E45: Uncover the Hidden Potential of Land Notes Investing! [real estate]

Cash Flow Fight Club

Are you considering investing in land notes? Want to earn above-average returns without a lot of hassle?

Our latest episode explores whether investing in real estate land notes is truly worth it. Join us as we explore the ins and outs of this investment opportunity; how it beats the stock market with lower risk; discussing the potential benefits and risks involved.

Watch or listen in to gain valuable insights into the world of land notes as passive income investments and decide if it's right for you. Investors and developers Crystal and Rick Rumer, explain how they leverage owner financing to create monthly income streams for passive investors.

Find out how you can diversify your portfolio through this set-it-and-forget-it type of real estate investment.

Here are some power takeaways from today’s conversation:

00:00

02:50 - How Crystal and Rick got into the real estate industry

09:12 - Real estate investing during financial crisis

16:12 - The flexibility of real estate investing

20:09 - What is a real estate note?

23:20 - The benefits of a note

24:30 -The importance of thorough borrower vetting and underwriting for real estate notes

32:41 - The process of transferring real estate note documentation to new investor

54:42 - The power of steady, reliable investing

Episode Highlights:

[09:13] The Power of Adaptability in the Early Stages of Real Estate Investing

When they started with real estate investing, Crystal and Rick started with fix and flips and wholesaling, taking an open-minded approach to allow each deal to guide their strategy of acquire and exit. By allowing each transaction to dictate the strategy, it helped spark their creativity and provided valuable lessons that optimized their process over time.

[20:09] What is a Real Estate Note?

A real estate note refers to the documentation involved in a property transaction that includes a promissory note, deed, and deed of trust. The promissory note outlines the terms of the loan between the borrower and lender such as the loan amount, interest rate, repayment period, and payment schedule. The deed transfers ownership of the property to the buyer. And the deed of trust provides collateral for the loan by placing a lien on the property which allows the lender to foreclose on the property if payments are missed, protecting their investment.

[23:20] The Benefits of Notes

Real estate notes provide benefits to both borrowers and investors. For borrowers, notes allow them to purchase property through owner financing without requiring strong credit or a large down payment. Investors are able to earn a fixed rate of return through monthly interest payments as outlined in the promissory note. Notes also offer limited downside risk for investors, as the property acts as collateral in case of default.

Resources Mentioned:

www.texassecurednotes.com
You can contact Rick at [e-mail] and 817-845-6764
You can contact Crystal at [e-mail] and 907-342-2214
Check out the charity where you can donate at: Priceless - Home (pricelessalaska.org)