How to buy, sell, broker or invest in private mortgage notes for cash flow!
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...]
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 … [Read more...]
We are often asked, "How can I make it in the note business?" That usually prompts us to ask a couple of questions to understand what, specifically, they mean by the question. Some people want to … [Read more...]
New and experienced brokers alike are always interested in the hottest current trends in cash flow notes. Everyone wants to know what everyone else is doing (because no one wants to miss anything!). Over the past few years, we have been inundated with Life Settlement requests. Fortunately for us, I find them very interesting and fun to work: I say fortunately, because the commissions are excellent. … [Read more...]
We are headed to San Francisco to participate in the Women in Real Estate Event on March 26, 2011. This full day event is sponsored by SJREI, the bay area's premier real estate investor's association at the at the Sequoia Yacht Club in Redwood City, California. Join women real estate investors as they share their success strategies at the event entitled, Steel Toed Stilettos: Real Women Own Real Estate. Here's a look at the line-up and topics: … [Read more...]
Are we buying notes on cruise boats now? Well...sort of. Last weekend we were asked to present our 5 strategies for moving from note finder to note investor. The seminar was sponsored by … [Read more...]
