When I talk to someone for the first time about the possibility of buying their note, I usually say something like “The note business is this small niche in the real estate industry.” Most folks don’t even know this business exists. Most folks who sell a property and carry back the note don’t know this business exists, even though they just became a part of it!
Those of us who make a living in the note business feel proud to be a part of this small “niche group.” We are all independent business people, doing our own thing, and trying to do it the best way we can.
One of the ways we stay connected to our industry is by meeting other folks who do what we do and face the same challenges and problems. And a man by the name of Bill Mencarow plays a vital role in helping us sort through these problems and challenges.
For years Bill has authored The Paper Source – The News of the Note Business. This is a monthly publication Bill writes that is filled with “stuff” we need to know – ideas from practitioners in our business, new rules/regulations that affect our business, and loads of information that is vital to running a successful note business.
Once a year, Bill takes Paper Source on the road and presents The Paper Source Note Symposium. The key players in our business gather together and present/share what they are doing, how they are doing it, and essentially teach how to buy and broker seller financed notes and other cash flows. It is an invaluable opportunity for veterans and the curious to meet face to face with folks in our little niche business in a friendly, comfortable setting.
This year’s Symposium takes place April 30 – May 2 in Las Vegas. If you are curious about the note business or just want to learn more about what you already may be doing, you owe it to yourself to attend. You can call Bill at 800-542-2270, or register online at www.PaperSourceSeminars.com. It is a low key event, no-one will will ask you to buy anything, and you will learn a lot.
Check it out!
