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Updated over 6 years ago on . Most recent reply

User Stats

178
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108
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Ellis Hammond
  • Investor
  • San Diego
108
Votes |
178
Posts

100 notes or a 100 units?

Ellis Hammond
  • Investor
  • San Diego
Posted
I had a note investor today tell me he rather have 100 notes vs 100 units. His reason was no toilets, termites, tenants. What about the benefits of depreciation, equity, etc in owning the real estate? Thoughts?
  • Ellis Hammond
  • Most Popular Reply

    User Stats

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    Jay Hinrichs
    #1 All Forums Contributor
    • Lender
    • Lake Oswego OR Summerlin, NV
    62,986
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    Jay Hinrichs
    #1 All Forums Contributor
    • Lender
    • Lake Oswego OR Summerlin, NV
    Replied
    Originally posted by @Ellis Hammond:

    Good thoughts @Jay Hinrichs @Chris Seveney @Brady Durr.

    What about notes as a short term strategy, where I’m taking equity out of a market like San Diego, and placing it in something like notes until I’m ready to invest back into Southern California?

    What does exit of a note look like? (Besides buying a note with a 5-7 year balloon)

     Check with Norris group in your area they will have short term notes of high quality 

    business profile image
    JLH Capital Partners

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