Note Investing: How Buying Distressed and Profitable Mortgages Can Skyrocket Your Income - Audible Audiobook

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Note Investing: How Buying Distressed and Profitable Mortgages Can Skyrocket Your Income - Audible Audiobook

Vincent Norris (Author), Russell Newton (Narrator), Northern Press Inc. (Publisher)

Real estate investing is a risk, no matter what you are considering to purchase or how experienced you are. Real estate note investing is no small purchase and not devoid of risk either, but if you talk to an investor that has “been there, done that”, you are bound to hear the same thing you will hear in this book: It is worth it!

Real estate note investing means you purchase the loan from a lender, essentially making you the bank. You are not a landlord and do not own the property (yet), so you do not need to do any maintenance or physical labor to flip it for profit, like a hard real estate investment requires. Instead, you collect the mortgage payments and enjoy the monthly passive income for the duration of the note. But what happens when the note is not performing? You can still make money there, and in some cases, more than you would if you bought the loan that has a faithful borrower.

There are several considerations you need to review before you dive into an investment this size. Once you have done your due diligence and developed a strategy for success, you can expect to see returns on your investment up to 20 percent in as little as a few months. When you are playing with the big numbers, this can mean some serious income for you!

It is not easy finding these notes to buy, or working with borrowers, sometimes, so make sure to commit to memory the phrases and tips outlined in this book to make the interactions and processes smooth and effective. In the chapters of this book, enjoy learning the "secrets" note investors live by to create a wealth that boosts their bank accounts immediately, and over time, you can achieve this with less effort than a "traditional" real estate investment requires.

Highlights of the book include:

 

  • A brief overview of exactly what a mortgage note is and how it is sold
  • Strategies on how to invest in notes for the largest return