Notes sourced from contractors and suppliers?

[Brian Kempler]

John Schaub talks about some ways he sources notes, including the following:

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12. Major appliance, carpet salesman, etc.
14. Home repair contractors
15. Building supply
16. Roofers
17. Pool contractors
18. The courthouse

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A few questions about this:

1. Are contractor liens inferior to 1sts and 2nds?

2. What kinds of liens would a fridge or carpet store even have?

3. Any idea what sourcing notes "from the courthouse" might entail?

[Chris Seveney]

@Brian Kempler

1. Yes inferior

2. Be like buying credit card debt - unsecured

3. Courthouse - maybe looking up judgments and buying judgments

My guess is if you did the above the amount of time spent on it you would be better off walking around a city picking up spare change than what was noted