Real Estate Note Investing

[Donald Delt]

Hello all

Was doing some real estate investing reading, and stumbled across some articles about real estate note investing. It sounds like it could be a great way to diversify a portfolio, but I'm still unsure how exactly how it works, and the articles I've read is flying over my head (maybe old age is finally getting to me haha). Does anyone have any real life experience with this, how does buying notes work, and what exactly would I need to do to buy a note (if I decided to get into it). Thanks in advance for any all replies. 

[Eric Hyde]

@Donald Delt - I recommend following  @Scott Carson to learn about non performing, 1st lien residential notes. You can find him everywhere...youtube, iTunes (Note Closers Show Podcast). I started a year ago and have been very successful in making money. I'm not some super star who had millions with a background in real estate. I'm just a guy who followed the right people and did what they said. I disagree with Brian up above. I buy one or two notes at a time as opposed to large pools of notes and have made great money (I guess that's all relative). I invest in a Self Directed IRA for me and for other investors. I also recommend reaching out to someone who does what you are looking to do. As @Jay Hinrichs mentioned, yes NPN are work. No question about that. One option to lessen the work would be to Joint Venture with someone already in the business.

Good luck to you!

Eric Hyde