Real Estate Articles

Articles about Real Estate Brokerages, Real Estate Investments, and Real Estate Markets.

Real Estate Articles

Cash Flow Note Business Success – The Lone Wolf

Apr. 7th, 2009
in Real Estate
by Dean Engle

Bookmark and Share

Subscribe

by Dean Engle

The Cash Flow Note Business, An Insight

Heather, a friend of mine, flew in for her 40th birthday the other weekend.

We just spent four hours catching up over expensive white tea and salmon salad at the Samovar Tea Lounge near our house.

It was blissful.

But what made an impression on me was what she shared with me about one project she’s working on.

I instantly thought about how her story related to my cash flow note business. Simply because not only did the story have a direct impact on your life but it also impacted the way you interacted with other people in your community.

The Cash Flow Note Business and its Relation to Heather

Heather is a very talented artist, and in her line of work she tell storeies though different types of media. This is very different from my speciality for buying notes.

Her current project involves a Native American woman from Washington. She is a member of the Sakgit Indians, and Heather has been documenting the life and wisdom of this woman.

The wise woman was considered a community builder within her tribe. And during a pre 9/11 interview, this woman told Heather that people were empty. They were no longer fulfilled.

This when Heather brought up the Hopi poem about the Lone Wolf.

I just read it, and it struck me that I needed to share this with you to point out how it can serve as wisdom to all of us, especially for those of you starting a new cash flow note business, a new venture explored, and striking out on your own.

Words of Wisdom, Gaining Success in the Cash Flow Note Business

Let me share the poem with you ..

“There is a river flowing now very fast. It is so great and swift that there are those who will be afraid. They will try to hold on to the shore. They will feel they are torn apart and will suffer greatly. Know the river has its destination. The elders say we must let go of the shore, push off into the middle of the river, keep our eyes open, and our heads above water. And I say, see who is in there with you and celebrate. At this time in history, we are to take nothing personally, Least of all ourselves. For the moment that we do, our spiritual growth and journey comes to a halt. The time for the lone wolf is over. Gather yourselves! Banish the word struggle from you attitude and your vocabulary. All that we do now must be done in a sacred manner and in celebration. The poem ends with the words: “We are the ones we’ve been waiting for.”

The Poem’s Relation to the Cash Flow Note Business?

Here’s how this applies to you directly in your (and my) Note Buying Business.

a) Your new world of investing in non performing notes is like the river flowing very fast.

b) The less adventureous will “hold onto the shore” while you you push forward.

c) If you flow with the river, and trust it, you will reach your destination. (same goes for notes when figuring out the multiple exit strategies in your defaulted mortgage business)

d) The time for the lone wolf is over, think of it this way, if you want to really succeed in your cash flow note business; you need to reach out to people, whether those be bankers, investors, real estate agents, or title officers.

e) Don’t ever think about this as a “struggle” – this is you learning how to swim in a river that moves faster than you’re used to – but once you learn how to float (in regards to the cash flow note business – you learn the lingo, you learn what a trade looks like, you study the process and you eventually close your first deal), you learn to let the river carry you along.

A Tip on Your Cash Flow Note Business

The important lesson learned? “We are the ones we’ve been waiting for.”

Whatever you need to do….write it down, tape it to your wall, print it and put it on your bedside table. Your new Non Performing Note Business has a new motto.

You can do anything you put your mind to. There is no one else you need to wait for.

Me, meet Me. That is your conversation.

Don’t underestimate how powerful this simple little realization can be.

As Heather put it to me earlier tonight, she said: “the most powerfully creative moments for an artist are when we get out of our way, and just let our creative energy flow.”

Remember – you’re the one you’ve been waiting for.

Get out of that river now and make use of all the other wolves out there.

About the Author:
Bookmark and Share     Subscribe