Episodios

  • Breaking Down 59 Nonperforming Notes

    Breaking Down 59 Nonperforming Notes
    Apr 15 2025

    59 Non-Performing Notes: Portfolio Analysis & Deal-Finding Strategies


    Hey Note Closers! Scott Carson here, ready to dive into a fresh tape of 59 non-performing notes. This episode is all about practical analysis, identifying potential opportunities, and avoiding common pitfalls when evaluating a large portfolio of distressed assets.


    Key Aspects Covered:


    Portfolio Overview: We begin with an overview of the portfolio, noting the geographic distribution of the notes and the prevalence of foreclosure and bankruptcy proceedings.


    Initial Screening: I discuss the initial steps for narrowing down the list, including eliminating states or counties you don't want to invest in and identifying properties with low values or undesirable characteristics.


    Analyzing Key Metrics: We delve into the key metrics to consider, such as the last payment date, legal balance, property value, and foreclosure status.


    Identifying Potential Deals: I share my thought process for identifying notes that offer the best potential for profit, considering factors like equity, cash flow, and foreclosure timelines.


    The Importance of Due Diligence: I emphasize the need to conduct thorough due diligence, including reviewing property conditions, legal documents, and borrower information.


    Practical Insights:

    This episode provides a real-world example of how to approach a non-performing note portfolio and make informed investment decisions. You'll learn how to:


    • Quickly assess the value of a note
    • Identify potential red flags
    • Develop a targeted investment strategy
    • Take Action:


    Ready to put these strategies into practice? Book a call at talkwithscottcarson.com to discuss your individual needs and explore how to get started in note investing.


    Watch the original VIDEO HERE!


    Book a call with SCOTT HERE!


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    51 m
  • Creative Financing Deals Uncovered: The Roadmap To Real Estate Success With Zachary Beach

    Creative Financing Deals Uncovered: The Roadmap To Real Estate Success With Zachary Beach
    Apr 11 2025

    Are you ready to uncover the power of creative financing deals and thrive in today’s unpredictable real estate market? Forget the cookie-cutter strategies—this episode of the Note Closers Show with Scott Carson brings you a true real estate rockstar who's been quietly dominating from the charming streets of Rhode Island to the hustle and bustle of Boston. Zachary Beach isn’t just flipping properties—he’s engineering smart, creative solutions for distressed homeowners and transforming overlooked assets into goldmines. From humble beginnings as the “chief bottle washer” to leading the charge at Smart Real Estate Coach, Zach has weathered the highs, the lows, and everything in between. He’s here to share the insider strategies most gurus never talk about—notes, distressed assets, and the art of building serious wealth by helping others. Buckle up—you don’t want to miss this one!


    Watch the full VIDEO HERE!


    Want to talk to Scott? Book a call with him HERE.


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    Book a call with Scott today at HTTP://TalkWithScottCarson.com to see if 1:1 Note Coaching is right for you!

    Sign up for the next FREE Note Weekend Class HERE!
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    49 m
  • Green Acres Case Study - Vacant Reverse Mortgage

    Green Acres Case Study - Vacant Reverse Mortgage
    Mar 28 2025

    Hey Note Closers! Scott Carson here, taking you on a real-world adventure to analyze a potential reverse mortgage deal in Georgetown, Texas. This isn't just about numbers; it's about getting boots on the ground and seeing the property firsthand.


    The "Green Acres" Deal:

    This case study focuses on a reverse mortgage located on Green Acres Drive in Georgetown, TX. The property is a three-bedroom, two-bath home on a third of an acre. The borrower has passed away, and the note is now available for purchase.


    Key Aspects Covered:

    • On-Site Due Diligence: I share my experience of driving to the property and conducting a walkthrough. This includes assessing the neighborhood, the condition of the property, and any potential red flags.
    • Property Condition Assessment: We discuss the condition of the property, including the need for a new roof, sheetrock repairs, and general updates.
    • Market Analysis: I compare the property to nearby comps and discuss the challenges of valuing properties in rural areas with limited zoning.
    • Reverse Mortgage Considerations: We explore the unique aspects of reverse mortgages, including the foreclosure process and potential exit strategies.
    • The Decision: Based on the on-site assessment and market analysis, I share my decision on whether or not to pursue this deal.


    Why This Matters:

    This episode emphasizes the importance of going beyond the numbers and conducting thorough on-site due diligence. You'll learn how to assess the condition of a property, evaluate the surrounding neighborhood, and identify potential challenges that could impact your investment.


    Watch the original Walk Through Video HERE!


    Watch the original Video Episode HERE!


    Book a call with SCOTT HERE!



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    25 m
  • Common Sense Underwriting: Avoid Note Investing Disasters!

    Common Sense Underwriting: Avoid Note Investing Disasters!
    Mar 27 2025

    Hey Note Closers! Scott Carson here, diving into the essential topic of common sense underwriting. This episode is all about avoiding the pitfalls that can turn a seemingly great deal into a costly mistake. We're going beyond the spreadsheets and ROI calculators to focus on practical, real-world due diligence.


    Key Takeaways:

    • The Importance of Loan-Level Bids: Don't fall for the "percentage across the board" approach. Insist on loan-level bids to accurately assess the value of each asset.
    • Don't Be an A-Hole: Treat sellers with respect and professionalism. Submitting unrealistic offers or failing to follow instructions will damage your reputation.
    • Know Your Market: Don't bid on assets in areas you don't understand or wouldn't want to own. Focus on markets with a decent population and available resources.
    • Don't Fall in Love with the Property: Take the emotion out of the equation. Focus on the numbers and the potential for profit, not the aesthetics of the property.
    • Look Beyond the Numbers: Don't rely solely on spreadsheets. Consider factors like the condition of the property, the borrower's history, and potential legal issues.


    Actionable Advice:

    This episode is packed with actionable advice to help you make smarter investment decisions. We'll discuss:

    • How to assess the value of a note beyond the numbers
    • How to identify potential red flags
    • How to build a strong team of professionals to support your due diligence efforts

    Resources:

    • Order your O&E Due Diligence HERE: https://snip.ly/NewTitleSearch
    • Order your BPO Orders HERE: https://snip.ly/NewBPOForm


    Don't let a lack of common sense derail your note investing success! Listen now to learn how to avoid costly mistakes and maximize your returns.


    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:

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    • We Close Notes Pinterest

    Get Signed Up For the WCN Membership HERE!
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    33 m
  • 72 Note Portfolio Deep Dive: Mastering Note Analysis for Maximum ROI

    72 Note Portfolio Deep Dive: Mastering Note Analysis for Maximum ROI
    Mar 25 2025

    Hey Note Closers! Scott Carson here, ready to take you on an exciting journey—a deep dive into a portfolio of 72 first-lien notes! This episode isn't just theory; it's a practical, hands-on demonstration of how to analyze a large portfolio, identify profitable deals, and maximize your returns.


    Key Aspects Covered:

    This episode provides a step-by-step walkthrough of analyzing a diverse portfolio of performing and non-performing notes. Here are the key highlights:

    • Portfolio Overview & Data Analysis: We begin with an overview of the portfolio, including the distribution of performing and non-performing notes across various US states. I discuss accessing and using raw data from lenders to make informed decisions.
    • Developing an Investment Strategy: Based on the raw data, we develop different investment strategies considering various factors like loan amounts, equity, and LTV. This includes determining appropriate offer prices.
    • Cherry Picking vs. Portfolio Purchase: We discuss the pros and cons of focusing on specific notes ("cherry-picking") versus purchasing the entire portfolio.
    • Practical Formula Application: We use formulas to calculate equity, cash flow, and ROI for both performing and non-performing notes. This provides a step-by-step guide to evaluating the financial potential of each note.
    • Non-Performing Note Strategies: We explore specific strategies for handling non-performing notes, such as modification, foreclosure, and cash-for-keys.


    Learn from a Real-World Example:

    This episode isn't just about theory; it's a practical demonstration using a real-world portfolio of notes. I'll walk you through my thought process for evaluating each note, making offers, and maximizing potential returns. This hands-on approach offers invaluable insights for all note investors, regardless of experience level.


    Connect and Take Action:

    Ready to refine your note investing strategies? Book a call at talkwithscottcarson.com to discuss your individual needs. Don't miss out on this opportunity to enhance your skills and elevate your portfolio!


    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
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    • We Close Notes Pinterest

    Sign up for the next FREE Note Weekend Class HERE!

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    1 h y 8 m
  • From Rooming Houses to Note Investing: Phil Brodeur's Success Story

    From Rooming Houses to Note Investing: Phil Brodeur's Success Story
    Mar 22 2025

    Hey Note Closers! Scott Carson here with a truly inspiring guest, Phil Brodeur, a successful note investor who's made a remarkable transition from traditional real estate. Phil shares his unique journey and valuable insights into the world of note investing, particularly from a Canadian perspective.


    Key Takeaways:


    • Transition from Traditional Real Estate: Phil shares his experience of starting in the challenging world of rooming houses and the lessons he learned about management, tenant relations, and the importance of diversifying investment strategies.


    • The Note Investing Pivot: Phil’s introduction to private lending opened a new world of opportunities. His early successes in this arena fueled his transition to note investing.


    • Canadian vs. US Note Markets: Phil highlights the key differences between Canadian and US note markets, particularly regarding loan terms, interest rates, and foreclosure timelines. This comparative insight is invaluable for those considering cross-border investments.


    • Building a Portfolio & Raising Capital: Phil discusses his strategies for building a diverse note portfolio and the methods he's now employing to raise capital for larger, high-yield investments through a structured notes fund. This provides insight into scaling a note investing business.


    • The Importance of Action: Phil emphasizes the importance of taking action in note investing, despite potential fears of analysis paralysis or uncertainties. He advocates for consistent follow-up and seeking mentorship to accelerate the learning process.


    Learn from Phil's Experience:


    Phil's journey is a compelling case study demonstrating the potential for success in note investing. His practical advice, unique perspective, and focus on action make this episode essential listening for both seasoned note investors and those just starting out. Connect with Phil through his company, Colossus Strategic Holdings, at https://snip.ly/PhilBroduer


    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:

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    Take Your Asset Protection to a Whole New Level with Laughlin and Associates!

    Get signed up for the Next Virtual Note Buying Workshop Now!
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    57 m
  • The Five Step System for Fundability with Merrill Chandler

    The Five Step System for Fundability with Merrill Chandler
    Mar 21 2025
    The 5-Step FICO Funding System for Real Estate InvestorsHey Note Closers! Scott Carson here with an extraordinary episode featuring Merrill Chandler from GetFundable.com. Merrill shares insider secrets to unlocking funding approvals, gleaned from his unique access to FICO’s top executives. This isn’t just theory; it’s a proven system for achieving high-value credit lines and maximizing your real estate investment potential.The 5-Step System to Funding Success:Merrill reveals a five-step process designed to help you overcome common roadblocks and obtain the funding you need, regardless of your credit history or business circumstances. Here’s a breakdown:Minimize Negative Credit Effects: Address any negative items on your credit report (late payments, collections, etc.) before proceeding.Align Borrower Behaviors: Optimize your behavior patterns to match lender guidelines. This goes beyond your credit score. It's about how you manage credit accounts and overall financial interactions.Optimize Business Data & Identity: Ensure your business information is consistent across all reporting systems. Accuracy and clarity are crucial for lender trust.Build Profitable Banking Partnerships: Establish relationships with influential bankers who can champion your applications and provide preferential treatment.Leverage Lender Balance & Deposit Formulas: Use effective strategies to demonstrate financial stability and strength to lenders.Insider Access & Proven Results:Merrill’s unique access to FICO executives provides unprecedented insight into how lenders make approval decisions. He’s helped his clients secure hundreds of millions in funding approvals and shares countless success stories demonstrating the power of this five-step system.Learn the 5-Step System:Want to transform your funding prospects? Schedule a free discovery call with Merrill today to discuss your individual needs and explore how his system can benefit you. Schedule Your Call with Merrill Chandler HERE!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.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes PinterestTake Your Asset Protection to a Whole New Level with Laughlin and Associates!
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    1 h y 6 m
  • The 11 Biggest Mistakes that New Note Investors Make

    The 11 Biggest Mistakes that New Note Investors Make
    Mar 18 2025
    Hey Note Closers! Scott Carson here, ready to share some hard-earned wisdom to help you avoid the pitfalls many note investors fall into. Based on two decades of experience, I've identified the 11 most common mistakes, and I'm here to show you how to sidestep them and unlock true note investing success.The 11 Biggest Mistakes:This episode isn't about bashing anyone; it's about empowering you with the knowledge to avoid costly errors and maximize your returns. Here are the 11 mistakes to avoid:Only Bidding Based on Bank Balance: Don't let your available funds limit your bidding. Explore multiple funding options and bid aggressively.Not Marketing for Private Money: Actively seek private money lenders. Don't wait for the "perfect" deal; start marketing before you have a deal secured.Not Building an Email Database: Develop an email list of contacts and investors to stay top-of-mind and consistently promote deals.Only Bidding on One Asset: Bid on multiple properties to increase your chances of acceptance.Making Ridiculously Low Ball Bids: Don't undervalue assets; find a balance between aggressive and reasonable offers.Only Targeting Your Local Market: Expand beyond geographical limitations and explore deals across a wider region.Focusing Only on "Fast" Foreclosures: Diversify your portfolio to include a range of note types, including performing notes with strong cash flow.Using Only One Exit Strategy: Develop multiple exit strategies (foreclosure, modification, etc.) to handle unexpected situations.Marketing to Bad Leads: Don't waste time or money on leads that are unlikely to yield success. Target banks, lenders and build your own qualified list.Starting as a Wholesaler: Don't jump into wholesaling without a strong marketing strategy and funding in place. Relying on a Single Lead Source: Diversify your lead sources to avoid being limited by a single vendor.Avoid These Mistakes and Unlock Your Potential:By learning from these mistakes, you can position yourself for greater success in the note investing world. Join our upcoming workshop to learn strategies for locating assets, raising capital, and executing deals profitably!Learn More:Attend our workshop on April 25-27 by signing up at HTTP://NoteBuyingForDummies.com!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.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes PinterestClick HERE to Get Your Road to Retirement Started Today with American IRA!Get signed up for the Next Virtual Note Buying Workshop Now!
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    45 m
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