If I told you you could make a 1/4 million dollars in your first year brokering notes and liquidating bank assets would you believe me?
How about if I told you that you could earn that money in your first 6 months of brokering notes – would you believe that?
In today’s podcast I chat with a Distressed Pro member who tells me his story of how he went from a cold start in September to $82,500 in the bank in February with another $160,000 in the pipeline under contract to close in Q1.
Look… there are a lot of pie in the sky sales pitches out there in the real estate space and most of them are pure crap.
And I’ve got a secret to tell you, or maybe it’s not a secret, here it is: most people looking to ‘make money in real estate’ will make NOTHING… ZERO.
Laziness, procrastination, FEAR, lethargy… shall I go on?
How Much You Earn as a Note Broker is Entirely Dependent On You
Many note brokers earn 6 and even 7 figures per year. While many more aspiring note brokers earn nothing at all. The difference? Effort, skills, and tools.
There is no free lunch.
You may have noticed I’ve never made a single income claim on this site, I don’t show you my checks, 1099s, K-1s or anything else. The reason I don’t do this is because I’ve never seen my role as “selling the dream”, the fact is I’d probably make a lot more money if I did… but then I’m the one who has to look at this face in the mirror every day…
No, ladies and gents, at distressedpro.com I’m selling picks, shovels, axes… and oh yeah WORK. Because – guess what – if someone is telling you you’re going to make a truck load of money pushing a button they’re full of sh*t.
Who in their right mind is going to sell you that button?
The fact is there is a TON of money to be made in this business. But I’m here to tell you there’s no button to press… there’s just work… and skills… and tools.
Enter Paul Marshall.
Here’s a guy who had been out there making it happen for a couple of decades and then… like a lot of us… he took a beating in the downturn.
But Paul’s not like most people…
No, Paul’s got stones, and discipline, and he invested in himself and he did the WORK necessary to make happen the story that you’re about to hear.
And now I have the pleasure of presenting to you my favorite success story (thus far) in the history of Distressed Pro.
And when you use our tools and develop your skills and put in the work I hope that you’ll call me and we can have your success chat.
Yes, this is an older interview but the way this business works has not changed and arguably, since Covid-19, the opportunity is even greater.
Want to start earning commissions and fees as a note broker?
The first and most important task of a note broker is to FIND DEALS. Distressed Pro’s BankProspector and training is geared almost entirely to help making you an expert at finding deals. Jump on our free weekly training to learn how it all works.