If you plan to sell a mortgage note be ready to show the buyer is keeping real estate taxes and property insurance current. Follow two easy steps to protect the promissory note and demand top dollar from investors. … [Read more...] about How Note Buyers Verify Taxes and Insurance
Cash Flow Business
Let’s Be Brutally Honest About Real Estate Notes
There is a difference between being honest and being brutally honest. For example, if I ask my wife if my new sweatshirt makes my gut look big, an honest answer might be “Kinda”. A brutally honest answer would be “No, your gut makes your gut look big.” As someone who has taken literally thousands of phone calls from note holders, I’ve always been honest, but I’ve never … [Read more...] about Let’s Be Brutally Honest About Real Estate Notes
Finding the Best Note Buyer Offer
When it comes to buying and selling mortgage notes the seller and note broker want the same thing… the best possible price! That makes it tempting to blast out a quote request worksheet to every note investor in the directory. But wait! Consider the flip side before you hit that send button. … [Read more...] about Finding the Best Note Buyer Offer
Investing in Real Estate Notes: Transitioning from Note Broker to Note Investor
Have you ever thought of buying and holding a real estate note for yourself instead of brokering it to an end investor? I strongly encourage you to do so as it can be a rewarding path in the note business. I initially began brokering notes in 2005 and in 2007/2008 made the transition from note broker to note investor. Here are some thoughts to keep in mind if you are … [Read more...] about Investing in Real Estate Notes: Transitioning from Note Broker to Note Investor
Note Brokers Make Money with Monterey’s Consumer Finance Program
You buy real estate contracts but have you worked with retail installment contracts? Read our exclusive interview to discover how note brokers are working with Monterey's Consumer Finance Program to make money in the cash flow business. … [Read more...] about Note Brokers Make Money with Monterey’s Consumer Finance Program