Passive Income for Accredited Investors

Be the Bank.
Collect the Payments.

Paper Profits Income Fund buys mortgage notes — loans secured by real estate. You invest, borrowers make payments, you earn 7.5–9.5% annually. No property to manage. No stock market swings.

Get the Free Book → Calculate Your Income

Ready to talk? Schedule a call with Josh.

Accredited Investors
SDIRA Compatible
Monthly Distributions
View investment term sheet

Fund Performance

7.5–9.5%
Target Annual Return
2020
Paying Investors Since
1,000+
Notes Managed
Co-Invest
Principals' Money In
Joshua Andrews

"I've been investing in notes since 2012. This fund is how I help others do the same — without the learning curve."

— Josh Andrews, Founder

The Problem With "Passive" Income

Whether you've tried rental properties, dividend stocks, or just kept cash in savings — most "passive" options come with catches.

Rental Properties

  • ✗ Tenant headaches & evictions
  • ✗ Midnight maintenance calls
  • ✗ Vacancy risk & turnover costs
  • ✗ 10-20 hrs/month "managing"

Stock Market

  • ✗ Value swings with every headline
  • ✗ Must sell to access gains
  • ✗ Nothing tangible backing it
  • ✗ No regular income unless you sell

Note Investing

  • ✓ Dependable monthly income
  • ✓ Backed by real estate
  • ✓ No property to manage
  • ✓ Truly passive — 0 hrs/month

How It Works

Mortgage notes are loans secured by real estate. When you invest, you become the bank — receiving monthly payments without owning property.

1

You Invest

Your capital joins our fund, which purchases mortgage notes secured by residential real estate.

2

Borrowers Pay

Homeowners make their regular mortgage payments — just like they would to a bank. We manage everything.

3

You Earn

Consistent monthly income is deposited directly to your account or SDIRA. Your money works — you don't.

Learn more about our process

Is This Right For You?

Good Fit

  • ✓ Accredited investor ($200K+ income or $1M+ net worth)
  • ✓ Want dependable monthly income without the work
  • ✓ $25K+ to invest (min. investment)
  • ✓ 12 to 36 month investment horizon
  • ✓ Values transparency and communication

Not the Right Fit

  • ✗ Need daily liquidity (can't access funds anytime)
  • ✗ Looking for get-rich-quick returns
  • ✗ Want to pick individual investments yourself
  • ✗ Not comfortable with private investments
  • ✗ Investing emergency funds

What is an Accredited Investor? As defined by the SEC, an individual qualifies as an Accredited Investor by earning over $200,000/yr. ($300,000 with spouse) or having a net worth exceeding $1 million, excluding primary residence.

Choose Your Investment Tier

Three tiers to match your commitment level. Higher commitments earn higher returns.

Flex

7.5%

per annum

Commitment 12 months
Minimum $25,000
Renewal Rate 7.75%

Growth

8.5%

per annum

Commitment 24 months
Minimum $50,000
Renewal Rate 8.75%
Highest Return

Partner

9.5%

per annum

Commitment 36 months
Minimum $100,000
Renewal Rate 9.75%

All tiers include monthly distributions, SDIRA compatibility, and the option to reinvest for compounding returns.

View full term sheet

Real Deals, Real Numbers

Here's a sample of the loans we fund — conservative LTVs, first-lien positions, and strong collateral.

Luxury Single-Family Home in Hood River, Oregon

Luxury Home — Oregon

Property Value

$1,250,000

Loan Amount

$750,000

LTV

60%

Position

1st Lien

Special-Use Property in Fairlawn, Virginia

Special-Use Property — Virginia

Property Value

$6,000,000

Loan Amount

$600,000

LTV

10%

Position

1st Lien

Custom Home with Buildable Lots in Hood River, Oregon

Custom Home + Lots — Oregon

Property Value

$2,475,000

Loan Amount

$1,550,000

LTV

63%

Position

1st Lien

70% Max

Loan-to-Value

1st Lien

Position Only

No Leverage

At Fund Level

3rd Party

Oversight & Administration

We Invest

Alongside You

View more loan examples

2012

Investing in notes since

1,000+

Notes purchased & managed

3rd Party

Fund administration

Quarterly

Investor reporting

Co-Invest

Principals' capital in fund

"

I've been investing in notes since 2012. This fund is how I help others do the same — without the learning curve. You get the returns. I handle the work.

Joshua Andrews

Josh Andrews

Founder & Fund Manager • Author of Paper Profits

Start With the Free Book

Get your copy of Paper Profits and learn how mortgage note investing can generate dependable monthly income — backed by real estate.

Get the Free Book Schedule a Call

Want to run the numbers first? Try the income calculator.