Want to market your note business online but don't know where to start? You are not alone! With over 1 billion web pages created daily the sheer volume of information can be overwhelming – paralyzing even! Since going online with our first note buyer website in 1998 a few things have changed. So here's our checklist for finding notes and marketing your business on the … [Read more...] about 7 Essential Tips For Marketing Your Note Business Online
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3 Things You Can Do For Your Note Business Today
People like “to do” lists and frankly, they are pretty darn effective. You have something written out just waiting to be checked off with an emotional satisfying swipe of the pen. So, without any further delay, here are three things you can do TODAY that can move your note business forward. To Do Item #1 - Write a letter to a potential referral source. Contact a real … [Read more...] about 3 Things You Can Do For Your Note Business Today
Starting Your Own Note Business? Better Have a Lot of Quarters In You!
I’m often asked what it takes to have a successful business buying and selling notes. Well my new answer might just surprise you... You Need a Lot of Quarters In You! What?!?!? Quarters? Yes, and let me explain. Remember the mechanical rides they used to have outside the grocery stores? Well when our daughter was small she loved to ride the pony after a trip to the … [Read more...] about Starting Your Own Note Business? Better Have a Lot of Quarters In You!
Charging Late Fees on Notes
Successfully owning or buying cash flow notes requires a solid plan for collecting and servicing the payments. But what happens when the note payments are late? John Moren, a 25+ year veteran of the note business, explains the issues with charging late fees on notes. In speaking with our NoteSmith loan servicing software users, I sense a lot of confusion and … [Read more...] about Charging Late Fees on Notes
Finding Notes: An Interview With Mike Wood of NoteDocs
Want to find seller carryback notes? Check out this interview with Mike Wood of NoteDocs, a company specializing in providing private mortgage note holder leads to note brokers. What is the current focus of NoteDocs? Mike Wood: The current focus of NoteDocs is to offer two services to note brokers in the cash flow notes industry. First we strive to offer noteholder lead data … [Read more...] about Finding Notes: An Interview With Mike Wood of NoteDocs