Every lesson is free to read. Start with Note Basics if you are new, then work through the topics in order, or jump straight to the one you need. Need numbers fast? Try the note calculator.
Lessons
Every lesson, organised into ten topics. Start with Note Basics or jump to what you need.
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01
Note Basics
What a real estate note is, how it works and the words you need to know, explained in plain English.
23 lessons → -
02
Running a Note Brokerage
How to set up and run a note brokerage as a real business, one deal at a time.
28 lessons → -
03
Finding Notes & Marketing
Where notes come from and how to reach the people who hold them: letters, referrals, lenders and the web.
18 lessons → -
04
Pricing, Discounts & Negotiation
How notes are priced, why sellers take a discount and how to negotiate a deal that works for everyone.
19 lessons → -
05
Due Diligence & Evaluating Notes
How investors judge a note: the payor, the property, the paperwork and the numbers.
15 lessons → -
06
Closing & Note Packages
Preparing a note package that gets funded and closing the deal cleanly.
16 lessons → -
07
Seller Financing & Deal Structuring
Seller financing, partials, balloons and other ways to structure a deal.
9 lessons → -
08
Niche Cash Flows
Beyond mortgages: business notes, mobile homes, structured settlements, land and other paper.
30 lessons → -
09
Legal, Compliance & Risk
Usury, securities rules, fraud, recourse and collections: the risks every broker should understand.
19 lessons → -
10
Retirement Accounts & Wealth Building
Holding notes in self-directed IRAs and using cash flow to build long-term wealth.
13 lessons →
