Tele-clinic: How to Find, Broker &
Invest in Real Estate Notes
National Note Association was formed to provide support and advice to both the start up note broker and those interested in investing in notes. We are also a serious note buyer through our affilate, Private Mortgage Association, Inc. NNA desires to provide 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. Now, considering today's credit market, sellers and buyers will need to rely more and more on private financing. 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 Tele-clinic™ on how to find, broker and invest in real estate notes and other cash flow streams.
WE USE PAYPAL TO PROTECT YOUR CREDIT CARD INFORMATION.
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 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. During every class, we will also focus on marketing for and finding real estate notes, since in past classes, students were most concerned about this issue.
Tuesday, April 8, 2008, 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.
BONUS: Those in attendance will receive a $10 off coupon code for TValue software.
Tuesday, April 15, 2008, Week 2: Packaging Your Note: don't be afraid to interview the note holder to obtain all the necessary information. We will discuss forms for this information and how to encourage discussion with the note holder.
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, April 22, 2008, 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, April 29, 2008, 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, May 6, 2008, 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, May 13, 2008, 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, May 20, 2008, 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, May 27, 2008, 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.
After registration, each Tuesday morning you will be emailed the telephone number for that Week’s course. For some classes, we will be using Web presentations for those of you able to simultaneously talk on the phone and get on the Internet.
