All Forum Posts by: Jonathan C.

Great opportunity for an off-market property in Silver Spring, MD. The house is in solid shape, needing just a little updating - a 'dream for real' for investors!

The house is for sale for $364,900 and has an ARV of $485.000. Don't miss the great opportunity! Register for one-time only showing on Dec. 12th (Wednesday).

See more of the property before the actual visit here: http://bit.do/eBQqt.

For more information about this Silver Spring property and for the showing time, feel free to email [email protected] or call or text directly at 202-670-2909.

OFF MARKET: 8231 Central Ave, Alexandria, VA 22309, USA

Price: $329,900

ARV: $450,000

Alexandria detached single family, only $329,900.

3 beds, 2 baths, 1295 SQFT, no basement.

Pictures: https://drive.google.com/drive/folders/1HquMro3yWc7IfYxqoOQB3GPoNyhJpwj8?usp=sharing

1 time to see it, Saturday, December 8th. Email [email protected] or call at 202-670-0919 to get the time and RSVP.

 I don't expect any investing, including note investing, to be simple

Good to know, thanks man. How long did it take you to get to the point where you are fairly effective with note investing? And any guidance on first few steps to try to up-skill as efficiently as possible would be great.

Interested especially cause sounds like you came from similar fix and flip background to me. Appreciate it

Started RE at 8 years ago- at 28... 36 now... 6-12 mos away from passive income covering current living expenses, but should have already been there. Got sidetracked, wasted first year doing stupid stuff.

10 years more than enough. You can do it in 5-7 if everything goes right for you.

OK- so dumb/newbie type question. Even though I've rehabbed like 200 houses...don't know jack about notes :)

So in my space an average ROI in my market (DC Area) is around 12.5-15% on the sale price of property- if property sells 300K is like 35-45K. I typically put 20% down total into the deal (all in), so on 300K deal have 60K total into it. So get like 55-65% or something cash on cash return, annualized 100-110% or whatever. But, if count the 230/240K total all parties have into the deal, is only like 15-20% return on total equity, if you will, annualized lets say 30-40%.

My question is, what kind of 'average/expected' returns are you guys seeing these day on notes... let's say for sake of specificity non performing 2nds. But really on any kind of notes rough guidelines on average rates of returns would be very helpful.

I know 'it depends' but looking for any guidance in average/rule of thumb type returns similar to what I outlined on the flipping SFR example above.

I'm trying to figure out how worthwhile it would be to shift my focus from rehabbing SFRs to notes. Appreciate any advice, thanks

Hi you're looking for delinquent tax list- these typically have not been sold to the state. These are just behind on their property taxes... and after XXXX amount of time (varies) will be sold at tax sale.

You generally need to call/email the office of CFO, person in IT department, person in tax office (call around to all of them, varies), and ask for delinquent tax list. Making clear you want 'delinquent tax roll' NOT list of properties going to tax sale. Let them know you'll pay whatever it costs up to $100 if they need to compile information for you.

Be consistent, call around. Of my 5 local counties, I can get it from 4 of them.

900 52nd St NE, Washington, DC 20019, USA

Price: $189,900

ARV: $345,000

Deanwood 3 level row house. Solid condition.

2 beds, 2 bath, 930SQFT, finished basement

Pics: https://goo.gl/r8Povy

1 time to see it, Saturday, December 1st in the morning.

Email [email protected] to get the time and RSVP.

2BR 1Bath over 952 SqFt located in ideal location. If interested email me at

[email protected] or call the office at 703-596-5311

Pictures Link: https://goo.gl/uWwbb4

Showing Information: The property will be available 1 (and only 1) time on this Tuesday, Nov 20 in the afternoon. Email To RSVP and get the time.