Buying Notes
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Buying Notes (by David [NC]) Jan 9, 2018 2:26 PM
       Buying Notes (by Deanna [TX]) Jan 9, 2018 2:55 PM
       Buying Notes (by Ken [NY]) Jan 9, 2018 3:39 PM
       Buying Notes (by Landlord ofthe Flies [TX]) Jan 9, 2018 6:01 PM
       Buying Notes (by RB [MI]) Jan 10, 2018 12:40 PM

Buying Notes (by David [NC]) Posted on: Jan 9, 2018 2:26 PM

So has anyone actually bought notes or been to a note school seminar. Any feedback and personal experiences?

Buying Notes (by Deanna [TX]) Posted on: Jan 9, 2018 2:55 PM

A friend of mine used to do it in the early 2000's. I don't think it was very successful for him; I know he had gotten out of that biz when I talked with him in spring 2017... I don't know if it was because laws changed, or if it was something more innate to the business model, or the business model in Texas.

Will check around and see if I can find details that are a little more concrete. I had thought about my friend when I was trying to think of a sideline we could get into that was a little more hands-off, and whatever I'd heard about my friend's experience was enough for me to drop that idea.

Buying Notes (by Ken [NY]) Posted on: Jan 9, 2018 3:39 PM

I haven't bought any notes but I have created a bunch of them,buy a house and sell with a little bit down and payments at a market up price.I prefer landlords that can do the rehab themselves and have proven themselves to owner occupied.

Buying Notes (by Landlord ofthe Flies [TX]) Posted on: Jan 9, 2018 6:01 PM

If you're new, I suggest buying seasoned notes, notes that are 1-5 yrs old. By that time you have a track record of payments and if you can get it at a discount, you can get a higher return than the original note holder did.

Buying Notes (by RB [MI]) Posted on: Jan 10, 2018 12:40 PM

Whats the difference between buying a Note

and Actually buying a Note ?


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