The Wealth Without Wall Street Podcast
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.
39:31
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Quick takeaways
- Investing in mortgage notes offers a unique position as the bank, prioritizing payments and aiding borrowers in financial distress.
- Monetizing mortgage notes involves strategic communication and offering personalized solutions to maintain cash flow and optimize portfolio performance.
Deep dives
Benefits of Investing in Mortgage Notes
Investing in mortgage notes allows individuals to become the bank, providing a unique position in the real estate capital stack where one gets paid before others profit. This approach presents a humanitarian angle as investors can aid borrowers in financial distress by offering creative solutions to keep them in their homes, thereby positively impacting communities. Unlike amassing a rental property portfolio that may displace residents, investing in mortgage notes focuses on retaining homeownership and ensuring a monthly mortgage payment. This strategy can lead to substantial returns through non-performing notes, offering opportunities for investors to leverage their knowledge.
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