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All Forum Posts by: Marie B.

Marie B. has started 4 posts and replied 38 times.

Post: HAVE YOU INVESTED WITH BAM CAPITAL?

Marie B.Posted
  • Investor
  • Posts 44
  • Votes 18
Quote from @Melanie P.:
Quote from @Marie B.:

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


 Marie, 

Please keep in mind that when you see people referencing with these funds it's because they are invested in these funds, bought the sales pitch hook, line and sinker and are being told by the operator, "don't worry about the market, we're experienced and conservative so you'll get all your money back and a tidy profit. All too often, at the end of 5 years -- that's not what happened. Then the person is soured on gambling on real estate and not around here to answer questions. 

All of Bernie Madoff's clients thought their accounts were in great shape until the day the news broke. Got a statement every month from a very reputable, conservative firm. Think about it. 


Post: R-8 Zoning Multifamily?

Marie B.Posted
  • Investor
  • Posts 44
  • Votes 18
Quote from @Richard Adjou:
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?


 Were you able to get through the process? I have a vacant basement that I want to convert to a 4th unit but I’m not sure if the process or where to start to make sure it’s legal. 

Post: HAVE YOU INVESTED WITH BAM CAPITAL?

Marie B.Posted
  • Investor
  • Posts 44
  • Votes 18
Quote from @Jay Hinrichs:
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.

Thanks! Good to hear there’s consistency over time. Especially with how things have been going for some.  

Post: HAVE YOU INVESTED WITH BAM CAPITAL?

Marie B.Posted
  • Investor
  • Posts 44
  • Votes 18

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

Post: PPR Capital Swag

Marie B.Posted
  • Investor
  • Posts 44
  • Votes 18
Quote from @Jim Peret:

Do you like investing with them?


 Yes, it's been good so far. It was a little slow getting started. It took them a couple weeks to process the money or whatever they do when they first get the money. Then they emailed me and let me know my start date. It's been smooth so far. 

Post: PPR Capital Swag

Marie B.Posted
  • Investor
  • Posts 44
  • Votes 18

Got some swag in the mail today! :-) 

Post: Note Flipper by Jerry Norton

Marie B.Posted
  • Investor
  • Posts 44
  • Votes 18

Has anyone done the program? If so, what was your experience? 

I've heard Madison Trust is good, but I haven't personally used them. https://www.madisontrust.com/

Post: Current PPR Reviews

Marie B.Posted
  • Investor
  • Posts 44
  • Votes 18
Quote from @John Terry:

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.


 What's your experience been like investing with DLP capital partners?

Post: Norada Capital Management notes

Marie B.Posted
  • Investor
  • Posts 44
  • Votes 18
Quote from @Chris Seveney:
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. 


 I haven't invested with them yet. I've met with my financial advisor (for money in stocks/bonds) and they talk about different levels of risk and diversifying funds. My thought process is, if I take $50K and put it towards Norada that $50K is being put to work more aggressively compared to other money that is in more conservative investments. Also, my understanding is that if they aren't able to make payments (e.g., say they all get abducted by aliens or some other very extreme event that would cause a default) then you gain the amount you've invested (or potentially greater) in equity in the company so there is some security. For me, I would probably start with investing $50K with them and see how that goes and then maybe move up to $100K. They also have the option of 3 years. Which is nice since 5 years can feel like a long time to some people.