Paper Source Journal, one of the most traditional and respected publications related to note investments, is holding a Non-Performing Notes Conference from November 20th to November 22rd 2014. This event is attracting note investors from all over the United States as non-performing notes are being seen as the after-wave of foreclosures. Banks are now giving preference to disposing non-performing notes instead of foreclosing properties, which opens up some very interesting opportunities for individual investors.
During this event, note investors will have the opportunity to learn about the benefits that a professional system can bring to their day-to-day operations. Investing in notes can be a very lucrative business, but it requires a good amount of discipline and consistency to excel.
ReiOps (http://www.reiops.com), one of the most comprehensive software systems for real estate and note investors, will be showcased during this event, allowing note investors to have a first-hand look at the newly-added features specialized for the note business.
ReiOps integrates very powerful analytical capabilities required to evaluate the financial and risk aspects of a given investment, with business management features that help investors streamline their business with scripting, automation, and task management, resulting in reduced time consumption and increased agility.
One of the most important aspects of the Note Buying Business is the correct evaluation of the purchase price, taking into consideration the different potential outcomes like will the borrower honor the payments, will it be necessary to foreclose the property, what’s the real value of the property backing the note, etc. - all of which can be handled using ReiOps.
ReiOps allows investors to evaluate the appropriate purchase price taking into account the desired yield, acceptable ITV, effect of a potential foreclosure, and some additional conditions or situations like performing or non-performing notes and first or second position notes. ReiOps also allows investors to easily simulate partials both when buying or selling.
Another fundamental piece of the note business is evaluating with reasonable precision the fair market value of the property that guarantees the note. Again, ReiOps fully covers these needs. By being a system that targets both the real estate and the note investor, ReiOps includes a wide range of features that allows investors to evaluate the market value of a real estate property for single family residences, commercial, and multi-family properties.
Although the analytical aspects described above are fundamental for a successful investor, we can’t underestimate the importance of the management aspects of the business. Any business requires a reasonable level of discipline and automation to be successful. This is why ReiOps incorporates some key business management capabilities like scripting, automation, work flow, task management, time management, and labor logging.
The unique vision of ReiOps is integration and automation allied with powerful analysis tools. By covering all these aspects in a single and integrated system, ReiOps puts in the hands of investors all the capabilities they need to reach a high level of success, allowing them to make decisions with confidence, reducing risk, increasing returns, and most importantly, all with significant time savings.
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For additional information about ReiOps, please visit http://www.reiops.com.
For additional information about Paper Source Journal please visit http://papersourceonline.com
For additional information about the Non-Performing Notes Conference please visit http://papersourceseminars.com/non-performing-notes-seminar-2014/
Company: ReiOps
Contact: Ricardo Burman
Website: http://www.reiops.com
Address: 3020 Issaquah Pine Lake Rd. #331, Sammamish, WA 98074
Email: [email protected]
Phone: 206-486-5172
Fax: 425-292-7887