Archives for 2014

Are You In The Note Business For The Wrong Reasons?

The act of buying privately held mortgage notes is a lot of things to a lot of different people. For some, it is a means of investing money and getting a good return on that investment. These ‘Investors’ prefer a predetermined return on investment, backed by real estate, without the hassles of owning real estate. Owning real estate, particularly rental properties, comes with tenants – which, even under the best of circumstances can become strained as the property needs upkeep. Nope, … [Read more...]

10 Tools For Marketing Your Note Business Online!

We just returned from a great gathering of note investors at the first annual Note Expo in Dallas Texas.  As promised during the presentation I am sharing the main points from my power point slides along with the tool links.  If you weren't able to attend this year's convention I'm sure you'll still find these tips helpful. Thanks to everyone for attending and being such an appreciative audience. Note Expo 2014 Marketing Presentation Outline To survive in the note business as a buyer or a … [Read more...]

Work the Note Business One Day a Week?

We receive a lot of questions about the note industry. Some questions are about the potential money that can be made, some are about finding more notes, and some are about what it really takes to run a great note business. Despite creating hundreds of articles and/or videos, we always get a couple of core questions that people just (seemingly) don’t like the answer. One of the most frequent questions deals with “working the industry part-time.” Can you work the note business … [Read more...]

New To The Cash Flow Business and Wondering About Funding Sources

A beginner in the cash flow business asks our opinion on working with multiple funding sources versus a single investor. Hi, I recently purchased training materials from Charter Financial. What is your perspective on funding all of my deals through a single source like Charter, vs. working with multiple funding sources? I am brand new to the cash flow business, work a full time job, and am just taking "baby steps" trying to educate myself. I've got Charter's materials, but would love a … [Read more...]

Cash Flow Calculation Contest

Enter to win FREE access to our upcoming release of "How to Calculate Cash Flows" This unprecedented online training includes: - Step by Step Video Instruction - Calculation keystrokes for both the HP12C and TValue software - Time Value of Money Foundation for Beginners - Advanced Investment Strategies for cash flow veterans - Learn to calculate Real Estate Notes, Mortgages, Non-Performing, Restructuring, Factoring, Partials, tail ends, balloons, split fundings, wrap-arounds, and … [Read more...]

Estimating Real Estate Value When Buying Notes

In the words of many savvy real estate investors, “You make money when you buy a property not when you sell.” But when investing in notes we are not buying the property itself. Rather we are purchasing the right to receive the remaining payments.  However, the note payments are secured by a lien on the real estate.  If things go South and the payer stops making payments then you'll end up with the property. Whether buying real estate or investing in notes, it's crucial to know the current … [Read more...]

Why We Don’t Provide Note Broker Mentoring

I don’t think a week goes by that someone doesn’t call or email us to “mentor” them as a note broker. I get why they call. We have been around for a long time, done lots of note buying deals, and like sharing information. So, why don’t we mentor people? Well, the answer may surprise you… We don’t really believe in expensive mentoring programs for note brokers. Don’t get me wrong, we understand that people need support from time to time and we have even had pros provide assistance to … [Read more...]

Selling Mortgage Notes? Find the Right Note Buyer!

Note Investors fall into one of four groups, but which one is right for you? Safe to say it's not "The Posers!" Here's a look at each group including tips for finding and selecting the best note buyer. … [Read more...]

Does Social Media Really Help Your Note Business?

This week Patrick Clark at Business Week penned the following statement based on a recent [flawed] release of a Gallup Poll… “Tweets, Likes, and Shares Don’t Make Us Buy Stuff, Americans Say.”  Of course the Gallup report was also deeply flawed with old data (circa 2012), and no one should have been surprised when people were asked if they are influenced by ads they responded, “No.” In any case, Clark's points make an interesting premise when you are talking about selling things like … [Read more...]

Dodd-Frank Fallout: Colorado Removes Seller Financing Provision From Contracts

Colorado... Where it’s easy to buy marijuana but hard to sell a home with seller financing. In reaction to the Dodd-Frank Act, the Colorado Real Estate Division has issued a bulletin on the removal of the seller financing provision in the state regulated Contract to Buy and Sell Real Estate. While the creation of new seller-carry notes is holding strong since the implementation of the Act in early 2014, we are starting to see changes in the way individual States, real estate professionals, … [Read more...]