We’re back in the office after a whirlwind few days at THE PAPER SOURCE NOTE SYMPOSIUM:  CA$H FLOW PROFITS in Las Vegas.  The last time we held a seminar, in 2011, we had 40 people.  This time we hoped to double that.  We ended up with 200-something.  And we did very little advertising outside of our own mailing list.

The room was filled to capacity from 7:30 a.m. to 6:30 p.m., Granoff Enterprises provided coffee, Brownstone Mortgage sponsored continental breakfast, Amerifunds Diversified Funding and Investors Financial provided wonderful white tablecloth luncheons served by waitstaff, and we had informal get-togethers into the evenings.   The networking, meeting the dozen national note investment firms that exhibited, a self-directed IRA administrator that allows notes (iPlan Group),  seeing old friends and making new ones, creating business deals…the energy was infectious!

In addition, this event had more private note investors than any other we have organized (about 100 over the years).  That’s a good sign that the industry is maturing: the beginners of a few years ago are now becoming investors for their own accounts.

I hope that this unexpected turnout is indicative of a great turnaround for the cash flow note industry.  I’ll have more to say about that in the May PAPER SOURCE JOURNAL.

We’ve put on over 100 seminars and have never had post-seminar written surveys that were 100% positive.  They are usually 90%+ positive but you always have some complaints, some of which are legitimate and you try to fix for the next one.  This time — 100% positive reviews, not a single complaint; rather, tons of over-the-top praises such as “best seminar I’ve ever attended,” “unbelievable learning and networking,” “first class all the way,” and even “this has changed my life!”  We’re just glad people felt they got far more than they expected.   Our stated goal was that the participants would leave saying, “That was the best seminar investment I’ve ever made.”

If you were there, thank you again for helping to make this such a great success, and we look forward to being with you next year.  

SAVE THE DATE!  April 24-26, 2014, Las Vegas.  Details will be posted at www.PaperSourceSeminars.com when available.

Here are a few photos of the Symposium:

Jack Krupey of Gemini Capital Managers teaches Turning Non-Performing Notes Into Cash Cows:

Will Henning, First National Acceptance Co., What I Learned From 12,380 Quotes In 2012:

Randy Story, President of Amerifunds Diversified Funding, speaking at the luncheon they sponsored.
In the right foreground are Alex Nackoul and Henry Villasenor of Brownstone Mortgage Co.:

Lonnie Scruggs passed away this morning (4/15).

He was our dear friend, mentor and business partner.

Countless men and women are wealthy today because of Lonnie’s selfless teachings. 

If you would like to send a note to Joanne:

Joanne Scruggs
1236 Smokey Mountain Trail
Chesapeake  VA  23320 

Memorials in Lonnie’s name may be made to the Wounded Warriors Project:  http://snipurl.com/26vl5gr

Here is the obituary:  http://www.hollomon-brown.com/obituary/Lonnie-A.-Scruggs/Chesapeake-VA/1199102#obit-memories

The 2013 Paper Source Note Symposium April 26-27 is dedicated to Lonnie.

http://www.fnacusa.com/brokers/recentclosings/

Meet the First National team and learn from Will Henning, who will teach “What I Learned From 12,380 Quotes in 2012″ at THE PAPER SOURCE NOTE SYMPOSIUM:  CA$H FLOW PROFITS! April 26-27 in Las Vegas.  See www.PaperSourceSeminars.com for info and to register.