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All Forum Posts by: Steve Hodgdon

Steve Hodgdon has started 60 posts and replied 404 times.

Post: Wholesaling Caution Not The Great Deal You Thought

Steve Hodgdon
Pro Member
Posted
  • Investor
  • Novato, CA
  • Posts 428
  • Votes 322

In other worlds, say car buying, you wouldn't pay a car broker a premium on a price based on your painting the car, putting in a new engine or wheels. you pay based on the current market price as is.

If you're an investor, shouldn't you look to purchase at a discount to current value? Not based on someone's sales pitch?

I've drunk the Kool Aid more than once. Hope I've learned my lesson finally!

Post: Question about Notes

Steve Hodgdon
Pro Member
Posted
  • Investor
  • Novato, CA
  • Posts 428
  • Votes 322

we're buying paper not property.

Post: Question about recording a Note in OH. I live in CA.

Steve Hodgdon
Pro Member
Posted
  • Investor
  • Novato, CA
  • Posts 428
  • Votes 322

It makes sense if you step back. We're asking for an action against an Ohio citizen. Wouldn't it be logical that the State would protect its citizens from foreign civil actions? Internet lending scams have made these kinds of rules useful for protecting citizens from predatory practices.

Straight forward process. And of course there's a registration fee.

Post: How many pages is your lease?

Steve Hodgdon
Pro Member
Posted
  • Investor
  • Novato, CA
  • Posts 428
  • Votes 322

I might be the winner at 26 pages. It's a NNN lease for retail space in Denver