Andy's BlogJan 13NPN Story-Saved by the COVID BellHow did COVID affect our assets? There was a two month pause from March to May, 2020 where everything, everywhere was at a standstill....
Andy's BlogJan 112022 Outlook for Coastline Capital FundsLast week, I wrote a blog post about how our non performing note funds did in 2021. This week, I’ll talk about how we expect our Funds to...
Andy's BlogDec 30, 20212021 Coastline Capital Fund Year in ReviewWhat an amazing year! In January, we were still experiencing the pandemic in close to full force. Some states had re-opened. Others had...
Andy's BlogDec 23, 2021Orange County FIBI Investment Club Live Presentation of Exit Strategies For Non Performing NotesOn December 7, 2021, I made a presentation of 5 Exit Strategies for Non Performing Notes by Zoom in front of the Orange County FIBI...
Andy's BlogDec 17, 20215 Reasons Why Real Estate Prices Are So HighThe biggest news for residential real estate recently has been the incredible run up in housing prices. In a lot of markets, houses get...
Andy's BlogDec 10, 2021NPN The Story of Flood InsuranceThis blog post has been a long time in coming. It always hurts when you take a loss but I’m ready to share this story and what we learned...
Andy's BlogDec 2, 2021Coastline Capital Fund December UpdatesHere are the details for the individual Funds: Fund III Update: Of the 3 remaining assets: • 1 REO is undergoing additional repairs to...
Andy's BlogNov 24, 2021No Tsunami Of Foreclosures This Time (5 Reasons)At the beginning of the pandemic, I remember seeing a lot of posts from people on the BiggerPockets forums regarding an upcoming...
Andy's BlogNov 19, 2021NPN Story Quick NJ Sheriff's SaleLate Stage Foreclosure During the pandemic, there were a lot of foreclosure moratoria that affected different parts of the foreclosure...
Andy's BlogNov 11, 20214 Great Reasons To Invest In A Note FundAre you thinking about investing in a note fund? There are several very good reasonswhy you want to add note investments to your portfolio.
Andy's BlogNov 4, 2021NPN Story: Assignment of Rents VictoryDuring the due diligence phase for a non performing note backed by a duplex in New Jersey, I saw that the borrower had filed multiple...
Andy's BlogOct 28, 20213 Reasons For Non Performing Note SalesWhen buying non performing notes for investment, you are looking to liquidate at a higher price than what you purchased them for. Non...
Andy's BlogOct 21, 2021Coastline Capital Fund 2021 Q3 UpdatesIn 2021 Q3, almost all of our non-performing notes in our note funds progressed toward liquidations. The last of the foreclosure and...
Andy's BlogOct 7, 20213 Tips For Effective Note Fund ManagementLast month, I was asked to be guest on the Good Deeds Note Investing podcast with Chris Seveney and Jamie Batement. We had a wide ranging...
Andy's BlogSep 22, 2021NPN Story: Another Short Sale HomerunHere’s another story of a win-win short sale transaction. (Read the story of our previous win-win short sale.) Negotiations Immediately...
Andy's BlogJul 9, 2021Preparing for a Down Real Estate Market.While raising capital for our last investment fund, potential investors asked us a lot of questions in getting to know us better and to...
Andy's BlogJun 19, 2021NPN Story: Nice Little CondoCondominiums can be tricky things and require a knowledge of what makes them different from detached single-family homes. The condo...
Andy's BlogJun 4, 2021A Creditor’s Chapter 13 Bankruptcy ChecklistOver the last few years, I’ve seen more and more Chapter 13 Bankruptcy filings by borrowers on the eve of foreclosure sales. As a lender,...
Andy's BlogMay 8, 2021Reasons Why Small Funds Will Be Better for Borrowers (Post-Pandemic)I like having small note funds. By small, we currently have about $4 million in assets under management, or about 18 non performing and...
Andy's BlogApr 24, 2021Part 3 – Investing in Real Estate Notes from A-ZCoordinate Interim Servicing In a perfect world, you wouldn’t have to do anything: the seller’s note servicer and your note servicer...
Andy's BlogMar 13, 2021Part 2 – Investing in Real Estate Notes from A-ZDue Diligence The seller will send a link via Dropbox or another file sharing app with the digital images of the scanned collateral file....
Andy's BlogFeb 11, 2021NPN Story: Multiple Bankruptcy TricksI’ve gotten used to the shenanigans that borrowers will resort to stay in their homes without paying a thing or at least the smallest...
Andy's BlogJan 10, 2021NPN Story: Complete Win Win Short Sale.I love it when I can share a story where we didn’t have to foreclose. (I told a previous story in which we accepted a deed in lieu of...
Andy's BlogJan 9, 2021Part 1 – Investing in Real Estate Notes from A-ZWhen you read or hear about real estate note investing, you usually get the 30,000 foot overview of the process. It’s necessary to see...