All Forum Posts by: Jonathan Spaeth

Anyone had success with AirBnb or short term corporate rentals in Atlanta? I'm curious to hear experiences. I'm not quite sure if the market supports it.

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Still available?

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Originally posted by @Chad U.:

Originally posted by @Jonathan Spaeth:

Got it. Thanks for the explanation. So, it sounds like you as a note purchaser can either collect or foreclose. What what you say is an acceptable discount on a note in foreclosure?

No that's not exactly correct. You cannot foreclose while the borrower is in BK and until it is discharged as there is what is called a "Stay". Also during this time, any creditors cannot collect from the borrower if it is a BK7, or until there is a "Confirmation of Plan" for a BK13.

How long does that normally take?

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@Anthony Uva first

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Got it. Thanks for the explanation. So, it sounds like you as a note purchaser can either collect or foreclose. What what you say is an acceptable discount on a note in foreclosure?

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What generally happens when buying a note in bankruptcy? Do you, as the new note owner, still have rights to collect on the debt? Does the property usually get foreclosed on?

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Any of these left?

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Thanks @James Gates. I reached out to them this morning. Looking forward to speaking with them. Do you also use them for rehab work or separate contractor? Also, I just began investing in Huntsville. Any areas you would recommend/discourage for rentals?

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I'm a real estate investor from Atlanta, GA and am looking for property managers & contractors in the Huntsville, AL area. Any good recommendations?

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All Forum Posts by: Jonathan Spaeth

Jonathan Spaeth has started 10 posts and replied 40 times.

Post: Anybody doing short term rentals in Atlanta, GA?

Post: Anybody doing short term rentals in Atlanta, GA?

Post: Huntsville Rental for sale near UAH ($1600 per month potential)

Post: What happens when buying a note in bankruptcy?

Post: What happens when buying a note in bankruptcy?

Post: What happens when buying a note in bankruptcy?

Post: What happens when buying a note in bankruptcy?

Post: 10 Stablized Turnkey Rentals in Birmingham/Atlanta/Indy

Post: Looking for property managers & contractors in Huntsville, AL

Post: Looking for property managers & contractors in Huntsville, AL