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, 2023•22 min•Ep. 770
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, 2023•16 min•Ep. 769
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, 2023•22 min•Ep. 768
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, 2023•19 min•Ep. 767
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, 2023•1 hr 9 min•Ep. 766
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, 2023•45 min•Ep. 765
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, 2023•26 min•Ep. 764
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, 2023•21 min•Ep. 763
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, 2023•19 min•Ep. 762
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, 2023•19 min•Ep. 761
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, 2023•20 min•Ep. 760
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, 2023•45 min•Ep. 759
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, 2023•51 min•Ep. 758
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, 2023•1 hr 7 min•Ep. 757
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, 2023•30 min•Ep. 756
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, 2023•17 min•Ep. 755
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, 2023•13 min•Ep. 754
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, 2023•17 min•Ep. 753
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, 2023•22 min•Ep. 752
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, 2023•18 min•Ep. 751
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, 2023•22 min•Ep. 750
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, 2023•15 min•Ep. 749
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, 2023•19 min•Ep. 748
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, 2023•38 min•Ep. 747
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, 2023•14 min•Ep. 744
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, 2023•19 min•Ep. 743
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, 2023•31 min•Ep. 742
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, 2023•10 min•Ep. 741
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, 2023•15 min•Ep. 740
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, 2023•31 min•Ep. 739