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What A Conference!!

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, R.I.P.

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.

First National Acceptance Company announces the purchases of 52 notes with balances over $2.7 Million

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. 

 

The 3 minute video you will never see on the drive-by media

How You Find A Good Accountant

How do you recognize a good accountant? Green eyeshade? Pale pasty complexion? Speaks in numbers instead of words? No, no and no. My friend John Groom, CPA has just written a  terrific, plain-English book called How To Find A Kick-A$$ Accountant.  Read some pages free and order it at snipurl.com/GroomBook

I’ve known and learned from John for over a decade. He is a  personal accountant and adviser to many successful investors and entrepreneurs. He also invests in notes and real estate, races cars and motorcycles, does MMA cage fighting, taught martial arts and works as a cop (he says, “where else can you drive fast, carry a gun, get into fights and not  get in trouble?”). Needless to say, “Low-T” is not in his vocabulary.

John speaks both languages — accounting and real-life. He’s one of a kind, the best of the  best, and he’s just agreed to teach at the Paper Source Note Symposium next month! His topics are: “Using Notes to Defer Income Taxes; Importance of Speed When Closing Notes (the OODA loop); How Note Investors Can Deduct More Expenses Than They Think… And Much More!” and he wants to answer all the questions you have, so  come prepared!  Register at www.PaperSourceSeminars.com You’ll also be able to listen to audios of our recent teleseminars there.

John Groom's website is www.AskJohnGroom.com.

If you’re not receiving notices of our free teleseminars, email me:   wjm@PaperSourceOnline.com