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...]
Selling Mortgage Notes? Find the Right Note Buyer!
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Note Investors fall into one of four groups, but which one is right for you? Safe to say it's not "The Posers!" Here's a look at each group including tips for finding and selecting the best note buyer. … [Read more...]
Government Shutdown, Breaking Bad Finale and Buying Notes
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Just the other day millions of people watched the series finale of Breaking Bad. The same week we were able to watch our government spin its own version of “breaking bad.” As of this writing, the folks in Washington are still entrenched in a sandbox fight that 6-year-olds would envy. Not going to jump in here and place blame on either party (both) and I am not going to elaborate on how we may solve such incompetence in the future (term limits), but I will address the cause and effect it … [Read more...]
Has Today’s Note Seller Really Changed?
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The real estate market went up and crashed back down. Bank lending dried up faster than water in the salt flats and... Robert Downey, Jr. has made three Iron Man films. So, with all these things going on, and more, it begs the question: How is today’s note seller different? The answer may surprise you. Nothing. Nothing has changed in the motivation of why a note seller would like to sell a note. People only sell real estate notes for two reasons. Happy People… Happy people … [Read more...]
The Note Industry Is Not That Hard
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8 out of 10 people are not going to like what I am about to say... The note industry is not that hard. You just need someone to show you the right path. I know that sounds insensitive, but you have to remember where I started from and why that gives me the right to comment as bluntly as I am right now. I was living in a 500 square foot apartment. I was waiting tables at night and taking classes at a local community college during the day. I was not a "great" student. If something … [Read more...]
How to Get Linked In With Note Investors
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It’s no secret I’m a big fan of marketing online. After all, it takes credit for cutting our marketing budget by over 50%. We publish regular articles to our website, optimize for search, and develop relationships with a great group of email subscribers interested in our content (thanks if you are one and reading this)! What might surprise you is it took me awhile to warm up to social media. I recognized its social purpose, but for business? I mean who really cares what you had for … [Read more...]
Referral Based Marketing For Real Estate Notes
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Referral-based marketing is a reliable source of real estate note leads that comes with three distinct benefits: 1. Low cost 2. Little to no competition, and 3. Repeat business In referral marketing it is all about building relationships. A professional referral source must first be comfortable with you before they will recommend your services to a client. Why? They know that how you perform will reflect back on them. In order to be effective it must be done in person. It doesn’t work … [Read more...]
First Rule of Note Buying: It Is Never Too Late
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The year is flying by, isn’t it? All those priority lists, New Year’s Day resolutions, To-Do Lists, and Post-It note quotes stuck around the house have all but been worn down by the everyday life. So, how are you doing on your goals? Are you on track or did “life” get in the way? The good news is that you can re-boot your business any time you want! This is only the midpoint of the year (Happy July 4th by the way) – and there is still time to pull it off! So, how do you get back on … [Read more...]
Note Broker Marketing Secrets: Replicate Yourself
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What if I told you there was a lab in Sweden that, for less than $400, will efficiently replicate you? Imagine your marketing efforts duplicated to help you get more note deals. Think about it. A single effort on your part is now reaching a multitude of people – all getting your message. Would you be in? If you were like most people (and me), you would say, “Yes, sign my up!” in a second. The fact of the matter is we are not talking about gene splicing or genetic surgery. Nope, we … [Read more...]
Do You Need Your Own Money To Buy Mortgage Notes?
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In what seems like a lifetime ago I learned a very important lesson about investing money. It doesn’t have to be yours. Which was good, because at the time, I didn’t have any money. Well, I had some money, but certainly nothing close enough to purchase my very own private mortgage note. Let me back up for a minute. If you have been cruising around this site, you are probably long since sold on... The Idea of Buying Mortgage Notes Why? … [Read more...]
