Notes can outcash-flow rentals. Data pro turned investor Sierra Davis breaks down mortgage notes 101, buying at a discount, partials, realistic yields, due diligence, and how to start even with a self-directed IRA.
00:00 Intro
04:04 What Is a Note?
05:56 Why Notes?
08:22 Buying at a Discount
13:15 Partials: How They Work
17:52 Evaluating Deals
21:43 Non-Performing: Pros/Cons
23:06 Non-Performing Defined
24:02 Predictive Analytics in Notes
26:13 Rates & Market Impact
27:01 Note Benefits (Recap)
30:47 Scaling with Leverage
31:37 Our Investment Group
36:31 Sierra’s Founder Story
38:54 W-2 vs. Entrepreneur