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Cash Flow


The Cash Flow Forum dedicated to real estate notes and the cash flow business. It's all about how to make money buying, selling, and investing in discounted cash flows, including discounted mortgages, and mobile home paper. Ask questions and participate in discussions with experts: Michael Morrongiello, David Butler and John Behle.
  • Cash Flow Articles
    Learn how to make money in discounted cash flows by reading articles by top experts.

  • Cash Flow Discussion Forum
    Ask questions and participate in discussions with David Butler and John Behle.

  • Cash Flow Books and Courses
    Enhance your education with the best books and courses available anywhere.
MorrongielloMichael T. Morrongiello is an active investor who specializes in real estate and real estate paper. He has bought, sold, or held for investment thousands of mortgages secured by all types of real estate, including residential and commercial properties, apartments, mobile home parks, and development land in every state.

Michael strongly believes in the powerful unity that generates solutions when real estate is creatively coupled with paper.

Michael shares his wealth-building concepts and techniques that work in any market in his comprehensive home study course: The Unity of Real Estate & Paper: Make the Connection


discounted cash flow expertDavid P. Butler is the owner of Hotspur Consulting Services financial brokerage and consulting firm. He is currently Vice President of Broker Relations at America's Note Network, a secondary marketplace for real estate paper and all other cash flows.

David is also a licensed mortgage and real estate broker. He has been investing in real estate and discounted cash flows since 1977.


paper expertJohn D. Behle is one of the foremost educators in discounted cash flows. His innovative strategies and techniques have shaped the paper industry.

With over two decades in the industry and an extensive background in real estate and finance, John Behle adds a wealth of knowledge and experience to his creative money-making techniques.

John holds an National Council of Exchangors Gold Card and an EMS designation. He is also listed in Who's Who In Creative Real Estate.

He is the author of several hundred articles published in national magazines and newsletters.


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