About This Show
The Note MBA Podcast aims to show you an inside story of two guys who have jumped head first into the defaulted note business. Follow us as we share our grassroots education in note investing and this expanding community of investors. Learn all while one half travels the world in pursuit of every location independent entrepreneur’s dream and the other expands his love for business and family enough to fill the great state of Texas. We’re here to show you that you’re never alone in the note business. Join us every Wednesday to find out what we’re up to now.
Most Recent Episode
108: Analytical Engineer to Real Estate Investor, Multiple Family to Notes
1 day ago
On today’s episode, Robby and Chase interview a guy that went from analytical engineer to real estate investor. They are fortunate to have a guest on the show with a wealth of experience in multi-family and single family investing. His name is Adam Adams with AJA Investments. They get started by letting Adam talk about how his ROI analysis software which evolved over time to allow for more efficient analysis of potential note deals. They go on to discuss how the overall effects of this on his business and the benefits to understanding and being confident in your numbers. They then segue into discussing forced place insurance and a cheaper insurance option that Adam recently found at Note Expo in Fort Worth, Texas. One of the great things that Adam found is a program they have for pools of notes where he’s paying 1% premiums per year on his declared note value. This prompts Robby to ask a question and also issue a small challenge. Robby uses REI Guard through Infinity and he does the replacement cost / actual cash value. The question is whether Adam’s policies cover theft which they do and is extremely valuable. Adam then let’s Robby know that he insures for the note price and the work out cost. Adam let’s listeners know to ask for Beth with J.B. Lloyd & Associates. Adam then goes into how he first got into the note space and what enabled him to get comfortable with investing outside of his backyard which Robby notes is a challenge for numerous new investors. One of the biggest assets has been finding a great Realtor in the area that he’s investing in. The one he’s been working with in one area actually ended up becoming a JV on a couple deals with him. After the great intro, they dive into numerous topics such as: The various deals Adam has worked and numbers on those The importance
Rated 5 out of
This is the best kind of mba
I had never thought about trading house notes before. However, Anyone in who invest needs to listen to Chase and Robert. They have uncanny insight and are wonderful at the explaining topics.
Date published: 2015-01-21
Rated 5 out of
Great Podcast Guys!
Hey Guys - I am LOVING each episode of your Podcast and can't wait for MORE!
Date published: 2015-02-02