Excited to be posting on this most-relevant website, particularly after spending hours reading and listening to podcast and RE research information.

Glad you joined the best real estate investing website!

Connect with the Milwaukee REIA - you can easily find the website with a Google search.  

I know Zillow and other websites have tools to give you valuations on properties, but what other tools are there? 

BP is one of the best online real estate investment websites.

The cheapest is around $25/month significantly cutting into your monthly yield on such a small note.Thank you for bringing up this point Jay, I did not consider it.Originally posted by @Bob Malecki: Gary, I think a $5K note yielding 15% is very unrealistic unless you by a non performer and get it reperforming.

If you mean just go to redfin/zillow and find a killer deal there, or a website listing REOs, to "get rich quick with no money down," ya, that's mostly dead (to the extent that it was ever alive at all). 

Hi @Albert Gutierrez I have a pretty decent list of resources on my website at http://note.ventures/note-buyers-resources/Enjoy!

@Lucy ChangIn addition to filing a federal + state tax return - some cities/counties have their own filing requirement.It appears that San Jose considers you to be doing business within their boundaries.Below is a link to their website with instructionshttp://www.sanjoseca.gov/businesstaxYou can hire someone to do the proper filings for you or you can look at the instructions and do them yourself.You should look at the instructions on whether to put yourself as a sole proprietorship or a partnership.

If I were you I'd politely extend my deepest sympathy for her car, express relief that no one was injured, thank her for bringing the tree to my attention for the first time, and wish her the best of luck with a potential insurance claim with her car insurance.