Hey note investors! In today's episode, we're tackling a question that comes up all the time: Performing vs. Non-Performing Notes - which one is right for you? Scott Carson dives deep into the pros and cons of each, sharing his insights and experiences to help you make an informed decision for your investment strategy.
Key Topics Covered:
- What are Performing Notes? Understand the definition of a performing note and why seasoning is crucial.
- Pros of Performing Notes: Learn about the advantages of steady income and a more passive investment approach.
- Where to Find Performing Notes: Explore platforms and sellers of performing notes, and why big banks aren't your best bet.
- Non-Performing Notes: A Deeper Dive: Discover why non-performing notes offer bigger discounts but require more work.
- Working with Borrowers: Why it's crucial to work with borrowers in default to maximize returns and avoid foreclosure.
- Re-Performing Notes: The Best of Both Worlds? Find out what re-performing notes are and the returns you can expect.
- Assessing Risk in Re-Performing Notes: Due diligence checklist to know to help mitigate some common tax errors.
- Investment Goals: Aligning investments with personal life goals, whether it is to create passive income or make some additional revenue.
- Financing your Notes: Understanding financing and knowing if it is right for you to finance your notes versus using cash.
Actionable Takeaways:
- Understand your risk appetite and desired level of involvement.
- Factor in your financing strategy and required returns for investors.
- Identify potential opportunities for non-performing assets to become re-performing.
Whether you're drawn to the steady income of performing notes or the potential for higher returns with non-performing assets, this video will give you the insights you need to choose the right path for your note investing journey.
Watch the original VIDEO HERE!Links & Resources:Book a call with Scott Carson:
HTTP://talkwithscottcarson.comNote Weekend (Free Monthly Class):
HTTP://noteweekend.comThree-Day Workshop:
HTTP://notebuyingfordummies.comMore Info: weclosenotes.com
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