Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Account Closed

Account Closed has started 58 posts and replied 3063 times.

Post: Differences between notes

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74

MTN - Medium Term Note

Issued by companies. They will file a registration with the SEC or similar to raise debt. A shelf registration as the company will not issue the debt immediately. They are saying they want to borrow and will issue the securities to do so if and when the market is favorable.

Think of MTNs as corporate bonds.

Largely nothing to do with RE.

You will see people who are not licensed trading them. Legal or not depends on the country and how the deals are done. You will also see a lot of stuff on the Internet about buying and selling MTNs. Similar to bulk REOs, Nazi gold and other such things.

Post: Investor Brokerage Realtor for Bulk REO's

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74

Bart,

:welcome: to BP.

Post: Hello from sunny Sacramento

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74

Beth,

:welcome: to BP.

How long have you been in the RE field?

One thing licensed agents need to consider is RE investing can be pretty different from what most agents do. Neither good or bad. Just a bigger learning gap than most agents realize.

You sound like you are open to learning new things I am sure you can close the gap.

I worked for HP in the Bay Area and had friends who worked at the Roseville site. There is more around your area than just a prison. How is the local economy?

What else should we know about you as a person?

Post: Short Sale Prop Taxes

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74
Originally posted by "cphealy":
If I get a property through a short sale at half price, will this be used as the basis for the property tax numbers? I live in Orange County, CA.

You can file a document with the county to have the tax value changed. How much it is changed depends on how they evaluate such things in your county.

Post: Good company names for property sellers

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74

Make the name something that a person can say easily on the phone. Something that someone can spell so they can find your website.

John Corey

Post: Case Shiller home price data

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74

20 cities in the indexes.

17 are down.

3 are up where 1 was almost flat.

Note that the survey does not cover condos and other things. In cities where there are a lot of condos you might see different numbers for the condo sector. Likely down more if there is an over supply. Miami comes to mind.

Post: Real estate sales licenses??? Should I get them!!!

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74
Originally posted by "aly0705":
Thanks REI. For now I don't plan to do full time agent activities, and my agent is also a broker. If it looks like the license might get in the way in the future, I can always reconsider it.

Aly,

It has nothing to do with being full or part time.

If you open your mouth you could be crossing the line if the other party has a property to sell. What you say in any advertising or online promotions is likely restricted. In some states everything you ever advertise has to note that you are an agent even when you are only renting a place that you own or other things. Looking for investors to fund one of your RE deals could also be an issue.

Generally the courts and the state regulators consider someone with a license as armed and dangerous. The others (even the investors) are considered naive and needing protection from the licensed agents. In return the agents have a corner on brokering deals for a fee when they have no other interest in the property.

Post: Don't like to think of myself as a "complete" newb

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74

Kim,

:welcome: to BP.

If you are reading you have already started learning.

Just do not believe everything you read. Context matters and there will be some conflicting advice based on local market conditions.

Post: Presidential race, 2008

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74
Originally posted by "spectrus":
So John is there any consensus in the UK on who they think will be the next president?

No view at this point.

British press is just watching the events and reporting back. Pretty balanced with little spin. Mostly because the events are over there so no emotional need to spin at this stage.

Post: Making low offers in the retail market

Account ClosedPosted
  • Real Estate Investor
  • London
  • Posts 3,383
  • Votes 74
Originally posted by "esnuts":

Contrary to popular belief realtors don't skim the good deals for themselves, in fact most realtors that I know don't even invest (very odd to me, but heh

Very true and it has been true for a long period of time. The Realtors as a group mostly focus on retail transactions where they provide service to the client.

It makes you wonder why so many RE investors think they should get their license when most people who have a license do not invest.