www.armstrongcapital.com

December 26, 2012

www.secretsofpaper.com

Volume 1          Note-able Newsletter          Issue 52

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

Upcoming Events - Subscriber Question - Product Highlight


Check out the End of the Year Clearance Specials on the most effective Note Business Products and Assistance in the Industry!


 
Tip of the Week

        Did you know....

              Referrals are the easiest transactions you will ever get.  How much thought have you put into developing your referral system?


Product Highlight

       Whether you have never used an HP10BII calculator before or if you use a different calculator Calculator Secrets will walk you through the process of calculating the term, payment amount, remaining balance, balloon amount, interest rate, yield and much, much more.  You will work through Beginning, Intermediate and finally Advanced calculations by following a simple step by step process and each new thing you learn will be followed by actual worksheets of real life transactions for you to practice on (and we may have the answers for you also).  By the time you are finished with this book you will be a calculator wizard!

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Upcoming Events

 

2013

     Chicago, IL

     Secrets of Paper

 

April 25-28, 2013

     Las Vegas, NV

     Paper Source

     Note Symposium

    

2013

     Los Angeles, CA

     Secrets of Paper

 

October 24-27, 2013

     Las Vegas, NV

     Noteworthy Convention

 

Ask Jeff to come and speak or teach to your group or at your event!


Coming Soon

Exclusive

Note-able

Membership

with Videos,

Notes for Sale,

Training,

Tools and

Support!


Quote of the Week

 

“If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.”

                                                            ~ John D. Rockefeller


President's Corner

       The last couple weeks of the year with Christmas and New Years being a week apart from each other is usually when we have just a brief break in the note business and is the perfect time to get out of the house and take some personal time and some rest and get rejuvenated.  It is a great time to talk about getting out and playing because "all work and no play does indeed make Jack a dull boy".  Ok, ok YES I do like to get out occasionally and do a little bass fishing but I'm talking about playing at work.  What?  Some people would have you believe that work is not supposed to be fun.  After all, that's why they call it work.  But I am here to tell you that if you are not having fun at what you do it will never last.  Do not try to force yourself to have fun with your note business, it should come naturally.  I can honestly say that I like what I do and hope to continue to be able to do it as long as possible.  I like answering the phone a meeting some new note holder every day and building that rapport and that relationship that is such an important part of the entire process of the note business.  And yes, there are those times that I have to deal with things that are not fun but then I remember all of the people I have helped in the past and all of the crazy stories note holders have told me (like the guy that needed money to buy 50 cows!) which keeps me going and keeps me in the game ready to play another day.

        Nothing else this week. Go outside, have fun with your families during the holidays and get ready for a great 2013 in the note business! Remember, Success Demands Action! Keep on marketing, it’s going to work! TWITA!


Check out the End of the Year Clearance Specials on the most effective Note Business Products and Assistance in the Industry!


Feature Article

The Risks of Holding a Mortgage

          I have never been an advocate of trying to convince a note holder to sell their mortgage. I have always believed that when a potential note seller really needs the money they will sell you their note if you have given them a fair price and you have built up a rapport with that note seller. I do, however, like to let them know what the potential risks of holding a mortgage are... Read More...


Question of the Week

Q - Hi Jeff,

            My question is with a partial is the cost the same as a full purchase, is there a full appraisal and closing costs etc.? What does the seller pay when they receive the note back or does it cost anything?                                                                      ~ Bill B. 

A – Hi Bill! 
            Thanks for the email! Yes, whether we are buying a full purchase or a partial purchase the initial costs (appraisal and title) will be the same.  Depending on the investor, when the note goes back to the note seller after the partial has been completely paid, usually pays for the re-assignment back to the note holder. H
ope this helps!  TWITA! ~ Jeff


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