The biggest mistake that newbie investors make is not properly doing their return on investment calculations before jumping headfirst into anything. Return on investment (or ROI) calculations should be the yardstick by which you measure all potential investments in order to properly assess their worthiness in the long term. David Putz, a Managing Member at JKP Holdings, joins Dan Deppen to discuss the nature of these calculations and what techniques to incorporate in order to perform them thoroughly. ROI calculations can be tricky and vary from person to person, but at the end of the day, once you've sunk your teeth into those fundamentals, you could be on your way to a bright investing future.

• Here’s How »

• fusionnotes.com

• Talking to a Florida real-estate attorney, Erin Quinn
• Good thing about licensing requirement in Georgia
• “Security deed” and “mortgage” is not interchangeable in Georgia
• Smaller investors are much more attentive, involved in their files
• Differences working in Georgia and Florida
• Total process in Georgia from demand letter to sale
• Time frames in Florida
• Statute of limitations in Florida
• Bartram case sets the rule that each payment is a different default
• Florida’s foreclosure rates now
• Market crash is gonna happen although not as big
• The major cities in Florida was in zombie development

• Talking about the Fusion Income Fund
• The goals are capital preservation and income
• What Fusion Income Fund is not
• Reasons for an income focus
• Comparison to other fixed income rates
• Comparison to other real estate investments
• What is the opportunity that we are targeting?
• Borrower profiles
• The strategy that we’re gonna be employing
• Buying different types of notes
• Financial model for the fund
• Why this is a good time for a particular strategy
• Why foreclosure rates have been kind of flat over the past year
• Total loan delinquencies going back the last almost twenty years
• Subprime mortgages have come back
• Ninja loans now nina, no income no assets
• Strategies for actually acquiring loans
• Putting together a model that is able to execute on
• Overall systems and processes
• Some additional resources
• Put all that together into a fund
• The thought processes leading up to the fund
• How it gets deployed
• Investing process, how it works
• Interested in learning more?
• Q&A

• Webinar about cutting deals with borrowers
• Different strategies for non-performing notes
• Note Investing decisions that you end up making in this process
• Case 1 in Ashtabula, Ohio. Possible exits and foreclosure option
• Actual offers and results for Ashtabula, Ohio
• Case 2 in Shelby, Ohio
• Forfeiture instead of foreclosure for Case 2
• Forbearance, TTP, Mod
• Sometimes all of the preplanning goes out the window
• Case 3 in Norwalk, Ohio which has a better chance to reperform
• Q and A

• Interview with Frank Barile of Sottile and Barile
• The new rules and regulations in Ohio
• Ohio Revised Code1322.07 law adds licensing requirement
• Second law is the Ohio Revised Code Section 1349.72
• House Bill 103 amends the current statute
• Land contracts may become extinct in Ohio

• How Jeff Laird started with Note investing
• “The Number One Real-Estate Investment No One Talks About” book by Hornwood and Hollingsworth
• IRAs that you can have a checkbook writing authority
• Polaris, credit counseling service taking into account the borrower’s financial situation
• Keeping the timelines tighter
• Situations where homeowner/borrower should just sell the house
• It’s a good time to find bargains at the end of the year
• Some websites show stuff that looked like not a good deal
• Over time you will find your go-to sellers, etc
• Once you’ve established yourself they know you’re gonna close

• Talking about second mortgages with Sherman Arnowitz from Keyhole Financial
• You can get in relatively inexpensive to start up a second
• Seconds are a little more of a numbers game
• More strategies with seconds like being flexible to negotiate with the homeowner
• Take both property and owner into consideration
• Evaluenote helps with data with first and second mortgages
• Putting in the parameters and having spit out the rankings
• Online education program to learn how to start investing
• Seconds are difficult to find but they are out, you just have to be in it, be active participant
• Learn something new, meet someone different everyday with seconds
• A new program called Note Emporium, a loan management program

• Dan talking about phone calls on due diligence
• Doesn’t make calls until the bid made has been accepted
• Get a local realtor who understands REOs and foreclosures
• How and where to get a right local realtor
• If it’s not the right person, keep calling
• Check if there are any code enforcement violations or liens
• Call two different utilities to check
• Find out about HOA dues

10 Ways to Be a Better Note Buyer -Different problems and situations for a note investor. -Top 10 ways you can do. - 1.Make it clear up front that you are not a broker. - 2.Know what you're buying criteria are and know what you're looking for. - 3.Ask about their closing timeline and their expectations. - 4.Ask about their pricing expectations up front. - 5.Telling a seller when you're not going to submit a bid. - 6.Don't send in lowball offers. - 7.When submiting a bid, be clear about your assumptions. - 8.If you find a problem, let the seller know right away. - 9. Don't be inspector Colummbo. - 10. Don't get confused and think that you are originating a loan.

• Indiana trip report
• Purpose of road trips
• Make sure REO properties are on track
• Find new deals
• Build local teams and vendor relationships
• Scout areas and towns
• Itinerary in Indiana
• Fort Wayne REO problems
• Properties in Muncie
• Before and after pictures of an REO
• Evansville’s town and employers
• Having a good team in Evansville