How to buy, sell, broker or invest in private mortgage notes for cash flow!
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...]
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...]
Want to find seller carryback notes? Check out this interview with Mike Wood of NoteDocs, a company specializing in providing private mortgage note holder leads to note brokers. What is the current focus of NoteDocs? Mike Wood: The current focus of NoteDocs is to offer two services to note brokers in the cash flow notes industry. First we strive to offer noteholder lead data that provides quality leads for those interested in doing direct mail campaigns. Second, I personally strive to … [Read more...]
Interested in seller financing, real estate contracts, or buying notes in New Mexico? Then you will want to know Ric Thom of Security Escrow, the feature of this month's Note Buyer Interview. Ric has been servicing and buying real estate contracts in New Mexico for over 25 years. He's also a true owner financing expert that has been actively involved in trying to "make sense" of the HUD Safe Act and Dodd Frank Act. … [Read more...]
Before spending money on marketing for notes review your message. Effective marketing must address the needs of the note holder. This puts the attention on the customer not you. Design materials that focus on the needs and wants of the note seller rather than how great you are. Appeal to the basic human desires to have money, feel happy, save time, feel better or improve relationships. Recognize that people are generally motivated by one of two things 1) the fear of pain or 2) the pursuit of … [Read more...]
Marketing is THE KEY to success for any business. Successful note brokers can answer these four important marketing questions. 1. Who is my target audience? … [Read more...]
