How Do Promissory Notes and Trust Deeds Work?


What is The Difference Between a Real Estate Investor and Note Investor

A Real Estate Investor buys either residential or commercial real estate and rents the properties. Real Estate Investor make money from rental income and from
the appreciation of the property.

A Note Investor,Note Buyer also know as a Mortgage Note Buyer makes a profit by purchasing promissory notes/mortgages/trust deeds that provide an income stream to him/her in the form of note payments.

See the Infographic here :http://webuynotesfast.com/what-is-the-difference-between-a-real-estate-investor-and-note-investor/

How to Protect Your Promissory Note

If you have sold a property with owner financing, then you now own a note. If you purchased a note, now what do you do with it? What do you do other than wait for the monthly payments to come in?  How should you care for your note? There are many steps you should take to keep you note safe.

Safeguard you note

Safeguarding of your note is just as important as other important documents you may have: pink slips, social security cards, birth and marriage certificates, or will and so on.   If an attorney assisted in the closing of the property, sometimes, the attorney will keep the original note document and give you a copy. You have the option of keeping the actual note yourself.  It is a good idea to keep the original note with the original mortgage of deed of trust which will be returned to you after it has been recorded at the county recorder’s office.

Keep a detailed payment history

Record keeping of the payments made on a note is necessary. This is help prevent any questions that may arise about payments made or not made.  Even if you have no plans to ever sell your note, it may help the borrower should he/she decide to refinance if you have a balloon payment. Or, if there comes a time when you decide to sell, the accurate payment history will help you get the highest possible price.

Complete Article http://nationwidesecuredcapital.com/Sell-My-Note/protect-promissory-note/

Paper Source Journal Announces Dates for Symposium in Las Vegas

The Paper Source Journal is holding their 4th Annual Symposium “Cash Flow Profits”. This event will be held at the Tuscany Suites Hotel in Las Vegas, April 30 to May 2, 2015.

Cash flow notes are negotiable instruments payable to the bearer on demand. Promissory notes exist for real estate, lottery winnings, royalties and more. This 3 day event will address issues such as how to find, buy, and broker real estate notes, both performing and non-performing, how to use notes to defer income taxes, and other opportunities in the cash flow business. Also to be addressed are tax strategies, structured settlements, and accounts receivable. A variety of speakers with vast knowledge and experience in paper notes will present at the Symposium including CPA’s, CEO’s, and CFO’s. There will also be a trade show where attendees can meet with investors, hedge funds, servicers, and more.

“The cash flow note business is coming back stronger than ever. This symposium is the only continuing education for note professionals,” states Bill Mencarow, host of the event and founder and editor of Paper Source Journal. “I do not allow sale pitches at my events so this is learning experience for all”. Mencarow says that this seminar is for all people whether they are new to the cash flow business or professional investors. He continues that this event is a good time to network with brokers and investors.

Mencarow founded the Paper Source Journal in 1987. His wife Alison is the publisher. The Paper Source Journal is a monthly publication dedicated to the education of cash flow note investing. The Mencarows have been teaching seminars for cash flow note investors and brokers since 1990. Bills’ background includes working as a Ronald Regan staffer, press secretary for two members of Congress, best-selling personal finance author, and television and radio talk show host. The Mencarows have been buying notes since the early 1980‘s.

See more at: http://www.prreach.com/paper-source-journal-announces-dates-for-symposium-in-las-vegas/

Why sell your note,mortgage note or real estate note?

Maybe you have an unexpected medical expense, a business venture, or the desire to pursue another investment. Maybe you no longer want the burden of servicing the note or worrying about whether taxes or insurance are current.  Whatever the case may be, you want to sell your note. You would like a lump sum of cash instead of monthly payments.

How do you go about selling your note?

There is some general information initially needed to start the process. A brief description of the property such as is it residential or commercial? What is the size of the property? There are notes sold for single family residences, multi-family residences, commercial buildings, mobile homes, and vacant land. They can also be sold for vehicles, boats, and other property.

What is needed are the numbers. How much did you sell the property for? What was the down payment? What was the original balance of the note and the interest rate?  The length of time the payments have been made, also known as seasoning, is a consideration in selling your note.  How many years or months of payments are left on the note are also required.

A credit history of the payor along with history of payments made will help decide if the note is worth a buyer purchasing it.

More: http://www.nationwidesecuredcapital.com/sell-my-note/

How Does Owner Financing Work?




Do you want LUMP SUM CASH TODAY from your Note instead of the small payments you now receive?

Nationwide Secured Capital invests in notes nationwide and will purchase your 1st lien promissory note, land contract, mortgage or deed of trust for CASH at top market prices. We can provide you expert information to care for you note, complimentary note appraisal and alternatives that you’ll need to decide whether to sell your real estate or business Note.

If you now have a better use for the money you loaned and want to sell your Note for fast, lump sum CASH, we will purchase your Note at maximum market pricing quickly and reliably. Our professional staff will expertly assist you with all steps of the sales process. And we deliver cash at closing in as little 3 business days after all documents are in order. Click to begin evaluation of your note for a LUMP SUM CASH offer.


Note Investor Education

          “The articles are packed with such much-needed, relevant information. It seems like every question I had, there was an article written specifically about that topic.  Yet, I know I have only scratched the surface of your vast offerings!” — Danita Dyess (Note Pro Level)

“I feel like a kid in a candy store!” — Richard Black (Note Pro Level)

You get access to all of the Following:

  • Recent Paper Source Teleseminar & Webinar Replays
  • W. J. Mencarow’s Note Brokering & Investing Course, over 100 Pages
  • Over 20 Intro Note Brokering & Investing Articles
  • W. J. Mencarow’s Note Brokering & Investing Video Course
  • 20+ Note Video FAQ’s
  • Non Performing Notes Fast Track Intro Course *
  • Seller Financing Secrets “Creating Notes to Sell” Video Course *
  • Using Your IRA to Invest in Notes Video Course *
  • Archive of the Past Years of The Paper Source Journal *
  • 200+ Articles on Marketing, Negotiations and Structuring Note Deals  *
  • The Paper Source’s Own Forms and Contracts for the Note Business *
  • Note Brokering and Investing Mastermind Private Facebook Group *
  • Your own customized website **
  • eMail coaching with W. J. Mencarow *

Read more: http://papersourceuniversity.com

Easy Debt Consolidation Strategies You Can’t Go On Without

The burden of unmanageable levels of debt is something that nobody ever wants to face, but far too many people do. Debt consolidation can be a useful solution, provided that it is done in smart, deliberate manner. The piece below offers lots of helpful tips for ensuring that you make the best decisions for you and your family.

Let your close friends and your relatives know you are in debt. Perhaps they can lend you some money or give you some useful advice on how to get out of debt. You should not hide this fact from friends and family members you can trust since their support will make a difference.

Find out which debts you have that will not be covered in debt consolidation. While most debts can be consolidated, there are a few that cannot, such as some student loans. You need to make sure that you know what will be covered and what will not, before you sign up.

Figure out whether you will be able to afford thte debt consolidation payment every month. Now, if you have been having money problems, you do not have a lot of extra money. You need to make sure you are going to be able to come up will the payments you need every month in order for debt consolidation to work.

When considering debt consolidation, start with your local lending institution. They will be familiar with your credit history, work history and financial standing. This information can help to streamline your application process, making it easier for you to get accepted into a low interest debt consolidation plan as quickly as possible.

Make sure you know how much a debt consolidation company is going to cost you. Have a discussion about their fees. Make sure you know your rights as well. The company cannot charge you any money until they actually do some work first. Discuss the payment schedule with them and move on if you hear anything you do not like from them.

After you’ve consolidated your debt, consider what credit cards you don’t need. Remember what got you here in the first place. Do you need all of that credit? Do you feel the itch to use it? Don’t fall back into bad habits. Get rid of any cards that are unnecessary.

Find out whether a company pays its counselors by commission. This is tremendously important for you, since a counselor working on commission may not have your best interests at heart. Make sure you avoid commission-paying companies, and instead opt for those that treat their employees well and pay them a salary.

Personalization should be used by debt consolidation companies. They should design a consolidation and debt reduction program geared towards your individual needs. Your debt counselor should develop a personalized solution for you.

Find out about the privacy policy. Know how the information you give the company is going to be stored. Ask if their computers use encryption. The more secure the system, the less chance your identity will get stolen.

Think carefully before signing up with a debt consolidation company. You may be in a state of panic or worry about your financial situation, and you may be acting in a rushed or desperate manner. Think carefully about what matters for you in the long run, and make choices accordingly.

When working on a debt management plan during debt consolidation, you need to make sure that you bring all of your accounts current. Aging debt needs to be wrapped up into any current debt. If you have any old student loans or debt that is over 4 years old without a payment, get it all consolidated into the new plan.

Get copies of your credit report before you talk to a debt consolidation company. That way, you will be able to talk knowledgeably about what debts you have at any given moment. When a debt consolidation representative has the chance to really know what you are dealing with, they can offer you a more specific solution sooner.

Extreme amounts of debt plague an unfortunate number of individuals, many of whom feel there is no hope for ever climbing out of the situation. However, when done wisely, debt consolidation offers a way out. Hopefully the information presented above has given you the tools you need to move forward with confidence.

End The Anxiety, Read This Article About Real Estate Investing

Are you interested in investing in real estate, but you are not sure how to get started? Have you been burned by an investment turned sour in the past? If so, you may benefit from some of the information in the following article. Use it to get more from your real estate investments.

Speak with a real estate expert to help you with your plan and see whether or not there are holes in your strategy. This will help you to get a good idea of where you stand and what you need to do to accomplish your goals. They may tear the plan apart and give you an alternative plan instead.

Get an understanding of tax laws and recent changes. Tax laws are updated and amended regularly which means it is up to you to keep up with them. Sometimes the tax situation on a property can really up the hassle. When it seems to be getting to thick to manage, consider a tax advisor.

Try not to overextend yourself. Don’t get overeager. Start small and work your way up. Don’t just assume that you can spend a great deal and make that money back. That’s an easy way to back yourself into a corner. Wait until your smaller investments can fund some of your more ambitious ones.

There are two main guidelines to consider when entering the industrial or commercial real estate market. You want to make sure that you get a fair deal on the square footage. Second, avoid overpaying for the business. Think seriously about the “as is” value of the property and what rental income could be ascertained. It is important that both of these numbers provide a good deal for you.

Make sure that you select places that are well-known and in a great area that could garner a lot of interest from potential clients. This is key, because it provides the greatest possible resale value once you are ready to buy it. It’s also a good idea to look for properties that don’t have high maintenance requirements.

Consider building up a real estate rental portfolio that can continue to provide you with consistent profit for retirement purposes. While purchasing homes to sell for profit is still possible, it is less of a reality in today’s world than it has been in the past. Building up rental income by purchasing the right properties is trending vs flipping homes due to the current housing market.

Don’t let your emotions be your guide in real estate investing. What you want personally certainly plays into home buying for yourself, but not for investing your money. Stick to what can make you money, and that is it. Always compare a property’s purchase price versus what you can make from it in terms of rental or fixing up and selling.

Buy local properties. When you do this, you already know what the neighborhood is like. It will also let you keep an eye on your property, which gives you much needed control. You will have total control of this investment if you live close enough to handle it yourself.

Before you buy investment property in a neighborhood, find out if the city has anything planned for the areas surrounding this neighborhood. For example, you would not want to buy in an area if the city proposed to turn an area into landfill. If there are positive improvements on the horizon, this may be a good investment.

Try working well with others. Don’t look at your peers in the market as competitors, and attempt to work together. In this way, you can share resources and client lists as well as pooling your collection of properties on offer. If you help other people you end up getting helped more in return. This will surely help your reputation.

Make certain that you can afford the mortgage on any property you purchase. If you buy a rental property, ensure that you will be able to pay your mortgage, even if a few of your units are empty. It’s not smart to assume your rental income will fully cover the mortgage payment.

Know a little about the neighborhood you are buying in. If you are just looking to buy cheap properties, you may in fact lose money if you purchase a building in a rundown area. Find out as much as you can about the neighborhood before you put any money into a building there, and you may avoid losses.

If you’ve got the itch to start real estate investing, take action immediately. Real estate investing is one of those things that people often say they want to do, but never ever give it a shot. If you’re serious about it, get serious now, not later. The longer you wait, the more missed opportunities you will have.

Before you buy a property that you wish to rent out, find out how much other properties in the area rent for. The way to rent quickly is to not price yourself out of the neighborhood. This helps avoids the situation where people don’t want to rent your property and you end up having to pay the costs.

As you can see, there is a great deal to learn about investing in the real estate market. As with any form of investment, it has its pitfalls that you need to watch out for. By using the information that you have just read, you can avoid losing money in real estate.