How We Make Money & Full Time RV
We get asked a lot how we’re able to travel in an RV full time at our age. Most people assume we’re trust fund kids (we have been asked that SO many times) or that we’re living off our savings. Like many full time RV’ers in the 20 – 50 age bracket, we work on the road. While working remotely for a company or corporation is 100% a thing and an option for many full time RVer’s, we are actually entrepreneurs and real estate investors. We realize that statement comes with a ton of questions which is exactly why we created the video below to share how we make money and travel. The video below explains how our specific niche of real estate investing, non-performing mortgage notes, allows us location independence, to be our own boss, and make money and travel. In addition we share what it takes to get started in note investing, what a work week is like for us, and what it takes to become a note investor.
As we mentioned in the video, anyone can invest in notes, however investing in notes is not for everyone. Being on entrepreneur is hard. Investing in real estate and running your own business takes a lot of time, dedication, and effort, especially as you’re getting started. We created our note investing business, Seasoned Funding, LLC back in 2013 and it took around 4 years to really see it replace our income from our 9 to 5 jobs. It is a 100% not a get rich quick business. It’s a, work hard, learn a ton, take action, learn more, revise your business, and finally see the results from your efforts of years prior, kind-of-business.
We’re sharing note investing with you because it’s how we make money and travel and after all, that’s why you’re reading this post isn’t it? We absolutely love the lifestyle investing in non-performing notes has allowed us. The freedom to work wherever we want when we want. Opportunity to make money as we travel. The time freedom to create our own schedule and be our own boss. As long as we have internet and cell phone connection, we can work! It doesn’t hurt that we can help people in this line of business as well. It’s pretty amazing to be able to help people and make money while doing it!
There are plenty of other ways to make money and travel that we’ll be sharing in a series we’re calling “Make Money and Travel | Ways to Make Money Remotely” where we share real stories of how other full time travelers are making money on the road. However, if you are looking for a possible way to replace or increase your current income, to be able to quit your job, have location independence and travel, or own your own business, investing in non-performing notes could be a great opportunity and solution for you! There is a lot to learn and as with anything, education is key. Liz and two fellow active, successful note investors, Kimberly Banks Fawcett and Chase Thompson started Note Investing Academy, an online education program to help people learn how to invest in notes. This program is everything we wish we had when we started learning about note investing 5 – 6 years ago. It’s super extensive, covering absolutely everything you need to know about investing in real estate mortgage notes from the very basics, to the complex. Also it’s online, so you can learn from anywhere (hello location independence) and learn at your own pace!
If you want to sign up to Note Investing Academy use the code “LIZ” to get $100 off!
If you’d like to read more about Investing in Notes here are a few articles, blogs, or podcast’s I would recommend.
- Our business’s blog has a lot of great posts that cover the basics of note investing to the inner workings of deals (like this one where Liz made double her normal salary in just 4 months)!
- Note MBA: The first and #1 most listened to podcast for note investing (Also Chase, the host, is one of the Note Investing Academy educators)
- BiggerPockets: A social media platform made specifically for real estate investors. It’s not just a place to ask questions, connect and network, it’s also an incredible place to learn. They have podcasts, videos, blogs, and so much more about all things relating to real estate investing. One great blogger at Bigger Pockets is Dave Van Horn, who has extensive blog posts about investing in notes, although he specializes in the 2nd lien mortgage notes. If you are interested in any type of real estate investing at all, Biggerpockets will be an incredible resource!
- Here are a few books if you would like to read to learn more.
- Invest in Debt by Jimmy Napier
- Note Investing Made Easier: How to Buy and Profit from Distressed Mortgages by Martin Saenz
- Paper Profits: How to Buy and Profit from Notes by Joshua N. Andrews
We are Dennis and Liz! We’re two travel loving, real estate investing, foodies exploring North America full time in a Grand Design fifth wheel toy hauler. We share our lessons learned as full time RV’ers, travel tips and tricks, and the best places to eat and see in the US with you!
Want to RV full time but aren’t sure what state to choose as your domicile? See what your domicile options are and what to consider before picking a state.
Wonder what options there are for affordable health insurance for RV’ers? We go over 5 different nationwide PPO plans, what they cost, and what they cover.
After two years of full time RVing, we decided it was time to downsize and simplify. So we made it official, and sold our Grand Design Momentum 328M Toy Hauler Fifth Wheel to an amazing couple that will be making it their home!