Real Estate Investing without Owning Properties with Nathan Turner, Ep. 603

Multifamily Insights - A podcast by John Casmon

Categories:

Nathan Turner is the owner and president of Earnest Inc., a prominent figure in the US real estate market with a focus on mortgage note investing. His journey began in 2008 investing in performing and non-performing notes at significant discounts. Over the years, Nathan has adeptly navigated various aspects of mortgage note investing, employing both buy-and-hold and flip models to optimize returns. With a passion for making a positive impact, Nathan finds great satisfaction in assisting struggling homeowners. Whether through loan modifications or debt resolution, he has dedicated himself to providing solutions that alleviate financial burdens. Leveraging his extensive experience spanning more than a decade, Nathan established Earnest Investing, an investment fund tailored to offer accredited investors a consistent rate of return through mortgage notes.   In this episode, we talked to Nathan about investing in real estate without actually investing in real estate, note investing from Canada, tips to getting started, and much more.   Announcement: You can join the Apartment Investing Mastermind here.   How to Get Started with Note Investing;   02:13 Nathan's background; 03:45 Barriers and challenges of investing in the US as a Canadian citizen; 06:32 Insights on note investing; 12:14 The process of investing passively; 18:27 Alternative ways to monetize the process; 21:28 DME (Diversified Mortgage Expo); 22:24 Tips for the new investors; 23:20 Markets to be in vs. markets to avoid; 24:16 How to get started with note investing; 25:52 Round of insights     Announcement: Download a Sample Deal package here.    Round of Insights   Apparent Failure: Choosing to be a landlord at first, instead of an investor. Digital Resource: Any “financial calculator” app. Most Recommended Book: Leonard Sax’s books. Daily Habit: Envisioning their five-year plan, Nathan and his wife spend 5 minutes on discussing the future of their business every morning. #1 Insight to be a successful note investor: To be able to think outside of the box, but at the same time focus on what one’s trying to do. Best place to grab a bite in Calgary, AB, Canada: Mehtab.   Contact Nathan: Email: [email protected]    Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.