In this episode, Jamie shares his journey from quitting his job to becoming a successful entrepreneur owning multiple companies, including a mortgage note investing and loan servicing company. He also provides a crash course on how to become a note investor yourself, while sharing tips and tricks on how to stay motivated and what he's working on.
Tune in to learn about the advantages and disadvantages of note investing, how to buy non-performing and performing mortgage notes, and why it's a more secure asset class than stocks. Whether you're a real estate professional or an aspiring investor, this episode is for you.
“more often than not, the frontline real estate professionals do not become investors.”
Making the shift always lived in the back of my mind. It wasn’t until 2015 that I invested in my first property while working a civilian job with the Department of Defense. Eventually, working there felt like groundhog day and I was losing the passion for it. Tune in for the story of why I quit my job and how I made it work after quitting.
“I do think action taking a step is critical. If someone is stuck, take a step, move in one direction. You can still turn 10 degrees and then turn back. You don't have to conquer it all immediately, but I do think taking one small step toward your goal is critical.”
Tune in as Emma Powell and I (Jamie) talk about:
(00:00) What my life was like before entrepreneurship
(06:28) How real estate professionals can become investors
(10:08) Quitting my job in March 2022
(13:20) How I made it work after I quit my job
(17:35) How my business works (Labrador Lending)
(20:36) What is mortgage note investing (for beginners)?
(31:01) How I stay motivated & what I’m working on
(34:57) Investors vs. entrepreneur spectrum
(44:19) Reaching out to me
A crash course in becoming a mortgage note investor:
Connect with Emma Powell:
PODCAST: Passive Income Adventures
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Follow Labrador Lending
Connect with Jamie