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Updated almost 7 years ago, 01/07/2018
Paper Profits-an excellent book written by a BP member
I just finished reading Joshua Andrew's new book Paper Profits How to Buy and Profit From Notes. This book is one of the best written books on note investing that I have come across. At last a book that I can share with friends and co-workers who are unaware that there are other investments options out there besides Wallstreet. So frustrating to try to explain notes to people who have the mentality that if their financial adviser didn't recommend it to them then it must not exist! I cannot wait to put a copy of this book into their hands.
Josh does a great job of explaining what notes are and how we can profit from them. He also compares notes to other investments such as mutual funds, stocks, tax liens, bonds, and rentals. He discusses how to find notes, how to buy notes at a discount, how to go about doing due diligence before purchasing notes. The book even gives a lesson on the financial calculator for those that are not familiar with its use. Josh also provides several case studies both good and bad about note investing. This is an excellent book for those just starting out in notes or for those who are more experienced.
For those of you who don't know, Josh is a BP member that is active on the forums. I have to say that I am a bit prejudiced as I met Josh through the BP forums and he has been such a great resource to me throughout the years answering questions and giving me advice on note investing. He is an inspiration to all aspiring note investors and is an all around good guy. Great job Josh! Your book is awesome!