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Millionaire Mindcast

Build Wealth By Becoming The Bank And Leveraging The Power Of Note Investments and Debt Lending | Fred Moskowitz

Millionaire Mindcast

Matt Aitchison

Productivity, Stocks, Realestate, Lifestyle, Finance, Commercialrealestateinvesting, Personalgrowth, Entrepreneur, Business, Entrepreneurship, Rich, Mastermind, Money, Personalfinance, Millionaire, Mentorship, Realestateinvesting, Success, Mentor, Wealth, Investing, Millennials

4.4716 Ratings

🗓️ 13 May 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Host: Matty A.

Guest: Fred Moskowitz

Episode Summary:
In this insightful episode of "Money Moves," Matty A. welcomes Fred Moskowitz, an expert in note investing, to discuss the intricacies and benefits of investing in mortgage notes. Fred shares his vast experience and insights into how note investing can be a lucrative alternative to traditional real estate investments, providing stability and predictable cash flow.

Guest Bio:

  • Fred Moskowitz is an educator and author dedicated to teaching the benefits of note investing. He champions this niche market, emphasizing how individuals can become the bank, earning passive income through secured debt. His approach transforms traditional real estate financing by allowing investors to step into the role of lenders.

Key Topics Discussed:

  1. Introduction to Note Investing:

    • Explanation of note investing as purchasing debt secured by real property.

    • Benefits of becoming the lender rather than the borrower.

  2. Advantages of Note Investing:

    • Passive income generation through receiving monthly payments.

    • Avoidance of typical landlord issues like tenants, toilets, and trash.

    • Ability to scale investments according to capital availability.

  3. Challenges and Risks:

    • Importance of due diligence and understanding compliance issues.

    • Navigating the varying regulations across different states.

    • Strategies for managing risks and threats to investment security.

  4. Strategies for Success:

    • Diversification across multiple notes to mitigate risk.

    • Insights into different types of notes, such as residential, commercial, and hard money loans.

    • The impact of changes in the economy and capital markets on note investing.

  5. Educational Resources and Opportunities:

    • Importance of education in note investing through books, podcasts, and workshops.

    • Recommendations for conferences and networking within the note investing community.

Time-Stamped Sections:

[00:00] Introduction to Fred Moskowitz and the concept of note investing.

[10:00] Deep dive into the benefits and strategic advantages of note investing.

[20:00] Discussion of risks and how to effectively manage them.

[30:00] Strategies for building a successful note investing portfolio.

[40:00] Q&A on getting started in note investing and further resources.

Notable Quotes:

  • "Investing in notes allows you to step across the aisle and become the bank, receiving instead of making monthly payments." — Fred Moskowitz

  • "Life is too short to deal with tenants, toilets, and trash." — Fred Moskowitz

  • "Diversification is as crucial in note investing as it is in any other form of investing." — Fred Moskowitz

Calls to Action:

  • Visit FredMoskowitz.com or GiftFromFred.com to connect with Fred and learn more about note investing.

  • Check out Fred's book, "The Little Green Book of Note Investing," available on Amazon for those looking to deepen their understanding of this investment strategy.

 



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Transcript

Click on a timestamp to play from that location

0:00.0

What's going on, Million to Mycast, fam.

0:11.7

Welcome into today's episode.

0:14.5

I've got a great guest in Mr. Fred Moskowitz.

0:18.9

He is an alternative asset investor specifically in note investing.

0:25.0

And if you're somebody like me who is always looking for ways to build wealth while working

0:34.5

less, then this will be one that you want to pay attention to. This is what I like

0:40.9

to call the holy grail of investing when you can find investment opportunities that ultimately

0:46.7

put you in the best position, at least the most protected position, with high yielding returns,

0:53.2

with lower potential risk and less time, energy,

0:57.5

and effort that has to go into it, which ultimately, we always say the top of the totem

1:01.4

pole is being the bank.

1:02.9

This is the conversation that we got into today around note investing.

1:07.6

And he talks about all the different aspects of it, the passive ways of going about it,

1:14.2

the active ways of being involved in it, the risks you got to, you know, pay attention to,

1:19.4

which notes you should stay away from. How do you do due diligence? Where do you find these

1:24.0

opportunities at? How do you break into this space? I tried to ask any and every

1:28.8

question that I know many of you are going to have when thinking about this as an investment

1:34.5

strategy. So I hope you enjoy today's episode. Without further ado, let's dig in to today's

1:41.0

interview with Mr. Fred Moskowitz. Let's take a quick break in here from today's show sponsor.

1:49.0

If you got into real estate to build wealth and gain financial freedom,

1:52.8

but unlike most investors, you're just stuck in the grind.

1:55.6

Maybe you're wholesaling or flipping houses, you're managing rentals that are barely cash flowing.

...

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