It starts with a very direct question from your note seller. "Can I get full value for my note?" Right out of the gate, you have seemingly been boxed into a corner. It is a yes or no question, but in reality, very few note sellers will receive par pricing for their note. But they didn't ask for 100 cents on the dollar, did they? They asked if they could get 'full value' for their note. In either case, the response is most likely the same. You basically need to reply in a way that … [Read more...]
Purchasing Small Notes Can Equal Big Profits
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They say that good things come in small packages. When it comes to investing in real estate notes, this can be very true for several reasons. For starters, this is one of the only investment opportunities I know where you can get in at a low cost of entry. For example, you can purchase a small note or even part of a note. I am not a franchise expert, but I am pretty sure Wendy’s isn’t going to sell me part of a store. Sure you can purchase larger notes, but not everyone wants to … [Read more...]
Note Marketing During the Holidays?
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We often get asked, "when are the ‘hot times’ to market for seller financed notes?" I think people are often looking for a precise answer like “Oh, February 7th is the best day of the year!” Of course marketing is never really that precise… …but there are DOWN times that you will want to pay attention to while deciding how and when you are marketing. Why? Well, for starters, we always want our message to be read. Or, at the very least, the best possible chance of being read. If … [Read more...]
The Many Faces of an Owner Financed Buyer
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Have you ever tried to describe the “typical” buyer purchasing property where the seller provides financing? Many mistakenly think of only those that are “down and out” on their luck. Let go of preconceived notions and start looking at seller financing as a potential creative financing solution. … [Read more...]
Top 5 Ways to Buy Mortgage Notes
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One of the things that make buying and selling mortgage notes so appealing is the multitude of ways an investor can purchase a note. Frankly, you are limited only by your imagination. Well, maybe imagination and reaching a desired yield. Here is a quick look at calculating the cash flow business that even those with math phobias will like. The Top 5 Ways to Buy Mortgage Notes 1. FULL – A full is just that. Buying the entire note. If the seller has 322 payments remaining, the investor … [Read more...]
50 Ways To Leave Your…SFH Note
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A mistake many investors and brokers make is to focus solely on notes secured by single family houses (SFHs). Unfortunately, that is a last-century approach. The lowest interest rates in recorded history have meant that our Springer Spaniel could qualify to buy a house. So most homeowners have had no reason to offer seller financing. The Dodd-Frank Act of 2010 also negatively impacted the creation of notes, most likely because its complexity and consequent potential liabilities discourages … [Read more...]
Social Media Marketing for Note Buyers
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By now you no doubt have some type of web presence for your note buyer business. Whether you are broker or investor, even the simplest website can work for you 24/7, provide leads, and gain you valuable credibility. But what about an ongoing conversation that keeps you relevant and in their minds? Social media marketing is certainly a key part of that, but not as easy for the note buyer or broker. How often should you share info? What information should you share? Where do you … [Read more...]
Note Investing Info: What Was Hot In 2016
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Is 2016 really almost over? Let us be one of the first to wish you a Happy New Year! May 2017 be a prosperous year for your note investing business. As the year closes we like to both reflect back and plan ahead with a look at the info you wanted to read most. With over 350 pages of free online content, there are lots of choices! In 2016 alone those pages were viewed over 170,768 times. Here's a look at the topics you visited most at NoteInvestor.com. Top 10 Most Read Note Investing Info of … [Read more...]
How to Create Business Notes for Resale
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When selling a business many sellers will consider owner financing a portion of the purchase price for the buyer. Unfortunately, collecting monthly payments on a business note can be it’s own risky business. Here are three truths that both business owners and brokers should know before creating a seller financed business note for resale. … [Read more...]
Top 3 Results Of The Note Business Survey
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Remember that note business survey we sent out a couple of weeks ago? Well, we thought you would love to hear some of the results! So, without any additional fanfare, here are the top three questions.... 1. How often do you visit NoteInvestor.com or NoteInvestingTools.com? A. Nearly 70% of all people visit the two sites multiple times a month (and many visit a couple of times every week). We know the value of a website (why do you think we created Turn-Key Note Buyers sites for people … [Read more...]
