Short YouTube talk by Catherine (Katherine) Bell (Titan Impact Group) explaining the risks of investing in non-performing notes and how to reduce them via education and number-crunching. She highlights concrete factors investors should evaluate: whether the property is in a judicial or non-judicial state, expected hold time and personal risk tolerance, and the original loan terms (loan length and interest rate). She urges prospective investors to learn the numbers or seek mentors to minimize risk.
Chapters
Hey everyone, it's Katherine with Titan Impact Group and I'm here to talk to you about what are the risks of investing in non performing notes. And like anything, all investors know. Yeah, there's risks with investing, there's risks with everything. And what takes out the risk? Education. It's all about education. When you invest in what you know and what you understand and you really understand the numbers, I tell our team, do the numbers, numbers tell you what to do that helps minimize the risk involved in investing in anything. And so when it comes to non performing notes, one of the things you want to look at is you want to look at the states that you're investing in. So there's judicial and non judicial states. And what are the implications with that? You want to know your hold time, your risk tolerance for how long you want to hold these. You want to understand what the terms were that the loan was created, how long the loan is for the interest rate that's charged on the loan. You want to understand all of those numbers. At the end of the day, if you don't know what all those numbers mean or what they're telling you, go and get yourself educated. There's more than enough courses, books, mentors, teachers, everybody out there that's always got pearls of wisdom that can teach you about what the numbers are saying and what they're telling you. And so making sure that you do the numbers and the numbers tell you what to do, that is a big, big part of it. And that's how you minimize the risk inside of investing in anything, especially non performing notes. So with that, I am Catherine Bell, and we are the sentinels of the American dream. And we leave every person, property and community better than we found them.
