Posted by Leesa on November 22, 1998 at 17:04:41:
Thanks, John for the information.
How to Find Notes - Posted by Leesa
Posted by Leesa on November 22, 1998 at 12:48:31:
How do you find notes? I purchased a seminar sometime ago, that gives me access to investors who purchase all types of notes (real estate, structured settlements, business, etc.) at a discount. I am the “referal agent”. Of course, the problem is I have not been able to locate notes to refer. The seminar taught taught the conventional ways to locate notes (ie. advertising, mail list, etc.), but I am sure everyone does the same thing. I am looking for a market that has not been tapped into yet. Something other than real estate. I live in Southern California and the real estate market is booming for sellers who don’t want to discount anything.
I am considering purchasing “Millions of Mortgages in Minutes” by John Behle. I was wondering if anyone has any feed back on this series.
Also, if anyone has any feed back good or bad as to what I maybe doing wrong. I really want to excel in the paper business, I just need to get my feet wet.
Over a hundred sources - Posted by John Behle
Posted by John Behle on November 22, 1998 at 15:00:43:
There are over a hundred sources of paper. Here’s a few.
Category One - Advertising
(1) Classified ad
(2) Yellow pages
(3) Billboards
(4) Radio
(5) Cable TV
(6) Business/Trade papers
(7) Free papers
(8) Magazine/newsletter
(9) Co-op advertising
Category Two - Referals
(10) Accountants/CPA’s
(11) Foreclosure attornies
(12) Probate attornies
(13) Bankruptcy attornies
(14) Divorce attornies
(15) Business attornies
(16) Criminal attornies
(17) Financial planners
(18) Social security
(19) H.E.A.T.
(20) Structured settlement
(21) Business brokers
(22) Pawnbrokers
(23) Resthomes
(24) Escrow companies
(25) Title companies
Category Three - Direct contact
(26) County recorder’s
(27) Trust deed lists
(28) Foreclosure paper
(29) Property Liens
(30) Judgements
(31) Loan servicing co.
(32) Tax sales
Category Four - Real estate agents
(33) MLS computer
(34) Exchange groups
(35) NCE
(36) Real estate schools
(37) Continuing ed.,
(38) CID/CCIM groups
(39) RESSI chapters
(40) Board functions
(41) Hotsheet
(42) MLS Email
(43) Fax broadcast
(44) MLS ad
(45) Ad in local mag.
(46) Title comp. seminars
(47) Agent seminars
(48) Sales Meetings
Category 5 - Instititutions and government sources
(49) RTC
(50) FDIC
Category Six -
Paper makers and handlers
(51) Timeshare
(52) Car
(53) Mobile home
(54) Furniture
(55) Carpet
(56) Truck driving schools
(57) Builders
(58) Developers
(59) Yacht
(60) Siding
(61) Roofing
(62) Remodeling
(63) Water conditioners
(64) Swimming pool
(65) Funeral directors
(66) Vacuum cleaner
(67) Plastic surgeons
(68) Food storage
(69) RV dealers
(70) Condo conversions
(71) Condo and co-op fees
(72) Acre/ Rand groups
(73) Lowry groups
(74) Delta groups
(75) Re-vest groups
(76) Apartment Assoc.
(77) Co-op paper
Category Seven - Other Note brokers
(78) Mortgage companies
(79) Banks
(80) Other note brokers
(81) Seminar mills
(82) Paper source
(83) Noteworthy
(84) National Note
Category Eight - Planting Seeds
(85) Amortization Schedules
(86) Ledger / collections
(87) Foreclosure facts
(88) Note owner’s handbook
Category Nine - Miscellaneous
(89) Lottery winnings
(90) Military
(91) Airplane
(92) Golf course
(93) Insurance Settlements