Summary: In this episode we talk to David Campbell, the founder and Hassle Free Cash Flow Investing. He started investing in real estate part-time while he was working as a full time high school band director with zero net worth. Within six years and before the age of 30, David had become a financially independent millionaire through the vehicle of part-time real estate investing. David has been involved with new home construction, land development, commercial real estate and has been focused as a professional mortgage note investor for over a decade.<br> <br> You will learn:<br> <br> How to make money as the bank by acquiring an income producing mortgage note secured by quality real estate.<br> Why now is the best time in the market cycle to acquire a mortgage note.<br> How to buy a mortgage note to create a portfolio of tax-free and tax-deferred passive income for life.<br> Why the most savvy investors are buying real estate outside of their IRA and buying mortgage notes inside their IRA but usually not the other way around.<br> <br> <br> <br> Get your FREE copy of David's white paper on Mortgage Note Investing by emailing him at lending@hasslefreecashflowinvesting.com<br> <br> - - - - - - -<br> <br> Download your FREE copy of:<br> The Ultimate Guide to Passive Real Estate Investing.<br> <br> See our available turnkey investment properties.<br> <br> SUBSCRIBE ON ITUNES | Stitcher | Podcast Feed<br> <br> Give us a RATING & REVIEW<br> <br> <br> <br> <br> Passive Income Investing in Mortgage Notes<br> Today’s show is all about passive income and specifically, it's about mortgage notes. I have a long interview here with a good friend, who is involved with mortgage note investing and he has been for over a decade. He's very successful at it. He has a very large portfolio of notes, and he really understands the ins and outs of mortgage note investing and how to profit from it. <br> <br> <br> <br> It's my pleasure to welcome David Campbell to the show. David is a founder of Hassle-Free Cash Flow Investing. He started investing in real estate part-time while he was working as a full-time high school band director with zero net worth. Within six years and before the age of 30, David became financially independent. In fact, he became a millionaire through the vehicle of part-time real estate investing. David has been involved with new home construction, land development, commercial real estate and he has been focused as a professional mortgage note investor for over a decade. Welcome to the show, David.<br> <br> Marco, it’s a pleasure to be here with you and your audience.<br> <br> Thanks. It’s great having you here. Just give our audience a sense of geography. Where are you located? <br> <br> I am in a suburb of San Francisco.<br> <br> Today’s subject is about mortgage note investing. I need to be honest with our audience. I am not a big fan of “paper assets.” However, I do make an exception with mortgage notes. The reason is because it’s actually an IOU that is backed by a real tangible asset, which in this or my case, would be real estate. That's the only thing I would invest in. I like mortgage notes for that reason. The other thing is, our show’s theme is passive real estate investing, so this fits right in with that model of passive real estate investing. <br> <br> I think the best place to start for people who are not that familiar with what notes are or mortgage notes specifically is maybe you can explain what mortgage notes are and what they look like.<br> <br> A mortgage note is shorthand. It’s a way of saying promissory note secured by a piece of property. That security instrument can be either a mortgage or a Deed of Trust. It depends on what state you're doing business in or which security instrument you're using. It's a two-part instrument and they move together.
