In all businesses, not just real estate, the successful people know that underserved markets are the most profitable.
Flipping house is all the rage. Everyone loves to do it and with a few months' worths of hard work, they pull in tens of thousands of profit.
Guest: Justin Bogard of Indianapolis is a 4 Year NoteSchool Veteran that has mastered the Art of Note Flipping.
Justin has averaged 41 Plus Note Flips per year for the last couple of years at an average fee of $3,800 per deal. (41 x $3800 = $155,800)
Flipping houses is a tough market that everyone jumps into while flipping notes is an extremely profitable market that only a few knowledgeable insiders are doing!
Discover how Justin Finds, Analyzes, Values, and Resells Notes or ‘F.A.V.R.’
Bonus - This skillset doesn’t require that you know everything about the process.
Timestamp: 0:01 - Teaser: “You can flip a house but it is much easier and more profitable to flip a note.” 0:18 - Introduction 1:34 - Breaking News 2:04 - House Insecurity - News from DS 4:12 - Eddie Speed’s Editorial on the news 5:14 - Today’s guest: Justin Bogard 6:00 - Justin’s bio 9:27 - How do you find the notes that you flip? 15:04 - How do you deliver the “bad news”? Meaning when you tell the seller the price you can pay. 18:21 - How many conversations before talking about the price? 19:36 - Justin explains the process of note flipping. 23:33 - What advice would you give somebody that’s starting out in the mortgage notes business? 24:40 - How many deals has Justin done in the last couple of years? 26:18 - Feeding Frenzy Friday 29:20 - After Party 29:40 - What are other ways that you now market for your notes? 31:06 - Question for Eddie: When you are still starting what are the things that help position you as the expert in dealing with notes? 32:32 - Is it true Justin that you started your flipping notes business using a direct mail campaign? 33:21 - How do you find inventory? 38:40 - How did you learn what you know? Did you take NoteSchool classes?
Landlords are burning out. Tenants are behind on rent payments. Toilets are backing up.
Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free!
Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class: https://new.noteschool.com/TV
