If you are worried about paying too much for your investments, this episode we discuss how to invest in distressed assets. As we move towards a recession, many assets will become distressed and you will want to know how to invest and keep your risk low. Should you feel guilty about finding bargains? We discuss that too.
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Today's Guest: Rick Allen
Rick Allen is a 15-year veteran in the distressed asset space with expert knowledge in real estate, discounted notes and capital raising.Throughout his career he has purchased over $100MM in real estate and discounted mortgage notes. Mr. Allen is currently the Co-Founder and CEO of Paperstac, an online marketplace for trading whole loans.Additionally, he is the co-host of the Paperstac Podcast and is one of the founders of the Money with Meaning Fund (MWMfund).MWMfund is an offering qualified by the SEC under the exemption Regulation A.MWMfund is a socially responsible investment fund that focuses on investing for both profit and purpose, with a goal of saving 10,000 families homes.
Rick's Online Presence:
- Kirk Chisholm | Innovative Wealth
- Barbara Friedberg | Barbara Friedberg Personal Finance
- Megan Gorman | The Wealth Intersection