S3E17 - Fred Moskowitz - How to generate monthly passive income with mortgage notes

Fred Moskowitz - How to generate monthly passive income with mortgage notes.

My next guest left his job as a software engineer, mainly because he didn’t have control over his income and he was trading his time for a paycheck. He decided to transition to a career where he was able to generate passive income through mortgage notes. In this episode, we talk about how beginner investors can buy notes, what type of monthly income you can expect, and how to reduce risk so you don’t buy junk mortgage products like what occurred in 2008. Please welcome Fred Moskowitz.

Key Timecodes

• (00:47) - Show intro and background history.
• (02:55) - Deeper into his background and business path.
• (05:43) - Understanding his business model.
• (08:43) - Deeper into his expected returns and risk options.
• (11:07) - When is expected to receive the interest.
• (12:18) - How to buy that notes?
• (15:07) - His educational approach.
• (16:40) - How much does he recommend to start investing?
• (18:43) - The red flags to run away from junkie bonds.
• (20:38) - Why beginners should avoid high-risk investments.
• (21:22) - Where he used to buy his notes?
• (23:21) - Deeper into his journey and philosophy as an investor.
• (26:45) - Why invest in mortgage notes?
• (28:47) - The importance of a good network.
• (30:12) - One key takeaway for the listeners.
• (33:49) - The worst advice he ever received.
• (35:38) - The best advice he ever received.
• (37:30) - A bit about his book and guest contacts.

Payback Time Podcast

Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.