In today’s episode of The Art of Passive Income, Mark and Scott welcome special guest and founder of Aspen Funds, Bob Fraser, to the show.
Bob Fraser began as a computer scientist from Berkeley who started a successful e-commerce dot-com in the 90s and later began a hedge fund. After encountering several roadblocks over the years, such as losing his dot-com business and the crash of 2008, he started his search for something new.
After personally experiencing the volatility of the stock market and seeing investors take large losses with portfolios, Bob and his partner Jim were determined to design an investment fund that would provide excellent investor returns without being so dependent on the economic cycles. They did so by finding a niche in one of the most overlooked areas in real estate investing, mortgage notes.
Listen in as they discuss:
- Note investing
- Getting cash flow plus cap gain
- Taking advantage of inefficient markets
- Finding your niche