Today I’m having a conversation about owning debt as an asset with Eddie Speed of Colonial Funding Group. Eddie has been on the note side of real estate for many years, and he will be sharing how smaller, individual investors can have a space of real estate. He’ll also dive into alternative investments and what we can learn from the past and apply to how we find opportunities now.

Listen in as we talk about notes and debt as an asset, as well as how the 2008 great recession unfolded and what makes what we’re going through now a whole different opportunity. You’ll learn the importance of your positioning, placement, relationships, and network in allowing you to join this field and participate successfully.

Subscribe: Apple Podcasts | Android | Google Podcasts | Stitcher | Spotify | More

Minute Markers:

• 3:12 – Eddie’s background in notes and how he teaches others about it.
• 8:25 – Lessons from the past recessions.
• 18:30 – All of the issues happening in the market and what we can learn from it.
• 21:49 – What happens when you get a cash-out on your property equity.
• 23:50 – Why the opportunity is different in this market than in 2008.
• 26:40 – Why we are seeing less mortgage credit availability.

Featured on the Show:

• Eddie Speed: Website | LinkedIn
• Note School
• Mortgage Credit Availability Index
• COVID Overlay

P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :

1. Schedule a Call with Me:

If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least $1M in available capital, then click the link to schedule a quick call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to schedule a call with me directly. www.freedomfounders.com/schedule

2. Get Your Free Retirement Scorecard:

Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.

3. Ready to Step Away?

“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.freedomfounders.com/training

4. Apply To Visit The Mastermind:

If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (3-5 years or less), visit www.freedomfounders.com/step-1 to apply for a guest seat.

 

Want to know more about David and schedule him as a speaker or podcast guest? Go to doctorphelps.com to book David now.

 

Power Concepts:

Get the Full Episode Transcript:

 

---