That is the reaction I generally get when I tell people what we do. Or sometimes they will respond with “Oh, that’s got to be tough right now.” Perhaps it is my answer, but mostly it is because many people’s perception has been clouded with everything they hear and read on the news about mortgages and foreclosures over the past few years. … [Read more...] about Real Estate Note Investing: “Wow, That Sounds Risky!”
Archives for 2010
Quoting Cash Flow Notes
When it comes to quoting and buying mortgage notes there are basically two camps of note brokers. One camp takes the “Quote on the Fly” approach, while the other has the “No Note, No Quote” mentality. … [Read more...] about Quoting Cash Flow Notes
Guru Rhymes With Screw You
gu·ru [goo-roo] – noun Any person who counsels or advises; mentor, or a leader in a particular field. Based on the definition above, there are several of us in the seller-financed industry that might be considered ‘gurus’. After all, we post helpful articles on websites such as this one, and offer guidance to those who ask follow up questions. We teach at industry … [Read more...] about Guru Rhymes With Screw You
Note Buyers Love Payment Histories
Buying and selling mortgage notes is all about receiving those monthly payments. Keeping accurate records will show how much the buyer still owes along with their payment habits. Plus, it improves the value of the note to investors. … [Read more...] about Note Buyers Love Payment Histories
How to Negotiate Cash Flow Notes
One of the more popular questions, after “How do I find notes?” is “How do I negotiate with a note holder?” Since the cash flow business affords consultants the ability to determine their own fee, many new note brokers feel challenged on how to present an offer. These 5 tips should help you be that much closer to closing the deal! … [Read more...] about How to Negotiate Cash Flow Notes