Let me clear something up about the Noteworthy East Note Summit taking place Oct 10-13th and I'm sure that @Bob Malecki and @Kevin Cordell can both vouch for knowing me personally.
Noteworthy East is NOT going to be a pitch fest. I've had several conversations with Jack Sternberg and we both agree that we want to focus on CONTENT. Now there are always bills that need to be paid for such an event so there will be some sales, but we are limiting the number of speakers selling. Overwhelmingly, there will content, content, and more content as even the few speakers selling something will be giving an ALL CONTENT session.
Yes, have the previous Noteworthy's been a pitch fest. I won't argue with this. But its been my main goal to re-invigorate this event with real content that you can really use in your business! So if you don't want to listen to some one selling, you will have the opportunity to either catch another content session, meet with vendors in the vendor area, or just network with other investors.
We will be including on Monday the 13th, a live note auction where several of the hedge funds will be posting deals that you can submit bids on!
I am excited to be bringing in two amazing speakers who have not spoken at Noteworthy before....Greg Reid and Mark Yuzuik. Greg is the author of Think and Grow Rich: Three Feet from Gold (co-authored by Sharon Lechter from Rich Dad, Poor Dad), and Mark is a New Jersey native who is a master hypnotist and a very seasoned real estate investor investing today.
Regardless, Noteworthy has always been an amazing place to network and meet like minded investors just like Bob and Kevin.
If you come to the event and walk away disappointed, I will glady refund your tuition for the event. Heck, I'll even offer you $100 off the $249 price! Just use the code 100off at bit.ly/NoteworthyEast.
I'm here to help and feel free to contact me directly with more questions!
Its going to be a pitchfest and if you live near there, not a bad event to attend. Best resources will be making connections and getting to know the vendors. My experience has been that the presentation are hit and miss on beneficial content. Feel free to connect with me and I can provide a bit more discreet knowledge off-board.
I have to agree with Bob on this being a pitchfest. There are some good sessions and networking opportunities with other like-minded investors. If you have never been to one, I think it would be beneficial to attend and just network with others, sit through some of the sessions offered by other investors.
I own a servicing company and usually advertise my services there and sometimes speak. I am not selling any programs or pushing anything. I like to meet with investors, explain my servicing and help people make decisions for themselves. I plan to be there on Saturday with some friends and just hang out. If you attend, look me up.
Let me clear something up about the Noteworthy East Note Summit taking place Oct 10-13th and I'm sure that @Bob Malecki and @Kevin Cordell can both vouch for knowing me personally.
Noteworthy East is NOT going to be a pitch fest. I've had several conversations with Jack Sternberg and we both agree that we want to focus on CONTENT. Now there are always bills that need to be paid for such an event so there will be some sales, but we are limiting the number of speakers selling. Overwhelmingly, there will content, content, and more content as even the few speakers selling something will be giving an ALL CONTENT session.
Yes, have the previous Noteworthy's been a pitch fest. I won't argue with this. But its been my main goal to re-invigorate this event with real content that you can really use in your business! So if you don't want to listen to some one selling, you will have the opportunity to either catch another content session, meet with vendors in the vendor area, or just network with other investors.
We will be including on Monday the 13th, a live note auction where several of the hedge funds will be posting deals that you can submit bids on!
I am excited to be bringing in two amazing speakers who have not spoken at Noteworthy before....Greg Reid and Mark Yuzuik. Greg is the author of Think and Grow Rich: Three Feet from Gold (co-authored by Sharon Lechter from Rich Dad, Poor Dad), and Mark is a New Jersey native who is a master hypnotist and a very seasoned real estate investor investing today.
Regardless, Noteworthy has always been an amazing place to network and meet like minded investors just like Bob and Kevin.
If you come to the event and walk away disappointed, I will glady refund your tuition for the event. Heck, I'll even offer you $100 off the $249 price! Just use the code 100off at bit.ly/NoteworthyEast.
I'm here to help and feel free to contact me directly with more questions!
I just signed up last night, train and hotel booked. This will be my first note conference. I have sat on a few of your webinars Scott. Any suggestions for a first time attendee. I currently own 4 performing 2nd notes and am very excited about expanding my knowledge and understanding what opportunities are out there.
a little off topic... But were do you guys get deal flow these days with SEller carry back issues as they relate to dodd frank and the qualified mortgage.
Is the business now mainly about dealing with NPN from institutional sellers? IE your having a hedge fund present opportunities at your event.
We only buy institutional notes from banks and hedge funds. I'm not buying seller carry backs.
I've been buying since 2008. Remember, Dodd Frank is only for new notes written after January 2014 and does not affect earlier seller carry backs.
I recommend having a nmlo review your work and or write up the loan with a TIL, GFE and 1003. It will be interesting to see what happens when they do away with these in the near future with new loan regulations.
got it thanks... I suppose you see the markets shifting with note valuations as well.
Like CA notes trade for more than a note in the mid west... etc etc. in your expert opinion is the NPN volume drying up somewhat or is there still a bunch of shadow inventory of notes ?
got it thanks... I suppose you see the markets shifting with note valuations as well.
Like CA notes trade for more than a note in the mid west... etc etc. in your expert opinion is the NPN volume drying up somewhat or is there still a bunch of shadow inventory of notes ?
or do you only buy performing note portfolios?
Well, last year I came across a report from NY Fed Reserve stating $520B in seriously delinquent notes still on the books of financial institutions. A good portion of this is expected to be sold to the secondary market over the next 3-7 years. Here's a few links:
THE PAPER SOURCE NOTE SYMPOSIUM: CA$H FLOW PROFITS 2015!
Super Early-Bird Special Discount Ends Midnight Wed. March 25 — Just $299.00 — Includes all sessions, open bar receptions, white tablecloth luncheons, continental breakfasts, refreshments & more!
tell you what. If you use the special code NWFREE you will get FREE ticket to the Noteworthy East Note Summit April 10-13th in Newark, NJ. I've got a limited number of tickets to it. Trust me, its worth the $249, but I'll give you the Bigger Pockets discount!
THE PAPER SOURCE NOTE SYMPOSIUM: CA$H FLOW PROFITS 2015!
Super Early-Bird Special Discount Ends Midnight Wed. March 25 — Just $299.00 — Includes all sessions, open bar receptions, white tablecloth luncheons, continental breakfasts, refreshments & more!
I attended this in 2012 and it was an excellent resource for both the starter and seasoned note investor. No pitches, lots of networking and well planned agendas.
got it thanks... I suppose you see the markets shifting with note valuations as well.
Like CA notes trade for more than a note in the mid west... etc etc. in your expert opinion is the NPN volume drying up somewhat or is there still a bunch of shadow inventory of notes ?
See this article, I think there will be a few more NPLs available for us all.... :^)