Download as pdf or txt
Download as pdf or txt
You are on page 1of 19

Testimonials

“As a third year student of NoteSchool, I have learned that you can start your own defaulted paper
business with little money and achieve great success. I am proof. We’ve purchased over $3M worth
of defaulted debt in the past 9 months and feel that we can double that number by the end of the year.
NoteSchool has taught me how to source defaulted paper, deal with hedge funds, learn the culture of
the business, work out a solution with the borrower without foreclosing and bring each deal to a profit-
able conclusion while making a win-win deal with a borrower. This is an exciting, profitable business but
the best part about it is that you can make money while changing people’s lives for the better. Hat’s off
to Eddie and to my colleagues in NoteSchool, I couldn’t have done it without you!”—Justin Wagner

“We bought a lot of other training programs over the years and I can tell you that none of them can
compare with NoteSchool’s program. The volume of materials available to us on the website is
enormous. We can tell that Eddie really has students’ best interest in mind. The way NoteSchool
keeps things transparent and the way they nurture the cooperative relationship among the stu-
dents, make us all feel like part of the community.”
Buying
—Sinan Mayfield
Real Estate Notes
NoteSchool’s training system shows me how to be the best I can be, it’s been great working in a
program that delivers exactly as promised. On my first deal, I took a portion of my IRA retirement
account and started making incredible returns. Who thought this could happen in a down Real
Estate and stock market. Plus on other transactions I’m earning big fees without using any of my
Profitable Case Studies
own money. Thanks Eddie!!!
—Steve Thomas

By W. Eddie Speed
“Note school’s in-depth, hands-on training helps any investor in acquiring excellent skills to
succeed in the note business. As opposed to several training programs out there, Eddie’s
team is always available to his students and they help his students become experts in the pro-
cess of finding, doing due diligence, funding and working out different types of notes.”
— Lakshmi Padma

“I credit NoteSchool’s training program, in large part, with the success I have experienced in the
note business. The training helped to keep me on track with my goals. My note business has ex-
panded from brokering to manufacturing and non-performing acquisition allowing me to gross a
six-figure income working this business part-time.  Eddie’s programs are structured in a way that
have allowed me to build on key knowledge necessary to work with lenders and borrowers alike
to create paper that results in a performing and valuable asset for my portfolio.”
— Ryan Parson

When I initiated a career change three years ago, I realized that education and access to knowl-
edgeable professionals would be important for success. I joined NoteSchool for advanced train-
ing and to build relationships with other note investors and I have found it to be very effective.
NoteSchool continuously adapts and shares their business model to take full advantage of today’s
dynamic marketplace. NoteSchool has been a key resource for my success to date and I highly
recommend it for investors who wish to build wealth and prosperity in today’s real estate market.
—Jane Sheetz

 

   %
  
       
  
 $    # %  #
    #  %  $  !#  
      
     
 
  !     !$
 !#       #   #   !
#
          
 !$   ! !   ! $   
   ('')#     $
 !#   !    #     #  
    #     !   
   !         $     
 
       !
 
 $
        
 # !     

  !       !


        $
      %
       
           !! $
 !     
   #
 %
  #      !        
    !$ !        

 !     $
   !       #! 
             

 !   $      #  #
         #  "  #
!  & ! $ 

 (
 

   



  
 

   
  !
   
 
    
  !      
#  $       

"    !


 
            
  !  "        
 !    ! 
  
           !
    !
 

 $100 IRA Deal

  

 
 
  


 %

          
     #))*$)     
    #))$$$      
           
  
     #&$$$$
    


 

       !
 "  #*$$$$
!  
"    #%%$*$)
        '$ 
 
 
      #')$$$
         #%%+*

       #))$$$
        #&$$$$
 


Fair Market Value: $110,000
Original Note: $84,000
Monthly Payment: $653.35
Date of Origination 12/05/2006
Term: 30 Years, with 15 Year Balloon
Date of Maturity: 01/01/2022
Payments Remaining: 144 Months (8½ Years)
Pay Off at Maturity: $65,855.89
Note Purchase Price: $56,000

Sold Partial: All 144 Pmt’s + Amount from Proceeds


Yield: 11.0%
Sales Price: $62,400

Up Front Profit: $6,400

 (

   

Payoff: $65,855.89
Investor Receives: $52,740.59

IRA Receives: $13,115.30

TOTAL PROFIT = $6,400 + $13,115.30= $19,515.30

$100

$19,515.30 in 8½ Years

2,295% ROI

TAX FREE!

 

 

.* "
" " !  
/* "#+""" !
0* !" %"#!
1* " " $%#"!
2* " #
3* "# ! "
4*  "%"! $'
5* " % #"
6*
""%+%!#"
.-* ' "



  
 

!!&"'! %"  "'% !"
!#,"#%""'"!*")"
  "'% % "%"" #!%!% "*
% %""!"'"#""%!!'#%"
% %""*
!#"!!!"""%! "!"!
"""# !*!#"" 
% !(#   ")# ""!!"%!"
"*
#""")!!"%! "#""  "'
% !,"$#'"' !""" "
  "*#""!") #"" !""
#!'"""%'!#+"+")
" " !*
!#!!#'# "  "'% "" #"
 !""#! " !!"'%  $*!
 !"!" #"# "%"#" # "
  "'% !"#%"#!#!—" !""
#!#%""#!#'""% ,!*

 3
 


"! %( )  */+&+++
()    *30&2-0
        .+%
 !      *,+&31-

 % $&'    *,&0.4

  !    *.+&+++


   "     *-&+++
#       *0-&+++
  (!!)     *,4&044

   *.03 .+%




  

,'     
-'  !%! "" 
.'  # !
/'  "#! 
0' !
1'
!
2'  ! 
3'  # "%
4'  #! 
,+' #  !   !
,,'  "   %#    

,-'    
,.' "!!    %% 
 %#

 2
  
 


 !!!!

!   
 
 !
 #
 
" 
! !


!


#
" 
 ! 




!  #
"

 

 $ 
 # 
 !% 
 !



 #
 !% $

  &
'#
 !
   
 
 
 "!  
!

#







#!

 
 "!    





 
 

 

#  

  
*.+"+++
 
! !  
 
.  "-


-  ",

 
 

 $ $    ()#

 !  
 *00"+++*,,"1++# !





  !# !


!"! 

!  
 #
! */+"+++
 

 !%
*-."+++#
 

 2
 


%$#"'-#!.  /30(000
!- .    /55(497
!#!"    30'!"
# $!" !      /11(700
!%("$!($      /1(885
!"$!"#       /3(200
!"!!"$!"    /40(000
# !#       /23(215


  

1) # ##!"  !!
2) ##$!$"3*'"""
3) "#!&#$"
4) #!#!%&$# "
5) #!$
6) "+#"#!$,
7) # $!"!#
8) !#&#"!% '
9) #!&!$# 
10) "$! !###!#!
11) &#! $!"$
$#!"$!
12) !##!'
13) "$###!"$!" 

 9
    



  



 



 



 

 
  
  



  
   
  
 

  


  








!





  


  



  





 

 

$&*')+


   


 !


(

 
 



 

 !  
  
   
"

#


 


      


  
 
 
  
"#!!!

 &%


               
  !  
       
       
   
      ! "#$%  
     
   &$  
        

  

 

    
 
$32,278 @ 10.99% Pmt / $430.34 128 pmts remaining

    
   
 

  

  

   

128 pmts Remaining

 ##

       



$32,278 @ 10.99% Pmt / $307 360 Mos, 7yr Balloon

 
  

!
84 pmts + Balloon
 
    


  



 

Note bought for $24,380 discount
65% Yield
Fund $7,898

Note Interest Rate = 10.99%

Buys 128 Pmts


Remaining

 

   





$30,828 due at Balloon




 82 Payments Sold - $18,000
w/ 10.35% Yield



 

        
   !  "%(###
    !      "&%%*+
     $#,,-$%+  
          "$)%',

  
         ",#%%
  
       ")$'

    +%      "$+###

        "&#+%+

     

    "$)%',
          ",#%%
         ")(),$
          "())),

 $&


  

/& 
 
0&  
1& " 
2& "" # $!
3&      
4&  0 $
5&   " # $!
6& !-/6%...$ $
7& !     5$ 
/.& # $!!-1.560
//&  % "!-25%.55




   


  

  $ ## "$  !
  !&$) *
" $   %  $("   
  $    &
     $ $ 
$      & $    "
 "&  "  " $ $ 
&
$ -3.."  5'$ 
  +,&
 $(  $
""   $-014
$&
 

 /2
 
 
     

  

 
 
 
  




 


$16,500 @ 5.49% Pmt / $236.99 84 pmts remaining


   
    

84 pmts Remaining

 

    
   !&'"""  
 #'+

     !%*$'")'+ #$"
   

     
     
 

   
   !&'& 
 !$%(  

    
&"     !&'&
    !#'""" 
!*%#' 
 
  
    
  
 


 





Financed house for $16,500

Note Interest Rate = 5.4%

84 Payments
Remaining

 #(
 
     
$38,250 @ 7.5% Pmt / $454.09 120 Mos remaining


    


120 pmts remaining



 
 

$16,500 @ 5.49% Pmt / $236.99 84 pmts remaining


     

 



 




 292--!'*.$352($ '*5$0.2(
  '  (  *05$/2-
 ! "*3$42-
    './8"(*.2$---
 &%  *.0$102
  42 "*121 *01$-2-

 :*14$152








 

 


 !  "
  #

 

  ! "#!   ! 
  




 
  
    !
  
 
      $!
#!
  ! 
      !
          !

          # $!
 

 $


(%   
)%      
*%      "
+%  
,%    !"
-%     "
.%   
/% "      "
0%     
('% +' "  !"
((%  "    
()%  "  "  
(*%
  " " +' "
 



  "      "


$"$  "  "   
"!%**" 
! "   $    
 "  # $  
%
     "   
    "& "  
 "  %    & 
!"   ""  %
  $  !& $   "
  "%

 (0

You might also like