www.armstrongcapital.com

 November 16, 2016

www.secretsofpaper.com

     Volume 5  Note-able Newsletter  Issue 46     

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

Upcoming Events - Subscriber Question - Product Highlight


 
Resource Highlight

      Looking for the resources to help you continue to move forward with your note business? The Original Combo includes:

       * Scripts and Tips - In this handbook Jeff shares with you how he runs his business including finding notes, gathering information and negotiating. Jeff has also included are many valuable scripts, tips and forms that will put you on the fast track to success as a Real Estate Note Broker!  (includes industry documents disc)

       * Every Single Profitable Note Marketing Idea In The World (almost) - Yes, there are powerful techniques for finding a steady flow of profitable mortgage notes. You'll find dozens of practical tools that you can start using right away to turbo charge your note business.  You must have a marketing plan in place that will generate a steady flow of notes for your consideration. A powerful marketing plan! (includes the customizable Note Holders Handbook on disc)

Click for more info and when you

order in November you will also receive the E-book versions for FREE!

Tip of the Week

         

Did you know...

 

     Marketing allows you to find note holders while your competitors are still waiting for them.

 


 

Upcoming Events

 

November 2016

    NoteCon 2016

    Lifetime Access!

 

December 17, 2016

     Renatus

     Sacramento, CA

 

April 27-30, 2017

     PS Note Symposium

     Las Vegas, NV

 

2017

     Secrets of Paper

 

TBA 2017

 

     New York, NY

     Scottsdale. AZ

     Chicago, IL

     Atlanta, GA

     San Jose, CA

 


Quote of the Week

 

Success is most often achieved by those who don’t know that failure is inevitable. ― Coco Chanel


 President's Corner

     Successful note professionals are where they are at because they persevered. Most people have to fail several times before they are successful in the note business.

       Seventeen-year old Sabirul Islam wrote a book entitled "The World At Your Feet". He sent the book to major publishers and was rejected 40 times. However, he did not let his failure deter him. Islam self-published his book and it sold 42,000 copies within nine months.

       Adam Horwitz is another example of someone whose persistence and perseverance paid off greatly. He is the creator of Mobile Monopoly, which is an online product that earned $1.5 million in just 30 days. However, Horwitz tried 30 times before he was able to launch the product.

       You will not learn how to persevere when you are in a workshop or soaking up information from a book. You will learn it from success and failure in the business, from "time on the water", from communicating with note holders and note investors, from walking the walk and talking the talk.

       Remember, Success Demands Action! Keep on marketing, it’s going to work! TWITA!


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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Feature Article

FAQ - Purchase of Notes

       The term “private mortgage notes” (aka seller financed notes, purchase money mortgages) includes any mortgage notes or deeds of trust held by a private individual as a Seller Carryback. Seller Carryback notes are created when the seller of a property agrees to carry back the financing for the buyer of the property to facilitate the sale of that property in the form of a promissory note. 

stream...Read More...


Question of the Week

Q - Hi Jeff,

          I appreciate your prices and options. I have not quoted the >seller yet, but I am intrigued with the second option-Split Purchase. Please help me understand this option correctly.  You re offering $55,359.00 now for the balance of the payments and an additional $52,000.00 of the balloon payment when the note comes due in 7/2018. So, the seller will be getting a grand total of $107,359.00 less my fee. Do I deduct my fee from the initial offer of $55,359.00 or do I deduct another fee from the second payout in 2018 as well? Please let me know. Thank you!
                                                   ~ Jean
Hi Jean!
          Thanks for the email! Yes on the Split Purchase you deduct your fee from the initial payment of $55,359.00. So you might offer the seller $52K NOW and $52K of the balloon payment when due and paid. Most investors that will do an option like this do not usually allow the broker to deduct from the future payment. Hope this helps!

                                                     ~ Jeff


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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