Taking Notes: Getting Note Traing & Education

Nothing gets me more charged up than when I come from a workshop or seminar. That’s exactly what has happened over this past weekend in Chicago. I attended Scott Carson’s Note Buying For Dummies. This intense four days of training motivated the non-active cells contained within me. Usually, I become dull and void after trying to become the jack-of-all trades in the real estate arena. The thing is, after juggling so many hats, you suddenly come to realize that you aren’t mastering much of anything. My start in real estate began with my first wholesale deal in 2013. Since then, I have ventured off into everything from fix and flips to tax liens. Don’t get me wrong, there is a time and place for checking out other areas of investing. However, after leaving this past weekend’s training, focusing on notes is the path I will be continuing on. The great part about the whole thing is that there are several people who attended the workshop who can hold me accountable for making such a declaration. Speaking of people, the power to be able to network with others and share some of their experiences makes it worth the effort of attending. In the note business, building good relationships with others in the field carries you miles away. Accompanying me at the workshop was my two business comrades, Johnathan Newman and Jon Jack. They soaked up the training and made a commitment to continue building on the note training. Buying notes is another world outside of the traditional form of real estate investing. This niche market requires the investor to “follow the paper” without not necessarily rehabbing the physical property. Of course, the note investor can very well “rehab” the loan or use several other exit strategies without doing any physical work. Due diligence and the crafting of the exit strategy is extremely important, especially if you as the investor are looking to arouse the interest of a joint venture partner. Attending a good workshop such as this one creates opportunities for others to “lend” their expertise and recommendations. Essentially, they can help in the areas where you are less informed in order to complete the note buying process. No matter how you slice it, getting the right education excels your performance in any type of business. Certainly, with notes, you as the investor are solving financial problems of the borrower as well as creating income for yourself. Lloyd Bowman Visit Choice For Notes