Note Mba

A few shout outs following our week up in Newark at NoteWorthy East. Robby breaks down an asset that he purchased for a Joint Venture investment funded by a friend from college. The investment fell outside the standard investment, as it was a fairly low cost note acquisition. The HOA held title as they had foreclosed a few years prior and were renting the property out for a small bit of income to the HOA. There are bunch of numbers flying around as Robby explains the deal, so we’ll be putting out a fully case study on this asset once the asset has been disposed of in the next few months. This was a great deal, but one of the big things to take away is that regardless of the size of the investment you make, you still have to make an investment to get into the game! The more deals you do the more you’re spreading your risk out and you’ll have a win like this to balance out a loss like the one Robby had at the end of 2014 in Kansas City. Robby gives another way to look at how you’re calculating your ROI and what