April Newsletter
“Our desk has already begun seeing cracks in the market that have highlighted opportunities investors will capitalize on here in 2024. How long will the runway last? Or, has the runway just begun? Many believe it’s the ladder, and we have positioned our firm to be able to not only take advantage but to use these windows to scale and diversify.
For years rates were near zero, so an elevated rate environment could be a mainstay here in 2024 which will result in liquidity issues. Those that remain cash ready will be able to weather an unpredictable storm.”
Chaz Guinn – CEO and Founder
Meet Jeff Wells, Managing Partner and Head of Investor Relations
Jeff brings 20 years of experience in capital raise efforts through large family offices and high-net worth individuals who have a focus in distressed debt, development projects, single-family rehabs, new construction builds, along with land developments throughout the DFW metroplex.
Trade Desk Update
For those of you with capital you are looking to deploy, we are kicking off the 2nd quarter of 2024 with a new mixed pool offering.
Our new portfolio release consists of the following:
30 Total Assets: mixed batch of NPLs, RPLs, BK loans and REO across 14 states
$6.2mm Total BPO value, with an average of $206,667 BPO per asset
62% of the portfolio is comprised of NPLs, the remaining 40% are cash-flowing
“The 1st quarter of 2024 planted the seeds for us to grow over the next 12 to 24 months. If I was going to summarize our strategic focus into 2 words they would be “Controlled Growth.”
We continue to position ourselves to be nimble enough to seize the opportunities that come across our trade desk while remaining disciplined to our financial modeling and capital fund hurdles.”
Bob Repass – Chief Operating Officer
Passing Notes Podcast Ep #14 Now Streaming
Catch up on Passing Notes Ep #14, where Chaz Guinn and Bob Repass dive into the post-COVID foreclosure spikes and their impact on pricing, deal flow & product.
