Investing in real estate comes in many forms, including paper. If you are looking for a secure way to invest in real estate and get an above market return on your money, buying a secured interest in real estate is an excellent way to do this. You can purchase a note (and deed of trust) at a discount, a real estate contract at a discount, and receive a rate of return that is substantially above the rate in the original note. I used to work for the largest purchaser of notes in the State of Washington, and traveled the State enforcing the notes we purchased. There’s a lot to doing this, and a full explanation is beyond the scope of this brief blog entry, but you should be aware of this opportunity. I’ve had clients who have a retirement based completely on their income from the discounted notes they purchased. It’s very cool, but there are many traps for the unwary, so know what you are doing, or get professional help.
Last Updated on August 12, 2007 by Chuck Marunde
