How many “bad debt accounts” do you have? How many of these do you expect to ever finally collect? Actually, the reason most “bad debts” are never collected is because the holder of the bad debt eventually forgets about them because of the collection effort, or else simply writes them off as another income tax …
by Lorelei Stevens As a buyer of seller financed notes, you should have each transaction examined by a qualified attorney. But who is qualified? When you look for a lawyer to give counsel on your note deals, the best rule to follow is: Choose an attorney that buys notes with their own money. I am …
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. …
“I would like to know where I can get a mailing list of of owner-held notes.” I am asked this question frequently. Mailing solicitations to note holders offering to buy their notes is not a marketing method I recommend to everyone. It is very labor-intensive and expensive. If you don’t know much about direct mail, …
12 Questions To Ask Before You Rent A Mailing List Of Note Holders Read More »
This is something you won’t see on CNN very often, if ever again. I suspect Jack Cafferty will soon get the Lou Dobbs treatment (tossed out the door). Anything to the right of Stalin isn’t PC at CNN: http://www.youtube.com/watch_popup?v=A6_xgKWzhRw
(Kitty Werthmann is a real person. Just Google her for other works.) Kitty Werthmann told a powerful story about what it was like growing up under Hitler: What I am about to tell you is something you’ve probably never heard or will ever read in history books. I believe that I am an eyewitness to …
Those Who Ignore The Lessons Of History Are Doomed To Repeat Them Read More »
Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good …
This is why even low yield notes are a far superior investment than the stock market: Wall Street Journal, JANUARY 16, 2010 Why Many Investors Keep Fooling Themselves by Jason Zweig What are we smoking, and when will we stop? A nationwide survey last year found that investors expect the U.S. stock market to return …
By Major General Smedley Darlington Butler, USMC, two-time Medal Of Honor winner, at his death the most decorated Marine in U.S. history: War is just a racket. A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small inside group knows what it …
I received this email from Eddie Speed on Thursday, Jan. 14: I’ve got some sad news. Our friend Laurie Ward’s husband Jeff passed away. His death was unexpected. Jeff had just celebrated his 60th birthday and Laurie and Jeff had just recently celebrated their 35th wedding anniversary. He was in an acute care facility hospital …
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