Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Josh Shapiro

Josh Shapiro has started 10 posts and replied 29 times.

Post: Is this a risky time to buy mortgage notes?

Josh ShapiroPosted
  • Developer
  • Miami, FL
  • Posts 30
  • Votes 6

@Jordan Williams. Thanks Jordan. Id like to get non-performers to perform if possible. Buy at the discount and try to add the value. But if market tanks, so does the value and equity. That to me would be a reason to wait it out... unless there are opportunities id be happy to learn.

Post: Is this a risky time to buy mortgage notes?

Josh ShapiroPosted
  • Developer
  • Miami, FL
  • Posts 30
  • Votes 6

@Daria B. TY :)

Post: Is this a risky time to buy mortgage notes?

Josh ShapiroPosted
  • Developer
  • Miami, FL
  • Posts 30
  • Votes 6

@Daria B. Thanks but foe the last 10 years or so its been an up swing in the market. Its looking to me like we may be in for a slowdown. Different strategy..

@Mindy Jensen hi Mindy. I recently signed up on this forum app and read an old post i created. Wow, im embarassed. I was wrong and frusturated and now see that its smooth and seemless. Great work, and again, please accept my apologies!!!

-josh

Post: Note investing during a downturn

Josh ShapiroPosted
  • Developer
  • Miami, FL
  • Posts 30
  • Votes 6

@Logan Hassinger thanks Logan. Looks like there are opportunities. I wasnt thinking out of the box. I appreciate your response and expertise.

Post: Note investing during a downturn

Josh ShapiroPosted
  • Developer
  • Miami, FL
  • Posts 30
  • Votes 6

The note investment space intrigues and I’m brand new at this. In a market downturn, is it a bad idea to buy notes? Or is it best to wait it out? I understand that property values and equity drop, so given that climate, are there opportunities? Would love to hear from the folks that have been through the cycles...

Post: Is this a risky time to buy mortgage notes?

Josh ShapiroPosted
  • Developer
  • Miami, FL
  • Posts 30
  • Votes 6

Very intrigued with note investment (non-passively) and wanted to hear what experienced investors do when the RE market softens or drops. Is it better to sit on cash and wait it out or are there opportunities?

I must say this app sucks. Poorly created. It kicks out every once in a while. Barely any real users. Most are fakes. My friend told me to look at this. My experience was "what a joke". Garbage app. These guys will be out of business shortly. In fact judging on the list of users, they never were in business. One of the worst apps ive ever seen. How did apple approve this is the question of the day
Little haiti/lemon city as well as little river has been beaten up and spit out any times over. I wouldnt buy there plus the neighboorhood is still pretty bad. Not worth the super high prices. If u bought there 3-5 years ago you are in a good place.