Most people understand the world of rental properties, house flips, and other common real estate investments. But there is another little-known niche that provides strong cash flow and profits without most of the headaches: note investing.
In this episode of Colin Podcasts, I sit down with Dave Van Horn, CEO of the PPR Note Company. Dave has been investing in real estate for more than 30 years and his company buys packages of mortgages worth tens of millions of dollars.
During this great conversation we discussed
How his single mom raised a family of 6 kids
How he has always juggled multiple businesses during his career
How he used creative financing to build a portfolio with little or no money
How investors and realtors used the MLS before computers were around
How he used note investing to pay for his kids college tuition
The difference between buying 1st vs 2nd mortgages
The potential surge in mortgage defaults coming at us
The resources people can use to educate themselves on note investing
Free 66 page e-book to note investing https://pprnoteco.com/welcome/
Dave´s book on Note Investing https://www.biggerpockets.com/store/real-estate-note-investing-ultimate?utm_source=searchresult
Dave´s profile page on Biggerpockets https://www.biggerpockets.com/users/DaveVanHorn
Timing the Real Estate Market by Robert Campbell