TLC Property Partners

Mortgage Note Investing · Colorado

Earn 8.5%+ returns without owning a single property

I source, vet, and manage mortgage notes — you invest alongside me and collect monthly income. No tenants. No maintenance. No landlord headaches. Just payments.

Apply to Co-Invest → See How It Works
8.5%+
Avg. Investor Return
0
Defaults to Date
$125K+
Capital Deployed
5 yrs
Active Experience
Profitable Mortgage Notes by Andrew Metzler
Andrew Metzler
Managing Director · Note Investor
NoteSchool Graduate & Member
Mentored by Eddie Speed — one of the country’s most recognized mortgage note investors, having closed 50,000+ note transactions.
All 8 active notes performing
No investor has lost money
Open to non-accredited investors
Real estate–secured investments
Open to non-accredited investors
Monthly cash flow payments
No management on your part
NoteSchool trained methodology

Simple Process

How co-investing with me works

You bring the capital. I handle everything else — deal sourcing, due diligence, loan servicing coordination, and ongoing management. You collect payments.

01

Connect & Qualify

We have a brief conversation to align on goals, timeline, and investment size. No minimums are advertised — let’s talk.

02

I Source the Deal

I identify mortgage notes through my NoteSchool network, perform deep due diligence on borrower history, collateral value, and loan-to-value ratios.

03

We Co-Invest

You invest alongside me in a specific note. I co-invest in the same deal, so our interests are fully aligned.

04

Collect Monthly Income

The borrower’s monthly payment flows to us. A professional loan servicer handles collections — you and I simply receive our share.

About Andrew Metzler

The operator who invests his own money alongside yours

After years of watching real estate investors wrestle with tenant problems, midnight maintenance calls, and unpredictable vacancy, I found a better model: own the debt, not the dirt. Mortgage note investing lets me act as the bank — collecting payments, earning interest, and holding real estate as collateral — without the operational grind of property management.

I’ve spent five years building a portfolio with a clean track record: eight active notes, all performing, and not a single investor has lost a dollar working with me. My approach is conservative — I prioritize borrower equity, payment history, and collateral quality over chasing yield.

NoteSchool Member & Graduate Trained under Eddie Speed — 35+ years, 50,000+ note transactions
Join My Investor List →
8.5%+
Investor Returns
Average across co-investor deals
8
Active Notes
All currently performing
0
Default Rate
Zero defaults across 5 years
$125K+
Capital Deployed
In mortgage note investments
5 Years
Active Note Investing Experience
Colorado-based · NoteSchool trained methodology

Understand the Asset

What is mortgage note investing?

Before you invest, you should understand exactly what you’re buying — and why it works as a passive income strategy.

You Become the Bank

When you invest in a mortgage note, you purchase the borrower’s debt — not the property itself. The home acts as your collateral. You step into the lender’s position and receive the borrower’s monthly payments.

Performing Notes = Steady Cash Flow

We focus on performing and re-performing notes — borrowers who are current or who’ve returned to paying. This produces reliable monthly income with lower management intensity than rental properties.

Target yields: 6%–10%+ depending on note profile, LTV, and borrower equity

Built-in Downside Protection

The property secures your investment. If a borrower defaults, there are structured options: loan modification, deed-in-lieu, or foreclosure to recover the asset. Real estate collateral gives notes a floor most paper assets lack.

Passive — Truly Passive

A professional loan servicer handles payment collection, borrower communication, and regulatory compliance. As a co-investor with me, you have no landlord duties, no property management, and no tenant calls.

How Notes Are Selected

Every note I consider is evaluated on LTV ratio, borrower payment history, property condition, neighborhood stability, and the borrower’s emotional connection to the home — a key predictor of continued payment.

IRA & Self-Directed Accounts

Mortgage note investments can be held in a self-directed IRA or 401(k), allowing your returns to compound tax-deferred or tax-free. This is one of the most underutilized advantages in the note space.

Featured On

Hear Andrew talk notes — in his own words

The best way to evaluate an operator is to hear them think out loud. Andrew has been featured on Note Club USA, NoteSchool TV, and Turmeric & Tequila™ — click any card to watch or listen.

YouTube · Note Club USA
From Rentals to Riches: Andrew Metzler’s Note Investing Journey
Andrew shares how he transitioned from frustrated landlord to note investor — covering deal selection, co-investing structure, and his 0-default track record.
Watch on YouTube →
YouTube · NoteSchool TV
NoteSchool TV — Mortgage Note Education with Eddie Speed
The channel of Andrew’s mentor Eddie Speed — 35+ years and 50,000+ note transactions. The same methodology and standards Andrew applies to every deal.
Watch on YouTube →
Podcast · Turmeric & Tequila™
Andrew Metzler on Turmeric & Tequila™ — Real Estate, Passive Income, and Investing Without the Grind
A candid conversation about building passive income through mortgage notes, the mindset shift from active landlord to passive investor, and what financial freedom actually looks like in practice. Available on Spotify and all major platforms.
Listen on Spotify →
★★★★★

“I’d been a landlord for 12 years and was ready to sell everything. Andrew showed me a way to keep earning from real estate without ever talking to a tenant again. Payments hit every month like clockwork.”

— Burnt-Out Landlord, Co-Investor
★★★★★

“The predictability is what sold me. My self-directed IRA is now earning consistent interest income, and I sleep better knowing real estate backs the loan. Andrew’s transparency throughout the process was excellent.”

— Retired Professional, IRA Investor
★★★★★

“As a self-employed contractor with irregular income, the idea of steady monthly interest was exactly what I needed. I’ve diversified out of the stock market and I’m glad I did.”

— Self-Employed Contractor, Co-Investor

Real Deals · Real Results

Case studies from the portfolio

These are real deal structures (details anonymized). They illustrate how note investing actually works in practice — the strategy, the risk management, and the outcome.

Case Study 01

Passive investor earns steady cash flow from promissory notes backed by real estate

A passive investor seeking stable monthly income entered a co-investment on a performing residential note. Professional loan servicing handled all borrower interaction. The investor received monthly payments with zero property management involvement.

Performing note Steady cash flow Real estate secured
Read full case study →
Case Study 02

How one investor found peace of mind by becoming “the bank”

Tired of the stock market’s volatility, this investor moved capital into a real estate-backed promissory note. With the property as collateral and a performing borrower, they achieved higher-than-average interest income with significant downside protection.

Above-avg returns Collateral secured Zero management
Read full case study →
Case Study 03

Self-directed IRA deployed into notes for tax-advantaged passive income

An investor rolled self-directed IRA funds into a mortgage note investment, allowing the interest income to compound inside their retirement account. The result: strong yields growing tax-deferred, backed by real estate collateral.

IRA investment Tax-advantaged Compounding returns
Read full case study →

Take the Next Step

Two ways to get started

Whether you’re ready to explore a deal or want to learn more first, here’s how we can work together.

Co-Invest With Me

Apply to invest in my next mortgage note

I source and manage each deal. You invest alongside me and collect a share of the monthly payments. Your interests and mine are fully aligned — I’m in every deal too.

  • ✓ I handle all sourcing, due diligence & management
  • ✓ Real estate–secured investment
  • ✓ Target returns of 8.5%+ annually
  • ✓ Open to non-accredited investors
  • ✓ IRA & self-directed account compatible
Minimum Investment
Starting around $10,000
Every deal is different — let’s talk about what works for you.
Apply to Co-Invest →
Opens your email app — no forms, no funnels. Just a direct conversation.

Join the Investor List

Get first access to future note deals

New note opportunities go to my investor list first. Join now to receive deal flow notifications, educational content, and portfolio updates before opportunities open to the public.

✓ You’re on the list! Andrew will be in touch about upcoming opportunities.

Get in Touch

Have questions? Let’s talk.

Whether you’re evaluating note investing for the first time or ready to discuss a specific deal, I’m happy to get on a call.

✓ Message received — Andrew will be in touch within 24 hours.

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