A day in the life of a full time note investor

[Adam Johnson]

Hello all,

I've been looking at notes as an investing strategy for about a year now, I'll hopefully be pulling the trigger on my first purchase in the next few months.  Very frequently we learn that the reality of something turns out to be extremely different from how we perceive it to be; I am wondering if the note business is the same.  I have very much enjoyed the conversations I've had on bigger pockets with some of the note focused investors on the site, from what I can see so far it is the type of business that you can conduct from a computer and a cell phone and remain mobile while still working which seems like a big plus to me.

Would it be possible for the full time note investors on the site to get into what a normal day looks like for them?  I would expect that these explanations can vary pretty significantly when described by someone who is just starting out vs. someone who has a few notes under their belt, to someone who has scaled their business; the more responses the better!

[Bob Malecki]

My day: 

• Meditate
• Read news feeds, 1st coffee
• Read new email from overnight
• Sort today's tasks/2-do's, second coffee
• Walk with wife and dog
• weekly phone conference with partners
• respond to emails
• review collateral files on new offers
• review assets on new tapes
• compose offers on new assets
• lunch
• review servicing notes on problem assets
• email review/response with vendors/counsel on foreclosures and REO props
• check tasks in Google and Insightly
• assign tasks to VA
• dialog with partners on Basecamp
• afternoon walk with dog or go to gym
• final email/task review, defer/snooze non-critical items
• dinner with family
• couch surfing

Next day

• repeat previous day

All of the above beats having to deal with tenants and contractors any day of the week!