JF1248: Pivoting From Landlording To Non-Performing Notes with Kimberly Banks Fawcett

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 1 February 2018

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Kimberly was a landlord but decided she did not want to deal with tenants anymore. Now she focuses on non-performing 1st mortgages. Being in this space allows her to help people stay in their homes, but sometimes she will have to take ownership of the properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Note buying has a lot of rabbit holes” - Kimberly Banks Fawcett Kimberly Banks Fawcett Real Estate Background: -Portfolio Manager at Inspired Capital Group, LLC. -Inspired Capital Group invests in non-performing mortgage notes on residential and commercial properties -Raised by real estate investors and bought her first rental property 3 months after graduating college. -Experience in both residential and commercial investments -Now focuses almost exclusively on the non-performing 1st mortgage space. -Say hi to her at www.inspiredcapitalgroup.com -Based in Plano, Texas -Best Ever Book: The One Thing 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	If you want to listen to these stories and go, okay, let's see.
1:07.8	So, okay, you can actually get out of that situation and be all right.
1:11.4	Okay, maybe I don't have as many things to worry about as I thought I did.
1:14.4	Then that's a useful exercise.
1:16.2	Best ever listeners before we jump into today's episode. For all my fix and flippers
1:20.0	out there are your financing costs eating away at your bottom line and are you
1:24.4	looking for a way to increase your overall profits by lowering your loan
1:29.3	payments to the bank or maybe your private lender. Well, our best ever sponsor, Patch of Land, you know Patch of Land,
1:37.0	they've been on the show.
1:38.0	Representatives of their company have been on the show many times.
1:41.0	They've been a sponsor of this show many many times they're back for war because they
	...

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.