In this Story episode, Scott Carson joins us to explain everything we need to know about notes. Note investing is the process of purchasing debt. To some, this might sound risky and uncertain but there’s a simple and sexy way to look at it. Scott brings his expertise to tell us how we can find success in this niche. Join us and listen in!

Scott Carson is a highly sought-after guest and host of the popular podcast, the Note Closers Show. An active entrepreneur, he is an expert in real estate investing, marketing, and podcasting. He speaks regularly at different events and industry conventions focused on real estate, marketing, and podcasting. He also helps thousands of investors and entrepreneurs each year create wealth through his debt buying classes, podcasts and coaching. A regular podcast guest, he was recently named the #4 Entrepreneur to Follow in 2002 by US News Reporter Magazine. An avid sports fan, he spends his free time traveling, gardening, and making memories. He calls Austin, Texas home.

[00:01 – 09:09] Finding a Niche in Notes

• From being laid off to becoming a distressed borrower
• Getting in the notes business and buying billions of dollars in distressed debt
• Sharing his journey and educating investors

[09:10 – 30:14] Note Investing Explained

• Everybody is already in the note business
• Understanding the different types of notes
• The rewards of buying non-performing notes
• Using servicing companies to connect with the note owner
• How do you buy notes?
• You don’t own the real estate, you own the debt
• Now is a great time to buy notes

[30:15 – 32:24] Building Relationships

• Making 50-200 phone calls a day and going door-to-door to banks when he was starting out
• Doubling down on outreach to find opportunities

[32:25 – 36:48] Closing Segment

• Connect with Scott!
• Head over to noteweekend.com and use the code Taylor to join Scott’s one-day class for FREE!

Tweetable Quotes:



“Everybody's already in the note business, whether you got a mortgage, a car, credit card, student loan debt… But you're on the wrong side of the payment stream. And you want to be on the receiving side of payments.” - Scott Carson

“There are some risks if you approach it like a real estate investor that ‘I'm going to pay like  normally do as a real estate investor,’ you're going to get burned because you don't own the real estate, you own the debt.” - Scott Carson

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Socials and Links

Connect with Scott on the We Close Notes website.

Listen to their podcasts, Note Night In America and The Note Closers Show. Join Scott’s one-day class for FREE using the code Taylor at noteweekend.com!

Be sure to check out PassiveInvesting.com to learn how to build wealth through real estate!

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