All Forum Posts by: Rob Barta

I looked at prices on airbnb in the Sunnyvale Mountain View area and the nightly average was something like 700 for the weekend, but further up the SF Peninsula things looked closer to normal.

Nice list Bob,

One thing I've often wondered is what happened with PMI. Shouldn't rates have started skyrocketing a few years before the crash with all the crazy mortgages, and if that had happened that alone might have damped down too much overborrowing.

Bob, thanks for link, a lot of nice stories there, though it looks like mostly on the npn side.

Darren, glad that you are originating a lot of these notes and that they are working out.

  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 frightening in a way, but still interesting.  I'd love to read some run of the mill diaries about routine purchases of performing notes.  What went into the purchase decision, what was the yield target, what types of diligence etc. Apologies if people have done this and I've missed this, but would love to see it.

I realize this is a broad question, but I'd be interested in hearing about note investor's experiences with this phenomenon and how often it happens, and what the strategies are to get the borrower back to performing.

So then wouldn't it become easier and easier to sell the note at upb with each passing month assuming the note stays performing,  because the note is getting more and more seasoned, the balance is going down and the property value is hopefully staying the same or going up, and the term is getting shorter and shorter?

Hello, I'm an avid saver and investor in non-real estate, and am looking to learn about some relatively passive RE investments that would still yield higher than your typical publicly traded REIT. Ten years ago I did some loaning on prosper with mixed results (actually pretty good considering the overall economy of 2008) but if I did lending today would like to see some collateral out there. I'd like to develop a nice monthly income stream. Currently I have some investments in stocks, some in a private loan at a good rate, and a minority ownership share in the restaurant that I work at, as a delivery driver.

   Hello Brian,

It looks like you are really making this happen.  I'm wondering how your note investment plans are working out, and how you are doing that part of your investment strategy.