One of the biggest mistakes you can make as a note investor is buying a note without truly understanding your own risk level. Most negative feelings surrounding investment come from unexpected gains and losses from an investment that was not well researched. We’re going to talk about some of the risk factors of investment and … Read more…
Making the decision to start your own Note Business is a big decision. Everyone has different things to consider when they begin a new career, but make sure that you don’t these common misconceptions slow you down or stand in your way in your pursuit of becoming a successful Note Professional. Misconception #1: Certain types … Read more…
Launching your career in the Note Business real estate is no easy task. My heart bleeds for new note brokers who have worked so hard to get the proper education and think they are ready, but then what? The lucky few have some real estate, business and sales experience, but far too many will struggle … Read more…
Are You Right for a Career in the Note Business? Though a lot of people think a note business career is easy money, there is a lot more to it than that. The Note Industry is a very specific niche in real estate can be a very rewarding choice for just about anyone. Those entering … Read more…
If you’re considering note brokering as a career, or you’ve just gotten started, the following secrets can make a difference in your probability of success in the note business. Some of the old “note broker sayings” that many new note brokers take to heart are no longer as true as they were before the Internet … Read more…
A Note Professional can loosely be defined as a person whose business it is to purchase or arrange to be purchased a note secured by real estate or other cash flow for their owners (note holders). While that is a technically accurate definition of a note professional, it doesn’t give an accurate description of what … Read more…
Starting and running a note business is an exciting prospect because it is an opportunity to be your own boss and run your own small business. It is important to realize, however, that being your own boss also creates new challenges, such as standing on your own two feet and fending for yourself. It is … Read more…
As we started with in October this is the continuation and final installment of everything you need to know about the challenges and essentials of being a note broker, as well as important tips to help you get off to a strong start. Understanding that there are many different players in the seller financed real … Read more…
As we started with last month this is the continuation of everything you need to know about the challenges and essentials of being a note broker, as well as important tips to help you get off to a strong start. Understanding that there are many different players in the seller financed real estate note industry— … Read more…
There are many different players in the seller financed real estate note industry— individual note buyers, institutional note buyers, title companies, escrow companies, real estate attorneys, servicing companies, appraisers and processors, to say nothing of note holders and payors. Nevertheless, the real movers and shakers are the intermediaries, the people constantly moving between and communicating … Read more…