Dec 9, 2020
Notes are a great investment because you don’t have to worry about toilets, termites, or tenants! That's right, you can invest in notes and get cash flow without managing property. What is a note? A note is short for promissory note, which is a promise between a lender and a borrower, where the borrower is going to pay back the lender, making you the bank!
Kevin Galang, of Note Nuggets gives some great advice, and four great ways to start turning other people's debt into your income through note investing:
Explaining the four ways you can get started as a note investor:
-Utilizing note blogs, websites and newsletters
-Creating your own notes using creative collateral
-Using a self-directed IRA