Intoxicating Assets: How to Invest in Real Estate without Tenants, Toilets, or Termites
Sándor Lau is the founder of Noted Financial based in Portland, OR. After learning the hard way about his severe allergy to landlording, Sándor discovered that being the bank and collecting mortgage payments is better than paying them. Note investing allows you to benefit from most of the things that make real estate great: appreciation, leverage, and cashflow without many of the risks. Think of it like an option with a very long time horizon. Sándor was the principal subject of the Wall Street Journal article: I Can Be the Bank: Individual Investors Buy Busted Mortgages
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