All Forum Posts by: Kishore P.

@Mr Davido, @Shantel James, @Drew McLaren : Glad to do my part and Good Luck in your quest to learn about Notes.

Hello @Bob Malecki: Thank you, for your contributions on the Podcast and the other wealth of information including Notes. It feels good to give info. that others could use. Keep up the Good work Bob. We all learn from others like yourself.

@Michael Bracken: Glad to help out if I can, Thank you for responding. Good Luck with Notes. Texas I've learnt is the State for Notes, I will find out myself.

@Tom Patel: Your welcome, glad to be off assistance to everyone here. Good Luck !

Hello BP Enthusiasts: 

For the benefit of other Notes Investors like me who want to learn about Notes here is a list of Notes related Blog posted here in BP. The list is dated, 04/13/2017, which may get outdated if new blog or old blogs get deleted. If the links don't work then either the blog is archived/changed/deleted.

Here is the list...

Sl # Links 1 https://www.biggerpockets.com/renewsblog/2013/03/19/exit-strategies-defaulted-notes/ 2 https://www.biggerpockets.com/renewsblog/2013/08/07/prevent-2nd-mortgage-notes/ 3 https://www.biggerpockets.com/renewsblog/2013/08/01/p2p-lending-peer-to-peer-lending-and-investing/ 4 https://www.biggerpockets.com/renewsblog/2013/06/19/marketing-for-notes/ 5 https://www.biggerpockets.com/renewsblog/2013/05/21/dealing-with-unethical-clients-a-story-of-deceit-in-real-estate-note-buying/ 6 https://www.biggerpockets.com/renewsblog/2013/03/28/longest-note-purchase-imaginable/ 7 https://www.biggerpockets.com/renewsblog/2013/03/05/note-buying-due-diligence/ 8 https://www.biggerpockets.com/renewsblog/2014/01/09/starting-notes-real-estate/ 9 https://www.biggerpockets.com/renewsblog/2013/11/06/bidding-notes/ 10 https://www.biggerpockets.com/renewsblog/2013/09/11/collecting-arrears/ 12 https://www.biggerpockets.com/renewsblog/2013/03/12/buying-mortgage-notes/ 13 https://www.biggerpockets.com/renewsblog/2013/03/12/getting-in-contact-with-the-borrower-the-hardest-part-of-the-note-business/ 14 https://www.biggerpockets.com/renewsblog/2013/02/26/finding-buying-notes/ 15 https://www.biggerpockets.com/renewsblog/2013/02/19/five-advantages-of-note-investing/ 16 https://www.biggerpockets.com/renewsblog/2013/02/18/cash-flow-notes/ 18 https://www.biggerpockets.com/renewsblog/2012/12/19/what-is-a-mortgage-note/ 19 https://www.biggerpockets.com/renewsblog/2012/07/21/technique-to-ensure-good-note-investment/ 20 https://www.biggerpockets.com/renewsblog/2013/01/18/mortgage-notes-how-to-structure/ 21 https://www.biggerpockets.com/renewsblog/2012/01/25/mortgage-notes-a-hard-land-ing/ 22 https://www.biggerpockets.com/renewsblog/2012/02/03/even-note-investing-has-guru-traps/ 23 https://www.biggerpockets.com/renewsblog/2012/02/17/how-a-pizza-franchise-ad-led-to-a-real-estate-note-purchase/ 24 https://www.biggerpockets.com/renewsblog/2012/03/08/gas-station-mortgage-notes/ 25 https://www.biggerpockets.com/renewsblog/2012/03/23/how-bankruptcies-affect-your-note-investment/ 26 https://www.biggerpockets.com/renewsblog/2012/04/10/real-estate-investors-consider-secured-notes/ 27 https://www.biggerpockets.com/renewsblog/2012/05/10/essential-tips-investing-non-performing-notes/ 28 https://www.biggerpockets.com/renewsblog/2012/05/17/what-does-note-buyer-seeking-realestate-note/ 29 https://www.biggerpockets.com/renewsblog/2012/06/28/collecting-first-mortgage-note/ 30 https://www.biggerpockets.com/renewsblog/2012/07/21/technique-to-ensure-good-note-investment/ 31 https://www.biggerpockets.com/renewsblog/2012/01/13/property-values-and-mortgage-notes/ 32 https://www.biggerpockets.com/renewsblog/2011/10/14/real-estate-notes-investing-selling-buying-partials/ 33 https://www.biggerpockets.com/renewsblog/2011/09/24/mortgage-notes-advantages/ 34 https://www.biggerpockets.com/renewsblog/2011/06/08/5-pitfalls-note-investing-06811/ 35 https://www.biggerpockets.com/renewsblog/2011/05/25/get-note-pre-approval-before-the-deal/ 36 https://www.biggerpockets.com/renewsblog/2011/05/18/heart-smart-note-investing/ 37 https://www.biggerpockets.com/renewsblog/2011/05/11/is-your-seller-financed-note-in-respa-compliant/ 38 https://www.biggerpockets.com/renewsblog/2011/04/20/investing-in-notes-is-not-a-one-and-done-commitment/ 39 https://www.biggerpockets.com/renewsblog/2011/04/14/a-note-buyers-checklist/ 40 https://www.biggerpockets.com/renewsblog/2011/03/24/land-contracts-buying-partial-notes/ 41 https://www.biggerpockets.com/renewsblog/2011/02/09/differences-performing-and-non-performing-notes/ 42 https://www.biggerpockets.com/renewsblog/2010/03/28/how-this-note-could-make-you-money-using-your-failures-for-success/

Good Luck and Enjoy learning !

Regards

Kishore. P

@Albert D

I know you and your renters have been through hell and back. When you have a moment, Would you consider summarizing your experience so we may learn from your experience.

Here are a few questions that right off my head:

• How? and What would you evaluate the insurance coverage, what specifically should you look for in the Insurance Contract?
• Would you recommend collecting a premium from Renters to cover Renters Insurance?
• What and how? do you propose as an Investor Plan and prepare for such an eventuality (FIRE/HURRICANE/TORNADO/FLOODING) In other words What would your Disaster Recovery Plan be?

Kishore. P

It's alright to go against your parents wishes. If you feel MBA isn't going to get you anywhere you are probably right. Do Whatever it takes to get job in the Real Estate Field as you have expressed interest in pursuing a career in Real Estate. Consider ( Brokerage, Banking, Property Management) 

Generate some income with your W2 get yourself a first Rental Home via FHA Loan. Simultaneously work with experienced Real Estate Investor on BP from your area to learn more. Additionally, BP has plenty enough material to get started as Real Estate Investor. You have no encumbrances, you are young and that should be an asset.

Good Luck in whatever you choose.

@Jared Samsel:

What matters most is you are here and asking ??'s in the blog and that is a great start.

When I was young and I had similar views, thought I knew it all until I stumbled into the IRA/Roth and 401 K. I learnt quite a bit by associating with people at work who had a lot more experience than I in understanding Individual Retirement Account (IRA)

Here is my suggestion, start with Motleyfool.com, also checkout, http://preview.tinyurl.com/WhatisRothIRA

If you learn something new about IRA. Consider passing the knowledge down on to another "Yougen" like yourself.

Good Luck !

Kishore. P

@ Justin Windham: All the replies posted including your's have been very informative and educational. Appreciate it. Thank You, Kishore. P

@ Dmitriy Fomichenko: Thank you for your input, its valuable insight. Thanks. Kishore. P