note business | Note Investor

3 Things You Can Do For Your Note Business Today

June 27, 2012 By Fred Rewey 2 Comments

People like “to do” lists and frankly, they are pretty darn effective. You have something written out just waiting to be checked off with an emotional satisfying swipe of the pen. So, without any further delay, here are three things you can do TODAY that can move your note business forward. To Do Item #1 - Write a letter to a potential referral source. Contact a real estate agent, CPA, attorney, title agent, escrow company, or other real estate professional. Tell them what you do … [Read more...]

Filed Under: Note Brokers Tagged With: finding cash flow notes, note broker training, note business, real estate notes

Starting Your Own Note Business? Better Have a Lot of Quarters In You!

June 20, 2012 By Tracy Z 2 Comments

I’m often asked what it takes to have a successful business buying and selling notes. Well my new answer might just surprise you... You Need a Lot of Quarters In You! What?!?!? Quarters? Yes, and let me explain. Remember the mechanical rides they used to have outside the grocery stores? Well when our daughter was small she loved to ride the pony after a trip to the store. She knew it took a quarter to take that unmoving hunk of metal and turn it into a spirited stallion galloping … [Read more...]

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

Charging Late Fees on Notes

March 28, 2012 By John Moren 1 Comment

Note Smith Note Buyer Softwared by John Moren

Successfully owning or buying cash flow notes requires a solid plan for collecting and servicing the payments. But what happens when the note payments are late? John Moren, a 25+ year veteran of the note business, explains the issues with charging late fees on notes. In speaking with our NoteSmith loan servicing software users, I sense a lot of confusion and unnecessary creativity concerning late fees around the country. Here are some issues we have seen over the last few … [Read more...]

Filed Under: Notes 101 Tagged With: Charging late fees on notes, John Moren NoteSmith, note business, note buyers, NoteSmith software, Servicing Notes

Finding Notes: An Interview With Mike Wood of NoteDocs

March 7, 2012 By Note Investor Leave a Comment

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...]

Filed Under: Note Brokers Tagged With: finding notes, Mike Wood, Note Brokers, note business, note docs, note seller lists

Note Buyer Interview With Ric Thom of Security Escrow

February 9, 2012 By Note Investor Leave a Comment

Security_Escrow_ric_thom_seller financing

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...]

Filed Under: Real Deals Tagged With: Dodd Frank Act, finding notes, HUD Safe Act, NM real estate contracts, note business, note buyer, owner financing, Ric Thom, Security Escrow, sell real estate contracts, seller financing

Seller Financed Note Business Increases 40%!

January 25, 2012 By Tracy Z Leave a Comment

“The number of seller-financed notes created over the past two years has jumped 40%!” This breaking news was reported by Scott Arpan of Advanced Seller Data Services (ASDS) based on the analysis of information collected by their company. They currently compile data from the public recording offices for owner financed real estate notes in over 1600 counties across the United States. … [Read more...]

Filed Under: Note Brokers Tagged With: Advanced Seller Data Services, note business, note seller lists, owner financing, real estate notes, seller carry back, seller financed, seller financing

Note Buyer Interview With Americus Financial

January 17, 2012 By Note Investor 2 Comments

We are pleased to bring you this Note Buyer interview with Mark Donoghue of Americus Financial Group, a national note buying company located in Spokane, WA. What is the current focus of Americus Financial Group? To maintain our reputation as the recognized leader in the purchasing of real estate notes nationwide. In addition, with our knowledge and experience we strive to assure that each transaction is fast, satisfying, and stress-free. How did you get your start in the note … [Read more...]

Filed Under: Note Brokers Tagged With: Americus Financial, Mark Donoghue, Note broker, note business, note buyer, Note Buyer Directory

Note Business Holiday Giveaway

December 1, 2011 By Note Investor 97 Comments

We Are Giving Away One Note Present Each Day For The Next 12 Days! And there are TWO WAYS you can win... … [Read more...]

Filed Under: Note Brokers Tagged With: finding cash flow notes, note business, note buyer, note investor holiday gifts

Should I Visit The Courthouse to Find Cash Flow Notes?

November 22, 2011 By Tracy Z Leave a Comment

Wondering if courthouse research is a good for finding notes? It seems this question is making the rounds again, which is undoubtedly due to someone selling a “How To Find Notes at the Courthouse” training course for note brokers. Let me start by asking a question in return. Pardon my directness but… What year are we in? Is it 1981 or 2011? … [Read more...]

Filed Under: Note Brokers Tagged With: direct mail, find notes courthouse, finding cash flow notes, How to Find Cash Flow Notes, Note Brokers, note business, real estate notes