Curious about realistic expectations for outcome of a performing note. Example - A note modified a year ago to lower payment and get borrower making regular payments again. New 15 year amortization at 10% and approx 1...
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 a...
Do you always do a 50/50 split? Do you consider a lesser split (for your side) for performing notes, since there should be less to manage? When you send payments to your JV, do you include principal and interest? Or d...
Just like many of you here, eventually I would like to own several properties and eventually be able to live off of them. One of the things that I have been told is to make sure I do not touch my principal. Can someon...
Hello everyone,
I am new to BP and the world of note investing, I've read loads of postings here on BP (which is just mind blowing the level of knowledge/experience) and have loads more to go which just wets ...
could anyone recommend places to source notes as investments?
Hi Guys,
I am doing a financial review of my rental homes and would like to measure the performance of my homes. I do the following .
1. Get all rents for 2021 and subtract the expenses which are Principal, Taxes, I...
when calculating your ROI on a rental property - do you eliminate the principal portion of your mortgage payment since you are essentially paying yourself?
For example:
Purchase Price: $174,000
Mortgag...
HeyWhen buying performing notes do you tend to prefer ones that have a longer period left or a short one? There are advantages to both sides, would like to hear your thoughts on the matter. For sake of discussion, I ...
The (newer) custodian of my SD401k is requesting an annual real estate appraisal for each note I hold within the account. As in, pay for a house appraisal each year for each note.
This can’t be right, can it? Shouldn...