There are some companies that claim to teach you how to make money from home from cash flow notes or business from private note holders. There is a bit of truth in all of them, but more in some than in others. Some of these companies and individuals tell you that it is easy to make money from this business and that you can do it with just 3 easy steps. The truth of the matter is, like any other legitimate opportunity, this business takes work and effort and is largely a numbers game. If you can put up with and do the amount of marketing that is needed and if you can handle the “rejection”, you will see results.
Here is a small review of some of these companies based on my own experience:
Meet Eddie Speed’s Notes
This is one of the best programs available with a leader who truly cares about your success and is truly a respected leader in the industry. Eddie has been buying notes and creating notes for over 30 years and his business practices are full of integrity. Eddie seeks to teach those who are genuinely interested in making money in the cash flow industry how to get it right and how to make it work for the long haul. He is one of the true pioneers of this industry. His program mainly looks at how to create a note that is marketable and then how to sell that note for cash. He teaches you how to work with the sale by owners and how to set things up right from the start. He is a true teacher and guru in the note industry and is a fantastic person to align with.
Cash Flow Institute -Leland von Syring
This is another show with a leader that has been around for quite some time. Leland has been teaching his students for many years how to work in the cash flow industry and presents a lot of valuable information. The material delivered in their courses and trainings will teach you techniques that, if properly and consistently, will bring you applied results in your business.
Earning in the Cashflow Business by Russ Dalbey
This program is sold as an “easy as 123” type program that anyone can do in their spare time. While the steps mentioned are basically the main steps required to run such a business, the infomercial lacks a lot of data on what is actually required. This is one of the ones that presents the best scenario and leads you to believe that it is the average result. Far from it, there are many steps between each of those 1, 2 and 3 that are not clearly explained even in advanced training. This course is primarily set up to hook you up with a small package and then sell you larger, more expensive packages. The worst part of this type of program is that the person who runs the company does not have your best interests in mind. He wants to make the most of himself and doesn’t really care if you are successful or not.
That does not mean that you cannot earn money if you apply what is taught in the material. You can make money from it, but you have to be willing to do a lot more work than just three simple steps. After all, their stuff was stolen from those who really know how to run the business. If you have this program and want to make money, it is possible, but you will have to read between the lines or find more details from someone else to make it really effective.
Again, the bottom line is that you have to put in a lot of effort and work diligently over time to develop your business. You need to adopt quality traditional marketing techniques to get the job done and then apply them over and over again. If you do your best and find as much information as possible about what needs to be done, you can really make this business work for you. The cash flow industry is good for getting involved during tough financial times. When banks don’t lend, private loans get a boost. As long as we can keep the government on the sidelines and prevent them from controlling even our private investments, we should be able to prosper for a long time in this industry.