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
099: Love It Or List It, You Decide
1 day ago
Love it or list it? To start off the show, Robby discusses a decision he has to make with his condo/loft in Las Vegas. He needs to decide whether to rent it out again or to sell it and use the capital for a multi-family deal he has his eyes on. Chase lets listeners know that a survey will be emailed out to the Note MBA Insiders who will get to help Robby decide what to do! Chase then brings up the idea, from a few shows ago, about bringing on a tax/accountant guy to interview on the show. He let’s everyone know that it is actually in the works and is trying to make it happen before the end of the year. The guys then segue into the topic of Contract for Deeds. Recently, a well informed listener (on the topic of contract for deeds) reached out to Robby to give him a contact for an attorney in Columbus, OH and also, a link for a great resource as well which is: contractfordeed.uslegal.com/state-laws It’s an extremely beneficial resource that links to each State’s laws on Contract for Deeds! Robby then discusses another email about Contract for Deeds from a listener in Orlando named Earl Green and how he has purchased 5 of them in the last 5 months. He divulges some great info about how he has found some of the unspoken nuances with them. This turns out to be some excellent intel for Robby who is very grateful as it has saved him some much needed time and money during the due diligence phase. Listen in to hear 4 great tips from Earl that will be a huge assistance with these types of deals! 1. Eviction clauses may work on the borrower, but my attorneys have warned against it. I’ve checked with them in GA, LA, SC, NC, FL and AL. All indicated the CFD gave the borrower equitable interest and a foreclosure or similar legal action would be required. LA had a fast track of 45 days, but that’s because it’s similar to their Bond for Deed (Title 9-2945). It wasn’t because of the Agreement for Deed language.
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