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Resource Highlight
Wonder what to say to Note
Holders? Negotiation starts from
the moment you first connect
with a note holder. "Scripts and
Tips - A Handbook for the
Serious Note Broker"
was written to help you with
just that.
Every month I am asked about what to say to note holders when they contact you
on that first phone call, when gathering information, giving the price and negotiating.
The book lists for you more specific questions for certain situations and
property types including condo's, commercial properties and land. It also spells
out a few of what I call "magic" questions to help you determine that
all important motivation or need that the note holder must have if you are ever
going to get them to accept an offer.
Click for more info TODAY!
When you order in January you
will receive the
E-Book version for FREE!
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Tip of the Week
Did you know...
Great note professionals have at
least three wonderful qualities:
they enjoy talking to people,
they enjoy talking to people who
don't like talking to people and
they talk to people even when
they don't feel like talking to
people.
Upcoming Events
April 27-30, 2017
PS
Note Symposium
Las
Vegas, NV
2017
Secrets of Paper
TBA 2017
New
York, NY
Scottsdale. AZ
Sacramento, CA
Chicago, IL
Atlanta, GA
San
Jose, CA
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Quote
of the Week
“When
you worry, you go over the same
ground endlessly and come out the
same place you started. Thinking
makes progress from one place to
another; worry remains static.”
― Harold Bridgwood Walker
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President's
Corner
Time is money when it comes to
the note business. Don’t wait to
make important decisions or
allow outside forces to put
pressure on you. Use the
knowledge and data that you have
at the time and then choose a
direction. I'm not saying make a
hasty rash decision, but rather
an informed decision as quickly
as possible. If you are wrong
and you know you are wrong,
don’t wait. Be humble, admit
your mistake, and of course
correct it. It’s better to
always be moving yourself and
your note business forward in
the long term—even if you have
to take a couple of steps back
in the short term.
Remember, Success
Demands Action! Keep on
marketing, it’s going to work!
TWITA!
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If you need a Valuation Estimate
or an Appraisal of today's cash
value of your secured or
unsecured notes, for the purpose
of Estate Planning, Financial
Planning, Income Statement
Preparation, Balance Sheet
Preparation, or any other
purpose we can help.
Read more and contact us today. |
  
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HERE?
Email Us
Today!
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Feature Article
Inspiring Success
...When I came out of the class
there was no funding source
directory, no member advisors,
no Master Brokers, no internet,
minimal support and lots of
questions still lingering in my
mind...Read More...
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Question of
the Week
Q
- Hi Jeff,
I have a quick question: What if the note gets paid off at any point during the
term of the partial? Say we go with a partial and the note is paid off during
the period that we hold the note. How does the payoff get divided up since the
current Note Holder will still have payments in the future due to them and we
would also have payments due to us?
~ Trevor
A - Hi Trevor!
Thanks for the email, great question! In short, if a note is paid off during the
term of a purchased partial the investor will receive the balance of what they
are owed and the Note Seller will receive the remainder. Most note buyers
create what we call a “Schedule B” when we buy a partial purchase. This
schedule is basically an amortization schedule of who gets what if the note gets
paid off at any point during the term of the partial. Hope this helps!
~ Jeff
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So you want to invest in or broker
notes?
Been trying for awhile with limited
or no results?
Check out the most talked about, current and innovative educational tools,
training, mentoring, assistance and support services in the industry! Updated for
2016, click here to start growing your note business today!
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If you have missed any of our
Newsletters click here for our
Archived Monthly Newsletters!
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If you have a note business question you would like answered in this
newsletter just
email Jeff!
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Get started in the
Note Business with the
Complete Note Business Starter Package - includes consultation's with Jeff!
  
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