We're now putting a seven-minute timer on our discussions to dive deep into the stories of deal makers and their ventures. In this blog post, I'm thrilled to share the insights from a recent episode where I had the pleasure of inviting my friend Shelby, co-host of the Naked Notes podcast, to join me on the show.
The Naked Truth About Note Investing
Shelby, a fellow podcaster and an expert in the financial realm, graced us with her presence to talk about her journey and the podcast she co-hosts with Jasmine, Naked Notes. Their mission? To engage in fun, honest, and authentic conversations about all things financial, including mortgage notes, passive income, private money, and funds. For those of you intrigued by the prospect of making passive income or delving into the secondary mortgage market, Naked Notes is your go-to resource.
The Story Behind "Naked Notes"
Curiosity got the better of me, and I had to ask Shelby about the origin of their podcast's unique name. She explained that "Naked Notes" is a testament to their commitment to truth and transparency. They strip away the fluff and get down to the nitty-gritty, even discussing deals that didn't pan out as expected. The goal is to encourage listeners to be metaphorically "naked," embracing honesty and authenticity in their financial endeavors. And yes, we did share a light-hearted reminder to keep the clothes on while tuning in!
The ABCs of Note Investing
When it comes to note investing, Shelby emphasized the importance of education. She recommended Jasmine's Note Assistance Program as a valuable resource for those looking to get their feet wet in this field. With a plethora of communities and resources available, the key is to arm yourself with enough knowledge to navigate the potential pitfalls of note investing.
Shelby's Investment Journey
Shelby's own investment journey began with a rental portfolio that she aimed to transition into seller finance loans. This exploration led her to the world of note investing and originating notes, a path that many investors seem to follow, moving from renting to focusing on the financial side of real estate.
Opportunities Abound for Note Holders
Shelby highlighted the significant opportunity presented by alternative investing, which opens doors to avenues not widely recognized in the mainstream. Note investing, in particular, offers multiple exit strategies, providing a stark contrast to traditional real estate's single-exit approach.
More Than Just Interest: The Profitable Paths of Note Holders
Next Steps
Disclaimer: The content shared on this podcast is for informational purposes only and should not be taken as financial, legal, or tax advice. The views and opinions expressed are those of the host, Susan Reilly, and any guests, and do not necessarily reflect the official policy or position of any agency or organization.
Susan Reilly is a licensed real estate broker, but this podcast is not a substitute for professional advice. We strongly recommend that you consult with a qualified financial advisor, legal counsel, and tax professional before making any financial decisions or taking any actions based on the information provided in this podcast.