All Forum Posts by: Shafi Noss

Thanks for the advice @Taylor L., @Greg Dickerson, and @Erik Hatch. I use an apple and google based system right now, so I'll try out some of the systems like Contactually and Cloze and keep in mind the investor specific systems for the future.

Hi Everyone,

I'm looking for CRM recommendations, ideally built to automatically sync with Gmail. Often times I'll take business cards at networking events, and will want to add contacts manually, without having recieved an email first, but haven't been able to find any that allow you to manually add contacts as well. What kind of CRM software do you use?

Hey everyone,

Do any of you use CRM software. I was thinking about getting something fairly streamlined and integrated with Gmail for efficiency and that allows you to add contacts without having received an email first. Do any of you use CRM software or have recommendations?

Thanks for the answers guys, I was more wondering about which powers are associated with ownership rather than the judicial process. For example when the mortgagor holds title until the loan is paid off, what does it mean for the mortgagee to still be an 'owner'. What's the difference between being an owner and holding title? I wouldn't have thought there was any but the course seemed to be saying there was. 

Hi everyone,

I am taking the Real estate certification course for Maryland, and ran into a question. In a title theory state (Like in D.C. Maryland and Virginia) I've heard people say the borrower still owns the home, but the lender retains title, and I believe they can demand full payment for the rest of the home at anytime though they usually don't. Plus, there's no need for them to go through judicial process in order to foreclose on the property. Given that the bank has title and all these powers, can anyone explain what it means for the mortgager to own the home?

Thanks Brian, that's good to know about, I'll look into whether it's the same over here. 

Hey everyone, is there a way to skiptrace a real estate agents broker without asking them directly?

Hi everyone,

I am partway through a real estate license, and plan to be an investor friendly agent to synergize with my own investing. I'd like to join a brokerage that is knowledgeable about investing, does anyone know a good resource or have any advice?

Hi everyone,

I'm trying to get a better understanding of the mortgage system and all the players in it. To my understanding, a lender issues a mortgage to a homebuyer. They give the buyer a sum of money and receive a mortgage with the house as collateral. Doing this too often would tie up most of the lenders capital, so the lender sells the mortgage to Fannie or Freddie. They then sell the mortgages again on the secondary market in the form of mortgage backed securities.

I'm cloudy on how the lender makes a profit from this model. They don't profit from the interest, since the loan is sold to Fannie or Freddie . Do they sell the loan for a markup, or profit from the administrative and origination fees? And how does Fannie and Freddie make a profit? Why doesn't the lender sell the mortgage as a security themselves and cut out the middle man?

Thanks everyone for the responses, and thank you @Chris Mason for the detailed explanation. Do you know what that formula is called? I'm curious to learn more about it.