I just put together a short new, free Note Buying Video
on our homepage at www.NoteBuyingProfits.com for you.

Plus, I put together a FREE 20-page Note Buying Report, called
‘The Great Recession Buster Report’ for you as well.
You can get it right on the homepage at www.NoteBuyingProfits.com

In it I share some of my path from Frustrated Cubicle Dweller
to Short Sale ‘Slave’ to… drum roll… ‘robbing’ banks (legally,
of course) – and how YOU can, too.

It’s 100% F.REE and I bet you will learn a thing or two, and
you can probably identify with parts of my note buying journey
yourself.

If only ONE person reads this & gets inspired to TAKE ACTION
and take advantage of the insane note buying o.pportunity out
there (yes, it takes something to NOT listen to the nay-sayers and
dream stealers!), I will be happy that I took the time
to write it.

Feel free to pass this on to your Real Estate buddies as well,
they may be quite ’shocked’ to learn about this. ;P

Let’s face it: 95%+ of them have absolutely
NO CLUE about note buying and this o.pportunity…

Check it out at www.NoteBuyingProfits.com now!
(Did I mention it was F.REE? )

Talk soon,

Dean

PS: Let me know what you thought of it by leaving a COMMENT BELOW.
Would love to hear your thoughts on the Video & the Report.
What did you like best? Worst?

What is your biggest concern to get into the note buying game?

=================================

* Check out our NEW FORUM: www.NoteBuyingProfits.com/forum

* Ready to REALLY get down & dirty?
‘A-Z Profiting from Discounted Mortgages Business-in-a-Box‘.
-> 16 hours+ of Video Training, 23 pages of checklists, a complete 8-Week Roadmap,
an extensive Table of Contents for quick reference, plus TONS of Bonuses.
[===> You can check out Hours of F.REE Training Videos of the actual Course Content HERE.]

* ‘PRIVATE ACCESS CLUB’ (PAC) – Test-Drive it for F.REE for 30 Days!
Get Your Questions Answered LIVE & get Ongoing Support & Training!
Conference Calls/Webinars, Interviews with Industry Insiders (Bank Reps, Top Note Brokers, etc.),
Real-Life Case Studies, Role-Playing, and ‘HOT SEATS’ to get coaching on
Your Deals/Business Challenges, and more

* Questions? Chances are I already answered them at www.NoteBuyingProfits.com/blog.
(Use the ‘Search’ feature or click on the ‘FAQ’ category on the right to see them all!)

* Want to make Easy M.oney telling Your RE Buddies about our Kick-A** Products? Click here.

Here’s something valuable & inspiring for you.

As much as I can tell you about my own note buying successes…
I believe it is actually a lot more powerful and ‘real’
for you when I share other NoteBuyingProfits Students’ success
stories with you.

Folks like you, who took the exact buying-discounted-real-estate-notes
roadmap I laid out, studied it, and then went on to take MASSIVE
ACTION and implemented this newly-found knowledge.

So, here is the first Note Buying case study of a new
series we are starting:

* The ‘NBP Student Success Story Series’ *

This first one is with Rick from North Georgia.
His REI club buddies were laughing when he started getting
into note buying – listen in to find out who’s laughing now…

* MP3 Audio recording

* PDF doc with the transcription, if you prefer
reading

Right-click & ’save as’ both links to your computer &
listen/read it at your convenience.

Some notes on the content:

“I’d like to order a $297/month check for my $2,000
investment, please!”

It may sound like small money, but what happens when
you do a lot of small deals?

They begin to add up.
(Especially if you don’t have to waste any time on finding
deals anymore, because you created one single RELATIONSHIP
that keeps feeding you disounted real estate notes!)

And when you hear about the returns that Rick’s
getting on his first note deal, and what he’s just done on
his 2nd deal, you’ll see what it means to be able to
buy – and succeed in – non-performing notes.
—————————————————
* * * Some Note Buying Take-aways from this call * * *
—————————————————

* the secret to understanding the banker

* how to get 4 bankers to send you leads on loans
they want to sell, on the night before Thanksgiving
(this is happening NOW – I just received two more
pools today from banks wanting to close by end of month)

* how to buy a $19,000 mortgage for $2,000

* how to convince a borrower to pay you $297/month
for an investment of $2,000, FOR THE NEXT 9 YEARS

All from someone who, like YOU, is getting his feet
wet in buying discounted real estate notes.

Oh, and I forgot to tell you – Rick is the perfect example
of how to make m.oney with very very little money.

His story is the classic
“I succeeded with $2 in my pocket” type of story.

It’s all here ….

Dean

P.S. If this inspires you to make a change in your own
cash flows during this holiday season, and to take
steps to take control over your career, we’d like to
help you get there.

Starting today, until January 1st,
we’re offering the A-Z Buying Discounted Real Estate Notes Course, our
16+ hour course that Rick studied (listen in the call replay to the
parts that he benefitted from the most so that you
know where to really focus!), at a whopping 33%
discount – use *SPECIAL CODE* ’santa’ on the order page!
And if that is not enticing enough: for the first
five orders, we’ll throw in the Advanced Version of the
‘How to raise money toolkit’ (a very real $597 value
in itself) as a F.REE bonus….

=================================

* Check out our NEW FORUM: www.NoteBuyingProfits.com/forum

* Ready to REALLY get down & dirty?
‘A-Z Profiting from Discounted Mortgages Business-in-a-Box’.
-> 16 hours+ of Video Training, 23 pages of checklists, a complete 8-Week Roadmap,
an extensive Table of Contents for quick reference, plus TONS of Bonuses.
[===> You can check out Hours of F.REE Training Videos of the actual Course Content HERE.]

* ‘PRIVATE ACCESS CLUB’ (PAC) – Test-Drive it for F.REE for 30 Days!
Get Your Questions Answered LIVE & get Ongoing Support & Training!
Conference Calls/Webinars, Interviews with Industry Insiders (Bank Reps, Top Note Brokers, etc.),
Real-Life Case Studies, Role-Playing, Members-Only Forum, and ‘HOT SEATS’ to get coaching on
Your Deals/Business Challenges, and more

* Questions? Chances are I already answered them at www.NoteBuyingProfits.com/blog.
(Use the ‘Search’ feature or click on the ‘FAQ’ category on the right to see them all!)

There’s an old Romanian saying: “Only the foolish learn from experience – the wise learn from the experience of others.” 

It’s appropriate because it shows how one of my brightest aspiring note buying investors in our Private Access Club right now, let’s call him “John”, could use a little of that Romanian wisdom.

The reason I’m sharing this with you is so that you don’t make the same mistakes when learning to buy defaulted mortgages that he’s making.

[Note to "John" - this is not meant to humiliate you, consider yourself an example of what most of us do or try to do in real life - cut corners. We all do it, I'm just using you as an example to make a point.]

John (not his real name) is one of the most dedicated to all of our content – he’s in the Private Access Club every week, he asks questions, and he’s just received his first data tape, and he’ll probably be buying his first note soon.

But he’s completely missing the point that the old Romanians would chide him for: he’s not using “the experience of others.”

What do I mean?

Yesterday, John sent me a pool of defaulted mortgages that he’s brokering to me (you always have that option, by the way – the agreement that we’ll sign between us and that will protect your relationships that you bring me, is right HERE – beware of other note buyers out there promising you commissions and essentially wanting to “steal” your bank relationships).

And he writes to me: “Also, feel free to use my labor at no charge to assist you in whatever way needed to progress the deal.   Ideally, I would like to learn from the experience as much as possible.  However, I will defer this decision to you.”

Here’s what I wrote back to him:
___________________________

John,

We’ll move forward with this pool – but here’s something I want you to think about.

I’ve taken the time to lay out everything that I do in minute detail, for guys like you who are hungry to learn. You heard Vic on our Private Access Club call the other day – he said he’s gone through Steps 2-4 of the A-Z Profiting from Defaulted Mortgages Business-in-a-Box Note Buying Course exactly THREE TIMES now in order to prep himself to talk to banks, and to demonstrate that he knows what he’s talking about so that he can talk about the exit strategies, negotiate a close with the bank, and price his nonperforming notes right.

He is WAY beyond you right now, just from having been exposed to what the banks are looking for, what the documents are that they’ll be sharing with him, and what some of the basics of a bid are.

You will get much much more from what you and I are able to go through together on this bid, for example, if you get and study the A-Z course. I promise you.

This isn’t a sales pitch – it’s an invitation to learn everything that goes BEHIND the bid to the bank, and the detail of what happens IN the bid to the bank and IN the negotiations with the bank, but BEFORE it happens.

And, here’s the most important part – to make the best use of the time that you and I have together on this bid (and others).

What do I mean?

If you get the basics out of the way and study the A-Z 16-hour How-to-Buy-Defaulted Mortgages Course, you’ll have a ton of more educated and informed questions to ask me and to review, rather than some of the basic questions that you probably have now because you haven’t seen the entire note buying process in action.

Vic’s no dummy – there’s no way that he would spend that much time (36 hours!) reviewing and reviewing content that I’ve created if he didn’t think that it could help him. And look where he is – on his own, negotiating with banks directly and getting defaulted mortgages pools.

I would never, ever, in a million years, have spent sooooo much time putting this 16-hour Note Buying course together if I didn’t believe 200% that it would really inform and help the people who took it, to launch their business, like Vic’s doing. 

So now, when you come to me with a note pool that you’ve worked I’m sure very hard to be able to receive, I’m more than willing to spend some time going through this to bid on it ourselves.

But here you are asking me how you can learn from me and you haven’t even taken the step that I spent hours and hours and hours of my time (I spent about 3 hours prep for each hour of content that I’ve created) putting together something that is EXACTLY intended to be able to teach someone like you what this defaulted mortgages business is like!

And you don’t even do me the courtesy of accepting that I’ve created this specifically for what you’re asking me.

It’s as if you’re coming to me to ask me what the best way to learn the how-to-buy-defaulted-mortgages fundamentals so that you can launch yourself to find and buy notes as fast as you can, and when I put something in front of you and tell you – “well, this is what I’ve put together using my own note buying case studies and experience specifically to help you launch yourself to buy defaulted mortgages, you should study it” – you say “yeah, yeah, what else?”

Don’t shortcut your own launch speed to arrive at buying defaulted mortgages.

You’ll end up firing on 2 cylinders instead of 4.

I can tell you’re hungry and want to learn, but I’m totally lost as to why the A-Z How-to-Buy-Defaulted Mortgages Course doesn’t make any sense for you. It’s the most systematic, content-rich, case-study loaded defaulted mortgages and note buying training that anyone will ever give you in this field.

Do yourself, and me, a favor, and get yourself up to speed on the note buying basics so that when you and I do interact, I don’t have to take the time to explain any of that, and you can really jump start your new note buying/brokering business.

Dean
__________________

Back to my post to you here:

Here’s my point: if you can learn from someone else’s experience, DO IT.

It’ll save you time, money, and energy.

In this case, I’m inviting you to learn from my own experience in order to launch your how-to-buy-defaulted mortgages business. That’s what the 16 hour+ Note Buying course is, really, it’s an opportunity to leapfrog a number of tedious steps as you get started.

You’ll shave months off the time it takes for you to: raise m.oney, find nonperforming notes, buy your first defaulted mortgage, and grow your replacement JOB.

Be your success.

Dean

=================================

* Check out our NEW FORUM: www.NoteBuyingProfits.com/forum

* Ready to REALLY get down & dirty?
‘A-Z Profiting from Discounted Mortgages Business-in-a-Box‘.
-> 16 hours+ of Video Training, 23 pages of checklists, a complete 8-Week Roadmap, an extensive Table of Contents for quick reference, plus TONS of Bonuses.
[===> You can check out Hours of F.REE Training Videos of the actual Course Content HERE.]

* ‘PRIVATE ACCESS CLUB’ (PAC) – Test-Drive it for F.REE for 30 Days!
Get Your Questions Answered LIVE & get Ongoing Support & Training!
Conference Calls/Webinars, Interviews with Industry Insiders (Bank Reps, Top Note Brokers, etc.), Real-Life Case Studies, Role-Playing, Members-Only Forum, and ‘HOT SEATS’ to get coaching on Your Deals/Business Challenges, and more

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___________________

My reply:

Here’s something to keep in mind. First of all, why are you spending any time at all looking at note buying? Is it to make money?

Of course.

Is it to make lots of money? Sure.

OK, now. Why are you attracted to this more than some other aspect of real estate?

Well, one of the key reasons SHOULD be the repeat-ability of this business. The 1R, remember? (the ‘A-Z Profiting from Discounted Mortgages Biz-in-a-Box‘ Course will walk you through this, pounding this into your head!). “R” stands for “relationship”, and the idea that a single relationship can generate significant deal flow for you.

So to the question at hand.

If you’ve just spent a significant amount of time generating a lead on a note or pool of notes from someone, and come up with a data tape (a data tape is usually an excel spreadsheet with 1 or more notes for sale included on it), then you should be thinking 2 things:

1. how do I make money off the notes on this tape?
2. how do I make recurring revenue off of this relationship?

It looks like the company mentioned before may have addressed (1) above, but it may not address (2) unless you have “secured” yourself with some sort of contract to cover future transactions.

In order to help you to protect yourself as a note broker, here’s a draft commission agreement (right-click & ’save as’ to your PC) that you might want to use as reference (note that it’s California specific so you’ll want to edit it accordingly) – in order to “protect” your interests.

BEWARE THOUGH: a contract is really just a piece of paper. You need to litigate to enforce it. And to litigate, you need to have evidence that the terms of your contract have been violated.

What am I getting at?

Once you’ve signed a brokerage agreement (and I have brokerage agreements with people that are just verbal agreements, by the way), you then have to trust that the person who you’re brokering to will send you money each time they do a deal with the seller you introduced them to, at least for the duration of your agreement.

So now you’ve become an enforcer. If you don’t trust that the person you signed the brokerage agreement with is sending you money WHEN they do a deal, now you need to “check up on them” to make sure that they’re not doing deals and NOT sending you your commission.

And you may not like having to do that.

So what’s my advice on how to broker notes?

Broker to people you can trust.

Simple as that.

If you feel like you can trust someone, then go ahead and enter into an agreement with them.

But don’t ever do business with someone that you don’t have a good gut feel to.

Trust your gut.