A Real Estate Investor buys either residential or commercial real estate and rents the properties. Real Estate Investor make money from rental income and from
the appreciation of the property.
A Note Investor,Note Buyer also know as a Mortgage Note Buyer makes a profit by purchasing promissory notes/mortgages/trust deeds that provide an income stream to him/her in the form of note payments.
See the Infographic here : http://webuynotesfast.com/what-is-the-difference-between-a-real-estate-investor-and-note-investor/
I’ve been going nutso trying to get my house finished up. Over the summer, as I think I mentioned, we repaired the porch roof frame, re-roofed, and painted the entire exterior. Now we have moved to the floors. (Sorry, no pictures for now, as I don’t have a digital camera).
I have exposed yellow pine sub-flooring, 3? planks, but they are not in the best shape. When i bought the place, the floors had this ugly orange finish that was old and crumbling, so I scraped where I could and then hit it with a layer of grey floor paint. Now, almost 10 years later, that paint is in bad shape too.
My original plan had been to do plywood floors, but C and I were both concerned that it might not appeal to a buyer. So instead, I settled on hardwood floors — but as the search went on I realized that the stuff I liked was out of my price range, and the stuff I could afford was ugly or poor quality. So then we reconsidered plywood: perhapsplanks like this or this; or maybe tiles.
But when my contractor and I discussed, she abruptly said, “hey let me show you something.” She got down on the floor with a scraper and sander, and in a few seconds the a spot of raw pine wood was peeking through the paint. She popped open the can of denatured alcohol I had used to strip paint off the baseboards and brushed a coating onto the pine, which turned a beautiful,glossy butterscotch.
“I’ve refinished worse floors than these, dude,” she said looking up at me. “Heck, I can replace the one or two boards that need replacing, it’s not like yellow pine’s in short supply.”
“Yeah, but the mess of refinishing,” I began but she reminded me “You’re gonna have to sand if you do plywood. And i can have these floors done in a couple of days once the room is cleared.”
So now we’re back to re-finishing, which will be completed in October (contractor leaves on vacation Tuesday).
So I’ve been working, largely by myself, to prep the rooms for refinishing. The dining room is largely done in terms of being emptied, and now it’s on to the living room. I have a few unrelated tasks to take care of first –harvesting the year-end basil for pesto and returning my friend’s food processor, harvesting another jars worth of hot peppers for pickling– and then I’ll be emptying and storing a bookshelf, sorting through my son’s toys and storing that away, moving more furniture into the storage room, and perhaps even breaking down the stereo. I doubt I’ll get this all accomplished today, since I stayed out late last night and woke up just before 11:00. But that’s the plan, Stan.
Ben Franklin is believed to have said “Nothing is certain but death and taxes.”
If he had been alive today, he would have added “and Republican’s complete lack of foresight.” The Iraq War, for instance, was going to be over in weeks. OOOPS. Holding the debt ceiling hostage would make them look strong. OOOPS. Scott Walker was going to dominate Wisconsin. OOOOPS. The Tea Party was going to be their personal conservative army. OOOPS. Sarah Palin would rally the GOP. OOOPS. Impeaching a sitting president would work out swell. OOOOOPS.
In today’s Piggie of the Week, AP Ticker considers how the Citizens United decision backfired on the Republicans.