All Forum Posts by: Roma Korenyuk

When house is sold, the note (piece of paper) is null and void. Now, someone got cashed out on that note, or someone lost the house to a tax sale. title insurance cannot do anything in this case. Title insurance is protection that the title is marketable and chain of title is good and there is no cloud. Title insurance is only good for time before the day the policy was issued, not after.

@Brian Johnson, check out https://www.meetup.com/Tampa-Note-Closers-Group/
I will start organizing Tampa note investor events starting next month. This one was put together by @Scott Carson, but I will work on putting together a monthly in person meet up. I'm thinking talking notes over happy hour 6:30-8:30 every 4th Thursday. This way it doesn't fall on the same day as other local events.

Yes, this is for everyone! Come join our fresh new Tampa Bay live meetup!

We have a property that needs a trash out and get it move-in ready in Litchfield, MN (about hour west of Minneapolis MN). Can anyone recommend a honest and reliable general contractor that will work in that area?

Fore anyone in central Florida and into paper business, please come join us this Wednesday.

• Wednesday, September 14, 2016

  6:30 PM

• Tampa, FL">

  Crowne Plaza Tampa Westshore

  5303 West Kennedy Boulevard , Tampa, FL

• Crowne Plaza Tampa Westshore
• Come out and meet other note investors!

  The Tampa meet up will be Wednesday Sept 14th, beginning at 6:30, and will be in the Coquina room on the second floor.

  Crowne Plaza Tampa Westshore

  5303 W Kennedy Blvd, Tampa, FL 33609

  We'll be talking about case studies, the note business, markets and what you can expect with NPN investing over the next 12-18 months!

Closer to face value notes would need to be in hot markets such as California or Arizona. Another factors is length of note and if there is a balloon payment or is the note close to its pay off period.

For example interest only note with balloon payment in 60 months or so will probably get just about it's face value. Another example is if note has high interest rate and has significant equity.

All of that is on top of spotless seasoning over multiple years with high credit score and paycheck info from the borrower.

On my recent vacation I came across a Russian tourist that said that he invests into debt instruments such as notes in Russia. Other than that, I have no other information.

I also know that some countries in Europe do not sell off mortgages because their banking system is completely different and highly regulated so bank does everything in house.

With close to 200 podcasts and double or triple of that in mentioned books, does bp keep track of books mentioned on podcasts and how many times they were mentioned. Possibly a sortable list of books?

In short, I would ask you if you want to be a landlord and fix toilets or you just want a cash flow secured by real estate?

Hi Michael and welcome to bp! 

I believe this question belongs more in Tax Liens, Notes, Paper, & Cash Flows Discussion