The Note Investing Strategy for Busy W-2 Professionals with Sierra Davis

This conversation delves into the intricacies of property financing, focusing on the roles of mortgage notes and seller financing. Sierra explains how financing works when purchasing property, the creation of promissory notes, and how these notes function as IOUs secured by the property.

The discussion also highlights the benefits of receiving monthly payments through seller financing instead of direct property ownership.

00:00 Introduction

01:23 Sierra Davis' Background and Journey

02:33 Understanding Note Investing

04:17 Getting Started with Note Investing

07:15 Evaluating Note Deals

14:04 The Three Ps of Note Investing

16:35 Paperwork and Legal Considerations

19:33 Practical Aspects of Note Investing

24:39 Third-Party Servicing and Compliance

26:58 Introduction to Servicing Transfers

28:35 Navigating State Laws and Regulations

30:37 Starting Out in Note Investing

31:36 Dealing with Non-Performing Notes

34:14 The Role of Mentorship in Note Investing

36:21 Exploring Different Types of Notes

40:32 Real-Life Example of Note Transactions

44:20 Licensing and Regulations in Note Investing

45:21 Appeal of Note Investing for Real Estate Agents

48:49 Educational Resources for Note Investing

50:15 Conclusion and Contact Information

Connect with Sierra- https://www.instagram.com/sierradavisofficial