For those of you who are students of my Winning in the Cash Flow Business program, I’d like to address a few basic concepts that many beginners often ask about. Sometimes there’s a little confusion about what is needed to become a profitable note entrepreneur… and some individuals make it more complicated than it really is. It’s really very simple! Read on and see.
What it’s all about
In the fifteen years that I’ve been teaching about the note business, many things have changed. But the heart of “Winning in the Cash Flow Business” has always remained the same: recognizing the value of information about secured real estate cash flows, and bringing this information to those who will gladly pay you for what you know!
Once you know WHAT information is valuable, and HOW to locate this knowledge (it’s all around you, and available for free), you can earn a fee for getting it to the right party.
It is important to remember that none of a note finder’s activities involve acting on behalf of others. Don’t make the mistake of thinking that cash flow specialists represent other people or act on their “client’s behalf.”
As a private note specialist, this is what you do:
• Find individuals who need help getting cash from their notes
• Gather meaningful information and check it for accuracy
• Present that information to interested parties
• Earn profits for the above services
Just find the deals, process the information, and put it out to the right people. That’s all you do to earn great profits! And there’s no need to use any of your own money to invest in real estate or fix up property.
What’s in a name?
Many beginners in the note business get hung up on what their title should be:
“What do I call myself… and how do I describe what I do?”
Just say, “I help people get a lump sum of cash now for their future payments; are you receiving any future payments?” That’s as simple and accurate as you can get.
I recommend you never use the words “agent,” “broker” or “representative” because that’s not what you do. You just provide information, and let people decide for themselves what to do with it.
The bottom line
Don’t try to reinvent the wheel and make things harder than they need to be. Follow the lead of those who came before you – this is a MUCH easier path to success than striking it out blindly on your own. Having a qualified coach has always been a key ingredient to my success as both a professional athlete and in business.
When you work with people who know what works and follow their suggestions, you won’t waste time making mistakes and you'll make more money instead. This is exactly why I created the Dalbey Education Institute – to help people to create their own financial success.
If you want proven, step-by-step instruction that will guide you towards generating short-term AND sustainable long-term income, there’s no better way than utilizing the continuing education courses that my Institute offers.
For more information about how YOU can get the ultimate advantage to “Winning in the Cash Flow Business,” click here.
Best wishes with your note business!
Founder of Winning in the Cash Flow Business
Dalbey Education Institute