50% Off Ends TODAY! + Experts' Advice, Paper Course
Published: Fri, 11/30/12
"If you could give just one piece of advice to note brokers,
what would it be?"
-----------------
Pete Fortunato's PAPER COURSE $100 off for Cash Flow Express
subscribers!
THE PAPER SOURCE CASH FLOW EXPRESS
Nov, 30, 2012
,
The 50% discount on most items in the Paper Source Store
ends at midnight tonight, Fri. 11/30.
This is your last chance to stock up on e-books, contracts &
forms, finding notes info, etc., most at HALF PRICE. Visit
http://store.papersourceonline.com/ now. Use the coupon code
SAVINGS at check-out. If you prefer not to shop over the
Internet, just call us with your order: 800-542-2270.
When it comes to cash flow notes and real estate, there is
one teacher who stands head and shoulders above them all,
and his name is Pete Fortunato. He is the undisputed world
heavyweight champion.
Pete has the heart of a teacher, and he never teaches anything
that hasn't worked well for him. He's never made an infomercial,
never will, he doesn't try to sell you anything in his seminars,
you won't get any phone calls to buy something -- none of
that bull****
Pete is teaching his famous Paper Course next week, Saturday &
Sunday Dec. 8 & 9 in Tampa. This is advanced material
for those who are serious about making money by investing
(not brokering) in notes and real estate. I cannot recommend
his course highly enough. And I do NOT receive a dime for this
-- I do it because I believe you will profit from his course
and because I believe in Pete.
And because you are a Paper Source Cash Flow Express subscriber,
Pete wants to give you $100.00 off his course -- just $350.00.
But you have to let him know you are registering through
The Paper Source. For info on the course and discount, go to
http://papersourceonline.com/Fortunato_Paper_Course_2012.pdf
Cheers,
Bill
W. J. Mencarow
President, The Paper Source, Inc.
**********************************************************
The Experts Tell Us -- "If I Could Give Just One Piece Of
Advice To Note Brokers It Would Be..."
Part I
Investor #1:
"The advice I would give brokers of any cash flow is to
look for more than just the best price when selecting an investor
with whom to place their business.
"Other considerations, and in many case even more important,
would be the investor's performance history. If the owner of the
cash flow made accurate and honest representations and everything
else about the transaction checked out, the investor should have
no excuses for not completing the transaction under the original
price and terms.
"I have heard many horror stories over the years of
investors coming up with all kinds of excuses at or near closing
to adjust the price, delay the closing or to just walk away from
the assignment. The broker's or referral source's credibility is
then damaged, and the owner of the cash flow could decide to
litigate and include the broker or referral source as a defendant.
One does not need this potential aggravation (and defense costs),
and one can help to avoids it by carefully selecting the investor.
Perusing web sites and publications like THE PAPER SOURCE
can reveal quite a bit of information on this subject.
"If you select your investors from THE PAPER SOURCE REGISTRY
OF NOTE INVESTORS you can be confident that you are working
with the real deal, the best in the business."
http://papersourceonline.com/registry-of-investors/how-to-get-in/
Investor #2:
"Run your business like a professional business.
For instance:
Get a business name;
Get a dedicated fax line;
Get letterhead;
Get incorporated;
Answer the phone like a business;
Get a real email address (not the free hotmail-like addresses);
Get a real business address (no P.O. Boxes).
"This is not a scientific principle, but if you act like a
real business, you have increased your chances of staying in
business by 100-fold. All the other advice, like "learn the
business, learn real estate & or finance" etc. all come after "
ACT LIKE A BUSINESS!
"Get your head on straight and take this seriously and you
are already miles ahead of the competition."
Investor #3:
"This sounds like such a simple question, yet trying to
reduce it down to one single item of importance makes it difficult.
"I'd advise brokers to consider the business "on only a
long-term basis." If they're looking for long-term success, this
will necessitate dealing with integrity in order to establish good,
long-term business relationships with investors, sellers, etc.
Also, it will allow time to become educated and acquire "product
knowledge." And it will help avoid the pitfalls/disappointments
associated with the "get rich quick" fantasy.
"Obviously, a long-term outlook requires more commitment
and determination than a short-term approach. Sooner or later,
it will encourage buying some product for themselves--to provide
for some regular income, but which will also lead to a better
understanding of their business.
Investor #4:
"The best advice I can give to a note broker is to
avail yourself of the multitude of information that is available
to you through such publications as THE PAPER SOURCE JOURNAL.
Surround yourself with the professionals that you choose to
work with and establish a personal relationship with principals
who have a proven track record.
"Stay focused. Don't get caught up in the dollars
game but always put your clients' needs first. Treat clients
the same as you would like to be treated.
"Be honest and trustworthy and your cup will overflow."
*********************************************************
Midnight tonight is your last chance to get valuable cash
flow books, forms, contracts and much more at up to 50%
off: http://store.papersourceonline.com/
*********************************************************
Investor #5:
"My advice consists of five tips.
"First: Find out who you can do business with.
Find out who "walks the walk," who does what he or she says,
who delivers on promises.
"Second: Learn what is a do-able deal and what is not
do-able. Move away from the not do-able situations as quickly
as possible.
"Third: Treat your investor's money as if it was yours.
Your job is to uncover and disclose everything pertinent to
the deal.
"Fourth: Look at every deal as an opportunity to carve
out an equity position. Start by buying a full note and selling
a partial. Move as quickly as possible from the role of broker to
the role of investor.
"Fifth and finally, the most important tip of all is to
develop your people skills. Develop a strong relationship with
the note seller. Learn what the seller's real problem is, why he
is selling the note, and focus all your energy into solving the
real problem. This will ensure that you prosper financially."
Why can't you search the Internet for investors?
You can -- but how will you know who's an investor and who's a
broker claiming to be an investor? You can go direct to the funding
source with THE PAPER SOURCE REGISTRY OF NOTE INVESTORS.
The fact is, there are very few true end-investors -- those who buy
cash flow notes with their own sources of funds. 95%+ of the
websites that claim to be investors are really brokers, selling to
the investors in THE PAPER SOURCE REGISTRY OF NOTE INVESTORS.
Unlike websites and unlike any other list of cash flow funding
sources, each investor in the Registry signs an affidavit affirming
that they are an end-investor. If we discover differently, they are
removed from the Registry. Most of them are well-known to us and to
the Industry. After all, we've been publishing the Registry for
over 20 years, and we know who the players are.
The Registry is continuously updated as necessary on the
Internet -- the most recent update was two days ago!.
Updates to the hard copy editions are published in THE PAPER
SOURCE JOURNAL. There are 44 note investment companies and those
with products and services in the current Registry.
Here's how to get the Registry of Note Investors:
http://papersourceonline.com/registry-of-investors/how-to-get-in/