www.armstrongcapital.com

July 1, 2015

www.secretsofpaper.com

     Volume 4  Note-able Newsletter  Issue 26     

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

Upcoming Events - Subscriber Question - Product Highlight


 
Resource Highlight

      These are 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 July you will also receive the E-book versions for FREE!

Tip of the Week

         

Did you know...

 

       Good questions to ask on the first phone call with a note holder are "leading" questions. Examples: "What are you looking to accomplish? Before we get started, do you have any questions? What are your thoughts about what we discussed so far?"


Upcoming Events

 

August 21-22, 2015

     Seller Financed Notes

     Stockton, CA

 

September 25-26, 2015

     Seller Financed Notes

     Atlanta, GA

 

TBA 2015

     New York, NY

 

TBA 2015

     Scottsdale. AZ

 

TBA 2015

     Chicago, IL

 

TBA 2015

     Los Angeles, CA

     Secrets of Paper


Quote of the Week

 

There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest of them have to pee on the electric fence for themselves. 

                                                         ― Will Rogers 



President's Corner

       As a note professional, your livelihood depends on your ability to sell your services. You need to be able to convince note holders that you are the best person for the job; it all comes down to excellent communication skills.

       Part of selling your services is being able to understand the note holder’s unique needs. You can do this only by asking the right questions that get to the heart of the challenges they are facing. Once you have a clear understanding of the problem that the note holder needs to solve, you can pitch your services as the best possible option for the note holder, outlining how you will meet their needs. 

       Have a wonderful and safe upcoming 4th of July holiday weekend! 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

Note Closing Hurdles

        Having your note purchase offer accepted is like getting that runner's high during a marathon. But hold the Gatorade cooler - the note transaction isn't closed just yet... Read More...


Question of the Week

Q - Hi Jeff,

          With most of the real estate values mixed across the country (some up, some leveling off, some still down), what is the effect of purchasing notes where the fair market value of the property is lower than the balance of the note?

                                                         ~ Richard
A - Hi Richard!

          Thanks for the question! When we get an appraisal of a property back and the value of the collateral is lower than the balance of the loan two things can happen 1)it's too much risk and we cancel the transaction or 2) depending upon other factors like the payor's credit, seasoning, amount of cash down payment, etc. we may only offer to purchase a small partial to effectively lower our risk. Push the Partials! You will be much more successful with getting transactions to close. 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 2015, click here to start growing your note business today!


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