All Forum Posts by: Joe Daigle

Quote from @Joe Daigle:

Quote from @Chris Seveney:

@Joe Daigle

What state?

Thanks Chris  

The property is located in California.  

Thanks again  

Quote from @Chris Seveney:

@Joe Daigle

What state?

Thanks Chris  

The property is located in California.  

Thanks again  

I’m in the process of doing a hypothecation deal, as the lender. And, I’m in need of an attorney to review the the agreement between myself and the borrower.  

Thanks for the information.  

Quote from @Mia Crampton:

Thank you @Dave Van Horn and @Steve Hodgdon and @Todd Rasmussen and @Wesley I. for the feedback. Full learning mode ahead! 

I’ve found Bill Mencarow and Tom Henderson to be great teachers of note investing  Bill is the founder of paper source and Tom teaches a calculator class that provides unbelievable value.

These guys are like the grandfathers of note investing (they have 30+ years experience).

Also beware of the so-called mentors that also sell you notes (that’s one of Bill’s main points of contention w/mentors) because of the conflict of interest.  

There’s a multitude of information out there but, you must be careful with whom you associate with. Because there’s also a lot of crooks, looking for the newbie, since note investing is the new investing rave that everyone is talking about. 

Like someone mentioned: buy a performing note and learn from that along with attending conferences, like Paper Source. And you can use the money that you would pay a mentor to buy notes.  

Good success to you. 

Quote from @Joe Daigle:

Quote from @Chris Seveney:

Quote from @Joe Daigle:

Thanks to all that comment.

Should a newbie concentrate on notes in their "backyard" or does it really matter?  

Also, which due diligence needs to be more in-depth, 1st performing or 2nd non-performing?

Thanks again to all that comment.

 What state are you looking to invest in?

Chris,

So far, I have bought (2) 1st position performing notes.  One is in Indiana and the other is in Michigan.  I live in Las Vegas NV.
But, I’m new to this, so I’m trying to find my way and make sure I’m proceeding fairly correctly. 

Thanks for asking. 

Quote from @Joe Daigle:

Quote from @Chris Seveney:

Quote from @Joe Daigle:

Thanks to all that comment.

Should a newbie concentrate on notes in their "backyard" or does it really matter?  

Also, which due diligence needs to be more in-depth, 1st performing or 2nd non-performing?

Thanks again to all that comment.

 What state are you looking to invest in?

Chris,

So far, I have bought (2) 1st position performing notes.  One is in Indiana and the other is in Michigan.  I live in Las Vegas NV.
But, I’m new to this, so I’m trying to find my way and make sure I’m proceeding fairly correctly. 

Thanks for asking. 

Quote from @Chris Seveney:

Quote from @Joe Daigle:

Thanks to all that comment.

Should a newbie concentrate on notes in their "backyard" or does it really matter?  

Also, which due diligence needs to be more in-depth, 1st performing or 2nd non-performing?

Thanks again to all that comment.

 What state are you looking to invest in?

Wow! I have a CFD in Indiana that was originated by Harbour. Is this a state issue ruling or is it a problem with the Harbour originated CFD"s, regardless of the state?

Thanks for sharing. 

Thanks to all that comment.

Should a newbie concentrate on notes in their "backyard" or does it really matter?  

Also, which due diligence needs to be more in-depth, 1st performing or 2nd non-performing?

Thanks again to all that comment.

Thanks, Harrison.  I hope to be there, since I live here in Las Vegas.