We recently did a member-only webinar where we had a great time “building” a mock note portfolio. It was fun not only to build, but also to assess what type of investor you are, so... DO NOT skip to the bottom! Most note investors can tell you what they like. Good equity. Plenty of seasoning. Strong collateral. A decent yield. A healthy discount. Easy foreclosure … [Read more...] about What Type of Note Investor Are You?
Note Brokers
3 Reasons Note Buyers Use Purchaser Interviews
Want to learn more about a note you are buying? Talk to the person making the payments with a purchaser interview. You might be surprised by what you find out. What is a Purchaser Interview? A Purchaser Interview (PI for short) is a friendly conversation with the property buyer paying on the real estate note. It helps a note investor get to know the payer and the … [Read more...] about 3 Reasons Note Buyers Use Purchaser Interviews
How to Make Money With Notes, Without Money to Invest
I didn't exactly start my note buying journey with a pile of money. In my mid-20s, after retiring from raft guiding (surprise, it's not that lucrative) and getting a "big-girl" job, I had some of my first savings I was ready to throw at retirement, but I wanted something beyond buying a few stocks. I'd listen to all these investors telling me what I needed to do. And I got … [Read more...] about How to Make Money With Notes, Without Money to Invest
Strategies to Help Close Deals
How successful note buyers keep deals moving from inquiry to closing. Where do you think note deals can stall out? Is it during due diligence, while trying to collect all the necessary documents for underwriting? Is it during a Purchaser Interview? Is it BPO or title? Maybe it's when the seller realizes the note can't be purchased for 100% of the unpaid balance? While … [Read more...] about Strategies to Help Close Deals
5 Ways to Use AI to Market Your Note Buying Business
If you’re buying, flipping, or investing in notes, you already know how important it is to find good deals. If I learned anything in my 30+ years in this business, it is that nothing is more important than getting the phone to ring. Without the phone ringing, everything else is irrelevant (having money to invest, connections, or being great at the calculator). That’s … [Read more...] about 5 Ways to Use AI to Market Your Note Buying Business
