Quote from @Charles Kennedy: Hey BP community,I’ve been spending more time lately digging into mortgage notes—both buying and selling—and I’m curious how others in this space are approaching it.A couple of things I’ve been thinking about:Do you prefer performing or non-performing notes, and why?

I am starting to dig deep into the financials.

Hi Seth, i have a property down there and have had a good experience so far. nicia is a good group if you’re looking to network with local investors. they are meeting on this upcoming thursdayhttps://www.nicia.org/

I still see deals coming across my desk that will get this level of cashflow, but they are not beautiful properties listed on the MLS. 

I’ve been digging into the Bryan/College Station market (home to Texas A&M) and wanted to share some fresh numbers from August 2025:Median price: $356,750 (up 2.2% YoY)Active listings: 465 (up 12.6% YoY)Closed sales: 135 (down 0.7% YoY)Days on market: About 93 total (list to close)Months of inventory: 3.9 (slightly up from 3.6 last year)Most of the activity is happening in the $200K–$399K range (55%+ of sales), and only about 1.5% of sales were $1M+.

License fee, inspection fee, this tax, that tax, etc etc. 

Every investor goes through this stage.

Upon digging into making some repairs before renting it out it appears that the 3 season porch is in need of more work than I thought (and can handle).

I’ve been digging more into the note space lately, and one thing that stands out is how different due diligence looks compared to rentals or flips.Curious what others here prioritize when reviewing a note.

I am curious to uncover how all the rest of the investors (and agents and brokers) here feel about real estate agents and real estate agent fees in today's digital age where we have so much information that we can dig up on our owns from: county records, mortgage/liens, previous purchase prices, land values, tax histories, rent price history and the advent of online listing services and other sources of real estate wholesale listings and auction agencies online.