reo: 50 Shades Darker of Notes - 02/17/17 08:21 AM
 Are you closing all the deals you are looking for or are you "tied up" doing things the old way? Are you raising private capital or feel like you are ball gagged when talking with prospective funding partners. Do you feel like your note business is in a rut and in need of a good "spanking" to help you think outside the box? Is it time to put on the garters and stockings and sexify up your business? I'll help you unlock the handcuff's to help you take your note and real estate business to a different, darker level of success … (4 comments)

reo: My Favorite Things About Investing In NPN's - 02/14/17 09:23 AM
With it being Valentine's Day to start this thread, I figured that I would share with you the three biggest things that I love about investing in NPN's.  Feel free to add your favorites!
1.  Access to more deals!  Especially if you go after regional banks instead of just searching the different listing websites.
2. Better pricing! Often times, we'll see a lot better pricing on NPN's when compared to the REOand retail markets.
3.  More exit strategies.  This is my favorite!  With NPN's you have so man different ways to make your non performing note pay out that's its truly a win if you … (2 comments)

reo: 10 Tips For Calling Banks For Distressed Deals - 02/03/17 10:41 PM

I've noticed several current posts on a few other websites where a few note investors were looking to call banks directly to track down note deals.  I've been doing this since 2008 and I thought that I would lend some knowledge and tips on what we have done to build a large database and close a ton of bank direct deals.
1).  It's a numbers game.  Keep in mind that 80% of sales are made after the 5th contact and this is so true with bank asset managers.  You have to expect to call and email several times to make contact.  My … (1 comments)

reo: Trump Signs Executive Order On Notes - 02/01/17 01:11 PM
Making America Great Again...One Mortgage At A Time!
So no, maybe President Trump didn't sign an executive order to take our Virtual Note Buying For Dummies workshop and get it at half off.
But it would sure be cool if he did!
So in the spirit of fun and games (and an ability to laugh at all the political nonsense that the news media and political parties are putting out there) I thought I would run a quick "Executive Order" special for anyone interested in learning how to really make America Great Again One Mortgage At A Time. How do you do this? By … (0 comments)

reo: KPI's For Your Note Business - 01/22/17 03:06 PM

So many real estate investors are running around like its the wild west. Most don't have a clue on what they need to be doing on a regular basis or what actions they need to be taking on a regular basis to ensure growth. Without having ways to measure your business activities, you can't tell if you are growing or just wasting time in limbo.
On this episode of the Monday Note, Scott will be sharing with you some of the Key Performance Indicators (or KPI's) that you need to have in your business to ensure success.
https://attendee.gotowebinar.com/register/5642313622915084291
… (4 comments)

reo: 3rd Annual New Jersey Distressed Mortgage Expo - 01/17/17 01:47 PM
I'm excited to be one of the many speakers speaking at the 3rd Annual Distressed Mortgage Expo taking place at the Newark Airport Hilton January 28-29th.
This event is limited to first 200 signups and will be packed full of content and panels to help you kick your 2017 off on a good start (all before the Superbowl)!
Grab 25% off of your tickets by using the special code, WCN25 at http://bit.ly/NJDistressedExpo now before it sells out!
… (2 comments)

reo: Texas REO Pools at 60% of Market Values! - 10/29/07 03:18 PM
Hello Investors,
After a few months off, I am back on the blogging trail again.  I have been very busy in the mortgage and real estate investment business these last few crazy months and I am looking for investors who want to take advantage of the ton of due diligince that I have been working on lately.  With all of the foreclosures (over 400 a month each month in Williamson and Travis Counties combined), this has led to a tremendous amount of bank owned properties that are starting to sit on the MLS and market.  Lenders are not liking the fact that … (1 comments)