Author Archives: Tim Fitzgerald

Using passive direct mail to unearth huge, overlooked opportunities

Passive direct mail to a purchased leads list is the most cost effective, time-efficient way to find and nail down seller-financed note deals…. and notes secured by lower-tier properties, i.e. manufactured homes, represent huge, often overlooked opportunities. There is actually … Continue reading

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Mailbag: Would you recommend I get started in notes by doing JVs?

QUESTION: Would you recommend I get started in notes by doing JVs? ANSWER: I am of the opinion that putting up ANY of YOUR OWN money to fund a JV as a means of “learning and earning” is a mistake … Continue reading

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Happy New Year from Note Investors- Let’s get off to a fast start

Hi all- Hope you had a great Holiday season. I know I did. And, now it’s time to get back to work in earnest. Interested in making money and padding your bank account?? Then read on—- I fully believe that, … Continue reading

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FAQ: What every note investor needs to know

Q – Hi Tim, Can you tell me what successful investors are looking for when they evaluate a privately-held note for purchase? In other words, what are the criteria that make up a good note in today’s market? Ken A … Continue reading

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Skin in the game?

QUESTION: I’m selling off some investment property, and I’m considering taking back a 1st position note from a potential buyer who also wants me to take back a second position note for the down payment at a higher interest rate. … Continue reading

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Selling notes to investors: potential pitfalls

I always recommend people start out brokering notes before even thinking about buying notes for themselves. However, you want to be careful about who you broker that note to. Institutional investors are best- they know how to mitigate potential losses, … Continue reading

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Buying notes for your own account- best practices

Profits from brokering notes can be substantial, but investing in notes for your own account should be the ultimate goal of any note broker. That’s where the big money is. Far and away, the best way to learn about the … Continue reading

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Marketing is a Numbers Game– and the note business is no different

Finding note sellers is a numbers game— the more you reach, the more quote requests and closed transactions you’ll get. Therefore, the key is reaching as many bona fide note holders as possible with the right message. Some combination of … Continue reading

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PUT THE OFFER IN WRITING AND SPELL OUT WHAT THEY CAN EXPECT TO HAPPEN

Far too many brokers are weak in presenting a purchase offer to a note holder. You want to make sure that you send a WRITTEN offer before you initiate conversation. It’s kind of amazing to me as far as the … Continue reading

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Note holders are not directly marketed to by nearly as many brokers as you might imagine.

After the initial rush of mail they typically receive when their newly-recorded note first appears in the public records, we’ve found (through years of interactions with note holders and also by virtue of our extensive experience in holding notes ourselves) … Continue reading

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