Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago,

User Stats

24
Posts
12
Votes
Mark Baldwin
  • Investor
  • Koloa, Kauai, HI
12
Votes |
24
Posts

Pitfalls of investing in notes from a distance

Mark Baldwin
  • Investor
  • Koloa, Kauai, HI
Posted

While I've been intrigued by the ability to invest in notes from anywhere, it is what concerns me the most about making the leap into it. The transactional aspect is appealing, as well as the ability to accrue cashflow, which is my goal.  However, I've heard and read about how sometimes you just have to show up at whatever location the note is located to do whatever it is nobody else is willing/able to do.  Is this a reality I have to accept?  If I invest in notes, I will occasionally have to buy a $1000+ plane ticket to "get it done"?  Perhaps that's what I have to accept.  Upon jumping in, will I discover ways to mitigate the need to be my own boots on the ground?  Thank you for whatever thoughts anyone can offer. 

Loading replies...