Hi, everyone! I have a long term rental in the eastwind area of Wilmington, NC. It’s by UNC Wilmington and is about an 8 minute drive to wrightsville beach. My tenants are moving out at the end of April and I am consi...
Is anyone else having major issues with KCMO property managers? We are on our third in 18 months and I'm losing faith. The overall lack of communication we receive as clients is less than desirable and some firms stru...
I just listened to a presentation in which a lawyer (SDIRA expert) said that you cannot perform physical work on your own rental properties held by your self-directed IRA. This would be a prohibited / self-dealing tr...
Hi, A prominent local investor recently sent out a list of performing notes he has available for purchase. The information he provided includes the following information:
Address, City, State, Loan Date, Rate, Term...
I currently invest in non-performing notes (seconds). I attempt to get the borrower back on track using a variety of work-outs that benefit both the borrower and me.
I use FCI to service the loans once they b...
Ultimately, stock investing simply can’t surpass multifamily investments when it comes to cash flow. While there may be a select few companies that pay comparable quarterly or monthly dividends to shareholders, they c...
Hey there, we bought a note for about 8000.00, non performing, and have not had success with contacting the borrower. We need to be included on his insurance policy for the property.How does one contact the homes ins...
I am sure I will find the answers to my questions on this awesome forum. Ok here is my situation. We manage a condominium association with 80 units. about half are owner occupied and the rest are either vacant or bein...
Hello,
We are wholesalers trying our hand at flipping notes. We have identified potential properties. Now working on the numbers: how much to offer the bank. Then we will likely assign the contract for a flat fee fo...
I've spent the last two years remodeling our 1912 craftsman bungalow home. This process has done two things. One, help me discover I love carpentry. Absolutely love it. I grew up a farm kid and have spent the last 10 ...