Reviewing your first note investing deals can be a daunting task. You finally get a tape in, you load up Due Diligence Pro, and you get down to business. Before you know it, you've isolated a few potential deals, then what? If you're like some of the folks that send us emails, or our very own David Glinkski, you might have to overcome that moment of fear. Is my team in this market set up? Do I believe the BPO? Can I trust my ROI calculator? Let talk about it in this week's show. Road Trip Robby After spending some extensive time out of the country, traveling, working on a movie out in California and many other things. Robby is finally ready to get back to doing his thing in the real estate space. First off, similar to Fannie Mae selling off a large tranche of deals, we are looking to do the same. These are NPLs that no longer fit into the portfolio we're trying to maintain. If Ohio is a market you've been looking at investing in, or if you're already investing there drop us a line at ask@notemba.com. We'll be looking to offload these deals soon. As part of this offloading Robby is planning another road trip. We'll be working to bring you some videos and content from Robby out on the road. One of the things that's bringing all this on is a transition towards some higher value notes and development deals. Fear not is you're still in that lower brand price bracket! Between Chase and David, there will plenty of deal talk in that price range. Reviewing Your First Note Investing Deals David spent some time these past few weeks to review a tape. This was his first attempt at doing this on his own. We wanted to be as hands off as possible, however, when he had a question we took the time to answer it. One of the issues he had to get straight first was his own strike price. The strike price on an asset usually refers to the lowest price a seller is willing to take as a bid. Well, I advised David to come up with his own strike price. What is the lowest ROI he's willing to take a swing at? From there he was concerned about whether he'd be able to manage an asset outside his comfort zone. Robby mentions a crucial beginner technique of selecting your top 5 markets you want to invest in. This will help you narrow down where to invest, build your team, etc. David didn't make any bids this go around, but I'm confident he'll pull the trigger soon. That’s it for this week! Thanks for listening everyone and as always, if you have any questions, comments or potential deals to send our way, email us at ask@notemba.com. Listen & Watch this Week’s Show to Learn: Robby Is Headed Out For A Road Trip Through Ohio Why David Didn't Pull The Trigger On His First Note Deal How We're Planning to Improve Due Diligence Pro What Are Your Top 5 Markets The Numbers On Our First CFD Deal And much more! Featured on the Show: Due Diligence Pro Fannie Mae Selling Off A Large Tranche Of Deals Listening Options: Subscribe via iTunes. Listen on Stitcher Radio. Right-click and “save file as” for direct download. Or click here to get sent to the top of the page where the on-site player is.   Thanks for listening to our show! We’ll be back next Wednesday morning. Cheers, Chase & Robby