Note Investing Training Programs

[Chris Brown]

Hi everyone!

I recently attended Note Expo 2022 this past weekend.  I really learned a lot (this was my expectation).  I'm wanting to expand my understanding on note investing a bit more.  Can anyone recommend a training program that I can do so I can hit the ground running.  I have heard of Note School, Paperstac academy, Note Investors University, Note newbie, and Note Investor Tools, to name a few.  Which one would you recommend?

[Peter Halliday]

I know Dan Deppen and Chris Seveney both have membership style organizations.  I haven’t taken them, but have terrific reputations.  You can trust them.   

There’s several others that do mentorship that are worth doing too.   But my best advice is to just buy a note.  Size it appropriately so that f you lose you’ll live to fight another day.  I think starting with a performer is a better idea.  

[Bruce Lynn]

Not sure if Eddie Speed is still around and teaching out of Dallas, but I used to hear him speak years ago and he seemed like he is/was an expert.   I'm skeptical of most programs and gurus, but he seemed legit.

[Chris Seveney]

@Chris Brown

Can you let us know if you are looking at

1. Performing or non performing or both

2. 1sts and 2nds ?

3. Buying from secondary market or looking to originate / seller finance ?

With this info I can provide you with more information as there are some good programs out there but if you are interested in 2nds for example the really good programs for seller financing may not be as ideal as one catered towards seconds as an example.

[Eddie Fernandez]

Fred and Tracy Rewey's Note Investor tools for me has been awesome.  Both of them are extremely knowledgeable, the course content is thorough, and most of all affordable for a beginner.  You won't be disappointed.    

[Chris Brown]

Quote from @Bruce Lynn:

Not sure if Eddie Speed is still around and teaching out of Dallas, but I used to hear him speak years ago and he seemed like he is/was an expert.   I'm skeptical of most programs and gurus, but he seemed legit.

 Yes, Eddie does still teaches.  In fact, the Note Expo was his event.  I had the fortune of him sitting next to me during breakfast on the first day.  Learned some valuable nuggets of info!

[Chris Brown]

Quote from @Chris Seveney:

@Chris Brown

Can you let us know if you are looking at

1. Performing or non performing or both

2. 1sts and 2nds ?

3. Buying from secondary market or looking to originate / seller finance ?

With this info I can provide you with more information as there are some good programs out there but if you are interested in 2nds for example the really good programs for seller financing may not be as ideal as one catered towards seconds as an example.

 Since I am new to this space, I would prefer to have as safe of an investment as possible then graduate to the more sophisticated.  That meaning i would like to begin with performing 1st and 2nd liens.  However, with the rising mortgage interest rates upon us, originating and seller financing is a potential lucrative note space.

[Chris Seveney]

@Chris Brown

I would check out Fred and Tracey Rewey. They have some great content on seller financing and performing notes. From what I have heard they are also reasonably priced.

[Wale Lawal]

@Chris Brown

There are several programs you can find on 

1. udemy.com
2. roimuse.com
3. fortunebuilders.com

Good luck!

[Kevin Crowell]

Hi Chris -

Fred & Tracy are very helpful in the seller finance space and are very reasonably priced. Good luck. 

[Chris Seveney]

@Chris Brown

One rule of thumb I highly recommend - never ever ever buy loans from wherever you get your training.

If they teach you to buy at best price and sell at best price do you think they have your best interests in mind ?

[Paolo Ruggieri]

Feel free to PM me... I think I can help you.

[Chris Seveney]

@Chris Brown

Have you picked one? If so which one you go with and what was your reasoning ?

[Rochelle Jordan]

Wow,just buy a note,what about due diligence?