EP110: My First Note Purchase With Troy Fullwood

Mortgage Note Investing Weekly

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1+ y ago 34:36

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In this installment of our "My First Note" series, your hosts, Rick Allen and Brett Burky, are joined by the incredible Troy Fullwood. Troy shares his journey into the real estate note industry, packed with valuable note investing insights and amusing anecdotes.
Education plays a crucial role in Troy's journey. He emphasizes the importance of continuous learning and shares insights from his grandfather about the value of wisdom and knowledge.
Troy provides an update on his current ventures, including investing in oil wells and homeschooling his children while still actively participating in the note industry.
Offering valuable advice to newcomers in the note industry, Troy stresses the significance of not giving up, getting educated, and starting with wholesaling deals.
To join Troy's Cashflow Challenge, follow this link: https://troyfullwood.clickfunnels.com/challenge_intro
Chapters:
0:00 - Intro
1:05 - Troy's Note Investing Background and Journey
4:01 - Getting Started in Real Estate Notes
6:08 - Marketing in the Early Days
09:49 - Closing Deals After Surgery While on Painkillers
13:32 - Appraisals and Title Companies
14:07 - Credit Checks and Lender's Title Policies
15:04 - Underwriting and Risk Tolerance
17:48 - The Power of Reverse Ad Marketing
19:23 - Learning from Challenges
25:59 - Advice to Newcomers in the Note Industry
26:32 - Wholesaling as a Starting Point
31:33 - Where You Can Connect with Troy

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