If you want to invest in real estate, but hate the idea of becoming a landlord, buying real estate notes is a great alternative. Real estate notes, on the other hand, can be a great passive income opportunity with a lot less leg work. Lending institutions or banks make the loans, and sell the real estate notes to free up cash flow. Before taking the plunge in real estate notes, there are a couple of things you need to know upfront. Real estate notes can help you reduce your hassle and be a good source of passive income for you.