41 Building a Bank on Land | NoteSchool TV - (NoteSchool Real Estate Investing in Mortgage Notes) Podcast Details

Description

Today, the NoteSchool Tv team is joined by Ben Legg and Greg Philipps.

Ben was born and raised in Charlottesville, Va. He went to Penn State and got his degree in Meteorology. He was doing TV weather for a number of years before he decided to get into real estate

While Greg is raised in Staunton, VA. Majored in Finance & Economics then became a realtor to learn about RE investing but quickly learned that wasn't the route. Worked in F&B in the early 20s before starting the investing journey with Ben around 26.

Greg and Ben used to wholesale almost exclusively. They took a long pause around 2016 and asked themselves what they want for their lives. The answer: They want more security and more freedom.

That is when they decided to dive headfirst into financing land. They want their business to serve what their life goals are. With the help of Note School and all the things they have learned over the past few years, this leads to change the path of their lives and business.

Their goal is to build a bank with good solid assets/notes. They believe that If you do it correctly you have so many options other than just cash flow from your bank.

As they grew their business they are also learning how to leverage those options to grow their portfolio as well.

Timestamps:

0:01 - “How to build a bank on land!”

1:34 - https://www.NoteSchool.com/TV

2:40 - Latest News with Joe Varnadore

3:22 - U.S. Housing Shortage Will Be Around For Years To Come

4:04 - Google Doubles Down On Commercial Real Estate With $7Billion Nationwide Investment

5:12 - NoteSchool Leader & Visionary: Mr. Eddie Speed

5:53 - Today’s guests: Ben Legg & Greg Philipps

7:48 - How Ben & Greg started their real estate business until they discover the Note business.

11:56 - Building bank on land

14:36 - Selling land through owner-financing