Note Investing, SD ROTH IRA and mentor/partner.

[Lance Austin]

It's been a long time since my last post. In the last 2 years, I have had the opportunity to buy and hold an 8 unit and flipped 2 SFR (currently flipping the 2nd). Oh, what fun. I have also joined up with a partner and we have purchased 20 SFR and sold 3. In full swing of these acquisitions, I was interested in ramping up the activity and since, I have taken checkbook control of a Roth IRA with purposes of investing in real estate. I've done a couple of hard money loans with it but I want to make it work harder. I feel like note investing is a better fit for this type of asset compared to flipping/buy and hold.

My next focus is investing in notes.  I love the idea, the risk, the reward.  

I have had my fair share of education with the 8 unit.  When I say education, I mean it has cost me many $$$ and sleepless nights.  

Before jumping into this new 'note"venture, I'm interested in a different strategy.  I'd like to partner with an experienced investor to help answer the questions, build a network and eventually scale it into a larger entity.  But first, I have to get started.  I see there are schools, classes, conferences available as well.  I would rather invest in the business of notes than throw $$$ at a seminar.  

Interested in sharing an experience and growing wealth? 

[Diane E.]

@Lance Austin - some good suggestions above.  I'd recommend taking an intro course from one of the note educators like Eddie Speed or Scott Carson, go to one of the conferences near you to meet with vendors and investors, and check out Scott Carson's info at weclosenotes.tv.  There's also a lot of info on Bigger Pockets.  @Adam Adams has a great blog. Interesting point on Adam's last blog post - do due diligence on your potential JV partners too, maybe spend a few bucks on a background check.