Owner Financing & Note Investing Podcast with Dawn Rickabaugh

Sometimes you get to waltz in and be the Knight in Shining Armor in this business. Sometimes you don't, so when it happens, it's always fun to celebrate :)

In this episode:

• 00:20 - How can you work or connect with Dawn?
• 02:33 - Dawn’s Owner Carry Note Deal Review - Looking out for your borrower's best interest.
• 14:38 - Any issues with the borrower getting out of the contract with the wholesaler?
• 16:15 - Avoiding potential lawsuits when working with elderly borrowers. 
• 24:40 - Right now…we have the most fertile landscape for owner financing, notes, creative financing and solving problems outside the box.   
• 28:46 - Calculator Review - Owner carry back deal on a Commercial Building  
• 44:36 - Calculator Review - Non-performing Second Position Note out of Los Angeles…should I foreclose??     

Join me for an amazing exploration with long time real estate investor, Darlene Root, who now helps investors get past what's keeping them from the success they want, whether they want to break into note investing, or take their real estate business to the next level.

Read the full transcript at:

https://notequeen.com/blog/rooting-out-sabotage-getting-to-your-why-not/

I had a great time talking with Tom and I thought you might want to listen in. I highly suggest you try to attend his last live training in San Antonio, Texas starting on February 29th, 2024. Get your tickets here: https://papersourceseminars.com/. Tom is one of the last salt of the earth veterans of the industry still alive from those few from whom I inherited my values and note business culture. He's funny and oh so smart. The tips and tricks he'll show you will blow your mind!! It's an experience not to be missed!

This Property & Paper LIve was focused on investing in institutional non-performing notes with my co-host, Sri Gandla. It's interesting to hear how he went from an IT professional for Fannie Mae, to buying notes full time. He's a smart guy and has put in a lot of effort to learning about and creating relationships. I learned a lot from him and you will too!!

• 03:06 - Special guest, Sri Gandla, shares how he got started with note investing?

• 06:23 - How institutions move paper on the secondary market versus owner carry paper.

• 11:31 - Palmdale, California Note Deal Review.

• 25:57 - Licensing requirements to be a debt collector. 

• 30:50 - Overview of Statute of Limitations for Mortgages and Notes.

• 32:35 - Great resource for any note investment questions - https://www.facebook.com/groups/NoteandRealestateInvesting/

• 33:51 - 2024 Market Predictions, following the data.

• 41:23 - The evolution of note education.    

• 43:48 - Deal Review: Statute of Limitations on a reverse mortgage???

• 45:25 - How banks fail and can lose their assets?

• 49:22 - Carson City, Navada Note Deal Review.

• 58:19 - What is Dodd-Frank Compliance?

• 01:01:48 - How to get in touch with Sri Gandla?

• 01:02:14 - Free Resources from the Note Queen.

In this Property & Paper Live episode, you'll hear questions about note investing, wraps, etc., and hear me calling for custom designer notes! If we manipulate the DNA of a note before it's 'born' (from a seller financed transaction), then we can make sure a note seller gets the best price possible.

• 00:15 - INTRO: Becoming better Real Estate Investors – spotting opportunities that most people aren't even looking for! 

• 04:35 - Tips for investing in yourself first.

• 06:05 - Genetically Modified Note Babies??

• 08:29 - Proactively identifying weak points in my portfolio

• 11:32 - It doesn’t matter what the banks are doing!

• 12:05 - Online updates and more ways to connect

• 13:00 - Quick thank you to all my LIVE attendees!  

• 13:50 - Attendee Question - Will there be a down market in the next 2-3 years??

• 18:00 - Staying out of trouble when doing 'Subject To". There is only one way that is federally compliant and will guarantee that the note won't get called ('accelerated') and it involves the use of a Title Holding Trust with a corporate, non-profit Trustee.

• 20:12 - Attendee Question - What terms create a note that can sell  a front end partial note?  

• 26:13 - Note deal update with long time listener, Suellen. :)

• 32:42 - Can a title company insure a wrap around mortgage? 

• 33:58 - One of the biggest challenges in the note space. 

• 37:36 - Attendee Question - How do I get started in notes?

• 45:13 - Getting paid 3 different ways…(1) up front like a Wholesaler, (2) every month like a Lender and (3) a bonus at the end like a Note Queen!

• 47:53 - Difference between an Active Investors vs. Passive Investors. 

• 50:36 - Attendee, Suellen shares diamond resources, benefits of obtaining GIA Certifications and book recommendations.

• 53:04 - More on wraps and safest ways to do 'Subject To' deals

In this episode, you'll get:

Mark is our wonderful hot seat participant. He has many questions, but one thing on his mind is figuring out how can help his adult child get into a home, and simultaneously have a great investment for his retirement account. We also discuss the powerful concept of arbitrage.

• 00:43 - Tips for asking questions and participating.
• 01:34 - Accessing Property Paper Live episodes, resources and links.
• 02:45 - How did guest Mark Pfeiffer and Dawn first meet?
• 05:03 - Mark and Dawn discuss Bitcoin and Cryptocurrency.
• 06:51 - Unplugging from Washington and Wall Street.
• 10:50 - Resource Share - Thoughtful Money: Adam Taggart (interview w/ Ted Oakley)
• 11:24 - Identifying Smart Money and how you can take a reasonable position.
• 13:27 - Digital Cryptocurrency Wallets and more!
  14:03 - More Cryptocurrency Wallet recommendations.
• 15:55 - Mark Pfeiffer shares his ideas as a newbie to notes–thinking outside the box while staying out of trouble!
• 19:04 - More on unplugging from Washington and Wall Street–staying in creation mode!
• 21:24 - How can Mark use private money for his first note scenario?
• 26.33 - How to create better spreads and profits through the power of arbitrage?
• 32:54 - Dawn shares how she would supercharge different note scenarios.
• 39:30 - How to create Infinity Return as a note investor?
• 46:27 - Why Dawn loves the Dance Between Property and Paper!!!
• 52:16 - Why type of returns/rates do seasoned note investors look for?
• 54:10 - Seasoned Note Investor, Chuck Trice, shares how he would structure Mark’s first note scenario for maximum profits. 

On this episode, Dawn will review a sample land note with a remaining balance of approximately $10,000, and guest, Chuck Trice was thinking of offering $5,000 representing a 40% return. But depending on the state, it could easily cost $5,000 to remedy a default, plus you have property taxes to keep on top of as well.