All Forum Posts by: Jeff NA

A few thoughts on the suject:

I wish I could get my daily NODs online like James. Here in Portland, the Recorder does no such thing. I'm not entirely sure why it's also impossible for me to walk into the research room and plug a zip drive into their computer and copy all filings for the day (about 25 filings for the day the last time I was in there). Either way, I can't seem to find a provider in my area and I'm reluctant to ask a title company for assistance since I have yet to do business with any. Also, the filings in the newspaper here come about six weeks after the NOD, so that's a bit on the stale side, but costs $1 a day. Point being, if I want the NODs the day of filing, I'd be spending about an hour or hour and a half at the courthouse every single weekday.

On 30-60-90 day late lists, I wonder about the idea of ordering the 90 days late list. It would seem to me that if I fell 90 days behind, it would take at least another 30 days for the bank to report to the credit bureau and then have the bureau pass that along in a list. Correct me if I am wrong, please. But if that is the timeline, by the time you are getting a list of 90 days late leads, it's probably already been 120 and the NOD is filed anyway. So you just paid for a list and greatly increased the pool of who has that lead.

You might want to be a bit more patient before you start pestering after not getting an answer within 44 minutes.

Not to be harsh, but if you don't know what you're doing yet, why are you considering million dollar properties?

But I think the answer to your question would be my favorite answer ever: It depends.

[quote=Robert Jenkins new RANGE ROVER. The guy pops off his hobo jumpsuit and changes into a nice shirt and jacket he has in his car. The dude said he could make as much as 500$ a day on that off ramp.

Tax free he's pulling in over 100k a year.

What dude? Are you his accountant? If you believe that he's making 100k a year begging, I have a bridge to sell you. Do you believe that reality tv is real, too?

There is no shortage of panhandlers here in Portland, and probably about the most per capita along with San Francisco, Seattle and maybe Denver. There are certainly a large lot of them looking to use the money for meth. I know of an older lady, about 75 years old, that stands outside the Whole Foods downtown here, leaning on her walker, hitting up everyone that comes out (VERY wise move on her part to pick that corner). I doubt she's using the money for drugs, although one can never be certain.

There are also a fair amount of older, dirty and obviously homeless men. Some are looking to get drunk and some are looking to eat. I tend to hang out in a spot near the river late at night here and have ended up in lengthy conversations with many of them. They're only human being. Granted, some are human beings with addiction problems, but I don't think it's my place to judge others.

Then there are younger (early 20s) clean kids out here. They've obviously showered that morning and had breakfast, and it doesn't take much imagination to see that they're just straight out lazy. I don't even think most of these kids are hooked on hard drugs, although some certainly are.

Anyway, I wonder why anyone really cares. What's the difference between a mime or someone that wears a bunch of silver paint and acts like a statue all day for tips and a homeless person? If you don't like the act, don't give them money. It's all a business transaction. I don't give my money to WalMart and I don't give my money to homeless people. Not a big deal.

And Lee, I sure hope you were kidding about opening your door to purposely injure another person. If I ever saw someone do that to another human being, no matter who the other person was, I'd make darn sure the gesture was returned in kind. I'm sure you were just being facetious though.


Jeff

I am in the process of looking up the owner of a number of properties, and I have a few now that are listed as something like:

Site Address 123 NE 8TH AVE
City/State/Zip PORTLAND OR 972xx

Owner Info
Owner(s) Name Golly, LINDA B
TO Gosh, DONNA S
Owner Address 123 N Other St
City/State/Zip Someplace OR 970xx

Golly LINDA TO Gosh,DONNA S 123 N Other St Someplace OR 970xx Owner (Primary)

Gosh DONNA S TR Contract Purchaser

Any idea? Who is who here?

I'm sure people will respond and tell you to put a completely fictitious (as in fake, or a lie) post on Craigslist advertising a house that you pretend to have, something like "3 br 1 ba fixer special 60% ARV," and when people call, you tell them that it's already sold but you can take their info anyway for when the next deal happens.

I'm sure that works, too. I have trouble with lying and pretending though, especially with people with which I am trying to enter into a business relationship. You still might try something like that, with a headline like "Fixer specials at 60% ARV or Better!" and a body that describes that you are looking to wholesale and would be happy to talk to any potential buyers to listen to their criteria. I would make sure that I had all the keywords in the body message that you can imagine an investor would search for, like: investor, rehab, fixer, motivated, etc.

There's no reason that you can't write an ad, save it to notepad or Word or whatever, and just post it every day. It's Craigslist and it's free. If it works, great! If not, maybe try writing a new ad. Or maybe try advertising a fake house?

Hope it works out!

Are you using a list broker for that, and if so, how do you get them so soon?

It would seem that where I'm at, I can either get the notices the day they are filed by going to the Recorders office myself, which becomes time intensive, or I can buy them or get them for free from another source, but they are at least a few days old either way at that point. Without question, typing 50-80 names a day at the courthouse would be a good chunk of the day and probably just worth paying the copy fee at that point of about $1 per NOD.

Wow. While my brain tries to keep from frying after reading that sentence. . .

Would the homeowner, in theory at the least, not benefit from a short sale by still avoiding the foreclosure on their credit report. If we're going by the reported FHA rules, stating that they'd be able to get a mortgage after two years with a short sale instead of five years after a foreclosure, then isn't that still the best idea for them?

If they are going to be foreclosed on and be slapped with a deficiency anyway, or agree to a short sale with a deficiency or promissory note, wouldn't it still be in their best interest to go with the short? Maybe not worth the investor's time, but still, in their interest? Would I be correct in that assumption?

As far as I am aware, they do not have any records available online for Washington, Multnomah, or Clackamas Counties (with the exception being the City of Portland's Assessor).

I agree with Jon's suggestion to check out the local reia. It goes by the name NWREIA. There is also a Yahoo Groups message board.

Mariah: When you say that the clerks were useless, what county was that? I can only speak for the Multnomah County Recorders office, but as a green newbie myself, they were very polite and nearly insisted on helping me when I suggested that I'd figure it out myself.

Are you singling me out for being ignorant? You're a class act Tim.

But if the news is negative (which, it kind of is), why counteract that? That would be like telling people that the war is over and Mission Accomplished on the grounds that the media has been too negative. If it walks like a duck, and quacks like a duck. . .but, if no one likes ducks, should we call it a giraffe?

This isn't a conversation about politics, from my perspective. It's about media and marketing. I sure would just LOVE LOVE LOVE to know who the anonymous person is behind these billboards. The article notes that the media companies have donated space, which means nothing since they have it in spades at the moment. But someone is paying for this and I'd be curious to know who.

My original point is that this is. . .well, perhaps as a copywriter might say, false logic. Yes, recessions end. Which means that sometime before the planet implodes in a zillion years, this recession will end. It's certainly an interesting take. I'm glad it's helping someone somewhere feel better about the situation. I wonder if that enlightened feeling will last through the week if the person doesn't find work and only ends up one week closer to running out of unemployment benefits.

My apologies again if I sound argumentative. I'm just fascinated by marketing and the objective of it.