| |
|
Resource Highlight
In easy to
understand language, the topics
that are discussed in the Note
Holder's Handbook include:
·
How much is your note really
worth?
·
Why record keeping is vital
to your note's value
·
A simple technique that can
avoid tax problems.
·
What to do when the payments
are late.
·
What to do if the payments
stop and when to foreclose
·
A simple step you can take
to verify the safety of your
note.
·
How to get top dollar if you
sell all or part of your
note.
The Note Holder's Handbook
also includes a Handy
Reference Data area to keep
all of the pertinent
information regarding the
note in one place AND a
simple to use Payment Record
chart to keep track of the
payments received. This
handbook is a must for
someone receiving payments
on a real estate secured
note as well as a fabulous
marketing tool for note
brokers and investors.
good saleable note as well
as suggested property sale
and note structures.
Click for more info and to order
TODAY! When you order this month
you will receive the WORD format AND E-Book version for FREE!
|
 |
Tip of the Week
Did you know...
When a note holder says
something positive about you or
your company, get him or her to
expand on it by asking, "Why do
you say that?". Then sit back
and listen to the note holder
sell themselves on your service.
Upcoming Events
December 2014
Chicago, IL
Leadership Training
Renatus
February 2015
New
York, NY
Secrets of Paper
Renatus
TBA 2015
Los
Angeles, CA
Secrets of Paper
Ask Jeff to
come and
speak or
teach
to your group
or
at your
event!
|
Quote
of the Week
“The
brick walls are there for a reason. The
brick walls are not there to keep us out.
The brick walls are there to give us a
chance to show how badly we want something.
Because the brick walls are there to stop
the people who don't want it badly enough.
They're there to stop the other people.”
― Randy Pausch
 President's
Corner
It's hard to believe that it is
the first week of November and
the fourth quarter is already
upon us. And we all know what
that means for note business
owners: work, work, work! And
also: opportunity, opportunity,
opportunity! I’m often asked how
can one ensure a successful
period for the close of the
current year and a strong start
for the New Year? After all, the
fourth quarter brings an
opportunity to look toward the
next year; you can drum up
business during the holiday
season that can help you in the
next year, too. The real estate
market and note industry is
still in especially challenging
period. That means you have to
figure out ways to get note
holders to contact you and
accept your offers that aren’t
just based on price. With that
said, over the next 4 weeks I
have some suggestions for a
profitable end to the fiscal
year.
This week I want to think about
and know your financial goals.
The idea is to fully know where
you’re going in the fourth
quarter, so you know what you
need to achieve in this period.
Who knows? You could either be
ahead of your year-to-date
goals, or behind them. But you
need to know. Once you’ve
figured that out.... Get
Creative. You need to do
something to differentiate
yourself from your competition,
and to distinguish the note
selling experience. Some note
brokers offer gas cards, lottery
tickets or gift cards to a note
holder’s favorite store if a
transaction is started before
the end of the year and
subsequently closes.
Remember,
Success
Demands Action! Keep on
marketing, it’s going to work!
TWITA!
|
  
Would You Like to See Your Ad
HERE?
Email Us!
|
|
Feature Article
The True Note Market
I
just have to giggle when I get a
call from a newbie note broker
asking me what’s the hottest
market to go after so they can
get deals right away OR from a
note broker who stopped doing
business a few years back and
wants to know what’s hot now and
if it is a good time to get back
in the business. I giggle
because for me the question has
never been whether it’s a hot
market for notes, or a cold
market for notes. What matters
is...
Read More...
|
|
Question of
the Week
Q
- Hi Jeff,
In your training, you mention the strategy of purchasing 12 payments of a note,
for 10 x the monthly payment, giving us around a 35% yield. When you do
this, do you still do a title search and get title insurance, and go through a
regular closing, or is it more of a "kitchen table" closing? Thanks,
~
Lynn
Hi Lynn!
Thanks for the email!
It is meant to be a very fast transaction. I usually do not do an appraisal
MAYBE a quick BPO but yes we definitely do get title. Can usually be done in
5-10 business days depending on how quick the title company is. And honestly,
when this situation presents itself I will do 24 payments for 10 times the
payment amount for a 103+% yield. TWITA!
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
2012, click here to start growing your note business today!
|
|
If you have missed any of our
Newsletters click here for our
Archived Monthly Newsletters!
|
If you have a note business question you would like to see answered in this
newsletter just
email Jeff!
|
|
Get started in the
Note Business with the
Complete Note Business Starter Package - includes consultation's with Jeff!
  
|
|
|
