www.armstrongcapital.com

 November 23, 2016

www.secretsofpaper.com

     Volume 5  Note-able Newsletter  Issue 47     

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...

 

     All marketing strategies are not equal. You may be a failure at one only to be hugely successful at another.

 


 

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

 

No matter how devastating our struggles, disappointments, and troubles are, they are only temporary. ― Josh McDowell


 President's Corner

       If you are just starting your note business or been at it for a little while learn everything you can by attending live workshops, reading books, watching videos, listening to audios and testing yourself with home study courses. 

       Immerse yourself in the activities of the note industry as much as you can. Just keep in mind that there are parts of the business that will take “time on the water” to practice and learn.

       Know that some things you just have to experience while working the business, so just start working the business and learn some as you go.

       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

Don't Hide the Facts

       During the due diligence process you, as a note broker, have a responsibility, no a duty, to provide your funding sources with all of the information that you receive from the note holder.  Whether the information is good or bad, positive or negative, inconsequential or notable you must pass it on...Read More...


Question of the Week

Q - Hi Jeff,

          If someone calls in on a note and wants a generic range of pricing (which they all do) is there any numbers that you throw out as a general rule of thumb or guide (EX: 75-85 cents on the dollar, or a common discount amount, etc.) along with making it very clear that it all depends on credit, appraisal, title etc?
                                                    ~ Michelle
Hi Michelle!
        Thanks for the email! If they are just asking for a range I usually tell them 60-80 cents on the dollar. There are some note buyers that will pay up to 85 cents on the dollar for really good notes, but those are few and far between. So allowing for something for yourself as a broker fee leaves up to 80 cents on the dollar for the note holder (of course depending upon acceptance of credit, appraisal, title, etc). My personal statistics on average pay prices on closed deals right now are about 72 cents on the dollar. 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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