Subscribe: iTunes / Spotify My friend, Rob Hytha, went from mowing lawns and shoveling snow for his dad’s rental properties to handling multi-million dollar note deals for US Mortgage Resolution. And Rob has since mastered the art of creating his own unique path as a successful real estate investor, educator and highly sought after advisor while maintaining his desired quality of life and caring greatly how his work impacts people’s lives. If you are new to the note investing arena, Rob Hytha is your go to guy. Rob will generously teach you How to Invest in Mortgage Notes the…
Author: Bill Bymel
Subscribe: iTunes / Spotify Rather than just a TidBit, we’re taking a big bite on this topic of real estate careers and the benefits of being in the industry. From the more popular and profitable to the more obscure, there are so many interesting options available. And this episode touches on everything from investing, which is how First Lien Capital plays powerfully in this arena, to being a real estate agent or broker, property manager, specialty attorney, inspector, appraiser or contractor to servicing mortgages and properties or even being an executive assistant. Encompassing residential to commercial to land…
Subscribe: iTunes / Spotify A real, raw and authentic conversation with my brilliant friend and colleague, Anthony Powell, CEO of EVO Asset Consulting, focused on forging a new path in the OREO world for distressed properties powered by state-of-the-art cloud-based software, Zoocom. A college dropout with a love for extreme sports and editing, Tony was inspired to make dirt bike movies. Then he set that aside to be a Vice President of Marketing, but realized quickly it wasn’t the place for him. He bought his first house in his early 20s and flipped it, making a cool $100K and…
Subscribe: iTunes / Spotify An important term and very timely topic right now in the real estate industry is Debt Service Coverage. Debt service is the loan against the property. Often with more expensive properties there is multiple levels of debt from 50% low interest rate to mezzanine debt, to 2nd or 3rd mortgages. Essentially it’s the full monthly payment that encompasses the whole costs of managing and servicing the property. It’s most important, but often unclear when it comes to investment properties. Lenders want to know if you borrow money against a property, they can be assured…
Subscribe: iTunes / Spotify In this episode we’re unpacking the highly valuable financial tool and investment strategy of leverage and exploring how to positively utilize it to increase the returns on your investments. It’s one very profitable strategy if done correctly, but not a necessary strategy to get double digit returns with real estate investing. For those of you who have investment managers or are looking to invest, it’s a very good idea to know how highly leveraged your investments are. First Lien Capital has been returning double digits on our investments consistently without having to leverage our investments…
Subscribe: iTunes / Spotify Bill Bymel, Founder, CEO and Managing Partner shares how he got his foot in the door to this high barrier to entry industry 14+ years ago, and how we as a company and a global team invest in the secondary mortgage market where many will not. We’re known for our Win-Win approach of a conservative model combined with our unique borrower centric program that consistently yields the highest returns. First Lien Capital is a privately owned mortgage and real estate investment platform with experience in all asset classes of real estate, asset management, portfolio…
Subscribe: iTunes / Spotify With four decades of experience in the distressed real estate space including commercial developments, apartments, and condo conversions, Joe Bettag, Broker/Owner of Coastal Properties established in 1991 and located in Jupiter, Florida, manages REO’s on behalf of Fannie Mae, VA and private equity. As a true leader in the industry, Joe has been a top performing REO Sales Manager for a NYSE listed company managing large REO portfolios and a partner in a private equity group acquiring, managing, and selling non-performing loans and REO’s. Connect further with Joe and get information on his new fund at www.coastalpropertiesflorida.com…
Subscribe: iTunes / Spotify Jack Krupey, Principal of JKAM Investments, a boutique alternative investment experience offers investors the opportunity to participate in hard to find off market opportunities targeting strong risk adjusted returns and the ability to earn passive tax advantaged returns not correlated to the stock market. As a fellow enthusiast of the win-win model, Jack shares how he employs this across a broad spectrum of asset classes, such as multi family, self storage, mobile home and student housing to make great returns by acquiring and re-positioning properties as well as modifying and restructuring loans. Jack has built his…
Subscribe: iTunes / Spotify Rick Sharga, Executive Vice President of Market Intelligence at ATTOM is one of the country’s most frequently-quoted sources on real estate, mortgage and foreclosure trends, and has appeared on CNBC, CBS News, NBC News, CNN, ABC News, FOX, Bloomberg and NPR. With more than 20 years experience in the real estate and mortgage industry, Rick has also been twice named to the Inman News Inman 100, an annual list of the most influential real estate leaders. As a highly respected voice of the industry, Rick shares his optimistic perspective of residential and commercial foreclosure activity, the…
Subscribe: iTunes / Spotify The Foreign Investment in Real Property Tax Act: what does it mean, when it applies and who it affects? We’re covering the fundamentals of this additional and automatic 10-15% taxation of the gross proceeds of the property, on a foreign seller taking their money out of the US market through the sale of real estate. To learn more, visit: https://billbymel.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/author/bill-bymel/
Subscribe: iTunes / Spotify insightful and thorough market update on origination with the highly respected and widely cited by media outlets and industry publications, Andy Walden, Vice President of Enterprise Research Strategy and lead Economist at Black Knight, Inc. Andy gave us a taste of his 15+ years of industry experience in default servicing operations, market surveillance, and applied mortgage analytics. Connect further with Andy at blackknightinc.com To learn more, visit: https://billbymel.com/ Listen to more episodes on Mission Matters: https://missionmatters.com/author/bill-bymel/
Subscribe: iTunes / Spotify An excerpt from our final live Win Win Webinar of 2022 and very insightful and thorough market update on foreclosures with the highly respected and widely cited by media outlets and industry publications, Andy Walden, Vice President of Enterprise Research Strategy and lead Economist at Black Knight, Inc. Andy gave us a taste of his 15+ years of industry experience in default servicing operations, market surveillance, and applied mortgage analytics. To learn more, visit:https://billbymel.com/ Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/