EP105: My First Note With Rick Allen

🔥 Rick Allen's First Mortgage Note Purchase: Uncovering the Secrets to His Success! 🔥In this captivating episode, we talk about Rick Allen's first note purchase. Join us as we dive into Rick's first mortgage note experience, uncovering the lessons learned and how they influenced the success he enjoys today.Journeying from Real Estate Investment Homes to the Realm of Mortgage Note Investing 📈 We start with the backstory of how Rick transitioned from selling real estate investment homes to exploring the note market. Find out how he got a call from a real estate agent offering him a chance to purchase a frame duplex in Winter Garden, Florida.Navigating the Note-Buying Process:Explore how Rick stumbled upon this fantastic opportunity and skillfully navigated the ins and outs of the mortgage note-buying process. Rick's journey of making an offer, negotiating the price, and securing the note for $8,400 will keep you on the edge of your seat!Stay tuned for more captivating stories from our my first note purchase series!➤ Don't forget to like, comment, and subscribe to our channel for more captivating content on mortgage notes and real estate investing.SUBSCRIBE HERE: 👇  👉https://pstac.co/subscribe_on_youtube 👈__________________________________Chapters: 00:00 Introduction00:50 Rick's Fasting Journey & Brett's Kitchen Renovation01:14 How Rick Got Into The Note Investing Space02:26 The Story Behind Rick's First Note Purchase04:39 Negotiating the Purchase Price with the Seller6:03 Conducting Due Diligence & Research on the Property8:00 Negotiating a Deed in Lieu of Foreclosure10:12 Closing the Deal & Listing the Property for Sale11:44 Selling The Property Quickly & Profitably 13:36 Challenges & Obstacles Faced During the Note Purchase14:51 Learning Experiences & Lessons From the Mortgage Note Deal16:27 How Word Spread About Their Success in Note Investing17:35 The Start of a Successful Note Investment Journey 🔔 Don't forget to like, subscribe, and hit the notification bell to stay updated with our latest episodes. Share your thoughts in the comments below, and if you want to learn more about note investing, visit www.paperstac.com for valuable resources and tools.🎬 Share this video: https://youtu.be/x9PoNLHUlmk_______________________________________________________Follow Us On These Platforms:👇➤ Facebook: https://pstac.co/facebook➤ Linkedin: https://pstac.co/linkedin➤ Twitter:  https://pstac.co/twitter➤ TikTok: https://pstac.co/tiktok➤ Instagram: https://pstac.co/instagram➤ LinkedIn Paperstac Newsletter: https://www.linkedin.com/newsletters/7061367477401702401/ _______________________________________________________📚 NOTE INVESTING EDUCATION:Looking for further education on note investing? 👇Explore the Paperstac Academy: ➤ https://pstac.co/academy A mortgage note investing course designed to help you go from beginner to purchasing your first note.📒 FREE Note Investing Guides: 👇➤ https://marketing.paperstac.com/guides_______________________________________________🔊 SPEAKERS:  Rick Allen & Brett Burky👉 Check out our podcast:https://pstac.co/podcast_on_youtube👉 Check out our Snackable Series:https://pstac.co/snackable_series#noteinvesting #mortgagenotes #realestateinvestingFollow Us On These Platforms:👇Facebook: https://pstac.co/facebookLinkedin: https://pstac.co/linkedinTwitter:  https://pstac.co/twitterTikTok: ...