Podcasts about Jorge Newbery

Al menos 16 personas resultaron heridas, 13 de ellas en una carpa gastronómica, en la madrugada de ayer en la Ciudad de Buenos Aires como resultado del temporal, que además produjo caída de 363 árboles y 544 pedidos de ayuda, lo que configuró una emergencia que ameritó la constitución de un comité de crisis con “cientos de personas trabajando en cada uno de los barrios”. La periodista Miriam Mariotto hizo una recorrida por algunos barrios porteños y describió la situación. Además, 266.476 usuarios estaban sin luz en la Ciudad Autónoma de Buenos Aires hacia las 16 de ayer, pero los cortes habían afectado a más del doble de esta proporción, durante el peor momento del temporal. El aeroparque "Jorge Newbery" estuvo sin funcionar hasta las 9 de la mañana de ayer, 12 semáforos estaban fuera de servicio y sufrió severos daños el monumento Floralis Genérica. En total, hasta las 19 de ayer, el Centro Único de Coordinación y Control había recibido 4.387 llamados a través de la Línea de Emergencias 103 y las derivaciones de la Línea 911. Villa Devoto, Villa del Parque, Palermo, Villa Pueyrredón y Villa Urquiza fueron los barrios con más incidentes reportados. En tanto la Comuna 11, con más de 900, fue la que lideró los llamados. Con respecto a las 13 personas que estaban en un evento gastronómico en el club GEBA, próximo al Hipódromo de Palermo y que fueron trasladadas a los hospitales Fernández, Rivadavia y Durand, todas fueron dadas de alta o trasladadas por su cobertura. Inicialmente, había trascendido que el derrumbe había tenido lugar en la "Fiesta Bresh!" que se desarrolló a unos 900 metros lineales de allí, en GEBA, pero donde "apenas arrancó el viento, los sacaron a todos", informaron las fuentes a Télam. El lugar había sido denunciado por el Observatorio del Derecho a la Ciudad en diciembre del año pasado porque "el Código Urbanístico no autoriza la realización de actividades de baile en este predio. Aun así, funciona la Isla de Battuta. Este local tampoco cuenta con certificado de aptitud ambiental". Por otro lado, Bomberos de CABA rescataron a las 4.05 a dos hombres que estaban atrapados en un auto Honda Fit debido a la caída de un árbol sobre el vehículo, en el cruce de Concepción Arenal y Zapata, en el barrio porteño de Palermo, y ambos fueron puestos a resguardo y resultaron ilesos. En el mismo barrio, sobre avenida Del Libertador y Fray Justo Santa María de Oro, los Bomberos rescataron a un hombre que estaba atrapado en una camioneta Renault Duster luego de que le cayera encima un árbol de gran porte. Según información del SAME, a partir de las 15 horas ya no quedaban pacientes internados a causa de los eventos por el temporal, precisó el Gobierno de la Ciudad. Entre los monumentos afectados, se destaca la Floralis Genérica, la escultura metálica de 20 metros de altura que domina la plaza Naciones Unidas en el barrio porteño de Recoleta y que resultó seriamente dañada por el temporal, según pudo constatar Télam durante una recorrida. La obra de 18 toneladas ubicada en Avenida Figueroa Alcorta al 2300, sufrió una destrucción parcial que afectó a uno de sus seis pétalos recubiertos de acero inoxidable, que tuvo abolladuras y se precipitó al suelo con parte de su recubrimiento metálico desprendido. En tanto, el Club Atlanta informó que colapsó parte de su sede social, “motivo por el cual las actividades quedan suspendidas hasta nuevo aviso”. Particularmente, resultaron afectados “parte de los techos del gimnasio 1, al igual que portones de ingreso, cercos y chapas de otros sectores del club”. “Desde el club se trabajará para relevar todas las estructuras del predio y garantizar la seguridad de sus asociados”, dijeron en un comunicado. Desde la comuna informaron que se registraron también “ocho reclamos por anegamientos, los cuales fueron resueltos”. En cuanto a los semáforos, “a las 12.00 había 38 intersecciones sin funcionamiento,

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Símbolo de la lucha por la soberanía de las Islas Malvinas, el Operativo Cóndor fue una acción que un grupo de 18 jóvenes militantes de la Juventud Peronista diseñó y ejecutó con la finalidad de recuperar el territorio argentino, en manos inglesas. Consistió en secuestrar en pleno vuelo un avión comercial de Aerolíneas Argentinas que en la madrugada del 28 de septiembre de 1966 había despegado del aeropuerto Jorge Newbery de Buenos Aires hacia Río Gallegos. Dardo Cabo, activista de los sectores más combativos del justicialismo, se encargó de planificar esta acción y de convocar al grupo que llevó a cabo la arriesgada misión de viajar a las Malvinas con el propósito de "reafirmar los derechos del país" sobre esos territorios. El plan requería apoderarse de un avión DC-4 de Aerolíneas Argentinas, que hacía una ruta regular hacia Tierra del Fuego; y la fecha para la concreción del operativo no era casual, ya que en esa nave viajaba el contralmirante José María Guzmán, gobernador de facto de un territorio que comprendía a las Malvinas. El DC 4 despegó desde Buenos Aires a las 0.30 y llevaba también un pasajero célebre que había sido convocado por Cabo con la promesa de "tener una gran primicia", y se trataba de Héctor Ricardo García, editor del diario Crónica y de la revista Así. A las 6 de la mañana, cuando el avión volaba sobre la Bahía San Julián, en Santa Cruz, Dardo Cabo y Alejandro Giovenco se dirigieron a la cabina del piloto, Ernesto Fernández García, quien, sorprendido, sólo atinó a reírse cuando le dijeron que debía desviar el rumbo hacia las Malvinas. "No jodan, muchachos", afirmó el piloto, y recibió como respuesta una cortante orden de parte de Cabo: "Esto no es chiste; estamos armados. Haga lo que le decimos". El aterrizaje se produjo a las 8, en una pista de turba, y pese a la gran maniobra que realizó, el piloto no pudo evitar que una rueda de la nave se hundiera en el suelo del aeródromo de Puerto Argentino. La presencia del avión se convirtió en toda una novedad para la comunidad isleña, y varios de sus integrantes concurrieron al aeropuerto a ver qué pasaba. Dardo Cabo comunicó al continente que el operativo se había cumplido con éxito y la noticia se recibió con mucha efervescencia en los ambientes políticos y estudiantiles de Buenos Aires. Rebautizaron Puerto Stanley como “Puerto Rivero” en homenaje al gaucho entrerriano Antonio Rivero que en 1833 resistió la invasión británica del archipiélago. Al mismo tiempo, izaron un total de siete banderas argentinas que, por primera vez en más de 130 años, flamearon en las islas. El presidente de facto, dictador Juan Carlos Onganía calificó al hecho como "un acto de piratería", temeroso de que se generara un incidente diplomático con Gran Bretaña. Transcurridas 36 horas de permanencia en el aeropuerto y la entrega de una carta al gobernador de Malvinas, Sir. Cosmo Dugal Patrick Thomas Haskard (ausente ese día), los argentinos se rindieron tras la negociación del sacerdote católico que oficiaba en las islas, el holandés Rodolfo Roel, quien durante el operativo ofreció una misa para los argentinos. Tras la rendición, "los cóndores" quedaron alojados en un galpón y luego trasladados al buque de la Armada Argentina Bahía Buen Suceso. Fueron alojados en el penal de Ushuaia y juzgados por la justicia de Tierra del Fuego, que, al no existir jurisprudencia que penara la piratería aérea, se limitó a dictar condenas por el delito de privación ilegítima de la libertad, portación de armas y asociación ilícita. Dardo Cabo, Alejandro Giovenco y Juan Carlos Rodríguez debieron pasar tres años en prisión debido a sus antecedentes penales, en tanto que el resto de los integrantes de la misión quedaron libres tras nueve meses de confinamiento. Recordamos este reclamo de soberanía que trascendió al mundo en plena dictadura de Onganía, a partir de las voces de sus protagonistas, conservada en el Archivo Histórico de Radio Nacional.

In this episode, Chaz Wolfe is joined by entrepreneur Jorge Newbery. They discuss the necessity of big goals, hard work, and resilience for business success. They explore Jorge's journey in the real estate market, his biggest business failure, and how he used it as a stepping stone. The conversation also touches upon balancing business with family life and the role of Gathering The Kings in fostering entrepreneurial success.

On this episode of Gathering The Kings, Jorge Newbery, the titan of real estate with a 7+ figure track record, joins Chaz Wolfe on the king's stage. As the driving force behind American Homeowner Preservation LLC, Jorge has not only built an empire out of Illinois in a span of 14 years but also nurtured a 120-strong team. Jorge is now setting sights on taking his venture to the public domain soon.Get ready to unpack Jorge's success formula as he and Chaz Wolfe crack open discussions about mastering incremental progress for monumental successes, sidestepping the pitfalls of overconfidence, the lessons from Woodland Meadows' descent, and the indomitable strength of believing in oneself.

Oh what a mess this economy is! Helicopter money during Covid and supply chain issues brought on inflation like we haven't seen in decades. To respond to this self-inflicted predicament, the Federal Reserve began raising interest rates at an alarming pace. Never have we seen interest rates rise at this steep of a slope—even in […] The post 360: Real Estate Update with Jorge Newbery appeared first on Wealth Formula.

With more than 30 years' experience in distressed-asset management and borrower advocacy, Jorge Newbery founded preREO with the goal of bringing stability to neighborhoods challenged by the blight of vacant homes. Through his writing and live educational events, he empowers agents and investors to revitalize their communities while creating financial gains for themselves. Throughout his career, Newbery has utilized optimism and resilience to discover opportunity in adversity, founding numerous enterprises including American Homeowner Preservation, the country's first crowdfunded distressed-mortgage investment platform and Activist Legal, a law firm facilitating default legal services. His autobiography “Burn Zones'' offers lessons learned through his challenges and successes as an entrepreneur.

El dúo de música electrónica alemán Claptone confirmó que volverá una vez más a la Argentina para presentar su show "The Masquerade" el próximo 5 de noviembre en la sede Jorge Newbery del club GEBA, que compartirá con el reconocido DJ británico Fatboy Slim como invitado especial. ¡Escuchá la nota completa en #Perros2022! --- Send in a voice message: https://anchor.fm/urbanaplayfm/message

From punk rock producer to owner of the largest apartment complex in America, Jorge Newbery has experienced both extremes of success and failure.  In today's podcast, you'll hear how he lost 10s of millions of dollars and how he recovered and prospered! For complete show notes go to http://olddawgsreinetwork.com/opportunities-in-rei-adversity/ IF YOU LIKED THIS PODCAST, we would love if you would go to iTunes or Apple Podcasts and Subscribe, Rate & Review our podcast.  This will greatly help in sharing this podcast with others seeking to learn real estate investing.

The Investor Relations Real Estate Podcast Episode 131 - Bad Things Happen When You Don't Have Equity Host: Jonny Cattani Guest: Jorge NewberyProducer: April MunsonJonny Cattani is joined by Jorge Newbery to discuss: CrowdfundingpreREOJorge is CEO of preREO, the nation's leading online marketplace focused exclusively on the sale of distressed mortgages from institutions to real estate investors. preREO is powered through crowdfunding from non-accredited and accredited investors, who can invest for as little as $100. Jorge is CEO of American Homeowner Preservation Inc. and leads nine for-profit social impact companies.Linked material referenced during the podcast:Book: Burn Zones - Jorge Newbury https://www.amazon.com/Burn-Zones-Jorge-P-Newbery-audiobook/dp/B0102EBD9U/ref=sr_1_1?crid=M2PM2IZKGY03&keywords=burn+zones+by+jorge+newbery&qid=1664762786&qu=eyJxc2MiOiIwLjcwIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sprefix=burn+zones+%2Caps%2C162&sr=8-1Connect with Jorge!Website: www.preREO.comConnect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/Cattani Capital Group Instagram: https://www.instagram.com/cattanicapitalgroup/TikTok:https://www.tiktok.com/@jonnycattani?lang=enYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani

If you're willing to do what other aren't, you may stand to benefit immensely. Jorge Newbery, Founder, Chairman and CEO of AHP servicing, has made a career out of inventing himself out of thin air. Jorge's first big deal was a 298 unit apartment building in downtown Los Angeles in Skid Row for less than $3000/door in the late nineties. The prior three owners had been thrown in jail for violations, but Jorge saw immense value and had the confidence and bravado to take the project on. He ended up evicting those he needed to evict and fixing up the building and eventually make a $1,000,000 profit. Jorge went on to do an even bigger project with similar demographics and challenges in Kansas City and then a monstrous 1100 unit complex in Columbus, Ohio that was called Uzi Alley for all the gang warfare. Jorge ended up in an unwinnable situation to no fault of his own, where he became saddled with $26,000,000 in debt and hitting rock bottom before reinventing himself and creating American Homeowner Preservation, a company that has bought 1000's of single family non-performing notes from banks.

Today's Flashback Friday is from episode 1182 published last April 29, 2019. Jason Hartman brings you this episode from China with Venture Alliance Member Carmen. Jason describes how his visit to China is influencing his previously held thoughts about the country and how the looming asset shortage is a beautiful things for real estate investors. Then Jason talks with Jorge Newbery, founder and CEO of Debt Cleanse, founder of American Homeowner Preservation and author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about how he was able to climb out of a $26 million hole and how others can follow in his footsteps. This isn't about cheating your way out of debt, it's about using the same rights that creditors have because you need to protect yourself from predatory lending practices. Key Takeaways: 4:46 Jason got to visit the railroad station that was built to link North and South Korea in the future 8:18 star in the US has nothing on 5 star in Asia 12:03 How Jason's visit to China has changed his views on the China economy 14:16The looming asset shortage, and why it's good for real estate investors Jorge Newbery Interview: 19:34 Debt may seem simple, but it's a lot more nuanced that you'd first believe 21:19 If you can't afford your debts, the best thing you can do is to stop paying them 24:31 How Jorge got started paying off his $26 million debt 27:08 What kind of errors you should be looking for from your lendors 32:58 The elite have often used debt as a way to enslave the lower classes Website: www.DebtCleanse.com Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jorge Newbery is a serial entrepreneur, distressed debt and real estate investor, endurance athlete, author, a regular contributor to Huffington Post and other publications, speaker on debt, investing, finance, and housing issues, and Founder and CEO of American Homeowner Preservation (AHP), and PreREO. He also wrote the books, “Burn Zones”, and "Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies On the Dollar (And Not Pay Some At All) that help people resolve debts and rebuild their lives. His journey went from bike racing to the mortgage industry as a loan officer and branch manager and eventually started his own mortgage company with a partner. His lowest point in multifamily investing is when he found himself with a distressed property, rebuilding, and being wrecked by a natural disaster that left him with massive debts. Jorge never filed bankruptcy instead he applied a unique approach in investment philosophy to settle debts! KEY POINTS Facing jail time with a distressed/condemned apartment building  Tackling headache properties and overcoming massive challenges in distressed apartments  What Jorge learned in the mortgage industry that he applied in his own investing company Lessons learned from losing a $26 million portfolio Benefits of investing in notes How to invest in distressed notes with PreREO RESOURCES https://prereo.com/mission/ (Prereo.com) https://www.amazon.com/gp/product/B00XA2JE0C/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i2 (Burn Zones) book by Jorge Newbery https://twitter.com/jorgepnewbery (Twitter) Visithttp://m/gp/product/B00NB86OYE/ref=as_li_tl?ie=UTF8&tag=jacob0ee-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=B00NB86OYE&linkId=100a9d2905599266aa7088bba0a33d55 ( Audible) for a free trial and free audiobook download!  

Jorge Newbery is based in Chicago Illinois where he runs a series of businesses connected with distressed loans. You can connect with Jorge and learn more about their platform at prereo.com ----------------- Host: Victor Menasce email: podcast@victorjm.com

With more than 30 years' experience in distressed-asset management and borrower advocacy, Jorge Newbery founded preREO with the goal of bringing stability to neighborhoods challenged by the blight of vacant homes. He empowers investors to revitalize their communities while creating financial gains for themselves. Throughout his career, Newbery has utilized optimism and resiliency to discover opportunity in adversity, founding numerous enterprises including preREO, the nation's leading online marketplace focused exclusively on the sale of distressed mortgages from institutions to retail investors, and American Homeowner Preservation, the country's first crowdfunded distressed-mortgage investment platform. His book “Burn Zones,” offers lessons learned through his challenges and successes as an entrepreneur. What we're talking about and when: 1:40 How Jorge ended up with $26 million in debt 4:35 Why Jorge formed a nonprofit to help families not lose their homes 6:48 Why Jorge turned his nonprofit into a for profit business. 10:49 Jorge's simple approach to working with homeowners to settle debt. 13:30 Becoming his own mortgage servicer. 15:20 What is AHP Title? 18:10 AHP Title's focus on VA mortgages. 20:40 Modifying loans vs not modifying loans. 23:12 Jorge's thoughts on the American economy collapse. 25:25 When Jorge thinks the economy will improve. 30:02 Single vs multi-family housing investing. 33:08 The history of Jorge (pronounce George). 36:00 How you can connect with Jorge info@ahpservicing.com jnewbery@ahpservicing.com Twitter: @preREO_ https://www.facebook.com/1preREO/ https://www.linkedin.com/company/prereo  

With more than 30 years' experience in distressed-asset management and borrower advocacy, Jorge Newbery founded preREO with the goal of bringing stability to neighborhoods challenged by the blight of vacant homes. He empowers investors to revitalize their communities while creating financial gains for themselves. Throughout his career, Newbery has utilized optimism and resiliency to discover opportunity in adversity, founding numerous enterprises including preREO, the nation's leading online marketplace focused exclusively on the sale of distressed mortgages from institutions to retail investors, and American Homeowner Preservation, the country's first crowdfunded distressed-mortgage investment platform. His book “Burn Zones,” offers lessons learned through his challenges and successes as an entrepreneur. What we're talking about and when: 1:40 How Jorge ended up with $26 million in debt 4:35 Why Jorge formed a nonprofit to help families not lose their homes 6:48 Why Jorge turned his nonprofit into a for profit business. 10:49 Jorge's simple approach to working with homeowners to settle debt. 13:30 Becoming his own mortgage servicer. 15:20 What is AHP Title? 18:10 AHP Title's focus on VA mortgages. 20:40 Modifying loans vs not modifying loans. 23:12 Jorge's thoughts on the American economy collapse. 25:25 When Jorge thinks the economy will improve. 30:02 Single vs multi-family housing investing. 33:08 The history of Jorge (pronounce George). 36:00 How you can connect with Jorge info@ahpservicing.com jnewbery@ahpservicing.com Twitter: @preREO_ https://www.facebook.com/1preREO/ https://www.linkedin.com/company/prereo  

Today, another guest proves that resiliency plays a significant role in your success in the business! Jorge Newbery shares how he persevered despite massive losses on his investments, his motivation to shift into a new business strategy of buying mortgages, and the importance of pivoting to keep going. This episode offers a more profound understanding of buying mortgages and the hidden opportunities from underperforming assets, so be sure to listen in.Key Takeaways to Listen forpreREO: Its value in the mortgage industry and how it helps investorsThings you should know about filing insurance claims for investment damages caused by a natural disasterWhy real estate is still a worthwhile investment despite its ups and downsHow to reduce risks of buying mortgages and distressed propertiesBusiness structure and investor returns of buying mortgage notesThe key to sustainable success in real estate and life in generalResources Mentioned in This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive Investor About Jorge NewberyJorge Newbery founded preREO with the goal of bringing stability to neighborhoods challenged by the blight of vacant homes with more than 30 years' experience in distressed-asset management and borrower advocacy. Through his writing and live educational events, he empowers agents and investors to revitalize their communities while creating financial gains for themselves. Throughout his career, Newbery has utilized optimism and resilience to discover opportunity in adversity, founding numerous enterprises including the American HomeownerPreservation, the country's first crowdfunded distressed mortgage investment platform and Activist Legal, a law firm facilitating default legal services. His autobiography “Burn Zones'' offers lessons learned through his challenges and successes as an entrepreneur.Connect with JorgeWebsite: preREOLinkedIn: Jorge NewberyFacebook: Pre REOTwitter: @preREOTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.

This week's episode of The Real Estate Lowdown podcast, Host Bill shares the REal TidBit conversation about REO properties.  And an interview with Jorge Newberry, founder of preREO, a unique way to purchase real estate through the acquisition of the non-performing first lien mortgage. Jorge Newbery, Founder & CEO of AHP Servicing, He is CEO and Chairman of AHP Servicing LLC and American Homeowner Preservation LLC, which crowdfund the purchase of non performing mortgages from banks at big discounts, then share the discounts with struggling homeowners. He is also Founder and CEO of Debt Cleanse Group Legal Services, a nationwide legal plan to help consumers and small businesses get out of debt. He is also a non-attorney Partner in Activist Legal LLP, a law firm in Washington, D.C.; Founder and CEO of preREO, an online marketplace for lenders offering defaulted first mortgages to local investors.A 2004 natural disaster triggered the financial collapse of Newbery's former business, leaving him with $26 million in debts he could not pay. Newbery rebuilt himself through AHP, sharing what he learned from his challenges to help families at risk of foreclosure stay in their homes. In 2018, he founded Debt Cleanse Group Legal Services to assist consumers resolve all types of unaffordable debts.He authored Burn Zones: Playing Life's Bad Hands; Debt Cleanse: How To Settle Your Unaffordable Debts For Pennies On The Dollar (And Not Pay Some At All); and Stories of the Indebted.To learn more, visit:https://billbymel.com/Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/

Hace 108 años fallecía en un accidente aéreo el precursor de la aviación argentina, Jorge Newbery.

With more than 30 years' experience in distressed-asset management and borrower advocacy, Jorge Newbery founded preREO with the goal of bringing stability to neighborhoods challenged by the blight of vacant homes. He empowers investors to revitalize their communities while creating financial gains for themselves. Throughout his career, Newbery has utilized optimism and resilience to discover opportunity in adversity, founding numerous enterprises including American Homeowner Preservation, the country's first crowdfunded distressed-mortgage investment platform and Activist Legal, a law firm facilitating default legal services, to name a couple. His book “Burn Zones,” offers lessons learned through his challenges and successes as an entrepreneur.   Let's dive into his story! [00:01 - 06:30] Opening Segment Jorge's initial thoughts on risk and returns Taking risks that pay-off and do not The market is widely overheated right now People will lose money   [06:31 - 19:06] Asset Allocation Building wealth When to invest in higher-risk deals This time is not different Jorge's thoughts on when to exit certain asset classes Something has to change in the market What history has to say   [19:07 - 22:30] Closing Segment  Final Words Connect with my guest, Jorge, in the links below   Tweetable Quotes "I once read many years ago that in order to expose yourself to massive potential gains, you need to expose yourself to massive potential losses.” - Jorge Newbery   "Investing your money and effort can make you have massive gains.” - Jorge Newbery   "Do what everyone else is not doing.” - Jorge Newbery ------------------------------------------------------------------------   Connect to Jorge:   See more into what they do or invest with them: https://ahptitle.com/ and  https://prereo.com/ Connect to his socials: LinkedIn, Facebook, and Twitter Reach out to Jorge through email jnewbery@ahpservicing.com   Check more of Jorge's books on Amazon WANT TO LEARN MORE?   Connect with me through LinkedIn   Or send me an email sujata@luxe-cap.com   Visit my website www.luxe-cap.com or my YouTube channel   Thanks for tuning in!     If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

Happy New Year! I don't know about you, but I am looking forward to another profitable year in the roaring 20s. If you have been investing in real estate for the last several years, you are obviously doing very well. The big question on everyone's mind seems to be whether or not the market is […] The post 297: Another Look at the Real Estate Market with Jorge Newbery appeared first on Wealth Formula.

Many homeowners in America are dealing with the struggle of paying their mortgages – a challenge that has been compounded by the pandemic. What can these distressed homeowners do to relieve these debts? Sam Wilson finds out in this discussion with the founder, chairman and CEO of AHP Servicing, Jorge Newbery. Jorge has been in the same position as many financially distressed Americans and has been able to pull his way back. In this episode, Jorge discusses how he and his company help both investors and homeowners resolve mortgage difficulties and he talks about helping debt-riddled people achieve freedom from debt.Love the show? Subscribe, rate, review & share! https://www.brickeninvestmentgroup.com/podcast

Excited to learn more about the NEW AHP fund?In this podcast, we are reunited with Jorge Newbery, Founder and CEO of American Homeowner Preservation.He'll discuss the two new opportunities you can invest in, namely: AHP Title Fund and preREO.Always note that each fund is different.But if you invest today, your money will be back in approximately five years.If you are looking to join our Inner Circle, join the family office Ohana mastermind.Visit simplepassivecashflow.com/journey.Deep dive on legacy building ideas!Visit simplepassivecashflow.com/legacy See acast.com/privacy for privacy and opt-out information.

Excited to learn more about the NEW AHP fund? In this podcast, we are reunited with Jorge Newbery, Founder and CEO of American Homeowner Preservation. He'll discuss the two new opportunities you can invest in, namely: AHP Title Fund and preREO. Always note that each fund is different. But if you invest today, your money will be back in approximately five years. If you are looking to join our Inner Circle, join the family office Ohana mastermind. Visit simplepassivecashflow.com/journey. Deep dive on legacy building ideas! Visit simplepassivecashflow.com/legacy

Vigésimo cuarto capítulo de la segunda temporada. Transmitido desde la Radio Pública de Luján. Si disfrutaste este capítulo de Gorlami tanto como nosotrxs compartilo y recomendalo. Además podés seguirnos en nuestras redes sociales. En instagram como @gorlamiradio (https://www.instagram.com/gorlamiradio/) y Twitter como @gorlamiradio (https://twitter.com/GorlamiRadio). Escúchanos en vivo los martes a las 18 hs en http://radiopublica.lujan.gob.ar/

Want a free CRE loan quote? https://quote.peakfinancing.com/quote-request Investing in Mortgage Notes - A Strategy for Real Estate Investors to Build Wealth and Passive Income With Jorge Newbery Jorge P. Newbery is Founder and CEO of American Homeowner Preservation LLC, which crowdfunds the purchase of nonperforming mortgages from banks at big discounts, then shares the discounts with struggling homeowners. A 2004 natural disaster triggered the financial collapse of Newbery's former business, leaving him with $26 million in debts he could not pay. Newbery rebuilt himself through AHP, sharing what he learned from his challenges to help families at risk of foreclosure stay in their homes. Today, Jorge will discuss how to use crowdsourced funds to purchase past due loans at a discount as well as provide insight into what financing looks like in the single family space and how the housing market has been affected by Covid-19! Anton Mattli CEO of PEAK Financing anton@peakfinancing.com https://peakfinancing.com/ Jorge Newberry Founder and CEO American Homeowner Preservation LLC info@ahpservicing.com https://ahpservicing.com/ Peak Financing Facebook Page - Like to receive episode updates and more! Peak Financing YouTube Channel - Subscribe to receive episode updates and recently featured! Peak Financing Official Website - Peak Market Watch Episodes Follow PEAK Financing FB: https://www.facebook.com/peakfinancing/ Twitter: http://www.twitter.com/peak_financing LinkedIn: https://www.linkedin.com/company/peak-financing/ Instagram: https://www.instagram.com/peakfinancing/

Seeking a sustainable solution to solve your mortgage problem? We are joined by Jorge Newbery, Founder, and CEO of American Homeowner Preservation and AHP Servicing, to talk about the 2020 AHP Financial Audit, and how AHP can be your investment medium of choice. We also tackled strategies for loans, REOs and the most talked about topic nowadays, Bitcoin. After listening, head over to simplepassivecashflow.com/AHP to learn more about the AHP fund service.

Seeking a sustainable solution to solve your mortgage problem?We are joined by Jorge Newbery, Founder, and CEO of American Homeowner Preservation and AHP Servicing, to talk about the 2020 AHP Financial Audit, and how AHP can be your investment medium of choice.We also tackled strategies for loans, REOs and the most talked about topic nowadays, Bitcoin.After listening, head over to simplepassivecashflow.com/AHP to learn more about the AHP fund service. See acast.com/privacy for privacy and opt-out information.

Often, the best life lessons happen when your back is against the wall. Today's show is about turning failures into your biggest successes. Find out what distressed mortgage investing is and how you can gain access to assets nationwide! For more from Jorge Newbery visit www.Prereo.com

Often, the best life lessons happen when your back is against the wall. Today's show is about turning failures into your biggest successes. Find out what distressed mortgage investing is and how you can gain access to assets nationwide! For more from Jorge Newbery visit www.Prereo.com

Today on The Wealth Secrets Podcast, Sean Adams talks to Jorge Newbery, Founder and CEO of AHP Servicing, a crowdfunded company that purchases non-performing mortgages from banks at huge discounts. We discuss how he runs a successful for-profit business, the rise and fall of his real-estate empire, and how the average investor can invest in companies through crowdfunding. [04:06] How Jorge got into Entrepreneurship [06:30] How Jorge Built a Multi-Million business and Lost it in 18 months [24:43] The Pivotal Moments in Jorge's Entrepreneurial Journey [34:13] Why Banks Detest Helping Homeowners [46:30] How the Average Investor can Utilize Crowdfunding to Grow Their Portfolio How Jorge Built his Real-Estate Business and Lost it in 18 Months Unlike other kids his age, Jorge was already selling ice cream to kids in his neighborhood at age 12. By the time he was 16, he had a recording studio but hit his first jackpot when he ventured into real estate. He started out with 4 units and eventually bought an 1100-unit flat that was one of the country's largest apartment complexes. His downward spiral started when an ice storm rendered his building powerless and therefore not fit for human occupation. HUD terminated all his contracts, took over the property, and left him with a $26 million debt. He spent 13 years building his empire, yet it took only 18 months to lose everything and be stuck in debt. The Pivotal Moments in Jorge's Entrepreneurial Journey By this time, Jorge was practically financially crippled and spent most of his time battling creditors. Fortunately, he never filed for bankruptcy and came out of the experience with a wealth of knowledge on dealing with overwhelming debt. He realized that many creditors make mistakes that can be used when faced with foreclosure. And that's how he started his business. Jorge helps homeowners keep their homes by offering alternatives that protect them from foreclosures and gives them adequate time to settle their debts. How The Average Investor can get Into the Non-Performing Mortgages Space For the longest time, the average investor has been blocked from lucrative investment opportunities because of their shallow pockets. That was until the early 2010s when crowdfunding started taking root. With crowdfunding, a low-income investor can invest money in a business and get guaranteed returns over a specified period of time. In Jorge's case, his company allows people to invest in the company with as little as $100. Links and Resources Jorge's Website Jorge's LinkedIn Jorge's Book Burn Zone Connect With Sean: Facebook: https://www.facebook.com/profile.php?id=100060279543976 LinkedIn: https://www.linkedin.com/in/leveraged-life/ Instagram: https://www.instagram.com/sean_adams103/ YouTube: https://www.youtube.com/channel/UC0i91Q-fFy70LkaFxvfnGpg For more videos and resources, visit leveraged-life.com. Do you have questions and feedback? Get in touch with Sean Adams through his email: sean@leveraged-life.com. All shared information from the Wealth Secrets Podcast should not be taken as legal or financial advice. Please consult with a professional before making any decisions. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/wealthsecretspodcast/message Support this podcast: https://anchor.fm/wealthsecretspodcast/support

Today on The Wealth Secrets Podcast, Sean Adams talks to Jorge Newbery, Founder and CEO of AHP Servicing, a crowdfunded company that purchases non-performing mortgages from banks at huge discounts. We discuss how he runs a successful for-profit business, the rise and fall of his real-estate empire, and how the average investor can invest in companies through crowdfunding. [04:06] How Jorge got into Entrepreneurship [06:30] How Jorge Built a Multi-Million business and Lost it in 18 months [24:43] The Pivotal Moments in Jorge's Entrepreneurial Journey [34:13] Why Banks Detest Helping Homeowners [46:30] How the Average Investor can Utilize Crowdfunding to Grow Their Portfolio How Jorge Built his Real-Estate Business and Lost it in 18 Months Unlike other kids his age, Jorge was already selling ice cream to kids in his neighborhood at age 12. By the time he was 16, he had a recording studio but hit his first jackpot when he ventured into real estate. He started out with 4 units and eventually bought an 1100-unit flat that was one of the country's largest apartment complexes. His downward spiral started when an ice storm rendered his building powerless and therefore not fit for human occupation. HUD terminated all his contracts, took over the property, and left him with a $26 million debt. He spent 13 years building his empire, yet it took only 18 months to lose everything and be stuck in debt. The Pivotal Moments in Jorge's Entrepreneurial Journey By this time, Jorge was practically financially crippled and spent most of his time battling creditors. Fortunately, he never filed for bankruptcy and came out of the experience with a wealth of knowledge on dealing with overwhelming debt. He realized that many creditors make mistakes that can be used when faced with foreclosure. And that's how he started his business. Jorge helps homeowners keep their homes by offering alternatives that protect them from foreclosures and gives them adequate time to settle their debts. How The Average Investor can get Into the Non-Performing Mortgages Space For the longest time, the average investor has been blocked from lucrative investment opportunities because of their shallow pockets. That was until the early 2010s when crowdfunding started taking root. With crowdfunding, a low-income investor can invest money in a business and get guaranteed returns over a specified period of time. In Jorge's case, his company allows people to invest in the company with as little as $100. Links and Resources Jorge's Website Jorge's LinkedIn Jorge's Book Burn Zone Connect With Sean: Facebook: https://www.facebook.com/profile.php?id=100060279543976 LinkedIn: https://www.linkedin.com/in/leveraged-life/ Instagram: https://www.instagram.com/sean_adams103/ YouTube: https://www.youtube.com/channel/UC0i91Q-fFy70LkaFxvfnGpg For more videos and resources, visit leveraged-life.com. Do you have questions and feedback? Get in touch with Sean Adams through his email: sean@leveraged-life.com. All shared information from the Wealth Secrets Podcast should not be taken as legal or financial advice. Please consult with a professional before making any decisions. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/wealthsecretspodcast/message Support this podcast: https://anchor.fm/wealthsecretspodcast/support

Jorge is a returned guest who was previously on episode . Jorge owned about 4000 apartments across the country and a natural disaster happened and caused him to lose everything he had and put him millions of dollars in debt. Then in 2008 when he saw that many Americans were losing their homes he decided to create a company that could help them by buying mortgages from banks in pools. Today he will share what a PreREO is and why he focuses on this. Jorge Newbery Real Estate Background: CEO of preREO LLC, AHP servicing LLC, and a partner in Activist Legal LLP 30 years of real estate experience A previous guest on episode Portfolio consist of 10,000 purchased defaulted mortgages, owned 4,000+ multifamily units, and brokered thousands of properties Based in Chicago, IL Say hi to him at:       for more info on groundbreaker.co  Best Ever Tweet: “Local investors have advantages because they can see the work that is needed and typically have a local team they know and trust” - Jorge Newbery

Jorge Newbery is on a mission to help Americans crushed by unaffordable debts. He is Founder and CEO of American Homeowner Preservation and AHP Servicing, which crowdfund the purchase of non performing mortgages from banks at big discounts, then share the discounts with struggling homeowners. He is also Founder and CEO of Debt Cleanse Group Legal Services, a nationwide legal plan to help consumers and small businesses get out of debt without filing bankruptcy. He is also the Founder and a non-attorney Partner in Activist Legal, a law firm in Washington, D.C. A 2004 natural disaster triggered the financial collapse of Newbery's former business, leaving him with $26 million in debts he could not pay. Newbery rebuilt himself through AHP, sharing what he learned to help families at risk of foreclosure stay in their homes.  He has authored three books, including Burn Zones, which shares the story of his financial rise and fall, as well as Debt Cleanse: How To Settle Your Unaffordable Debts For Pennies On The Dollar (And Not Pay Some At All).

BE SURE TO SEE THE SHOWNOTES AND LISTEN TO THIS EPISODE HERE. Eve Picker: [00:00:12] Hi there. Thanks so much for joining me today for the latest episode of Impact Real Estate Investing. Today marks the first anniversary of this podcast, something I am immensely proud of.   [00:00:36] A year ago, I didn’t know that our audience would grow as it has. In fact, a year ago I wasn’t sure we would have an audience at all.  And I certainly never imagined that I would have the opportunity to talk with so many extraordinary individuals, leaders and movers in their respective fields, all doing remarkable things.  When we started the podcast, I thought we would focus on real estate and the impact it makes.  But I’ve discovered that “real estate” is a very broad industry. I’ve found a horde of people working in fascinating niches around this one big central theme – the built environment we all occupy. [00:01:26] These people work in city planning, on affordable housing, in impact investing, on mobility issues, in fintech, as architects, on sustainable development, on community capital, on equity in communities and in many other niches, pushing the boundaries of the built environment to be better for everyone.  The range of work that is being accomplished, is quite frankly, astounding. [00:01:59] I learned how big, visionary thinkers make cities better. Like Josh MacManus in How to leave places better than you find them. He’s spent quite a lot of time rebuilding downtown Detroit.  Or Tom Murphy, past mayor of Pittsburgh, who showed incredible fortitude in shepherding Pittsburgh from abandoned to reinvented in How to transform a city. And most recently, Avra Jain, who tells us all to look past the working girl on the corner in Beyond the Vagabond. When she looked she saw the future of Biscayne Boulevard.   [00:02:45] Other guests have reminded me of the power of zoning, architecture and design starting with Liz Faletta in By right, by design. Her in depth research on the impact of zoning on housing in Los Angeles provides unexpected insight.   In Atlanta, Eric Kronberg convinced me yet again of the importance of salvaging architecture in The zoning whisperer.   Christine Mondor reinforces the idea that architects can influence the future of cities in The power of design.   And Lorenzo Perez’s creativity as a real estate developer in Phoenix caught me off guard in Real estate artist. His approach to transforming ugly desert architecture into beautiful community spaces is wildly creative. [00:03:44] Let’s not forget the housing crisis. Lots of my guests are all in looking for big solutions. John Perfitt and Jason Neville are tackling homeless housing in Los Angeles by re-introducing iconic architecture, in Hungry for disruption; Molly McCabe describes the unusual approach of the Lotus Campaign in Capital is just a tool. Jonathan Tate takes an architect’s approach by focusing on the value of odd lots and the houses you can build on them in Lead by example. Scott Choppin is tackling multi-generational workforce housing in The contrarian developer, an important niche that has gone unnoticed by other housing developers. [00:04:31] Matt Hoffman is focusing instead on how technology might solve the crisis in 7.4 million short. Rebecca Foster, in San Francisco, is busy saving existing affordable housing through financial tools on Accelerating affordable housing. Brian Gaudio has a modular housing solution in Scaling up. And Thibault Manekin (T-bo) of Seawall Development is focusing on specific communities, affordability and astounding preservation efforts in Choose your own rent. [00:05:22] Across the Pacific Ocean, Australian architect Jeremy McCleod has figured out how to deliver Sustainable, affordable and beautiful housing in a market that most people can’t afford. Fellow Australian, Kris Daff, is tackling the same problem in a different way. He’s Assembling communities and offering them a path to home ownership.   And across the Atlantic Ocean Marc Koehler is turning the architectural design process upside down by first curating communities and then designing a building around them in his Superlofts project.  It’s super fantastic!  [00:06:08] Community development and social equity have moved into the foreground this year, and I expect will even more so next.   Brian Murray is Embedded in community in Philadelphia, working on projects that provide equitable opportunity for everyone. Josh Lavrinc has spent his career squarely focused on Advancing community development, through capital raising and real estate development Emerick Paul Patterson is busy experimenting with inclusionary community tactics in New York. Listen to his love of diversity in Delicious Urban Soup. [00:06:47] In West Virginia, Brandon Dennison is experimenting as only an entrepreneur can, on how to end generational poverty in A bold experiment in coal country. John Folan, who heads a department of architecture, wants to make sure that the next generation of architects understand the meaning of equity. For John, Equity is the thread. Majora Carter has gone from Revitalization strategist to barista in her efforts to bring equity to the South Bronx, one of the poorest zip codes in the country, and where she lives. “Nobody should have to move out of their neighborhood to live in a better one,” says Majora. Sadie McKeown, in Political will and community, has seen firsthand the influence of good and steady political leadership in building better communities. [00:07:43] Justin Garrett Moore has a day job ensuring the quality of public space in New York City.  But on the weekends, he’s knee-deep in redeveloping the community he grew up in. Hear what he’s up against as a black man in Black, white and red(lining). Adam Sgrenci is showing communities how they can control their own destinies, andn educating developers on how to Co-create. Adrian Washington has been developing in Opportunity Zones before they were a thing. He decided a long time ago that Greenfields are boring. And Katie Swenson is the quintessential community architect. Home is the most important community development concept for her. [00:08:43] For insights into economic development and financial inclusion hear Kimber Lanning who is Striving for justice in Arizona or Brian Beckon explain how to raise community capital in Share the wealth. Jorge Newbery is using Fintech to keep people in their homes. He’s saved 10,000 and counting, while Ommeed Sathe sees Big Change in his role at Prudential, helping them to build a billion-dollar impact fund. Lance Chimka who leads an Economic Development Department believes their role should always be First in. Towards growth. Christina Marsh has given herself over to the remaking of Erie in Of service. In Erie. Melissa Koide is researching and advancing ideas on financial inclusion. With Fintech. And Lyneir Richardson, wants to help 1,000 urban entrepreneurs grow their business.   [00:09:55] I’ve learned about mobility in cities, and how it touches real estate and equity, from Karina Ricks, who heads a newly energized Department of Mobility, and from Gabe Klein, a mobility rock star, who convinced me that the future of mobility will be enhanced by data in Mobility is pretty pedestrian. Harriet Tregoning is taking on a leadership role with NUMO, the New Urban Mobility Alliance, and explains why in The reluctant planner. And let’s not forget Donald Shoup, parking czar, who believes that parking is over-rated and under-compensated in Parking not required.  [00:10:38] Others think about investment in ways I never imagined. Janine Firpo is on a personal journey to ensure that every dollar she invests does good. Listen to her explain why in She’s all in. Laura Callanan is squarely focused on Connecting impact and creativity. And Mark Roderick, a crowdfunding attorney, explains how the Securities and Exchange commissions are opening the doors for Democratizing investment. And why its a huge step forward; [00:11:12] For innovation in the building industry listen to Jennifer Castenson, who surely has her finger on the pulse of new trends, in Living the Jetson life;   Or maybe you want to learn about blockchain? Listen to Sandy Selman explain how it might be applied to real estate in Digital twins; and if you are ready to embrace sustainability and saving our planet in the most wholistic way, Sandy Wiggins may just be the one to listen to in Let’s change our mindset. And if you think we need to get back to a former time, listen to Jim Kumon of the Incremental Development Alliance talk about The lost art of small-scale development.  He’s teaching small-scale developers how to get back there all over the country. [00:12:01] Phew. That’s a lot of podcasts.  I’ve enjoyed every interview with every person.  I’m in awe of them all.   But it’s time to take some time off to rest, enjoy the weather and just step back from the extraordinary last few months that has rearranged all of our lives.   We’ll be back refreshed in September with many more amazing people for you to listen to and me to learn from. Thank you so much for joining me.  Now go forth, invest a little in your community and make some change!

Jorge P. Newbery is Founder and CEO of American Homeowner Preservation LLC, which crowdfunds the purchase of nonperforming mortgages from lenders at big discounts, then provides sustainable solutions to help struggling homeowners. He authored Burn Zones, which shares how he built up a portfolio of over 4,000 apartments nationwide before a natural disaster devastated his largest complex. He lost everything and ended up $26 million in debt. Newbery rebuilt himself through AHP, sharing what he learned from his challenges to help families at risk of foreclosure stay in their homes. Topics discussed: Note Investing Loan Modification Foreclosure Links mentioned in this episode: [https://notebuyerbootcamp.com/] [https://ahpfund.com ] Please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode (Creative Real Estate Podcast)

What are notes? Well, for simplicity, let’s call them mortgages. You owe the lender money when you take out a mortgage. However, that lender can sell that mortgage to someone else. That’s what it means to buy or sell a note. Notes can be performing or non-performing. Non-performing notes are simply those that have had […] The post 207: Non-Performing Notes in a Non-Performing Economy with Jorge Newbery appeared first on Wealth Formula.

https://www.youtube.com/watch?v=T8YrxVLGUO8 In this episode, we interview Jorge Newberry, CEO of American Homeowner Preservation, about how to invest in distressed mortgages with as little as $100. So if you want to get between 7 - 12% annual cash returns paid out monthly, understand your investment, and make a huge difference in families, neighborhoods, and communities, starting with a small investment, without having to be an accredited investor with a $50K minimum, tune in now! Where Investing Fits into the Cash Flow System Here at The Money Advantage, we are a community of entrepreneurially-minded wealth creators who are taking control of our lives and financial destiny.  It's not enough to just make a great income.  You have to figure out how to keep more, protect that money, and finally, increase and make more through the right investing decisions. That's why we have created the 3-step Business Owner's Cash Flow System.  It's your roadmap to take you from just surviving, to a life of significance, purpose, and financial freedom. The first step is keeping more of the money you make by fixing money leaks, becoming more efficient and profitable.  Then, you'll protect your money with insurance and legal protection, and Privatized Banking.  Finally, you'll put your money to work, increasing your income with cash-flowing assets. Today's conversation will give you a fresh perspective on an investing opportunity for big returns with a small investment. Jorge Newberry Conversation Highlights In this episode, you'll discover: What led Jorge Newberry to found AHP 12 years agoThe purpose and mission of AHPThe prevalence of defaulted mortgages today, 10-years after the housing crisisHow AHP helps homeowners stay in their homes How AHP offers a minimum investment of only $100The returns, payout, and liquidity investors can expect when investing with AHPThe current investment opportunity with AHP's fund re-openingWhat a potential upcoming housing downturn will mean for AHP and distressed mortgage note investors About Jorge Newberry: Jorge is an expert in investing in mortgage notes whose accomplishments include: Jorge Newbery is an author, entrepreneur, CEO and investor. He is the Chairman and CEO of AHP Servicing LLC, which crowdfunds the purchase of non-performing mortgages from banks at big discounts, and then shares the discounts with struggling homeowners. Jorge is the Founder and Partner of Activist Legal, LLP, a DC-based law firm that facilitates default legal services, and the Founder and CEO of DebtCleanse Group Legal Services, a nationwide legal plan to help consumers and small businesses get out of debt without filing bankruptcy. A 2004 natural disaster triggered the financial collapse of Newbery's former business, leaving him with $26 million in debts he could not pay. Newbery rebuilt himself through AHP, sharing what he learned from his challenges to help families at risk of foreclosure stay in their homes. Jorge is also the author of Burn Zones: Playing Life's Bad Hands; Debt Cleanse: How To Settle Your Unaffordable Debts For Pennies On The Dollar (And Not Pay Some At All); and Stories of the Indebted. Get Financial Clarity Today If you would like to implement Privatized Banking, cash flow strategies, or alternative investments, so you can accelerate time and money freedom, we can help.  We'll review your situation to help you decide what moves are best for you. To start the conversation, book a call with The Money Advantage advisors now. Investing In Mortgage Notes Links & Mentions From This Episode: American Homeowner PreservationBurn Zones: Playing Life's Bad Hands, by Jorge NewberryDebt Cleanse: How To Settle Your Unaffordable Debts For Pennies On The Dollar (And Not Pay Some At All), by Jorge NewberryStories of the Indebted, by Jorge Newberry Thanks for Tuning In! Thanks so much for being with us this week.

If you're like many real estate investors, flying by the proverbial "seat of your pants"; the threat of bankruptcy may loom ominously in the background. Depending on how much ca$h you have, it may not be an immediate threat. Yet more often than not, it's still there. But what if you could actually use bankruptcy or simply the threat of it - to your advantage? Turns out, you can indeed do just that. Learn how in this episode featuring Jorge Newbery of AHP Servicing. To hear it, click "Play" in iTunes now!

He becomes a loan officer in 1990 and begins making good money. He then starts flipping apartment buildings in the hood and end up losing everything after a bizarre chain of events that ultimately leads him to his current business. To learn more about Jorge and his come back story, visit https://wealthjunkies.com/wj44 

BE SURE TO SEE THE SHOWNOTES AND LISTEN TO THIS EPISODE HERE. Eve Picker: Hey, everyone, this is Eve Picker, and if you listen to this podcast series, you're going to learn how to make some change. Eve Picker: Hi, there. Thanks so much for joining me today for the latest episode of Impact Real Estate Investing. Eve Picker: My guest today is Jorge Newbery, founder and CEO of American Home Owner Preservation and AHP Servicing. Jorge is also CEO of Debt Cleanse Group Legal Services. AHP crowdfunds the purchase of non-performing mortgages from banks at big discounts, then shares the discounts with struggling homeowners. Jorge is on a mission to help Americans crushed by unaffordable debts. Eve Picker: A 2004 natural disaster triggered the financial collapse of Jorge's former business, leaving him with $26 million in debts he could not pay. Jorge rebuilt himself through AHP, sharing what he learned from his own challenges to help families at risk of foreclosure stay in their homes. Jorge has also found the time to write a few books, Burn Zones, Playing Life's Bad Hands, Debt Cleanse, How to Settle Your Unaffordable Debts for Pennies on the Dollar, and Stories of the Indebted.   Eve Picker: Be sure to go to EvePicker.com to find out more about Jorge on the Shownotes page for this episode and be sure to sign up for my newsletter so you can access information about impact real estate investing and get the latest news about the exciting projects on my crowdfunding platform, Small Change.   Eve Picker: Welcome, Jorge. Thanks very much for joining me. It's really nice to reconnect.   Jorge Newbery: Likewise, Eve. Always a pleasure.   Eve Picker: Yeah, we haven't talked for a while, but still, I know that you're a man with a mission, and the mission that I know about is to help keep Americans in their homes. I think a more recent one is to help Americans crushed by unaffordable debt. I'd love to talk to you about how you're tackling these two missions.   Jorge Newbery: Sure. They're very interrelated. I'll go back a little bit in history, about 15 years ago; 15 years ago, next month, was a day that kind of changed my life. At the time, I owned about 4,000 apartments across the country, had a very significant net worth. A ice storm hit my largest holding on Christmas Eve 2004. That holding was 1,100 units in Columbus, Ohio. It was just devastated by this natural disaster, and it triggered this extraordinary sequence of events in which I lost everything and ended up $26 million in debt.   Eve Picker: Whoa! That's a really big number.   Jorge Newbery: Yeah. It created some extraordinary challenges, as you can imagine. As I regained- came back to life, I realized that I'd become good at one thing through that experience. I never filed bankruptcy, but instead, I was able to work with my creditors, or somehow, sometimes, go on the offensive against my creditors, in order to settle those debts at significant discounts and, in some cases, not pay them at all.   Jorge Newbery: By 2008, I realized millions of families across our country are suffering the same experience. They're at risk of losing everything. They're ending up losing their homes, losing whatever property they had, and in significant debt, and maybe my experience could be put to good use to help them. So, I started American Homeowner Preservation in 2008, and the goal was- the mission was, and still is, to keep families at risk of foreclosure in their homes.   Jorge Newbery: Originally, we were a nonprofit. We were able to get our 501(c)(3) designation from the IRS. But over time, we realized that we could be a lot more effective as a for-profit, and we started buying defaulted mortgages from banks at big discounts. Then, once we owned the mortgage, we could do whatever we wanted with it, which could include cutting principal, forgiving delinquency, and reducing payments in order to keep these families in their homes.   Eve Picker: So, the second mission ... I think you started a second company recently, right?   Jorge Newbery: I did. What would happen is, over the years, we would help a family, and they would say, "Wow, this is ..." Oftentimes, people say this is too good to be true. They owe $100,000, and the home is only worth $50,000. They hadn't paid in three years. They owed $20,000 to the bank. Here we come along, and buy the mortgage, and say, "Hey, give us $2,000. We'll forgive the delinquency, so you're up to date. Your payment was $800; now it's $500." They say, "Great!" They'd tell their friends and family, and the friends and family will call us and say, "Hey, you helped my cousin with his mortgage, my co-workers on their mortgage. Can you buy my mortgage?"   Jorge Newbery: The reality is, I can't go to Chase, or Wells, or any of the big banks, or other lenders, and say, "Hey, sell me this one mortgage." They basically decide what loans they want to sell, and I can't make special requests. Neither can anybody. So, what do we tell these people? We started giving them some tips as to what they could do to maximize the likelihood that they could stay in their home an extended period, and somebody would buy their loan at a discount and give them a more favorable deal. That eventually became a book, which is called Debt Cleanse - How to Settle Your Unaffordable Debts for Pennies on the Dollar.   Jorge Newbery: Through life, you find that, as you solve one problem, you create another. So, now, people would read the book, and they'd say, "Hey, I'm following the steps in the book ..." They'd reach out on social media, and by email, and they'd say, "I'm following the steps in the book, but I need an attorney. Do you know any attorneys who can help me?" I knew from my experience when I was in a lot of debt that a lot of attorneys ... Some attorneys can be very helpful, but a lot of attorneys aren't that helpful; don't have that much experience in being ... Outside of law school, there's a lot of things you can do if you can't afford your debts that can be used to your advantage. Most attorneys aren't familiar with the tactics. So, what do I do? What do I tell these people to do? I can't tell them just to google 'attorneys in my area.'.   Jorge Newbery: Over time, we realized that what could work here is a legal plan, where consumers struggling with their debts paid a $99 enrollment fee and $29 a month, and we'd give them access to attorneys in their area. Those attorneys, as part of the plan, agree that, "For that $29 dollars a month, I'm going to give this member half an hour of my time at no extra cost." They're going to get half an hour with their attorney every month.   Jorge Newbery: Not only that, when they first enroll, these attorneys will send letters to their creditors saying that, "This member is represented by our law firm. Please cease communication with a member and direct all future correspondence to us." That has been very effective for members at stopping the phone calls, stopping the letters, which oftentimes create a lot of anxiety, so it's a big relief when that happens.   Jorge Newbery: That's what we've done, and these attorneys ... The goal is they look for violations. It happens all the time, millions and millions of times a year, where there'd be live violations of the Fair Debt Collections Practices Act, the Fair Credit Reporting Act, TCPA, RESPA. When they can find these violations, they use those as leverage to get the debts settled at big discounts, not get paid at all and sometimes, in some cases, they'll sometimes even get the creditor to pay the member a statutory penalty, plus pay the attorney's legal fees. Most of the attorneys work on contingency, so they're not looking to get paid by the member; they're looking to get paid by the creditors.   Eve Picker: I want to go back to AHP Servicing and what you've done there. I haven't talked to you in a few years, but I know you were buying large blocks of foreclosed homes and trying to keep people in them. That was really your first goal. I'm wondering how many people you've impacted by now. How big has this become? Where does everything stand?   Jorge Newbery: I think we've bought, over the years, about 10,000 mortgages, so it's ... We bought a lot of mortgages. We've helped thousands of families stay in their homes with long-term sustainable modifications. Others, they don't want their homes. We've been able to give them cash; in exchange for the deed to the property, we forgive the debt and then, we sell the property. So, we get these vacant homes, which are oftentimes pock-marking low-, and moderate-income neighborhoods, and we get those back into service and occupied. Someone's taking care of them, paying taxes on them, and whatnot. So, between the two, one is keep the family in the home if they want to stay. Number one, that's the goal; but if not, the second thing is to help those communities by getting these vacant homes back into service.   Eve Picker: Let's talk also about how you fund this, because that's how you and I [crosstalk] together, right? That's probably the most interesting part of the story, or very interesting.   Jorge Newbery: Yeah, that's how our paths intersected. So, in 2013, September, we were one of the first crowdfunding offerings under 506(c). Before that, we raised money initially from friends and family; then from private investors who we knew; then accredited investors only, into a hedge fund. But then we heard about crowdfunding. So, September 2013, we offered, under 506(c) ... It was still accredited investors only, but we made it more accessible. It was a $10,000 minimum, which, at the time, was pretty low. I think our first offering raised about $4.5 million or so, and we bought a considerable number of loans. I forget how many, but it was quite a few; probably close to 1,000.   Jorge Newbery: It worked. It made it more accessible. It was still accredited investors only, but it made it more accessible to a wider audience. I remember being really shocked, early on, when people would go online, go through the process, make an investment, and we had never talked to them. I was really astounded by that, because previously, as a hedge fund, we had to talk to people, and explain things, and send out these private placement memorandums that were numbered. So, it really was- seemed to be a lot ... It was just a lot more streamlined.   Jorge Newbery: What was exciting is we did two more 506(c) offerings. All went well, but then, when we heard about Regulation A+, because now it was crowdfunding, but we could accept investments from both accredited investors and non-accredited investors. For me, that was exciting because it really ... We had homeowners, at times, who we helped them out of their predicament, and they'd say, "Hey, I have some extra money I'd like to invest, or my friend, or family member would." I can't tell you how many times we had to tell people, "We'd love to have you participate, but you can't. You're not worth enough, or you don't earn enough, so we can't accept your investment." It seemed [crosstalk]   Eve Picker: -you're part of the 97 percent of the population that's not permitted to invest, right?   Jorge Newbery: Exactly! It didn't feel right. So, when I heard about Regulation A+ [inaudible] accredited investors- I mean, non-accredited investors can invest, that was exciting. We were one of the first Regulation A+ offerings in 2016, and to make it as accessible as possible to anyone, we made our minimum investment $100, which I think is still amongst the lowest, if not the lowest of the major ones.   Eve Picker: Be sure to go to EvePicker.com and sign up for my free educational newsletter about impact real estate investing. You'll be among the first to hear about new projects you can invest in. That's EvePicker.com. Thanks so much.   Eve Picker: I think it's probably the lowest, although there's some pretty low ones in Reg CF, but it's pretty low.   Jorge Newbery: Yeah, it's pretty low. People will say, "Why are you doing that? You don't need to be that low!" The reality is, we don't need to be that low, but it did make it ... People would- it caught people ... It was almost a marketing strategy, but we've kept it because many people have started out with $100, just saying, "Well, what is this? It looks curious. Oh, it's only $100. I'll try it."   Eve Picker: Yes.   Jorge Newbery: Now, though, now they're an investor with us; they get our emails; they see that they get the returns; and they keep up with our news. Then, over time, they increase- the vast majority increase their investments and then, they tell their friends and family. So, definitely, the $100, I think, is a winner. I think we'll do it forever. It's a great way to start a relationship, and that's grown.   Jorge Newbery: Now, our first Reg A fund, we raised $40 million and now, we're working on our second. Our goal probably would be to get to around $65 million. Then, our third fund, which'll come out sometime in 2020, we expect- our goal is to do the full $100 million. Regulation A+, we actually now realize that vision of having homeowners who we helped out of their predicament and now, they've turned around and been investors, and I think that's just- it just feels right-   Eve Picker: That's pretty fabulous.   Jorge Newbery: It is. Socially, it seems right, and it feels good. That's along with a lot of other ... We have a lot of accredited investors that participate, but alongside the non-accredited. We've had people invest very substantial sums, several hundred thousand dollars at a time, and they've asked, "Hey, can I get a better deal, or can I get a little bit extra, or something like that?" We always say no. Again, it plays to kind of the-   Eve Picker: Because everyone's money is the same, right?   Jorge Newbery: It is. Exactly-   Eve Picker: It's a great democratization of investment.   Jorge Newbery: It truly is. The person who puts in $100 and the person who puts in $600, they're getting the exact same terms, and I'm talking $600,000 ... It's fair, it's transparent, and that's the way things should be. I know, in Wall Street, it often isn't the case, so it feels good.   Eve Picker: Yeah. While you've been helping people save their homes and taking people's money to make that happen, how much have you been returning to investors?   Jorge Newbery: I'll tell you what we did in our first fund, because it's kind of a ... You'll see the progression. In our very first 506(c) offering, we said, "Hey, if you invest your money for five years, you earn 12 percent. If you invest your money for two years, you earn roughly 10 percent. If you invest your money for one year, you earn nine percent." That was our first offering, and that's what we did. Then, in our first Regulation A+ offering, we said, "Let's make this simpler. Let's just pay everybody 12 percent, but if they need the money early on, they can ask us for it, and we'll undertake our best efforts to return the money. If they need it back ..." I think we did ... Currently, if they needed it back early, then they'd get a slightly reduced return.   Jorge Newbery: That's evolved into today's fund, where we pay- the first 10 percent of what we earn, that's what we pay to investors. Anything over that is what we keep, and-.   Eve Picker: So, that's pretty motivating for you.   Jorge Newbery: Yeah, it's very motivating to hit big targets. Again, there's a tension between you want to make money, but you also want to deliver a very favorable resolution to the homeowners. We make everything formulaic, so I think our returns don't come from ... They come from creating efficiencies in resolving these, and speed/urgency in resolving these, and trying to minimize legal fees, and other expenses in getting these resolved. When we do that, that's when we generate the big returns.   Eve Picker: Wow! That's quite a story. So, by the time you've raised all three funds, how many mortgages will you have purchased?   Jorge Newbery: That's a good question. Right now, I think we're right around 10,000. I think we will certainly ... If we do all three funds, it should hit 30,000-plus. Of the current funds- I mean, in future funds, and our current fund, our AHP Servicing Fund, we can buy mortgage-servicing rights. We haven't done that yet, partially because we're still waiting on getting our government approval for our service. We did get, recently, approval from the Veteran's Administration to service VA loans. We're working on getting our FHA, Fannie Mae, and Freddie Mac approvals.   Jorge Newbery: Once we have those, we can buy mortgage-servicing rights, which actually, we'd spend a lot less money per loan, for the ability to service that loan. But then, we can service it with our homeowner-friendly strategies, which will, I think, touch a lot more homeowners, so we will ... Actually, the amount of loans that we will own, or service will expand- it could be much, much more than that. I don't have a number yet, but I think, as we start seeing- buying those rights, and then, also, we're servicing now for third parties, so other people that own mortgages that-   Eve Picker: Oh, really?   Jorge Newbery: Yeah. We see that as another way we can impact a lot of homeowners and do what we've been doing, but for other people who own mortgages and are also kind of ... See, it's funny, and I think you may have experienced this in your undertakings, as well. Oftentimes, people interpret socially responsible, or social impact as meaning, "Okay, I get the benefit of doing something good for society, but I have to take a lower financial return." I think, at least in our business, we've demonstrated that you can actually achieve both a solid, oftentimes above-market financial return, and you're also doing the right thing. They're not mutually exclusive. I think other investors now see that, that own these loans, and we can help them in their interactions with the homeowners if they service with us.   Eve Picker: So, then, do you believe that most of your investors are investing because they're making an impact or because of your solid returns?   Jorge Newbery: That's a really good question. I think it's a mix. There's definitely people who are attracted by the financial returns, but there's others who are investing ... The draw is the social impact. Since we've been able to marry the two, I think it's been a ... They don't have to compromise their ... I think, so many times, social impact investors feel the need, upon occasion, to compromise their financial returns because it has a good result. That's certainly understandable, but when you can deliver both, I think that makes it very compelling.   Eve Picker: That's pretty fabulous. Going back to the beginning of this story, I'm just wondering if you could have built this business with bank loans instead of crowdfunding investment?   Jorge Newbery: I don't think so. We're still doing it. I think we qualified for some ... We financed. We've done some financing here and there. Usually it's only for a short term, like we committed to a deal that's bigger than we have- that we're raising capital, and we need to close it by year end, or month end, or something like that-   Eve Picker: A bridge loan, right?   Jorge Newbery: Yeah. We'll borrow, but it hasn't been for long periods yet. Over time ... We've talked to Wall Street investors, or I should say not ... Wall Street institutional potential partners and, for this space, for non-performing loans, they're most interested when the scale is bigger, and we're talking $100 million. We're just not there yet. Over time, I think we will have more institutional capital in here, and we blend that with the equity that we've-   Eve Picker: But Jorge, by then, maybe you'll have such a big crowd of investors, you still won't need them.   Jorge Newbery: Ha. Maybe. We'll see. I guess the attraction is we can get institutional money. Sometimes, you can get it at even lower returns than what we're paying our investors. So, maybe ... It'll make us more competitive on some of the larger transactions, but you're right.   Eve Picker: Yeah, yeah. That's what I hope for. Going back even further, you had this portfolio that was hit by an ice storm, but what's your background? What got you into all of this?   Jorge Newbery: I started as a loan officer almost ... In 1990, so, a long time ago, my first job was answering phones for a loan originator, and I had- that was my first exposure to real estate. Before that, I raced bicycles, and I had a GED, so my options were limited ... I was 25, and my main source of revenue was bike racing, so I needed to get a real job. One of my teammate's girlfriends helped me get the job at the loan company, and that was kind of the start.   Jorge Newbery: A couple years later, I started my own mortgage company, and then I started buying properties. It kind of evolved into buying and doing ... I'll share a strategy, though, that's been a consistent, as I've learned, and it's still what we do today. I always buy what other people don't want. When I first started in real estate, we would do loans that other people wouldn't make. Then, I started buying properties that others didn't want. These would be mostly because they were in less desirable areas, neighborhoods; maybe challenged properties that were maybe the target of- had been vandalized or were a blight on the community.   Jorge Newbery: I found that you could achieve a good social impact, when you remedied whatever the problems were, and you could also make money doing it, and that was rewarding to me. I always like a challenge ... The bigger the challenge, some people say, "Oh, this can't be done," and it's kind of like, "Okay, well, I've got to prove them wrong." Even today, Wall Street does not like to buy the loans that we like to buy, which is those secure- in low-, to moderate-income neighborhoods. Our average home value that we buy is $40-some-000, and that's just Wall Street ... They'll say, "Hey, congratulations, Jorge, you just made $6,000 on that deal." It doesn't mean anything to them, but for us, we make $6,000 on 100 loans or 1,000 loans, and it's like, wait, now we have a business. We buy what others don't want, and that's, I think, where there's some success.   Jorge Newbery: Today, we're working on a deal right now to buy the debt on three churches. These are three churches in kind of low- serving low-, to moderate-income neighborhoods. It's another opportunity for us to buy the debt. No one wants to foreclose on a church, including us, so our goal will be to make those loans affordable for the churches so they can continue operating. 90-percent-plus of what we buy is loans secured by homes, but when we see these opportunities ... No one wants to buy that stuff, so we'll buy it. We'll buy it at a substantial discount, and we can add value by working directly with the church to get the loans back on track.   Eve Picker: I think, as I'm listening to you, I'm realizing this is like ... I've been talking to a lot of different people about different ploys around how to fix the affordable housing crisis. This is such an effective one because it's keeping affordable housing; actually making it more affordable for people who really need it without actually building anything. Pretty dramatic impact, I would say.   Jorge Newbery: Yeah, the housing is there; it's just making it affordable and keeping people in it. So many people in the last housing boom, you know, in the early 2000s, took out big loans. Then, when the values crashed ... Unfortunately, these neighborhoods have not recovered. To a large extent, whereas the rest of the country has recovered, the only segment of the market where values have continued to deteriorate is those secured- those mortgages, or those homes whose values are $50,000 and less.   Jorge Newbery: There's a number of reasons for it. A primary one is Dodd-Frank. Dodd-Frank was a well-intentioned bill, but it really strangled new-mortgage capital from going into these neighborhoods, which basically, they made they made some very tight constraints on what could be charged to originate a loan in these neighborhoods, or everywhere. But, when you get a loan of $50,000 and you can only charge five percent, and that includes a lot of the fixed costs, it's just no loan agent, no mortgage company [crosstalk] No one wants to do it. You're working for very little, so why not spend your time on a higher-value mortgage?   Jorge Newbery: That's made it so that most of the properties that are sold in these lower-value neighborhoods get sold for cash. Most owner-occupants don't have cash, so then, you end up being sold to investors who rent them out and then, it's majority rentals. Then, the banks ... A lot of mortgage holders say, "Hey, it's not even worth it to foreclose," and then you have all these homes that are sitting there with $100,000 mortgages that are vacant, getting vandalized, and deteriorated, and are now only worth $10,000 or $20,000, which eventually, they get foreclosed on; they get sold to investors. It's really left behind a whole segment of our population, at least real estate-wise, and, I think, a driver in the widening wealth and income gaps in our country.   Eve Picker: So, in the work that you do, you're working in neighborhoods where people must be pretty angry. I'm wondering what sort of community engagement tools work for you?   Jorge Newbery: You know, we have a very simple one, which we started in  ... Eight years ago. Especially at this point, so many of these ... To your point, so many families who are struggling in these neighborhoods have already had overtures from Bank of America, Chase; whoever has owned their mortgage before us. They've said, "Oh, we could do a modification. We can do this. We can do that." Then, when they go through the process, they're oftentimes left disappointed. Bank of America will want the last year's tax returns, bank statements, paycheck stubs [crosstalk] all this stuff. Sometimes, people are working, you know, doing babysitting, or helping ... Their income is untraditional, in some cases. That goes for all segments of society, but for some of these families, where, "Hey, I run daycare," but, "Oh, we need your daycare license." "Well, I take care of friends' and family's kids ..." There's things- they just don't qualify, and there's no real ...   Jorge Newbery: With these families, now they come to us, and they explain what the situation is. It makes sense to us, and we do it. It's not like- we're not bound by some criteria that a lot of the big banks are, and I think that's given us a big advantage. But to reach them ... Now, we own their mortgage, so, of course, they're thinking we're the bad guy. But we send a letter - one-page letter - that says, "We just bought your mortgage. Great news. Here are three options. If you want to stay in your home, we will accept $2,000 to satisfy your delinquency," which oftentimes is $20,000 or $30,000. "You pay us $2,000, you're completely up to date. Your existing mortgage payment is, for instance, $800. We will drop it to $500." That's option number one. That's a modification.   Jorge Newbery: Number two, "If you don't want to stay in your home, or you've already moved out, we will pay you $1,000, and you sign a deed in lieu to us, and we'll forgive the rest of the mortgage." The third option is, "If you want to settle your loan for a lump sum, then we will accept this amount," and we give them the actual amount. So, let's say they owe $100,000; the property's worth $50,000, and we bought the loan for $20,000 or $25,000. We'll probably say we'll settle it for $45,000.   Jorge Newbery: Those are the three options. It's very simple. If you call, and you say, "I want to do any of these options," we're bound to it. We're going to take it. We have people ... It's so simple. We're not asking for tax returns, bank statements, any of that kind of stuff. People literally call in and say, "Yeah, I got your letter. I want to do option number two." They've already decided that this is [crosstalk]   Eve Picker: I would've thought you'd need someone answering the phone to questions, like, "Is this for real?"   Jorge Newbery: Yeah, well, that ... After, we get over that ... Sometimes, then, we do get those questions, definitely. "Is this for real? Is this a scam?" We get all those questions. [inaudible] we have to give them the assignment that we got from their lender, but oftentimes, we would direct them online. They can Google us and see that we're really who we say we are. Yeah, it works ... I mean, it's so simple, and it's funny, we've been doing this for years, and no one else is still ... I thought, "Oh, this is our secret sauce. Someone else is going to steal it," but no one's stolen it ... They're all so rigid, the other lenders, and they're set in their ways. It's amazing that this is such a ... You can simplify things. I imagine it'll work for all stratas. We primarily do loans in low-, to moderate-income neighborhoods. That's what we buy in those neighborhoods, but in higher-income neighborhoods, I imagine they would also appreciate the simplicity, but still, everybody else still does it ... "We want tax returns, bank statements, all that stuff." That's just- it's a hassle. It's like a big block [crosstalk]   Eve Picker: It's a lot of work-   Jorge Newbery: It is.   Eve Picker: I mean, if someone's got two or three jobs to make ends meet, they're just not going to get it together-.   Jorge Newbery: Exactly.   Eve Picker: Yeah. I can barely get it together.   Jorge Newbery: I know! Whenever somebody asks for my tax ... It's not that tough to get it, but it's like, "Aww, okay, let me dig them out." Then you send them, and then, "Oh, I want a paycheck stub," and then you want this and that ... It's crazy. The banks will actually ask these families who've been struggling, they'll say, "Oh, we need a hardship letter to say why you fell behind on your mortgage." Then, it's like you're getting graded on this thing. Just, just ... They're behind. I mean, they lost their job; there was a divorce; a death in the family; an unexpected medical expense; any of these reasons. But does it really matter? They're behind ... People don't fall behind. No one wants that. Everyone wants to pay their bills, and be on time, and not have- to go on and focus on other parts of their lives. They don't want to fall behind, so you don't have to shame them. I feel like some of the banks almost ... The process they go through, it's almost like they shame them for falling behind. It wasn't something people wanted to do.   Eve Picker: Yeah. Wow! So, you found this little corner here; actually, a really big corner. What's next? I'm sure you're ... I've gotta believe you're thinking about other things.   Jorge Newbery: Two years ago, we started our AHP Servicing, and it actually went operational just over a year ago. Now, we service our own loans. That's new. We always used to have to rely on a servicer. We're doing a couple of things now that ... That's, I think, our big step forward. What we want to do is to get government approval to service government-backed loans. That's a market that we haven't had too much exposure to, but we think we could do a lot of good. A lot of people, the VA and FHA loans, for instance, are oftentimes in our target neighborhoods, and they're struggling, so we think we can help a lot of these families once we have those designations.   Eve Picker: Is that hard to get that approval?   Jorge Newbery: It's a little bit of work. It feels like applying for a modification at a bank. No offense to FHA and VA, but it does. They're asking for all these documents; these explanations ... We're getting through it. We got VA done, and now, we're working on FHA. But, yeah, it is a lot of work. I guess it's, they want to know who you are. They want to make sure you have all your licenses, and all your credentials, and all your bonds, and everything like that - everything lined up. So, totally understandable, but it does ... It's not the funnest process.   Eve Picker: Okay, well, I'm going to go back to big picture a little bit and just to ask you, where do you think the future of real estate impact investing lies?   Jorge Newbery: Well, I know where the need is, so I guess the future will lie in solving the need. But, as you and I have talked before, housing is as unaffordable for a huge chunk of America, and that has to ... We have to remedy that. I don't know if ... There's all kinds of remedies for that, but that needs to be fixed, and we can't ... In these low-, to moderate-income neighborhoods, and I can think of locally- I'm in Chicago, so South Side Chicago, West Side Chicago, there's definitely some of those communities in those areas need help; and East Cleveland needs help.   Jorge Newbery: There's homes out there selling for $20,000, which seems ... Well, that could be affordable. If someone had a mortgage on a $20,000 home, that payment's going to be a couple hundred dollars or something like that; very, very affordable. But no one's providing financing for those loans. Then, investors come in. They buy them, they do a little fix up, and they rent them out. That's not rebuilding the community. It's helpful that somebody is at least occupying the home, but it would be nice if you'd get more homeowners into, through financing, to stay, and move into, and own homes in these lower-income neighborhoods. That has to happen. It can't stay as is. It's just going to get worse.   Jorge Newbery: This is what happens right now is somebody who decides, "I want to buy a home," and they go to a loan officer; "Hey, I want to buy this $40,000 home." The loan officers say, "I just can't finance it. Why don't you buy a home that's maybe $80,000 in this slightly more expensive neighborhood, and we can finance that?" Then, the people that can buy homes, now they're buying homes in the slightly more expensive neighborhoods, and these really affordable neighborhoods are just getting more and more abandoned. That has to stop.   Jorge Newbery: We're doing what we can because we're buying a lot ... A lot of our loans are secured by homes in those areas. But there needs to be a solution to that - the inability, or unwillingness, or really the legislation that created the inability for, or the undesirability for lenders to loan in low-, to moderate-income neighborhoods. It's almost redlining, except, it isn't redlining. It's just, "Hey, we don't make any money doing it, so we're not going to do it." I guess it's hard to argue with that, but that has to change.   Eve Picker: Interesting. Yeah, it does have to change. That's really interesting. I wonder if you could do a huge Reg A raise and simply provide mortgages-   Jorge Newbery: Believe me, it's crossed my mind. I mean, the thing is, we have to ... We'd  have to do a Reg A that would be ... Then, you want to provide the rate; you want to provide really affordable rates, or at least market rates - five percent or something like that. So, you'd have to pay the investors-   Eve Picker: Less. I've thought about this-   Jorge Newbery: Yes, and that becomes less desirable.   Eve Picker: I've thought about this a lot too, because we see on Small Change, a lot of people coming to us with new, larger affordable housing projects. Of course, to keep them affordable means that they're subsidized and that they really can't provide much in the way of return. I've thought a lot about who's out there who would invest in that? There would have to be people who invest in that. The interesting thing to me was the little project L.A. Bungalow Gardens that was on our site, which is only eight- actually eight units for formerly homeless people, raised money faster than anything else on our site did. I'm pretty sure it wasn't because of the return. So, someone has to have the guts to test it.   Jorge Newbery: Yeah. Out of curiosity, what was the return?   Eve Picker: They actually offered nine percent, which was very nice [crosstalk]   Jorge Newbery: Yeah, that is-   Eve Picker: -because they're keeping it ... The asset value is not going to increase. It is going to be set as affordable housing for the next 15 years. So, it's really- its preferred return is almost like an interest on debt. You and I should talk about this offline.   Jorge Newbery: Yeah, agreed. It's a problem that needs to be solved ... I guess that would test the willingness for ...  You're going to pull out the ... The investors who are investing in some of these crowdfunding opportunities that both of us are involved in, purely for the financial returns, would probably fall to the wayside. So, it's going to really test the ones that are really socially driven and are willing to take a reduced financial return. Can that be done on that scale? I don't know.   Eve Picker: Yeah, and that's going ... Someone has to test that, and ... Let's talk.   Jorge Newbery: Yeah ... Think about that. Just [inaudible] gives us an interesting challenge. If you did a Regulation A+, it's going to $75,000 in legal fees, and accounting to get there. Then, you go to market, and oops ... I go into market at three percent and it just wasn't- the market wasn't there. That would be challenging. So, I don't know. It would be nice to do it on- test on a small scale and see [crosstalk]   Eve Picker: Isn't there an attorney out there who's listening who would do this pro bono for us? [crosstalk]   Jorge Newbery: Maybe. Let's hope so.   Eve Picker: -there's enough who would help us do this offering pro bono, and then we could all take a deferred payment later, when we're successful.   Jorge Newbery: That may be the case, or maybe that's necessary.   Eve Picker: I've got a platform.   Jorge Newbery: Yeah, exactly.   Eve Picker: Let's talk about it.   Jorge Newbery: Yeah, absolutely. It's an interesting ... Certainly, any of your listenership if you have ideas, contact Eve!   Eve Picker: Yeah. So, now, I'm completely derailed ... I do have a couple of wrap-up questions for you and then, and then we'll all wrap up. What do you think is the key factor that makes a real estate project impactful just to you?   Jorge Newbery: Has to solve a real problem and a real need. I think that's the key factor. In any business, in any undertaking, it needs to be a real problem that you're solving, and there's plenty of problems in this country to solve.   Eve Picker: Okay, and the second question, because I ask everyone these three questions, is how can involving investors through crowdfunding benefit a real estate developer beyond just raising money for them?   Jorge Newbery: You get a lot of people rooting for you that now have a financial interest. So, now, they want to see you perform. They want to see you succeed. It's not just you, or you, and your bank, or you, and your one big investor. Now, there's a whole crowd saying, "I want Small Change to win. I want this project to win. I want this project that I invested $500 hours in that's helping the homeless in L.A. that you mentioned, I want that project to win." You have a lot of community members and just people that are out there cheering for you ... They've done it with their money, but they're out there on the sidelines rooting for you. I think that's helpful. Certainly, if you were to ask investors ... Our investors will sometimes volunteer, "Hey, what about this? What about that? Have you thought about this?" They're doing that ... Some of them would probably do it just because they want to be helpful, but because they have a vested interest in your success, I think you get more of that.   Eve Picker: Yes. Finally, if there was one thing that you would improve about real estate in the U.S., what would that be?   Jorge Newbery: We touched on it - the affordability for the every man, and especially those that are of modest means. That has to change. I drive through ... I was in Austin a few weeks ago; a massive number of homeless. I think it has the third largest homeless population in the country.   Eve Picker: Oh, really?   Jorge Newbery: Austin, L.A., San Francisco. Chicago, for that matter. It's really cold right now, so, if I were homeless, I'd have probably migrated out of Chicago because it's just so cold sometimes, but .... Some of those, Texas, California ... I'm sure it's everywhere, but that ... To be as powerful and wealthy of a nation as we are and have so many people on the fringes who are not surviving, that's not ... I don't look at it as their fault. I think that's our fault. That's society's fault. We need to  build a better society so that doesn't happen.   Eve Picker: Yes, I agree. So, on that note, we're going to say goodbye and thank you very much for joining me.   Jorge Newbery: Thanks, Eve.   Eve Picker: That was Jorge Newbery. If anyone else is trying to recover from a $26 million loss, they'll likely get a few pointers from Jorge. He did not file for bankruptcy when financial disaster struck. Instead, he painstakingly worked his way through resolving his debt. Then, he rebuilt his life on what he learned. To date, 10,000 homeowners have benefited from Jorge's life lessons and his good heart.   You can find out more about impact real estate investing and access the show notes for today's episode at my website, EvePicker.com. While you're there, sign up for my newsletter to find out more about how to make money in real estate while building better cities. Thank you so much for spending your time with me today, and thank you, Jorge, for sharing your thoughts with us. We'll talk again soon, but for now, this is Eve Picker signing off to go make some change.  

Multifamily Risk and Reward balance most of the time, unless you are Jorge Newbery. Jorge Newbery, is a high school dropout with more drive and focus than most successful real estate investors.  His drive for success has led him to create multiple successful companies and amazing success.   Entrepreneurial Before the age of 25 and prior to investing in real estate, Jorge had several entrepreneurial endeavors.   He purchased a refrigerated tricycle and pedaled through his neighborhood selling ice cream to the neighbors.   He became a record producer for hardcore punk bands in the Los Angeles, CA. Olympic Cyclist: He competed in an Olympic trials for a chance to go to the Olympics.   Real Estate Mortgage Broker - worked to become the top representative in one company, then started a successful mortgage brokerage. Multifamily Risk and Reward  In 1992, Jorge recognized the opportunity in undervalued real estate based on all the loans he had been making to his clients.  So, he purchased his first investment property, a 4 plex. Like his prior entrepreneurial endeavors he did not stop with a 4 plex.  Subsequently, he purchased a 19, 50 and a 298 unit property all in Southern California. The properties Jorge was purchasing were the most challenged properties available.  This was because he recognized he could most positively add value in these unwanted, undervalued properties.   There were some hiccups along the way, like the time when he was sited for 32 housing code violations and the threat of jail.  Fortunately, his prior work and reputation was recognized by the authorities, and jail time was avoided.   When he sold his Los Angeles multifamily properties, he had a proven value add system, over $1,000,000 in profit and a sense that he was unstoppable.   More Risk More Reward After his success in Los Angeles, Jorge turned his sites towards the Midwest in search of more risk and reward.  His search led him to Pickwick Plaza Apartments in Kansas City, MO. The 233 unit property was distressed, and for Jorge, this was another opportunity.  The purchase price was $1.6 M and he put another $1.5M into the value add rehab. Upon the renovation completion, the property appraised for $8M, which allowed Jorge to refinance, take some cash and find another property.   When he traveled to these locations, rather than rent a hotel room when he visited his properties, Jorge would take up residency in one of the property’s vacant units.  Because he was buying such rough properties, this made him intimately aware of the living conditions residents were experiencing. Sometimes, the local press picked up on this and would publish stories about how the out of town owner was moving in with the residents of the roughest property in town.  Success breeds confidence.  Jorge had successfully turned multiple rough properties into handsome profits.  His track record attracted bigger challenges and capital to do the next big challenge.  BIGGEST Challenge Looking for the next big challenge, Jorge was led to Columbus, OH.  There he found an 1,100 unit property named, Woodland Meadows, aka Uzi Alley due to the gang activity.  He purchased the property at auction for $13.5 M and promptly moved in.  The property had its own onsite armed security patrol with a jail.  The security patrol was all white and the residents were primarily minority.  When Jorge saw the jail with a tenant locked up, his first act was to release the tenant.  Soon after, he closed the jail, terminated the security force, and assembled his own unarmed Community Patrol made up of Jorge, his managers and paid volunteer residents.   The Transformation  Originally, the property was built as workforce housing.  When Jorge acquired the property, over 40% of residents received Section 8 vouchers.  Many unemployed residents with lots of time on their hands On patrol, it was common to find a large group of intimidating teenagers gathered on a street corner.  Pizza delivery drivers refused to deliver in the community due to safety concerns. The Community Patrol would ask the group to leave.  Ultimately the kids would leave one corner and move to another corner. The frequent inner actions with the teenage residents let the teens to ask Jorge for jobs.  Jobs for Residents The continuous request for jobs made Jorge ask his contractors, if there a way to train the kids and put them to work?  He was spending millions of dollars to rehab the property, and the contractors had more than enough work. The contractors agreed to put a training course together for the residents.  For residents wanting jobs, the contractors training course taught basic skills needed to work in construction.  The opportunity for the residents was this: If they showed up everyday on time and did not miss any of the training for two weeks, at the end of two weeks, they would get jobs. The first class had three participants.  After the two weeks, the three trainees had jobs.  Word of the jobs for trainees quickly traveled through the community.  The next class had 40+ trainees. The transformation was incredible to see.  At first the trainees would show up dressed with their pants falling off. Within a few days, trainees started showing up dressed like they were going to church.  They really wanted to learn and wanted the jobs.   Change from Residents The residents wanted change.  Once they were employed in the community, they took pride in their work and community.  They self policed, the community, and if someone wanted to harm their community, employed resident would actively discourage the would be trouble maker.  Community pride was contagious.   Jorge was able to prove that by providing training and jobs to local residents, he created responsible citizens.  Instead of paying the outside contractors money that they took home to their neighborhood, the tenants received training and compensation for the work they did to improve their community.  The work gave the residents money so that they could pay their rent. Some of the trainee graduates went onto create their own businesses that are still in business today. Pizza Delivery Drivers were no longer afraid to deliver pizza  Now he had a value add formula on how to turn around the biggest challenge he could find.  Not only was he changing the property, but he was changing lives.   By December 2004, the property renovation was complete and occupancy had increased to 80%.   Disaster Strikes Christmas Eve 2004 an ice storm struck Collumbus, Ohio.  Trees & power poles were knocked down, and power was out for all of Woodland Meadows.  With no power, the electric boilers were unable to generate heat. For four days, the temperature was below 0 degrees and the water in the pipes froze.  When the power came back on, it was clear that things were out of sorts. As the temperature rose, the frozen pipes thawed. Water started pouring through cracked pipes, into the apartments. Insurance Realizing the damage caused would need a lot of money to fix, Jorge called his insurance company to see what help his policy could provide.  The adjuster made a quick inspection of the property, and returned to his office. A couple of days later, the adjuster called to say, “you are not covered.  The damage was caused by your boilers. You do not have boiler coverage, and you are not covered.” Jorge’s attorney explained that on large claims, insurance companies often will use a strategy of delaying payment in an effort to force the claimant to settle for a reduced amount of money rather than the amount provided by the insurance company.  Jorge knew he had coverage and thought the insurance company would eventually pay the claim.  Rather than wait until they paid, he elected to borrow against the equity in his other properties for some cash to pay for the repairs needed at Woodland Meadows.  He figured that when he received the insurance settlement, he would pay off the loans.  After a couple months of trying to work with the insurance company to resolve the claim and their refusal to pay, left Jorge with no option but to sue his insurance company.  By August 2005, Jorge was running out of money. He had over 200 people working everyday to repair the damage. To preserve cash, he reduced his labor body count from 200 to 20.   Then the city representatives visited the property asking, “why progress is slowing down?”   The City The City, unbeknownst to Jorge, had decided that they wanted to acquire Woodland Meadows.  When the city visited in August, they sensed Jorge was at his breaking point, and they acted.  In an effort to acquire the property, they notify Jorge that he has 3 days to evacuate the property.   The city claimed that a prior owner had made a construction shortcut and given that the buildings had filled with water, the buildings were imminent danger of collapse.  Jorge hired an engineer to inspect the buildings, and he found no such evidence of danger of collapse.   The court awarded Jorge a temporary restraining order against the city of Columbus and 6 months to complete the repairs.  Jorge then authorized his attorney to make the best deal with the insurance company to collect money and get the repairs made.   The damage was estimated at $45 million.  The insurance company settled for $32 million and work was back on schedule.   HUD When the city was unable to acquire the property under the false claim of imminent danger, they notified HUD of the conditions at the property.  Under HUD guidelines, property owners receiving Section 8 income are required to maintain properties to a certain standard. Due to the damage caused by the ice storm, Woodland Meadows was below the standard. HUD notified Jorge that he had 30 days to complete the repairs, or lose the funding for his Section 8 tenants.  Jorge appealed to the local municipal court who requested HUD show up in court, but HUD refused stating that they are a Federal Agency and not bound by municipal courts. Thirty days later, HUD returned to the property and terminated contracts worth $200,000 per month in rent.  The loss of rent forced Jorge to accept the gravity of the situation and surrender. Six months later the property was evacuated by the City of Columbus.  Since then, all of the buildings have been demolished and a new high school has been built on the site. Hindsight Hindsight is always 20/20.  Had Jorge understood the city’s desire to acquire the property, he believes he would have acted differently.  In the city’s efforts to acquire the property, they had offered to help him acquire a different property. If he had accepted, he could have then taken a reduced settlement from the insurance company and moved on.  Could a, should a, would a, didn’t.   Unfortunately, Jorge saw a problem that needed a solution.  He acted in the way he believed was best to fix the problem. Out from Under the Loan In order to get the money he needed to fix Woodlawn Meadows, Jorge got loans against his other properties and signed as a personal guarantor.  This had never been a concern in the past, because nothing had ever gone wrong. However, this time was different.   Creditors pursued Jorge personally for the outstanding loans.  When he could not pay, the lenders pursued foreclosure on the properties.   At the foreclosure auction, the bank bought the Kansas City property for what was owed on the first position lean.    Jorge’s experience as a mortgage broker made him realize that when the bank foreclosed on the property, the second position loans were extinguished.  This meant that the second loan against the Kansas City property which was used to purchase the Oklahoma City property meant that the OK property free and clear.     Debt Cleanse This foreclosure experience caused Jorge to review all of his loans, where he found multiple mistakes, from minimal to egregious.  These mistakes provided leverage for him to negotiate more favorable settlements with his lenders. In one case, the bank ended up paying him to settle the debt. Shortly after this chapter in Jorge’s life, the Great Recession struck.  Jorge recognized that millions of Americans needed help negotiating settlements with their banks.  Jorge then started Debt Cleanse, to help others in need, find the errors in their loans in order to negotiate better settlements with their lender.    BIGGEST RISK  Each week I ask my guest, “What is the Biggest Risk Real Estate Investors face?”   BIGGEST RISK:  To not learn from the past. And so that would be for me to look at my own past and the past of others and see what has happened, how they navigated it and, whether it makes sense to, or how that should influence my actions today. And I'll give you a real life example, is that you know the market. I've been through a couple of downturns in the real estate market and towards the end of every up cycle is like today. Today there are the lenders are, freely giving out money. It's very easy to qualify. They have these, you know, kind of almost subprime loans called non QM loans, and things have gotten very easy and that happens every time. At the top of the market that the money is free flowing, the pricing gets expensive, everything gets really competitive. I'm trying to buy loans and other people coming up with money pay more than me, And they could be the winner of the bid. But really, time will tell whether they're the winner, the loser. So today, I think the biggest risk today is ignoring the past and the fact that we are probably in a very overheated real estate market and just overheated economy, which is likely to turn down very turn down in the near future. It's hard to say exactly when it happens, but now would be the time to take some chips off the table and avoid or at least minimize that risk. For more go to: Website: DebtCleanse: https://debtcleanse.com/ Book: Burn Zones https://ahpservicing.com/

Darrin: Jorge Newberry, what is the BIGGEST RISK?  Jorge: To not learn from the past. And so that would be for me to look at my own past and the past of others and see what has happened, how they navigated it and, whether it makes sense to, or how that should influence my actions today. And I'll give you a real life example, is that you know the market. I've been through a couple of downturns in the real estate market and towards the end of every up cycle is like today. Today there are the lenders are, freely giving out money. It's very easy to qualify. They have these, you know, kind of almost subprime loans called non QM loans, and things have gotten very easy and that happens every time. At the top of the market that the money is free flowing, the pricing gets expensive, everything gets really competitive. I'm trying to buy loans and other people coming up with money pay more than me, And they could be the winner of the bid. But really, time will tell whether they're the winner, the loser. So today, I think the biggest risk today is ignoring the past and the fact that we are probably in a very overheated real estate market and just overheated economy, which is likely to turn down very turn down in the near future. It's hard to say exactly when it happens, but now would be the time to take some chips off the table and avoid or at least minimize that risk.

In this episode, we dive deep into a fresh topic on this podcast – note investing. Learning from an expert, we have the Founder and CEO of Debt Cleanse Group Legal Services, Jorge Newbery. Jorge guides us to understand note investing deeper by talking about buying at a discount, making a return on the note, and creating a good deal flow in this market. Recognizing the challenge of finding good notes, Jorge talks about the importance of building relationships with note sellers and shares some things to keep in check between the interaction of the note holder and the property owner. Jorge also talks about the time commitment that is required for passive investing and mastering note investing.Love the show? Subscribe, rate, review, and share!Here’s How »Join the Passive Wealth Strategies community today:passivewealthstrategy.com

Jason Hartman talks with Jorge Newbery, founder and CEO of Debt Cleanse, founder of American Homeowner Preservation and author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about how he was able to climb out of a $26 million hole and how others can follow in his footsteps. This isn't about cheating your way out of debt, it's about using the same rights that creditors have because you need to protect yourself from predatory lending practices. Key Takeaways: [2:32] Debt may seem simple, but it's a lot more nuanced that you'd first believe [4:17] If you can't afford your debts, the best thing you can do is to stop paying them [7:29] How Jorge got started paying off his $26 million debt [10:06] What kind of errors you should be looking for from your lendors [15:56] The elite have often used debt as a way to enslave the lower classes Website: www.DebtCleanse.com Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar

· Biografía Jorge Newbery.· Por Fernando Mele.· Programa: Civilización y Barbarie.· Radio: La Redonda. FM 100.3.· Año: 2017.· La Plata, Buenos Aires, Argentina. 

Debt is like a lethal weapon. It can be used for good and it can be used for greed. It can be used to create wealth and it can be used to destroy it. In short, debt is nothing more than a tool. The problem is that a fool with a tool is still a […] The post 163: When Bad Debt Happens to Good People with Jorge Newbery appeared first on Wealth Formula.

Sometimes your mission in life unfolds after a misfortune takes place. Jorge Newbery, the founder of Debt Cleanse Group Legal Services, shares his $26-million debt story. Jorge takes us back to the time he started to become a real estate entrepreneur focusing on buying a distressed property and turning them around. On Christmas eve of […]

Jason Hartman talks with Jorge Newbery, founder and CEO of Debt Cleanse, founder of American Homeowner Preservation and author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about how he was able to climb out of a $26 million hole and how others can follow in his footsteps. This isn't about cheating your way out of debt, it's about using the same rights that creditors have because you need to protect yourself from predatory lending practices. Key Takeaways: [2:32] Debt may seem simple, but it's a lot more nuanced that you'd first believe [4:17] If you can't afford your debts, the best thing you can do is to stop paying them [7:29] How Jorge got started paying off his $26 million debt [10:06] What kind of errors you should be looking for from your lendors [15:56] The elite have often used debt as a way to enslave the lower classes Website: www.DebtCleanse.com Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar

Jason Hartman talks with Jorge Newbery, founder and CEO of Debt Cleanse, founder of American Homeowner Preservation and author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about how he was able to climb out of a $26 million hole and how others can follow in his footsteps. This isn't about cheating your way out of debt, it's about using the same rights that creditors have because you need to protect yourself from predatory lending practices. Key Takeaways: [2:47] Debt may seem simple, but it's a lot more nuanced that you'd first believe [4:32] If you can't afford your debts, the best thing you can do is to stop paying them [7:44] How Jorge got started paying off his $26 million debt [10:21] What kind of errors you should be looking for from your lendors [16:11] The elite have often used debt as a way to enslave the lower classes Website: www.DebtCleanse.com Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar

Jason Hartman brings you this episode from China with Venture Alliance Member Carmen. Jason describes how his visit to China is influencing his previously held thoughts about the country and how the looming asset shortage is a beautiful things for real estate investors. Then Jason talks with Jorge Newbery, founder and CEO of Debt Cleanse, founder of American Homeowner Preservation and author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about how he was able to climb out of a $26 million hole and how others can follow in his footsteps. This isn't about cheating your way out of debt, it's about using the same rights that creditors have because you need to protect yourself from predatory lending practices. Key Takeaways: [4:23] Jason got to visit the railroad station that was built to link North and South Korea in the future [7:54] 5 star in the US has nothing on 5 star in Asia [11:26] How Jason's visit to China has changed his views on the China economy [13:39] The looming asset shortage, and why it's good for real estate investors Jorge Newbery Interview: [18:57] Debt may seem simple, but it's a lot more nuanced that you'd first believe [20:42] If you can't afford your debts, the best thing you can do is to stop paying them [23:54] How Jorge got started paying off his $26 million debt [26:31] What kind of errors you should be looking for from your lendors [32:21] The elite have often used debt as a way to enslave the lower classes Website: www.DebtCleanse.com Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar

Jason Hartman brings you this episode from China with Venture Alliance Member Carmen. Jason describes how his visit to China is influencing his previously held thoughts about the country and how the looming asset shortage is a beautiful things for real estate investors. Then Jason talks with Jorge Newbery, founder and CEO of Debt Cleanse, founder of American Homeowner Preservation and author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about how he was able to climb out of a $26 million hole and how others can follow in his footsteps. This isn't about cheating your way out of debt, it's about using the same rights that creditors have because you need to protect yourself from predatory lending practices. Key Takeaways: [4:23] Jason got to visit the railroad station that was built to link North and South Korea in the future [7:54] 5 star in the US has nothing on 5 star in Asia [11:26] How Jason's visit to China has changed his views on the China economy [13:39] The looming asset shortage, and why it's good for real estate investors Jorge Newbery Interview: [18:57] Debt may seem simple, but it's a lot more nuanced that you'd first believe [20:42] If you can't afford your debts, the best thing you can do is to stop paying them [23:54] How Jorge got started paying off his $26 million debt [26:31] What kind of errors you should be looking for from your lendors [32:21] The elite have often used debt as a way to enslave the lower classes Website: www.DebtCleanse.com Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar

Are you in some debt or ever worry about if everything goes “belly-up?” Jorge Newberry started his investing career in the 90’s and found his trademark to be picking up distressed properties on fixing them. His optimism grew with his success, until he met his match with an 1,100 unit deal for a distressed property […]

Are you in some debt or ever worry about if everything goes “belly-up?” Jorge Newberry started his investing career in the 90’s and found his trademark to be picking up distressed properties on fixing them. His optimism grew with his success, until he met his match with an 1,100 unit deal for a distressed property known as “Uzi Alley.” Weeks after rehabbing the property a storm caused damages that his insurance refused to cover. Instead of cutting his losses, Jorge went “all-in” and eventually lost the property after accumulating $16 million in debt. Jorge is now slowly rebuilding and paying off that debt, sharing his wisdom and debt knowledge forward.

In this episode, Hall interviews Jorge Newbery of AHP Servicing, the world's first crowdfunded distressed mortgage platform.

Jason talks with Jorge Newbery, author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about fake news, erasing debt, the creation (and destruction) of bubbles, and what to do if you're in trouble with a loan. Key Takeaways: [1:52] How Jorge got into the real estate business, and was taken down by a single ice storm [6:12] The City of Columbus, OH wouldn't let Jorge's renovations pass inspections [10:22] A fake news story about Jorge being investigated turned the public against him and his renovations [14:39] Why Jason is okay with the strategic default practice, even as a lender himself [16:05] In his quest to erase his $26 million in debt, Jorge found an error that erased $5 million of it, which led to a startling revelation [20:05] Our whole society is set up to create massive bubbles that burst and allow the powers that be to buy assets for pennies on the dollar while we blame ourselves for the situation [22:11] The wealth concentration in our nation is becoming untenable [23:46] The #1 piece of advice for if you're in trouble with your loan Website: www.AHPFund.com www.DebtCleanse.com

Jorge owned over 4000 apartment units before losing it all. He wrote about that experience in his book, Burn Zones. Now Jorge helps people stay in their homes when they can’t afford their mortgages anymore through loan modifications. Jorge also helps other investors do the same thing as him. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: “We can cut payments in half because we buy theses at such a discount” - Jorge Newbery   Jorge Newbery Real Estate Background: - Founder of American Homeowner Preservation LLC - AHP utilizes Regulation A+ to crowdfund the purchase of non-performing mortgages from lenders at big discounts - Author of Forbes Real Estate Council and amazon best-selling book Burn Zones - Principal in mortgage, property management brokerage firms and have held real estate licenses in nine states - Based in Chicago, Illinois - Say hi to him at:   Join us and our online investor community:   Made Possible Because of Our Best Ever Sponsor: List and manage your property all from one platform with . Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to to get started today!

Jason talks with Jorge Newbery, author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about fake news, erasing debt, the creation (and destruction) of bubbles, and what to do if you're in trouble with a loan. Key Takeaways: [1:52] How Jorge got into the real estate business, and was taken down by a single ice storm [6:12] The City of Columbus, OH wouldn't let Jorge's renovations pass inspections [10:22] A fake news story about Jorge being investigated turned the public against him and his renovations [14:39] Why Jason is okay with the strategic default practice, even as a lender himself [16:05] In his quest to erase his $26 million in debt, Jorge found an error that erased $5 million of it, which led to a startling revelation [20:05] Our whole society is set up to create massive bubbles that burst and allow the powers that be to buy assets for pennies on the dollar while we blame ourselves for the situation [22:11] The wealth concentration in our nation is becoming untenable [23:46] The #1 piece of advice for if you're in trouble with your loan Website: www.AHPFund.com www.DebtCleanse.com

Jorge P. Newbery is Founder and CEO of American Homeowner Preservation LLC, which crowdfunds the purchase of nonperforming mortgages from lenders at big discounts, then provides sustainable solutions to help struggling homeowners. He authored Burn Zones, which shares how he built up a portfolio of over 4,000 apartments nationwide before a natural disaster devastated his largest complex. He lost everything and ended up $26 million in debt. Newbery rebuilt himself through AHP, sharing what he learned from his challenges to help families at risk of foreclosure stay in their homes. Topics discussed: Note Investing Loan Modification Foreclosure Links mentioned in this episode: [https://notebuyerbootcamp.com/] [https://ahpfund.com ] Self Directed Investors Network [https://www.meetup.com/SDI-Network/] [https://www.facebook.com/groups/SDINetwork/]

Crowdfunding has been around for a while, as early as 2003. In the early days, musicians and filmmakers were the main forces driving the industry.   However, recent years have shown it to be a truly viable source for funding creative and business projects alike.  Past campaigns have raised millions of dollars for everything from a smartwatch to video and board games, movies and now the acquisition of non-performing loans. Joining the podcast to discuss crowdfunding in the NPL space is Jorge Newbery, Founder and CEO of American Homeowner Preservation LLC or AHP.  AHP utilizes Regulation A+ to crowdfund the purchase of nonperforming mortgages then provides sustainable solutions to struggling homeowners. AHP's current 2015A+ fund has acquired over 2,500 first mortgages with principal balances of over $138 Million in less than 20 months; over 800 investors have supported this effort with as little as $100.  

The world today has created criminals that have become more and more sophisticated as crime has gotten harder due to security measures most people are using. Doors aren't left open any more, everything has an alarm on it, but people still don't protect EVERYTHING. Identity theft is a huge problem, and there are scams abound for people who are willing to sink to that level. Jason Hartman warns about some of the newer scams to hit the market. Also, don't forget to do your 5-year plan video or register for Meet the Masters! Then, Jason talks with Jorge Newbery, author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about Jorge's real estate journey, including having to fight against local government in an attempt not to lose an 1,100 unit apartment complex. Jorge at one point was $26 million in debt and has fought his way back and is set on helping those who need it most. Key Takeaways: Jason Intro: [3:09] Jason's thought on identity theft, which Jason considers the biggest crime in the world [5:57] One of the new telemarketer scams out there today [9:30] A story about how fractional lending actually stopped a man from being foreclosed on in the 60s [12:34] The 5-year plan videos are looking great! Jorge Newberry Interview: [20:26] How Jorge got into the real estate business, and was taken down by a single ice storm [24:46] The City of Columbus, OH wouldn't let Jorge's renovations pass inspections [28:56] A fake news story about Jorge being investigated turned the public against him and his renovations [33:13] Why Jason is okay with the strategic default practice, even as a lender himself [34:39] In his quest to erase his $26 million in debt, Jorge found an error that erased $5 million of it, which led to a startling revelation [38:39] Our whole society is set up to create massive bubbles that burst and allow the powers that be to buy assets for pennies on the dollar while we blame ourselves for the situation [40:45] The wealth concentration in our nation is becoming untenable [42:20] The #1 piece of advice for if you're in trouble with your loan Website: www.JasonHartman.com/Masters www.JasonHartman.com/Contest www.AHPFund.com www.DebtCleanse.com Over the course of time, it is in the interest of the banks, and the creditors, and the Fed...to create these bubbles.

If you think you’re in a tough spot, listen to Jorge’s story, or even better, read about it in his book Burn Zones. He lost it all and made a company inspired from that loss. American Homeowner Preservation buys distressed and non-performing notes, and works with the families to either stay in their homes, or get out from under them without foreclosure. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: Be patient, the markets are cyclical   Jorge Newbery Founder and CEO of American Homeowner Preservation LLC Utilizes Regulation A+ to crowdfund the purchase of nonperforming mortgages from banks at big discounts Accepts both accredited and non-accredited investors, and the minimum investment is just $100 After natural disaster in ‘04 left him $26M in debt and now helps others to rebuild after unaffordable debt Regular contributor to Huffington Post and Author of Burn Zones and Debt Cleanse Based in Chicago, Illinois Say hi to him at Best Ever Book: Fierce Conversations   Made Possible Because of Our Best Ever Sponsors: Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days. They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit to download your free negotiating guide today.

How do you give home owners in financial distress a way to relieve their mortgage woes? Jorge Newbery, Founder and CEO of American Homeowner Preservation, has some great options. In Episode 95 of Financial Poise Radio, he discusses many under-utilized methods that benefit both borrower and lender with host, Chris Cahill. You can learn more about Jorge Newbery and American Homeowner Preservation here. Or you can find him here: LinkedIn Twitter: @JorgePNewbery      About Jorge Newbery Jorge P. Newbery is on a mission to help Americans crushed by unaffordable debts. Jorge P. Newbery is Founder and CEO of American Homeowner Preservation LLC, which crowdfunds the purchase of nonperforming mortgages from banks at big discounts, then shares the discounts with struggling homeowners. A 2004 natural disaster triggered the financial collapse of Newbery's former business, leaving him with $26 million in debts he could not pay. Newbery rebuilt himself through AHP, sharing what he learned from his challenges to help families at risk of foreclosure stay in their homes. 

Welcome to the Future. It’s one thing to predict the future. It’s another to predict it THEN give actionable advice on how to take advantage of the prediction. In episode 2 of 4 of our , today’s Best Ever panel discusses the future of crowdfunding AND what you should do about it in order to grow your business. Let’s go! Best Ever Panelists: –        Jason Fritton, Co-Founder and CEO, –        Jorge Newbery, Founder and CEO, –        Steve Cinelli, Founder and CEO, –        Lew Feldman, Partner in Here’s the futuristic stuff you’ll discover in today’s episode… –        Bold predictions about the expansion of crowdfunding –        The two things that could kill all the crowdfunding momentum –        How states will help lead the way to new crowdfunding legislation –        The billion dollar lesson from the original crowdfunding platforms –        The rise of international investing and its implications And, if you didn’t hear listen to of this series that gives you answers to EVERY crowdfunding question then go check that out now! Want a treatski?? Unlock the Top Ten Answers to the Top Ten Questions asked about crowdfunding by downloading it for FREE here: This episode is bought to you by our Best Ever sponsor, . Could you do more deals if you had more money? Let the crowdfunding platform, Patch of Land, find investors for you and fund your next deal…and your next deal…and your next deal…and…well, just go find out more at 

Jorge Newbery, Founder and CEO, American Homeowner Preservation. On a mission to help Americans crushed by unaffordable debt. This Ex-Apartment investor talks about going $28 million dollars into the hole. This is quite honestly the most authentic and insightful interviews I have had this 2016… editing the podcast was like watching a freaking drama movie. 1) How much simple passive Cashflow are you making today and how are you doing it?(You don't need to give a number if you would like privacy. You can be vague such as halfway to quitting my job, cover my mortgage, Make 25% of my expenses, over $10k, although people like when people open up the kimono.)My wife and I put extra money in AHP. It’s in the low seven figures.2) What is your Han Solo moment - Han Solo and his buddy Chewbacca from Star Wars were cruising around the galaxy as lowlife smugglers but then cross paths with Luke and Leia and his life took a pivot point. Describe the resistance that was the catalyst for change. Always been an entrepreneur. My last regular job was 25 years ago as branch manager of a mortgage company. Even then, most of my earnings came from commission, so the smarter I worked, the more I made. Did you "burn the boats" or did you let it happen naturally - was there an internal (you decided to make a change on own – what was thought process?) or external trigger (ie got fired from your job)?3) Worst life/business moment what did you do after? Lesson learned?Shutdown of Woodland Meadows (my largest holding at 1100-units) and my subsequent financial collapse.Lessons: 1.The positive impact you can have on other lives is more important than accumulating cash. I use my Woodland Meadows experience to aid families struggling to avoid foreclosure. The best part is that AHP and our investors can also generate strong financial returns by doing so, which makes the effort sustainable and scalable. 2.Some risks you cannot anticipate.4) Current 2-week experiment and 6-month project? (90-180 day goal) A mark of a high performer is to put your ego aside and accept the help of others and mastermind maybe folks can help you by you asking.1.Next two weeks: complete improvements to ahpfund site in order to make investment process as easy and fast as possible. 2.Next six months: execute marketing campaign to raise 50MM on ahpfund.com. 5) What is your simple passive Cashflow number? Now imagine you had 2x that amount... Describe your ideal day, detailed routine, and what projects you are working on. Workout, work on higher-level growth of AHP (i.e. avoid getting involved in individual cases), spend time with friends and family. 6) Something that you have recently or thought about “burning your cash” on for time savings or an improvement in quantity of life. Outsource/delegate more of what I do to experts, so I can focus on what I do best and free up my most precious possession: time.7) Tony Robbins identifies two large concepts that we are continually struggling to gain perfection at: #1-Art of Fulfillment and #2-Science of Achievement. If you died tomorrow and I were to email this to your kids a couple decades later… this is what they would hear. a)What is your secret/hack for the "Science of Achievement?" How you do contribute back?Stay positive and upbeat even during challenging times. Embrace difficult periods and endure - the effort often gets easier. Greatness is typically preceded by surviving difficult times. b)What is your secret/hack for the "Art of Fulfillment?" Any secret habits to share?Strive for what you want, but allow yourself to be happy with what you have. 8) Anything we missed and contact info if you would like anyone to get a hold of you. URL?https://www.ahpfund.com/ See acast.com/privacy for privacy and opt-out information.

I have talked about Jorge Newbery several times on my show in the past. It has always been in the context of his 12 percent yield mind blowing fund. But little did I know that before that, Jorge was a real estate prodigy making literally millions of dollars from dilapidated, rejected, apartment buildings and resurrecting […] The post 028: The Story EVERY Real Estate Investor Must Hear! appeared first on Wealth Formula.

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

En 1981, Miguel regresa a la Argentina. Estas tomas son fruto de una volada velada en el barrio de Belgrano, en Jorge Newbery y Cabildo -donde yo vivía- con un microfono y un grabador a casete. Toda la falta de tecnología queda aquí superada por el ángel de Miguel Abuelo. Las voces que se escuchan de fondo son la de Jorge Pistocchi y la mía, que pasamos una tarde sensacional. Acompañan este disco, cuatro demos que por esa época realizaron Los Abuelos de la Nada y que les sirvió de entrada a lo que sería un grupo emblemático de los ochenta. La foto de este disco fue tomada por Hernán Roibon y fue la tapa del primer número de la revista Pan Caliente Ralph

Residential Real Estate Platforms at LendIt USA 2015 with Nav Athwal of RealtyShares; Brett Crosby, of PeerStreet; Christian Faes, of LendInvest; Jason Fritton, of Patch of Land; Matt Humphrey, of LendingHome; and moderator Jorge Newbery, of American Homeowner Preservation.

Welcome to the Future.  It’s one thing to predict the future. It’s another to predict it THEN give actionable advice on how to take advantage of the prediction. In episode 2 of 4 of our , today’s Best Ever panel discusses the future of crowdfunding AND what you should do about it in order to grow your business.  Let’s go! Best Ever Panelists: -        Jason Fritton, Co-Founder and CEO, -        Jorge Newbery, Founder and CEO, -        Steve Cinelli, Founder and CEO, -        Lew Feldman, Partner in   Here’s the futuristic stuff you’ll discover in today’s episode… -        Bold predictions about the expansion of crowdfunding -        The two things that could kill all the crowdfunding momentum -        How states will help lead the way to new crowdfunding legislation -        The billion dollar lesson from the original crowdfunding platforms -        The rise of international investing and its implications And, if you didn’t hear listen to of this series that gives you answers to EVERY crowdfunding question then go check that out now! Want a treatski?? Unlock the Top Ten Answers to the Top Ten Questions asked about crowdfunding by downloading it for FREE here: This episode is bought to you by our Best Ever sponsor, . Could you do more deals if you had more money? Let the crowdfunding platform, Patch of Land, find investors for you and fund your next deal…and your next deal…and your next deal…and…well, just go find out more at     

The Internet is opening up all kinds of new investment opportunities that many of us didn't have access to before. One way real estate investors have made lots of money over time was by investing in distressed mortgages. But for an individual to buy a single mortgage is pretty complicated, let alone risky. Jorge Newbery founded American Homeowner Preservation (AHP), a crowdfunding site for accredited investors to invest in pools of distressed mortgages earning between 9-12% per year. Jorge joins be on the Tradestreaming Podcast to discuss how investors should think about investing in distressed mortgages, the types of returns they should expect, and the growing popularity of this investment. ***Thanks for joining us on Tradestreaming Radio -- I'm very grateful for your time. It's awesome learning about these new tools and technologies together. If you're listening to this episode on iTunes, please give it a ranking and rating so that others know of the value you're finding in it. Thank you ahead of time.****