Podcasts about ppr note co

Dave Van Horn has raised over $200 million dollars for both notes and commercial real estate. He is President and CEO of PPR Note Co., a holding company that manages several funds for buying, selling, and holding residential mortgages. He is also a co-founder and board member of Strategic Investor Alliance, a weekly investment blogger on BiggerPockets.com, and a national speaker. But none of his success came overnight. His accomplished career and expertise have derived from over 30 years of residential and commercial real estate experience, and from building a considerable portfolio of investments. Hear from the personal lessons he has learned, as well as how his passion for educating investors has led others to follow his path to build and preserve their wealth.More From Dave Van HornHome - PPR Capital Management (pprcapitalmgmt.com)Investor Newsletter - PPR Capital Management (pprcapitalmgmt.com)Are you wanting to: Make More Money Grow Generational Wealth Replace your 9-5 Salary with passive cash flow within 6-12 months? If so - Click the Link below and let's chat for 15 minutes. I'll coach you for free:Apply For The Action Academy CommunityFor Frameworks, Freedom Tips, and Millionaire Financial Breakdowns:Join Our Weekly Newsletter Twitter @theactionpodIG @brianluebbenTiktok @brianluebben

What does it take to have long-lasting success?   Today, we welcome Dave Van Horn to share important lessons he learned during the course of his 30+ year career. He started out as an agent and has been involved in residential and commercial real estate as a licensed Pennsylvania realtor, investor, title company partner, and commercial fundraiser. Networking is key for those looking to start or scale a commercial real estate business as well as being comfortable in going after bigger deals. He also gives emphasis on being trustworthy and authentic in building meaningful relationships with colleagues and clients. Serving as the President and CEO of PPR Note Co., Dave talks about what we need to know about non-performing loans and offers his perspective on the constantly changing market. [00:01 - 04:25] 30+ Years of Expertise Dave discusses his vast experience in real estate Creating a real estate networking event helped him raise capital for CRE and notes Starting PPR Note Co. and focusing on commercial real estate and non-performing loans   [04:26 - 09:21] What We Need to Know about Non-Performing Loans What strategies they're using in dealing with NPLs Dave sees risks in the nonperforming loan space and is always looking for ways to mitigate them Downturns are usually beneficial They consider unemployment as the biggest economic indicator We can make money in any market; what matters are our exit strategies Dave talks about his team and having almost $600 million AUM   [09:22 - 20:58] Lessons Throughout His Career Using leverage sooner to accelerate the business Focus on one goal and avoid shiny object syndrome The ultimate end goal is generating passive cash flow to reach financial freedom Be trustworthy and kind in order to build credibility Learn from the experiences of others through shadowing or mentorship Real estate is a team sport Capitalize on other people's strengths   [20:59 - 21:58] Closing Segment Dave's final advice: Don't be afraid to go big and invest in commercial real estate. Reach out to Dave!  Links Below Final Words Tweetable Quotes   “There's one goal in life and that is to get as much passive income as quickly as possible.” - Dave Van Horn “It's about being authentic and being yourself and being real, being kind, and being human.” - Dave Van Horn “Success leaves clues. You can learn a lot from people that are really successful at doing it.” - Dave Van Horn -----------------------------------------------------------------------------   Connect with Dave through the PPR Note Co. website, and find him on BiggerPockets and LinkedIn.   Resource Mentioned: The ONE Thing by Gary Keller and Jay Papasan Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below:   [00:00:00] Dave Van Horn: And I just think it's being authentic and being yourself and being real and, and being kind and being human and all these things that people talk about today. But it's, it's quite simple, really, it's are you a trustworthy person? Do you go above and beyond even when the chips are down? I mean, I've had deals that went south, but I did every, you know, I did everything under the sun to try to save those deals or hire attorneys at my own expense and try to, you know, do everything I can. And I think people know that.  [00:00:41] Sam Wilson: Since 2007, Dave Vanhorn has served as president and CEO of PPR Note Co. It's a holding company that manages several real estate and mortgage investment funds. Dave, welcome to the show.  [00:00:52] Dave Van Horn: Hey, how you doing Sam?  [00:00:53] Sam Wilson: I'm great, sir. And yourself? [00:00:55] Dave Van Horn: I never had a bad day.  [00:00:57] Sam Wilson: Wow. That's awesome. I love the positivity there, man. I don't hear that very often. I need, I need more of you in my life. I've never had a bad day. Tell me this, Dave, there are three questions. I ask every guest who comes to the show: in 90 seconds or less, can you tell me where did you start? Where are you now? And how did you get there?  [00:01:13] Dave Van Horn: Where did I start? Well, I'm in Philadelphia. I've been here my whole life. So I guess I started and ended here. I started as an agent back in '86, '87 was I first, licensed. And then I bought my first rental property, which was a duplex that I built some commercial garages on. And I bought that in 1989. So that's where I started. And then I had gotten up to about 40, I had about 40 rentals. I was also, years ago, I've been investing like 35 years. So a lot of things happened in 35 years, but I was I had been a contractor, so I was a contractor for 22 years. So I was a realtor, a property manager. I owned a title company, you know, a lot of different things I did over the years, but I had accumulated quite a few properties. And then I managed a lot of properties for other investors as well. And that's pretty much it, but, you know, I just kept scaling that and then eventually got into raising capital and was started out raising capital for commercial real estate, and then started raising capital for notes. That's how I met my partner. I used to run a real estate event, pre-meet up, pre-all the technology you see today. It was really simple. We sat down, had a meal, got to know each other. That was, and you could bring your deals. That was how simple the meeting was. But the meeting actually grew from 12 people out of lunch. Over a six-year period, ended up being in five states, six cities from Baltimore to New York. And we had 8,000 people in our database. So it grew quite rapidly, this little, have a meal and talk about real estate thing. So that's kind of how that network actually became in a way my bank, you know, how I raised capital for other folks' deals, how I raised capital for myself and even PPR today, if you think about it, we're the, you know, we're kind of our own bank, so to speak with our private equity, right?  [00:03:00] Sam Wilson: Tell me about what does PPR do today for the listeners that may not already be familiar with you?  [00:03:07] Dave Van Horn: Well, we started out doing, believe it or not, we started out doing delinquent second mortgages, and we started as investors. So it was somewhat of an accidental business. In fact, we used to have a short sale company and that was the main business and that went out of business and the note company took off. So who knows, right? And then we went from junior liens, as we kept raising more and more capital and growing, we went into first mortgages and then, you know, have morphed into commercial notes as well. And now back into commercial real estate again, so the company's grown and diversified quite a bit, although we're relatively new to commercial real estate recently, I guess the last year and a half, two years, you know, we first started getting into short term business loans, commercial loans, construction loans, bridge loans. We actually aggregate those up. We buy them. We have an affiliate that does hard money lending and has an REO platform online that sells REO properties. And then we, you know, we also finance that stuff as well. So that's just some of the things we do. And a lot of that we do to regulate capital, but still, the majority of our business is in the non-performing loans space. We do like the commercial real estate though, because it gives us tax advantages, depreciation, things to offset the carried interest from our bulk of the business, in the loan side of the, of our company, you know.  [00:04:26] Sam Wilson: You said the bulk of your business is nonperforming loans? [00:04:30] Dave Van Horn: Yes. I think last year we did about 325 million nonperforming loans. [00:04:34] Sam Wilson: And what's your strategy there? Get them to be reperforming loans and then sell those off or just reperforming and then hold them?  [00:04:41] Dave Van Horn: Well there's a couple of strategies, but no, you know, we have a JV partner, we acquire a lot of assets. They have a trade desk in New York, so we can access their desk and acquire assets. It's kind of like dollar cost averaging as you purchase. So it's kind of like this, we hurry up and purchase assets and aggregate them over time and get them, you know, reperforming in a lot of cases, and then we do go to securitization. So it's a kind of a race to securitization, so to speak. And that usually takes like 15 to 18 months. And then once we securitize, which is another way of saying refinancing a pool of mortgages down to a lower rate, we kind of derisk our portfolio by doing that. Then we're often running to, you know, wind down that fund. It takes about, I guess 33 to 36 months is the typical timeframe there. And then you can turn around and you do it again. You know, you go out and you aggregate more assets. And we use a combination of our private equity with some institutional capital. That lowers our cost of capital by, you know, marrying the two together.  [00:05:40] Sam Wilson: Right. Yeah, absolutely, absolutely. Do you see any risks or, I guess, any stormy weather on the horizon in the non-performing loan space? [00:05:49] Dave Van Horn: Oh, absolutely. So I'll give you an example. In the first quarter of this year, we didn't purchase any NPLs, but although last week we just purchased 73 million. So but that was intentional because of the market fluctuations and waiting for some things to settle down. But what we're seeing now is some things are loosening out right now. And you got to realize the last, gosh, 5 or 10 years almost, it's been an upmarket, so right. No prices are in direct correlation to real estate values. So the margins were actually thin. And then we tend to take off the most when it's a down market. So it's funny, some people are like, well, what happens if there's a recession? Normally that's beneficial for us because that increases, you know, the foreclosures, things like that. But usually the biggest economic indicator for us is unemployment. The thing that's strange right now where, you know, we may see what we call a technical review session, where you have two-quarters of negative GDP. Meanwhile, unemployment's still low, you know, so it's, never happened before. So that's what's different. Now if unemployment was high, yeah, we would probably be high five in a little bit and go in this, you know, not that we wish bad luck on anybody, but it's just the nature of that business. What'll happen in a down market is assets, just get, you know, cheaper pricing, wider margins. That's really what it means. We can make money in any market. What happens is your exits shift. You know, the way you exit your deals, the way you work your deals. Perfect example of that is deed in lieu. Usually, these are one to four family residential properties nationwide, right? So a deed in lieu is a good technique for an exit in an up market. It's not a good technique in a down market, right, does that make sense? Yeah. Cause you wouldn't have enough equity to, take the deed in lieu, right? So you could see how exits shift. That's just an easy example of that. And then when pricing shifts or the loan of value and, and the equity that's back in these assets shift the way you do your workout agreements, or, you know, what do you call it, loan modifications. They could vary, you know, so you just make adjustments, just like anything else in real estate, right? And, you know, you can make money in all markets. It's just you have to shift your strategy, right?  [00:07:59] Sam Wilson: Yeah, absolutely, absolutely. I would imagine a lot of people, processes, procedures, you know, building the team around handling nonperforming loans has, has probably been a work of art. Can you talk about that a little bit?  [00:08:13] Dave Van Horn: Yeah, it's funny you say that 'cause for many years we were asset managers. We used to do a lot of that in-house and there is a lot of compliance, but today we outsource a lot of that. So we're primarily capital allocators, more so than asset managers. And our JV partners on the West Coast actually have, you know, they have under a hundred people, but you're right. If we did all that in-house, at some point we would be a large firm like that. Whereas today, we're at like 27 people and we have considerable AUM, where like, we're just under hair, under 600 million under management. Now we recycle a lot of our money though. So it's a little different than if I said I was in multifamily and I had, you know, a billion dollars worth of property, usually that's with leverage or, but in our case, a lot of that private equity keeps moving and keeps turning. So it's a, it's a little bit different than that, where it's, you know, I bought an asset and parked the money, you know? [00:09:05] Sam Wilson: Right, right. Completely understand. As you rewind your 30, what'd you say? 35-year real estate...  [00:09:12] Dave Van Horn: And growing, yeah. [00:09:13] Sam Wilson: 35?  [00:09:14] Dave Van Horn: 30 something. I can't count that far back.  [00:09:18] Sam Wilson: Says the numbers guy in real estate. I can't count that far back. Tell me this, Dave, what's one mistake that you can look back on that you said, man, I wish I hadn't done that, that you could help our listeners avoid?  [00:09:30] Dave Van Horn: Wish I hadn't done that. Well, a lot of it is knowing who you're doing business with is definitely one 'cause we've had all had scenarios that didn't work out or lost money or whatever, bad partner. But I think really, I think the opportunity thing would be about leverage, about utilizing leverage sooner. And you know, even in, you know, I have a lot of coaches and mentors and, and that's one of the things that's a common theme with some of the coaches and mentors I've had where they'll ask the same question, which is what's the one thing that you could leverage that'll catapult you or your business in the next six to 12 months, you know, and that's an interesting question that I paid a lot of money to have asked of me. But it was good money, but the question sometimes would stay the same, and you go back with my coach six months later and he is asking me the same question, but things change, right? I could leverage technology. I could leverage people. I could leverage a lot of things, a JV partner. I could leverage capital. And that number one thing will shift for people based on where they're at with their business or their personal life. Oh, your personal life could be something else. What's the one thing, it's almost like the book, The One Thing, what's the one thing that I can do such that you know, everything else becomes easier or unnecessary that, you know, who's it, Gary Keller, right? So, you know, it's a great point. Great book. The other thing is, what's the one thing, what's the one goal, and by that, I mean, you know, I was a very ADHD type guy where I had shiny object syndrome, like a lot of real estate investors and control freak, and you know, all those things. But a friend of mine used to say this, you know, there's one goal in life and that is to get as much passive income as quickly as possible, by retirement age at the latest, and to have much, as much tax-deferred or tax-free as you can. It's an interesting goal, right? it doesn't really reflect your passion or what you're good at, but it does kind of sum it all up in a way because that's where we're all trying to get to with, you know, financial freedom or whatever that is, to get freedom of time, to get freedom to be able to go where you want when you want with who you want 'cause ultimately that's probably the bigger success. Now that could be different things for different people, but you get the idea. [00:11:50] Sam Wilson: Gotcha. So if I hear you correctly, are you saying that maybe earlier on you would've defined, I guess the one thing that you said, Hey, if I paid more attention earlier on to this, this is what will move my business forward. And then also the other thing I'm hearing is that, Hey, earlier on I would've said, look, I'm going to really hyper-focus on creating as much passive income as I can. Does that sound about right?  [00:12:09] Dave Van Horn: Yes. And not 21 things, right? That's why, and then the other thing is, like, being willing to have utilized more leverage sooner. Like, I'll give you an example of that was I used to sell 75, 80 homes a year when I was a RE/MAX agent to fellow real estate investors.  [00:12:26] Sam Wilson: Right.  [00:12:27] Dave Van Horn: And looking back, I go, well, that was dumb. I had the capital. I had the hard money lenders. I was like reluctant to use hard money ' cause I thought it was too expensive. In reality, what did it cost me to give away 75, 80 deals? I was focused on the wrong thing. I'm focused on commission. I'm not focused on increasing building wealth or cash flow. Like, I was focused on commission. Think about that. That's ridiculous almost. And most people can't find 75, 80 deals. I'm selling 'em to other people and I'm going, why? I'm not thinking about I could have bought all of 'em. I should have been buying 75, 80 houses a year myself. That's a perfect example of me, like, can't see the forest from the trees kind of thing. It was all right in front of me. I had all the resources 'cause we don't, what's that saying? What Tony Robbins used say, we don't lack resources, we lack, you know...  [00:13:20] Sam Wilson: Creativity. [00:13:21] Dave Van Horn: Yeah, it was all right there in front of me. And, you know, sometimes we just don't see that, you know. [00:13:28] Sam Wilson: It's funny you say that. I'm not quite to the same extent as painful of a lesson, but I go back to when I started in real estate in all the houses I flipped. I mean, dozens and dozens and dozens. It's like, why did I not just hold those again? Like, here I am 10 years later, I'm like, I'm an idiot. I should have just bought 'em and held 'em I was buying 'em right. Same idea. Same exact idea. Yeah, that's great. Thank you for sharing that. I certainly appreciate that. Tell me this. You know, what's one thing you feel like you've done really well? Something when you said, man, this has been a key to success that I feel like other people should be implementing.  [00:14:00] Dave Van Horn: For me, you know, I was always a sales guy, and it was, you know, my unique ability is the ability to raise a lot of capital, a lot of equity very quickly, you know. Like, I've had cases where I raised 30 million in a month, you know, which is significant, right? And a lot of people can't really do that. But a lot of that, where that comes from, I think is probably from trust over a long period of time. So you're able to, you know, be able to connect with people, you know, you're authentic. It's just like having a, a large network, but it's more than having a large network, right? 'Cause you could buy a network, but if you have an organic network. And the other thing is like, the more you give, the more you get, for sure. And I just think it's being authentic and being yourself and being real, and, and being kind and being human,and all these things that people talk about today. But it's, it's quite simple, really, it's, are you a trustworthy person? Do you go above and beyond even when the chips are down? I mean, I've had deals that went south. But I did every, you know, I did everything under the sun to try to save those deals or hire attorneys at my own expense and try to, you know, do everything I can. And I think people know that. They know that I'm going to treat their capital like it's my own, or I'm going to go above and beyond to make sure everything's above board and can have a favorable outcome. Now things can happen. But I think a lot of it's how you handle it and how you communicate and things like that. [00:15:29] Sam Wilson: Excellent. Excellent. Appreciate that. Tell me this. When you look to the future and you say, Hey, in five years, this is where I want my companies to be, this is where I want to be. What does that look like?  [00:15:40] Dave Van Horn: Well, I, I might be retired in five years. Now, retirement's a funny word. I don't see me stopping like in the traditional sense, let's leave it that. But now, I think my company, well, we already know. We already have a 10-year vision and things like that. In five years, we'll be at about 3 billion under management. We'll probably be at around a billion in private equity. And then hopefully we can build a lot of good as well along the way. So, you know, we do a lot of things to try to impact the community, whether it's affordable housing type things and, other programs that we're working on. So, hopefully, we will be able to give back more and, take care of our, all the stakeholders, our staff, our investors, and help others build wealth, really. It's that whole share, build, and preserve wealth concept.  [00:16:26] Sam Wilson: Right. No, I like that. I like that. Dave, here's a question for you. When it comes to scaling or starting out or somebody that's saying, Hey, look, you know, in the name of the show is How to Scale Commercial Real Estate. So the idea, you know, is that somebody's going, I really want to grow into commercial assets. What's one piece of advice you would give to somebody if they said, Hey, I'm ready to go large. How do I do it? And they came to you. What would you say?  [00:16:48] Dave Van Horn: Well, for one is you got to learn what you're doing to a point. So one of the things I did was I shadowed other people doing it. So when I first started raising capital, I actually went to work for a company in New Jersey and they hired me to help raise capital. But I learned a lot from them about not only raising capital, but commercial real estate, 'cause that was what the money was being used for. So you don't necessarily have to do everything yourself. You can shadow or mentor with someone who's already doing it, which makes a lot more sense than trying to go out and be the trailblazer or the first person with arrows in your back, so to speak. Success leaves clues. You can learn a lot from people that are really successful at doing it. And if it's an area that you're not familiar with build a team that is. I know the one outfit that I worked for, they were doing mobile home parks and they had never done 'em before. And they were doing storage as well. But they brought a crackerjack team together. You know, they had people on their board. I mean, the one guy was a, a mobile home developer for the last 35 years, you know, that, kind of thing. Same way with their attorney and their accountant were well versed in these areas, right? So they brought in experts. They also had a management company that was, you know, around forever. They also had a commercial broker who just specialized in mobile home parks in the Midwest. You know, it was like, they didn't just go, oh, well, we don't know what we're doing and we're going to wing it, you know? It was, yeah, it was a lot more than that. They went out and built a team that did, even though they didn't necessarily have all the skills, but most of these are commercial real estate especially, it's a team sport. You're not going to be good at everything anyway. And if you think you are, that's another problem, I think. We all like to think we're great at everything, but I know I'm not, right? I know I'm not an excellent underwriter. Does that mean I don't know anything about commercial real estate? No, I absolutely do. But there's people that like to sit in Excel all day and play around. That's not me, right? But it, that guy that's playing with Excel probably can't raise the capital either. It's a team sport just like property management, that's its own thing, right? Just like construction management, that's its own thing. 'Cause, you know, I've built a lot of stuff. And when I was a contractor, a lot of our customers had four to 600 units and we used to do the monthly turnovers, right, so I do have a strong sense of what that takes to turn over X number of units each month and things like that. So they're all different skill sets. They're all different things. And it is a team sport. It's just figure out what you're good at and bringing the folks that are good at the other parts. You know, some people are great at operations, right? Some people are great at managing people. Just because, you know, not all leaders are managers, right?  [00:19:23] Sam Wilson: Yeah, like you said, you know, build the team around, you find the people that are really good at, you know, what it is that you're not, and build them around you. Yeah, that's critical. You mentioned a lot of things I'm not good at, underwriting, man. That's a tough one. I don't know, like, I'm just not great at it. So that's really, really cool. Dave, I thank you for coming on the show today. Is there any last piece of advice you'd like to share here with the listeners before we sign off?  [00:19:45] Dave Van Horn: Piece of advice? Don't be afraid to get started. But I think a lot of it has to do with your, you know, it's always the same things. It's the sources of deals. It's the capital. It's the people, right? So it's networking. I think all those things help put the elements together and don't be afraid to do it. I mean, commercial is just bigger numbers, right? You know, I'm very comfortable doing commercial deals. It doesn't even phase me. I know a lot of people get nervous at that, but I think there's actually some advantages to it. The larger the loans get. You know, I was telling some of the people on my team that were newer, they were a little rambunctious about, you know, Hey, we're getting into commercial, it's bigger deals. But I go, Hey, guys, there's a professional appraisal done. There's a bank that's doing a lot more due diligence than us on this asset 'cause they wouldn't want to do that loan otherwise, right? So there's, there's other parties that can help out in some of these areas that give you a better comfort level. So that, you know, we don't have to be, like you said, experts in everything. There's other people that are coming along for the ride with us, whether it's our real estate broker, our lender, our, you know, title company, all these different things. They're there. If it was that crazy, they wouldn't do the loan, right? To a point, right?  [00:20:59] Sam Wilson: That's awesome. Thank you, Dave, for sharing, certainly appreciate coming on the podcast today. It was an honor and privilege to have you on here. If our listeners want to get in touch with you or your PPR Note Co., what is the best way to do that?  [00:21:10] Dave Van Horn: Probably the best way is pprnoteco.com. You could definitely sign up. We have all kinds of resources on there and definitely reach out to me. I'm also on BiggerPockets and LinkedIn. I have a distressed mortgage group on LinkedIn. You can seek me out there. On BiggerPockets, we answer a lot of questions in the forum. So anytime somebody has something, we're glad to help out, you know?  [00:21:29] Sam Wilson: Awesome. Dave, thank you so much. Certainly appreciate it.  [00:21:32] Dave Van Horn: My pleasure. 

Are you looking for ways to diversify your portfolio? Investing in notes can be a good way to do that. In this Highlights episode, we feature our conversations again with Dan Van Horn of PPR Note Co. and Susan Elliot of Flow State Investing.Dan reveals some little-known facts about the note investing business and shares the pros & cons of note investing over other asset classes. Meanwhile, Susan details how she found out about note investing and how she is helping investors add notes to their portfolios to build wealth. Listen now and understand how note investing works!

Dave Van Horn. Dave has raised over $200 million dollars for both notes and commercial real estate and he owns a considerable portfolio of residential investment properties, as well as various commercial holdings. His company, PPR Note Co, manages several funds that buy, sell, and hold residential mortgages nationwide.   Learn More About Dave Here: PPR's website: https://pprnoteco.com/     What do you want to hear/see more of and less of? What question do you always wish I would ask but I never do? Connect with the Global Investors Show, Charles Carillo, and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: schedulecharles.com/  ◾ Global Investors Web Page: https://charleskcarillo.com/global-investors-podcast/ .◾ Join Our Email Newsletter: http://bit.ly/32pehL0 ◾ Foreign Investing in US Real Estate Facebook Group: facebook.com/groups/ForeignInvestingInUSRealEstate/  

The Real Estate CPA podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax dvice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Always consult your own tax, legal, and accounting advisors before engaging in any transaction. -- Today we're joined by Dave Van Horn, CEO and President of PPR Note Co., veteran real estate investor, and author of Real Estate Note Investing. PPR Note Co. focuses on distressed, non-performing notes. The company has done over 9,000 acquisitions and dispositions of these notes. Learn more about Dave and his work: https://pprnoteco.com/ To download The Real Estate CPA's in-depth guide to qualifying as a real estate professional visit: www.therealestatecpa.com/guide-to-qua…professional For a free consultation from The Real Estate CPA visit www.therealestatecpa.com/become-client Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa Like us on Facebook www.facebook.com/realestatecpa/

Dave Van Horn has raised over $200 million dollars for both notes and commercial real estate. He is President and CEO of PPR Note Co., a holding company that manages several funds for buying, selling, and holding residential mortgages. He is also a co-founder and board member of Strategic Investor Alliance, a weekly investment blogger on BiggerPockets.com, and a national speaker. But none of his success came overnight. His accomplished career and expertise have derived from over 30 years of residential and commercial real estate experience, and from building a considerable portfolio of investments. Hear from the personal lessons he has learned, as well as how his passion for educating investors has led others to follow his path to build and preserve their wealth. More From Cama PlanCamaPlan Website:https://www.camaplan.com/More From Dave Van Horn PPR Note Website:www.pprnoteco.comPPR Note News Letter:https://pprnoteco.com/investor-newsletter/  Bigger Pockets Website:https://www.biggerpockets.com/store/real-estate-note-investing-ultimate

Peter Neill serves as Vice President of Investor Relations for the Company. He is chiefly responsible for fulfilling the company's capital raising goals by communicating and marketing the company's private offerings and maintaining key relationships with the company's investors. Mr. Neill began his real estate career working in marketing and sales at PPR Note Co. This gave him the ability to learn all aspects of the distressed mortgage business. He quickly transitioned into Investor Relations and raising private capital for PPR's private fund offerings. He managed the process of raising over $80MM for six offerings and helped grow their fund investor community from around 200 investors to over 600. During his time there, Mr. Neill learned the ins and outs of the distressed mortgage business and had a firsthand look and active role in transitioning the company from mainly acquiring second position mortgages to acquiring both first and second position mortgages. Mr. Neill purchased his first rental property a duplex, at the age of 24 utilizing an FHA loan. He is also the Founder of Accredited Life, a lifestyle community and personal/financial development brand for accredited investors, soon-to-be accredited investors and their families. He holds meetings in the Philadelphia area once a week and one-on-one sessions in-person and over the phone daily. Mr. Neill graduated with a Bachelors of Arts from Temple University where he studied Media Business and Entrepreneurship. He is an avid dog lover, who looks forward to adopting his first GSP soon. Learn more about your ad choices. Visit https://megaphone.fm/adchoices (megaphone.fm/adchoices)

Most people only see the glamorous side of a real estate fund manager: the huge million-dollar deals, the luxurious life of the owners, and the high stakes when you manage huge dollars. What most people don't see is the work. In the next episode of the @passion4rei Series, we talk with David Van Horn, CEO and founder of PPR Note Co, a multi-million dollar Real Estate Mortgage Note Fund company. David shares his journey from an underemployed college graduate working in college to managing Multi million-dollar Real Estate Mortgage Note portfolios.  David dives into practical strategies and tools he used as a Real Estate Mortgage Note Fund  Manager  and licensed realtor. These two areas of expertise give Dave a unique perspective on raising and managing funds for real estate deals.   If you ever wanted a behind-the-scenes look at what a fund manager's life really looks like, this episode will give you a small sample. In this episode, you'll learn about the key challenges involved with managing millions of dollars, what it takes to keep wealthy real estate investors (and the government) happy, the importance of using a coach, and growing your impact beyond the dollar sign. Highlights from the Interview The unique challenges of managing million-dollar portfolios The principle of building “customers for life in the financial services industry 3 key questions every investor wants to know  The 3 areas EVERY business must manage to survive Why a coach can help you close deals quicker and with less stress Why challenges in your business are really lessons to make your business smarter Creating a double-whammy effect: Why focused charity makes a bigger impact 

Most people only see the glamorous side of a real estate fund manager: the huge million-dollar deals, the luxurious life of the owners, and the high stakes when you manage huge dollars. What most people don't see is the work. In the next episode of the @passion4rei Series, we talk with David Van Horn, CEO and founder of PPR Note Co, a multi-million dollar Real Estate Mortgage Note Fund company. David shares his journey from an underemployed college graduate working in college to managing Multi million-dollar Real Estate Mortgage Note portfolios. David dives into practical strategies and tools he used as a Real Estate Mortgage Note Fund Manager and licensed realtor. These two areas of expertise give Dave a unique perspective on raising and managing funds for real estate deals. If you ever wanted a behind-the-scenes look at what a fund manager's life really looks like, this episode will give you a small sample. In this episode, you'll learn about the key challenges involved with managing millions of dollars, what it takes to keep wealthy real estate investors (and the government) happy, the importance of using a coach, and growing your impact beyond the dollar sign. Highlights from the Interview * The unique challenges of managing million-dollar portfolios * The principle of building “customers for life in the financial services industry * 3 key questions every investor wants to know * The 3 areas EVERY business must manage to survive * Why a coach can help you close deals quicker and with less stress * Why challenges in your business are really lessons to make your business smarter * Creating a double-whammy effect: Why focused charity makes a bigger impact You can learn more via his contributions on Bigger Pockets, on his site pprnoteco.com or grab a copy of his book "Real Estate Note Investing"

Pancham interviews Dave Van Horn, CEO & Founder, PPR Note Co. Dave shares why notes investing can prove to be an excellent option to traditional Wall Street investing, and reveals how you can earn better returns without taking on undue risks. This show starts with Dave sharing the basics of notes investing. What are some primary factors that you should consider before investing in notes? And, can someone with zero prior experience also invest in notes?  Next, we talk a bit about performing and non-performing notes, and reveal the best option for you. Listeners will also learn how to conduct a proper due diligence before investing in notes.  Other topics discussed on this show are the advantages of investing in a notes fund, liquidity notes vs. income notes, expected returns, frequency of distributions and much, much more.  Timestamped Shownotes: 00:32 - What are notes? Pancham explains the nuances of notes investing in simple terms 01:05 - Pancham welcomes Dave to the show 03:03 - What attracted Dave to the notes investing in the first place? 03:29 - What is a note? 04:58 - Mortage vs. Note - Understanding the difference 06:17 - Factors to consider before you start investing in notes 09:33 - How can someone with zero experience start investing in notes? 10:54 - Performing Notes vs. Non-Performing Notes - Which is the best option for you? 11:53 - Can you invest in notes via the crowdfunding route? 12:30 - What are some prominent platforms for buying and selling notes? 13:48 - How to conduct due diligence while investing in performing notes 14:58 - Dave shares how due diligence for a junior lien differs compared to due diligence for senior liens 18:00 - What are some important factors that affect note pricing? 20:54 - Can you invest in notes as a passive investor? 21:30 - Can you run into compliance risks as a notes investor? 22:13 - How can you mitigate risk and generate better returns by investing in a notes fund? 22:40 - How does a liquidity notes fund work? What kind of returns can you earn? 24:45 - What about income notes fund? 25:52 - What is the frequency of distributions when you invest in a note?    29:06 - Taking the Leap Round   29:17 - When was the first time you invested outside the Wall Street? 32:35 - What fears did you have to overcome when you first invested outside of Wall Street? 34:30 - Can you share one investment that did not go as expected? 38:09 - What is one piece of advice that you would give to people who are thinking of investing outside the Wall Street? 41:43 - Dave shares his contact information 3 Key Points: Understanding the BASICS of notes investing Performing Notes vs. Non-Performing Notes - Which is the best option for you? How to conduct a proper due-diligence before investing in notes Get in Touch: Pancham's Email The Gold Collar Investor The Gold Collar Investor Facebook Page PPR Note Co.  

It can feel overwhelming to invest in the complex world of commercial properties. Especially if you are investing in property notes. Finding a trusted partnership in your investments can help build the confidence you need to find the right investments for you. In today's show, we sit down with Peter Neill to learn more about the world of property notes and how you can find the right partners in your investments.LinksGSP REI: https://gsprei.comPodmax: https://podmax.coAbout Peter NeillPeter Neill serves as Vice President of Investor Relations for the Company. He is chiefly responsible for fulfilling the company’s capital raising goals by communicating and marketing the company’s private offerings and maintaining key relationships with the company's investors.Mr. Neill began his real estate career working in marketing and sales at PPR Note Co. This gave him the ability to learn all aspects of the distressed mortgage business. He quickly transitioned into Investor Relations and raising private capital for PPR’s private fund offerings. He managed the process of raising over $80MM for six offerings and helped grow their fund investor community from around 200 investors to over 600. During his time there, Mr. Neill learned the ins and outs of the distressed mortgage business and had a firsthand look and active role in transitioning the company from mainly acquiring second position mortgages to acquiring both first and second position mortgages.Mr. Neill purchased his first rental property a duplex, at the age of 24 utilizing an FHA loan. He is also the Founder of Accredited Life, a lifestyle community and personal/financial development brand for accredited investors, soon-to-be accredited investors and their families. He holds meetings in the Philadelphia area once a week and one-on-one sessions in-person and over the phone daily.Mr. Neill graduated with a Bachelor of Arts from Temple University where he studied Media Business and Entrepreneurship. He is an avid dog lover, who looks forward to adopting his first GSP soon.

Thank you for listening! Dave Van Horn currently serves as the President and CEO of PPR Note Co. Dave's expertise is derived from over 30 years of residential and commercial real estate experience as a licensed Realtor, Real Estate Investor, and Fundraiser. As the latter, Dave has raised over $100 million dollars for both notes and commercial real estate. Thank you so much for listening! WE ARE SO GRATEFUL!!!!  Our Sponsor:  Multifamily Foundation  If you are serious about learning how to buy apartment buildings then don't wait, go to www.multifamilyfoundation.com and let us help you build your foundation.  Investing for Lifestyle and Legacy: https://www.yarusiholdings.com/  Subscribe To Us On YouTube: https://www.youtube.com/channel/UC1SuXB01d14DC8ZnEWpRQdQ?sub_confi rmation=1  Subscribe To Us on #Libsyn: http://multifamilyfoundation.libsyn.com/website Subscribe To Us on iTunes: https://podcasts.apple.com/us/podcast/the-multifamily-foundation/id1484177595   #75hard #multifamilyfoundation #realestate #investinyourfuture #thefutureyou #success #moveforward #trusttheprocess #family #crossfit #crossfitenthusiast #menwholift #womenwholift #yoga #yogamom #run #runner #podcast #podcasthost #health #wealth #mindset #podcastlover #podcastaddict #realestate #investinyourfuture #thefutureyou #success #moveforward #trusttheprocess #health #wealth #mindset #dreams #goal #yourfuturematters #realtor #goals #dreamer #realestatecoach #realestatementor #invest #investor #investtime #family #runner #investinyourself #investinyourfamily  See acast.com/privacy for privacy and opt-out information.

Since 2007, Dave Van Horn has served as President and CEO of PPR Note Co., a holding company that manages several funds that buy, sell, and hold residential mortgages nationwide. Dave has raised over $100 million dollars for both notes and commercial real estate and also owns a considerable portfolio of residential investment properties, as well as various commercial holdings.   In addition to his investments and role as CEO, Dave’s biggest passion is teaching others how to build and preserve wealth. He shares how he helps investors stay in their homes, how he’s on track to build a billion-dollar company, his most rewarding piece of real estate and why he believes in helping others get what they want.   Partner: Download a Free Sample Apartment Deal Package   Key Market Insights Launched PPR Note Co in 2007 with a group of friends Leveraged experience from over 20 years of syndication into note investing entering 13th year Had one source starting out and started learning more and working with JV partners Started out with junior liens – business plan is a modification of payment First lien you need to exit the deal through the property Junior liens are usually home equity line of credit or second mortgage Multiple exit strategies: forbearance, foreclosure, modification, deed in lieu In a down market, there is an abundance of product, with great margins In an up market, there are fewer deals, margins are slim, but the exit is easier Once you get 12 months of payments, the non-performing note, becomes performing and the value increases Goal is to be a billion-dollar fund in less than 10 years Note Fund vs. Multifamily Fund: Notes can be turned more quickly and are liquid, multifamily has tax advantages Most rewarding real estate is a recovery house Hopes to raise $100,000 for the homeless Tips to start note investing today: get a coach, get performing note FB and BP groups on notes – hard money lending Invest in what you know for notes   Partner: Check out the Passive Income through Multifamily Real Estate podcast with Kyle and Lalita Mitchell     Bull’s Eye Tips: Winning Your Market: Find the blue ocean Tracking Market Changes: in-house economist Daily Habit:  workout, journal and read and meditate   Resources: Scaling Up: Mastering the Rockefeller Habits by Verne Harnish     Traction by Gino Wickman     Best Business Books: Attention Pays by Neen James   Digital Resources: Whoova Tweet This: “With 1-4 unit residential properties, borrowers have a vested interest”   “Help others get what they want and you’ll get what you want”     Places to Grab a Bite: Jim’s Steaks Tallulah’s Garden   Connect with Dave: Website: PPRNoteCo.com Social: BiggerPockets Leave us a review and rating on Apple Podcasts or Stitcher. Be sure to check out more info at TargetMarketInsights.com.    

Dave Van Horn is a veteran realtor, investor, and President and CEO of PPR Note Co., holding company that manages funds that buy and sell mortgages. He has raised approximately $1,000,000,000 in notes and commercial real estate. But his biggest passion is teaching how to build and preserve wealth. He also is the cofounder of Strategic Investor Alliance (SIA) and Mid Atlantic Summit networking groups, and a blog contributor on Bigger Pockets. We had a mind-blowing talk with Dave as he dives into his origin story of how he came to own over 40 companies. He also talks about the importance of a network, surviving economic downturn, starting a finance company, and hacking your liabilities. Reference Links PPR Note Co. Website http://partnersforpaymentrelief.com/contact-us/ Strategic Investor Alliance https://strategicinvestoralliance.com/ Mid Atlantic Summit https://midatlanticsummit.com/ Bigger Pockets https://www.biggerpockets.com/ Real Estate Note Investing by Dave Van Horn https://www.amazon.com/Real-Estate-Note-Investing-Passively/dp/0997584777/ref=sr_1_3?keywords=Real+Estate+Note+Investing&qid=1566251034&s=books&sr=1-3 Invest in Debt by Jimmy Napier https://www.amazon.com/Invest-Debt-book-Buying-Paper-dp-B000HNMKQW/dp/B000HNMKQW/ref=mt_hardcover?_encoding=UTF8&me=&qid= Raising Private Capital by Matt Faircloth https://www.amazon.com/Raising-Private-Capital-Building-Peoples/dp/1947200984/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1566251078&sr=1-3

My guest in this episode is Dave Van Horn. Since 2007, Dave Van Horn has served as President and CEO of PPR Note Co., a holding company that manages several funds that buy, sell, and hold residential mortgages nationwide. Dave’s expertise is derived from over 30 years of residential and commercial real estate experience as a licensed Realtor, Real Estate Investor, and Fundraiser. As the latter, Dave has raised over $100 million dollars for both notes and commercial real estate. Dave also owns a considerable portfolio of residential investment properties, as well as various commercial holdings. In addition to his investments and role as CEO, Dave’s biggest passion is teaching others how to build and preserve wealth. Dave is a co-founder and board member of Strategic Investor Alliance, a purposeful planning and networking group for accredited investors. Dave is also a national speaker and investment blogger on BiggerPockets.com. If you are interested in joining our investor's group, you can go to cashflowninja.com/investorsgroup and fill out an application form or e-mail me at info@cashflowninja.com to start the discussion to see if you are a good fit for our group. If you are in the Philadelphia/Bucks County and Southern New Jersey area, we are hosting a live investors meetup event every month in Newtown, PA. For more information on the monthly event and information on how to join us at our next event, you can go to www.cashflowninja.com/events. Interview Links:  www.pprnoteco.com Real Estate Note Investing

Dave Van Horn is back on the show! If you tuned in to last week's episode, then you had the chance to hear a really phenomenal interview with him, which he'll build on today.  The President and CEO of PPR Note Co. and the author of Real Estate Note Investing, Dave specializes in residential notes. Listen in to hear him speak on how professional practice owners can enter the arena of real estate, specifically in note investing, and what makes it so worthwhile. You can find show notes and more information by clicking here: http://bit.ly/2Ht8Q72 

Follow along as Dave Van Horn talks to us about being disciplined, knowing when to say no and having the right team in place. Dave shares his insights on how to grow a billion dollar business and improve yourself. Since 2007, Dave Van Horn has served as President and CEO of PPR Note Co., a holding company that manages several funds that buy, sell, and hold residential mortgages nationwide. Dave’s expertise is derived from over 30 years of residential and commercial real estate experience as a licensed Realtor, Real Estate Investor, and Fundraiser. As the latter, Dave has raised over $100 million dollars for both notes and commercial real estate. Dave also owns a considerable portfolio of residential investment properties, as well as various commercial holdings. In addition to his investments and role as CEO, Dave’s biggest passion is teaching others how to build and preserve wealth. Dave is a co-founder and board member of Strategic Investor Alliance, a purposeful planning and networking group for accredited investors. You can reach Dave at pprnoteco.com and check out the Mid-Atlantic Summit at midatlanticsummit.com This podcast made possible by our friends at HomeInvest.com. If you’re looking for the best turnkey investing company or want a free investment strategy session visit homeinvest.com/pillars. Thank you for listening to our podcast, don’t forget to subscribe and leave us a 5 star rating and review. Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: https://www.youtube.com/channel/UCkg8HggkdPAuBaAQySJSEQQ/featured

Dave Van Horn is the President and CEO of PPR Note Co., a company that brings investors unique opportunities to create passive income through investing in real estate notes. He is an expert in the real estate business with over 30 years of experience as licensed Realtor, Real Estate Investor, and Fundraiser. On this episode, Dave discusses the basic fundamentals of Note Investing including where and how to invest in it. He explains what a note is and how to profit from it. He shares his own venture from the real estate industry to the note business. You may not know what a note is; but after listening to this episode, you will understand how everyone is involved in this business.   Where we are: Sam - Brazil Johnny - Chiang Mai   Links: Dave’s Company: Pprnoteco.com Free ebook: Pprnoteco.com/learn   Books: Rich Dad Poor Dad   Discussed: ILAB 77 - Turney Real Estate Investing vs. REITs   Time Stamps: 01:02 – How he got into Note Investing? 08:29 – Buying notes vs. owning physical properties 10:36 – Basic definition of a Note 13:24 – Everyone’s role in the note business 14:20 – First notes he got involved in 15:31 – Individual investor to Institutional 16:25 – Where to acquire Notes? 16:44 – Classes of Notes 17:27 – Typical yields of the Notes 25:34 – What to do with non-performing Notes? 27:51 – What to know when starting in Note Investing? 31:45 – PPR’s fund premium returns 34:17 – How to invest in products on PPR? 39:47 – Difference between loan and mortgage   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Raising money to buy debt, that's correct… Sounds strange but it pays off! Our guest has been a previous guest on the show and he is a successful investor with many hats, and today he is sharing with us how it's possible to raise millions of dollars to purchase notes. You don't want to miss this! Best Ever Tweet: Raising money is a relationship trade, be professional and extremely focused. Dave Van Horn Real Estate Background: - President of PPR Note Co., managing several funds that buy, sell, and hold residential mortgages nationwide - Over 30 years of residential and commercial real estate experience - Also is a Blogger, national speaker, and founder of Strategic Investor Alliance (SIA) - Began as a contractor and has done everything from fix and flips to Raising Private Money - Based in Philadelphia, Pennsylvania - Say hi to him at www.pprnoteco.com Want an inbox full of online leads? Get a FREE strategy session with Dan Barrett who is the only certified Google partner that exclusively works with real estate investors like us. Go to to schedule the appointment. Subscribe in iTunes and so you don’t miss an episode!