This series is archived ("Inactive feed" status)Please note series archiving is a new, experimental, feature of Player FM with the aim of helping users understand how we fetch series and report on any issues.
When? This feed was archived on April 23, 2018 02:47 (). Last successful fetch was on March 10, 2018 17:44 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 191372959 series 1745222
Find out how Jay Tenenbaum moved from career to full time note investor, and has scaled his way to great success.
Jay Tenenbaum has transitioned from being an attorney, to a successful note investor, investing for himself, and now heading up asset management for Arizona based real estate investment firm, AZP Capital. How did Jay get into the note business? How has he managed to scale his investments so well?
Listen to the podcast audio to get the details now!
Sorry, this audio has gone into the vault. See what’s included with a DistressedPro membership.
Becoming a Full Time Note Investor
“When Life Gives You Lemons, Make Lemonade.” – Dale Carnegie
With time Jay says you can definitely make lemonade out of lemons. From 1990 to 2008 Tenenbaum ran a legal practice. As we all know the world got rocked and changed life for many in 2008. It was then that he moved into buying liens backed by real estate from 2009 to 2012.
In 2013 Jay leapt into being a serious mortgage note investor. He scaled from starting out with just 3 notes, to 20, to acquiring 100 in 2015. AZP Capital now specializes in acquiring non-performing loans, 1st trust deeds, mortgages, and REOs, and converting them into passive income producing assets for other investors, using a variety of exit strategies.
New Challenges, New Adventures
Listen to the podcast and you’ll feel Jay’s passion for the mortgage note arena. It’s not just about the money, and the lifestyle it can provide, but the ability to help borrowers, and the thrill of tackling new challenges and adventures every day.
Now with 20 plus years’ experience in the debt industry, between collections, workouts, and legal work, this note investor is gaining a lot of attention from others who see what he has been accomplishing. He has now done deals in at least 24 states, raised $1.5M in capital last year, is a national speaker, and yet remains accessible and on the frontlines.
In this DistressedPro.com podcast episode you’ll find out how Jay has achieved great scale with 1-4 unit residential mortgage notes, NPNs, and small balance REOs, and the pivotal event that got him started on this adventure.
Download The Transcript Now & Discover:
- The subscription service where Jay gets a lot of his note deals from
- Case studies of actual deals he has done
- The ‘fire story’ – and how he made $52k in profit on an asset that went up in flames
- How much insurance you should have
- How to use a 3rd party credit counselor to get ahead
- The strategies Jay is using to turn distressed debt into cash and cash flow
- When to foreclose on yourself
- Jay’s direct email and phone number
Listen in, download and read it, take action and get more of the results you want…
21 episodes available. A new episode about every 21 days .