Archives for August 2012

Tread Carefully When Working With Private Note Investors

Thinking of working with private investors when selling mortgage notes or trust deeds? We recently received a  question through our online training asking what to be on the look out for and wanted to share our insights with readers here at Note Investor. Thank you Tracy, I have one other question, are there any laws surrounding selling notes to non institutional investors for whom I would need to do the research on a Note for? - Mark Yes and great question! You want to keep a careful … [Read more...]

NoteWorthy Convention 2012-Meet The Band in Vegas!

Ready to mingle with Note Buyers? Join us October 25-28, 2012 for the 26th Annual Noteworthy Convention in Las Vegas, Nevada! Get direct with institutional investors, meet private mortgage buyers, and learn note broker marketing strategies from leaders in the note business. NoteWorthy plans to surpass last year’s 300+ attendees, so the networking will be incredible with over 30+ speakers (including yours truly) working hard to deliver up-to-date strategies. This year's event has a … [Read more...]

What Determines a Mortgage Note’s Value?

The second you get past explaining, “What is a private mortgage note?” the next question is, “How do you determine its fair market value?” There are a lot of variables that go into a Note Buyer determining how much a note is worth for lump sum purposes – and each investor may have different hot buttons. Here are the main ones… 1. Credit Score How is the credit on the people who are paying on the mortgage note? Obviously the higher the credit scores the better. That said, many people carry … [Read more...]

Building Your Note Business Requires Putting One Foot Forward

There are many types of people who go into the Note Business - different ages, different interests, and different motivations. You can sit around guessing the level of success each will get in the beginning but experience has taught me that this is not possible. I have seen well-educated people do nothing. I have seen seemingly “unqualified” people enter the note business and rise to the top. So, what does it take to succeed? Although there are a million variables that people will … [Read more...]