In this episode, I welcome back my good friend and legendary note investor, Eddie Speed. With over 50,000 notes purchased and more than 25 years of teaching under his belt, Eddie is known as the “Note King” for a reason. If you’re a tired landlord looking for less stress and more cash flow—or if you’re simply seeking a smarter, more passive way to invest in real estate—this episode is going to open your eyes.

We dig into how note investing compares to traditional rentals, why now is the perfect time to pivot, and what makes a “good” note in today’s economy. Eddie also shares insider strategies on seller financing, leveraging, and how to generate long-term passive income without the tenant headaches.

Timeline Summary

[0:00] – Introduction

[1:17] – Why more landlords are ditching rentals and turning to note investing

[2:22] – What’s wrong with today’s rental math—and how notes solve the problem

[3:06] – What is a “note,” and how it makes you the bank (not the landlord)

[4:40] – $250K in rentals vs. $250K in notes: a cash flow comparison

[5:54] – How seasoned investors are converting entire portfolios to seller financing

[7:00] – The current market cycle: Why we’re in a “note era” not a rental one

[10:21] – The formula for a “good” note: Property, buyer, and sticky payments

[12:23] – How Eddie created a marketplace for burnout landlords to transition to notes

[13:35] – The built-in cushion notes provide vs. rental property risks

[15:16] – What most investors actually want: time back and risk-managed returns

[20:15] – Leveraging techniques for when you run out of money

[23:13] – How to join Eddie’s free note masterclass for Profit First listeners

[26:32] – The #1 business stressor Eddie warns investors about: bad accounting

5 Key Takeaways

Note investing provides better cash flow with significantly less stress than rentals.
Now is a prime time to be in notes—especially as inflation eats into rental profits.
Good notes start with good properties and qualified buyers—there’s a formula.
Eddie has created a marketplace and training for landlords to transition with support.
Financial systems matter: poor accounting has caused more losses than bad deals.

Links & Resources

Free Masterclass for Profit First listeners: NoteSchool.com/ProfitFirst
Want to get your finances in order? Visit www.simplecfo.com

If you’re feeling the squeeze in your rental business or just want a more passive path to financial freedom, don’t miss this one. Be sure to rate, follow, and share the podcast if you got value from this episode. Let’s help more investors go from burnout to bankable!

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