Tracking payments and being sure they come in on time each month is crucial to successful note investing. Fortunately, there are third-party servicing companies that specialize in collecting payments. But how do you know which one is right for you? We have you covered with these 13 important questions to consider when selecting a note servicing company. What Does … [Read more...] about How to Select the Right Note Servicing Company
Note Buying Blog and Articles
Will AI Change the Way You Invest in Notes?
It seems you can’t go far right now without reading about how artificial intelligence (AI) is affecting day-to-day business. It seems AI is in the news everywhere. Whether it is potentially replacing employees, adding efficiency to a consumer help desk, or taking over the human race… AI is at the forefront of conversations. Where does AI fit in with note investing? … [Read more...] about Will AI Change the Way You Invest in Notes?
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
Note Hypothecation vs. Partials
Buying notes and worried you'll run out of funds for the next deal? When note investors want to recapitalize, we often turn to note hypothecation or a partial structure. But what’s the difference and is one better than the other? Who wins in the matchup between hypothecation vs partials when buying mortgage notes? What is Hypothecation? Have you ever … [Read more...] about Note Hypothecation vs. Partials
7 Things to Do for Your Note Business Right Now
The note business may be one of the world's most creative and flexible financial businesses. The essence of note buying is basic. You are purchasing an existing cash flow (typically at a discount). But the benefits are anything but basic and small! One key advantage of the note business is its flexibility. You can operate from anywhere and set your own investment goals, … [Read more...] about 7 Things to Do for Your Note Business Right Now
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
21 Tips To Read Before You Get Started Investing in Notes
“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 payments on a … [Read more...] about 21 Tips To Read Before You Get Started Investing in Notes
Stop Doing This When Offering Seller Financing
Are you taking back a note? STOP doing this right now! Selling your property and taking back a note has numerous benefits, especially when considering the advantages of owner financing. In fact, both Tracy and I have written articles about just that….OVER 10 years ago. The Benefits of Owner Financing Don't Go Away Owner Financing – 10 Advantages To Using The Seller … [Read more...] about Stop Doing This When Offering Seller Financing
Takeaways from the 2024 Diversified Mortgage Expo
Nashville might be known as “Music City” but last week it became “Note City” for over 200 investors at the Diversified Mortgage Expo (DME). In its 9th year, this two-day DME event created a space for note investors, service providers, note creators, and private lenders to network, learn, and expand their business. On the way home, Fred and I talked about the highlights … [Read more...] about Takeaways from the 2024 Diversified Mortgage Expo
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
