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Real Estate Note Investors

537 members • Free

2 contributions to Real Estate Note Investors
props to Iván for earning the 🔥!!
Skool has a great feature to reward a "streak" of activity on the platform. When you rack up 30 days of consistently liking/commenting/posting a combined total of 10 times per day - you'll get a little 🔥 emoji next to your name - @Iván Terrero is the first in the group to earn one! I'm working on earning my own because consistency is key in business. I hope to see a lot more 🔥 around here soon! (at the very least, all you have to do is press the 👍 button on at least 10 posts in the community per day - and that activity helps out our group a ton - so get to liking!!)
props to Iván for earning the 🔥!!
3 likes • 4d
Whats up Mr Ivan.
📣 Introducing: The Pricing Game!
Our first round of The Pricing Game has concluded! Actual purchase price: $32,211 (~53% of UPB) 🎯 Closest guess (the winner!): @Roman Bassovski , who came within ~$1,200 of the actual sale price. Honorable mentions to: @Jeff Vincent: $30,000 @Smitty Smith: $30,200 (45–50% range) Join Round 2 here 👈 And here is the original post: This is how you train your pricing instincts without risking real money. Your job: guess the final sale price as closely as possible. Most new investors struggle with one thing: “What do notes actually trade for?” This game compresses years of deal exposure into minutes. You'll learn to: • Price notes realistically • Understand how equity actually gets discounted • Start thinking like a buyer How to Play (Simple): 1. Review the deal data below 2. Comment with your best guess for the final sale price 3. Optional: add 1–2 sentences explaining your logic 4. Closest guess wins the round 📂 Today’s Deal: a REAL Closed Transaction Asset Type: Charged-Off, Non-Performing 2nd Mortgage HELOC (Junior Lien, NPL) Sale Date: 12/26/2023 Property Type: Single Family Home Location: Fort Washington, MD 20744 - Prince George’s County Property Fair Market Value: $424,500 1st Mortgage Payoff (Current Senior Lien): $175,608.46 2nd Mortgage (Unpaid Principal Balance, "UPB"): $60,449.90 Status Notes: • Subject asset is a Non-Performing Junior Lien • Charged off by the bank on 11/02/2022 • Subject Junior lien is behind a Current Senior (1st mortgage) • Sold to a member of the Mastermind Accelerator on 12/26/2023 in a package of 3 assets What do you think this note actually sold for? Leave your guess down below!
5 likes • 4d
My best guess would be 45-50% percent of UPB . Solid 1st first lien position. Plenty of unknowns based off the other posts. Hello everyone.
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Smitty Smith
2
12points to level up
@smitty-smith-3506
Owner Operator of Note Starter Capital Investments. Note Starter is a Cash-Flow mortgage Note Investor.

Active 2d ago
Joined Dec 6, 2025
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