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Updated almost 6 years ago on . Most recent reply

User Stats

136
Posts
50
Votes
Gil Ganz
  • Real Estate Investor
  • Austin, TX
50
Votes |
136
Posts

balancing investing in notes with existing job

Gil Ganz
  • Real Estate Investor
  • Austin, TX
Posted

hi

recently got into the note businesss, i really like what i see so far and in the last two months have purchased three non performing 1st lien notes. looking ahead a few years from now, i would like to reach certain amount of notes while still holding my current job, allocating no more then 15 hours a week for notes, and i'm having troubles figuring out how many notes can i realistically handle in a given moment under these assumptions. wanted to get an opinion from any experienced investors around here.

a few assumptions

- notes are all non performing, all 1st

- focusing on non judicial states

- not planning to hold a note more than 18-24 months

- i am using vendors for everything - loan servicing, attorneys, document handling,bpo

just to give a ballpark of the amount i am thinking about, no more then 30 notes. 

what do you think?

Most Popular Reply

User Stats

602
Posts
357
Votes
Scott Carson
  • Note Investor
  • Austin, TX
357
Votes |
602
Posts
Scott Carson
  • Note Investor
  • Austin, TX
Replied

20 non performing notes are about all anyone can handle by themselves unless they hire an assistant to help.

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