All Forum Posts by: Tiger M.

Hard money is a natural start in notes in my opinion, some class time is a good idea too, I really learned a lot from Gary Johnston, Clyde Wilson and Jimmy Napier seminars. I do JV's.

@Rob Cee

Are you buying notes yet? I have paid gurus to learn a niche thats outside my box. I hate it, but always look for the gold nugget of wisdom. I didn't pay Eddie and think its a bit expensive, but at least it gets people started.

Been doing notes since 1996. Have done 100's. Did approx. $175M between 2000-2007 alone. Currently trading performing and working NPN. What are you trying to figure out?

I have a Vegas 38 unit coming to market shortly, should be about an 8 CAP. Let me know if you want 411

@Account Closed are you asking about vacation/weekly rentals? If so no. The vacation rentals in Vegas have been a tough path, its all about the party, right. Usually hard on properties. We like the stable family 1 year rentals.

We suggest a simple approach for what we call bread and butter rentals. The most commonly requested product by incoming tenants Pick a good school district, min. 3 bed, 2 bath, 2 car. preferably a tile roof and grab the ones under $80 PSF. Its not magic, its the price.

They are posted in Nevada Legal News.

Thanks for the response to my post, the property is under contract!

@Account Closed True but only if you default. If your concerned about default, may want to reconsider the project.

@Jeremy Pace LOL, actually he does still do work for us, he is an independent. There is a system of learning called trial by fire. He is much wiser and learned a great deal through this. it was the smallest mistake one could make in life. I read an article this morning that said most of us commit 4 felonies per day due to the judicial burden. Wasn't the end of the world.

Tenants are charged per the lease for no shows. If they refuse to pay, back to the judge issues from the previous post.

We don't really have no show issues. If we needed in and we have a tenant with known issues, we post, wait 24 and enter. We weren't tipped off this was going to be an access issue. I haven't had to post a 24 hour notice in probably 5 years. We have the best tenant base on the planet and love 98% of our tenants. Usually the 2% hates us because we enforce the lease and they move (and post they all post on yelp). We only do 3-4 evictions per year out of 500 homes.

How many properties are you doing this on? Maybe you should write,"Sec 8 for dummies".