Do you have a goal to retire with a lot of Rental units, I did.
What a great plan, regular monthly income, work from home, it sounds good, right?
I dabbled in Real Estate for years, but then, looking towards retirement, started seriously acquiring properties. I liked to take care of my own properties, did almost everything myself.
After 15 years of toilets, tenants, late rental payments, repairs, vacancies, I got tired. And when I analyzed the numbers, it was depressing, and that didn’t even including at my time and energy.
The average profit from rentals nationwide: 10 cents for every dollar of rent. I didn’t believe it till I did the math, that’s when I really knew it was not a viable retirement plan. I had to find a way to do less work, and make a lot more money.
Now don’t get me wrong, if you buy right, you can make money, by holding/renting the property and waiting for the neighborhood to appreciate. Location, Location, Location. But that isn’t cash flow, and it still doesn’t solve the work part.
Enter a tired landlord turned Note investor. One hour of ‘Notes 101’, over dinner one night, and I was intrigued… not sold, but ready to investigate this as a Real Estate alternative to my rentals.
Fast forward:
- I’m sold and all in.
- I am strategically selling my rentals and offering financing.
- I hold the notes, which gives me consistent monthly income, plus I then pay less in capital gains taxes.
- I have easy options; I can hold or sell the notes if I want to move my funds to another investment.
- I am getting more monthly income with a lot less work, I mean like no work.
- And I have the peace of mind that my money is backed by Real Estate and is secure.
Want to see if Notes is a good fit for your future – Contact Us