Co-Founder of @paper_stac & @noteclosings, revolutionizing Real Estate Note Investing. Transforming mortgage notes and lives for the better! โฅ๏ธ๐ก
Joined October 2011
- Tweets 16,322
- Following 357
- Followers 248
- Likes 3,152
1,297 Photos and videos
Pinned Tweet
27 Jun 2023
๐ข Hey everyone!
Explore ๐ Noteclosings.com to learn more!
#NoteInvesting #RealEstateInvesting #Innovation #AI #Automation #NoteClosings #Tech #Investing
26 Jun 2023
๐ Exciting Announcement! ๐ We are thrilled to announce that NoteClosings will officially launch this week on Wednesday, June 28th.
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Rick Allen retweeted
Jun 4
Join the ๐ฃ๐ฎ๐ฝ๐ฒ๐ฟ๐๐๐ฎ๐ฐ ๐๐ฐ๐ฎ๐ฑ๐ฒ๐บ๐ with a monthly subscriptionโno long-term commitments needed or snag lifetime access with new content continuously being added.
๐ Sign up today: academy.paperstac.com
#NoteInvesting #RealEstateInvesting #RealEstateEducation #Investing
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Rick Allen retweeted
Jun 4
Loan Modification โ Work with the borrower, restructure the terms, get it re-performing.
Foreclosure โ Legal process, court-involved in judicial states, can drag on for months or years.
๐ paperstac.com/blog/mortgage-โฆ
#noteinvesting #investingtips #investmentstrategy
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Rick Allen retweeted
Jun 3
๐ New guide alert โ and this oneโs a must-bookmark.
Mortgage Note Exit Strategies: The Complete Guide is live on the Paperstac blog.
Your entry price matters. But your exit strategy is what actually determines your return.
๐ paperstac.com/blog/mortgage-โฆ
#NoteInvesting #Investor
ALT Mortgage note exit strategies
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Rick Allen retweeted
Jun 4
5 Mistakes That Will Wreck Your First Mortgage Note Deal
youtu.be/MkofIE1Xq0o
#noteinvesting #mortgagenotes #realestateinvesting #investingtips
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Rick Allen retweeted
May 26
30-50% of mortgage note deals on Paperstac close with a Self-Directed IRA.
Most SDIRA buyers make the same 5 mistakes. Here's what to avoid before your next closing ๐งต
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Rick Allen retweeted
May 27
Using a Self-Directed #IRA to buy mortgage notes?
Here are the 5 mistakes slowing down (or blowing up) SDIRA closings on Paperstac โ including one that just triggered a taxable event for a real buyer.
๐๏ธโ youtu.be/Fm5z68vocS8
#SDIRA #NoteInvesting #Paperstac #Investing
ALT buying notes with a self-directed IRA
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Rick Allen retweeted
May 26
When you offer #sellerfinancing, you control 6 loan terms the bank normally sets:
โ Down payment
โก Interest rate
โข Loan term amortization
โฃ Payment schedule late fees
โค Due-on-sale clause
โฅ Insurance tax requirements
Full guide ๐
paperstac.com/blog/create-a-โฆ
#Investing
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Rick Allen retweeted
May 15
Buying your first mortgage note? Avoid these 5 mistakes BEFORE they cost you a deal.
In the latest Paperstac #Podcast episode, Brett
& Rick share the most common buyer mistakes they see on the platform every week: Watch now: youtu.be/MkofIE1Xq0o
#NoteInvesting #DistressedDebt
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Rick Allen retweeted
May 19
Buying your first mortgage note? Avoid these 5 costly mistakes BEFORE they wreck your deal.
In the latest Paperstac Podcast episode, Brett & Rick break down the most common buyer mistakes they see on the platform every week.
๐ง Watch now: youtube.com/watch?v=MkofIE1Xโฆ #investingtips
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Rick Allen retweeted
May 20
A Deed in Lieu Won't Save You If the Title Isn't Clean.
Choose DIL When:
No junior liens on the property
Borrower cooperates willingly
You need fast, low-cost resolution
Junior liens don't disappear with a DIL โ foreclosure is the only tool that washes them
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Rick Allen retweeted
May 21
Common mortgage note bidding mistakes to avoid:
โ Bidding on UPB alone โ Skipping due diligence โ Underestimating the value of relationships
Smarter bids start with better education. ๐
Paperstac Blog โ paperstac.com/blog/how-to-buโฆ
#MortgageNotes #NoteInvesting #Paperstac
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Rick Allen retweeted
May 22
Bidding on a mortgage note isn't just picking a number.
It's yield math seller strategy timing โ all working together.
Here's how to submit bids that actually win. โ
Full guide โ paperstac.com/blog/submittinโฆ
#MortgageNotes #NoteInvesting #Paperstac
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Rick Allen retweeted
May 22
Two ways to sell your property:
Traditional sale โ get paid once at closing
Seller financing โ get paid every month
With #sellerfinancing you set the terms, skip the bank, earn above-market interest, AND can sell the note anytime for a lump sum.
๐ paperstac.com/blog/create-a-โฆ
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Rick Allen retweeted
May 9
Rick & Brett break down the 5 mistakes killing your listings โ and how to fix them fast.
๐๏ธ New episode out now โ youtu.be/OjxesRXPd_M?si=Ldncโฆ
#MortgageNotes #Investor #NoteInvesting #Paperstac
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Rick Allen retweeted
May 6
๐ฉ Critical pricing factors
LTV above 90%
Broken assignment chain
Seller wonโt share full docs
Balloon payment due in 12 months
Second lien position (adjust price)
Delinquent property taxes
No hazard insurance
Property in serious disrepair
paperstac.com/blog/how-to-evโฆ
#investingtips
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Rick Allen retweeted
May 8
Your indicative bid is an opening move โ not a final offer.
โ
Be clear it's contingent
โ
Don't demand all docs upfront
โ
Do your own research first
โ
Leave room to negotiate
Better bids = better deals. ๐
Full guide โ paperstac.com/blog/submittinโฆ
#MortgageNotes #NoteInvesting
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Rick Allen retweeted
May 5
We just published a full breakdown of how land notes and contracts for deed work, what makes them unique, and what to watch before you invest.
๐ Read it here โ paperstac.com/blog/land-noteโฆ
#NoteInvesting #MortgageNotes #SellerFinancing #Paperstac
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Rick Allen retweeted
Apr 29
Ever wondered how to make money in real estate without tenants or maintenance?
Note investing.
No landlord duties. No property to manage.
Full guide โ paperstac.com/blog/how-note-โฆ
#MortgageNotes #NoteInvesting #Paperstac
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Rick Allen retweeted
Mar 4
Join the ๐ฃ๐ฎ๐ฝ๐ฒ๐ฟ๐๐๐ฎ๐ฐ ๐๐ฐ๐ฎ๐ฑ๐ฒ๐บ๐ with a monthly subscriptionโno long-term commitments needed or snag lifetime access with new content continuously being added.
๐ Sign up today: academy.paperstac.com
#NoteInvesting #RealEstateInvesting #RealEstateEducation #Investing
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Rick Allen retweeted
Mar 11
Real estate #investing โ without the tenants, repairs, or headaches.
Mortgage notes offer: โ
Real estate-backed security โ
Zero property management โ
IRA compatibility โ
Scalable strategy
Ready to learn more? ๐ academy.paperstac.com
#NoteInvesting #PassiveIncome
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