Podcast
Questions and Answers
What step involves setting up a payment plan for monthly payments?
What step involves setting up a payment plan for monthly payments?
In the auction described, where are online payments preferably accepted?
In the auction described, where are online payments preferably accepted?
What was the profit made from the winning bid of $6,100 after considering the total investment of $5,500?
What was the profit made from the winning bid of $6,100 after considering the total investment of $5,500?
What is the ROI achieved based on the winning bid and total investment in the property?
What is the ROI achieved based on the winning bid and total investment in the property?
Signup and view all the answers
What makes the deal a great one for both the Seller and Buyer?
What makes the deal a great one for both the Seller and Buyer?
Signup and view all the answers
Which document needs to be signed by participants to agree to auction terms?
Which document needs to be signed by participants to agree to auction terms?
Signup and view all the answers
What is a benefit of offering owner financing to buyers?
What is a benefit of offering owner financing to buyers?
Signup and view all the answers
When selling a real estate note, what happens to the responsibility of collecting payments?
When selling a real estate note, what happens to the responsibility of collecting payments?
Signup and view all the answers
Why might someone choose to sell their real estate note?
Why might someone choose to sell their real estate note?
Signup and view all the answers
What does selling a real estate note provide the seller with upfront?
What does selling a real estate note provide the seller with upfront?
Signup and view all the answers
How can selling a real estate note help in investing in other opportunities?
How can selling a real estate note help in investing in other opportunities?
Signup and view all the answers
What is one advantage of selling a real estate note?
What is one advantage of selling a real estate note?
Signup and view all the answers
What is the main advantage of investing in ugly houses?
What is the main advantage of investing in ugly houses?
Signup and view all the answers
Which of the following is NOT an example of an ugly house?
Which of the following is NOT an example of an ugly house?
Signup and view all the answers
What characteristic makes ugly houses attractive to real estate investors?
What characteristic makes ugly houses attractive to real estate investors?
Signup and view all the answers
How can ugly houses be described based on their condition?
How can ugly houses be described based on their condition?
Signup and view all the answers
What type of sellers are often associated with ugly houses?
What type of sellers are often associated with ugly houses?
Signup and view all the answers
Why do investors need to take on some risk when investing in ugly houses?
Why do investors need to take on some risk when investing in ugly houses?
Signup and view all the answers
What is the main reason institutions may invest in real estate notes?
What is the main reason institutions may invest in real estate notes?
Signup and view all the answers
What is the difference between first lien notes and second lien notes?
What is the difference between first lien notes and second lien notes?
Signup and view all the answers
Which party is the borrower in a deed of trust?
Which party is the borrower in a deed of trust?
Signup and view all the answers
Why is a first lien note usually considered less risky than a second lien note?
Why is a first lien note usually considered less risky than a second lien note?
Signup and view all the answers
Which type of note has a higher chance of being paid in full?
Which type of note has a higher chance of being paid in full?
Signup and view all the answers
What are some common types of notes that can be sold to investors?
What are some common types of notes that can be sold to investors?
Signup and view all the answers
What role does the trustee play in a deed of trust?
What role does the trustee play in a deed of trust?
Signup and view all the answers
How is a deed of trust different from a mortgage?
How is a deed of trust different from a mortgage?
Signup and view all the answers
What type of properties are usually financed using commercial notes?
What type of properties are usually financed using commercial notes?
Signup and view all the answers
How are commercial notes different from residential notes?
How are commercial notes different from residential notes?
Signup and view all the answers
Who can become the new beneficiary of a loan by purchasing a deed of trust?
Who can become the new beneficiary of a loan by purchasing a deed of trust?
Signup and view all the answers
Why might the value of a real estate note vary when selling it to a note buyer?
Why might the value of a real estate note vary when selling it to a note buyer?
Signup and view all the answers
