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All Forum Posts by: David L. Rhoiney

David L. Rhoiney has started 2 posts and replied 22 times.

Post: Getting started in Notes

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@Tracy Z. Rewey

Mrs. Rewey,

Thank you for that information. I too, believe that no one cares about your money as much as you do.

From my research it seems that their is a large barrier to entry with Note investing, specifically capital requirements. Did you find this as well?

Post: Getting started in Notes

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@Tracy Z. Rewey

Thank you for sharing your story.

I read your profile and it shows you have a background in the mortgage industry. Do you feel as that experience helps you decide where to look for and invest in Notes?

Also what is your opinion on Note funds?

Post: Getting started in Notes

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@Adam Johnson

Thank you for sharing your story.

I’m continuing to do more research but every day it sounds like Note investing is what I’m looking to do. Although I also have a goal of owning apartment buildings.

Post: Getting started in Notes

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@Jay Hinrichs

I understand your point. My apologies if that post came across disrespectful to anyone’s business. Not my intent.

I’m a newbie and I’m researching the entire real estate investing space to see what’s best for me and my family.

At the same time there is no such thing as a truly “passive” investment. Most investments/business ventures, require a certain degree of upfront sweat equity to produce passive income. I understand that completely and I’m not afraid of doing the legwork myself. I’m just trying to learn. Also if I don’t take the opportunity to learn the business, then it’s easier to lose money in a bad investment or fund.

Post: Getting started in Notes

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@Jay Hinrichs

Thanks for that information. I’ll probably stay away from Note funds until I know the actual folks running the fund and know I can trust them.

I’ve also seen Scott Carson’s name as well as read some of the lawsuits. Considering that he’s “trained” quite a few in the Notes business it makes me weary to blindly give money too.

Post: Getting started in Notes

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@Chris Seveney

That awesome. I can understand and sympathize with that reasoning. I have 3 kids who all have their unique schedules. So trying to fit anything extra in can be a challenge. However researching and analyzing deals can be done from anywhere. From what I can tell I can bid on Notes online which is a plus.

Post: Best Website platform for real estate agents - IDX and lead gen

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@Joe Graziano

I don't know if you found your answer or not but from a technology perspective, you need to get access to the MLS API and obtain a key to which could feed data to your site.

I have a tech consulting (web and software development) background and if you need help just PM and I’ll be happy to help you run this to ground.

Post: Getting started in Notes

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@David Pere

Thanks for that post. I’ll send them a message.

Post: Getting started in Notes

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@Logan Hassinger

Thank you for that information.

I'm a Surgeon so that's my primary source of income and I'm looking to generate passive income via REI. I like passive income sources that are sustainable business models. My goal in investing is to create generational wealth. So sustainable models are my goal.

Post: Getting started in Notes

David L. RhoineyPosted
  • Rental Property Investor
  • Isle Of Wight, VA
  • Posts 22
  • Votes 8

@Jamie Bateman

Just noticed the military article. Thank you for your service.