Who's Behind This Site
Hi, I'm Rick Powell, a real estate investor and note buying enthusiast based in the Detroit metro area. I first got into real estate back in 1985, when I bought my first fixer-upper and got my hands dirty learning the business from the ground up.
Over about 20 years of real estate work, including 10 years as a licensed real estate agent, I became the right-hand man to a seasoned investor during the 2007 financial crisis — one of the most intense real estate markets this country has ever seen. That experience gave me a crash course in distressed properties, deal analysis, and creative finance strategies that you simply can't get in a classroom.
More recently I've shifted my focus to mortgage note investing. I've gone through extensive training in note buying and closed a couple of deals of my own — I'm not actively buying right now, but I built this site because I wanted a set of fast, reliable tools to help me run the numbers, and figured other investors could use them too.
My Credentials & Background
Why I Love Note Investing
— Rick Powell
I spent years as a general contractor fixing up houses and working alongside investors. I know firsthand how much complexity comes with owning physical property. Note investing lets me stay in real estate — with all the financial upside — while cutting out a huge chunk of the headaches.
I'm still early in my note investing journey, but I've learned a tremendous amount and I genuinely enjoy sharing it. The calculators on this site are the same tools I use to evaluate my own deals. If they help you make a smarter decision, that's a win.
What This Site Offers
Note Investors Tools is a free resource for anyone learning or actively practicing mortgage note investing. Every calculator on this site is designed to give you fast, plain-English answers — no spreadsheet skills required.
Whether you're figuring out what yield a note will return, calculating an offer price to hit your target return, checking the loan-to-value ratio, or running through a due diligence checklist before you buy — these tools are built to make your analysis faster and more confident.
All tools are free, run entirely in your browser, and never store your data anywhere. Just the numbers you need, when you need them.