- Note Course Bonus: Finding Notes On A Budget
Published: Thu, 02/16/12
A Paper Source E-Course Bonus
DEADLINE MIDNIGHT TONIGHT! (see below)
Hi ,
The hardest thing about notes is FINDING THEM.
And that's especially tough when you don't have a lot of
money for marketing.
In this issue Fred and Tracy Z Rewey give us some great ideas
for finding notes on a budget. If anyone knows how to do
that, it's Fred and Tracy.
That's why I think they are the perfect people to teach
the course "Finding Cash Flow Notes."
The amazing deal I've been telling you about that I cut
with Fred and Tracy to get you Finding Cash Flow Notes
ends at midnight TONIGHT.
Here is where you can get all the details...
http://www.findingcashflownotestraining.com/fe/11363-myths-facts
Until midnight tonight, Monday Feb. 20, you can get Fred
and Tracy's Finding Cash Flow Notes Training for
the lowest price available!
If you check out that link, you will also get access to the free
videos they posted - just to give you a taste of what is to come.
What have they revealed? How about...
Their personal Marketing Materials that you can call your
own!
Secrets to Direct Mail, List Building, and Newspaper Advertising
Referral Marketing to Professionals including Scripts and Brochures
Top Negotiation Tips (including what NEVER) to do when you present
an offer
How to build an amazing ONLINE Note business that works for you 24/7
And much more.
That is a lot of information...and you can get it for a very special
price.
http://www.findingcashflownotestraining.com/fe/11363-myths-facts
Cheers,
Bill
W.J. Mencarow
President, The Paper Source, Inc.
Editor, The Paper Source Journal
www.PaperSourceOnline.com
www.cashflows.org
P.S. Remember, this offer closes at midnight TONIGHT!
If you have ever wanted to know exactly what the pros do to
find notes, go here now...
http://www.findingcashflownotestraining.com/fe/11363-myths-facts
*********************************************************
"How Do I Find Notes On A Budget?"
by Fred and Tracy Z Rewey
Wondering how to find real estate notes on a budget?
You are not alone. Here are some helpful tips from a recent note
broker inquiry.
Dear Fred and Tracy,
I previously owned a mortgage broker business and in 2007 did
dabble in the note business. I also closed about 4-5 deals as a
note broker. I have since closed my mortgage broker business and
would like to get into note brokering, but I have a limited budget
to start with (about $2000 - $3000). I purchased your program for
support and to acquire additional knowledge. How do you suggest I
spend my limited funds to get started?
George P. - Virginia Beach VA
Hello George!
You ask a great question and actually have a decent marketing
budget to get started. You also have the benefit of being ahead of
the learning curve by having already closed several deals.
You will need to set aside enough to cover your basic business
setup costs (phone number, business cards, brochures, licenses, and
a website).
While there are people in this business buying notes that don't
have a website, I truly believe you need at least a basic 5 to 7
page Note Buyer website to be in business these days. Think of the
site as your storefront, providing credibility for your services.
All of these setup items can usually be accomplished with under a
$500 budget.
The least expensive way to market is by building a referral base.
This can be done through networking with other professionals,
offering local trainings, and Reverse Ad Marketing for the note
business. Great networking candidates are real estate
professionals, agents, CPAs, real estate attorneys, mortgage
brokers, and real estate investment clubs. Referral marketing takes
your time rather than your dollars and will utilize your business
cards, brochures, and website from the setup process.
Run the free ads available online with sites like Craigslist, Ebay
classifieds, and other online directories. Avoid buying classified
ads or expensive display ads. Print ads rarely payoff unless you
use a local want ad type paper (Nickel Nick, Penny Saver, etc) that
offers low rates and you live in one of the high volume states for
seller financing.
Look at a small but consistent direct mail campaign to note holders
in your area. To save funds build the list yourself or purchase
from a list provider like Advanced Seller Data Services. In order
to maximize efforts, prequalify the notes for basic things like
approximate equity (20% or more for best results) and property type
(SFR). This will save you from paying postage to mail letters or
postcards on deals that are harder to place with a note buyer.
The best way to stretch a small note broker marketing budget is to
think local.
Work on branding yourself as the local seller financed note
specialist. As funds become available then expand your efforts into
other areas. You'll find the "How To" details including sample
scripts, brochures, and marketing pieces for each method in your
member's area of the Finding Cash Flow Notes training.
**********************************************************
Remember, the offer for the deepest discount on the Finding
Cash Flow Notes Training, Fred and Tracy's premier course,
closes at midnight TONIGHT!
If you have ever wanted to know exactly what the pros do to
find notes, go here now...
http://www.findingcashflownotestraining.com/fe/11363-myths-facts