|
Open More Cash Flow Doors And Boost Your Bottom Line
Roberta M. Standen
Our company, Note Servicing
Center Inc., was created 22 years ago to support the cash flow industry by
servicing all types of cash flows - regardless of how "over the top" they may
be. We have grown with the Cash Flow Industry by servicing anything having a
periodic payment regardless of the payment complexity or uniqueness of
investment vehicle.
One of the most satisfying
aspects of our business is that as licensed real estate "threshold" broker, the
company is qualified to service fractionated (multi-investor) notes making it
possible for even the new cash flow consultant to flex part or all of their
profit into a partial interest in a note without having to comply with the
reporting requirement. This keeps the new consultant from having their nose
pressed against the window watching real wealth pass them by.
The real estate community
relies upon the Note Servicing Center, setting them free to exercise creativity
in structuring even the most non-traditional financing, knowing the Note
Servicing Center can handle the collection, disbursement, year end accounting,
IRS reporting and escrowing taxes and insurance, no matter how weird the note.
So, here we are again
supporting a NEW KIND OF CASH FLOW. "The Land Trust". Although not new to many
of us, investors and real estate entrepreneurs alike are jumping on the
bandwagon joining forces to fill a need for struggling homeowners who have
fallen victim to credit cards, have boarded adjustable rate mortgages or own
over encumbered property. The "land trust" is a method of real estate ownership
whereby a trustee holds legal title to real estate, while the trust's
beneficiary (s) are anonymous but have complete control over it's management.
Typically the investor becomes
the Investor Beneficiary, the Real Estate entrepreneur (facilitator) and
sometimes investor, puts the land trust together and the seller of the real
estate (former owner) is the Settlor or Resident Beneficiary. In the Land Trust
an investor can acquire or dispose of real estate ownership without the
necessity of new financing, down payment or triggering the dreaded "due on sale"
clause.
Just imagine the possibilities!!! What
a boost to your bottom Line
To support the entrepreneurial
community, So, once again the owners of the Note Servicing Center stepped up to
the plate. In 2000 Equity Holding Corporation, a Non-Profit Mutual Benefit
Corporation was formed to solely engage in the holding of titles in land trusts.
Fully staffed and functioning as a Corporate Trustee the firm represents the
"members" (beneficiaries) of the land trust and not the stockholders. Equity
Management Service also was created to function as a collection and bill paying
service for the beneficiaries of the trust at no charge to the Trustee.
For more information on land trust go to:
www.landtrust.net or
www.equityholding.org
Tom Standen, MDC, DCFS,
President of Equity Holding Corporation is a speaker at the 2006 Cash Flow
Convention on the subject "The Investment De Jour - the Land Trust".
COPYRIGHT 2002, 2006
by Thomas Standen Sr. - ALL RIGHTS RESERVED
This article cannot be reprinted without the
express permission of the Author – 11-06
|