Notes can outcash-flow rentals. Data pro turned investor Sierra Davis breaks down mortgage notes 101, buying at a discount, partials, realistic yields, due diligence, and how to start even with a self-directed IRA.

00:00 Intro

04:04 What Is a Note?

05:56 Why Notes?

08:22 Buying at a Discount

13:15 Partials: How They Work

17:52 Evaluating Deals

21:43 Non-Performing: Pros/Cons

23:06 Non-Performing Defined

24:02 Predictive Analytics in Notes

26:13 Rates & Market Impact

27:01 Note Benefits (Recap)

30:47 Scaling with Leverage

31:37 Our Investment Group

36:31 Sierra’s Founder Story

38:54 W-2 vs. Entrepreneur