JF1247: Investing In Notes And Keeping People In Their Homes with Rick Allen

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 31 January 2018

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Rick and his company invest in notes, often times the houses are owner occupied. When asked if they would like to stay in the home, most of the time the owners say yes. Rick and his team will work with them to create a new payment that works for them and gets them caught up on their mortgage. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Be aware of pivots in the market” - Rick Allen Rick Allen Real Estate Background: -Co-Founder and fund manager of Cloud Capital Management and the Co- Founder of Paperstac -Participated in 400 single family homes purchases with price of $25M and a market value of $45M -Has conducted transactions with large A-list institutions -Expert experience in investment strategies of the real estate sector, with a primary focus on discounted acquisitions -Over 10 years experience in real estate investing -Say hi to him at http://www.cloudcapitalmanagement.com/ -Based in Winter Garden, Florida -Best Ever Book: Wherever You Go, There You Are Made Possible Because of Our Best Ever Sponsors:Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
0:11.0	with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.
0:23.0	InvestHERCON is not just another real estate conference.
0:27.0	It's a transformational experience focused on real estate investing,
0:31.0	business strategies, and self-care tactics, all designed to help women take
0:35.5	control of their financial futures. Gain the knowledge and skills you need to grow
0:40.0	your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.
0:48.0	To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.
0:56.6	That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-G-O-K-G-O-K-O-K-O-Kom,
1:00.6	Promo-G-O-G best ever to get get $100 off your ticket.
1:05.0	Listen.
1:06.0	And I think that's the biggest key is you're not learning anything if your mouth is moving.
1:09.0	So if you're able to stop and just take a breath and listen and be sincere and try to help these people out, that immediately
1:16.5	is something that is not expected.
1:19.3	Best ever listeners before we jump into today's episode, got two questions for you and this is for my
1:23.6	fix and flippers out there one are your financing costs eating what your bottom line
1:28.0	and two are you looking for a way to increase your overall profits by reducing
1:32.4	your loan payments to the bank or private
1:34.6	lender, of course you are right.
1:36.6	You're always looking to maximize the potential of your deal.
1:40.7	So here's a solution.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Best Ever CRE, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Best Ever CRE and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.