349 | Common Mistakes Investors Make in Non-Judicial State

About this episode

Chris Seveney discusses common mistakes investors make in note investments, particularly in non-judicial states.

In this episode of the Paper Trail Podcast, host Chris Seveney delves into the common mistakes investors make when bidding on note investments. He breaks down a top 10 list of these errors, highlighting the complexities of foreclosure processes, especially in non-judicial states. Chris provides valuable examples and insights, stressing the importance of thorough due diligence, understanding potential delays, and realistic financial modeling. The episode is a must-listen for both active and passive investors looking to deepen their understanding of the mortgage note investment space. 00:00 Introduction to Note Investing 01:01 Top 10 Mistakes in Bidding on Assets 02:39 Case Study: Borrower A vs. Borrower B 04:11 Challenges in Foreclosure and Bankruptcy 09:17 Real-Life Examples and Investor Pitfalls 20:03 Understanding Non-Judicial vs. Judicial States 21:24 Conclusion and Resources

People in this episode

Host: Chris Seveney

Topics covered

• investing
• note investments
• foreclosure processes
• due diligence
• financial modeling

Keywords

• investor mistakes
• bidding errors
• mortgage notes
• active investors
• passive investors

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