We can all benefit from success stories of real estate investors who have strove to reach their goals in the industry. In this episode, Scott Carson talks with long-time note investor, friend, and student Desi Arnaz about his note business. Desi is a professional investor and Co-Founder of the ACI Legacy Group with over 40 years of experience in the real estate world. He shares his focus on performing and non-performing notes and how video has helped him to market for deals and private investors...
Jul 08, 2019•46 min
We know that you can benefit from identifying your goals and writing them down. In this episode, Scott Carson shares the importance of not only setting your goals, but also sharing your goals to your network. Sharing your goals not only to the people closest to you but also to the people outside of your circle helps you accomplish those goals faster. Scott also shares the importance of making a pivot in your life when we’re faced with struggles. Sometimes changing things up will help us accompli...
Jul 08, 2019•24 min
Our parents are our best teachers in life. In this episode, Scott Carson breaks down some of the most important lessons he learned from his father that have impacted him as a man and as an entrepreneur. His father has taught several lessons along the way that have molded him and shaped his business ideas, tactics, and helped him become the person that he is today. Learn what these lessons and so much more as Scott goes down his memory lane. Love the show? Subscribe, rate, review, and share! Here...
Jul 07, 2019•32 min
Getting started in notes and Immersing yourself in the note investing space can be tricky because you have to figure out a lot of terminologies and other details. Get your education on as host Scott Carson breaks down some of the things that you can do on a part-time basis as a new note investor with ten to fifteen hours per week. Books, magazines and the like can help you with your notes investment, and Scott presents some titles and even videos that you can read and watch. Further highlighting...
Jul 07, 2019•52 min
At any one point in our business, we sometimes have the need to look into commercial lending to help fund major capital expenditures or cover operational costs. Commercial real estate and financing expert John Matheson joins host Scott Carson to talk about the best ways to get approved for bank financing on commercial projects. John has a lot of investment experience and has helped finance over $50 million in projects. He has a loan-analyzing software called Commercial Loan Success system and a ...
Jul 06, 2019•48 min
Burnout has become a problem for everyone, especially for entrepreneurs and business owners who travel a lot. It is the last stop after a prolonged state of excessive stress that drains our energy until we are left with no capacity to cope. In this episode, host Scott Carson talks with Aaron Young from Laughlin and Associates about the need to recharge your batteries as an entrepreneur to make sure that you avoid burnout. Love the show? Subscribe, rate, review, and share! Here’s How » Join the N...
Jul 05, 2019•47 min
Anyone who is dealing with self-directed employer plans needs the help of an IRA specialist to make transactions smoother and faster. Certified IRA Specialist Rebecca Miller from Quest Trust Company explains the different self-directed plans available to employers. Noting the importance of having someone do the custodial work and bookkeeping of your 401(k), she shares about her company’s role in helping you set up your 401(k) plan. Rebecca also discusses the pros and cons of SEP and simple IRAs ...
Jul 05, 2019•45 min
Heading straight to your doors to help you grow your credit are Founder and CEO of Credit Sense, Merrill Chandler, and his right hand, Jessica Guisinger. Stopping here at the Note Closers Show, Merrill and Jessica talk with host Scott Carson about their current road trip and boot camps that aim to help people optimize their credit profiles. They take us back from the beginning down to the different spots and events they hit – from Quest, to Mr. Texas Real Estate and Robert Orfino, and more. Also...
Jul 05, 2019•46 min
When life gets good and we start earning a lot of money, it can become easy for things to fall apart when you do not have the proper knowledge and systems in place to protect them. In this insightful episode, we dip ourselves into the knowledge of two amazing people who are dropping some nuggets of information for us. Host Scott Carson talks with Rachel Marshall and Bruce Wehner from The Money Advantage Podcast about some of the mistakes business owners make when it comes to planning for the lon...
Jul 03, 2019•50 min
In this male-dominated industry, it is often very difficult for women to be heard and acknowledged despite being successful. Doing just that, real estate and note investor Nancy Wallace-Laabs shares her new book, Winning Deals in Heels, that puts to light the stories of the top women real estate investors who have overcome obstacles and achieved success. Letting us in on the writing process, Nancy reveals some of the surprising things she learned from the powerful ladies featured in each chapter...
Jul 02, 2019•50 min
The common age for investors to show up in the investing scene is usually at their middle age or later. From there, they would have to still wait before their efforts come to fruition. Instant gratification in investing does not happen. If it takes a lot longer before you reap anything, then why not start younger? Scott Carson talks with Derreck Long from Quest Trust Company about how the next generation can build long-term wealth by using a self-directed IRA. As Derreck takes us into his journe...
Jul 02, 2019•56 min
Host Scott Carson talks with friend and real estate entrepreneur, Jason Bible, also known as Mr. Texas Real Estate, about making a 90-degree turn in his real estate business and career and where the end game lies for most investors. Jason shares how he and his business partner cracked the code on Airbnb and are starting to get into it some more. Bringing to light what he is calling as the Harvey 2.0, Jason then talks about the Houston market change and the impact of Hurricane Harvey on the highe...
Jul 01, 2019•53 min
The real estate note business is so tempting these days for so many promising reasons. Wylea Griggs, note buyer, and owner of Eleesee Solutions, LLC, talks about her note business, her goals, and her passion for helping people. She shares how she got into the note business and what lured her to enter it. Setting goals is essential in any business or in life generally. For Wylea, becoming a full-time note investor meant focusing on your note investing goals as you start off with a few notes and t...
Jun 30, 2019•22 min
Transitioning from one job to a totally different profession is not easy, especially when you shift from being a mechanical design engineer in the aerospace industry to a real estate investor. Note mastermind member and full-time note investor Dan Deppen tells us about his journey as a note investor and how he was able to leave his full-time career to explore note investing. Initially working deals at home with the help of an assistant, Dan eventually developed his very own ROI calculator and st...
Jun 30, 2019•33 min
We all come to note investing for different reasons. For Liza Banaag, also known as the Note MD, it was a life-threatening curveball that made her realize how she was one event away from bankruptcy. From there, she started her journey of creating passive income out of real estate – from doing fix and flips to buying and selling. In this episode, Scott Carson talks to this note mastermind member and a former medical doctor about her journey as a note investor, going deeper into what attracted her...
Jun 29, 2019•21 min
In this day and age, you got to be wiser because change is inevitable, and so is the market. Sometimes what you were ignorant about before can be the only path to success that you can take. Scott Carson interviews Note Mastermind member Eric Ham about his note business and why he’s going full-time so soon. After leaving his job in the IT industry, Eric transitioned to closing performing and non-performing notes. As big a leap as it is, Eric gives us his take on why it was definitely worth the ri...
Jun 23, 2019•23 min
Notes in real estate have become very lucrative these days and some entrepreneurs are making their mark with it. Scott Carson interviews Phil and Melanie Jacob about their note business and what advice they would give to new note investors. Phil and Melanie are the owners of the Phil Jacob and Associates, LLC. They talk about how they started their note business, what services they offer to clients, and what their long-term goals are. Non-performing notes are their bread and butter, but they als...
Jun 23, 2019•28 min
If you want to go fast, go alone, but if you want to go far, go together. Scott Van Kampen and Dennis Doherty from Second Chance Property Investments touch on the advantages of working in teams in the real estate and note industry. Find out how to make your marketing help raise capital and mitigate the risks in buying deals outside of your market. Moreover, discover the most significant factors that people need to look at when closing deals in Michigan or Detroit and the secret sauce to making a...
Jun 19, 2019•22 min
There are massive opportunities to thrive in the real estate arena. One of the best ways would be investing in notes. Scott interviews Note Mastermind member Michael Slawin of Notes Connect, LLC, about his real estate background and why he is focused solely on note investing. Find out how Michael gained mastery in the field and the kinds of real estate investments he’s focused on. Also, learn what attracted him to venture in note investing and why it is challenging yet rewarding. On top of that,...
Jun 17, 2019•25 min
Buying and selling real estate can be quite fun when done correctly and when profits start pouring in. Land investing can also be a tricky trade but understanding its ins and outs can make it less complicated. Scott talks with Jill DeWit and Steven Butala from Land Academy about finding, buying, marketing, and flipping land deals. The couple talks about some other ways in making great land investments, including how to get an asset manager’s list. They emphasize that their business is the one th...
May 31, 2019•46 min
One entrepreneur’s success can be everybody’s success. Buddies Scott and George Antone from Fynanc spends time catching up and discussing about what drives them as entrepreneurs and their biggest fears in life. Antone talks about a software he is creating that will revolutionize investing in a whole different way. He also shares the biggest lessons he has learned from his students, including his failures and missteps from his successes. In the end, learning exactly what you are talking about is ...
May 30, 2019•41 min
Anyone in real estate must understand the great benefits the IRC Section 1031 has to offer which allows investors to sell a property and to reinvest proceeds to a new property while deferring all capital gain. Scott talks with 1031 Exchange expert, Dave Foster, on some of the ways you can use this process to help you invest in real estate and notes. Dave says anybody can do a 1031 just as long as the process and principles to using it are intricately understood. Love the show? Subscribe, rate, r...
May 29, 2019•44 min
Many homeowners are experiencing hardships with their properties with divorce and excessive debt being top causes. Oftentimes, short sale is a promising solution in these situations. Scott talks with seasoned realtor and short sale specialist Nicole Espinosa about her short sale business and the existing market. Even when the market is performing great, there is still a short sale going on and there is no stopping her company at taking care of their clients. Nicole shares some of the ups and dow...
May 29, 2019•54 min
Successful businesses always start with interesting stories about how they emerged. Scott talks to long-time friend and real estate investor, Tim Herriage, about how he quit the Marine Corps and made his way through real estate. Tim shares his struggles in the industry and how he survived a roller coaster of emotions when shutting down his own business. He also gets into real estate, his favorite barbecue in Texas, and evolving as an entrepreneur. Love the show? Subscribe, rate, review, and shar...
May 28, 2019•45 min
Every entrepreneur’s primary goal is to grow their business. This will only be possible if you can own and attract more clients as much as you aim for. Scott talks with Darin Adams from Infusionsoft about how entrepreneurs and marketers can attract, sell, and wow their current and future clients by using their software. Darin reveals why building a database is the most critical step for your marketing campaign’s success. Sharing the transition of Infusionsoft to its new brand, Keap, Darin goes i...
May 26, 2019•55 min
For years, Detroit, Michigan has been hot on the market primarily because of its inventory to price points and not having an SDIRA or self-directed IRA. With its numerous economic developments, there are issues that are lagging around such as the city being on the verge of bankruptcy. If you are planning to invest here, reaching out to others such as a CPA or an attorney who is not on the mock arena is a recommendable. Working with a company that is an expert at pulling data minimizes the risk o...
May 26, 2019•34 min
Short sales have been a widely held topic in the real estate arena. Why? It’s because it’s a win-win deal for both the seller and the buyer – a short sale can get a property holder out from bad debt while buyers see the price of a short-sale home worth the hassle. Scott discusses how note investors can target short sales as warm leads for potential opportunities for deals and larger lists of non-performing notes. As he outlines the things you can do with short sales, learn the three reasons why ...
May 25, 2019•45 min
The Note Mastermind is a three-time annual event for note investors as part of Scott’s mentoring program. Once again, people come over to spend time with other note enthusiasts and have the opportunity to hang out and working on each other’s business, making them rejuvenated in rowing towards the same direction. Scott shares some of the fantastic things that took place during the 22nd Note Mastermind meeting in Austin, TX. Love the show? Subscribe, rate, review, and share! Here’s How » Join the ...
May 24, 2019•36 min
The chicken or the egg is a dilemma that has also penetrated the world of real estate. In the note business, it often equates to the property or the bank. Scott helps us understand this predicament by providing some details on which entity must be dealt with first. Proving the order of importance between the property and the egg, Scott says that if you are chasing eggs, it is advisable to go upstream and identify the source – chase the chicken and find out who is laying those eggs. Love the show...
May 23, 2019•41 min
Setting up a note business means that you have to create and work on an effective business plan. It can be a long and analytical process, but once it is properly executed, success can be endless. Scott talks about how to make a business plan that works. He says keeping your eye towards the goal and talking to the right people is necessary to ensure that you are in the right path, and identifying your ideal asset along with the right communication method will make any business plan materialize in...
May 22, 2019•48 min