Episodes
Wednesday Jun 22, 2022
Can You Be the Bank? Notes Investing With Nathan Turner
Wednesday Jun 22, 2022
Wednesday Jun 22, 2022
Buying a house and obtaining a mortgage are major life decisions, and the last thing anyone wants is to experience financial difficulties and potentially lose their home.
This is where our guest, Nathan Turner, also known as the Canadian Note Guy, comes in. Nathan walks us through how “Note Investment” works, how he helps borrowers get up-to-date on their payments (thus making a non-performing mortgage to a performing one)--he wants to help you become the new “bank” for the borrowers.
Enjoy listening!
What we learned from Nathan Turner in this episode:
- What exactly is Note Investing? Find out how to become the bank!
- How much exactly do you earn from Note Investing? Discover the tricks behind it.
- How can you begin investing in notes? Let's take a look at how you can get started.
- Does note investment work in Canada?
- A bankruptcy-proof investment - Nathan discusses why note investing is almost exclusively bankruptcy-proof.
- Learn about loan servicing companies and amortization loan terms in the US.
Success Quotes:
"Notes investing is fun. It's very much a thinking game.”
“That's part of the whole thing is you've got to learn what you're doing, because you could get yourself into a bunch of trouble.”
Timestamp:
00:00 - Intro
02:13 - Nathan explains the basics of note investing and how you can become the bank.
06:39 - Nathan discusses the principles behind note investing and how to make money from it.
07:40 - Nathan talks about how he learned about notes investing.
12:38 - Nathan shares why note investments are not a good fit for Canada.
18:50 - A bankrupt-proof investment - Nathan discusses why note investing is almost exclusively bankruptcy-proof.
26:57 - Nathan explains how a loan servicing company can handle the work for you.
27:42 - How does the amortization loan terms work in the US?
29:51 - Nathan reveals how many mortgages he has purchased, as well as how many times he has foreclosed.
32:05 - Ways to connect with Nathan.
33:27 - Outro
About the Guests:
Nathan Turner, well known and respected in the note industry, having spoken at every major note conference. He is also the owner and host of Diversified Mortgage Expo, a leading annual note conference that offers the chance to learn about and mingle with other note investors and professionals.
Connect with Nathan Turner here:
LinkedIn: https://www.linkedin.com/in/nathan-turner-a9a1b510/overlay/contact-info/?locale=fr_FR
Website: https://earnestinvesting.com/
Email: nathan@canadiannoteguy.com
Connect with Us:
Facebook Page: https://www.facebook.com/restateinvestorsclub/
Email: reic@clubimmobilier.ca
Axel Monsaingeon’s LinkedIn: https://www.linkedin.com/in/axel-monsaingeon-42577b28/
Axel Monsaingeon’s Instagram: https://www.instagram.com/monsaxel/
Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/
Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/
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