The most common question among note sellers is also the one that most new note brokers hope never to hear. Although I cover numerous ways and specific scripts for answering this question in the Finding Cash Flow Notes Training, I want to address it here from a 30,000-foot level. When dealing with the note discount question, remember three important things… 1. “Discount” is … [Read more...] about Will I Have to Sell My Note at a Discount?
Archives for 2011
Owner Financing, Seller Financing, Dodd Frank, Safe Act, and You!
Tired of hearing about owner financing laws? We share your pain. First the Safe Act had a say on Seller Financing and then the Dodd Frank Act. Why the government would want to slow the housing rebound further by putting stringent restrictions on seller financing - one of the few alternatives to bank financing available in today's struggling economy - is beyond us. And it's … [Read more...] about Owner Financing, Seller Financing, Dodd Frank, Safe Act, and You!
Note Broker Marketing With Note Appraisals
Just What is a Note Appraisal and How Can it Help My Note Broker Business? I just finished up an Opinion of Value for a real estate note down in South Florida. It was the second request for a fee based note appraisal in the past several weeks, a service that has been growing in demand. These requests primarily result from our networking efforts and presentations at Real … [Read more...] about Note Broker Marketing With Note Appraisals
NoteWorthy Industry Achievement Award Interview
Wondering what it takes to survive in the note business for 20 years? Read our interview with NoteWorthy Newsletter! Fred and I have been going through work and personal items in an attempt to control the ever growing amount of "stuff". While sorting through the memories there were a few definite keepers. One of these was the plaque I was honored to receive from Jon … [Read more...] about NoteWorthy Industry Achievement Award Interview
Russ Dalbey’s Winning in the Cash Flow Business In FTC Lawsuit
The FTC and Colorado Attorney General have filed a complaint against Russ Dalbey for allegedly defrauding consumers with his "Winning in the Cash Flow Business" system. You may have seen the TV infomercials with Dalbey claiming people could make big sums of money as a note broker in three easy steps... Find 'Em, List 'Em, and Make Money... in just minutes a day. The claims … [Read more...] about Russ Dalbey’s Winning in the Cash Flow Business In FTC Lawsuit