Turn-Key Mortgage Note Management Companies

[Michael Terry]

Morning all, 

I am working to become a mortgage note investor presently (performing only). While I enjoy the education, I am looking for a company that will handle all details for me and allow me to collect passive income with an almost hands-off approach from start to finish.

This need extends past servicing, and includes:

- Selection of performing mortgage properties based on my specs and resources (either through Paperstac or some other broker)
- Due diligence
- Servicing
- Potential legal representation should the need arise in the case of non-payments to the note agreement.
- Possible Mortage Note Mentorship

Is this something that exists out there?

I dont mind doing the work, and I have all of these individual resources lined up for myself. I also understand all the benefits of learning the business and making mistakes and creating my own path to financial independence. But as a busy father with a full-time job, what I am really looking for is to invest the tens of thousands of dollars I have saved right now, pay someone handle all of it, and then be on the look out for that golden passive mailbox money.

If anyone knows of companies like that, shoot me a message or post a comment below. 

Cheers. 

[Marco Bario]

@Michael Terry - I was thinking fund as well. 

Due to how they are structured, some only allow accredited investors, and others are open to all investors. By investing in an entity that holds multiple assets you can minimize risk through diversification. You also have the advantage of fund managers with years of experience and access to inventory and resources not available to smaller investors. 

I don't invest in note funds because I'm active in the space, but I do invest in syndications (another name for the same type of structure) which invest in commercial real estate and other asset classes. These investments also benefit from what I noted above (access to deals, experienced operators, etc.).