www.armstrongcapital.com

July 30, 2014

www.secretsofpaper.com

     Volume 3  Note-able Newsletter  Issue 31     

President's Corner - Tip of the Week - Weekly Quote - Feature Article

Upcoming Events - Subscriber Question - Product Highlight


 
Product Highlight

     So you've decided to follow your entrepreneurial spirit get into the seller financed note industry. You've heard about notes but aren't sure if what you heard is truth or hype.  Before you jump into the unknown, this 6 hour audio set will give you the reality of the note business, information and tools to decide if this business is for you. Find out step by step what it takes and how it's done. Learn the good, the bad and the ugly prior to committing your time, effort and money to a business that may or may not work for you.  Both Entrepreneurs as well as for Real Estate Professionals (Realtors, Real Estate Investors, RE Agents, RE Brokers, etc.) will benefit from the Note Business by using notes themselves and encouraging property owners to consider Seller-Financing.  You will learn the basics of how to create a good saleable note as well as suggested property sale and note structures.

Click for more info and to order TODAY! When you order in July you will also receive the Glossary of Note Terms E-Book for FREE!

Tip of the Week

      Did you know....

       In the note business, it's not the amount of time you put into your business but the quality of time that counts.


Upcoming Events

TBA 2014

     Los Angeles, CA

     Secrets of Paper

 

February 2015

     New York, NY

     Secrets of Paper

     Renatus

 


 

Ask Jeff to come and

speak or teach

to your group or

at your event!

 

Watch for Exclusive

Fred Pryor

CareerTrack

seminars

facilitated by Jeff,

details coming soon!


Quote of the Week

 

The teacher who is indeed wise does not bid you to enter the house of his wisdom but rather leads you to the threshold of your mind.
                                                ― Khalil Gibran


President's Corner

       For this last week of July my etiquette tip is don't judge.  We all have our vices—and we all have room for improvement. One of the most important parts of modern-day etiquette is not to criticize others. You may disagree with how another person handles a specific situation, but rise above and recognize that everyone is trying their best. It's not your duty to judge others based on what you feel is right. You are only responsible for yourself and your note business.  We live in a world where both people and businesses are concerned about brand awareness. Individuals want to stand out and be liked and accepted by their peers--both socially and professionally.  The digital landscape has made it even more difficult to know whether or not you're crossing a line, but I think it's simple. Etiquette is positive. It's a way of being—not a set of rules or dos and don'ts. So before you create that hash tag, post on someone's Facebook page or text someone mid-meeting, remember the fundamentals: Will this make someone feel good?  I hope you enjoyed my review of note business etiquette over the last five weeks and it will help you improve your personal and professional lives. Remember, Success Demands Action! Keep on marketing, it’s going to work! TWITA!


 

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Feature Article

Qualifying SFN Leads

           One of the most common tasks that any new note broker should learn to do is how to “qualify” a potential transaction before presenting it to a note investor for pricing.  The word “qualify” is in quotations because there is no actual qualifying for a note purchase that needs to take place as compared to qualifying for a loan to purchase a property...Read More...


Question of the Week

Q - Hi Jeff,

          I had not been on your website in a while, but I was earlier today when I submitted the information for the Mobile, AL note. I'm not sure if it was there before, or I just don't remember it, and that's the "Temporary Seller Financing with Direct Buyout" page. I like the way you've laid it out.  Have you created a brochure with this information to mail/give to FSBO's, or even MLS listed properties? You could initially mail the FSBO a post card, saying something about how you can help them get more money when they sell, then only mail the detailed information to those who respond? What do you think?

                                                             ~ Lynn

Hi Lynn!

          The "Temporary" strategy does not get me many closed transactions, MAYBE one a year with lots and lots of time educating many other possible note holders. It is one strategy to get a deal but it sometimes seems like it is more work than it's worth. Totally up to you. just my 2 cents. Hope this helps!                      

                                                             ~ Jeff


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