I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
I am in the process of selecting a software system to use for a multiple property and growing portfolio. I understand QuickBooks and from what I have read from others is that the new subscription-based version is not ...
What would you do if you had 10 years and under $20,000 to build a Note Business that would net $5k to $10k a month?I am asking for myself, just so we are upfront with that. I also imagine that @Scott Carson will be m...
First year in note investing and looking forward to end of year accounting. I trying to find a CPA, preferably, in Gainesville, FL area and trying to have some screening questions to ask them.Background: l purchase...
I'm curious the answers to these questions from note investors out there.Did you start in Senior or Junior?Did you start in Performing or Non-Performing?You started with your IRA or your own cash?Educated yourself, ta...
Hello guys and gals,
On my long commutes my mind wanders as I listen to BP podcasts and I stumbled upon and idea. However I have no idea if it's a thing or even possible. The idea below:
I purchase a house all cash f...
Hi All, my name is Suzette and I currently live in Long Beach, Cali! I'm here to learn and start and grow my REI business.
My goal is to start with a house hack and continue from there. That being said, I'm lookin...
Hey BP! I'm looking at several multifamily properties and I'm unclear on performing a cap rate calculation. It seems there is some variance in what is considered an operating expense. Which of these would you class...
Hey all,Just pulled the trigger on my first note from FCI. I expect the assignment to happen this coming week. After reading everything, I figured the best learning experience is just to DO it. Pardon any of my termin...
Ok so let's say I buy a a non-performing note for 30 cents on the dollar and I know that the area is someplace relatively depressed like say Detroit.Let's say that the balance was $30k and the property is worth half t...