“How do I get started investing in notes?” That’s a question we hear daily from tired landlords, stressed out rehabbers, or the couple next door wanting to improve life for their family. Own The Real Estate Or Be The Bank There are differences between investing in real estate vs. mortgage notes. Rather than owning the property, you own the right to collect … [Read more...] about 21 Tips To Read Before You Get Started Investing in Notes
Note Buying Blog and Articles
Flexibility with Notes – Getting Deals Done
Let's dive into another real deal seller-financed note example. This time, we are taking a trip to the Lightning Capital of the United States — Florida. This transaction shows how note investors can work with less-than-ideal terms, get the yield they want, and move quickly. We all want our deals to close fast, but this one took that to a new level... The Details - 1st … [Read more...] about Flexibility with Notes – Getting Deals Done
10 Tips For Buying Notes In Self Directed IRAs
Thinking of buying real estate notes in your retirement account? These tips will get you started! The past decade has seen an explosion of private investors moving from buying property to buying notes. Tired of the headaches of being a landlord, they would rather be the bank. After all, nobody calls the bank at 2 am for a lockout or a stopped-up toilet. For … [Read more...] about 10 Tips For Buying Notes In Self Directed IRAs
What Type of Note Investor Are You?
We recently did a member-only webinar where we had a great time “building” a mock note portfolio. It was fun not only to build, but also to assess what type of investor you are, so... DO NOT skip to the bottom! Most note investors can tell you what they like. Good equity. Plenty of seasoning. Strong collateral. A decent yield. A healthy discount. Easy foreclosure … [Read more...] about What Type of Note Investor Are You?
3 Reasons Note Buyers Use Purchaser Interviews
Want to learn more about a note you are buying? Talk to the person making the payments with a purchaser interview. You might be surprised by what you find out. What is a Purchaser Interview? A Purchaser Interview (PI for short) is a friendly conversation with the property buyer paying on the real estate note. It helps a note investor get to know the payer and the … [Read more...] about 3 Reasons Note Buyers Use Purchaser Interviews
AI and Note Investing: What Note Sellers Should Know
I use AI a lot. It has become a regular part of how I research, organize ideas, compare information, and answer questions faster. I like it, and I think it is changing many industries for the better. The note business is no exception. Today, a note seller can ask AI about note values, seller financing, discounts, partial purchases, amortization, credit, property equity, … [Read more...] about AI and Note Investing: What Note Sellers Should Know
How to Make Money With Notes, Without Money to Invest
I didn't exactly start my note buying journey with a pile of money. In my mid-20s, after retiring from raft guiding (surprise, it's not that lucrative) and getting a "big-girl" job, I had some of my first savings I was ready to throw at retirement, but I wanted something beyond buying a few stocks. I'd listen to all these investors telling me what I needed to do. And I got … [Read more...] about How to Make Money With Notes, Without Money to Invest
Rentals to Notes: 2.5X Cash Flow — A $130,000 Real Deal in Fort Wayne
Every landlord who's managed a rental for a decade knows the feeling. The property cash flows on paper, but the reality is a different story: rent that shows up when it shows up, repairs that constantly eat into your margin, and a tenant that keeps things interesting in ways you didn't sign up for. That was the situation for Jay and Kyle, a father and son-in-law team that … [Read more...] about Rentals to Notes: 2.5X Cash Flow — A $130,000 Real Deal in Fort Wayne
The Best Way to Learn How to Invest in Notes
The best way to learn about note investing might surprise you. A lot of people start learning note investing the same way they learned in school. They look for definitions, training videos, spreadsheets, and terminology. They follow a couple of people on YouTube, join an online group, maybe even go to a local meetup. There is nothing wrong with that. You need to understand … [Read more...] about The Best Way to Learn How to Invest in Notes
Strategies to Help Close Deals
How successful note buyers keep deals moving from inquiry to closing. Where do you think note deals can stall out? Is it during due diligence, while trying to collect all the necessary documents for underwriting? Is it during a Purchaser Interview? Is it BPO or title? Maybe it's when the seller realizes the note can't be purchased for 100% of the unpaid balance? While … [Read more...] about Strategies to Help Close Deals
Financial Independence Isn’t About Retirement – It’s About Options
As we celebrate the 250th anniversary of our country's independence, I'm always reminded of financial independence. The odd thing is that when people talk to me about financial independence, the conversation usually turns to retirement. I'm not sure why 'retirement' became the benchmark. Some of the coolest people I know are not retired but are 'financially … [Read more...] about Financial Independence Isn’t About Retirement – It’s About Options
