Michael Vaughn
yield on note not accurate since part of it is principal
heyi am starting my way in the note business, been watching a weclosenotes video and there is something i didn't get (also noticed that in other places for for sake of discussion will refer to that).in the video i wat...
Alvaro Leis
One month rent plus 8.5% for property management?
Hello I bought a house in Atlanta and was trying to get a property management company to rent it out since I’m far from Atlanta (about 1 hour). I found a company with good reviews in google so I called them, they char...
Ryan Schuler
HVAC system decision
A friend of mine is Trying to decide on a new heating unit. He said that he was quoted $10,000 for a Lennox unit with all new install, or $7000 for a York system with the same equipment that is there (which the sales ...
Davey V.
GC cut of the profit on spec home
I have completed my first spec home sale, and it went extremely well. I had a GC build it turn key and it went under contract before it was completed. I made quite a bit on it and it was a complete success. I did n...
Cameron York
Forclosures on non performing notes and its process?
I know that every situation is different regarding who the borrower is and the foreclosure regulations regarding the location, but I was wondering how often it happens and how the process usually pans out when purchas...
Martin Saenz
Non-Performing Note Exit Strategies
Do you buy NPN’s that meet a particular Exit Strategy? What is it and why?For me it’s simple….when I buy an NPN, my objective is to help the borrower get back on their feet with a payment they can afford. Thus, I onl...
Mary D.
Why would I use Quicken Loans? "Rocket Mortgage"
Ive been re- looking at all finance options for flipping and multi units. Banks, Portfolio Banks, Local Mortgage Companies, Nationwide Mortgage Companies... Ive used banks, local portfolio banks, credit unions & l...
Carlos Little
How to report taxable gains on NPNs
Hello everyone,
I am about to begin investing in notes myself, but I have a conflicting question posed by a client of mine who also invests in non-performing notes.
How do you report any gain from these...
Eric Johnson
Invest in Real Estate (RE) via Self-Directed IRA
Greetings BP,
Has anyone used a self-directed IRA to invest in RE? If so, what was your experience? I'm considering rolling some or all of my ROTH IRA funds into a self-directed IRA to invest in RE
Jason Howell
Market research strategy for BRRRR/Buy and Hold
Hello to the fantastic BP community! Life changers, you all are. But you know that. :)I'm near completion of finalizing my fourth buy-and-hold property in Indianapolis via turn key and I continue to get this feeling t...