Tips for Investment Success - Promissory Note Loan Servicing
A Practical Guide to Protecting Your Promissory Note InvestmentWriting a check to invest in a promissory note begins the investing process that will provide you with future income and possibly capital gains. After your check is cashed, numerous administrative functions are necessary, on an on-going basis, to protect your investment and maximize its profitability.
How Does A Promissory Note Work?
There is no such thing as "smart money" - only smart people - the money goes where they go.Planning - A General OverviewBecoming successful in any activity that requires education and training will also require planning. Without a financial plan - a road map - that shows you where you are now and where you intend to go, it is doubtful that you will have a successful journey.
What is a Promissory Note and Why Do You Need One?
OpportunitiesToday's difficult banking and financial environment has caused some problems and created some opportunities. The option to lend money within a family is one area that should now be considered. Intra-family lending has advantages; the advantages should be considered from two distinct perspectives-1) a purely economic view; and 2) a taxation point of view.