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Updated almost 10 years ago,
Operating 2nd Lien Non Performing Notes
Hi all, I am very interested in these notes. I have been listening to Dave Van Horn and am very keen to get into these and away from the tenants at the moment.
My position is that I own properties in the USA and have all the systems in place to do property business, but I live in New Zealand. With owning the properties I have property managers on the ground to handle them, with the notes I realize this will be a bit more hands on with the first few months of trying to get the note to perform. I am thinking of the tracking down of the home owner to set up a program for payments and would they even talk to anybody from outside of the USA. Just the day to day stuff really.
So can it be operated from outside the country and is there others out there that are in a similar position and would be willing to share their experiences?
Thanks
Colin Green