All Forum Posts by: Jose Duran

 Thanks for the replies everyone, so after I read your answers I went and got a title check on the property. It seems you guys were right and the first foreclosed after I did, and pretty much wiped my lien. Anyways, lesson learned, I’ll just be more diligent next time. Thanks everyone 

Hello Everyone, 

I started investing in Non Performing Notes a couple of years ago, so I still consider myself new at it. I was wondering if anyone can help me understand this.

I aquired a NP second lien position and when I bought it I was unable to workout a payment plan with the homeowners, so eventually I proceeded to foreclose. Unable to make contact with the homeowner I let the note sit unattended. I just found out it had been sold last year 2017. I’m under the impression that since I foreclosed I should’ve been notified of any sale of the property. Is it legal for homeowners to sell the property without me knowing? And wouldn’t the buyer do a tittle search where it would show them I foreclosed? Unless they didn’t run a tittle search, which seems really dumb. Sorry if this topic has come up before, I count find anything on this specific situation. 

@Ali Boone

@Ali Boone

Thanks, thats what I thought but i wasn't sure. What about the price, can you negotiate it or not?

Hi I have a question about turnkey companies, I've done some research about turnkey companies I know the pros and cons. Normal real estate investing is a little bit hard for me because I spend a lot of my time over seas. My question is when I find a turnkey company I want to work with do I use a real estate agent? Or I don't need one.

Mehran Kamari thanks for the information. Which states or cities do you particularly look into?

@Chris Qua Thanks I will definitely make it next month and I hope to meet you there.

@Paul Timmins Thanks for all the useful information. I appreciate how you explained everything very clearly. I haven't attended many networking meetings, maybe a couple for other things, so I will be taking your advice when I find a few clubs I want to attend to. I'm assuming I should take a small notebook to write down some notes? Also are the women clubs for women only?

Hi everyone,

I am 23 from the Los Angeles area, but I've been working outside of the country the last couple of years. I've been using that time to read books and educate myself about real este. I feel that I'm ready so I've been looking into multi-unit properties. Unfortunately I can't afford to invest in the California market yet so I've been looking and researching other cities like Vegas, or Phoenix, anyone have any thoughts on that? I am also looking for some kind of real estate investment club in my area, maybe find a mentor to learn from or just someone to sit down with and talk about real estate.