273: An Introduction to Passive Income Through Real Estate Note Investing with Dave Van Horn

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 5 April 2018

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Most people understand the world of rental properties, house flips, and other common real estate investments. But there is one little-known niche that could provide massive cash flow and profits without the headaches: note investing. In this episode of the BiggerPockets Podcast, we sit down with Dave Van Horn, author of Real Estate Note Investing, to talk about how anyone can get started with real estate note investing—even as a first investor. In addition to a great conversation about notes, you’ll also hear some of Dave’s powerful strategies for getting his real estate offers accepted, how he started his investments using the BRRRR strategy (with credit cards!) and much, much more. In This Episode We Cover: What is a note? The types of notes available Ways to start investing in notes How much cash one needs to have a note Dave’s backstory as a real estate investor Dave’s shift to note investing What hard money is Three things you need to put together a deal Getting bank financing Performing vs. non-performing notes Shadowing and how to do it Making multiple offers What happens when a performing note becomes a non-performing note? About the book And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Calculators Veggie Tales: Song of the Cebu BiggerPockets Podcast 028: Note Investing and Raising Private Money with Dave Van Horn Prosper Books Mentioned in this Show Multiple Streams of Income by Robert Allen Real Estate Note Investing by Dave Van Horn The First Entrepreneur by Edward G. Lengel Abundance by Peter H. Diamandis Fire Round Questions Is it possible to purchase your own Non Performing Note? If I want to be an individual NOTE investor, how much money do you need to have to play? Would it be a smart strategy to buy NPN or defaulted mortgages just to foreclose on them for profit? Tweetable Topics: “It’s not only about what you’re paying, it’s about how you’re paying it.” (Tweet This!) “You don’t need any money, you just need a deal.” (Tweet This!) Connect with Dave Dave’s BiggerPockets Profile Dave’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Bigger Pockets Podcast Show 273.
0:07.0	You know, my 85 year old mother invests in performing notes.
0:10.0	She's like a little note queen.
0:12.0	Because it's that simple. It's the payments are
0:14.3	A. C. H. to endure a bank account every month from the servicer.
0:17.3	You're listening to bigger pockets radio. Simplifying real estate for
0:22.3	investors large and small. If you're here looking to learn
0:25.8	about real estate investing without all the height, you're in the right place. Stay tuned
0:31.2	and be sure to join the millions of others who have benefited from bigger pockets.com.
0:36.0	Your home for real estate investing online.
0:39.0	What's going on everyone? This is Brandon Turner. today's host of the BiggerPockets
0:44.8	podcast here with my incredibly awesome co-host Mr World Traveler himself David Meyer
0:52.2	how you doing?
0:53.0	Good man. I think that was like the nicest introduction I think I've ever gotten.
0:57.0	Good, that's good. You know, it's been a while since you've been on the show because you've been
1:02.0	Travercing, that's the word, all over the world it sounds like, the continents?
1:06.4	Yeah. Where'd you go? Tell's where you're going.
1:08.4	I was in Chile. I was there for three weeks. It was awesome. Thank you BiggerPockets for giving for three weeks it was awesome thank you bigger pockets for giving me three weeks
1:14.6	Okay, what are you doing? What are you doing chill is it Chile is that am I saying that right?
1:19.4	She like yeah exactly I would just say chilly but is it not chilly it's Chile I think we could say it either way no I'm like a horrible American
1:26.2	talking about either way yeah that's true what you do I? I went with my girlfriend and we did a five day
1:32.2	track hike around Torres del Taini which is a really cool area
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.