LOOKING FOR IDEAS... NOTE BUYERS VS PASSIVE INVESTORS?

[Mike Whitehead]

Hello everyone, So I have been investing for about 3 years and have made some awesome progress in the last year. I have taken a few models and put them together. I have taken the mobile home investing world and merged it with the note world. So I have done roughly 30 mobile deals this year and a originated notes on 25 of them. So I have taken the time to prove this model and all my note buyers are super happy. There are some laws and rules here in NV that make this such a valuable investment! I have done the market research, and I have the ability to 16 - 20 of these for the next 3 years! Now at a 20-30k note price that is only 33-50 notes to do a million dollars worth of inventory! So I guess my question is should my time best be spent marketing to a traditional note buyer (which has proven to be a miss so far) or a passive investor?

John Fedro and I have recently done a webinar about the lay out of the model. 

 https://youtu.be/OTpS84MjBmQ

[Mike Hartzog]

You will do better with passive SD IRA investors IMO. If you go that route I would suggest offering a warranty on the notes you sell. These types of investors are not prepared to deal with a default.