Comments for Note Investor | Note Buyer | Note Broker | Find Cash Flow Notes

Comment on What is Due Diligence? by Marc Faulkner

Marc Faulkner — Wed, 01 Feb 2012 18:10:29 +0000

I see a lot of broker jokers and “finders” trying to work note deals and get quotes on notes that they do not fully understand. The smart note broker or “finder” will learn how to do most of the initial due diligence / “research” in advance of requesting a quote from an investor. This should always involve getting a copy of the Promissory Note and double checking the numbers on your Quote Request before you submit them. Try to look at the note from the investors perspective and ask yourself, “what makes this a good deal?”

Comment on Russ Dalbey’s Winning in the Cash Flow Business In FTC Lawsuit by Tracy Z

Tracy Z — Wed, 25 Jan 2012 01:03:15 +0000

That depends on your state. Some states just require a general business license while a few have specific laws relating to being a note broker or consultant. While we can’t give legal advise you may find this article helpful pertaining to licensing for Note Brokers in California: http://noteinvestor.com/note-brokers/note-broker-license-ca/ We encourage you to research the laws of your state and consult with competent legal counsel.

Comment on Russ Dalbey’s Winning in the Cash Flow Business In FTC Lawsuit by ULYSESS WOODFORD

ULYSESS WOODFORD — Tue, 24 Jan 2012 23:22:01 +0000

Is their a license required to do this ?

Comment on Note Buyer Interview With Americus Financial by Tracy Z

Tracy Z — Tue, 24 Jan 2012 11:55:59 +0000

Hello Randy, I have forwarded your information to Mark since your comment was posted under his recent interview. You are also welcome to contact us at 888-999-7905 if you have further questions.

Comment on Note Broker Question: How Do I Find Notes On A Budget? by Tracy Z

Tracy Z — Fri, 20 Jan 2012 21:16:34 +0000

Hello Tom,
Most investors will start due diligence with your initial agreement and then will want their own agreement signed by the seller at closing. We provide a sample purchase agreement in the member’s area of FindingCashFlowNotes.com. which is fairly industry standard. However all investors have their own preferences when it comes time to issue the closing documents. Their preferred agreement will be part of the transfer package (assignment, note endorsement, purchase agreement, hello letter, etc). A few investors might demand their agreement signed upfront rather than accepting yours. This just has to be dealt with on a case by case basis. Just be careful to protect yourself by getting an assignment fee contract or some other commitment letter from the investor. Once a quote has been verbally accepted by the seller you can simply ask the investor before sending out the initial agreement until you get a good feel on how each investor handles.

Comment on Note Broker Question: How Do I Find Notes On A Budget? by TOM

TOM — Fri, 20 Jan 2012 20:19:05 +0000

A lot is being said about finding notes.
When you find a yourself and dont want to purchase the note, do you usee a purchase contract? Then assign it .

Do you let the investor use his purchase contract, while you collect most documents?

Just curious how an experienced company as yours proceeds to purchase.

Thanks
Tom

Comment on Building a Winning Cash Flow Business Website Video by Michael A. Buccilli

Michael A. Buccilli — Thu, 19 Jan 2012 03:14:19 +0000

These websites look very professional – I will be deciding on which theme would be best for me.

Comment on How to Buy Notes: Learning From My Worst Real Estate Note Investment by Omni Chaparala

Omni Chaparala — Wed, 18 Jan 2012 17:47:20 +0000

We have to be careful and have good credit when dealing with notes. Otherwise, you are playing with fire.

Comment on Note Buyer Interview With Americus Financial by Randy Paul

Randy Paul — Wed, 18 Jan 2012 01:39:11 +0000

I would like someone to call me have a lot of questions I own a lot of property and would like to sell the notes to my properties or if you have some other ideas and no a lot of other people. Randy Paul 608-239-xxxx (deleted for confidentiality).

Comment on How to Build a Note Business Website in 7 Steps by Mike Wood

Mike Wood — Thu, 29 Dec 2011 21:06:33 +0000

Fantastic information Tracy. I’ve found that WordPress.org has many amazing abilities and I’ve seen statistics showing that a large majority of sites are on that platform. One thing I have found however is that with all the options available and all the different themes it can be difficult for some to learn.

I would add Midphase.com as an option. It does allow for one click integration with wordpress.org but also has a web builder software called RVSiteBuilder that we use for our site and it is very easy and straight forward to learn.