All Forum Posts by: Jake Langley

I carry a note that is now 3 months delinquent and I have to start forclosure. The borrower/ owner is MIA this is not the first time this has happened but he usually contacts me and gets his payment up to date. This time I fear he has vacated to property and has disappeared. I wanted to do a deed in lieu but if I can't find him I can't negotiate. Any advice would be appreciated.

I carry a note that is now 3 months delinquent and I have to start forclosure. The borrower/ owner is MIA this is not the first time this has happened but he usually contacts me and gets his payment up to date. This time I fear he has vacated to property and has disappeared. I wanted to do a deed in lieu but if I can't find him I can't negotiate. Any advice would be appreciated.

I am interested in buying a property in a land trust and will become benificiary of the trust. Can I sell the property by creating a note for a new buyer ? Would I be selling the benificiary position of the trust? Or can I actually owner finance the actual property?

does anyone have experience with a Kansas City property management company or turnkey operation? Looking for referrals

Has anyone had experience with a good property management or turnkey company in Kansas City. Can you recomend?

Has anyone had experience with a good property management or turnkey company in Kansas City. Can you recommend them?

Has anyone had experience with realtyshares.com It seems like a great platform to lend money to real estate projects.

Has anyone had experience with realtyshares.com It seems like a great platform to lend money to real estate projects.

Thank for your input. I am very familiar with this property and I feel it would be difficult to make more money with a rental at this time, especially considering the potential hassle. my past flips have been fairly stressful , both physically and emotionally although my profits were in the 30 % range. I am interested in cash flow at this time . 

Hello, I have fixed and flipped about 6 properties, done a few mortgage wraps and I have an opportunity through a broker to lend 100k to a borrower to purchase a great rental property at 12% 60 months interest only. I would purchase the rental unit myself if the borrower didn't have it under contract. I have done all my homework and it looks like an easy deal, and I don't have to deal with any problems. I am working with a reputable broker and can't see any negatives in this for me. What is your opinion #1 on things I should be looking out for and #2 am I better off to continue to loan money for other people to fix and flip properties rather than do all the work myself?