In the dynamic world of real estate investing, few names carry as much weight as Eddie Speed when it comes to creative financing and note investing. As the founder of NoteSchool, Eddie has transformed from a young note buyer in 1980 to one of the industry’s most respected educators and innovators in the creative financing space.
Early Beginnings in a Challenging Market
Eddie’s journey began in 1980 when, at just 20 years old, he started buying seller-financed notes with his father-in-law. “I got stupid lucky,” Eddie recalls, having fallen in with seasoned professionals who were pioneering the modern seller finance note buying business. This timing coincided with a period of significant market challenges – interest rates had skyrocketed to 20%, forcing many in the real estate industry to adapt or fail.
Building a Foundation of Excellence
Rather than being deterred by market conditions, Eddie saw the opportunity. He began traveling extensively, from Hattiesburg, Mississippi to the Gulf Coast, working with homebuilders and realtors who were forced to carry seller financing. This early experience taught him a crucial lesson that would later become a cornerstone of NoteSchool’s teaching philosophy: success in real estate isn’t about being the smartest person in the room – it’s about understanding how to position yourself differently in changing market conditions.
The Birth of NoteSchool
After setting up the note system for HomeVesters and spending a decade showing real estate investors how to structure seller financing, Eddie recognized a greater need in the market. He founded NoteSchool to share his expertise and help others navigate the complex world of note investing and creative financing.
Innovation in Education
What sets NoteSchool apart is its focus on data-driven decision making and adaptable strategies. As Eddie emphasizes, “You can’t just follow the herd. When people are greedy be scared, when people are scared be greedy.” This philosophy has helped countless students navigate various market cycles successfully.
Current Market Impact
Today, NoteSchool’s teachings are more relevant than ever. With over 2 million residential mortgages currently not making payments and approximately 12 million houses owned by small-time landlords (many of whom are experiencing burnout), the opportunities for creative financing solutions are abundant.
The Tax Loophole Strategy
One of NoteSchool’s most innovative teachings is the “tax loophole strategy” for working with frustrated landlords. This approach helps investors structure deals that allow property sellers to defer taxes through installment sales, addressing one of the primary obstacles that prevent landlords from selling their properties.
Key Principles for Success
Through NoteSchool, Eddie emphasizes several crucial principles:
- Focus on wealth building over transactional income
- Understand and leverage market data
- Master financial modeling
- Maintain multiple strategy options
- Look beyond headlines to find real opportunities
Looking Forward
Even after 40 years in the business, Eddie maintains an optimistic outlook on the market’s future. “I’m looking at this market optimistically,” he says. “What I’ve trained for for 40 years is going to have a lot of value in the market.”
The NoteSchool Difference
What truly distinguishes NoteSchool is its commitment to teaching real-world, adaptable strategies that work in any market condition. Students learn not just the mechanics of note investing, but how to think strategically and position themselves for success regardless of market conditions.
“When your living is made on January 1st, then you can really go make a lot of money for the rest of the year,” Eddie shares, emphasizing the importance of building sustainable wealth through note investing and creative financing strategies.
Your Journey to Real Estate Success Starts Here
Ready to achieve success in note investing? The best time to start is now! Take advantage of the resources below to learn from industry experts, connect with a thriving community, and unlock your full potential in creative real estate financing.
Your journey toward financial freedom begins today—don’t wait to take the next step!
Whenever you’re ready… here are 4 ways we can help you start your journey into note investing:
Download the Free Note Investor Guide– Start learning the basics right away.
Get the Full Note Investing Book–Delivered straight to your door.
Watch Our On-Demand Webinar – Learn the secrets of note investing anytime.
Join Our Upcoming Live Training – Ask questions and dive deeper into notes.
