www.armstrongcapital.com

December 3, 2014

www.secretsofpaper.com

     Volume 3  Note-able Newsletter  Issue 49     

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

Upcoming Events - Subscriber Question - Product Highlight


 
Resource Highlight

        These are the resources to start your note business off on the right foot, 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 to order TODAY! When you order in Decemberr  you will also receive the E-book versions for FREE!

Tip of the Week

     

Did you know...

 

Knowing how to market is better than knowing how to sell.

 


Upcoming Events

February 2015

     New York, NY

     Secrets of Paper

     Renatus

 

March 2014

     Chicago, IL

     Secrets ofPaper

     Renatus

 

TBA 2015

     Los Angeles, CA

     Secrets of Paper

 


 

Ask Jeff to

energize,

motivate,

teach and train

your group

or speak

at your event!

 


Quote of the Week

 

Employ your time in improving yourself by other men's writings, so that you shall gain easily what others have labored hard for.
                                                            ― Socrates


President's Corner

       Wow, it’s December already! I hope you all had a wonderful and relaxing Thanksgiving!  I was thinking over the weekend how very fortunate I am to have the business I do and owe a huge amount of thanks to all of the people who’ve mentored me, masterminded with me, hired me, referred business to me, invited me to speak, sent heartfelt emails, asked for advice, taken that advice, transformed their lives, transformed others’ lives, and made a huge impact on the world through the work we do.  Over the last several years I have worked gratitude into my personal and professional life.  I have a secret to making gratitude come easily in your note business - plan your business to revolve around our very niche oriented specialized work (the note business).

     Your niche oriented specialized work is the thing you do that is so easy and effortless, you sometimes feel surprised that people actually pay you to do it. You figure if it’s so easy for you, it must be easy for anyone. Not true at all. In fact, the more you focus on staying in your niche oriented specialized work, the happier you’ll be in your business and gratitude will flow.

      I thought a little longer and I came up with some suggestions to share with you over the next few weeks on how you can structure your business so you’re focused on your niche oriented specialized work AND able to stay in a state of gratitude because your business is just so darn cool nothing could get you down.

My first suggestion on how to structure your business so you’re focused on your niche oriented specialized work AND able to stay in a state of gratitude is to Know Your Ideal Note Holder Client and Note Investor.

      The easiest way to fall out of gratitude is to work with people who don’t appreciate or value you. I’m sure you’ve had the experience where you’re working with some negative Nelly who makes you feel like a worthless sack of you-know-what. You think it’s something about you, something you’re not doing enough of. You end up resenting that person, wishing them a most unglamorous demise in your most secret thoughts, grimacing when they appear in your inbox. You can erase that entire scenario by getting crystal clear on knowing who your ideal note holder and note investor is. Believe me; it’s worth saying “No” to the wrong match if it means saving you trouble, stress and heartache.

      Have a great week and I will give you a few more suggestions in the coming weeks to consider incorporating gratitude into your note business.Remember, Success Demands Action! Keep on marketing, it’s going to work! TWITA!


  

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Feature Article

Packaging A Note Transaction

        What does a note broker do after a note holder says yes?... Read More...


Question of the Week

Q - Hi Jeff,

          When an investor buys a partial what happens if the payor defaults before the note returns to the seller? Please explain thanks!

                                                             ~ Marc

Hi Marc!

          Thanks for the email! In short, on a straight partial or split balloon, if the payor defaults then the investor and the seller will have a chat most of the time after 90 days of trying to get them to make payments) and be sent notice by certified mail that the note is in default and usually a couple things below might happen:

- The investor may choose to just payoff the seller in full or at a discounted price

- The seller can pay off the investor the portion of what is still owed to them and foreclose him/herself

- The seller can sit back and do nothing and let the investor foreclose, take back the property, resell the property. THEN after the property is sold the investor will recoup what is owed to them on the note, recoup foreclosure fees, recoup any fix up or holding costs and recoup any resale fees at which point the seller will receive whatever is left over.

       Hope this helps!                            ~ Jeff


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