Nov 15, 2021
Martin Saenz runs a fund that invests in distressed mortgages. He discusses the state of the mortgage market, returns and how he creates win-win deals for investors and homeowners.
Key Discussion Points
[01:04] Opening remarks by Eric Odum & Steven
Silverman
[05:04] About our guest: Martin Saenz
[05:57] How did you get started in real estate?
[08:10] What motivated you to move from Washington D.C.
to Sarasota, FL?
[09:12] What's your view of the Florida market for the
brief time you've been in Sarasota, FL?
[10:38] How did you migrate from real estate investing
into working with Notes & getting returns for investors?
[11:40] What types of mortgages are you pursuing?
[13:42] Are your funds leveraged? Or are they 100%
equity?
[14:05] What type of yield do investors get from their
notes?
[14:40] How are you finding these deals?
[16:52] How would you recommend people setup their own
Note business if they want to do this themselves?
[18:26] What are the names of your 3 books?
[19:26] Have you considered commercial loans? Or are you
just staying with residential?
[20:41] How do you handle compliance? Outsource?
Internal?
[21:51] What's your perspective on the debt market? Are
there any signs of weakness?
[23:49] Are you concerned with the recent amount of
compression on the returns?
[26:11] On the mortgage side in Florida, do you see
anything positive, negative, or interesting factoids?
[27:22] What's on the horizon as Florida deals with tight
inventory?
[29:07] How can investors learn more about your fund and
possibly invest in it?
[30:44] How can folks reach you?
[31:17] Closing comments by Eric & Steven
About Our Guest
Martin Saenz is a managing partner at Bequest Funds. Martin
has written 3 books on the mortgage industry. He co-founded Bequest
Funds with the dual purpose of helping investors grow their wealth,
and helping mortgage borrowers stay in their homes. Martin is a
seasoned real estate investor with over 15 years of
experience.