All Forum Posts by: Cheryl C.

I assume that you put in the "bulk purchase" option.  I haven't ended up with that huge amount of cards.  My experience has been that the cards I have purchased have been in the $300-$500 dollar range.  It would be a pain to have 93!!!   If it's worth it to you to stand there while HD enters so many different numbers - then it wouldn't be an issue.  I don't/wouldn't do it myself but my assistant can do it.  Just print them out and take them with you to the store or use them online, entering a series of gift card #'s.  I've done it online and in-store.

It's possible that there is a current "run" (BPer's?) on them and waiting a few days might yield different results.  Sometimes cards I want are unavailable and I have to check back.  It can be worth the wait.

Hi Luc!   I buy mine from Cardpool.com.  I've only had one issue and they refunded in 24hrs.  I buy cards for other retailers and restaurants (for my favorite clothing retailer they are a 25% discount!).  A penny saved is a penny earned!

I have been purchasing discount gift cards for HD and Lowes and the savings have been substantial.  You can get a Lowes card at a 10% discount and HD at 7%.  If you combine this with the mover's package the savings can be up to 20%.  I pay for these cards with my 2% cash-back credit card.  I've had a very good experience with the vendor that I buy cards from.  They come electronically for added convenience.  I also use these cards for many purchases at various retailers, restaurants, etc.

I thought I'd throw this out there and apologize if this has already been discussed!

@Roy N. put in marketplace. I still am interested in the pro's and con's of an HML pool vs direct purchase of Notes.

I am looking for solid, vetted HML's in the DC area to invest money/place cash with. I am looking for a passive investment and have flexibility with the amount that I invest and the time period. Please pm me with terms and company info. Thanks!

Thanks @Brian Gibbons.  I'll do that.

Perhaps placing money with a HML is a little off-topic, but it seems to be along the continuum of pure Note investing. Passive $$$ with returns far better than bonds is the goal. Placing money with a solid HML is about as passive as one can get.

I'd like to revive this topic. I am slowly liquidating my rental portfolio and am interested in Note investing. I have considered HML to local investors but am also considering placing money with a longtime local HML who has offered me 10%. I'm thinking to first place money with the HML and then get in to doing my own HML.

What sort of due diligence should be done when investing with a HML company? What sort of agreement/contract should I expect? Ideally, I would like to split my investment between 3 different companies. Getting 10% is fine for me. A PM referral of local DC Area HML's would be appreciated. I now have one that I have known for 25yrs.

Thanks for any referrals! I'd also be interested in putting money with a HML in Collier County FL.

I agree with @Jon Holdman 100%.  For me, it all depends on how the place shows.  If it's a mess you will have little luck attracting a good tenant.  I've turned places with zero downtime.  

My leases allow showings up to 60 days prior to lease end.  This is why I contact tenants about a renewal 60 days prior to lease end.  I also agree that grouping showings (15 minutes apart) is the best way to go - in terms of your time and troubling current tenants.

I like to go antiquing.  I also very much enjoy collecting arrowheads as it involves hours of walking along the tranquil beaches of  local rivers and creeks and I'll tell you that the thrill of picking up a nice one is a fantastic feeling.

What do you do?

I wouldn't pay him a cent.  He hasn't even filed the lien.  I'd threaten back a complaint to the State Licensing Board as well as tell him that HE will be sued by you if he files a lien that holds up your sale.  And I agree with other posters, IF he files bond off on it and proceed with your sale. 

Chances of actually ending up in Court - he has to file a lawsuit to perfect his lien - are slim to none as he will incur legal expenses in excess of his claim.  If he doesn't perfect his lien within the statutory time requirements, his lien is invalid.  And these requirements are very strictly enforced by Courts.  If he is a Corporation, he can't represent himself in Court and must hire an attorney (at least this is the case in Virginia).  And no attorney is going to show up for a trial for less than 5K.