Investing in Mortgage Notes: Step by Step to Passive Income with Robert Hytha

Apr 11, 2024

Robert Hytha, Co-founder of FIXnotes, shares insights on investing in mortgage notes for passive income. Topics include higher returns compared to traditional investments, how to find good deals, and strategies for communicating with homeowners in financial trouble. Explore the world of mortgage note investing as a lucrative opportunity in real estate and learn how to transform active income into passive income through this niche industry.

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INSIGHT

Mortgage Notes: Be The Bank

Mortgage note investing lets you become the bank and get paid before anyone else in real estate deals.
It offers higher returns and a humanitarian angle by helping homeowners stay in their homes.

ANECDOTE

Robert's Entry Into Notes

Robert started in mortgage notes inspired by a college class and his real estate family background.
He preferred note investing as it required less hands-on labor and matched his skills better.

ADVICE

Sourcing Mortgage Note Deals

Find mortgage note deals by contacting local banks and credit unions about their non-performing loans.
Use public records, FDIC data, and foreclosure notices to identify opportunities before negotiating with banks.

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