Jay Tenenbaum, co-founder and President, Capital Development and Loss Mitigation at Scottsdale REI, a private equity real estate investment firm, specializing in acquiring assets nationwide.
In his career, Jay has acquired over 500 distressed mortgage notes and properties in over 40 states & attributes his success and expertise to his ability to effectively integrate his 20 years of experience as a former debt collection professional. Jay’s unique skillset lies in his ability of turning non-performing assets into positive cash flowing assets.
Quote:
It’s all about relationships to gain traction and speed.
Highlights:
05:15: How the distressed note sector has shifted since the great recession
09:45: What due diligence looks like for distressed notes
12:40: What happens when you buy vacant properties
14:15: How Jay sources liens right now
16:45: Learning more about buying distressed notes and properties
19:35: Finding funding for purchasing notes
Guest Website: https://scottsdalerei.com/
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