BTM178: Become the Bank – Investing in Seller Financed Notes with Eddie Speed


Manage episode 289131531 series 2905618
By Daray Olaleye: Real Estate Investor and Business Coach, Daray Olaleye: Real Estate Investor, and Business Coach. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Today’s guest Eddie Speed, has over 40 years experience buying distressed notes. Eddie is known as the person the guru's, guru's go to for note investing and passive income. To date, Eddie and his team have bought over 50,000 seller financed notes to the tune of 3.5 billion dollars.

On today's show we talk about why Eddie decided to specialize in flipping and holding distressed notes. Eddie figured out a long time ago that he needed a transactional side of the business (flipping) as well as a wealth building side (holding) and combined both strategies to become one of the nations most premiere note buyers and educators.

Key Points From This Episode:

  • Why seller financed notes are the next hot topic
  • How to OWN your own bank
  • How to capitalize in a market of tired landlords
  • Why courthouse records are so important for deals
  • Why wealth is more important than transactional revenue

Links Mentioned in Today’s Episode:

Eddie’s Website

Recommended Book:

Never Split the Difference Chris Voss

Listen to this books for free!

Lifestyle Design App:

Office 365

188 episodes