A couple of weeks ago I put out a call for questions that you would ask an Ex-FDIC real estate liquidator about working with banks. The response was huge. We had dozens upon dozens of entries. Questions ranged from “How do I get an REO asset manager to talk to me?” to “When liquidating a CRE portfolio (120+ [...]

If you want to get access to better bigger note deals you need more money, period. You can earn it, you can borrow it, or you can find some people with it and pool your money. There are a few challenges with borrowing money to do speculative deals, including note deals. The first obvious and probably [...]

I’m cranking up another set of excellent interviews and podcasts for the spring. In fact I’ve already got some ‘in the can’ as they say and some scheduled. Over the next few weeks we’re going to hear about how to do better research and prospecting with LinkedIn, all about how to setup your own note buying [...]

Buying non performing notes is one of the hottest topics in the upper levels of real estate investing today. The challenge for someone new to note buying, however, is that it’s a whole different animal from traditional real estate investing. Although the colateral for the note is the same the asset you’d buy in a [...]

How will the FASB 11-02 Troubled Debt Restructuring rules impact distressed asset deal flow? I sit in a very privileged seat. What I mean by that is that I’m very fortunate to be connected to a great many high level real estate deal makers across the country. In any given week I’ll talk to a dozen [...]

In the final of the three episodes I recorded with John McCaffrey from Auction.com, John shares a back of the napkin calculation that he uses to determine potential note sale (NPN) deal size when he’s talking with a bank client. John is a former Wall St banker and is currently an SVP at REDC (auction.com), [...]

This is the second in a 3-part podcast interview series with John McCaffrey an SVP and Managing Director with REDC (Auction.com) and a BankProspector subscriber. In the first of the 3 we talked about the non-performing loan sales process at auction.com and the steps that John’s team goes through in bringing non-performing loans to the [...]

It’s been more than a year since I did my last podcast but I recently learned from you that the number 1 thing you can agree you’d like to see more of from this site are stories from fellow distressed asset professionals who are battling it out in the field, and the number one things [...]

Earlier today an old post accidentally went out to our newsletter subscribers with an old video and some old information. Sorry about that. We’re now just days away from the private release of the new BankProspector 2.0. With this video I wanted to give you just a quick peak at just one of the new features. [...]

You’ve probably heard of Mastermind Groups by now, and maybe you’re even involved in one, but are you using them to drive your distressed real estate transactions? Ken Hecht is doing just that. Ken was a key player in the Wang Towers deal, probably the most famous distressed commercial property transaction in New England during the [...]