SOUTHLAKE, TX Eddie Speed is the man who changed the mortgage note business, and the business is saying thank you. At the upcoming Small Balance Real Estate CapitalFlow Conference, Eddie will be inducted in their Hall of Fame. This is the first annual SBRE Awards, and Eddie will be their Hall of Fame’s very first inductee.
Eddie is an industry pioneer, and the Founder and President of Colonial Capital Management LLC, a private equity fund that acquires discounted real estate notes. Having brokered tens of thousands of notes for all of the major funding sources, Eddie is recognized as conducting one of the largest volumes of note transactions in the country.
He is also the Founder and main instructor of NoteSchool, which holds popular seminars all over the country to train real estate investors how to buy, sell, and maintain steady income from performing and non-performing notes. He maintains a rugged speaking schedule, with over 50 engagements at year. Eddie has also created a variety of seminars, workshops, online training modules, and publications.
His latest innovation is the launch of NotesDirect.com, the first online super-store to simplify the process of comparing and buying notes.
Eddie Speed has been featured many times in industry publications such as MarketWatch, REI Voice, DS News, Think Realty Magazine, and RealtyTrac’s Monthly Housing News Report.
Eddie jumped into the real estate business with both feet in 1980 after graduating from Texas Christian University. He’s been going full speed ahead ever since, and has never stopped learning. He sought personal mentoring by industry leaders Jack Miller, Pete Fortunato, Dyches Boddiford, Barney Zick, Quincy Long, and Walter Wofford.
He quickly realized the many advantages to owning the note rather than the deed, so he focused on the mortgage note side of the real estate business and never looked back. During his career, he has bought an average of three notes every single day for 36 years. His firsthand experience, coupled with his fresh thinking, have led to many innovations that are reshaping the industry. He helped forge legislation to reduce regulatory burdens facing seller financers with The Seller Finance Enhancement Act – HR 5301, which was recently introduced by a bipartisan team to the House Financial Services Committee.
Eddie is driven to share his wisdom so other investors can learn the industry as well. In addition to producing countless training CDs, online coursework, and numerous articles, Eddie is the author of Streetwise Seller Financing (considered the “bible of seller financing”). His most recent publication, Seller Financing: A Unique and Timely Opportunity, is a book that applies basic seller financing concepts to current market conditions.
The induction will take place at the SBRE Awards presented by Spiegel Accountancy Group. It’s all part of the SBRE CapitalFlow Conference, July 27-29 being held at the Hilton Portalnd & Executive Tower in Portland, Oregon. In addition to the awards portion of the conference, the event assembles top speakers from across the real estate industry to share their wisdom, plus numerous networking events.