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All Forum Posts by: David Putz

David Putz has started 13 posts and replied 138 times.

Post: Getting a hold of some one

David PutzPosted
  • Investor
  • Jackson, NJ
  • Posts 167
  • Votes 54

In the past three weeks I have sent out 3 emails requesting information on my message system being banned.  I added 4 people who are local to me and it banned me.  Who do I need to contact.   [email protected]

Post: Website provides if utilities are on?

David PutzPosted
  • Investor
  • Jackson, NJ
  • Posts 167
  • Votes 54

We would have a better understanding of the property.  With that quick knowledge that home's utilities are off we make quick and mindful decisions while protecting the home through different  methods.  

It is understood that privacy is a right.  

Post: Website provides if utilities are on?

David PutzPosted
  • Investor
  • Jackson, NJ
  • Posts 167
  • Votes 54

Just wondering if anyone has discovered a website that will check the status of utilities?  If they are on/off and possibly who's name is on the account. 

Post: NPN -Owned trying to work with homeowner. Suggestions?

David PutzPosted
  • Investor
  • Jackson, NJ
  • Posts 167
  • Votes 54

@Dion DePaoli I never have spoken to them about DIL. I have called and attempted to explain that I am their new lender and they stated they already spoke to someone. I then explained that along with the letter that I have sent (RESPA) that their mortgage has been sold and I am now the person to speak to about their mortgage. Their response is "I have spoken to my mortgage company". So it is clear mis-understanding and would like to clear it up, possibly through door-knock.

This property is not in NJ it is in Ohio... It is nearly impossible to find a home selling for 23-25k in NJ. And Yes we are already utilizing the abondon property law, that went into effect last May, on a property in Manchester.

Post: NPN -Owned trying to work with homeowner. Suggestions?

David PutzPosted
  • Investor
  • Jackson, NJ
  • Posts 167
  • Votes 54

This is not a lamdlord situation just elderly people who could not make payment anymore for an unknown reason.

We have not started the foreclosure yet and unsure it is worth it. the property is retail worth 23-25k fully up and running and around 650-700 rental. We bought it for very cheap under 3k.

I would like to just find a way educate and help them get out of the situation. I would flip it cheap to a local contractor.

Post: NPN -Owned trying to work with homeowner. Suggestions?

David PutzPosted
  • Investor
  • Jackson, NJ
  • Posts 167
  • Votes 54

@Dion DePaoli i appreciate the words of advice and what to be aware of. But i feel i can get the homeowners to do a dil. Looking for advice like door knock or something similar.

Post: NPN -Owned trying to work with homeowner. Suggestions?

David PutzPosted
  • Investor
  • Jackson, NJ
  • Posts 167
  • Votes 54

I personally own a NPN and it was a throw in deal when buying a few others. Looking for advice from others on how to work with the homeowner to get a DIL or SS w/o going Foreclosure.

I can get the owner on the phone but I do not believe they can understand what I am trying to work on due to their age. Has anyone had any luck on working with a workable conversation or with Door knock? They do not live in the property that NPN is attached to, as the city has condemned it. At worse I just forget I own it, as it was very cheap.

Post: Non Performing Notes

David PutzPosted
  • Investor
  • Jackson, NJ
  • Posts 167
  • Votes 54

Ron,

If you are still looking to learn feel free to hit me up. I'll send you a simple PowerPoint Presentation that we do at national conferences. It will explain a lot. I can also answer questions.

Be careful of those who "promise to get you inventory" Daisy Chains can kill you in this business! Good Luck!