Where Do The Nation’s Top Note Investors Go To Take Their Business To The Next Level?
Eddie Speed knows how to architect a deal like the back of his hand. For almost 40 years, he has purchased more than 40,000 notes and the NoteSchool executive team has bought 3.5 billion dollars in notes. As an esteemed teacher of all aspects of real estate notes, Eddie’s innovative methods have earned him multiple industry awards and inaugural induction into the Small Balance Real Estate Hall of Fame. He has spoken at events across the country–teaching people how to find freedom and flexibility through a widely untapped and extremely profitable area of real estate investment: Creatively buying and selling notes.
At his core, Eddie is a problem solver. He is skilled at identifying roadblocks most investors couldn’t work around, and in finding solutions to creatively close in a way that’s exponentially profitable. In 2003, he founded NoteSchool, a real estate coaching program that teaches students to buy and sell performing and non-performing notes, as well as other alternative purchasing strategies like seller financing. Over the past decade, he has helped countless investors expand their portfolios by the millions using his out-of-the-box techniques.
The NotePro Mastermind
The Note Investors Board Of Directors
NotePro is strictly for top-notch, elite note investors. You will be surrounded by the movers and shakers in the industry.
NotePro is comprised of elite note investors and lenders that become your “Board Of Directors”. Your new Board of Directors will help you explode your transaction volume while implementing systems to regain control of your time.
NotePro members share EVERYTHING because they are in non-competing markets.
NotePro members create businesses together, lend and borrow money from each other, systematize inefficiencies, share inventory sources, and joint venture on note deals.
NotePro is APPLICATION/INVITATION only.
NotePro Mastermind Participants
Founder of NoteSchool
Specialty: 38 Year Note Veteran
Colonial Funding Group
Specialty: Note Retirement Specialist
Specialty: Teaching the Buy with OPM, Selling w/ Owner Financing
Liberty Capital Partners
Specialty: Fix n’ Flips, Private Lending, Notes
First Republic Investment Corp
Specialty: Cigars & Land
Specialty: Owner Financials Like a Boss
Paul F. O’Dwyer
Golden Harp Investments, LLC, CEO
NW Sovereign Corporation, President
Specialty: Note Brilliance
Specialty: Creative Financing
Sena Capital, LLC
Specialty: Note Investor
American Note Capital
Investor Lending, Owner
Specialty: Mortgage Lending
Connect and Collaborate with “The Elite Investor’s Board Of Directors”
The Top Real Estate Note Investors In The Nation
Why Should You Request An Invitation To Join Us At The Next NotePro Mastermind?
Because You’ll Get Access To The Same Systems, Strategies, Resources, and Relationships That Generate These Types of Results
“The ideas you will get so quickly far outweigh the cost of the membership. I have so much to take back to my office, so much that I need to change and I have a real positive outlook on what we’re going to be able to do with what I learned.”
“In the first 15 minutes that I walked in, I was talking with someone and they immediately answered a question I asked.”
I chose this mastermind because I knew Eddie Speed would do a good job being the facilitator and I enjoy the knowledge and comrade of other members.
Listen In and Discover How Our Privileged Members Have Achieved Success Inside Of NotePro Mastermind:
100% Satisfaction Guarantee
Our 100% Guarantee is very simple and is set up to be fair to both you as a potential member and for us as an organization.
If your application passes initial screening we will review it with you and if we both agree there is potential for massive mutual benefit you will be invited to attend your first Mastermind.
At the end of your first NotePro Mastermind, we’ll have a simple conversation. You will not be sold or pressured. Period.
If for any reason you are dissatisfied with the event, we will immediately refund you 80% of what you’ve paid keeping only the non-refundable minimum. No questions asked.
2:05 Joe Varnadore introduces Eddie Speed. The market is moving, and the best-informed investors make the best decisions. These are the times when creative financing does the best.
3:30 Total existing home sales have dropped over 2 million YoY. Next year’s number is expected to drop even more.
5:05 A record 24% of homes had a price drop in October, and sold for less than asking price.
6:17 Time on market rose to 35 days in October. One year ago it was 14 days.
6:42 A summary of October highlights from CoreLogic includes stats on: Median home price, homes sold, new listings, etc. Numbers are down.
8:38 Average 30-year mortgage with high credit rating is 7.654 (including APR and other costs).
9:37 Black Knight shows loan originations dropping from $4.7 trillion in 2021 to $2.5 trillion in 2022, and are expected to be $2.2 trillion in 2023.
10:43 Layoffs hit mortgage lenders, including Mr. Cooper who is one of the world’s largest. Eddie thinks this is the tip of the iceberg.
11:43 Creative financing fills the gaps left by conventional lenders. When money is scarce and expensive, seller financing comes to the rescue. In February, 2020, mortgage credit availability index was at 185. In October, 2022 it was 100. These leaves many eager homebuyers unable to qualify. This is when creative financing thrives.
14:10 Top real estate investors have been seriously affected because the flipping business has dried up.
15:15 Rental market tracker shows slowest growth in 14 months, and are starting to trend down. Because rents are coming down but expenses are going up, we are entering a “note cycle” when landlords switch to note investing.
16:35 Investor home purchases plummet as housing market slows. The wholesale business has swung down 170%. Hedge funds are no longer buying properties.
17:45 JPMorgan is about to spend $1 billion on rental homes across the US. Their plan is to build-to-rent, starting in Atlanta.
18:42 Consumer revolving debt, due largely to inflation, is way up from just one year ago. Consumers are resorting to high-interest credit cards to get by.
20:23 Federal Reserve chart shows consumer debt is at new highs.
21:50 Regarding non-performing loans, Black Knight report shows prepayments fall while foreclosures rise. 1.7 million mortgages are 30-days past due or already in foreclosure. Many loans are behind in payments but not yet in foreclosure. Forbearances are also up. Even so, Eddie doesn’t expect it to be as bad as 2008.
25:35 CoreLogic reports national transition rates on stages of delinquency. We’re slightly less than last year. But the loans that are 60 to 90-days past due (the point-of-no-return) are increasing fast.
27:17 Eddie stresses that the opportunity is NOW! There is not great news for the economy, but those black swan markets open huge opportunities for creative financing. Are YOU seizing the opportunity?
28:52 Eddie explains how the conventional rules of supply & demand reveal the lowest demand for home ownership in 20 years. Fractured closings continue to be very high—about 75% for wholesalers. Wholesaling activity is decreasing, but creative financing is increasing!
32:25 Joe closes by wishing Eddie a happy birthday!!!
33:05 Eddie says now is a great time to reinvent yourself to thrive during this stressful time. If you know what to do, it changes your perspective on how you see the future.
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