Cash Flow Guys Podcast
035 Cash Cow Note Investing Basics with Paige Panzarello
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:31:22
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Sinopsis
Working smarter not harder is the focus of this episode as Paige Panzarello of CashFlowChick.com and Tyler Sheff of CashFlowGuys.com discuss putting our money to work for us, instead of us working for it. Paige and Tyler have spent the last year or so building a team to acquire non performing notes and service them effectively for our investors. We take this opportunity to discuss a general overview of what exactly “notes” are, the ups and downs of the note investing business and how we can profit from “paper”. We buy notes at a significant discount….these are notes that are “non”performing” which means the borrower has stopped paying. The banks desire to sell these non paying notes at a discount to “clear their books”. Often we find that the banks have not even bothered to reach out to the borrower to find out why they are not paying. When we buy these notes, our team is able to reach out to the homeowners and often make arrangements to lower their loan costs or terms to allow them to start paying a