If you’re thinking about diversifying your real estate investing portfolio, and perhaps looking beyond the traditional investing methods of single-family property rehabbing or rentals, you might be looking at investing in real estate notes. If you are looking into notes further, we can help you. We buy houses in San Diego California and in this blog post, you will read the 4 tips for working with a real estate note broker in Southern California and San Diego.
Tip #1: Find A Real Estate Note Broker With Experience
Real estate note investing has some similarities to real estate property investing but also some differences. And the real keys to success for brokers are a solid track record of helping others, and a deep list of great relationships. So talk to your real estate broker and see if they have both. What kind of experience do they have with note investing (and with helping others invest in notes) and what kind of relationships have they developed?
Tip #2: Find A Real Estate Note Broker With Testimonials
Although there are many ways to measure the success of a real estate note broker, one way is through how many testimonials and case studies they have. Do they have a lot of testimonials? Do they have a lot of case studies? (Sometimes they might have one or the other and that’s okay). Ultimately, you’re looking for someone who can show that they’ve helped others.
Tip #3: When Working With A Real Estate Note Broker In SoCal And San Diego, Ask About Note Availability
Great brokers have access to a lot of notes. They won’t necessarily own those notes themselves but they should access them. (A broker’s inventory is likely not made entirely of notes THEY own). You just want to make sure they have a lot of notes available. This gives you the assurance that they can pull the cream of the crop just for you, and that they can find the right notes based on your investing goals.
If you want to see our inventory, click here and enter your information.
Tip #4: Work With A Real Estate Note Broker Who Helps With Insight And Guidance
Real estate note brokers aren’t licensed investment representatives, so don’t expect that level of financial advice. However, good real estate note brokers should be able to provide you with some insight and general guidance, perhaps through blog posts or over the phone that can help you understand how to invest in real estate notes.
Homesmith Group Is Here To Help You!
A great place to start working with a real estate note broker in Southern California and San Diego is by reading this blog that you’re reading right now and seeing what information is available and how you can apply it in your investing. But then go deeper by getting in touch with the note broker to see if they have other ideas, insights, or even educational programs that can help you.
To learn more about notes, about how we can help you invest in notes, or to see our inventory of notes, get in touch with us!
If you want to sell your house in Southern California, we at Homesmith Group can also help you! We’re professional San Diego CA home buyers and we offer cash for houses in SoCal.