Ben's vision for the future of RV resorts and keys to success.

• Embracing technology and innovation in operations.
• The importance of long-term occupancy and customer loyalty.
• Anticipating market trends in outdoor hospitality.

Quote:

"I consider myself asset-agnostic... focusing on special situations where I can earn an outsized return with minimal risk." - Ben Spiegel

Connect with Ben:

Website: www.redwoodcapitaladvisors.com

Instagram: https://www.instagram.com/redwoodcapitaladv

LinkedIn:https://www.linkedin.com/company/redwoodcapital

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor

How can understanding the nuances of tax liens and foreclosure processes turn distressed properties into lucrative investments?

In this episode, host Angel Williams explores the topic of tax liens when it comes to non-performing notes with guest speaker Kristin Gerst. They delve into the complexities of investing in tax liens and the potential pitfalls to be aware of. From understanding the right of redemption to considering property condition and after-repair value, they provide valuable insights for investors. They also discuss the differences between judicial and non-judicial states and the importance of researching eviction processes in different areas. Whether you're new to note investing or looking to expand your knowledge, this episode offers practical advice and strategies.

Kristin Gerst is the Managing Director at Capricorn Mortgage Investments. Capricorn Mortgage Investments buys high interest rate mortgages from small business owners and companies and sells them to large institutional buyers. 

(00:00 - 08:23) Title: Tax Liens Demystified

  - Exploring the concept of tax liens and their potential for investment.

  - Understanding the right of redemption and its impact on investment strategies.

  - Factors to consider when assessing the value of tax liens, including property taxes and vacancy rates.

(08:24 - 18:45) Pitfalls of Non-Performing Notes

  - Considering the limitations of investing in non-performing notes and the inability to inspect properties.

  - Assessing property condition and estimating repair costs in non-performing note investments.

  - Analyzing borrower behavior and the likelihood of loan modifications or non-payment.

(18:46 - 26:57) Judicial vs. Non-Judicial States

  - Understanding the differences between judicial and non-judicial states in the foreclosure process.

  - Exploring the length of foreclosures and the need for court approval in judicial states.

  - Identifying non-judicial states that may pose challenges in eviction processes and timelines.

(26:58 - 35:20) Researching Foreclosure Timelines

  - Highlighting the importance of researching foreclosure and eviction timelines at the city and county levels.

  - Considering factors that may impact foreclosure and eviction processes in different areas.

  - Making informed decisions about purchasing non-performing notes based on foreclosure and eviction timelines.

  - Exploring potential sources for non-performing notes, such as small banks and credit unions.

  - Building relationships with asset managers and specifying requirements for non-performing notes.

  - Navigating the process of bidding and evaluating non-performing notes for potential investment opportunities.

Quotes:

- "Property condition and after repair value are crucial factors to consider in non-performing note investments." - Kristin Gerst

- "Understanding the differences between judicial and non-judicial states can significantly impact your foreclosure timelines." - Kristin Gerst

Connect with Kristin:

LinkedIn: https://www.linkedin.com/in/kristin-gerst-a2a6a66/

 Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention