www.armstrongcapital.com

 August 5, 2015

www.secretsofpaper.com

     Volume 4  Note-able Newsletter  Issue 31     

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 August you will also receive the E-book versions for FREE!

Tip of the Week

         

Did you know...

 

        If you think a note holder will object to a part of your offer presentation, you bring the objection up before he does and present it as a benefit.


Upcoming Events

 

August 21-22, 2015

     Seller Financed Notes

     Stockton, CA

 

September 25-26, 2015

     Seller Financed Notes

     Atlanta, GA

 

TBA 2015

     New York, NY

 

TBA 2015

     Scottsdale. AZ

 

TBA 2015

     Chicago, IL

 

TBA 2015

     Los Angeles, CA

     Secrets of Paper


Quote of the Week

 

I have never in my life envied a human being who led an easy life; I have envied a great many people who led difficult lives and led them well.

                                                       ― Theodore Roosevelt 



 President's Corner

       I recently read online that on the show Shark Tank as many as two-thirds of those televised accepted deals never come to fruition.  Investors receive no information prior to filming, so they get to perform due diligence only after taping. They may discover legal, tax, or financial red flags. Or they can just change their minds.  I bring this up because my statistics show that lately this is about the same for me this year.  About two out of every 3 transactions that are accepted never get to funding due to poor credit, low appraisal, a cloud on title that cannot be fixed OR the seller just backs out for whatever reason.  This is just confirmation once again that the note business is a huge numbers game.  Do not get discouraged, you are not alone, just keep moving forward and deals will eventually close.  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.


Email Newsletters & Email Marketing by YMLP.com

 

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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, you're probably better off trying to convince your boss to let you telecommute...Read More...


Question of the Week

Q - Hi Jeff,

          I need a miracle and I am now looking to resuscitate my career by going with my gut...working with notes. I should have done this years ago. I love the potential income and freedom that is offered in the note business. All that being said, I'm extremely excited about getting this moving forward asap and I need a little guidance as to how much money (at a bare minimum) you believe I will need to get a good start. Considering my financial position, I can't go big. If I could, I would enter your mentorship program. You have the experience, "code of conduct and ethics, straight forward, honest and fair" attitude that I share and need from you to help me be successful and start enjoying my life again. I'm looking forward to hearing from you and eventually working with you. Thank you for taking the time to read this email.

                                                     ~ William
A - Hi William!

          Thanks for the email! The note business is not a miracle business. It takes time, effort and yes, money for marketing, to get it going and then to keep it going, surviving and growing. Some people get their first deal to close in a couple months others it takes longer. The note business like any other business is a numbers game. To answer your question, to get a good start $500 per month for some direct mail and other marketing is good, $1,000 per month would be even better. The more marketing you can do the more notes will come across your desk, the more people that will say yes and the more transactions that will close. The note business is a big numbers game.  Let me know if I can help and if you have any specific questions I am open to answering a couple per email (just please don't blast me with a dozen questions at a time). Thank you for initiating the contact. I look forward to working with you soon! 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 2015, click here to start growing your note business today!


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