When you think about it, Trust deed investing is a fantastically simple way to get the extra cash and profits that you’re looking for and there’s never been a better time to really get your trust deed investments started.
If you’re on this page then there’s a good chance you already know quite a bit about trust deed investments, but we can go ahead and get you up to speed if you don’t. You could say that trust deed investments are a little like a mortgage, and that’s true, but they have some great differences as well. For example, a trust deed investment has three primaries in the trust deed investment transaction that a mortgage does not. They happen to be the borrower or the trustor, the lender or the beneficiary, and the trustee. The Trustee is the person who actually purchases the property and in the end, if the trustee is paid as promised, then they won’t have any claim to the property. Remember though that in a trust deed investment, if the borrower does in fact default then trustee takes back the mortgaged property.
As you get into trust deed investments then you have to really remember to stay focused and very deeply consider the properties that you want to invest in. We recommend that you do not try to invest in a property that you would not be interested in one day owning. We say that because there is always the chance that you could end up owning the property and it wouldn’t be fun to own something you don’t actually like. Just something to remember as you dive into the world of trust deed investing. Remember these tips and ideas we gave you and trust deed investing should be the best thing that you ever did for yourself. Good luck!