Notehodler leads are public records that will provide you the basic details of a private trust deed note that has been create through the sale of real property. This information will allow you to know who has created such a note through a private sale. With this data you can then begin a marketing process to contact these note holders and find those who are interested in selling part or all of their note for cash.
The cashflow industry is a great opportunity for many to make money. it is important if you are planning on working the cashflow note business that you understand what it really takes and hwo to do it effectively. It is important that you understand and accept that not every person who has a created a note wants to sell it. It is a great
investment after all. So you must learn to opperate in a professional and consistent manner in order to find those who will want to sell and to be there when they are ready to sell.
The first step is to find the individuals to talk to. Maybe they have created a note in the past in which case their information has been recorded and is available as public record. You can find this data yourself or you can pay a service who has done the work of gathering the data for you. Once you have the private note data you must begin to market your business effectively to let these noteholders know you exist. For many of them you may need to present yourself multiple times.
It is also important to remember that you need to be prepared for a long term marketing campaign. Anytime you work with a direct marketing approach you are working a numbers game. If you get enough marketing pieces out there to the right people you will begin to see success. It is vital that you make contact to thousands of contacts. Your response rate may often be 1% or less to your marketing piece.
Source by Mike Wood