FIXnotes | Non-Performing Note Investing Welcome to FIXnotes — the go-to podcast for real estate investors ready to level up by becoming the bank. Hosted by Robert Hytha and industry experts, we dive deep into the world of mortgage note investing — especially non-performing seconds. Learn how to source, analyze, buy, and resolve distressed debt while helping homeowners and building lasting wealth. Whether you're scaling a fund or buying your first note, you'll get actionable strategies, real ...
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Rob Hytha Podcasts
Building a successful note business takes more than finding good deals—it takes a system. In this episode, we walk through the FIXnotes System, a battle-tested framework for sourcing, analyzing, managing, and scaling mortgage note investments with clarity and control. 🔍 What you’ll learn: ✅ How to quickly filter loan tapes and focus only on viable …
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Episode 9: Key Terminology from the FIXnotes Dictionary
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6:12
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6:12If mortgage note terminology feels like a foreign language, you're not alone—but without it, you're flying blind in negotiations, due diligence, and servicing. In this episode, we decode the key terms every investor must know to operate with confidence, avoid critical mistakes, and build credibility in the note space. 🔍 What you’ll learn: ✅ The ess…
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If you’re avoiding non-performing loans out of fear, you’re likely missing the most profitable part of the mortgage note business. In this episode, we reframe what “default” really means and show how it opens the door to leverage, negotiation, and high-margin deal-making when approached with the right mindset and systems. 🔍 What you’ll learn: ✅ Why…
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Episode 7: "Be the Bank" vs. "Be the Landlord"
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6:01If you don’t understand the underlying investment structure, you’re choosing between very different risk profiles. In this episode, we compare two distinct real‑estate investment roles — acting like the bank (note investor) versus acting like the landlord (property owner) — and dig into how to decide which path (or blend) fits your goals. 🔍 What yo…
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If you don’t understand the paperwork, you don’t understand the investment. In this episode, we dissect the core documents behind every mortgage note deal — and explain what each one means for your rights, risks, and returns. Learn how to read a note like a pro, spot red flags in assignments, and ensure the contract you’re buying is enforceable. ✅ …
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Episode 5: Lien Position - 1st vs 2nd Explained
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6:49
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6:49Not all mortgage notes are created equal — lien position makes all the difference. In this episode, we break down the difference between 1st and 2nd lien mortgage notes, and how each position changes your strategy, your risk, and your potential return. Learn how the lien stack works, what happens in foreclosure, and why smart investors don’t always…
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Episode 4: Meet the Collateral - The Lifecycle of a Note
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5:22
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5:22You’re not just buying paper — you’re buying a contract backed by real property. In this episode, we walk through the full lifecycle of a mortgage note, from origination to resolution, and explain what collateral really means in this business. Learn how notes are created, sold, and serviced — and why understanding the documentation behind each deal…
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Episode 3: Performing vs Non-Performing Notes
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3:50
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3:50Which is better: steady cash flow or steep discounts? In this episode, we compare performing and non-performing mortgage notes — breaking down the pros, cons, and strategic plays behind each. Learn how investors generate income from performing loans, why others prefer to roll up their sleeves with non-performers, and how to build a portfolio that a…
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Banks lend money — they don’t chase borrowers. In this episode, we break down why banks sell mortgage notes (often at a steep discount) and how investors like you can step in to profit. Learn how to source notes directly from institutions, what motivates banks to sell, and how you can position yourself as a serious buyer in the secondary mortgage m…
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🎙 Episode 1: Foundation and Introduction to FIXnotes
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4:15Tired of tenants, toilets, and turnover? In this kickoff episode, host Rob Hytha shares how he went from fixing properties to fixing debt — and why investing in mortgage notes is the real estate strategy most investors never hear about. Learn how to buy debt instead of property, get paid like a bank, and build real income without the landlord heada…
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