The Chris Voss Show Podcast – Discover Mortgage Note Investing with Nathan Turner
The Chris Voss Show - Podcast tekijän mukaan Chris Voss
Discover Mortgage Note Investing with Nathan Turner EarnestInvesting.com DiversifiedMortgageExpo.com About the Guest(s): Nathan Turner is the founder of Earnest Investing and the host of the Diversified Mortgage Expo. Nathan is widely recognized as the Canadian Note Guy, having made a significant mark in the private investment sector since 2009. He leads Earnest Inc as President and manages the Earnest Investing LP Note Fund, focusing on purchasing performing and non-performing first lien mortgages in the US. With a background in fix-and-flip real estate and a knack for creative financing, Nathan provides accredited investors with lucrative opportunities in mortgage notes and collaborates with them to maximize their investment returns. Episode Summary: In this insightful episode of The Chris Voss Show, host Chris Voss engages with Nathan Turner, also known as the Canadian Note Guy, who delves into the intriguing world of mortgage note investing. Turner shares his journey from running fix-and-flip businesses to discovering mortgage notes in 2009—a shift that allowed him to enjoy the benefits of real estate investing without the associated headaches of property management. He provides valuable details on how Earnest Investing helps accredited investors secure consistent returns by investing in performing and non-performing first lien mortgages. Nathan illustrates the advantages of mortgage note investing, including flexibility and risk mitigation, contrasted against traditional real estate and landlord operations. He explains how Earnest Investing ensures profitable investment opportunities by purchasing mortgage notes at significant discounts and onboarding investors through detailed personal consultations. The discussion also touches on the Diversified Mortgage Expo, a significant event for those interested in the mortgage note industry, providing education and networking opportunities. This episode is a must-listen for investors looking to explore mortgage notes as a flexible and stable investment avenue. Key Takeaways: Flexibility in Investment: Mortgage note investing allows for significant flexibility in handling payments and negotiating with homeowners, unlike banks constrained by stricter regulations. Risk Management: By purchasing mortgage notes at a discount, Earnest Investing ensures a safer investment even in fluctuating markets. Accredited Investors: Earnest Investing focuses on accredited investors, providing them with stable returns from real estate-backed assets without the hassle of property management. Passive Income: Mortgage notes provide a steady cash flow without the common problems associated with being a landlord, such as property maintenance and tenant issues. Educational Expo: The Diversified Mortgage Expo offers a platform for learning and networking, crucial for both novice and experienced investors interested in mortgage notes. Notable Quotes: "I can get all the cash flow without any of the headaches that go along with being a landlord." – Nathan Turner "One of the cool things about notes is whatever's happening in the economy doesn't really affect my note." – Nathan Turner "We can negotiate and decide what works, and we can work out something that's far more beneficial for both sides." – Nathan Turner "I'm not a bank. I'm just a regular guy. So when I talk to the borrower, I am far more flexible than a bank." – Nathan Turner "It's a fantastic, IRA investment if people have money in the IRA. Absolutely love to have them on board for that." – Nathan Turner