Real Estate Vs Notes
Today I want to talk to you about the advantages of the note over owning real estate when you own real estate you have closing costs utilities, taxes, insurance, mortgage payments repairs major repairs like roof water heater and paint.
Now, most people when they owned real estate if they’re not living it in at themselves then the turnaround in the rented out. So then you have tenants, toilet, trash and turn over. Now, let’s look at the notes that you own a note on a piece of property and you’ve given them finance. You own a note, you do the due diligence before your purchase to know and percent you borrowed it what that means as you put it with the servers or that collects the monthly payments for you you record a note with your recorder of deeds office in the county and whether the property is located.
You notify the homeowner that you are the owner of the then must have yourself put on the insurance policy and then additional insured and then just sit back and wait for direct deposit and your checking account or have a check sent. So if you look at this you can see there’s a great many advantages over having something simple has only 10 versus only real estate. If you have any questions you can contact me at 201-807-3382 to thank you.
If you want to know more about notes, please contact me or we can make a Free 30-minute Consultation.
Real Estate Vs Notes
Real Estate Vs Notes