As a note broker or note buyer you are in sales. As a salesperson it’s not only what you say to the note holders, it’s how you say it. Sales equals communication. The more and better you communicate with note holders the better you will become at negotiating and getting them to accept a price … Read more…
When purchasing a Seller Financed or other real estate secured note, whether performing or non-performing, part of the due diligence should be obtaining a Lender’s Title Insurance Policy. But why? And what is Title Insurance anyway? Title insurance is a form of indemnity insurance that protects against financial loss sustained from defects in a title to … Read more…
Very successful Note Professionals are not made overnight. For as much as you may desire to have more deals than you can handle, there is a process. Success isn’t just handed out. Remember to respect the system. There is nothing wrong with working on one deal at a time, and growing your note business methodically. … Read more…
Must Knows Before Jumping into the Note Business Part Time Challenges of opening a Seller Financed Note Business part time may be too difficult for some to handle. Starting a new career as a note professional can be intimidating, to say the least. Gone are the days of that “guaranteed” paycheck that most people depend … Read more…
Obstacles Every Note Professional Needs to Overcome When starting a new note business, you will undoubtedly have many challenges ahead of you. If being a successful note professional was easy, everyone would be doing it. Of course, success is definitely possible, and if you are truly determined you increase your chances of success by 1000 … Read more…
Reasonable Wealth Expectations in the Note Business Begins with The Right Motives Are you thinking about starting a note business? Good for you but daydreaming and planning are two very different things. If the focus of your entrepreneurial daydreams is centered around the millions you will make, you may need to take a step back … Read more…
A note broker or note consultant acts as the financial matchmaker. They seek out note holders receiving payments and connect them with investors wanting to purchase notes. The note buyer funds the transaction and pays a referral fee to the note broker at closing. Definition: A Seller Financed Note Broker is an individual who negotiates … Read more…
Written by Jeffrey R. Armstrong – President/Owner of Armstrong Capital Your favorite Master Note Buyer – Straightforward, Honest, Fair… One of the most overlooked pieces of being a successful note broker/consultant in any niche is your communication with the person that is receiving the payments on a particular income stream. To keep with the Tricks … Read more…
Here’s Why… Throughout my professional life slow wins and uphill fights have been the norm. It’s difficult in the moment, but I wouldn’t want it any other way. Fun, fast, and easy may be tempting, but becoming successful too quickly is usually detrimental. A slow start offers the time and testing it takes to build … Read more…
Written by Jeffrey R. Armstrong – President/Owner of Armstrong Capital Your favorite Master Note Buyer – Straightforward, Honest, Fair… During the last twenty three years my average commission on a closed transaction has been approximately $3,880. I can also disclose that in the first couple years of my business my average commission was only about … Read more…