As 2018 winds down, thoughts turn to 2019. There is no question that I am a big fan of goal setting for both short-term and long-term goals. At the end of each year, Tracy and I get together for an entire weekend and focus on what we want to accomplish the following year. The list is certainly not limited to ‘work’ related goals. Sure, that may be the majority of the list…and the primary purpose of the list, but personal goals are just as important. After all, life is about … [Read more...]
Buying Structured Settlements With Prosperity Partners
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Looking for an alternative cash flow investor? For over 20 years Prosperity Partners, Inc. (PPI) has been buying structured settlement payments, lottery winnings, and other specialty notes. These are secured through a court order and guaranteed by either the State where the Lottery was won or by an annuity policy issued by an Insurance Company. Note Investor spoke with Greg Hall, Sales and Finance Manager, to see how sellers and brokers could benefit from their services. … [Read more...]
Building Your Note Business Requires Putting One Foot Forward
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There are many types of people who go into the Note Business - different ages, different interests, and different motivations. You can sit around guessing the level of success each will get in the beginning but experience has taught me that this is not possible. I have seen well-educated people do nothing. I have seen seemingly “unqualified” people enter the note business and rise to the top. So, what does it take to succeed? Although there are a million variables that people will … [Read more...]
Building a Winning Cash Flow Business Website Video
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Wondering what makes a winning website for the cash flow business? Watch this video walk-through to answer these important questions for finding cash flow notes online: … [Read more...]
5 Myths About the Cash Flow Notes Business
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I want to have a very candid conversation about working in the cash flow notes business. Just what it is, how you may be part of it, and some common myths and facts. I have been in the note industry for over 15 years. … [Read more...]
Note Broker Fees In The Cash Flow Business
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How much can a note broker make on a deal? That's the short summary of a cash flow business question we received last week from a Note Broker. It was an earnest inquiry and we wanted to share our answer in this edition of Real Deals! I was just visiting your site and wanted to know what a fair % of cash flow a broker can expect from a performing package deal? There are buyers wanting a performing MHP package I have available with only 2-3 yrs. to maturity and the smaller lender wants to … [Read more...]
5 Rules for Working with Note Buyers
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Let's face it. When it comes to the cash flow business note buyers are the driving force behind funding deals. Unless your Warren Buffet or Oprah Winfrey, you will need access to investors to be a successful note broker. Even if you buy notes yourself, there will be times a deal does not meet your parameters or funds are tied up elsewhere. Just remember these... … [Read more...]
Building Rapport for Note Brokers
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Rapport (noun) \ra-‘por\ : relation marked by harmony, conformity, accord, or affinity We’ve all been in this situation: A spouse or a friend asks you to attend a Christmas party, a wedding, or a company picnic where you know absolutely nobody. Worse yet, your link to familiarity heads to the bathroom and leaves you…totally…alone… … [Read more...]
Find Cash Flow Notes with Note Seller Lists
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What does it take to be an expert in finding real estate notes? We're pretty sure mailing 50,000 note holders per month qualifies. Get all the details in our exclusive Note Investor (NI) interview with Scott Arpan of Advanced Seller Data Services (ASDS). … [Read more...]
How to Negotiate Cash Flow Notes
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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...]
