Whether it’s a nonperforming first or a contract for deeds, if you are buying assets in the Ohio and Michigan markets, real estate attorney Franco Barile is your go-to person. Having partnered with Tony Sottile, Franco has taken full advantage of the business side of the real estate legal game. Between them, they have four licenses under their belt for Ohio, Michigan, Indiana, and Kentucky doing title and collateral reviews. They have a full creditor’s side bankruptcy department, foreclosure department, collections department, and anything you can think of in the real estate world. Franco talks the Ohio and Michigan foreclosure laws and about the different markets, the markets to avoid, and some things that you probably didn’t know about the real estate business.

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When the floods happened, when the hurricane rolled through Texas, there were somewhere between 45,000 and 75,000 household affected by it. That number is increasing. That’s the hurricane effect. What does that mean? It means there’s an opportunity for us as note investors, if you like Texas notes, to reach out to the banks, reach out to the servicers, reach out to the mortgage companies and mortgage bankers to see if they’ve got anything on their books they want to get rid of. Scott talks about the opportunities you have as note investors during the aftermath of the recent hurricanes.

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