Can you buy your own mortgage from your lender? This is one of the #1 questions asked by new note investors. And while the answer all depends on who your lender is and if you are current or behind, Scott Carson shares when this option might actually be an option for you. While it might be rare, there are some situations where the Note Guy has been able to help his students purchase their mortgage at a discount on their own residential or commercial mortgage without the bank catching wind of the ...
Oct 25, 2023•19 min•Ep. 798
LinkedIn isn't just a network; it's a launchpad for building meaningful connections that fuel business growth. In this episode, Scott Carson joins Clifton Corbin , Wendie Veloz , Flint Jamison , and David Barnett to discuss how each person is using LinkedIn in their businesses. Together, they discuss how to build your network and nurture genuine connections on this platform, where quality is the name of the game. They touch on several critical points of LinkedIn, such as maximizing your LinkedIn...
Oct 20, 2023•1 hr 5 min•Ep. 801
It's hard to believe that we've reached the 800th episode of the Note Closers Show. We've learned a ton over the six-plus years of producing the #1 podcast for note investors. This episode is dedicated to our fans, sponsors, staff, Stephanie, past guests, hosts who have had Scott on their shows, and the amazing individuals, events, and people along the way! Thank you for listening and we'll keep cranking out episodes as long as you keep listening! Watch the original video HERE! Book a call with ...
Oct 20, 2023•23 min•Ep. 800
Why is it that we struggle to get things done by ourselves when if we expanded our outreach and collaborated with others we would find success (and greater profits) faster? In this episode of the Note Closers Show, Scott Carson shares why we need to learn to collaborate more as real estate entrepreneurs to help us solve the problems that we face in our lives and business owners. He also discusses why he attends different marketing and content creation events like FinCon to help him find partners...
Oct 19, 2023•22 min•Ep. 797
As someone who values financial growth and success, I wanted to personally extend an exclusive offer to you - a free ticket to the Magnify Your Wealth Summit ! I've been collaborating closely with Aaron Young, the CEO of Laughlin Associates and the visionary behind the Magnify Your Wealth Summit , for several years now. This event has consistently delivered exceptional value to entrepreneurs, business owners, and investors alike. Here's what you can expect at this year's summit: Complimentary 1-...
Oct 17, 2023•11 min•Ep. 796
What are surplus funds when it comes to tax sales and foreclosures? How does this happen and why is it important to know when you are investing in notes and real estate? In this episode, Scott Carson shares how to leverage foreclosures on both sides of the ball to maximize profits. Scott also shares why it is important to follow up with the county tax association to see if there is any tax or foreclosure overage sitting out there that you can claim if you hold the first lien. Watch the original ...
Oct 13, 2023•20 min•Ep. 795
It seems that everyone is asking "When is the sky going to fall? Where is the wave of foreclosures that we were promised at?" Well, I'm here to tell you that there isn't going to be a wave of foreclosures! The markets are different this time around and instead of a huge number of people being foreclosed on, you are going to see most of those distressed borrowers and property owners having their lenders sell off their loans to note buyers and note funds at a discount and time frame that will make...
Oct 12, 2023•15 min•Ep. 794
Have you seen the current movie Dumb Money which shares the story about how regular Main street investors took it to the big Wall Street hedge fund managers over the Game Stop stock a few years ago? Well, ordinary investors like you and me have been getting the short stick from institutional investors for years, but if you are a note investor, you can tell Wall Street to go F themselves as you can accomplish double-digit returns if you focus on your own real estate and note investor portfolio. Y...
Oct 10, 2023•22 min•Ep. 793
Do you need a lot of money or investment funds to get started as a note investor? The answer is no! You can often find quite a few profitable note deals for amounts under $25K if you know where to look. Scott shares one such deal that two of his coaching students have under contract for just $7,500. Scott shares the strategies and potential profits depending on which way the deal flows and how you too can get started investing in notes with small amounts. Watch the full video HERE ! Book a call ...
Oct 06, 2023•13 min•Ep. 792
Does this sound familiar? You've been told that climbing the corporate ladder is the only path to success, but deep down, you yearn for something more. However, despite your hard work and dedication, you're still feeling unfulfilled and stuck in a never-ending cycle. The pain of tirelessly chasing promotions and raises, only to find yourself longing for something different, is all too real. It's time to break free from this ineffective action and discover the liberating world of creative real es...
Sep 28, 2023•50 min•Ep. 791
Most new real estate investors find it difficult when it comes to raising capital from prospective investors. But if you have a process and can follow up (unlike most people), you're very likely to raise capital for your real estate deals. What do I say or ask them so I don't look like an idiot? The answer to that question is pretty easy if are coachable and understand that it's more about following a proven process and asking questions along the way. That's why on this episode we'll be sharing ...
Sep 26, 2023•39 min•Ep. 790
Most new real estate investors find it intimidating to talk with prospective investors to raise capital for their note or other real estate deals. What do I say or ask them so I don't look like an idiot? The answer to that question is pretty easy if are coachable and understand that it's more about asking questions an listening to the answers than looking like you know everything. But unfortunately, if you are new to this side of business it can feel very uncomfortable the first couple of times ...
Sep 12, 2023•26 min•Ep. 789
One of the top questions that I get from real estate investors is "How do you find distressed apartment loans?" The answer is pretty easy if you know where to look but you have to understand that just because you are buying the debt doesn't mean you are going to end up with the property and the cashflow. Finding the distressed deals is the first part and we use a couple of sources to find a list of banks or servicers with distressed debt. Bauer Financial, Cred-iq, and the MBA's bi-annual report ...
Sep 01, 2023•15 min•Ep. 788
There are plenty of nuances to note investing that make it a completely different asset class from traditional fix and flipping or land-lording. The only way to truly learn these differences is by taking the time to take a class and learn from someone more experienced. Trying to piece together a plan and all of the steps on note investing from YouTube or podcasts are great, but can dramatically extend your learning curve. That's why in this episode Scott highlights the need to invest in yourself...
Aug 30, 2023•16 min•Ep. 787
So you've had your bid on a note accepted! Congratulations! Now you start performing due diligence and find out the deal is more of a dud. What do you do to cancel your bid without ending up with egg on your face and saving the relationship? In this episode, Scott Carson breaks down the best ways to cancel your bids without getting black-listed. Watch the video HERE! Book a call HERE! Love the show? Subscribe, rate, review, and share! Here’s How » Join the Note Closers Show community today: WeCl...
Aug 24, 2023•19 min•Ep. 786
One of the most stressful situations to be in is when you find it difficult to pay your mortgage on time. Financial hiccups happen to everyone at some point and with the current economic situation, more and more homeowners are struggling to pay their mortgage payments on time. What options do you have as a borrower? What should you do and not do when you find yourself unable to make your monthly payment? Scott Carson shares the different options that are available to you as a borrower and discus...
Aug 18, 2023•22 min•Ep. 785
You never know who is listening or watching your content. Everyone is a buyer, seller, or funding source and video has played a HUGE roll in all three phases of our note business. Scott Carson shares how one video of a property walk-through led to a friendship and a million-dollar source of notes and deals over the past decade. Scott shares why sharing your videos of your property and deals is the #1 thing you can do to grow your network, sources, and funding partners. Watch the original video H...
Aug 17, 2023•15 min•Ep. 784
Are you a real estate investor who is using the power of paper and notes to achieve amazing returns? Are you a new investor who has closed on their first note deal and want to share your story? If so, we want to hear from you! The Note Closers Show is celebrating our six-year anniversary and we want to feature some movers & shakers in the note industry with our amazing audience. If you are a new or seasoned investor who has purchased, flipped, or financed your first note deal (performing, no...
Aug 15, 2023•11 min•Ep. 783
Is your lack of activity causing your business to fail? What are you doing on a daily, weekly, and monthly basis to move the needle in your deal flow and capital raising? In this episode taken from the WCN Membership Money Monday Coaching Calls, Scott Carson breaks down how he grades his and his student's activity with his Social Media Survey. If you'll listen to what Scott shares, you will find out if you failing at business or making straight A's as a note and real estate investor. Book a call...
Aug 15, 2023•36 min•Ep. 782
So your borrower calls your servicing company and wants to see about modifying their loan to a lower payment, interest rate, or balance. Do you have to do it? Or can you flat-out say no? Or is there a possible alternative? We discuss these different questions on this episode of the Note Closers Show. Scott Carson shares this recent question from a student and gives his insight into what you should or shouldn't do when it comes to modifying your borrower depending on the situation. Watch the orig...
Aug 10, 2023•16 min•Ep. 781
What do you do when you get a list of notes in from a potential seller? Make sure that they are truly the seller of the notes and that you aren't part of a daisy chain! Scott Carson discusses what it means to be in a daisy chain and why you want to avoid these types of transactions. He shares how he finds the true seller of the notes and why it is important to reach out to the seller to identify if the notes are actually for sale so that you aren't wasting your time. Watch the original video HER...
Aug 09, 2023•20 min•Ep. 780
How do you find large tapes of notes? This is the dream of every note investor out there but only a small percentage will find this NPN pot of gold. Why is it so hard to find? But why is it so worth it? Scott Carson shares his success in receiving two large tapes of nonperforming notes from direct sellers. He shares why follow-up and marketing for note tapes is so much more affordable and valuable versus traditional direct mail marketing and lead generation for other types of real estate investi...
Jun 30, 2023•20 min•Ep. 779
How do note investors make money buying or investing in performing or nonperforming notes? Scott Carson breaks down the different ways that note investors make money based on the different strategies and asset classes. How are the two different and are there other ways to cash in on the world of note investing? 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: WeCloseNotes.com T...
Jun 28, 2023•14 min•Ep. 778
There are nine essential skills that note investors must master to achieve success in their endeavors. These skills include: Deal Flow: Building a network of reliable sources to access a consistent pipeline of investment opportunities. Due Diligence: Thoroughly assessing the quality of collateral, borrower financials, and legal aspects of the note. Narrowing Your Deal Focus: Specializing in specific asset types or geographic locations to optimize expertise. Raising Capital: Developing relationsh...
Jun 23, 2023•18 min•Ep. 777
Real estate investing has long been considered a lucrative avenue for building wealth, but it's not the only game in town. In recent years, note investing has emerged as a viable and advantageous alternative. Notes, also known as mortgage or real estate-backed loans, offer a unique investment opportunity with several distinct advantages over traditional real estate investing. In this article, we'll explore the top 10 advantages of note investing and why it's worth considering as a part of your i...
Jun 21, 2023•13 min•Ep. 776
How much private money is in your network? How and what do you have to do to access the potential private money that your friends, families, and contacts have? In this episode, Scott Carson shares his Private Money Formula and how you can calculate the minimum amount of private money that you can tap into IF (and that's a BIG IF) you understand that it will take repeat marketing and that each platform (email vs social media) has a different success rate. Scott breaks down why everyone is capable...
Jun 20, 2023•23 min•Ep. 775
Scott Carson breaks down what he will be covering during the Note Buying Workshop taking place July 21-23rd in Austin, TX. Get your discounted tickets (75% off) at https://NoteBuyingForDummies.com Love the show? Subscribe, rate, review, and share! Here’s How » Join the Note Closers Show community today: WeCloseNotes.com The Note Closers Show Facebook The Note Closers Show Twitter Scott Carson LinkedIn The Note Closers Show YouTube The Note Closers Show Vimeo The Note Closers Show Instagram We Cl...
Jun 19, 2023•13 min
Performing notes that have a ton of equity are often a pretty easy slam-dunk investment for investors looking for regular cash flow and a decent return for the SDIRA. But there are still a few things that you need to watch out for. On this episode, Scott Carson shares a performing note case study in Harrisburg, PA. He shares the numbers, why this might be a deal or a dud, and his thoughts on making an offer that makes sense for the note buyer and not just for the note seller. Watch the original ...
Jun 15, 2023•12 min•Ep. 774
Georgia is one of those states that note investors are often looking to buy notes or deals in due to the fast foreclosure process. But in this episode, Scott Carson breaks down a current note deal that he is working on in Rossville, GA. It's a performing note with a ton of equity but with only a couple of years of payments left. Scott shares the numbers on this deal and why he is only offering 50% of the UPB on this performing note and why it's either a deal or a dud! Watch the original video HE...
Jun 14, 2023•17 min•Ep. 773
When buying nonperforming notes with equity you have to take a lot of things into consideration before closing. Scott Carson shares one such case study on a nonperforming note is Opa Locka, Florida which has $90K in equity but is just starting on the legal path to foreclosure. Scott shares his insight, numbers, expected exit strategies, and other things to consider if this note is a deal or a dud. Watch the original video HERE! Book a call with Scott HERE! Love the show? Subscribe, rate, review,...
Jun 08, 2023•15 min•Ep. 771
