Tracy Z

Note Buyer Burns To Learn

May 15, 2013 By Tracy Z 2 Comments

Ever wonder why note buyers are such sticklers for requiring proof the property is insured against fire or other hazards? Well have I got a story for you... Pulled from the archives, this Burn to Learn war story seems timely. Why? There seems to be an influx of deals recently where property insurance is holding up closing. Nothing is a better teacher than real life experience, but perhaps I can spare you from getting burned. The Note and Trust Deed Investment It was a 1940s bungalow style … [Read more...]

Can You Please Define Private Mortgage Notes?

March 25, 2013 By Tracy Z 1 Comment

Is there a difference between the definition of a private mortgage note and a seller financed note? Better yet, does it even matter? A recent subscriber's questions are answered. "I am getting confused with - what is a private mortgage note and a seller finance note. They both seem the same. A private mortgage note is a note that someone is holding on what was sold. A seller finance note sounds like the same thing to me - a note on property sold and is holding the note? What … [Read more...]

Filed Under: Notes 101 Tagged With: contract for deed, discounted notes, non performing real estate notes, private mortgage notes, seller financed notes, What is a Real Estate Contract?

Does This Financial Calculator Make Me Look Old?

March 11, 2013 By Tracy Z 3 Comments

If you plan to buy mortgages or want to take your note broker business to the next level then learning your way around a financial calculator is a big plus. As many of you know, Fred and I are a house divided when it comes to... Choosing the Best Financial Calculator. Fred likes the Texas Instrument Financial Analyst and I am a die-hard HP12C user. Recently a fellow HP calculator fan read that past article and wrote in with some great information. In the process I found out my … [Read more...]

Filed Under: Calculating Cash Flow Notes, Cash Flow Business Tagged With: best financial calculator, Calculating Cash Flow Notes, HP12C Review

Owner Financing Statistics For Note Buying

February 15, 2013 By Tracy Z 7 Comments

The annual statistics for owner financing are hot off the press providing an overview of 2012 and insights on note buying in 2013. "2012 saw a 15% increase in the total number of seller financed transactions, the greatest number of notes created in any year since 2006," reported Scott Arpan, President of Advanced Seller Data Services. The analysis was based on 1702 counties reporting across the U.S. for a count of 103,313. Click here to download the full report in PDF format. Seller Financing … [Read more...]

Filed Under: Note Buyers Tagged With: note business statistics, owner financing, owner financing regulation, seller financing

Looking For Notes In All The Wrong Places

February 5, 2013 By Tracy Z

Some things never change...unless you change your behavior. You know that song right - the country singer looking for love in all the wrong places? Well in the cash flow business we are often singing the blues about looking for deals in all the wrong places. It is easy to do. There is no shortage of so-called "experts" out there telling you where to find notes. Don't get me wrong, some people have some great ideas, most don't. The fact of the matter is that we have a very short list … [Read more...]

Filed Under: Note Brokers Tagged With: Find Cash Flow Notes, learn cash flow notes, owner financed, owner financing, sell real estate contract

Can You Attract Note Holders With Content Marketing?

January 21, 2013 By Tracy Z Leave a Comment

Is it effective to use list building, emails, and content marketing to find note holders and turn them into sellers? Recently a note broker asked a series of really great questions and you'll want to read the answers! "I understand the concept from your article 7 Essential Tips For Marketing Your Note Business Online but how do these ideas fit with a note broker or consultant? Who are you actually gathering names from for your list? Would they be note holders who you hopefully could turn … [Read more...]

Filed Under: Note Brokers Tagged With: find real estate notes, Note Brokers, note business online, note buyer websites, note holders, note marketing, note sellers

The State of The Real Estate Note Industry

October 31, 2012 By Tracy Z 2 Comments

Seller Financing Note Business Statistics

We just returned from the NoteWorthy convention where everyone seemed to be talking about three things: 1. The increase of owner financed notes (up by over 15% in 2012); 2. The opportunities in non-performing notes; and 3. How to effectively market a note business online. It was great to … [Read more...]

Filed Under: Notes 101 Tagged With: non performing real estate notes, note business online, note business statistics, Seller carry-back notes, seller financed notes, State of the Note Industry

Cash Back Bonus From Note Buyer Alaska Financial

September 14, 2012 By Tracy Z Leave a Comment

Alaska Financial has announced a special cash back Winter Blitz incentive program for note brokers. Here are the details from their recent Elite Partner Newsletter: - 1% Cash back on $500,000 or under - 1.5% Cash back on $500,001 or more - From now until the end of December 2012 they will pay up to 1.5% cash back on the accumulated funded principle.* - Quotes must close by December 31, 2012. *Only Alaska Financial Company Approved Elite Partner (EP) can be considered for the Winter … [Read more...]

Filed Under: Note Buyers Tagged With: note buyers, note purchase underwriting, Tobias Preston Alaska Financial

Tread Carefully When Working With Private Note Investors

August 29, 2012 By Tracy Z Leave a Comment

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...]

Filed Under: Note Brokers Tagged With: institutional private mortgage buyers, private mortgage investors, working with private investors