Up here in the foothills of the Mother Lode Country just east of the Central San Joaquin Valley in Northern California where the Corporate Office of North American Loan Servicing is located, people have been mining for gold since the Gold Rush over 150 [...]
There’s nothing quite like a New Year – a clean page, a new leaf, a fresh start, another chance. The New Year is the logical time to identify and set new goals. No, I am not referring to resolutions made and broken by mid-February [...]
Notes don’t have problems. As I used to tell the Real Estate Agents when I owned and operated a Real Estate Company, “Real Estate doesn’t have problems” it just sits there as an inanimate object. It’s the people, the owners who have the problem(s). [...]
The Socio-cultural myth continues to be with us even today. If you don’t punch the clock at 8:00 and leave at 5:00, have benefits, and a retirement plan, you are not a success. Those of us who have chosen to leave the “real job” [...]
Ever since my Retirement Article appeared in an issue of the Cash Flow Journal our E-mail has been jammed and phone ringing from folks who, for one reason or another had “checked out” from the Cash Flow, Finance or Real Estate business. Most figured [...]
The Global Positioning System (GPS) is a satellite-based navigation system that works in any weather conditions, anywhere in the world, 24 hours a day. There are no subscription fees or setup charges to use GPS. The receiver can determine the user’s position and record [...]
What is a stepped payment note? It is a note in which the regular payment (usually monthly) increases annually by a fixed percentage or dollar amount. The rate of interest on the note remains the same. The result is a shorter amortization period. Let’s [...]
For real estate agents, business brokers, and mobile home dealers and brokers, seller-carryback financing can make the difference between a “sold” or an “expired” listing. This is particularly so in certain economic cycles. True open-market financing and the rise of the subprime lending industry [...]
Note Brokers and note buyers buy notes, mortgages and other types of cash flows for a lump sum of cash. Because cash now is worth more than a series of small payments, the note broker will buy that cash flow for a discount from [...]
In 1939, Bill Hewlett and Dave Packard started a business with a single product: a Resistance Capacity Audio Oscillator. At that time, Bill and Dave were responsible for every aspect of their business: they invented and built the products, priced and packaged them and [...]
