The Note Closers Show Podcast Vol. 1

Buying a note is not only a single transaction and then everything is done. It has to go through some before and after preparations, most especially when it comes to paying. Many people tend to forget this and fail to put in some important calculations. Scott breaks down some of the costs associated with your upfront due diligence, along with back-end costs to your note deal once you’ve purchased...

Everybody makes mistakes. Those who are smart learn from others. Scott breaks down the ten biggest marketing mistakes that he and other real estate investors are making with their marketing. He gives out some great advice along the way that will also help you overcome them. Covering marketing mishaps from emails and video thumbnails to plagiarism, you’ll find how much you can actually improve how...

It might seem counterintuitive to have a note nap time within your day. Yet as much as we doubt it, we have been experiencing this since our kindergarten years. Scott discusses the value it brings even up to now in your business by way of scheduling. He breaks down the importance of organizing your schedule and owning it. Not only will it make you feel better, it will also bring about more product...

Society tends to tell us that we can’t always get what we want. This has been so embedded that we close ourselves off from pursuing a greater and bigger life. Showing us that we can actually do that, Scott interviews Kelly Resendez of BigVoicesRise.com about entrepreneurship and how entrepreneurs (both male and female) can give themselves a bigger voice in the market. Kelly gives us some wisdom fr...

It’s the second to the last month of the year. This does not only mean that the year is almost ending, it is also about the final stretches we are about to take to prepare for the next. Scott breaks down some of the things that you should be doing in the fourth quarter of the year to help you capitalize on the New Year. Learn as you equip yourself the knowledge of reaching out to investors, creati...

A lot of people are looking to invest at something. However, the California, Oregon, Washington state, Arizona, or Nevada markets are overpriced for the most part. That’s not saying you can’t find something that makes sense, but for the normal note investor, those markets are a little overpriced and just don’t seem to make sense. You could actually buy a load of assets across the country and total...

We’re in a very unique period of time right now, but there are still markets out there that you should be looking at that you should be investing in. As we’re starting to see even inventory back into the sheriff sales, Tom Olson thinks it’s better to be more centrally located and building the communities is going to be way more important in the next 10 years than it was in the previous 50 years. S...

Don’t be stuck on one-deal source. Don’t get stuck on just one person, one bank, or one hedge fund providing deals. Go out and develop other relationships and other lead sources, because it may not pay immediately, but the moment one faucet shuts off, you will be able to reach over and turn another faucet on to help you feed your business. Scott discusses how we are all one source away from expand...

Where do you see yourself in the next three years? Where are you growing? How are you? More so, what’s guiding you down the line? Think about this now. Take a look at where you want to be in the next three years and start to visualize it. What would you do if money was not an issue? Describe it. Many of us don’t do this enough on a regular basis. We all get bogged down with paying bills, running f...

When you’re speaking at a conference or an event, you want to make it worth the audience’s time and make sure you walk out with some great students. The biggest thing you can do is just do the right things – show up early, play full tilt, and be respectful. You will often find that you’ll turn any event into something amazing that a lot of other speakers or attendees won’t get because they don’t p...

Back in 2012, the JOBS Act was passed. What we have seen happen is that more people are now advertising for investors because there’s a couple of different rules that allow you to advertise for investors. One of those rules is 506c which allows you to raise money from accredited investors only. You can do general solicitation, but you have to verify that those investors that are coming in your dea...

With the world getting smaller and smaller, it has become inescapable to feel overwhelmed. Especially for entrepreneurs, we tend to get bombarded with so many emails and events to go over and attend to. Adding to that pressure is the closing of the year where things seem to pile up more and more, and even attaining goals become desperate. On this Note Closers Show, Scott breaks down your calendar...

A lot of people going from working a job and chasing the entrepreneurial dream are starting to become leaders in their industry, whether they’re just starting off or they’ve been in it for a while. However, there are also those who face big hurdles in identifying who they are and getting their message out. They don’t take action because they struggle with making everything perfect before they take...

Oftentimes, people are asking the sellers what they’re looking for. However, a lot of sellers don’t want to give a price point because they don’t want to price against themselves or they want to get the highest and best. If they don’t give you a true price, then check out the Stair-Step model which is a guide for pricing non-performing notes. On this episode, Scott breaks down some of the pricing...

The internet has made it very easy to connect to people. Through social media, we now get to share stories with one another. This is very vital for entrepreneurs out there. It helps to know that it’s not as simple as posting a picture or a status. It all has to do with your ability to create a content that will speak to your audience. Scott talks with Elijah Whites from Serving Social about some o...

It’s almost the end of the year. Not only does that mean the holidays is coming, but it also means looking back and seeing the things we have accomplished. This can be quite daunting to do – to look back and find how we still have so much things to race forward to and achieve. More than that, the end of the year could mean a new beginning and into bigger and better goals. Scott discusses some of t...

Scott brings on Kristin Adam Gerst from Capricorn Mortgage Investments to discuss some of the things about buying, selling, and creating your owner-financed notes. They cover topics from interest rates to finding the right places to sell. Kristin shares some personal accounts while giving insights into how to handle buying and selling notes. She tackles credit scores as well as the structures abou...

Sometimes people want to do all the heavy lifting on their business credit profile that they are creating behind notes on credit card using their personal instruments. As a result, anytime they have to carry a balance, it hurts their personal credit profile. If you are one of these people, what this implies to your business is that you diminish your funding stability. Scott talks with Credit Sense...

Earning money can be quite challenging, so much so that we become anxious just thinking about it. As a result, we freeze and hesitate to take the next action. We find ourselves in this loop of procrastination. Finding the alignment of our feelings to money can be a good solution to move forward. Scott talks with master karma and anxiety healer, Abby Rohrer, on how entrepreneurs can increase their...

Most investors still find it hard to raise private capital. What they don’t know is there are actually a lot of ways you can do it, even in simple steps. Scott breaks down some of the easiest ways to find and connect with other real estate investors and private funding sources. He shares some tools and websites you can go to to begin such as Bigger Pockets, and shows how doing presentations to con...

On this topic of Money Mondays with Quest IRA, Scott talks with CEO Nathan Long about how to stay out of trouble with your self-directed IRA LLC and some things to do keep it clean. Proposing two major options, they delve deep into the trust and getting a 401(k). They also talk about a big announcement concerning Nathan’s company and the values they are about to bring to more people. Nathan shares...

Reaching your goals is all about setting numbers and hitting them. The same way we do every New Year, we create these visions and goals to reach and hit the mark. Taking it to the business aspect, Scott discusses the best way of planning your numbers in your note business. He talks all about the numbers you need to keep in mind to be guided on your future goals and moves. Scott gives the major poi...

The podcast scene has been gaining its popularity among entrepreneurs and business owners who want to become experts in their own fields. It has been a great tool to create connection with people while imparting knowledge at the same time. Giving newfound insights, Scott talks about some of the nuggets that he took away from the Austin New Media Summit podcasting event. He shares how one becomes a...

Scott talks with Fuquan Bilal from the NNG about the second lien market and other real estate opportunities. Fuquan is the company’s CEO, which stands with the principal mission of capitalizing on the growing supply of mortgage notes in the interbank marketplace. Showing his expertise, he talks about how there are so many ways you can earn money, delving more into trading, foreclosures, and more....

Scott talks with Rebecca Miller about the different self-directed employer retirement plans offered by Quest IRA. If there is someone who has this topic down, it is she. As one of the longest tenured employees at Quest IRA who joined the company in 2009, Rebecca currently serves as the Special Accounts Director, specializing in employer plans such as the complex Solo 401(k). Rebecca shares her jou...