Lessons I've Learned about DiscountsPromissory Note Investing Benefits. Promissory notes are valuable investing tools; and, they are also miss-understood tools. Understanding them and their valuation characteristics are hard to grasp because they are not publicly traded on an exchange, or publicly advertised like real estate.
Promissory Notes and Intra-Family Loans Appraisal and Structuring Issues
Experts Compared to NovicesNo individual is an expert in more than two or three vocations; most of us are fortunate if we're an expert in one. We all have to seek expert advice from time-to-time. Just to name one vocation that's an example of specialization and sub-specializations, consider medicine: there are experts for eye, nose, ear, throat, heart, lung, liver, etc.
Promissory Note Investing - Buying A Note
By definition, a promissory note is the instrument used to secure a loan or prove a transaction between two entities or even individuals. If you intend to take part in transaction either as a lender or as the borrower, you will need to complete a promissory note. The document helps secure the loan by acting as the document that signifies the credit itself.