I was watching a DVD of mine; the movie "The Never Ending Story" last night and the idea for this post came to my mind just as the movie was ending. I have watched this movie many times over the past couple of years, but, last night it sparked this idea.
For those of my readers who haven't heard of this movie it is a fantasy; a story about a place called "Fantasia" - a story that truly never ends. A story that continues as each of us can dream our own stories and as long as we dream the stories never end; there truly are no boundaries.
Ok, what does this movie "The Never Ending Story" have to do with success you might ask? Well, even in fantasy one can find rational dreams and dreams are the beginning of goals, and goals that are realized can lead to happiness and success. To find success one must have a goal, and find what it will take to make that goal, dream or fantasy a reality.
A dream is the beginning, research the dream - discover what it will take to turn the dream into an obtainable goal and never let up. keep the dream or goal in focus and don't give up or let others sway you. Surround yourself with other's who will help build you up and not drag you down. Don't be afraid of the journey; let your success be a never ending story!
Businessman
HELPING EACHOTHER ALONG THE WAY
Tuesday, May 8, 2012
Wednesday, April 18, 2012
How Do You Include These Relationship Builders In Your Content?
Another great post by my friend Joan Harrington; an expert on building business relationships that will stay and hold together.
How Do You Include These Relationship Builders In Your Content?
How Do You Include These Relationship Builders In Your Content?
Thursday, April 12, 2012
Saturday, March 31, 2012
Yes - Take Time To Relax
A Little Departure
Many of my recent posts are have been about "Finding Your Passions", "Believing In Yourself", and other tips on finding success and happiness in business and life. One of the most fulfilling feelings is definitely making your lively hood doing that which you love but, I do have another tip that is very important.
Many people spend so much time on these guidelines but still feel a bit off center at the end of the day. It doesn't matter how much you love what you do there is going to be a little stress; whether you are an artist who does oil paintings or a journalist who writes for a major newspaper - you will have deadlines or times when your work just isn't gelling. As a real estate investor I know that there are times when the deal is just taking a bit longer than it should, or being that I am also a writer I find that I have had writer's block the past couple of months and haven't been able to finish my fiction manuscript as I had planned. My point in saying this is that no matter what you do and how much you enjoy it you must also take time to learn how to relax and have fun.
It is key that you take the time to be a part of your loved one's lives. If you have children then make sure that you interact with them and have fun. Spend time with friends and partake of events that have nothing to do with work. Find a way to go on a vacation of one type or another once a year if you can.
Relax Your Mind And Body
Allow your mind and body to renew and then you will be ready to hit the work load again. When you work too much you loose a bit of alertness and focus. Find a balance between sharing your life with those you care about, be a part of their lives, and never be afraid to let them know you care and yes... learn to Relax a bit.
Many of my recent posts are have been about "Finding Your Passions", "Believing In Yourself", and other tips on finding success and happiness in business and life. One of the most fulfilling feelings is definitely making your lively hood doing that which you love but, I do have another tip that is very important.
Many people spend so much time on these guidelines but still feel a bit off center at the end of the day. It doesn't matter how much you love what you do there is going to be a little stress; whether you are an artist who does oil paintings or a journalist who writes for a major newspaper - you will have deadlines or times when your work just isn't gelling. As a real estate investor I know that there are times when the deal is just taking a bit longer than it should, or being that I am also a writer I find that I have had writer's block the past couple of months and haven't been able to finish my fiction manuscript as I had planned. My point in saying this is that no matter what you do and how much you enjoy it you must also take time to learn how to relax and have fun.
It is key that you take the time to be a part of your loved one's lives. If you have children then make sure that you interact with them and have fun. Spend time with friends and partake of events that have nothing to do with work. Find a way to go on a vacation of one type or another once a year if you can.
Relax Your Mind And Body
Allow your mind and body to renew and then you will be ready to hit the work load again. When you work too much you loose a bit of alertness and focus. Find a balance between sharing your life with those you care about, be a part of their lives, and never be afraid to let them know you care and yes... learn to Relax a bit.
Wednesday, March 7, 2012
I wanted to share this post from my friend Philippe Moison; he shares many great tips, he is an avid blogger and very knowledgeable.
Video Marketing - Keep Doing Videos And Save Time
Video Marketing - Keep Doing Videos And Save Time
Monday, March 5, 2012
Who Else Wants To Get Their Content Read?
I have been a friend of Joan Harrington's for some time now and read her articles and posts when ever she shares her knowledge with us. I always learn new ways to connect and share.
Who Else Wants To Get Their Content Read?
Who Else Wants To Get Their Content Read?
Tuesday, January 31, 2012
Summer Greene: "I Give Because ..."
To my friends and business associates. I wanted to share this video by Summer Greene, a Realtor in Florida. I felt that this program that she is discussing may be of interest to those who either live in Florida or may be investing in Florida real estate. Thank you for your time.
Thursday, January 19, 2012
Sunday, January 8, 2012
Future Payments Or Cash Now
Creative home or
business sellers who offer seller financing to potential buyers can often sell
their homes or businesses more quickly (and at a higher price) in a slow
market.
While applying seller
financing techniques isn't more difficult than traditional real estate sales,
it is important to recognize that the buyers looking for seller financing
represent a different target market than typical bank-financed customers.
Similarly, the process
for obtaining a large cash payment for the seller after a note is created
varies from the conventional real estate closing technique as well.
Fulfilling a Seller's
Need for Cash
In some
seller-financed real estate situations, the property owner may have an
immediate need for more cash than is available from the scheduled principal and
interest payments. This situation often
comes about when the seller needs to have enough money to use as a down payment
for their next real estate purchase.
In order to quickly
obtain a large proportion of the money due from the loan they just created, the
seller could sell the monthly note payments to a buyer for a lump sum of cash. By locating someone willing to buy the note
payments, the seller will have ready cash for a down payment or any other
pressing financial need.
In order to streamline
the seller finance sale situation, it is advisable to have potential buyers for
the newly-created cash flow at the ready.
A seller can start
looking for buyers before the note is created, or even before a seller-financed
buyer is "lined up". This way,
the property seller could have a buyer for the payment stream ready to make the
purchase as soon as the new private mortgage is created.
But what is the best
method to find these note buyers? In stark contrast to locating seller-finance
buyers for the real estate itself, a classified ad in the paper is not the best
option. Most people looking to purchase
a stream of monthly payments do not look in the newspaper for potential cash
flows to add to their portfolios. An alternate
marketing strategy is required for finding note buyers.
In recent years, the
Internet has become the best place to find cash flow purchasers. Using keywords such as "buy monthly
payments" or "buy mortgage payments" at a popular search engine
website should lead to many interested buyers.
Sometimes there are so
many potential buyers that it can be difficult to figure out where to start. Cash flow buyers tend to have distinctly
different financial parameters; an opportunity that meets the needs of one
person perfectly may not be attractive at all to another. Therefore, it is often best to work with
someone who could give the seller a general idea about how notes should be
structured. Many states now require that
a third party structure the note such as a Broker or Title Company.
Using Note Finders...
In the secondary
finance industry, a unique group of individuals exists who specialize in
locating note buyers. These cash flow specialists - often known simply as
"finders" - have a unique understanding of what most buyers are
looking for. These finders are happy to work with agents and their clients.
Many of them utilize online marketing and have Internet websites to facilitate
the buyer location process.
The best of the bunch
also look in the newspaper for property sellers offering financing, so
sometimes a good finder will contact the seller if their property is advertised
as FSBO. Finders specialize in helping
property sellers locate buyers for secured notes.
Once in contact with a
finder, the seller should explain the details of the situation. While note finders won’t be able to offer any
legal advice or assist with the creation of a note, they are qualified to give
general recommendations about what types of terms that are attractive to note
purchasers.
Most importantly, note
finders will be able to help locate a buyer for a newly-created cash flow.
Remember, these
finders are not note brokers, meaning they will not "show" the
seller's note to buyers or act as a representative. They will only pass the
information along to someone who would be interested. Once a commitment to
purchase the cash flow has been established, the buyer will step in and
complete the deal.
When working with a
property seller who needs a lump sum of cash immediately after selling their
real estate, contacting a finder early in the process of creating a real estate
note makes sense.
By involving a
qualified note finder BEFORE a note is created, the property seller can receive
invaluable input about the payment characteristics that note buyers prefer.
Without this
knowledge, the property could sell quickly with the creation of a new note, but
the seller might end up collecting the payments long-term instead of being able
to quickly "trade" the future payments for an upfront cash
settlement. If the property seller will
need a large amount of cash quickly, it makes sense to plan ahead for a buyer
to purchase the cash flow and involve the services of a note finder.
For more information
contact me at mbrenotes3@gmail.com.
I work with investors
throughout the United States that purchase mortgage notes both residential and
commercial, if you need to sell, I can find you a buyer.
Friday, January 6, 2012
Different Demographic, Better Results
As I have explained in my post “Seller Financing To The Rescue”, seller financing can be an extremely useful option to sell a house or business in a slow real estate market. Unconventional private lending is a great way to increase the overall sales closing ratio. When the property owner is willing to "carry back" a note, it is often possible to obtain a higher selling price and reduce the time needed to find a buyer. Plus, creating a note secured by real estate can give the seller a steady, interest-generating income stream for their long-term future.
The Challenge: A Different Demographic
Home or business owners who are ready to offer a private loan in order to sell their properties are still faced with a stumbling block: how to find buyers in need of seller financing. Most property owners don’t have any experience in finding individuals interested in buying a "high ticket" item like a home or business directly from the owner.
When property sellers work within the established real estate agent process to find buyers and close a deal by "traditional" methods, it is generally safe to assume that the vast majority of these customers will qualify for bank financing. In order to pursue private seller financing to sell a home, however, a property owner will need to attract home buyers who do not have adequate credit to buy real estate - a significantly different demographic.
The key to successfully orchestrating a seller-financed real estate deal is getting the right buyers through the door - just like a traditional property sale.
In order to get motivated buyers interested, the seller will need to use a targeted marketing technique designed specifically for the "unconventional buyer's market". The most effective advertising method to tap into this distinctly separate pool of buyers is surprising to some.
Unconventional Marketing
The seller's best strategy for finding their credit-challenged buyers would be to list the property in places that are frequented by individuals that do not have a real estate agent. The newspaper is one of the best places to start putting out the word.
The majority of home buyers looking for seller financing start by searching the "For Sale By Owner" ad listings in the local paper. Seller financing originated and took off via this print medium. Even in today's Internet-dominated business world, newspaper advertising continues to be an effective means to reach those looking for seller financed deals, so it makes sense to start the advertising here. A simple sale ad including the line "seller financing available" or "credit issues OK" should help to generate genuine interest from the right potential candidates.
Orchestrating the Deal
Once interested buyers start coming around, the seller can choose to work with the party that brings the most to the closing table in terms of the down payment. Of course, larger down payments are better than smaller amounts, but it is entirely up to the property seller to decide what is acceptable.
Once the details of the initial payment, payment term, interest rate, and any necessary clauses are established, the buyer and seller could create a new seller-financed note. If the seller needs money immediately to pay their down payment, the note terms can be specifically tailored to ensure that it's attractive to cash flow buyers. Once the newly-created note is sold, the property seller will have "cashed in" their future monthly payments for an immediate lump sum of cash.
The details of the note creation are easily handled with standardized boilerplate or the assistance of an attorney; some note sellers are able to manage the sale of their home without any paid legal counsel at all. In fact, once the seller understands the potential advantages of seller financing and takes the proper steps to market the property to the target buyers, the final steps in cementing the note deal are usually much easier than expected. Many states do require that the note be originated by a third party such as broker or title company.
Tuesday, January 3, 2012
Seller Financing To The Rescue
The Problem
When it comes to selling real estate, one of the most difficult and frustrating situations for sellers is when market conditions make it nearly impossible to sell at the desired price point. A high initial listing price might be because the seller simply has an unrealistic idea of how their home or business property stacks up against the competition in the area, or the owner needs to sell for a set minimum price in order to pay off their loan against the property.
With traditional property sales methods, the only way to prevent the property from sitting on the market indefinitely is to keep dropping the price. Unfortunately, this technique doesn't always work - especially if the seller is unwilling to "discount" their property by much. In areas flooded with homes for sale, reducing the asking price slightly will not bring the desired result. In fact, it's common that the property will continue to sit on the market without offers, alongside the multitude of other unsold properties with similarly reduced prices.
Anyone who is experienced in sales understands that making your product stand out from the crowd is a critical technique for success, but, if there's too much competition offering the same attributes, the only logical way to attract the attention of serious buyers is to drop the price so that your property is a much better value than the competition.
In cases where the seller is too inflexible with their asking price, this is not a practical solution. Without an alternative strategy, the seller is forced to keep the house on the market for an extended period of time with an unrealistic asking price, hoping for the right buyer to come along. And as you know, that "Mr./Mrs. Right" might NEVER materialize!
The Seller Finance Solution
Property sellers who want to both obtain their desired price and close on the deal quickly should consider seller financing. Seller financing is a powerful tool to remedy real estate situations that otherwise look grim.
Many home and business sellers (and their real estate brokers) do not see seller financing as a viable option. In actuality, seller financing can bring new attention to the listing and invite a different group of potential buyers - thereby opening up a unique, untapped market. A large percentage of people and business owners throughout the country cannot get approved for bank funding to buy real estate because of their credit situation and/or the tightening of the credit market.
Many of these people are still in the market to buy a house, however. The "credit-challenged" are often frustrated with the limitations of apartment living or being renters; as a result, many are willing to pay a higher price just for a chance to get seller financing and improve their quality of life. A savvy property seller who recognizes this opportunity can salvage an unfavorable situation and turn it into a bonafide seller's market. By using this type of creative financing, the seller could actually end up getting more than the original asking price - without resorting to the questionable strategy of patiently waiting for the "right buyer".
Seller finance can enable homeowners to receive a favorable selling price despite bad market conditions. In addition, the real estate agent (if any) gets to close a deal and move on to other sales, while a home buyer with poor credit is able to become a home owner. It's one of those rare situations where everyone at the negotiating table gets what they want.
Paper Tigers
Many home sellers never consider seller financing because they don't understand the benefits. There are also common misconceptions that it's much too complicated to attempt to orchestrate a seller financed deal, or that there are no buyers willing to sign a private note. Once a property seller takes the time to learn about the basic process, the advantages of offering financing instead of a lower price to sell their property become very clear. Plus, a little education about seller finance will make it apparent that drafting a secured private note is actually a very straightforward process.
The bottom line is seller financing can enable a home or business owner to "have their cake and eat it too" - i.e., sell at the desired price, close the deal quickly, and even receive additional income from interest payments as well.
More Information: For more information email me at mbrenotes3@gmail.com
When it comes to selling real estate, one of the most difficult and frustrating situations for sellers is when market conditions make it nearly impossible to sell at the desired price point. A high initial listing price might be because the seller simply has an unrealistic idea of how their home or business property stacks up against the competition in the area, or the owner needs to sell for a set minimum price in order to pay off their loan against the property.
With traditional property sales methods, the only way to prevent the property from sitting on the market indefinitely is to keep dropping the price. Unfortunately, this technique doesn't always work - especially if the seller is unwilling to "discount" their property by much. In areas flooded with homes for sale, reducing the asking price slightly will not bring the desired result. In fact, it's common that the property will continue to sit on the market without offers, alongside the multitude of other unsold properties with similarly reduced prices.
Anyone who is experienced in sales understands that making your product stand out from the crowd is a critical technique for success, but, if there's too much competition offering the same attributes, the only logical way to attract the attention of serious buyers is to drop the price so that your property is a much better value than the competition.
In cases where the seller is too inflexible with their asking price, this is not a practical solution. Without an alternative strategy, the seller is forced to keep the house on the market for an extended period of time with an unrealistic asking price, hoping for the right buyer to come along. And as you know, that "Mr./Mrs. Right" might NEVER materialize!
The Seller Finance Solution
Property sellers who want to both obtain their desired price and close on the deal quickly should consider seller financing. Seller financing is a powerful tool to remedy real estate situations that otherwise look grim.
Many home and business sellers (and their real estate brokers) do not see seller financing as a viable option. In actuality, seller financing can bring new attention to the listing and invite a different group of potential buyers - thereby opening up a unique, untapped market. A large percentage of people and business owners throughout the country cannot get approved for bank funding to buy real estate because of their credit situation and/or the tightening of the credit market.
Many of these people are still in the market to buy a house, however. The "credit-challenged" are often frustrated with the limitations of apartment living or being renters; as a result, many are willing to pay a higher price just for a chance to get seller financing and improve their quality of life. A savvy property seller who recognizes this opportunity can salvage an unfavorable situation and turn it into a bonafide seller's market. By using this type of creative financing, the seller could actually end up getting more than the original asking price - without resorting to the questionable strategy of patiently waiting for the "right buyer".
Seller finance can enable homeowners to receive a favorable selling price despite bad market conditions. In addition, the real estate agent (if any) gets to close a deal and move on to other sales, while a home buyer with poor credit is able to become a home owner. It's one of those rare situations where everyone at the negotiating table gets what they want.
Paper Tigers
Many home sellers never consider seller financing because they don't understand the benefits. There are also common misconceptions that it's much too complicated to attempt to orchestrate a seller financed deal, or that there are no buyers willing to sign a private note. Once a property seller takes the time to learn about the basic process, the advantages of offering financing instead of a lower price to sell their property become very clear. Plus, a little education about seller finance will make it apparent that drafting a secured private note is actually a very straightforward process.
The bottom line is seller financing can enable a home or business owner to "have their cake and eat it too" - i.e., sell at the desired price, close the deal quickly, and even receive additional income from interest payments as well.
More Information: For more information email me at mbrenotes3@gmail.com
Saturday, December 31, 2011
The New Year - 2012
glitter-graphics.com I would like to take this moment to wish all of my friends who have been giving me such wonderful moral support for my personal and business endeavors this past year. You have all helped to give me the needed help and information that has allowed me to move forward. I have learned so much this year and will continue to make learning a large part of my time spent this coming New Year. May 2012 be filled with fun, laughter, love, health and your success in life and business. I say cheers to 2012; let's make it our year to move forward.
Tuesday, December 27, 2011
Avatar your pic - Branding
Sunday, December 25, 2011
Saturday, December 24, 2011
Merry Christmas To All
To all of my friends and family my son Jeremy and I wish you a Merry Christmas and a Happy New Year.
glitter-graphics.com
glitter-graphics.com
Wednesday, December 21, 2011
Thursday, December 8, 2011
Believe.... In Yourself
I have written a couple of articles on this very subject and this is because I see too many people going through their lives relying on others to determine their happiness and their place in life.
We hear too often from well meaning friends and relatives telling us where we should invest our time and our educational endeavors; what fields are good and what areas "aren't real jobs", and way too often we ignore our heart and gut feelings about what is truly good for ourselves.
Many take jobs that don't fulfill because of necessity and continue on because they are too afraid to be wrong or to "fail". To me, failure is only failure if we stop trying to better ourselves. We can't just go blindly into something without thought and rationality; I understand this, but, as I state in my older post "Find Your Passion", find what it is that drives you and learn what it will take to be successful and go at it whole-heartedly.
The most important concept is that you must believe in yourself or no matter how hard you try you will not succeed in your endeavors. Believe that you deserve to find happiness; that you have the ability to do what it takes to achieve your goal. Believe in yourself - this is easier said than done, it will take time, but, as you make contingent goals and achieve them; you will find more confidence.
Yes... Believe In Yourself!
We hear too often from well meaning friends and relatives telling us where we should invest our time and our educational endeavors; what fields are good and what areas "aren't real jobs", and way too often we ignore our heart and gut feelings about what is truly good for ourselves.
Many take jobs that don't fulfill because of necessity and continue on because they are too afraid to be wrong or to "fail". To me, failure is only failure if we stop trying to better ourselves. We can't just go blindly into something without thought and rationality; I understand this, but, as I state in my older post "Find Your Passion", find what it is that drives you and learn what it will take to be successful and go at it whole-heartedly.
The most important concept is that you must believe in yourself or no matter how hard you try you will not succeed in your endeavors. Believe that you deserve to find happiness; that you have the ability to do what it takes to achieve your goal. Believe in yourself - this is easier said than done, it will take time, but, as you make contingent goals and achieve them; you will find more confidence.
Yes... Believe In Yourself!
Monday, November 28, 2011
Sunday, November 27, 2011
Why Social Marketing is Better than Traditional Marketing
Craig Collins; views on Social Marketing and Traditional Marketing. He has some good points and explanations.
Friday, November 25, 2011
Web Marketing 2.0: 5 Top Proven Strategies On How To Be Successful
An article by my friend Elizabeth Horleman:
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