All Forum Posts by: Marie B.

Quote from @Ozzy Sirimsi:

Quote from @Debra Irvine:

I'm going to look at some properties this weekend in Baltimore and one of the properties is in a R--8, so it look as if its a townhome so I would have to get permission from the council to convert to a 3 unit building? Is that a long process?

 For sure, it is a long process, and it you are converting a basement or something, mot likely to fail.

I'm starting to go through the process now. Trying to convert a basement into a separate unit. Was there any feedback for you during the process?

Quote from @Marie B.:

For current/past BAM investors, how has your experience been? Any issues that you've experienced so far?

Thanks
my reply is the same as the one I made above.. I like the asset class IE not C class in the deep south. Its A class in the upper mid west.. AS noted we have two small positions and communication is very good reports are on time K 1s are on time.. of course we will see how it all ends up .. but for day to day operations compared to the horror stories you are hearing about other syndicators they are doing very well.

Do you like investing with them?

I also have a significant investment with PPR after finding them here years ago. I have been with them for over 5 years. Zero missed payments. Very short seasoning period. I would love to invest more with them, but I do need diversification. I do have an investment with DLP Capital Partners. They have not missed a payment in over 2 years I have been with them. My initial investment there started off a bit rocky. It took them 3 months to get my money invested and paying monthly. This was within the fine print, but I was told by email/phone that it would be within 30days. Has been fairly smooth since. I am also looking for the best alternative to PPR.

Quote from @Marie B.:

Quote from @Travis Hibbard:

I've recently decided to invest in Norada notes through my SDIRA.  It is my 2nd time investing in notes but my first with Norada and through an SDIRA.  So far so good and Marco who runs Norada has been extremely punctual and helpful as i've navigated next steps. I will keep everyone posted as I move forward but so far everything has been a 10/10!

 Hey Travis, How has your experience with Norada investing been? I'm considering investing with them and I'm be interested in how your experience has gone so far.

I have not invested with Norado, but since someone said it is unsecured here is my question pertaining to secured vs unsecured: 

1. How much are you considering investing? Reason I ask this is I am curious how people value risk?

For example, if you are in a secured position and invest $25k and can get 10% per year at $2500 or you can get 15% unsecured which is $3750, are people willing to risk the extra $1,250 a year where you could lose all of your $25,000 investment compared to being secured where chance of losing it all I would view as astronomically lower?

At what point does that risk outweigh the gain?

Note: this is an overall question and not forming any opinions on any entity named in this post. 

Quote from @Marie B.:

Quote from @Travis Hibbard:

I've recently decided to invest in Norada notes through my SDIRA.  It is my 2nd time investing in notes but my first with Norada and through an SDIRA.  So far so good and Marco who runs Norada has been extremely punctual and helpful as i've navigated next steps. I will keep everyone posted as I move forward but so far everything has been a 10/10!

 Hey Travis, How has your experience with Norada investing been? I'm considering investing with them and I'm be interested in how your experience has gone so far.

Everything has gone exactly as communicated and planned. I'm a little over a year and its consistent and reliable. The track record of others i'd interviewed and my experience so far has been great. Marco answered every question I had directly and is quick to respond. If you're curious reach out and setup time to ask questions. Is it risk free no, if it meets your risk tolerance it might be a great option.