Mike Ruscica, besides just being a great guy, was hugely instrumental to helping unlock my understanding of the opportunities, and pitfalls, investing in subordinate lien positions (primarily 2nd’s).
Not only did Mike help me understand how to analyze a deal to determine the risks and IF there is an opportunity, he also helped me understand the benefit and creative ways to work with a sub- or non-performing borrower – and still have a profitable deal for the investor. He is compassionate with both the borrower and the investor – and incredibly helpful to those of us stumbling through the maze of solution development.
If I had not been introduced to Mike, I would not now be investing in 2nd’s (and sometimes even 3rd’s). His passion for this investment strategy got through to me (even though I resisted!) – and I’m glad it did!
Mike Ruscica has been extremely helpful and instrumental to me in my note business. From the course to the phone support, Mike has always been there for me to answer questions, bounce ideas off each other and help me think about ways to plan for future growth. He has spent many hours with me on the phone to assist with ways to grow my business, source notes, find the right people in the right industry to get things accomplished. He has introduced me to some valuable connections and is always more than happy and willing to lend a hand – or an ear – for anything related to the note business and sometimes outside that realm as well. He’s a great guy to know in this business. He comes highly recommended!
I haven’t used the education materials or course, but I have purchased notes through Mike Ruscica and have boarded a couple of notes with Kevin Cordell. I appreciated their availability and assistance.
I have known Mike since 2006. In that time he has proved to be an incredibly valuable mentor and coach in all aspects of working a note. Mike is very easy to approach and is willing to help anyone from a beginner to an advanced note buyer with complex questions.
Frank Evans Evans Law
Mike Ruscica has been of enormous help to me in the note business. His vast experience, willingness to share ideas and solutions, recognition that there are various paths to success, and ability to think outside the box truly distinguish him as a leader in this industry.
Mike gets into the nitty gritty details of what happens when you get the note and most importantly what you need to do BEFORE you buy the note to make sure you have a profitable investment.
Mike Ruscica from noteconference.com comes with my highest recommendations. He is always looking for new ideas to assist his clients.
I admire him for his creative work and his willingness to “give first”.
You would be doing yourself a favor to align yourself with Mike as I have.
Huge help! Mike has been a wonderful mentor and very willingly shared his knowledge in various strategies and opinions on payoffs, partnerships, purchase prices of notes, how to read into credit reports then rate the borrower based on types of debt along with many other note related topics.
Through our various phone calls and emails, I have found him to be very informative, and capable of explaining the note business with clarity, making it easier to understand a sometimes confusing topic. I also found that if I asked a question that he knew could be a complicated answer, he would get me in contact with a professional who worked specifically in that one topic. Saving me much work in searching and screening.
While I was purchasing my first small pool of notes from him as my broker, he advised me not to purchase certain notes (resulting in him not getting the sell) due to the notes being over priced, and possibly very difficult to turn performing. This was when I noticed that he was more interested in my education and success, than he was in commission as a broker.
Due to his high integrity and values of teaching, I have found his mentorship to be a great asset to the successes I have had so far. I would recommend Mike’s training, and this business to anyone who works in the note business.