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Resource Highlight
Wonder what to say to Note
Holders? Negotiation starts from
the moment you first connect
with a note holder. "Scripts and
Tips - A Handbook for the
Serious Note Broker"
was written to help you with
just that.
Every month I am asked about what to say to note holders when they contact you
on that first phone call, when gathering information, giving the price and negotiating.
The book lists for you more specific questions for certain situations and
property types including condo's, commercial properties and land. It also spells
out a few of what I call "magic" questions to help you determine that
all important motivation or need that the note holder must have if you are ever
going to get them to accept an offer.
Click for more info TODAY!
When you order in January you
will receive the
E-Book version for FREE!
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Tip of the Week
Did you know...
Large and small problems happen
to all note business people.
The note professionals that
succeed are the ones who have
accepted that fact and have
learned to solve them.
Upcoming Events
April 27-30, 2017
PS
Note Symposium
Las
Vegas, NV
2017
Secrets of Paper
TBA 2017
New
York, NY
Scottsdale. AZ
Chicago, IL
Sacramento, CA
Atlanta, GA
San
Jose, CA
Salt Lake City, UT
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Quote
of the Week
“While
you're going through this process of
trying to find the satisfaction in
your work, pretend you feel
satisfied. Tell yourself you had a
good day. Walk through the corridors
with a smile rather than a scowl.
Your positive energy will radiate.
If you act like you're having fun,
you'll find you are having fun.”
― Jean Chatzky
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President's
Corner
When you start a note business
from the ground up, invariably
you will make mistakes. It’s a
rite of passage that is just
part of the process. I know I’ve
made plenty of them. But they’re
worth making so long as you
learn from them. Something that
came up recently in an email was
the question of borrowing money
to start a note business and I
wanted to share my thoughts on
this subject.
It is my humble experienced
opinion that you should write
your own checks as long as you
can to pay your expenses. Don’t
seek to raise capital until it’s
absolutely necessary AND
repayment is achievable (i.e.
there is a full proof exit
strategy). The best way to fund
your note business is by
bootstrapping and scaling up the
business as more and more note
holders contact you and your
pipeline of pending transactions
grows. You should focus first on
building the service and then on
being able to generate revenue
from closed note transactions
before you ever resort to
raising outside funds,
especially with the technology
available today. Bet on yourself
despite negativity by naysayers.
My two cents on the subject for
this week.
Remember, Success
Demands Action! Keep on
marketing, it’s going to work!
TWITA!
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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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HERE?
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Feature Article
Hawaiian Attitude
...Words cannot describe the
feelings that this special class
of 37 students has left me with.
I feel wonderful, euphoric and
even blessed..Read More...
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Question of
the Week
Q
- Hi Jeff,
Is note investing basically for passive income? Or should I try another real
investing strategy to build to cash. I eventually want a passive income but I
need cash right now.
~ Paige
A - Hi Paige!
Thanks for the email! In
short, yes, investing in notes is for passive income. In fact it is for what I
call extreme passive income - no tenants, toilets, termites or taxes! However,
to get to the point of the passive income you need to have the cash to buy notes
for yourself. Most individuals start in the note business by brokering notes
and once they have compiled enough cash to buy a note then they start buying
notes for the passive income. And don’t be fooled, you do not need a lot of
cash to buy notes sometimes. Last year we bought a $13,000 note for only
$4,000! It can and does happen. If you need cash right now this business most
likely will not get you what you need. This is a real business and you need
time, effort and money (for the marketing) to start making money and become
successful at it. Hope this helps!
~ Jeff
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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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Newsletters click here for our
Archived Monthly Newsletters!
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If you have a note business question you would like answered in this
newsletter just
email Jeff!
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Note Business with the
Complete Note Business Starter Package - includes consultation's with Jeff!
  
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