Real Estate Investing VS. Note Investing
Are you planning on investing in real estate but not sure about the advantages of investing in real estate vs. note investing? If so, you’ve come to the right place! In this article we will list for you the differences between investing in real estate versus note investing
Investing in Real Estate
When you invest in real estate such as: townhomes, condos, single-family homes or apartments, you should be prepared to do a lot of work especially if you plan on managing your rental properties.
Overseeing your properties can turn into a full-time job, some of the responsibilities include: tenant selection and placement, rent collection, customer service, maintenance and so much more to provide
the oversight and quality services to keep your tenants comfortable.
Investing in Notes
If the idea of owning real estate is appealing but, you don’t want the bother and you don’t want to hire a property management company, you may want to consider investing in notes.
When you invest in notes, you can eliminate having the hassle of having to deal with tenants or your property management company because owning a note is a truly passive endeavor.
When you own a note, you will receive a payment from the original borrower on a monthly basis and there’s no work or effort required to continue receiving those payments, so you can effectively grow a portfolio of notes with without hassle.
Contact Strategy Properties
To learn more about real estate investment opportunities in the Detroit area contact strategy properties today at (734) 224-5454 or connect with us through website strategyproperties.com