How To Answer Cash Flow Note Holders’ Favorite Questions

by W. J. Mencarow, editor of THE PAPER SOURCE JOURNAL “I saw your ad. What do you mean you buy cash flow notes (or mortgages, structured settlements, etc.)?” Your best strategy is to ignore the question and ask one of your own: “Are you receiving payments on a mortgage now?” (Or structured settlement or whatever …

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SAFE Act: Meeting With A State Regulator Who Should Be Cloned

This evening Alison and I attended a meeting with Doug Foster, the head of the agency that enforces the SAFE Act in Texas. Veteran real estate and note investor (and long-time PAPER SOURCE JOURNAL subscriber) Tom Henderson also spoke at the meeting, spiritedly representing sellers who carry back notes. Most of what Mr. Foster said …

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Using Private Investors To Fund Your Cash Flow Note Business, Pt. I

BY TOBIAS PRESTON “You can shear a sheep every year but you can only skin it once.” M. S. Garrison, Utah real estate investor “He who has the gold makes the rules.” Unknown Part One of a Two Part Series-Overview of Private Investors. I’m Tobias (Toby) Preston, President of McKinley Mortgage (MMC) www.mckinleymortgage.com and the …

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Brokers at the Crossroad: The Return of the Private Investor

by John W. Moren The seller-financed mortgage industry (a.k.a. the cash flow business) is again at a crossroad. Twenty years ago the business was a cottage industry dominated by broker-investors with real estate backgrounds working from home offices. John Behle (jbehle@papergame.com) taught how to run a profitable mortgage business using private investor money. A few years …

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Sherman Skolnick

I just found Sherman Skolnick’s website.  I became friends with him when I did a radio show in Chicago in the 70s.  Sherman was one of my most frequent guests. He spent all of his time digging up truths that politicians wanted to keep buried. He’d then do everything he could to publicize his findings. …

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