FBF #892: Buying and Selling in the Mortgage Industry

Today's Flash Back Friday episode is from #615 that originally aired on Jul. 10, 2023.

Abby Shemesh is Co-Founder and Chief Acquisitions Officer of Amerinote Xchange. Formerly, Abby originally worked for a traditional mortgage lender where he began his journey which expanded into moving through his career. After expanding in his industry across several states, he was introduced to the secondary mortgage market.

Quote:

“...We call it mailbox money where the only three things you need to worry about - are the taxes paid? Is the insurance paid? Are the payments on time? That portfolio can be managed from Thailand, it can be managed from Florida, it can be managed from Kentucky, it can be managed from the UK. It’s a very mobile type of business strategy.”

Highlights:

 8:20 - What Amerinote looked like in it’s beginning phases

 17:11 - The power of internet marketing

 25:07 - Upcoming opportunities in the next year - year and ½

 34:50 - How Abby restructures notes to get them paid and performing

 

Connect with Abby: https://www.amerinotexchange.com

Recommended Resources:

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• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. 
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