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The 20 Most Asked Questions About Note Investing
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Note Investing: Separating AI Fiction from Expert Facts
Artificial Intelligence might be a hot topic, but even Big Brother gets wrong a large chunk of the time when it comes to researching the niche of note investing. We recently asked Google's AI about the Top 20 Questions Asked About Note Investing and what it returned with was some watered-down answers to the biggest questions.
So I took the time to review each question and answer it correctly so that new note investors don't make the mistake of just believing everything written on the internet. I'm sure you will find this episode interesting and chuckle at where Google gets it wrong and the Note Guy gets it right!
Here is the list of the 20 questions that AI stated were the most asked:
- What is note investing?
- How much money do I need to start note investing?
- What are the potential returns on investment with note investing?
- Do I need a real estate license to invest in notes?
- Where can I find notes to invest in?
- What is the principal balance of the note?
- What is the interest rate on the note?
- Is the borrower current on their payments?
- What is the term of the note?
- Does the note have any guarantees or endorsements?
- What happens if the borrower defaults on the loan?
- What are the costs associated with loan servicing?
- What type of property is securing the note?
- What is the fair market value of the property?
- What is the condition of the property?
- What is your investment strategy for note investing? (Cash flow, passive income, flipping notes)
- What is your risk tolerance for note investing?
- How will you diversify your note portfolio?
- What are the benefits of using a note broker?
- What resources are available to learn more about note investing?
Watch the original video HERE!
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