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Note Investor: The Cal Ewing Story
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Most note investors don't start out investing in notes. Most of the time they start out trying different types of real estate investing until they get frustrated or tied and look for something that gives them the benefit of cash flow without having to be in charge of toilets, tenants, or trashouts. This is even true for Canadian real estate investors looking to invest in the United States and take advantage of our favorable investing and banking laws. Cal Ewing is one of those Candadian investors who is looking to build long term wealth and a better life for himself and his family.
Scott Carson sits down with Cal to discuss how he got started as a real estate investor his journey to becoming a note investor and why he likes notes when compared to other real estate investing strategies.
Watch the original video HERE!
Connect with Cal at http://CalEwing.com
Cal Ewing was born and raised on a cattle ranch situated on the foothills of the Rocky Mountains in Alberta, Canada but his real estate journey has taken him far beyond his roots. Since his days as a university student in 2009, he has been passionately investing in U.S. real estate, with his first deal taking place in Las Vegas, Nevada amidst the real estate market crash and wave of foreclosures that hit Las Vegas especially hard.
Over the years, Cal's investment strategy has undergone a significant evolution, leading him to explore the realm of performing and non-performing mortgage notes on residential properties across the United States. During our podcast, Cal will delve into the reasons behind his affinity for note investing, choosing it over conventional approaches like owning rental properties, wholesaling, or flipping houses.
Cal's extensive experience encompasses various aspects of real estate, including tax deed investing, foreclosure excess proceeds recovery, fix and flips, long-term rentals, wholesaling, "wholetailing," buying subject-to, and owner financing. This wealth of knowledge and experience has shaped him into a well-rounded and informed real estate investor.
As a Canadian investing in U.S. real estate from his home country for the past 14 years, Cal offers a unique perspective on cross-border real estate investment and the associated challenges. He has firsthand experience navigating the complexities of investing in a different country. Moreover, Cal has weathered the storms—both metaphorical and literal—as a real estate investor. When Hurricane Harvey struck, two of his Houston properties fell victim to flooding, leading to devastating losses. Instead of succumbing to defeat, Cal transformed adversity into resilience, emerging as a stronger investor and discovering valuable lessons about perseverance.
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