One perk when investing in notes is that you can do it anywhere. For some, that means doing it from a beach town in Central America (looking at Tracy and Fred) or from a parking lot at a ski resort (looking at me). But it also means you aren't stuck only investing in notes from your state. To prove that concept, we are taking a trip to the North Pole, Alaska (maybe we … [Read more...] about Rural Properties, Note Investing and Santa – Real Deal #268
Perseverance Pays Off with Notes – Real Deal #247
Have you ever had a note deal that felt like as soon as you took one step forward, you took three steps back? And you just felt like you were playing whack-a-mole the whole time? Yeah - us too! We recently worked on a mortgage note purchase that we just had to share as a lesson in never giving up and keeping the ball rolling. There was so much going on that when we sat … [Read more...] about Perseverance Pays Off with Notes – Real Deal #247
Detailing Documents – Promissory Notes vs Mortgages and Deeds of Trust
Can you judge a document by its cover? We talk a lot about getting all your ducks in a row when purchasing notes. Only by doing your homework and really looking at a deal can you decide if it fits your investing goals. And one thing you look at are the documents. When an individual agrees to owner finance their property, they become the bank. While in traditional bank … [Read more...] about Detailing Documents – Promissory Notes vs Mortgages and Deeds of Trust
Researching a Note Deal – Steps Before the Initial Offer
Important steps go into quoting and making note offers. It's not a number pulled out of thin air. One of the hardest parts in purchasing real estate notes is determining a price. This is when you decide your yield, risk level, and strategy. If you are referring, wholesaling, or brokering notes, this is your opportunity to earn your fee for finding the … [Read more...] about Researching a Note Deal – Steps Before the Initial Offer
