www.armstrongcapital.com

 March 29, 2017

www.secretsofpaper.com

     Volume 6  Note-able Newsletter  Issue 13     

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

Upcoming Events - Subscriber Question - Product Highlight


 
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.

Click for more info and when you

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

Tip of the Week

         

Did you know...

 

     In the note business sometimes it's not enough just to think outside of the box. Our niche is already outside of the box. Instead of just thinking outside the box you sometimes have to actually act like you're out of the box.


Upcoming Events

 

April 1, 2017

     Renatus

     Las Vegas, NV

 

April 20-22, 2017

     Renatus

     Salt Lake City, UT

 

April 27-30, 2017

     PS Note Symposium

     Las Vegas, NV

 

May 13, 2017

     Renatus

     Tucson, AZ

 

2017

     Secrets of Paper

 

TBA 2017

     New York, NY

     Scottsdale. AZ

     Chicago, IL

     Atlanta, GA

     San Jose, CA


Quote of the Week

 

I can control my destiny, but not my fate. Destiny means there are opportunities to turn right or left, but fate is a one-way street. I believe we all have the choice as to whether we fulfil our destiny, but our fate is sealed.

― Paulo Coelho 



 President's Corner

       If you are new to negotiation, or feel it is an area where you can improve, I am continuing this week with another tip on precisely what NOT to say when talking to a note holder.

          Do NOT say "I think we're close." We've all experienced deal fatigue: The moment when you want so badly to complete a deal that you signal to the other side that you are ready to settle on the details and move forward.

The problem with arriving at this crossroads, and announcing you're there, is that you have just indicated that you value simply reaching an agreement over getting what you actually want. If there is a skilled negotiator on the other side may well use this moment as an opportunity to stall, and thus to negotiate further concessions.

          Unless you actually face extreme time pressure, you shouldn't be the party to point out that the clock is loudly ticking in the background. Create a situation in which your counterpart is as eager to finalize the negotiation (or, better yet: more eager!) than you are.

          More next week! 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

Things I Wish I Had Known

      

Being in the Note Business and being your own boss is great! Being your own boss is also hell sometimes!  Often, people want to be in the Note Business because they're lured by the freedom of working from home. If that's what you care most about...Read More

Question of the Week

Q - Hi Jeff,

          Is there any licensing requirement in California to broker notes?

                                                     ~ Rich
A - Hi Rich!

          Here is a link to an article I wrote awhile back and as I understand it nothing has changed to date:

http://www.armstrongcapital.com/ArticleCALicensingIssue.htm

 

Hope this helps!
                                                       ~ Jeff


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