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Updated about 7 years ago on . Most recent reply

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16
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Anya Sagee
  • Rental Property Investor
  • San Francisco, CA
11
Votes |
16
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Responding to Negativity

Anya Sagee
  • Rental Property Investor
  • San Francisco, CA
Posted

I recently spoke with several friends about investing in defaulted mortgage notes and they had a negative response. They didn't explain why specifically, just that "they'd heard Notes were a bad investment". This doesn't deter us in our note investing journey, but curious how others with more NI experience respond to this kind of objection? 

Most Popular Reply

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1,581
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Bob B.
  • Investor
  • Jasper GA
1,494
Votes |
1,581
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Bob B.
  • Investor
  • Jasper GA
Replied

@Anya Sagee you don't need to respond.  Just change the subject and go with your plan.  Investing in notes is risky and a bad idea if you don't know what you're doing.  Driving a car with proper training isn't a good idea either. It's easy to be negative when you don't understand something. It's not your job to educate them or change their minds.  Good luck and don't give up. 

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