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Quote
of the Week
“I
learned this, at least, by my experiment:
that if one advances confidently in the
direction of his dreams, and endeavors to
live the life which he has imagined, he will
meet with a success unexpected in common
hours.”
― Henry David Thoreau
 President's
Corner
Are you just starting out in the
note business and looking up at
the top brokers, wondering how
they consistently produce note
leads and closings? Or maybe
you’ve been in the industry for
a while but can’t seem to break
into a bigger market. Does your
note business solely rely on
your past relationships? You
might also be an experienced
note professional looking to
juice that last 20 percent out
of the market you’ve mastered.
Wherever you are in your note
business career, most Note
Brokers have the same questions
rolling through their head as
they fall asleep at night: “What
would happen if my lead sources
dried up?”I’ve got a better
question for you: Is your
business built like a diving
board or the Parthenon?
Let me explain. A diving board
relies mainly on one source for
stability. Whenever that source
disappears, so does the diving
board’s ability to do its job.
The Parthenon, which has been
standing for a very long time,
relies on hundreds of pillars to
stabilize itself.
You want to build a note
business marketing plan that,
like the Parthenon, is very
stable — with numerous ways to
get note holder leads you really
have to consistently fine tune
your marketing plan at least
every year if not more often.
Get to work, test and retest,
experiment and find lots of
leads in 2015.
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!
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Feature Article
Move Forward With Note
Less than three years ago one in
four hundred real estate
transactions were seller
financed. Today they are
predicting one in fifty real
estate transactions to be seller
financed (I believe it’s even
more than that about three in
100)...
Read More...
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Question of
the Week
Q
- Hi Jeff,
Quick question does anyone buy newly created notes anymore at the closing
(simultaneous closings)?
~
Linda
A -
Hi Linda!
Thanks for the email!
The term Simultaneous Transaction makes most note buyers shudder. They really do
not happen anymore and even when it was a "thing" very few got to closing. The
reality is that some performing note buyers will buy a note with as little as 1
payment being made while most note buyers require 3 payments to be made before
funding the note purchase. The main reason is that we need the separation from
the sale of the property to when the first payment is paid to the note holder to
document and clarify the fact that it is a seller held note and note a loan in
disguise. 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
2015, click here to start growing your note business today!
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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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Note Business with the
Complete Note Business Starter Package - includes consultation's with Jeff!
  
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