You've heard that many distressed commercial properties are facing problems in the market, but how do the numbers compare when broken down by property type and their level of distress or maturity levels? That's where the CREDiQ monthly report on payment status comes into effect! Multifamily distress nearly DOUBLED in a month!!! from 3.7% to 7.2% READ THE FULL REPORT HERE! Most of it was due to a large $1.75 billion loan ($561,000/unit) backed by Parkmerced, a 3,221-unit multifamily- which has be...
May 21, 2024•15 min•Ep. 862
Are you a real estate investor looking for distressed assets for you to buy to either flip or add to your rental portfolio? Then nonperforming notes might interest you. Scott breaks down a list of 188 nonperforming notes that combine vacant reverse mortgages and nonperforming first mortgages that are available for sale. Scott shares how he came across this list of deals, what type of bidding instructions are involved, estimated offering percentages, and how you can take place in bidding for your...
May 14, 2024•1 hr 6 min•Ep. 861
Uncover the unexpected truth about the top cities with the highest real estate growth in 2024. You won't believe which city took the number one spot with a staggering 25.5% growth. It's not what you'd typically expect, and it's definitely going to leave you intrigued. But that's not all – there are surprising cities on this list that are poised for remarkable growth, and you need to know about them. You won't want to miss out on this eye-opening revelation, so stay tuned to find out which cities...
May 10, 2024•12 min•Ep. 860
Most investors and entrepreneurs never find success due to the fact that they fail to realize that they are the face of the organization. You must promote yourself on a regular basis to attract clients, investors, and deal flow. How else will your potential funding partners and clients know that you exist? In this episode, Scott breaks down why YOU are your greatest asset or biggest weakness when it comes to achieving the type of success that you want. In this episode Scott Carson shares: How mo...
May 08, 2024•41 min•Ep. 859
Are you confused about Reverse Mortgages vs. Traditional Notes? This episode and video equips you to evaluate and bid on reverse mortgage deals involving deceased borrowers who leave behind vacant properties. In this episode, Scott Carson dives deep into: Key Differences: Reverse Mortgages vs. Performing/Non-performing Notes Evaluating REO & Fix & Flip Opportunities: When Inheriting Property with a Reverse Mortgage Bidding Strategies: Analyzing Seller Reserve, BPOs, Inspections & Leg...
Apr 29, 2024•1 hr 5 min•Ep. 858
Struggling to find deals and raise capital as a note investor? The key to success may be simpler than you think. Discover the one powerful tool top note investors use to crush their competition: Consistency! Join veteran note investor Scott Carson (16+ years of experience) as he unveils the secret sauce behind his success and that of his thriving coaching students. In this episode, you'll learn: The ONE Simple Tool for consistent marketing and deal-finding. Strategies to stay on track while 95% ...
Apr 26, 2024•46 min•Ep. 857
When you look at buying performing notes, it's not only important to look at the potential cash flow of the deal but also to understand the amortization calendar and how long you can hold on to that note when using investors' funds. The later the term of the mortgage often means the sooner you need to be out of the deal. Scott breaks down how investors can get in trouble if they don't run the numbers to identify when they need to get out of a performing note when the principal balance gets close...
Apr 24, 2024•22 min•Ep. 856
Many parents struggle to discuss money and wealth-building strategies with their children because they often have a difficult time understanding the concepts themselves. What if there were a way to bring a treasure trove of financial experts together to help you understand and communicate generational wealth-building strategies for you and your family in one spot? We are excited to announce the special Raising Generational Wealth Virtual Summit hosted by our good friend and financial expert Clif...
Apr 19, 2024•56 min•Ep. 855
The latest foreclosure report by Attom Data Solutions is out for Q1 of 2024. Scott shares the results from the latest findings that the "market is in transition" and discusses how this can affect buyers, sellers, and investors. He shares the number of foreclosure filings, foreclosures completed, new REOs, and which states are seeing the most amount of distressed borrowers out there. Scott also shares which states are experiencing the longest and shortest foreclosure timeframes and the five bigge...
Apr 17, 2024•21 min•Ep. 854
How do you create a portfolio of performing notes that will return you a 21% ROI as a new note investor? You work with Scott Carson! Scott shares how new coaching students purchased 18 performing notes in four months at 67% of the UPB to yield a net 21% ROI. Scott breaks down the numbers, shares the geography of the deals, and the different exit strategies that his 1:1 Coaching Students have on how to return their capital, refinance with OPM, or flip the portfolio for a quick profit. Scott also ...
Apr 15, 2024•34 min•Ep. 853
Do you own a home, but still struggle financially? You're not alone. A recent report by Lending Tree reveals surprising statistics on homeownership rates among low-income Americans. In this episode, we'll break down the key findings of the Lending Tree study and explore: The surprising number of homeowners living in poverty. The factors contributing to this growing trend. The impact of housing costs on overall financial well-being. Strategies for homeowners facing financial hardship. Whether you...
Apr 12, 2024•18 min•Ep. 852
From Fix & Flips to Flipping Notes: How One Investor Found Financial Freedom Have you heard these three myths about transitioning from flipping to note investing? The truth will surprise you, but I won't give it away just yet. Get ready to uncover the reality behind these myths and discover the key to achieving financial stability and freedom through diversified investments. Are you ready? In this episode, you will be able to: Master the art of transitioning from flipping to note investing, ...
Apr 08, 2024•46 min•Ep. 851
Retire Comfortably With Just 15-30 Strategic Cash Flowing Deals A recent USA Today shared that most people believe they need over $1.5 Million to retire but are way behind on that number. How are people expected to achieve their retirement goals if that number seems like you are climbing Mount Everest? Scott Carson shares his inner "Journey" on why you shouldn't "stop believing." But first, we've got some myths that we need to overcome. Have you heard these common myths about achieving retiremen...
Apr 05, 2024•22 min•Ep. 850
If you're feeling overwhelmed by the evolving real estate landscape and unsure about how to navigate the changes, then you are not alone! Imagine the frustration of trying to understand new commission structures and feeling left in the dark about the impact of NAR lawsuits. It's time to gain clarity and take control of your real estate journey. Let's explore how to thrive in this changing environment together. In this episode, you will be able to: Discover the evolving real estate commission str...
Apr 01, 2024•56 min•Ep. 849
Discover the shocking truth about the importance of checking escrow balances when buying notes. You won't believe what happened to one unsuspecting student who found themselves in a financial mess because of someone else's oversight or greed! Learn how this simple step could save you from costly mistakes and ensure a smooth note investment journey. You won't want to miss out on this eye-opening insight that could make all the difference in your investment strategy. Stay tuned to find out how to ...
Mar 29, 2024•12 min•Ep. 848
Surprise Locations Ranked As Best Markets for Single Family Rentals This Year If you're feeling overwhelmed by the countless options for rental investments and unsure which counties to target, then you are not alone! With so much information out there, it can be frustrating trying to figure out the best places to invest in rental properties, especially when the market is constantly changing. You might be feeling lost in the sea of data, not knowing which counties will actually yield the best ret...
Mar 28, 2024•14 min•Ep. 847
Got Wanderlust? How This Investor Funds His Family's Globe-Trotting Lifestyle Does this sound familiar? Have you been told that the key to successful real estate investing is to go it alone and figure it all out yourself? The pain of trying to navigate the complex world of real estate investing on your own can be overwhelming. But what if I told you there's a better way to invest in real estate without the stress and hassle? Let's discover the benefits of fractional real estate investing togethe...
Mar 27, 2024•47 min•Ep. 846
From Door-to-Door Sales Rep to 7-Figure Entrepreneur in 8 Years Do you want to achieve long-term financial stability and build wealth in a nontraditional way? Join me as I share the solution to achieving this result and transforming your financial future. Let's dive in and take control of our financial destinies! In this episode, you will be able to: Discover unconventional methods for paying off debt and achieving financial freedom. Explore the surprising benefits of tiny living in RVs and how ...
Mar 20, 2024•44 min•Ep. 845
Ready to unlock the potential of mortgage note investing, but feeling overwhelmed by hidden fees? This episode/video equips you with the knowledge to navigate the fee landscape and make informed investment decisions. We'll delve deep into the 6 essential fees you'll encounter in the world of mortgage note investing, helping you avoid surprises and maximize your returns. Understanding Fees: The Key to Success The intricate world of mortgage note investing offers a compelling alternative to tradit...
Mar 18, 2024•25 min•Ep. 844
Want Top Dollar For Your Note? Dodge These 8 Deadly Mistakes! Does it sound familiar to make mistakes in owner financing? Have you been told that owner financing is a great strategy without knowing the potential pitfalls? If you're feeling the pain of taking a big discount on a note sale due to improper structuring, it's time to avoid these costly mistakes. Let's dive into the 8 HUGE Owner Financing Mistakes to AVOID and enhance your profitability while minimizing risks. In this episode, you wil...
Mar 13, 2024•23 min•Ep. 843
I'm a huge fan of watching sports documentaries or miniseries that follow and feature different big names in their specialized sports. Whether it's golf, baseball, football, or even racing, I love the behind-the-scenes sessions where you get to see how these amazing athletes deal with stress and the mind games that they play with themselves. One thing that I notice consistently is that the most successful have one thing in common: a strong mind game. We all play mind games but it's those individ...
Mar 11, 2024•39 min•Ep. 842
Becoming a real estate investor can be a daunting task to most when you realize that you have to start marketing yourself and your business to achieve success. And while many investors put this off until they have to, it doesn't have to be difficult if you start off doing some simple things to help you grow your database daily. That's why Scott shares his five favorite ways to grow an investor database for new real estate investors in 2024. Scott discusses how to leverage each way to maximize yo...
Mar 06, 2024•23 min•Ep. 840
We all know that Americans have been through a lot of financial difficulties in recent years, between periods of high unemployment, high inflation, and a pandemic, Although conditions have significantly improved, many people still are in financial distress, which WalletHub defines as having a credit account that is in forbearance or has its payments deferred, meaning the account holder is temporarily allowed to not make payments due to financial difficulties. In this episode, Scott discusses the...
Mar 04, 2024•34 min•Ep. 839
One of the #1 questions I get from real estate investors is how do you find distressed apartments that I can buy? Well, the answer is "Find the Distressed Mortgage Notes on Apartments" and go from there! In this episode, Scott shares several resources that he and his team use to locate distressed apartment notes, how buying the note is different from buying the actual apartment, how financing a note deal is different, and who are some of the team members you need when diving into this space. Sco...
Feb 28, 2024•36 min•Ep. 838
Rural Low Balance Assets: Realistic Expectations on Pricing If you're feeling frustrated with unrealistic pricing expectations and struggling to find good deals, then you are not alone! It's time to cut through the smoke and mirrors and get realistic about what makes a good note investment. Let's dive into the tail end of the tape and uncover the truth about pricing strategies and why it seems that some note sellers are smoking crack when it comes to the pricing (and valuation) of the tail end o...
Feb 26, 2024•43 min•Ep. 837
Scott Carson sits down with Crystal Hammond from the Stacking Deeds Podcast to share her investing journey. She describes how she transforms empty lots on the south side of Chicago by building fourplexes and creating affordable housing. Crystal also talks about her first piece of property, how she deals with complicated tax regulations, and her long-term strategies to turn the game around in favor of homeowners instead of big-time investors. Watch the original video HERE! Want to talk to Scott? ...
Feb 23, 2024•43 min•Ep. 836
Adapting Your Strategy for Changing Real Estate Invest Markets: Pivoting Your Approach Have you ever heard these myths about real estate investing success? Myth 1: Success comes easily without putting in the work. Myth 2: You can achieve success without consistent effort. Myth 3: It's possible to find success quickly without making any offers. I'll share the truth behind these myths, but let's unravel the real strategy together. Stay tuned! In this episode, you will be able to: · Understand what...
Feb 22, 2024•30 min•Ep. 835
Are you tired of trying to squeeze more hours out of your day? Do you feel like there is always stuff that needs to get done in your business or side hustle but you can't do it all yourself? Then you need to look at hiring a virtual assistant who can help you get out of the weeds and into profitability as an entrepreneur. That's why we are excited to have this special Real Estate Virtual Assistant Masterclass with the founder of REVA Global, Bob Lachance, and Preston Strada. For years, Bob and h...
Feb 19, 2024•1 hr 38 min•Ep. 834
Does this sound familiar? You've been told to just invest in real estate and sit back to watch the money roll in, right? But instead, you're feeling the pain of not getting the results you were promised. Let's change that and get you on the path to informed decision-making. My special guest on today's episode is Whitney Elkins-Hutton. Whitney is a seasoned real estate investor with a diverse portfolio, having ventured into single-family, multifamily, car washes, and assisted-living properties. W...
Feb 16, 2024•39 min•Ep. 833
Each of us has our own mountain to climb, but it's the journey, the setbacks, and the community we build along the way that truly defines our success. For today’s episode, Scott Carson sits down with the co-host of the #1 finance podcast, Stacking Benjamins , Joe Saul-Sehy . They talk about Joe’s journey, the financial mistakes he has had to overcome, what drives him, and how we all have our mountains to climb. From the importance of surrounding yourself with good people to the power of setting ...
Feb 14, 2024•39 min•Ep. 832