The Note Closers Show Podcast

$100K Profit - From Note to REO: Cal Ewing's Six-Figure Success Story


Listen Later

Welcome to the newest episode of The Note Closers Show! This week, Scott Carson welcomes back Cal Ewing to discuss his first six-figure deal - a non-performing note in Round Rock, Texas that transformed into a REO success story. Cal shares invaluable insights on note investing, working with private lenders, and turning lemons into lemonade.


Key Discussion Points:

  • Deal Overview: Learn about the property, the borrower's situation, and the initial note purchase from a hedge fund at 63 cents on the dollar.
  • Exit Strategy: Discover how Cal used a deed in lieu of foreclosure, providing the borrower with $75,000 to relocate to an assisted living facility.
  • Private Lending: Understand how Cal leveraged a private lender in Utah to fund both the note purchase and subsequent rehab.
  • Rehab Process: Gain insights into the $53,000 rehab, including a new roof, and Scott's hands-on assistance to keep costs down.
  • Legal Considerations: Learn how Cal navigated IRS liens and judgments on the property.
  • Insurance Claim: Understand how the team worked on the forced place insurance on the property.
  • ROI: Discover the impressive 72% annualized ROI Cal achieved in just eight months!
  • Mentorship: Learn about the importance of mentorship in note investing and getting coaching from someone that is doing what you're trying to do.
  • Actionable Advice: Learn how taking action daily can allow you to reach your financial goals.


This episode is packed with actionable advice for note investors of all levels. Cal's story highlights the power of mentorship, creative problem-solving, and a commitment to helping borrowers. Tune in to learn how to turn non-performing notes into win-win situations.


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
  • 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 Close Notes Pinterest

Get Signed Up For the Next Note Buying Workshop HERE!

...more
View all episodesView all episodes
Download on the App Store

The Note Closers Show PodcastBy Scott Carson

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

196 ratings


More shows like The Note Closers Show Podcast

View all
The Clark Howard Podcast by Clark Howard

The Clark Howard Podcast

5,414 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,794 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,853 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

609 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

983 Listeners

ChooseFI by ChooseFI

ChooseFI

5,088 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

521 Listeners

The Note Investor Podcast by Dan Deppen

The Note Investor Podcast

27 Listeners

Real Estate Notes Show - By JKP Holdings by JKP Holdings LLC

Real Estate Notes Show - By JKP Holdings

3 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,837 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

321 Listeners

On The Market by BiggerPockets

On The Market

898 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

839 Listeners

BigDeal by Codie Sanchez

BigDeal

748 Listeners

The David Greene Show by David Greene

The David Greene Show

695 Listeners