Understanding Note Investing with Eddie Speed

How much do you know about note investing? Is it something you’ve been hearing about, but you have no idea what it entails? This episode is for you. In this episode, I have Eddie Speed joining me on the show. He is a note investing expert with over 42 years of experience in the industry. His career in the industry started with working with his father-in-law and later left to build something of his own. Eddie has made it his mission to teach people how they can become better in the note business and real estate in general. If you are interested in selling a property but you are hesitant because of the tax implication, this episode is for you. Eddie has a solution for you.Key Talking Points of the Episode:[0:00] Introduction[02:22] How Eddie built the note business[06:52] Understanding seller financing[09:18] Dictating the terms and what good terms entail[11:12] Eddie’s ideal client[15:06] Who is a hobbyist landlord?[29:19] The different ways of structuring a deal[32:33] The power of specializing[38:45] Eddie’s teaching methods[42:19] Learning through case studies[45:03] Best of show strategiesQuotes from the Episode:“Every real estate investor in the country, if you’re fairly savvy, knows the most likely Customer to sell is a frustrated landlord.”“Every real estate entrepreneur has to find the niche in the market that’s not solved.”“Just because the industry left you behind doesn’t mean you’re bad.”“The big acquisition teams can’t go be flexible and figure out these other little angles. The small guy can.”“The best way to learn is case studies.”“You can make anything complicated if you don’t say it the right way.”Connect with Eddie Speed:Website: https://noteschool.com/ LinkedIn: https://www.linkedin.com/in/eddiespeed _______________________________________Love the show? Subscribe, rate, review, and share!Here’s How »Join Flipping Out community today:thevirtualinvestor.coFacebookLinkedIn