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, … [Read more...] about Are You In The Note Business For The Wrong Reasons?
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 … [Read more...] about Work the Note Business One Day a Week?
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, … [Read more...] about Cash Flow Calculation Contest
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 … [Read more...] about Does Social Media Really Help Your Note Business?
The Good, Bad, and Ugly Note Sellers
When dealing with a mortgage note seller, what is the most important element of the negotiation process? The amount of the discount? How long it takes to fund? The reputation / credibility of your company? At the end of the day, it is none of the items listed above. Sure, some people will say “price” but the fact of the matter is the value of the note (your bid) is a … [Read more...] about The Good, Bad, and Ugly Note Sellers