Short YouTube clip (Catherine Bell) answering how she values notes bought from banks. Emphasizes using quantitative analysis (spreadsheets), an investor-first mindset (never fall in love with properties), and a bespoke 150-point checklist covering criteria from target states to deal specifics.
Hey everyone, I am here to answer the question that I keep getting asked by a lot of people is how do we value notes that we're buying from banks? One of the things that I've always done is I am a spreadsheet nerd. I love my numbers and as long as we can do the numbers I tell our team do the numbers. Numbers tell you what to do. So it always comes down to the numbers. As real estate investor rule number one, never ever ever fall in love with a property and because when you do that then you start ignoring the numbers and that's a problem because you're an investor first. And so what we do inside of analyzing we actually have 150 point checklist that we go through that we have created around what works for us and our investing model. So it would go down from all the way. The beginning is like which states, which states do we invest? And there's lots of criteria.
