Updated over 10 years ago on . Most recent reply
Passive real estate investing made super easy!
No tenants, toilets or trouble. Some investors are active and some are passive. I personally enjoy buying mortgage notes / trust deeds and holding the paper instead of the property as a passive investor. Acting as the bank and collecting interest leaves someone else in charge of the property management, vacancy and phone calls and possible lawsuits. Holding trust deeds / mortgage notes pays me 12% annually and there is no maintenance through the servicing center I use.
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Bob Malecki
#4 Tax Liens & Mortgage Notes Contributor
#4 Tax Liens & Mortgage Notes Contributor
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- Kingston, WA
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Bob Malecki#4 Tax Liens & Mortgage Notes Contributor
#4 Tax Liens & Mortgage Notes Contributor
- Investor
- Kingston, WA
Amen Brother, I agree! Although 12% is on the low side in today's market.
Bob