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All Forum Posts by: Account Closed

Account Closed has started 14 posts and replied 79 times.

Post: Financial freedom through note investing - Possible?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
10-4 Jay Hinrichs Thanks for weighing in.

Post: Financial freedom through note investing - Possible?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
Chris Seveney That kind of what I've been gathering. It seems a bit out of the mainstream which probably has its pros and cons.

Post: Financial freedom through note investing - Possible?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
Hey Wayne Snell , I'll shoot you a PM.

Post: Financial freedom through note investing - Possible?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
Chris Seveney Douglas Ladendorf Pari Thiagasundaram Thanks for sharing. I haven't done this but if I were to make the same post for rental properties, I'm guessing I'd see a lot more affirmative responses. Would you agree? If so, any thoughts as to why? I understand that BP is primarily for REI, and that notes are borderline REI. Is that it? Or is because the returns just don't compare to RE?

Post: Financial freedom through note investing - Possible?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
Will do, Bob Malecki #211 is up next.

Post: Financial freedom through note investing - Possible?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
Hello BP - When I look at note investing from 30,000 feet it looks like a strategy that would be very compatible with my lifestyle goals. I've done some initial research and understand the basics (e.g. PN, NPN, 1sts, 2nds) but I haven't yet come across any posts by individuals who are experiencing great success with this strategy. Is there anyone out there who is doing this as a sole-proprietorship, who isn't selling training, who is financially independent because of it (or clearly on the way), and would actually recommend it as a course of action for others? For the purpose of this discussion I am not interested in hearing from those of you who have completed a training course but have done nothing with it. I'm about to start my deep dive into this strategy but would like to hear some success stories before I do. Success stories anyone?

Post: What does your HEADACHE-O-METER look like?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
Larry Fried I actually read that article a few weeks ago, and I had a great conversation last week with a multi-family syndicator. They've got a solid model and good historical returns but, given my starting capital, it would be too slow of a boat. Once I'm better capitalized I could definitely see syndications as a way to diversify a bit.

Post: What does your HEADACHE-O-METER look like?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
Thomas S. The OP was made with the thinking that notes were where I wanted to go. I'll keep my ears open for other strategies that are compatible with my lifestyle goals, but I think it's time for a deep dive into notes. Thanks for a very confirming comment!

Post: What does your HEADACHE-O-METER look like?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
Nichole Stohler I've got a 30,000 ft view of notes right now but I like what I see so far. This strategy would allow me to: a) work from wherever I want b) create good velocity of money and get better capitalized c) provide legitimate help to people who are struggling to keep their home Really appreciate your questions. It's helped me to think very concretely about this.

Post: What does your HEADACHE-O-METER look like?

Account ClosedPosted
  • Evergreen, CO
  • Posts 91
  • Votes 22
Anthony Gayden Self-management is definitely not for me either!