Episode 99: Become the Bank, Learn to Invest in Notes with David Putz

David Putz, the CEO of JKP Holdings LLC. In 2010, Dave Putz decided he was tired of dealing with the headaches of being a landlord. He had been involved in property rehabs and rentals since 2005, and five years later, chasing people down for rent, dealing with maintenance issues, and coughing up cash to cover expenses when properties were vacant just didn’t seem worth the return. Dave began his experience of looking for more passive income with distressed notes by working at a private equity fund. During his time at the fund, Dave analyzed large quantities of non-performing notes and consulted on which assets to purchase. In late 2012, he left the fund to start personally investing in notes nationwide and later formed his company, JKP Holdings. In 2016, Dave started a nationally-known webinar where he uses his relationships with other experts in the same space to speak on topics related to note investing. Dave has created and utilized many forms of automation to expedite repeat tasks to reduce errors and increase time efficiency, which he passionately shares with his community and on his website. In 2021, JKP Investment Community was created. The Community is a weekly mastermind of like minded investors who get together to assist each other in obtaining their 6 month and yearly investment goals. Together with his experience and strong relationships, Dave’s extensive knowledge in the space of Note investing has provided great success and profit to JKP Holdings and partners. 🔥 This episode talks about: ☑️ The differences between investing in real estate vs notes  ☑️ How can you invest in a note? ☑️ Examples of how mortgage notes work  ☑️ Lienlord vs. Landlord ☑️ Where to find notes for sale? ☑️ How much do you typically need to get started buying notes? ☑️ What types of notes should one buy if he/she is new to the industry?  ☑️ Non-Performing vs. Performing Notes ☑️ What to do after your first note?  ☑️ Expected ROI/IRR when investing in notes?  ☑️ Can anyone buy and sell mortgage notes without any restrictions? ☑️ The advantages of investing in notes and their tax implications? ☑️ Some of the drawbacks to note investing?  ☑️ What is a short sale in real estate? ☑️ The difference between a mortgage deed and a note?  ☑️ Who is JKP Holdings LLC and what services do they offer? To connect with David Putz and to learn more about note investing private equity fund, please visit: 👉Website:➡️http://jkpholdings.com/about-us 👉Linkedin: ➡️https://www.linkedin.com/in/daveputzjr/ 👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com 👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins 📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com 🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.