The Note Closers Show Podcast

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...

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...

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...

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 ! Lov...

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...

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...

On this episode of the Note Closers Show, Scott Carson breaks down his seven favorite ways to raise private money. He discusses the value of each strategy and why you need to start marketing for capital now instead of waiting until it is too late. He shares the importance of raising capital from friends & family, using lines of credit, networking, finding sdira investors, buying investor lists...

On this episode of the Note Closers Show, Scott Carson shares 13 different ways for new and experienced note investors to find note deals. Scott shares a variety of different strategies from note-listing websites to contacting banks to tracking AOM's.   He outlines each strategy and shares what is also covered in the first day of his quarterly Virtual Note Buying Workshop. To learn more about how...

In this episode of the Note Closers Show, Scott Carson shares how and why it is important to get as many No's as you can when you get started and why they ultimately lead to Yes and profits. Scott shares why each No that you receive is worth something in the long run unless you end up giving up. He also discusses why better deals and more profits come from getting more asset managers to reject you...

Would a 44% ROI in 45 days get you excited? That's exactly what happened to one of our newer note coaching students who recently purchased a nonperforming note in December and had it turn into a performing note when the borrower brought $25K to the table days before the foreclosure auction. Scott Carson breaks down how this deal happened on this win-win note deal that was a win for the borrower an...

Getting media exposure can be costly at times, but it does help you grow your business. But how can you earn media coverage without spending any money on ads? Media expert Christina Nicholson sits down with Scott Carson to discuss how businesses and entrepreneurs can achieve media exposure without wasting a ton of money on ineffective ads. Christina is the owner of Media Maven and the host of the...

Did you know that as the note holder (or bank) you actually have the right to request information from the utility departments on a note you are looking at buying? It's important to know if the power, gas, or water are on inside of a property to help you determine if it's occupied. It will also help you determine your next course of action on whether you need to winterize and secure the property o...

New real estate investors often struggle with what they can be doing to market and grow their business in their part-time while juggling a full-time job. On this episode of the Note Closers Show, Scott Carson shares six different activities that new investors can do at any time during their side hustle hours to stay productive, expand their network, find and evaluate deals, along with building pri...

On this episode of the Note Closers Show Scott Carson shares his love for the #1 tool for public records research for all the counties across the country in Netronline.com. Scott discusses how he and his team use this website for all types of online due diligence and how it makes it super easy for investors to track down information when you are investing in different cities, counties, and states....

On this episode of the Note Closers Show Scott Carson shares the three different ways that he organizes notes or deals on his note tapes so that he can identify the three classes of potential deals: performing notes, non-performing with a chance of reperforming, and the serious delinquent with little chance of reperforming. Scott shares what to look for depending on your deal focus and long-term g...

In this episode of the Note Closers Show, Scott Carson shares why the saying "the Riches are in the Niches" is true for real estate investors (both old and new) and why trying to be a jack-of-all-trades often leads to being broke and frustrated.  Scott shares why it's important to focus on one or two strategies that align with your goals, time, market, and strengths and why you must give a niche o...

In this episode of the Note Closers Show, Scott Carson shares what you need to look for in the collateral file of a note deal. Scott shares what items are necessary for you and what other items are a bonus when you get them. He also discusses the need for you to look through the servicing notes, hardship letters, original financials, loan application, and other documents that might shed some light...

In this episode of the Note Closers Show, Scott Carson breaks down the different ways for you to calculate the legal balance of a note when that information is not provided on the tape or spreadsheet. Scott shares how to calculate the number of months behind and how to figure the amount past due plus late fees and what else you can add to the unpaid principal balance when comparing that to market...

In this episode of the Note Closers Show, Scott Carson shares his favorite ways to network in the new year. Scott shares how he leverages real estate clubs, Meetup groups, BNI.com and online groups in Facebook and LinkedIn to help him network with like-minded individuals. He also discusses why January and February are always the busiest and most productive months to attend networking events as eve...

On this episode of the Note Closers Show, Scott Carson talks with stock market investor and entrepreneur Brian Feroldi about his book and theories on why the stock market always goes up over time. Brian shares his strategies, wins, and losses and what it takes to be a stock investor in today's up and down markets. Watch the original video HERE! Check out Brian's book HERE! Brian Feroldi is a finan...

In this episode of the Note Closers Show, Scott Carson shares a recent coaching call with real estate investor and student, Calvin Ewing. Cal recently had a bid on a performing note in Port Arthur, TX approved at a decent discount below UPB on a performing note. Scott and Cal break down the numbers behind the deal, what red flags Cal needs to look for, and expected returns depending on if the borr...

In this episode of the Note Closers Show Podcast, Scott Carson shares why it is so important for real estate professionals to share their experiences and case studies to find buyers, sellers, and funding sources.  Scott discusses the power of sharing case studies and previous deal flow for existing professionals and why new investors need to start sharing deals that they are reviewing or working o...

In this episode of the Note Closers Show Podcast, Scott Carson shares several ways that licensed realtors can leverage their license, experience, and access to the MLS (Multiple Listing Service) to find deals ahead of traditional real estate investors.   Scott shares how realtors can use the MLS to research upcoming foreclosures for potential note deals, expired listings for subject-to-deals, and...

On this episode of the Note Closers Show, Scott Carson interviews Reena Friedman Watts from Mega Watts Production. Reena shares her background and her entrepreneurial journey from production assistant on the Jerry Springer show to where she is today. She shares the valuable lessons that she has learned along the way and why it's important for people to identify opportunities in their current caree...

On this episode of the Note Closers Show, Scott Carson shares a recent note deal that a student approached him with on the best way to work with a distressed borrower who was also elderly. Scott discusses the different strategies that note investors face and how this borrower might be the perfect fit for a reverse mortgage that pays off the underlying debt and gives the borrower some cash or month...