[Ryan Sanders]

Ryan Sanders

What would I use the POA for and what is a UCC1? As it stands, I have a bill of sale and secured promissory note prepared and to be signed tomorrow and I will be holding the title myself and not transferring until settlement of the note. I’m open to any suggestions.

I’ve also installed a tracker into the car that can disable it if he kisses a payment to make a repo easier if it has to happen

[Ryan Sanders]

Ryan Sanders

Thanks for the help Don, you made it easy 🙂 lol

[Ryan Sanders]

Ryan Sanders

Brand new*

[Ryan Sanders]

Ryan Sanders

Got it. So on a branch new note, the interest rate will equal the yield so long as there are no points or anything involved correct?

[Ryan Sanders]

Ryan Sanders

I see. I figured there was something I was missing. Well I’m taking a loss on that, but it’s a necessary evil lol

So there is no way to figure out the yield on a note without knowing the value of the collateral?

[Ryan Sanders]

Ryan Sanders

Thanks Jeff, I like those methods. I definitely do stand way back and they’ve come out, but then been standoffish. I definitely don’t mention buying their house unless they say they want to sell and I try to mimic what Bill did when I was around. Guess there might just be some unfriendly people out there lol

[Ryan Sanders]

Ryan Sanders

I attended one of his door knocking days last year and it was fantastic!

I have hit a speedbump recently and would love to hear what you guys have done if this has happened to you.

It seems like more and more often, people are very stand offish when they answer the door, and some have even turned around mid sentence and gone back in their house. I only knock in neighborhoods at the median income level or higher and I’m noticing this primarily in the median level neighborhoods. Is this common? I’d like to keep these neighborhoods on my list because potential profit and buyer base is good, but not a huge fan of the level of rude.

Thanks for any advice, and if you haven’t seen Bill do his thing, definitely go to one of his events.