📊 RESULTS ARE IN - here are the details & actual metrics for Round 2: Strong engagement and solid reasoning across the board. Most guesses clustered in the 25%–35% of UPB range, reflecting realistic risk pricing given vacancy, back taxes, and package dynamics. Several of you correctly anchored on tax liability + timeline risk as the things most dragging down the value. Actual purchase price: $3,000!! (~10% of the UPB) That comes in below most estimates, reinforcing how cheap you can pick up a small-balance, vacant 1st position loan with negative factors like taxes and long foreclosure timelines (especially as part of a package deal, this trade was a total contract of 10 loans for $79,172.00 sale price - 38% of UPB total) Closest guess (winner): @Dj Olojo with $7,075 (25% of UPB) - correct framework, even if the sale price surprised to the downside. What's ironic about this - DJ was the actual buyer of this NPL back in 2024! Looks like you got a better deal than you remembered 😜 Honorable mentions: - @Iván Terrero 30% of UPB with package logic - @Andrew Bogie - strong equity vs. tax offset analysis - @Nathan Trenery - wisdom-of-the-crowd approach On Today's call, we’ll break down: - Why this asset cleared at $3,000 - Where most investors overestimated value - How buyers think about minimum viable pricing on small-balance seconds - How this compares to pricing if the same asset were performing And for those that missed it - here was the original post: 📣 The Pricing Game — Round 2 🕹️ How to Play 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: Another REAL Closed Transaction Asset Type: Charged-Off, Non-Performing 1st Mortgage (Senior Lien, NPL)

Is there any form of tax advantages with notes? I haven’t seen anything important there is but perhaps it’s just something I’ve missed. Thank you for all feedback in advanced 😄

Over the last few weeks I’ve been talking with a bunch of agents, and I noticed something interesting: Most people don’t struggle with getting leads… they struggle with what happens after the lead comes in. Some told me: “People stop replying after the first message.” “My follow-up is all over the place.” “I’m juggling too many conversations at once.” So now I’m curious, for you personally: 👉 What part of your client process feels the most chaotic right now? Lead response time? Booking calls? Nurturing? Organization? Something else? I’m asking because I’m trying to understand the REAL bottleneck in this industry… and I think the answers here could help a lot of people. Drop yours below — I’ll share what I’ve been seeing once a few people jump in.

Hey everyone, my name is Maya Rivers. I'm excited to be here and learn from this high-level group. My expertise is on the front-end of the business: I'm an acquisitions specialist who sources distressed, off-market properties (both SFR and multi-family). I understand that the best performing notes are often created from clean, rehabbed assets. My goal is to find the raw materials for that process—the ugly houses that can be acquired at a deep discount, creating a perfect equity position for a note creation play. I'm looking to build JV partnerships with investors who see the value in this pipeline. I find the deal, you take it down and create the note. If you're looking for a consistent source of off-market properties to fuel your note creation strategy, I'd love to connect. Best, Maya Rivers mayarivers2018@gmail.com

Pretty excited guys I’m about to close my first deal as a matchmaker!