Real estate and note investing are obviously not risk-free. While note investing is a safer type of investment in my opinion, at some point there is a possibility of losing money.
A lot of us will go into an investment and have a specific exit in mind, but sometimes it doesn’t pan out the way you had planned.
I’ve seen a physical reaction in people at the thought of losing money. It’s almost visceral. And that physical reaction can STOP you in your tracks.
Nobody likes to lose money, and nobody likes to “fail” when they try new things. Losing money and “failure” is only a failure if you don’t learn from it. Don’t let fear distance you from saying YES to future opportunities. Your family’s future may be at stake!
You have to know that you can bounce back from the bottom. If you built it once, you can do it again…you just need to breathe through it.
You can hedge against losing money by following 3 simple rules:
➡️ educate yourself
➡️ do your due diligence
➡️ be willing to pivot
Don’t put your blinders on when faced with a potential loss. Instead, pivot your exit strategy change your direction, or be willing to give it a bit more time. Hopefully you have built in a contingency and are willing to give yourself time to hedge against the loss. That’s part of the beauty of Note Investing. We can pivot and turn that potential loss into potential profit instead.
If you want to learn how to invest in notes and help people, connect with me!
TAKE THIS FREE VIDEO SERIES TO LEARN THE BASICS ABOUT NOTE INVESTING
Get the 411 in this quick easy to digest video series, so you have a more comprehensive idea of what it is and if it’s the right next step for you.
ABOUT PAIGE:
Paige Panzarello is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for almost 25 years, Paige has experienced many facets of real estate investing. Her experience includes founding and running her own Residential and Commercial Construction and Acquisition companies, Buy and Hold residential and commercial real estate investing, Tax Deeds/Liens Investing, Fix and Flip (Residential Remodeling), and other forms to name a few. She currently focuses on Non-Performing Notes that she purchases all across the United States. Whether in notes, residential or commercial real estate, in California, Arizona, or nationwide, Paige has been successful in completing over $150 million in real estate transactions to date.
It is so sad to me that schools don’t teach anything about finances, the value of saving and investing money, and how to avoid living paycheck to paycheck.
Did you know that most Americans aged 40 don’t even have $25,000 saved in their bank account? Is that ringing true for you? These days, you need at least 70% of your income today to retire, and that does not factor in any necessary assistive health care, which can be quite costly (usually over $6000 a month on average).
Start looking at investment vehicles that are available to you so you can have security for your retirement. Word of caution: you may want to make sure you have some semblance of control over your invested dollars.
It may seem daunting, but it’s not too late. You CAN take control of your financial future and retirement; And then consider generational wealth to pass onto the next generation, so that they can have a leg up in their future.
Now is the time to start planning for your future. Now is the time to start building your wealth! Find out the truth about how much retirement income you need, and schedule a FREE call with me!
TAKE THIS FREE VIDEO SERIES TO LEARN THE BASICS ABOUT NOTE INVESTING
Get the 411 in this quick easy to digest video series, so you have a more comprehensive idea of what it is and if it’s the right next step for you.
ABOUT PAIGE:
Paige Panzarello is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for almost 25 years, Paige has experienced many facets of real estate investing. Her experience includes founding and running her own Residential and Commercial Construction and Acquisition companies, Buy and Hold residential and commercial real estate investing, Tax Deeds/Liens Investing, Fix and Flip (Residential Remodeling), and other forms to name a few. She currently focuses on Non-Performing Notes that she purchases all across the United States. Whether in notes, residential or commercial real estate, in California, Arizona, or nationwide, Paige has been successful in completing over $150 million in real estate transactions to date.
Don’t be fooled! Equity is nice, but as a note investor you are only owed as much as you are owed!!!
I have educated not only individual sellers but also banks and hedge funds regarding this big myth about note investing and where we should be in terms of our price point.
A lot of people focus on so much equity in the house. Equity means that the borrower owes less than the house is actually worth. Sometimes note investors (especially uneducated note investors) fall into the trap of overpaying for the note because the house is valued at so much more, and they see a big, giant bubble of equity that they think they can tap! Be careful!
Like I said, in notes investing, you are only owed as much as you are owed. 💯
Unless you take control of the property by:
1 – Getting the borrower to sign the deed of the house over to you as payment in full for the loan *Deed In Lieu of Foreclosure (which is one of the many exits’ strategies in notes investing)
2 – Taking this property to foreclosure auction. (My least favorite exit strategy). You get to set the opening bid, but only up to as much as is owed. I share how you may take a loss in this situation.
You cannot capture that equity unless you take control of the house. Equity does not matter unless you take possession of the house. 🔑
Base your price not on the equity of the home, but on the unpaid principal balance of that loan (never do this if there is NOT equity in the house-that is a topic for another time). I share some numbers in this video to help explain! You do not want to overpay for the note because of the ‘illusion of the equity’. Buyer beware! Do not be lured by the ‘equity’ in a home.
If you do not want to overpay for a note because of the illusion of equity, be careful when dealing with new sellers and connect with me!
TAKE THIS FREE VIDEO SERIES TO LEARN THE BASICS ABOUT NOTE INVESTING
Get the 411 in this quick easy to digest video series, so you have a more comprehensive idea of what it is and if it’s the right next step for you.
ABOUT PAIGE:
Paige Panzarello is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for almost 25 years, Paige has experienced many facets of real estate investing. Her experience includes founding and running her own Residential and Commercial Construction and Acquisition companies, Buy and Hold residential and commercial real estate investing, Tax Deeds/Liens Investing, Fix and Flip (Residential Remodeling), and other forms to name a few. She currently focuses on Non-Performing Notes that she purchases all across the United States. Whether in notes, residential or commercial real estate, in California, Arizona, or nationwide, Paige has been successful in completing over $150 million in real estate transactions to date.
Are you already investing in notes or planning to start? 🤔
Whatever stage you are in, I have a question for you! ❓
What surprised you the most about it?
My students from the Building Wealth with Notes Workshop mentioned to me that what surprised them the most was how refreshingly collaborative the note investing space is! 🫂
Contrary to other forms of real estate investing where competition is fierce, and you don’t want anyone to swoop in and take your deal away, note investing is all about the people. It is about networking with people who can help you create and build success. 📈
It’s not to say that competition does not exist in the note investing space–of course it does! But it is a gentler form of competition. There is general camaraderie and a willingness to collaborate.
While other real estate investment spaces are less collaborative and all about being solitary, note investing is about the relationships you establish. You build on relationships and the success is a natural progression. If you want to work and be successful together, let’s learn and understand how the note investing space is collaborative!
TAKE THIS FREE VIDEO SERIES TO LEARN THE BASICS ABOUT NOTE INVESTING
Get the 411 in this quick easy to digest video series, so you have a more comprehensive idea of what it is and if it’s the right next step for you.
ABOUT PAIGE:
Paige Panzarello is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for almost 25 years, Paige has experienced many facets of real estate investing. Her experience includes founding and running her own Residential and Commercial Construction and Acquisition companies, Buy and Hold residential and commercial real estate investing, Tax Deeds/Liens Investing, Fix and Flip (Residential Remodeling), and other forms to name a few. She currently focuses on Non-Performing Notes that she purchases all across the United States. Whether in notes, residential or commercial real estate, in California, Arizona, or nationwide, Paige has been successful in completing over $150 million in real estate transactions to date.
Did you know that your actions will always follow your beliefs? 🚶♀️
If you believe you can do something, then you are right. If you believe that you cannot do something, then you are right.
Your actions are dictated by your beliefs.
If you think note investing is something that you cannot do, then you are right.
But if you believe you can do it, then you are already more than halfway to your success!. You’re going to take action to establish relationships with people who are going to help you be a successful investor. 💯
You make things happen when you put action behind the belief that you can be a note investor (or any kind of investor) and you can do anything in this life that you want to! 🏋️♀️
If you feel that investing in real estate is NOT possible for you, I challenge you to put your mindset in check! The difference between CAN and CANNOT is all in your mind. 🤓
“I can do this, I will do this.” Use this as an affirmation every day to help motivate you, to help you believe you can.
Surround yourself with others that lift you up and believe in you. And reach out to me!
TAKE THIS FREE VIDEO SERIES TO LEARN THE BASICS ABOUT NOTE INVESTING
Get the 411 in this quick easy to digest video series, so you have a more comprehensive idea of what it is and if it’s the right next step for you.
ABOUT PAIGE:
Paige Panzarello is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for almost 25 years, Paige has experienced many facets of real estate investing. Her experience includes founding and running her own Residential and Commercial Construction and Acquisition companies, Buy and Hold residential and commercial real estate investing, Tax Deeds/Liens Investing, Fix and Flip (Residential Remodeling), and other forms to name a few. She currently focuses on Non-Performing Notes that she purchases all across the United States. Whether in notes, residential or commercial real estate, in California, Arizona, or nationwide, Paige has been successful in completing over $150 million in real estate transactions to date.
Whether a long-term or short-term investor, what’s your exit strategy? 🚶
An exit strategy means concluding your investment.
For example, if you are in a fix and flip situation, you have a singular exit strategy. 1️⃣
You’ve put a hard money loan in place, and that hard money loan is short-term.
It’s probably expensive, but it allows you to fix that broken property.
The exit strategy is to sell it to an end user, pay off your hard money loan, and hopefully end up with a profit. 💲
If you’re in a situation where you’re investing in other types of real estate, it’s very likely that you’re not going to have 23 different exit strategies that you can exercise to mitigate your risk in the event that you need to pivot.
The beauty of note investing is that there are 23 different exit strategies that help you mitigate your risk.
We normally use 4 main exit strategies in note investing (although there are 23!). So, if we are in the mindset to pivot to gain profits, you have options.
One of my favorite ways is by getting the borrower to re-perform, and start paying their mortgage.
If I can’t do that, however, I can pivot to many other exit strategies, so I can maintain my profit and keep my investment secure.
There are so many ways to exit a note investment with a profit. 💰
Let me help you with an exit strategy for your investments so you can keep growing your profits and build your wealth destiny📈
TAKE THIS FREE VIDEO SERIES TO LEARN THE BASICS ABOUT NOTE INVESTING
Get the 411 in this quick easy to digest video series, so you have a more comprehensive idea of what it is and if it’s the right next step for you.
ABOUT PAIGE:
Paige Panzarello is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for almost 25 years, Paige has experienced many facets of real estate investing. Her experience includes founding and running her own Residential and Commercial Construction and Acquisition companies, Buy and Hold residential and commercial real estate investing, Tax Deeds/Liens Investing, Fix and Flip (Residential Remodeling), and other forms to name a few. She currently focuses on Non-Performing Notes that she purchases all across the United States. Whether in notes, residential or commercial real estate, in California, Arizona, or nationwide, Paige has been successful in completing over $150 million in real estate transactions to date.
