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November Winner (Cash Prize - One Payment Partial)
Wow what a race we had this month for the top of the 30-day leaderboard!! October's winner @Iván Terrero & @Kareem Aaron were back & forth all month - with Kareem just squeaking out the win on the last day of the month (190 points to Iván's 187) Special recognition to @Jordan Adamczyk for the 3rd place with 45 points - nice work everyone! Kareem - check your email to share your Venmo/Paypal and get your "one payment partial" of $129.97. What is a one payment partial? One of the reasons mortgage notes are so powerful is their divisibility: you can split a performing, cash-flowing note into separate assets and sell ownership of current or future payments. Note investors use "Partials" (contract template here for VIP Accelerator members) to sell a slice of the future cash-flow of a mortgage note. For example, you might buy a non-performing note for $10k, modify it with the borrower for monthly payments of $300 for the next 7 years (84 payments) and then sell the next 48 payments (4 years) to an investor for ~$10k to recoup your investment. In 4 years, your buyer's partial payments will be over and you'll get the $300 per month again for the next 36 months (or until the loan is paid off). In this case, we're using a "one-payment partial" as a hands-on learning opportunity to give the winner of our 30-day leaderboard a monthly payment of $129.97 (the exact monthly payment of one of our modified loans that recently paid off). And how do you win it yourself in December? Don't be intimidated by the big numbers on the leaderboard! These totals reset every day to only reflect the last 30 days of activity. So if you start posting, commenting & participating today - you'll have a good chance of being the top of the leaderboard in 30 days!
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Not sure where to start? Here 👇
New to Notes? → Learn Note Investing in <25 minutes [free] This fast track explains how investors buy debt for pennies and turn it into cash flow. ➡️ Start the Free Mini-Course Ready for deal flow → Apply for a 1:1 Strategy Session [free] We’ll review your goals, deal criteria, and show you how to access active inventory. ➡️ Book a Free Strategy Session Want to broker deals? → Access the Mortgage Note Matchmaker Masterclass [$97/m] Every training, every script, every template — everything you need to broker notes. ➡️ Get Immediate Access
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HI! 👋 (READ THIS FIRST)
Welcome! This Note Investor Network was designed with one goal in mind... Become the most helpful FREE community on the internet for real estate investors that want to level-up with Mortgage Note Investing (especially by helping homeowners and making money with Non-Performing Notes - the BEST way to invest in real estate). I've spent the last 14 years obsessively optimizing my client's note businesses to learn everything I can. During that time, I analyzed over $1B of real estate and helped my clients acquire $500MM+ of unpaid principal balance, generating $60MM+ revenue by fixing non-performing notes. All of my best knowledge, frameworks, tools and learnings are packaged into our All-Access Accelerator program, with everything you need to get started right here for free in this group. We've created three categories in the Community tab (Acquisitions, Due Diligence & Resolutions) for your questions. create a post whenever you get stuck. Use the Case Studies for your wins/losses & learnings! Start here with a brief orientation & then create a post and/or start the first training course. To your success!
📣 ROUND 2: The Pricing Game!
📊 Round 1 Results: Great participation on the first round! Most guesses clustered in the 35%–45% of UPB range, which shows strong equity awareness but conservative junior-lien discounting. Actual purchase price: $32,211 (~53% of UPB) Stay tuned for the actual note buyer @Dj Olojo, to break down how he turned this into a re-performer & sold for profit. 🎯 Closest guess (the winner!): @Roman Bassovski, who came within ~$1,200 of the actual sale price. Honorable mentions to: @Jeff Vincent: $30,000 @Smitty Smith: $30,200 (45–50% range) This Thursday on the community call, we’ll break down: - Why this asset cleared higher than most estimates - How the buyer underwrote borrower strength + equity - The modification strategy used - How it was exited as a reperforming note 📣 The Pricing Game — Round 2 🕹️ How to Play 1. Review the deal data below 2. Comment with your best guess for the final sale price 3. Optional: add 1–2 sentences explaining your logic 4. Closest guess wins the round 📂 Today’s Deal: Another REAL Closed Transaction Asset Type: Charged-Off, Non-Performing 1st Mortgage (Senior Lien, NPL) Sale Date: 04/19/2024 Property Type: 1,394 sq/ft Single Family Home (average condition) Location: Youngstown, OH 44502, Mahoning County Property Fair Market Value: $35,000 1st Mortgage UPB: $28,300.55 (subject asset) Status Notes: - Non-Performing Senior Lien - Charged off by the bank on 11/03/2023 - Property is vacant - Delinquent property taxes: $6,646.70 - Sold to a Mastermind Accelerator member on 04/19/2024 - Part of a 10-asset package What do you think this note actually sold for? Leave your guess down below!
Sourcing Deals for Note Creation
Hey everyone, my name is Maya Rivers. I'm excited to be here and learn from this high-level group. My expertise is on the front-end of the business: I'm an acquisitions specialist who sources distressed, off-market properties (both SFR and multi-family). I understand that the best performing notes are often created from clean, rehabbed assets. My goal is to find the raw materials for that process—the ugly houses that can be acquired at a deep discount, creating a perfect equity position for a note creation play. I'm looking to build JV partnerships with investors who see the value in this pipeline. I find the deal, you take it down and create the note. If you're looking for a consistent source of off-market properties to fuel your note creation strategy, I'd love to connect. Best, Maya Rivers mayarivers2018@gmail.com
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Real Estate Note Investors
skool.com/fixnotes
The nationwide network for mortgage note investing: learn the best (and under-the-radar) way to profit from Distressed & Cash-Flowing Real Estate.
Leaderboard (30-day)
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