It’s not very often that I have the opportunity to promote people I trust in the business with such enthusiasm. What’s really happening in the note industry? How much longer will NPN investing be a going concern? How has Dodd-Frank changed the landscape? Why is it more important than ever to make sure that you have licensing in place? My interview with Ron Happe addresses all of these questions.
NPNs have been quite the sexy thing the last few years. Some investors have made a lot of money, others have had a rough time of it. It’s a very information and labor intensive business, and if you don’t get the workouts processed, you don’t have the cash flow. And sadly, it can be hard to find a good servicer, who is also good at workouts. Main Street Capital is filling this niche. They have to figure this all out just to manage their own impressive portfolio of non-performing notes, so they are leveraging their knowledge and infrastructure into a business to help others.
They are also teaching others everything they need to know to buy and manage their own portfolios at their Note Mogul events, but afterwards, many people reali When they are fully set up across the country, I will board all of my owner occupied notes with them. And when my notes have hiccups, as they do every now and then, I have the best work out team in the county right there to help me, and to help struggling homeowners with resources that I simply don’t have time to keep up on. I am delighted to introduce and endorse Ron Happe and his top notch team at Note Mogul and Main Street Capital. Hope you enjoy and share the info with anyone else you know in the note industry. I will be at the Note Mogul event in July in San Francisco this year.
If you plan to attend any of the events (which I highly recommend) get $500 off when you use Discount Code: DAWN
OFC members-only chat:
Original recorded interview with Ron: