How to find a mentor for note investing?

[Kusha Karvandi]

What's the best way to find a mentor in note investing? I'm eager to learn (ideally by putting up the capital to JV with an experienced note investor) but not sure where to begin to start networking in the note investment space.

[Rodel Usam]

@Kusha Karvandi - There's a lot of folks willing to "mentor" you in note investing if you're willing to pay their fee. I agree with Bryan that in-person is best but that might be very costly. I would suggest that you start by reading some books. My personal favorites are "Invest in Debt by Jimmy Napier" and "Note Investing Made Easier by Martin Saenz". I would also point you toward other books but those 2 I have read myself. Both of those books give you the basics of Note Investing. Here's a course by Troy Fullwood, https://mortgageinvestorpro.com/module-1/, keep in mind this was a course that Troy charged $20k for about 10 years ago but now it's available online for free. Then, I would suggest you start searching for experienced note companies/investors to JV with, like you mentioned if you have capital ready to invest. You'll need to know what your risk tolerance is and set realistic expectations, like what yield you want to receive based on your exit strategy you're comfortable with. Non-performing 1sts and 2nds have different exits and differ greatly with performing 1sts and 2nds. Finally, if you feel you're knowledgeable enough to understand your investment criteria and risks, then maybe attend a seminar/course if you haven't found a JV deal yet. Facebook has groups you can join where you can network also.