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All Forum Posts by: Shafi Noss

Shafi Noss has started 96 posts and replied 543 times.

Post: Are the GREAT Deals Gone?

Shafi NossPosted
  • Investor
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  • Posts 558
  • Votes 304

Gmail was only created 20 years ago and Zillow 18. Technology creates more efficient markets and I suspect that has shifted the business more towards using technology and marketing to hit singles consistently rather than home runs. 

Post: Texas Land Note Buyers

Shafi NossPosted
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  • Posts 558
  • Votes 304
Quote from @Michelle Robbins:

I'd be interested in seeing what land notes your partner has available.


 Send me a DM

Post: Need help funding a 2.2M commercial and residential property

Shafi NossPosted
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  • Posts 558
  • Votes 304

If you can we can talk

Post: Need help funding a 2.2M commercial and residential property

Shafi NossPosted
  • Investor
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  • Posts 558
  • Votes 304

I'll send you a DM

Post: Need help funding a 2.2M commercial and residential property

Shafi NossPosted
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  • Posts 558
  • Votes 304

@Jeff Poupore@David Vaughn

Are you guys buying below market?

Post: Ground Up Multifamily

Shafi NossPosted
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  • Posts 558
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@Jamie Hora@Chris Kersey

Yes I'll reach out to both of you. Thanks. 

Post: Ground Up Multifamily

Shafi NossPosted
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  • Posts 558
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Anyone here have experience in ground up small multifamily 20 or less units? Looking at a few projects and open to sharing GP if something comes together. 

Quote from @Jay Hinrichs:
Quote from @Shafi Noss:
I'm interested. Where do you find the data and evaluate it's reliability?

city county  planning departments  then the long range planner most have a person tasked to long range planning..  also you look at the comp plan  comprehensive zoning plan.  

 And is there a way to evaluate the risk the project falls through like Foxconn or do you think it's reliable once it reaches the planning department?

I'm interested. Where do you find the data and evaluate it's reliability?

Post: Buying subordinate liens at foreclosure auctions

Shafi NossPosted
  • Investor
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  • Posts 558
  • Votes 304

I think each type of lien is different in each state (HOA vs. Investor vs. tax), but if it is a 2nd lien from an investor, there may be an intercreditor agreement that spells out the rights of the 2nd lien holder. Getting a hold of that document would be important for understanding your rights, and 1sts generally prefer to be bought out rather than going to foreclosure.