Real Estate Notes

Oh, about a month.  That is the answer that I give to clients wanting to sell their real estate note and who ask me about the length of the process.  From the time that they send to me copies of the complete set of documents to the time that they receive their money is typically [...]

After you buy a defaulted note, you could always contact the borrower and act like a traditional bank, but if you do, expect the conversation to go adversarial rather quickly. What do you expect when you tell someone, “If you don’t pay up, we’ll just Foreclose and you’ll have to get out…”? Yes – but [...]

Whenever you purchase something, especially something that costs you a lot of money, it’s always best to research, do your due diligence, and know exactly what you’re buying. We all want to get the best bang for our buck, and when it comes to buying notes, they’re no exception. Due diligence with notes all comes [...]

One of the most frequently asked questions I get from investors is, “Where do you and your fund find notes to buy?” The problem with this question is that most companies (including my own) aren’t exactly interested in telling other note buyers their sources of notes because it’s proprietary and in some cases it has [...]

For many, here’s how the story goes. They have one small investment property, maybe two. Total value is around $250,000 or so. They own ‘em free ‘n clear. They’re racin’ to finish payin’ off their home mortgage so that when retirement hits, maybe in about 10 years, they’ll not have that to pay every month. [...]

Who hasn’t heard this:  ”You make your money using other people’s money”?  This is especially true in real estate!   The average investment capital required usually ranges from $10,000 to $1 Billion. As people grow in the real estate investment business they find the only thing holding them back from making more money is usually a lack of [...]