As we enter the year 2024, it is time to embrace the opportunity to make the best out of each day and create a fulfilling and meaningful year. Here are some ways to make the most of 2024, one day at a time: 1. Set Clear Goals: Start by setting clear and achievable goals for the year. Break them down ...
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Evaluating A Note
When evaluating the quality and value of real estate notes, several factors should be considered. These factors will help determine the potential profitability and risk associated with the notes. Here are the key factors to consider: 1. Interest Rate: The interest rate on the note is an important factor as it directly affects the cash flow generated by the investment. ...
Read More »Creative Financing and Sellable Notes
Creative financing refers to alternative methods of securing funding for a real estate transaction when traditional financing options may not be available or suitable. It involves finding innovative ways to structure the financing terms to meet the needs of both the buyer and the seller. Creating a sellable note, in this context, refers to the process of turning the financing ...
Read More »The Crucial Role of Credit in Creating a Mortgage on an Owner Financed Property
When it comes to creating a mortgage on an owner-financed property, creditworthiness plays an indispensable role. It will determine one’s ability to secure financing and maintain a successful mortgage agreement. I want to shed a little light on the importance of credit, its impact on the mortgage process, and the consequential benefits both parties can derive from a well-established credit ...
Read More »Rising Tide…
The well-known adage, “a rising tide lifts all ships,” has been a metaphor used to illustrate the positive effects of collective progress. It implies that when a general improvement occurs, everyone benefits to some extent. However, in the context of the default mortgage space, this adage fails to account for those who are already in dire circumstances. The default ...
Read More »Partials in the Mortgage Space: A Game-Changer for Investors
Let’s dive deep into a topic that has been revolutionizing the mortgage space and offering incredible opportunities for investors – partials! Partials, for those who haven’t heard of them before, are a form of mortgage investments where an investor purchases a fractional interest in a mortgage note instead of buying the entire note. It’s like buying a piece of the ...
Read More »Mortgage Paper: A Solid Investments Strategy In The Current Market
Real estate notes have always been a solid investment strategy, and even with the current market high interest rates, they continue to provide attractive opportunities. This can be attributed to several factors that make real estate notes a compelling investment choice. First and foremost, real estate notes offer consistent cash flow. As an investor, you can receive regular interest payments, ...
Read More »ZOMBIE FORECLOSURES INCREASE 21 PERCENT ACROSS NATION IN SECOND QUARTER OF 2021
Written By: https://rei-ink.com/ But Zombie Foreclosures Still Represent Just One of Every 12,300 Residential Properties; Percentage of Foreclosure Properties Sitting Empty Ticks Down… ATTOM Data Solutions, curator of the nation’s premier property database, released its second-quarter 2021 Vacant Property and Zombie Foreclosure Report showing that 1.4 million (1,409,457) residential properties in the United States are vacant this quarter, representing 1.4 percent ...
Read More »STOP TAKING ADVICE FROM FACEBOOK STRANGERS!
Do you know why? It’s because you cannot give accurate advice or direction without evidence or context. Does anyone know how many questions Tony Robbins asks before he makes a compelling statement during a breakthrough moment? I just heard him say on a podcast that he was recorded during one of his Date with Destiny experiences as having asked 160 ...
Read More »PPP-related expenses Nondeductible?
The IRS released guidance (Notice 2020-32) to explain that a taxpayer that receives a loan through the Paycheck Protection Program (PPP) is not permitted to deduct expenses that are normally deductible under the Code, to the extent the expenses were reimbursed by a PPP loan that was then forgiven. The PPP was created by Section 1106 of the Coronavirus Aid, ...
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