The Note Closers Show Podcast - podcast cover

The Note Closers Show Podcast

Scott Carsonweclosenotes.com

The Note Closers Show Podcast covers everything you don’t know about real estate investing today, specifically the world of note investing. Scott Carson, CEO of We Close Notes, interviews experts in the note investing field, including vendors he works with, and students he has trained. Prepare to be educated and entertained on the secrets of how you can control millions of dollars’ worth of property for pennies on the dollar, through investing in distressed real estate notes. Scott and his students have each closed thousands of deals, all over the United States. Listen each week to stay on top of the latest developments in note investing, how to get to the right people, avoid the wrong people, get the inside track on buying from the banks, find the notes you are looking for, negotiate the best price, and make the high returns you deserve. Whether you are focused on performing, nonperforming, owner-financed, first, second, residential or commercial notes, you are in the right spot! Scott will show you how to find the deals where others aren’t looking, how to get the banks to call you with deals, and how to attract the right type of investors who are looking to fund your deals. Scott also brings in experts in marketing, entrepreneurship, business, and mindset to help his audience in the day-to-day grind of being a business owner, investor and entrepreneur. With over a decade of experience as the “Note Guy” Scott has invested in all types of note investments. Ranging from residential assets on an individual or large bulk basis to commercial notes in each asset class, Scott has the connections and knowledge to help his students take down all property types. If you have an appetite to grow your business from single family homes to multifamily, self-storage, mobile home parks, mixed-use, strip malls or other asset classes, Scott brings on the experts in these different fields to help give you guidance and clarity as a note and real estate investor to find success at your own pace. The Note Closers Show also features a variety of different experts and vendors ranging from attorneys, servicing companies, special servicing experts, title experts, and other real estate professionals to help you organize your own note business and have the best possible team of professionals at your disposal. Along with these experts, Scott also spends time identifying market and deal opportunities across the multiple facets of the note and paper industry. Scott also realizes that work isn’t everything to an entrepreneur and that’s why he also mixes in the occasionally mindset expert and guest wild card to keep his shows content fresh and relevant in today’s everchanging investment environment. It’s common for Scott to add an award-winning personality, athlete or podcaster to the stellar lineup of guests who might make a surprise appearance on the podcast. Scott’s willingness to be an open book and share the different facets of his business, life, and journey and his ability to use humor (and his sound effects) will keep you coming back again and again. Some of the previous guests of the Note Closers Show have been professional athletes, Emmy award-winning life coaches, and a variety of best-selling authors and experts in their fields to add value to the businesses and lives of the millions of listeners of the Note Closers Show across the United States and over one hundred different countries. You can also listen to the podcast on a variety of different AM and FM radio stations across the country. You can also watch the episodes on the WeCloseNotes YouTube channel. If you want to tap into the Note Closers Show family and information network, you can by texting Notes to 72000 or by checking out the WeCloseNotes.com website for a full schedule of events and trainings offered. www.WeCloseNotes.com

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Episodes

Weatherford Texas Nonperforming Note Case Study

Texas is a great state to invest in especially with notes if you can find something that makes sense number-wise. Scott Carson discusses this nonperforming note deal in Weatherford Texas with a decent amount of equity and at a price that might make sense for a note investor to buy and then foreclose out the borrower on. Scott breaks down the numbers and insight into his thinking on whether this is a deal or a dud! Watch the original video HERE ! Book a call with Scott HERE ! Love the show? Subsc...

Jun 07, 202322 minEp. 770

Nonperforming Note Case Study - Sugar Land, Texas

Are you looking for nonperforming notes in Texas? Then this is one case study that you might want to look at. Scott Carson breaks down a 1st lien, nonperforming note deal located in Sugar Land, TX. Scott discusses the numbers and the back story of the borrower along with his potential strategy for making money on this deal. To learn more about how to invest in notes, check out http://NoteBuyingForDummies.com . Watch the original video HERE! Book a call with Scott HERE! Love the show? Subscribe, ...

Jun 01, 202316 minEp. 769

Note Case Study - Lake Travis, TX NPN Deal

Who doesn't want to own real estate or notes in Texas, let alone on beautiful Lake Travis? In this episode, Scott Carson breaks down a current note deal that he is working on that just came across his desk located just a few miles from his home. Scott shares the numbers on this deal, information from the current lender, the numbers, and expected exit strategy or workout solution, and why this may be a deal or a dud! Watch the original video HERE! Book a call with Scott HERE! Love the show? Subsc...

May 31, 202322 minEp. 768

Leveraging Out of State Meetup & REI Clubs to Expand Your Network

How do you find vendors and reliable sources for due diligence in markets outside of your own backyard? You learn how to leverage real estate investing clubs and networking groups in other markets! In this episode, Scott Carson shares how he has been leveraging REI Clubs and real estate investing Meetup Groups all across the country to help him find trusted vendors, buyers, and investors! Watch the original video HERE! Book a call with Scott HERE ! Love the show? Subscribe, rate, review, and sha...

May 30, 202319 minEp. 767

How to Use Artificial Intelligence (AI) As A Real Estate Investor

We've all heard the latest buzz in the world of marketing about using Artificial Intelligence to help you market your business. But how can a real estate and note investor use this tool effectively to help them find deals, market their business, or raise capital effectively? We've had those same questions. So in this episode taken from a previous Note Night in America, I'm bringing on a special guest to help us walk through using the newest AI tool, ChatGPT. Our special guest, Larry Roberts, is ...

May 24, 20231 hr 9 minEp. 766

Creating Financial Freedom with Mike Swenson

Scott Carson talks with friend, realtor, and fellow investor Mike Swenson about his journey from accidental landlord to seasoned real estate investor. Mike shares some of the lessons learned along the way, why he became a realtor to help him with investing, and why he is striving to help other realtors become investors as well. Connect with Mike at http://AgentInvestorMastermind.com Mike has been in the real estate industry in various forms since he became an accidental landlord back in 2010. Cu...

May 23, 202345 minEp. 765

The New Investor Checklist: Prep Yourself For Future Success

We all start out as new investors confused of where to begin and what to do to make sure we start off on the right path. And that is exactly what this episode is all about as Scott recaps a recent call with a newbie investor who was looking for some advice on where to begin as a new investor. You can learn a lot from this new investor checklist that Scott goes through to identify opportunities, funding, and how to find an investing niche that you love (and that works in your market). He also dis...

May 19, 202326 minEp. 764

The Truth About Investing in 2nd Liens

On this episode of the Note Closers Show, Scott Carson discusses investing in second liens and why the market for junior lien investing is not what it was like ten years ago. He discusses some of the most common questions and comments that he gets from students and why you have to be careful about who is giving you advice when it comes to buying second liens. Scott also shares why they are not as popular or nearly as profitable as they once were due to the market conditions changing and why many...

May 18, 202321 minEp. 763

What Do You Do When the Borrowers Stop Paying?

In this episode of the Note Closers Show, Scott Carson shares what you need to do as a note investor when your borrower stops paying on time. He shares why you want to stay on top of your borrowers and your servicing company to make sure that you get your borrower back on time or that you start the foreclosure or eviction process. Book a call with Scott HERE! Watch the original video HERE ! Love the show? Subscribe, rate, review, and share! Here’s How » Join the Note Closers Show community today...

May 11, 202319 minEp. 762

The Ten Commandments for Note Investors

In this episode of the Note Closers Show, Scott Carson breaks down the ten commandments of being a note investor. He discusses why these ten are important to keep in mind to find success. Never Buy A Note on a Property You Don't Want To end Up Owning Stay Away From Woke States/Cities Never Buy For Just One Exit Strategy Follow Up Follow Up Follow Up - MoreTime = Motivation Know Your Buy Box You Direct Your Servicers Speed Up Your Velocity of Capital Dollar Cost Average Your Portfolio Make Multip...

May 09, 202319 minEp. 761

Five Rules For New Real Estate Investors in 2023

In this episode of the Note Closers Show podcast, Scott Carson shares his FIVE RULES For New Real Estate Investors in 2023. Scott discusses why it is now more important than ever to: 1). Know Your Strategy and Asset Inside & Out 2). Understand that Real Estate is Only Going to Get More Expensive 3). Stop Listening to Idiots Who Haven't Done Anything 4). Learn How to Raise Private Capital 5). Embrace 21st Century Marketing And let's not forget about #6 and Go Bigger! Watch the original video ...

Apr 27, 202320 minEp. 760

Jumping From Residential to Commercial Real Estate with Cory Mortensen

In this episode of the Note Closers Show, Scott Carson interviews real estate investor Cory Mortensen about his journey from residential realtor to commercial real estate investor. Cory shares his journey and what you need to be looking for when investing in commercial real estate in today's chaotic mark. Cory also shares his focus on creating syndications for investors with a focus on finding home-run deals. Connect with Cory at http://www.one-9holdings.com Watch the original video HERE ! Cory ...

Apr 26, 202345 minEp. 759

Optimizing Your Fundability with Merrill Chandler from GetFundable.com

In this episode of the Note Closers Show, Scott Carson shares a session from his recent Virtual Note Buying Workshop with special guest, Merrill Chandler from CreditSense.com. Merrill shares the best ways to build a business and personal credit profile to tap into the cheapest funding available. Merrill also discusses the difference between a real credit score versus a Fako score. He also makes an amazing offering to listeners of the Note Closers Show to help them become more fundable. Check out...

Apr 19, 202351 minEp. 758

How To Protect Your Assets Before You Get Sued with Aaron Young

In this episode of the Note Closers Show, Aaron Young from Laughlin and Associates joins Scott Carson during his April Virtual Note Buying Workshop to discuss why entrepreneurs (and especially real estate investors) need to worry about protecting their business and personal assets by establishing the corporate veil. Aaron also discusses all of the things that we need to do as business owners to protect and strengthen our entities and LLC's so that when we are sued, our corporate veil is not pier...

Apr 17, 20231 hr 7 minEp. 757

How Do I Find Information on Vacant Properties

In this episode of the Note Closers Show, Scott Carson answers a few questions from his previous episode on how to find information on vacant properties. Scott shares what websites he uses to find the information on the borrower, heirs, the underlying loan, and any other valuable info that he will need when it comes to getting in touch with the right party. Some of the websites that he discusses are Netronline.com, Spokeo.com, Whitepages.com, obituaries, social media, and county records. Book a ...

Apr 12, 202330 minEp. 756

Can I Buy The Note On This Ugly House?

On this episode of the Note Closers Show, Scott Carson answers one of the most common questions that he gets from new investors. Can I buy the note on the ugly house on my street? Scott explains why the answer to this is "it depends", how you go about finding the correct answer, and what to do once you do find out. Book a call with Scott HERE! Watch the original video HERE! Love the show? Subscribe, rate, review, and share! Here’s How » Join the Note Closers Show community today: WeCloseNotes.co...

Apr 11, 202317 minEp. 755

Eight Million Renters Are Behind On Their Rent

In this episode of the Note Closers Show, Scott Carson discusses a current article from DS News about a new LendingTree.com study showing that over eight million adults 18 or over (or 13.17%) are living in homes or households where they are behind or not paying the rent. HERE IS THE ARTICLE Scott discusses what states have the biggest amount of renters behind on their rent, the states that have the lowest rates, and the states where people are living rent-free. He also discusses why this has a s...

Apr 05, 202313 minEp. 754

What's the Differences Between Closing on a Property vs Note Deal

On this episode of the Note Closers Show, Scott Carson breaks down the differences between closing on a traditional piece of property vs the process for closing on a note deal. Scott shares why a property purchase is usually more intense and uses title companies while a note purchase is more remote and has fewer closing costs. Watch the original video HERE! Book a call with Scott HERE! Love the show? Subscribe, rate, review, and share! Here’s How » Join the Note Closers Show community today: WeC...

Mar 31, 202317 minEp. 753

What's Going On With Commercial Banks?

In this episode of the Note Closers Show, Scott Carson explains what's going on in the news with the commercial banks that are struggling with their portfolios of commercial real estate. Scott explains why banks are having a hard time and why this time around we'll see more distressed commercial debt verses residential debt. He also explains what the Texas Ratio is and why it's important for bankers, investors, and depositors to know about the bank that you work with. Scott also describes why in...

Mar 29, 202322 minEp. 752

Why You Don't Buy Notes in California

Are you a California investor looking for distressed note deals in your backyard? Good luck with that! In this episode of the Note Closers Show Podcast, Scott Carson shares why most note investors are avoiding note deals in California when they can get a bigger bang for their investing buck by investing in other states that provide better returns, and leverage, and are friendlier to investors. Scott also discusses why distressed notes just aren't going at huge discounts and why you would be bett...

Mar 28, 202318 minEp. 751

Six Risks To Watch Out For When Buying Notes

In this episode of the Note Closers Show, Scott Carson discusses the six different risks that you need to watch out for when buying nonperforming notes. He shares why interest rates, market values, disgruntled borrowers, taxes, legal, and acts of God can all affect what happens with your note deal and why you have to watch out and plan for them all. But don't worry! Scott shares how to plan and protect your deal (and investment) with each risk and how to come out profitable on the back end of ea...

Mar 17, 202322 minEp. 750

Why You Must Start Contacting Banks Now!

On this episode of the Note Closers Show, Scott Carson shares why you must start contacting banks and asset managers now if you want to be around when they start moving nonperforming assets. Scott shares his strategies for contacting asset managers online, via LinkedIn, and via email. He also discusses why he is doubling down on marketing to his banking contacts as asset managers everywhere are looking at their books. Scott also shares why and how he is looking to raise as much private capital a...

Mar 15, 202315 minEp. 749

Will We See More Banks Fail?

Will the closing of Silicon Valley Bank and Signature Bank be the first dominos to fall? Will we see another large amount of other banks start to fail? There are a lot of different things to look at when determining if a bank is on the verge of failing or has a large portfolio of distressed assets that are bringing down it's values. On this episode, Scott Carson discusses some of the obvious things to look for and some other cracks in the system that have been visible for a while in the financia...

Mar 14, 202319 minEp. 748

Tapping Into the Niche of Land Investing with Rebecca Matulonis

On this episode of the Note Closers Show, Scott Carson talks with seasoned real estate investor Rebeccas Maulonis about her love for land investing. Rebecca shares how she got started after her extensive background in commercial real estate and development. She also shares how she finds, buys, and sells land deals all across the country and how she is creating a nice passive income stream for her future. She also shares how she has been able to streamline the buying and selling side with systems...

Mar 03, 202338 minEp. 747

The Physical 100: Note Investor

On this episode of the Note Closers Show Podcast, Scott Carson discusses how each of us as note investors are like one of the contestants from the popular Korean reality show, the Physical 100. Scott shares why each of have our own strengths and resources that work in our favor just like the contestants dow with their muscles, physique, strength, and agility. Scott also stresses the need for us to identify our different resources and strengths that we can use to our advantage as an investor and ...

Feb 21, 202314 minEp. 744

Lessons Learned from 500 Notes

On this episode, Scott shares the important lessons that new note investors learn when they take the time to break down different types of notes. Scott discusses some of the lessons taught to his students who attended the different live tape breakdowns in the past week that can be watched again at http://WeCloseNotes.com. He also provides you with some of the most important lessons and assumptions that you can make when a note tape has a huge list of NPNs with a wide variety of values, delinquen...

Feb 16, 202319 minEp. 743

Finding Doctors To Fund Your Deals with Thomas Geib

On this episode of the Note Closers Show, Scott Carson interviews Thomas Geib from Physician Wealth Systems on the best ways to raise private capital when targeting wealthy individuals and medical experts. Thomas shares his team's strategy for helping build trust and why it's all about building relationships when it comes to working with wealthy individuals. Thomas Geib is the author of How To Get Rich As A Doctor, Co-Founder of Physician Wealth Systems, Co-Host of the Real Estate Mogul, M.D. Po...

Feb 10, 202331 minEp. 742

BEWARE: Low Balance Note Deals

On this episode of the Note Closers Show, Scott Carson shares some of the things that you have to watch out for when you are a new note investor bidding on low-balance or low-UPB loans. Scott discusses why it is important to look at more things than just the low price of the note and why there are several different hurdles and traps that you have to watch out for. Book a call with Scott HERE ! Love the show? Subscribe, rate, review, and share! Here’s How » Join the Note Closers Show community to...

Feb 09, 202310 minEp. 741

5000 Asset Managers to Freedom

On this episode of the Note Closers Show, Scott Carson shares why most note investors get a bad rap when it comes to finding sources from most educators. He breaks down why there are plenty of deal sources for note investors and why most "gurus" won't share their sourcing. Scott also discusses why you are minutes away from being direct to over 5,000 different bank asset managers and why marketing is the secret sauce to getting plenty of note deals sent to you without having to overpay. Quit bein...

Jan 31, 202315 minEp. 740

The 11 Exit Strategies of Nonperforming Notes

On this episode of the Note Closers Show, Scott Carson discusses the different exit strategies that you need to know as a performing and nonperforming note investor. He discusses how investors start at one end and work their way to the other end of the list depending on what they find out from the borrower. He also discusses the importance of dictating terms to the borrower but working to achieve a win-win scenario. If you would like to find out more information about note investing, make sure t...

Jan 26, 202331 minEp. 739
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