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 process of investing in notes is by brokering notes to institutional investors and watch what they do. These are professional buyers who are national in scope and buy notes originating in many different states every day of the week. In short, they know what’s good and what’s bad, and they can save you a lot of trial and error and prevent you from making dreadful mistakes. When you’re brokering notes to an investor, you have rights to receive copies of the document package. I’d recommend you keep a file on every note that you broker so that you can become intimately familiar with the chain of paperwork. This way, you’re preparing for the day when you will invest in your first note. Not only that, but you will learn what not to buy as well as what to buy. Every time an investor “no quotes” or declines to make an offer, you will learn why that is. On notes they do purchase, even if something goes bad down the line, i.e. if the investor makes a mistake or the note goes into default, etc., it’s the investor that’s assuming all of the risk. For these reasons, it’s best to broker a least a couple dozen transactions before you even think about buying a note for yourself. Because every note is different, at least two dozen transactions brokered will give you a very good “round robin” look at a whole range of different situations.

You’re also going to get a good feel for what a competitive quote looks like by working with institutional investors. You’ll take note of what sort of a discount the investor is taking relative to the current terms as written on the note. All the while, while you’re brokering notes, you should be learning about the investing side; that is, learning about investment formulas, strategies, and ideally forging relationships with partners who will help to fund your future transactions. You can structure some incredibly high returns (and actually lower your risk at the same time) with notes when you bring partners, but for now don’t do that because working with private investors initially (before you know what you’re doing) is a sure way to get into trouble. That’s why working with institutional (that is, national) buyers is key. You’re gaining experience on their dime, and you’re getting paid referral fees for the notes that you send to these investors when they close. In short, you’re learning all of the intricacies of the business from the experts.

I would recommend that you learn how to use the five basic keys on the financial calculator so that you can quickly figure interest rates, rate of return, terms etc. You can do this while you’re brokering your first notes. To broker notes, all you need to know how to do is find them, but while you’re brokering them you can be learning about the investing side– both from your own studies or potential formulas and also by watching investors do their thing. I think it is always very good practice to go through the exercise of performing all of the calculations yourself when going over the quotes you get from the investor. This way, you can see how they arrived at their numbers and this will help you greatly in the future.

Where do you find these investors? Well they don’t typically advertise, except that they often solicit the broker community directly through industry circles. Some of them (not many) offer help and guidance to newer brokers through a number different programs like this one. You could also go to the note conventions every year, where they’re lining up to get your business and will even give you complimentary cappuccino coffee if you stop by their booth. Much like a tradeshow atmosphere, they set up exhibits and offer broker incentives to woo you.

Above all, have fun! It’s extremely rewarding to make money while training and learning how to build your future wealth through notes at the same time.

NoteInvestors.com Quickread…

elite-cash-flow-networkOWN YOUR OWN CASH FLOW BUSINESS FOR UNDER $300

Note Investors’ Elite Cash Flow Network Support System is a complete “BUSINESS IN A BOX” that will get you started in your own Cash Flow business, even if you have very little or no money to start with.

When you join the The Elite Network, you get everything you need to succeed, including jump-start orientation, personal one-on-one support, the Cash Flow Industry’s most powerful training programs, Master Cash Flow Specialist Certification, ready-to-use marketing kit, direct access to cash for your transactions and much more within a super-affordable package.

Read All About the Elite System

×

NoteInvestors.com Quickread…

sedefaultTHE SUPEREARNINGS PROGRAM WILL COVER:

×

NoteInvestors.com Quickread…

90copyIN THE “HOW TO TURN 90%..” PROGRAM, YOU WILL LEARN:

×

NoteInvestors.com Quickread…

Frequently Bought Together

bwt+sethumb
“Building Wealth Together” + Superearnings Master Cash Flow Specialist Certification Course- AVAILABLE TODAY VIA INSTANT DOWNLOAD FOR JUST $39.95 EXTRA (A $40 SAVINGS OFF THE REGULAR $79.95 PRICE)


Now you can start your note business with the “Building Wealth Together” program and also earn Master Cash Flow Specialist Certification (which carries National recognition and will help you do even more business) through the Superearnings program. Using these two programs together will greatly increase your earning potential, and, if you act today, you will SAVE substantially by ordering both.

sedefault

HERE’S HOW YOU WILL BENEFIT FROM ADDING THE SUPEREARNINGS PROGRAM TO YOUR ORDER TODAY:

×
optional-bonus
Act NOW and take advantage of this Extra Special Bonus OfferAvailable HERE ONLY (nowhere else) For a VERY limited time at a GREATLY discounted price…

The master note experts at NoteInvestors.com are extending this offer (for a very limited time) of their best-selling note marketing program as an OPTIONAL BONUS that will help you to get the most out of the “Building Wealth Together” program :

how-to-turn-90-percent-of-the-people-who-wont-sell-their-notes-into-big-time-cash-profits“How To Turn 90% Of The People Who Won’t Sell You Their Note Into Big Time Cash Profits” Set up a steady stream of business for yourself– far into the future– that will keep you brokering notes to Charter Financial for years to come! This note-finding program will teach you how to “Super Charge” your note business.

Save a whopping $50 on this program when you order “Building Wealth Together” NOW… (Regular price $79.95) that’s right– our “FLAGSHIP” marketing program for only $29.95.

AVAILABLE ONLY HERE AT THIS WEBSITE. Click HERE to learn more about the program.

(Just click the “ACCEPT” button during Checkout to add to Cart.)

THIS PROGRAM HAS NEVER BEEN OFFERED AT THIS PRICE BEFORE… AND NEVER WILL BE AGAIN.

The NoteInvestors.com marketing system shoots down your competition. The methods and strategies raise you to a high level… proving to noteholders that you’re totally different from the “run-of-the-mill” competition. The marketing system is powerful. You can actually mail to a list that’s been mailed several times by other note brokers and get money-making results.

Remember, you must learn how to do one thing well– how to find the notes that you will broker to Charter Financial.

Don’t wait. Act NOW AND SAVE.THIS OFFER WILL NOT BE REPEATED. To take advantage of this UNPRECEDENTED special offer, just click the “ACCEPT” button during Checkout to Add to Cart.
×
Our Guarantee

30 Day Unconditional 100% Money Back Guarantee! Our programs will help you succeed. You MUST be positively 100% satisfied or we will refund you in full, no questions asked.

×