I wonder who performs their inspections and how reliable they are.

One thing to remember with commercial loans, not only does the property have to perform, but generally you have to have the net worth at least equal to the loan amount most times there is some type of liquidity requirement too.

If we perform an inspection where a tenant does not have the smoke detectors (or any other tenant damage), we take pictures and send a 7 day notice to cure letter.

The actual skills needed to perform a job come from doing said job day after day, therefore a college degree proves more than skills to a potential employer.

What companies are interested in buying non performing mortgage notes??

Is it possible to wholesale , or flip a non performing mortgage note???

If you are willing to over pay for it, you are accepting the risks based on your knowledge and ability to increase the performance of the property.

Having said that, cap rate is not a measurement of investment performance so the fact that cap rates are low doesn’t mean that there isn’t money to be made.

Make sure you track each mailing and list separately through a custom URL and landing page and or phone number so you know which performs best. 

I think Matt tries to keep it real and impress people with his performance