noteinvesting

Most people understand the world of rental properties, house flips, and other common real estate investments. But there is one little-known niche that could provide massive cash flow and profits without the headaches: note investing. In this episode of the BiggerPockets Podcast, we sit down with Dave Van Horn, author of Real Estate Note Investing, to talk about how anyone can get started with real estate note investing—even as a first investor. In addition to a great conversation about notes, you’ll also hear some of Dave’s powerful strategies for getting his real estate offers accepted, how he started his investments using the BRRRR strategy (with credit cards!) and much, much more. In This Episode We Cover: What is a note? The types of notes available Ways to start investing in notes How much cash one needs to have a note Dave’s backstory as a real estate investor Dave’s shift to note investing What hard money is Three things you need to put together a deal Getting bank financing Performing vs. non-performing notes Shadowing and how to do it Making multiple offers What happens when a performing note becomes a non-performing note? About the book And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Calculators Veggie Tales: Song of the Cebu BiggerPockets Podcast 028: Note Investing and Raising Private Money with Dave Van Horn Prosper Books Mentioned in this Show Multiple Streams of Income by Robert Allen Real Estate Note Investing by Dave Van Horn The First Entrepreneur by Edward G. Lengel Abundance by Peter H. Diamandis Fire Round Questions Is it possible to purchase your own Non Performing Note? If I want to be an individual NOTE investor, how much money do you need to have to play? Would it be a smart strategy to buy NPN or defaulted mortgages just to foreclose on them for profit? Tweetable Topics: “It’s not only about what you’re paying, it’s about how you’re paying it.” (Tweet This!) “You don’t need any money, you just need a deal.” (Tweet This!) Connect with Dave Dave’s BiggerPockets Profile Dave’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices

What does it take to truly find success in real estate — especially when you make an average salary and live in an expensive city? That’s the topic of today’s show, where we sit down with David Greene, a full-time police officer in the San Francisco market who’s managed to buy multiple deals in the past several years through mass hustle and persistent deal-finding. You’ll learn how David finds deals, invests both in-and-out-of-state, and finances those deals on a cop’s salary! This show is sure to motivate and educate you to do more deals this year! In This Episode We Cover: Who David Greene is and how he bought a $565k house for $195k The challenges of renting out a house His tips for first time landlords Thoughts on credit checks How to use property managers as advisors Steps for buying property from afar The second hurdle he met while investing What you want in a real estate agent How he got financing despite his profession Looking at investing like the Golden Real Estate Warriors to save money The importance of working hard to reach your goals A discussion on investing in notes — the downsides and upsides David’s game plan Why consistency is key to reaching success And SO much more! Links from the Show Keyword Alerts Tenant Screening: The Ultimate Guide How To Rent Your House: The Definitive Step by Step Guide How to Invest in Real Estate with Just 5 Spare Hours Per Week Be Like Elon (image) BackstreetBoys Documentary on MTV Jeff Brown’s BiggerPockets Profile Compound Interest Spreadsheet BiggerPockets Instagram Post (Quote) BP Podcast 034: Virtual Real Estate Investing and How to Find Great Deals in a Hot Market with Anson Young Andrew Cushman’s BiggerPockets Profile BiggerPockets Webinar Books Mentioned in this Show The Book on Rental Property Investing by Brandon Turner The Richest Man in Babylon by George S. Clason So Good They Can’t Ignore You by Cal Newport The Millionaire Real Estate Agent by Gary Keller The Millionaire Real Estate Investor by Gary Keller Rich Dad Poor Dad by Robert T. Kiyosaki Tweetable Topics: “You can do everything wrong in real estate at the beginning. If you hold on long enough, it’s going to work out.” (Tweet This!) “You have to embrace that it’s hard and be glad that it is.” (Tweet This!) Connect with David David’s BiggerPockets Profile David’s Website David’s Facebook Profile David’s LinkedIn Profile Learn more about your ad choices. Visit megaphone.fm/adchoices