This PR blog discusses some fundamentals about real estate notes and related investing.

Real estate notes are considered to be the instrument through which mortgage amount is collected. It's like a promissory note, but you are saying it to the note lender. Here, the terms are decided by two parties, which means these are mutually agreed upon them.

In some cases, people may term them as promissory notes, but sometimes, this term is used to define something else.

You can either create a note or purchase an existing one. If you purchase an existing note, it can help you in many situations.

You don't have to worry about the writing, existing laws, and other terminologies. The best part is, you don't have to worry about creating one.

However, it's essential to check all the details of the existing one, just to remain cautious.

The main concern here is how to maintain and manage this note. You can either try the go as you learn experience or learn from seasoned veterans.

Mike recommends the second option, and for different reasons. First of all, even if you are an avid self-learner, you cannot absorb all the information.

Why? You may not know where to look in the first place. Also, you cannot check if the information is correct or not.

And let's assume that you have accumulated the right information from credible sources. You still might not know how to apply the knowledge.

You might say that "I know how to apply the knowledge." Well, in that case, you may get unsatisfactory results, not know how to measure the success, and how to improve them.

There's a roundabout way of doing it by yourself. You can accrue the knowledge, but let others do the job. This is possible by hiring real estate mortgage note fund managers.

Why consider this option?

Here, you can work with managers who have years of experience. They are aware of the ins and outs and can guide you through the same.
If you don't have time to manage the assets, they can do it for you. This means more time for learning, and going on with your lives.

If you try the hands-on experience, you may face problems with sourcing the materials. And the masterstroke, liquidity. You don't have to worry about liquidity ever again.