Sunday, August 5, 2007

FREE Broker Training Classes Offered

Tele-clinic: How to Find, Broker & Invest in Real Estate Notes

The secondary mission of National Note Association (our primary mission is to buy and sell mortgage notes) was to "pay it forward" by providing support and advice to both the start up note broker and those interested in investing in notes. NNA desires to serve both of these communities by providing education and guidance.


Private mortgages are valued in the billions in the United States. When we compare the private mortgage industry with the “public” mortgage industry we look at the figures provided by two government-sponsored organizations: the Federal Mortgage Association (Fannie Mae) and the Federal Home Mortgage Loan Corporation (Freddie Mac). These two enterprises account for almost half of the $8 trillion outstanding U.S. home mortgages. When people ask us whether there is room in the industry for more real estate note brokers or real estate note investors, we have to ask, why not?



Join us for our FREE Tele-clinic™ on how to find, broker and invest in real estate notes and other cash flow streams.


Class Time: 10:00 p.m. Eastern, 9:00 p.m. Central; 8:00 p.m. Mountain; 7:00 p.m. Pacific


BONUS: Those who attend all 8 weeks of our Tele-clinics™ are eligible for 6 months of free email NNA note coaching. There will also be a weekly bonus for those in attendance each week.


Tuesday, September 11, 2007, Week 1: Time Value of Money – calculating present value on cash flows (we recommend having access to a financial calculator or TValue software). We'll quickly move into calculating discounts and yields for your investors for private notes.
BONUS: Those in attendance will receive a $10 off coupon code for TValue software.


Tuesday, September 18, 2007, Week 2: Packaging Your Note: don't be afraid to interview the note holder to obtain all the necessary information.
BONUS: Those in attendance will receive a “cheat sheet” with hints on how to quickly make an offer for a note without even pulling out your calculator.


Tuesday, September 25, 2007, Week 3: Qualifying a Note: Credit Scores, Seasoning, LTV, and Other Indications of Value.
BONUS: Those in attendance will receive a list of national sources for determining 1) value, 2) credit, 3) title and 4) other resources for qualifying a note.


Tuesday, October 2, 2007, Week 4: Forms – documents that will protect your labor. Suggested forms will be emailed to those in attendance.
BONUS: Those in attendance will receive a selection of forms recommended for your note brokering business in Microsoft Word format.


Tuesday, October 9, 2007, Week 5: Business Presence and Business Credit – how to not look like an amateur, establish liability protection, and develop business credit.
BONUS: Those in attendance will receive a copy of the “Building a Business Presence and Business Credit” chapter of our soon to be published book, “The Art of Money.”


Tuesday, October 16, 2007, Week 6: Finding Notes – marketing and with or without cash resources.
BONUS: Those in attendance will receive a list of note sources, including a point and click spreadsheet of URL’s where notes can be found.


Tuesday, October 23, 2007, Week 7: Negotiating and Contracting with the Note Holder.
BONUS: Those in attendance will receive a sample marketing materials that can be used in your marketing campaigns to find Note Holders.


Tuesday, October 30, 2007, Week 8: Negotiating and Contracting with the Investor.
BONUS: Those in attendance will receive a $200 bonus for the first note closed with National Note Association, Inc.


Join us for as many Tele-clinics™ as you wish or mid-course (however if you miss a Tele-clinic™, we won’t recover the same thing; you’ll have to catch it the next sessions.)


After registration, each Tuesday morning you will be emailed the telephone number for that Week’s course. If possible, we may incorporate a web presentation for those of you able to simultaneously talk on the phone and get on the Internet.



For more information go to our website at http://www.nationalnoteassociation.com/ .