Fred Rewey

How Can I Learn Note Brokering and Investing?

May 22, 2013 By Fred Rewey Leave a Comment

The questions on brokering or investing in notes usually start with the fundamentals. Before asking about the money that can be made or the lifestyle that goes with the industry, people want to know: Do you need some level of experience or education to succeed in the note industry? Do you need a specific college or trade degree? Can you learn as you go? Can you find great information at a reasonable cost? When I look around the note industry I see a variety of backgrounds. Sure, there … [Read more...]

Filed Under: Note Brokers Tagged With: Investing in Notes, Learn the Note Business, Note Brokering

Note Broker Marketing Secrets: Replicate Yourself

May 6, 2013 By Fred Rewey Leave a Comment

What if I told you there was a lab in Sweden that, for less than $400, will efficiently replicate you? Imagine your marketing efforts duplicated to help you get more note deals. Think about it. A single effort on your part is now reaching a multitude of people – all getting your message. Would you be in? If you were like most people (and me), you would say, “Yes, sign my up!” in a second. The fact of the matter is we are not talking about gene splicing or genetic surgery. … [Read more...]

Filed Under: Note Brokers Tagged With: finding notes, mortgage note marketing, note broker training, Note Brokers

Is a Note Brokering Business Right For You?

April 29, 2013 By Fred Rewey Leave a Comment

Let’s face it; there are a million different jobs and occupations out there. Finding the right one that meshes with both your personality and income desires can be tough. Search long enough and you will come across the cash flow industry – or in this case – specifically the segment of the industry where people by and sell private mortgage notes. Let’s take a minute and separate some of the hype from the facts and try to portray a typical “day in the life” of a note broker to … [Read more...]

Filed Under: Note Brokers Tagged With: Cash Flow industry, finding cash flow notes, note broker training, Note Brokering, private mortgage note marketing, starting a note business

Five Reasons No One Knows You Buy Notes

April 9, 2013 By Fred Rewey 2 Comments

When someone new to the note industry tells me, “I have yet to find a note,” I have to wonder if they are even trying. Ok, that might have sounded a little rude – that is not my intent. I could understand someone saying they are having trouble finding “buyable” notes. But even with a small amount of marketing, and dumb luck, you should be seeing some notes. When I first started my mortgage note business in a 500 square foot apartment most of what I saw in the beginning was … [Read more...]

Filed Under: Note Brokers Tagged With: finding notes, Learn the Note Business, mortgage note marketing, note broker training, note buyer websites

Should You Really Sell Your Mortgage Note?

April 2, 2013 By Fred Rewey Leave a Comment

With all the talk about buying and selling notes, does anyone actually take a pause to see IF they should sell their private mortgage note? Course the usual short answer is, “Well, depends on how much I can get for it.” – In reality, you might want to delve a bit deeper. Ask yourself the following five questions when deciding to sell. Did you want to carry back the note in the first place? Many people never wanted to become note holders to begin with. They may have taken back the … [Read more...]

Filed Under: Seller's Corner Tagged With: How to Sell Your Mortgage Note, Investing in Notes, sell promissory note, Seller carry-back note

Do You Need Your Own Money To Buy Mortgage Notes?

February 13, 2013 By Fred Rewey 4 Comments

In what seems like a lifetime ago I learned a very important lesson about investing money. It doesn’t have to be yours. Which was good, because at the time, I didn’t have any money. Well, I had some money, but certainly nothing close enough to purchase my very own private mortgage note. Let me back up for a minute. If you have been cruising around this site, you are probably long since sold on... The Idea of Buying Mortgage Notes Why? … [Read more...]

Filed Under: Note Brokers Tagged With: buying mortgage notes, Note Brokers, partial note purchase, tail end of note

Buy Notes Locally or Nationally?

September 26, 2012 By Fred Rewey 2 Comments

Every once in a while someone expresses this concern, “I don’t want to limit myself by only trying to find and buy notes in my own town…I want to make sure my marketing is global.” We certainly understand not wanting to limit yourself. For the most part, the market has changed. The Internet has taken many businesses to a global level of competition – but not all business. Some industries are still very personal and selling a mortgage note is not like buying a television off … [Read more...]

Filed Under: Note Brokers Tagged With: buy notes, Find Cash Flow Notes, how to build note business website

Get the Little Things Done in Less Than 48 Hours

September 19, 2012 By Fred Rewey Leave a Comment

When people start a business as a “broker” in the note industry, they are often focused on the little things. What should the company name be? What about a logo? What should my business cards look like? How do I find quality note buyers? What about a website? All of theses items are important, but they often take people weeks, or even months, to complete. The fact of the matter is each of them may seem important and certainly have some weight in the creation of your business; but … [Read more...]

Filed Under: Note Brokers Tagged With: note broker training, starting a note business

Building Your Note Business Requires Putting One Foot Forward

August 8, 2012 By Fred Rewey Leave a Comment

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 … [Read more...]

Filed Under: Note Brokers Tagged With: buying mortgage notes, Cash Flow Business, finding cash flow notes, Note Brokering, starting a note business

What’s Holding You Back, Fear or Ignorance?

July 25, 2012 By Fred Rewey Leave a Comment

I saw this subject line earlier in the week and it stuck with me. There really are only two things that can hold us back from success in the note business… Fear or Ignorance … [Read more...]

Filed Under: Note Brokers Tagged With: Learn the Note Business, note broker training, note buyer websites