Want to find out more about the cash flow business? Check out Russ' recent interview on the basics of this amazing industry right here! Simply click below to listen to the Podcast, and discover for yourself exactly why Russ calls this “The Greatest Business In The World”.
The most successful finders in the cash flow note business are those who use networking to their utmost advantage. That means that they’ve established connections with any professionals who may know of or come across note holders in their day-to-day business, like real estate agents, title agents, escrow officers, land developers, tax attorneys, CPAs, or mobile home retailers and managers. By making sure that as many professionals as possible are aware of their note finding service, they are sure to be referred more deals than those who haven’t taken the time to extend their feelers to others in related industries.
Don’t assume that everyone knows that you are looking for referrals. Some people think that offering your contact information to someone who has a secured cash flow note might constitute a breach of your privacy. However, this is what you need to do if you are looking to make a lucrative income as a note finder. You need everyone on your team and putting out the word! Don’t be shy about asking for referrals. Explain that referrals are the lifeblood of your cash flow note business, and that you are always glad to return the favor by referring customers that are looking for services outside of your range of expertise to others.
Don’t let anyone get the mistaken idea that he or she must get your permission to give out your contact information for note deal referrals! After a completed deal, always make it a point to re-contact all parties involved and let them know that they are welcome to give out your name and phone number to people who need to sell their notes. By making sure that your cash flow note business is in the front of every local professional’s mind, you’ll build your reputation as the go to person for getting fast cash for secured private mortgages. Get started on the cash flow note business at NoteNetwork.com.