This note buying panel discussion was recorded during RPOA's 2022 conference. We were joined by two incredible experts who helped us understand the difference between performing and non-performing notes, the challenges of investing in notes, and specific examples of wins & losses. After the discussion, we opened up the floor for Q&A from the audience.
I’d like to introduce our experts…
Donna Bauer
Donna Bauer is a trainer and coach who has done every type of real estate transaction: buying, selling, leasing—everything having to do with real property. She’s also done every type of note deal whether it be performing, non-performing, seller-financed or anything in-between, and she will tell you that hands-down she prefers paper over property any day of the week.
Gene Chandler
Gene has 48 years of real estate investing experience and is the asset manager for Chandler & Chandler Financial, which specializes in buying one-off and large and small pools of distressed assets directly from banks, hedge funds, and private equity groups.
Gene currently asset manages over $3.5 million in performing and non-performing notes.
Full disclosure: Gene and I have invested in many notes together and have experienced a few losses, as well as a few grand slam homeruns.
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.
My guest today is a former professional basketball player who has taken his passion and persistence from the basketball court to the real estate world.
Art Morrison III is the CEO of United Home Relief and the author of “Overcome: The Key to Unlocking Your Superhuman”. He and his team have completed over $6 million in transactions across 15 properties in only three years. He now seeks to teach young adults how to get into the REI game and expedite their path to financial freedom through syndication.
Today, Art is going to share his trajectory from professional basketball player, to part-time real estate investing, to becoming a professional business owner with a team that helps him excel in the real estate world.
I know you’re going to benefit from the wisdom and inspiration that Art has to share. You’ll especially appreciate his tips on branding yourself and your business with a logo, website, and dedicated email address.
You can find out more about Art through his different social media channels:
Instagram - @artmorrisoniii
Twitter - @artmorrisoniii
Facebook - https://www.facebook.com/artmorrisoniii/
Youtube - https://www.youtube.com/channel/UCNcDtJEANbaNo4vOKrrLWAg
Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.
We all know that it’s a competitive real estate market right now, and that there seems to be a lot more buyers than there are deals. One of the best ways to find opportunities is to market directly to the seller and bypass the brokers and other buyers altogether.
This is also one of the least understood strategies, and today we’re going to dig in a little deeper with my guest, Justin Silverio.
Justin is the owner of JS2 Homes, Open Letter Marketing, and Invelo. Through his companies, Justin provides thousands of real estate investors a more effective direct-to-seller marketing approach, and educates on best practices around pull lists, marketing campaigns, lead tracking and full analytics.
Today Justin is going to share the different methods of direct marketing, the response rate you can expect, the difference between marketing to residential or commercial sellers, and the processes and automations he’s created to increase his success rate.
I know you’re going to enjoy this conversation with Justin. You can contact him and find out more through email or his websites:
https://openlettermarketing.com
Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at https://www.livegreenlocal.com/.
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. Visit https://www.rcbassociatesllc.com/ to learn more.
My guest today has a vacation rental strategy that is quite unique. Instead of buying or converting residential property into vacation rentals, he prefers to build cabins.
Alex Jarbo is a short-term rental developer and manager. He’s also a military veteran and the founder and CEO of Sargon Investments with a goal of building 650 cabins in the next three years. He’s also the host of the popular YouTube channel “Alex Builds” where he teaches the ins and outs of short-term development and management.
Today, Alex shares how he got into vacation rentals by putting his own apartment unit on Airbnb and sleeping in a car for three months so that he could afford to build his first cabin. We’ll discuss the unique experience that cabins offer, as well as the amenities Alex likes to offer. I’ll also obsess over the cleanliness and logistics of offering a hot tub.
If you’re interested in offering unique vacation rental experiences or want to understand the compelling financial reasons to do so, you’ll love this conversation with Alex. You can find out more by going to https://sargoninvestments.com or check out “Alex Builds” on YouTube.
Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at https://www.livegreenlocal.com/.
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. Visit https://www.rcbassociatesllc.com/ to learn more.