
EP36: REO Systems for Mortgage Note Businesses
04/13/21 • 28 min
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There is a system for every part of Rick and TJ's note business (MWMfund) and in this episode of the Paperstac podcast Rick breaks down his system for REOs.
What do you need to have in place if you intend to take a house back as a REO? From having a team of contractors to lawyers to realtors - Rick has a solution for each step in the process.
If you're intending to take a note back as a foreclosure (REO) and want to hear from someone that has done it multiple times - you won't want to miss this episode.
Link to Documentary: https://info.mwmfund.com/documentary
If you haven't yet started a free account at Paperstac be sure to head over and get that going.
🛎️ For more mortgage note investing videos SUBSCRIBE to our channel: https://pstac.co/subscribe_on_youtube
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🔈 SPEAKER : Rick Allen & Brett
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Start Your Free Account Today: http://pstac.co/ytpod
There is a system for every part of Rick and TJ's note business (MWMfund) and in this episode of the Paperstac podcast Rick breaks down his system for REOs.
What do you need to have in place if you intend to take a house back as a REO? From having a team of contractors to lawyers to realtors - Rick has a solution for each step in the process.
If you're intending to take a note back as a foreclosure (REO) and want to hear from someone that has done it multiple times - you won't want to miss this episode.
Link to Documentary: https://info.mwmfund.com/documentary
If you haven't yet started a free account at Paperstac be sure to head over and get that going.
🛎️ For more mortgage note investing videos SUBSCRIBE to our channel: https://pstac.co/subscribe_on_youtube
And press the bell icon to get a notification, when our new video will be published.
Follow Us These Platforms:
Youtube: https://pstac.co/youtube
Facebook: https://pstac.co/facebook
Twitter: https://pstac.co/twitter
Linkedin: https://pstac.co/linkedin
🔈 SPEAKER : Rick Allen & Brett
👉 Checkout our podcast:
https://pstac.co/podcast_on_youtube
👉Checkout our Snackable Series:
https://pstac.co/snackable_series
Follow Us On These Platforms:👇
- Facebook: https://pstac.co/facebook
- Linkedin: https://pstac.co/linkedin
- Twitter: https://pstac.co/twitter
- TikTok: ...
Previous Episode

EP35: Tips & Tricks on Property Valuations (With TJ Osterman & Rick Allen)
Understanding values is an extremely important part of the process of purchasing mortgage notes.
In this snackable, Rick Allen and TJ Osterman breakdown their tactics for getting the correct value for their possible purchases. A lot of new factors are playing into the values and you as a note investor need to know how Rick and TJ use that in their own note business.
🛎️ For more mortgage note investing videos SUBSCRIBE to our channel: https://pstac.co/subscribe_on_youtube
And press the bell icon to get a notification, when our new video will be published.
Follow Us These Platforms:
Youtube: https://pstac.co/youtube
Facebook: https://pstac.co/facebook
Twitter: https://pstac.co/twitter
Linkedin: https://pstac.co/linkedin
🔈 SPEAKER : Rick Allen & Brett
👉 Checkout our podcast:
https://pstac.co/podcast_on_youtube
👉Checkout our Snackable Series:
https://pstac.co/snackable_series
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Next Episode

EP37: Asking the Hard Questions About Servicing
Start Your Free Account Today: http://pstac.co/ytpod
This episode is a follow-up to our first interview with FCI and Tim Griffith. We fielded questions from note investors and presented it to Tim Griffith and Lucy Hernandez to get to the bottom of the questions all note investors want to know.
Important links from the conversation
FCI Transmittal Forms & Loan Servicing Checklist:
https://www.myfci.com/TransmittalForms.html
FCI Collection Schedule:
https://pstac.co/fci-collection-schedule
Link to Documentary: https://info.mwmfund.com/documentary
If you haven't yet started a free account at Paperstac be sure to head over and get that going.
🛎️ For more mortgage note investing videos SUBSCRIBE to our channel: https://pstac.co/subscribe_on_youtube
And press the bell icon to get a notification, when our new video will be published.
Follow Us These Platforms:
Youtube: https://pstac.co/youtube
Facebook: https://pstac.co/facebook
Twitter: https://pstac.co/twitter
Linkedin: https://pstac.co/linkedin
🔈 SPEAKER : Rick Allen & Brett
👉 Checkout our podcast:
https://pstac.co/podcast_on_youtube
👉Checkout our Snackable Series:
https://pstac.co/snackable_series
Follow Us On These Platforms:👇
- Facebook: https://pstac.co/facebook
- Linkedin: https://pstac.co/linkedin
- Twitter: https://pstac.co/twitter
- TikTok: ...
Mortgage Note Investing Weekly - EP36: REO Systems for Mortgage Note Businesses
Transcript
EP36
Announcer: [00:00:00] Coming to you from Sunny Orlando, Florida. Welcome to the Paperstac Podcast, where we cover current topics in the note industry, give you tactics for your note business, and talk with industry leaders to make you a better note investor. And now your hosts, Brett Burky and Rick Allen.
Rick Allen: That's right, man. It's. You believe it? It's already as of today, February. We
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