All Forum Posts by: Paul Riley

Thanks for letting me know, @Chris!

Definitely would like to bid on those when you're ready.

Hey BP Fam,

I know my niche is the minority here, but are any of you note investors or lender selling performing or non-performing notes?

I'm buying 1st position notes in most states.

Would love to connect with you!

You're definitely not the first to be nervous. You can do it!

Hi @Dan Cahill,

Another more passive approach you could consider is performing real estate notes or private lending. Like NNN leases, you don't have to deal with repairs and such but still get the security of Real Estate. Of course, you don't get the appreciation benefits but you would get a much better return than the situation above. They also can be a very conservative approach.

Pros and cons to every strategy!

Hi @Mike Schorah,

It can be scary putting hard-earned money at risk. By looking at your thread, I'd say partnering is your best bet. Take the time to build relationships with a reputable investor. If you can eventually find someone you trust, you'll feel more comfortable working with them. You can also be a part of short term deals if you're concerned about longer timeframes. Shorter term deals often come with higher risk though!

Hi @Nathan Ruffrage,

If you feel like your at capacity as far as your projects go but have extra capital, you could consider privately lending on other real estate deals. You'd be lending on something you understand while it being passive and generating a good return.

I buy real estate notes and am always looking to connect with other funding partners!

Hey @Nicholas Adams,

If she wants it to be as passive as possible, I'd recommend looking into Performing Real Estate Notes. You get reliable cashflow like a rental but don't get a lot of the headaches of property management, tenants or repairs. Privately lending on real estate deals is another way to passively invest in real estate. I hope that helps!

Hey @Darrell Taylor,

If it's cashflow you're primarily interested in, I'd consider checking out real estate notes. You get consistent cashflow like a rental but don't have the headaches of property management or repairs. You could definitely get going with $140k 👍🏻

I wouldn't know about flips. That would depend on your market and what hard money loans you can get. You would be able to buy 1 maybe 2 performing real estate notes (my favorite RE niche) with 80k and collect some reliable cashflow.

Hey @Gabriel C.

I would invest any of those amounts into performing real estate notes. It is one of the more passive niches in real estate because you don't have to deal with repairs or property management.

You get monthly cashflow like a LTR but you're collecting the mortgage payment from the homeowner. Homeowners are much more financially and emotionally invested in the property.

Because these are paper assets, it is much easier to do long distance. I live outside Philadelphia but just bought one of these in Michigan. I will probably never go to the property physically. If someone has to, I can utilize a local realtor or vendor.

As far as STR, I'd say just take your profits from notes use that to go on vacation!

Just my two cents 👍🏻