What Would You Say You Do Here?
Like most engineers, I always enjoyed the movie Office Space. There was a notable scene where someone gets asked what they do in their job and he explains that he's…
Like most engineers, I always enjoyed the movie Office Space. There was a notable scene where someone gets asked what they do in their job and he explains that he's…
The majority of the loans I've acquired have been contract for deeds (CFDs) instead of traditional mortgage notes. I'm not going to do a deep dive on what CFDs are and how…
With non-performing notes you can run into a lot of unique situations. This week I ran into one on a CFD in Cincinnati that was new to me. Some cities…
A few weeks ago I talked about the importance of negotiation. I have noticed lately that sellers and other counter parties often give reasons for pricing that are completely ridiculous, and…
Sometimes boring is good when it comes to investing. Here's an example of making money with notes in a way that is very low stress. This is a performing note…
Part of any due diligence process involves looking up a property on Google Maps. If you are just looking at a handful of assets, then looking them up manually is…
I try to keep track of lessons I have learned on my note deals, borrowing from a process I learned in the aerospace industry. Sometimes the lessons learned involve people or…
To run a successful notes business you need to become comfortable with negotiation. I find myself negotiating on a daily basis. Often its with borrowers on the terms a forbearance…