Andrew Jones
Tips on getting leads from agents
Hi! I’m in the SF Bay Area looking for flips, and I’m currently contacting agents about pocket listings. The only problem is that a lot of other investors are doing this as well. Does anyone have any tips on making yo...
Martin Saenz
3 Reasons that most Note Investors fail
3 reasons that most note investor's fail: 1) Fear that leads to half steppin’. I’m not a fan of rap music but I do like this song from Big Daddy Kane which is titled, “Ain’t No Half Steppin’”. What prevents most ...
Vincent Matraxia
How to get a HELOC on a multifamily?
HI my name is Vinent, I like to know how to get a a HELOC on a multifamily. This is my problem, I had a bankruptcy over 4 years ago. I purchased the property with the help of my parent 2 1/2 years ago. They loan...
Mark Welp
2nd Liens, BPO, and Equity
Hello,I am in the due diligence phase of buying a performing 2nd lien note. The homeowner has been in the property for 15+ years and is current on the 1st and 2nd mortgage, which is good. I did a BPO (as this is my ...
Account Closed
What going on with FCI Exchange ?
just received this email, Are they out of business?FCI Exchange "Site Closing Notice"FCI Exchange has had a wonderful 8 year run and we wish to thank all of our platform users.
Marc Shin
How to prove that an activity performed was "material participation" in real estate
Hello. I'm going to keep track of my real estate activities in management of an STR, and will track the activities using an activity log. My question is - how do I prove in the time log that I performed a particular ...
Winston A.
Form 8582 - Passive Activity Losses
Do I have to fill out Part II “Special Allowance for Rental Real Estate Activities with Active Participation” of form 8582 “Passive Activity Loss Limitations”?
I am married, and our combined AGI is $125,000.
We mak...
Eddie Quispe
One or two Commercial RE Brokers
Hello everyone,I have two commercial properties (one retails shop and the other an office warehouse) that I need to lease. My question is, should I give it to just one broker or should I get a broker for each property...
Rob Barta
How about a performing 1st lien note buyer diary
The note buying industry seems to be a fascinating place, and I'm enjoying the posts about it. There have been some great npn purchase diaries that would actually make a great TLC reality show in my opinion. Rather...
Jess Hewitt
Valuing a note for sale
I have a note that I would like to sell. Help me arrive at a value. Here are the detailsOriginal Note: $48,500, 8% interest, 30 years, secured by first lien on $70k property, typical note terms.Date: 12/9/2009Curre...