Why This Investor Chooses Seller Financing Notes Over Everything Else with Tracy Z Rewey

Would you rather be the bank instead of the landlord? Then note investing may be for you. On today’s episode, we talk with Tracy Z Rewey, note investor, about how you can be on the other side of the cash register by investing in seller financed notes. Tracy began investing in notes over thirty years ago when she quickly realized that she’d rather be a lien-lord than a landlord. We discuss with Tracy exactly what note investing is, the difference between performing and non-performing notes, how to find potential sellers of notes, and why understanding seller financed notes is a valuable tool to have in today’s market. Tracy also shares with us the three parts of seller financing notes when analyzing a deal.    Tracy Z Rewey has handled millions of dollars in owner financed real estate notes since 1988. She headed up the due diligence department for one of the nation’s largest owner finance note buyers as VP of Production for Metropolitan Mortgage & Securities. Loving the business but wanting to work for herself, Tracy left the institutional investor side in 1997 to start Diversified Investment Services, Inc., a note buying company and NoteInvestor.com, an online newsletter for private investors. Tracy specializes in the use of tax-advantaged retirement funds to purchase real estate notes and helps landlords convert to “lien-lords” by safely creating and holding paper. A well-known educator, she has a passion for sharing her knowledge and guiding others on their note investing journey. On today’s episode, we discuss a ton with Tracy including: How beginners can invest in notes The different types of note investing How to approach potential sellers of notes The due diligence required when note investing Red flags to watch out for when underwriting a note Books/Resources 5 Ways to Cash in On Notes eBook Invest in Debt by Jim Napier The Miracle Morning by Hal Elrod   Contact Information wizewomeninvestors.com Facebook- Wize Women Investors   We have partnered with the Best Ever Conference to offer our InvestHER community discounted tickets for this year’s virtual conference that is happening from February 18 - 21! If you are looking to invest in Commercial Real Estate...this virtual conference is a MUST attend!! This year’s virtual conference will feature hand-picked industry leading speakers, free mini-coaching sessions, exclusive content on member's only Facebook and LinkedIn group pages and much more! Liz, one of the founders of InvestHER, is so excited to be speaking at this year’s conference! Liz began investing in 2005 with very little of her own money. Her company now owns and controls over 1000 units of residential and commercial assets throughout the east coast. She has put together a powerful session called “How to Build a Powerhouse Investing Team.” She will be discussing the critical steps to finding, cultivating, and growing a successful team and/or partnership. You will walk away with new insights and strategies to form the perfect team to achieve your real estate investing goals! Although the ticket price is going up every week, we were able to "lock in" a ticket price of $547 for our InvestHER community!  CLICK HERE TO BUY YOUR TICKET!  https://www.bec2021.com/investher And, special bonus, if you are a STRIVE InvestHER Member, you will receive an extra 35% OFF! If you are a SOAR member, you will receive an extra 20% off!  Just head over to the STRIVE and SOAR FB Groups to get the coupon code!    InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1)  The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.    Subscribe via Itunes  Subscribe via Android  Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!   3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada.  Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther