All Forum Posts by: Eran Lifshitz

Congratulations @Account Closed!

You getting into a new whole exciting world of investments.

As one who had done in last couple of years all sorts of investments in the US real estate market (flips, own few buy & hold properties and now into notes) I can say I find the notes investments world as the most interesting, exciting and with potential and this is the reason I am now 100% into it.

We and my partner already acquired 2 notes this year, and we are now looking into acquiring another 2.

Good luck to all of the notes investors!

I have read the entire post & replies, indeed interesting and fruitful discussion.

I have to say my opinion is very like @Cody L.

The most important advantage you have when you invest in real estate is the leverage (and I am investing also in different segments such as stock market for example).

You almost don't have any other investment segments in which you can leverage yourself, and use this "additional money" to increase your portfolio and income.

And here is a thing I learned from one of the greatest investors I once meet - 

The idea in real estate investment is not to invest your 100% cash. It can't get you far and fast enough.

You should put the minimum cash required and start leverage yourself, and use your remaining cash to do more investments. And indeed - All of the big real estate investors giants use other people money they raise in the market to do their investments.

If you choose correctly your investments and put the money on the right opportunities you shouldn't be afraid to leverage yourself.

And I think BRRRR is like running a marathon - Indeed in the short term you immediate cash flow is getting lower, but in the longer term you can increase your equity dramatically.

The question you should ask yourself how far you want to go.

Eran

I totally agree with @Steve Hall and @Thomas S.

I own 2 Duplex's in Indy, and I only invest in Duplex's with separated utilities.

Shared meters is a source for troubles for you as owner.

@Brett Burky thank you for the personal response.

I respect and understand what you are saying, and I will use paperstac again since eventually I did like the platform and it is user friendly.

If I may suggest something - If you compare it to ebay, why not giving the buyers the ability to rate the sellers?

It will help buyers to sort and choose sellers which are more reliable and with higher service level.

@Stanley Nguyen I can tell I was in negotiation with them to acquire few notes, but their attitude wasn't professional/service oriented enough so I end up not buying from them.

I am working with other web sites.

@Stanley Nguyen those are not dumb questions at all.

All of us were in certain point of time newbie investors asking same questions.

I am sure the forum members will be happy to assist you.

Please send me PM and I will be happy to assist as much as I can.

Thank you @Tim S. & @Bob Malecki as well.

Seems we all are on the same page here - Covering our investment amount + $5-10K.

Thank you @Adam Adams for your response.

I liked your phrasing, and it totally make sense.

I do the same.

This is a questions I often ask myself - 

When you acquire a NPN note and you would like to insure the property by yourself, do you insure it per the UPB value or per your purchase price?

For example - You acquire a NPN note in $60K while the UPB is $120K.

If you insure per UPB, does it matter if the house BPO is under or above water (meaning, per the example, if the BPO is $100K or $150K)?

In the NPN notes I acquired I used to insure per the purchase price to cover my investment, but would like to hear your thoughts.