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Thinking about offering owner financing on your investment property? Before drafting terms or skipping professional oversight to save a few hundred dollars, make sure you aren't creating unsellable paper. Welcome back to The Note Closers Show! In this candid, straightforward episode, host Scott Carson breaks down the common pitfalls real estate sellers face when originating owner-financed notes without professional help.
Scott addresses a recent inquiry regarding attorney referrals for owner financing, detailing why every seller must structure their paper as if it will be sold on the secondary market. He highlights the necessity of using a Licensed Residential Mortgage Loan Originator (RMLO) to properly qualify buyers, evaluate debt-to-income (DTI) ratios, verify credit scores, and align with state compliance standards. Learn why under-market interest rates, low down payments, and missing third-party loan servicing can reduce note values, and discover the exact steps needed to build compliant, high-yielding mortgage paper from day one.
Key Topics Covered:
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Don't let short-sighted origination choices ruin your paper's secondary value! Subscribe, leave a 5-star review, and share this episode with a seller looking to structure owner financing correctly.Â
Watch the Original VIDEO HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
Thinking about buying a cheap junior lien or a 5th position real estate note? Think twice before you put your money at risk! In this public service announcement episode of The Note Closers Show, host Scott Carson breaks down why investing in junior liens—especially 3rd, 4th, 5th, or 6th position notes—is one of the fastest ways to get wiped out in real estate.
Scott shares real-world horror stories from the trail, including how an investor in Los Angeles got suckered into a 6th lien position behind $900,000 of underlying debt, and how an overconfident auction bidder dropped $15,000 on a 2nd lien without checking title—leaving him responsible for a $180,000 senior mortgage. Scott explains the foreclosure mechanics of senior vs. junior debt, why bankruptcy courts strip encumbered junior liens, and why focusing exclusively on non-performing first liens is the safest, most profitable strategy for real estate investors.
Key Topics Covered:
Connect & Scale Your Portfolio:
Stop chasing low-quality, high-risk junior debt! Subscribe, rate, review, and share this episode with an investor who needs a reality check on title due diligence!Â
Watch the Original VIDEO HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
When evaluating seasoned non-performing notes, thorough due diligence is the ultimate line of defense. Welcome back to The Note Closers Show! In this episode, host Scott Carson breaks down a fascinating case study involving a defaulted Debt Service Coverage Ratio (DSCR) investor loan in Houston, Texas. What initially appeared to be a standard non-performing note with an underwater balance quickly turned into a masterclass in uncovering potential deed fraud and unauthorized subject-to transfers.
Scott walks you step-by-step through the property metrics, initial DSCR valuation drops, and the exact red flags he spotted while auditing county tax and deed records. Learn how to examine suspicious general warranty deeds, detect copy-pasted PDF signatures, spot out-of-state notary discrepancies, and identify improper legal language like lis pendens in non-judicial foreclosure states like Texas. Plus, Scott outlines his exact bidding strategy—offering $194,000 (65% of as-is value) on a $300,000 property—and details how to leverage cash-for-keys or legal pressure to resolve title defects and capture a projected 25% annualized return.
Key Topics Covered:
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Don't let title complications scare you away from high-yield deals—learn how to spot the red flags and profit from problem properties! Subscribe, rate, and share this episode today!
Watch the Original VIDEO HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
Looking for real-world case studies on non-performing notes with massive equity? Welcome back to The Note Closers Show! In this episode, host Scott Carson breaks down a high-equity, low-LTV non-performing note deal in Conroe, Texas. Scott walks you through the initial evaluation, bidding numbers, foreclosure returns, and the exact exit strategies considered for this $90,000 cash-out refi first lien.
Scott breaks down the math on a ĺ››-bedroom, 3,600 sq. ft. home valued around $500,000 with an unpaid principal balance under $89,000 (roughly 18% LTV). He explains why an 80% UPB bid ($71,100) made mathematical sense, how foreclosure or hard-money refinance options would yield a 33%+ annualized return, and what happens to your yield if a borrower files Chapter 13 bankruptcy or enters a loan modification. Scott also shares why he ultimately lost the deal to a whole-tape buyer and outlines the key lessons every investor should know when bidding on multi-state asset pools.
Key Topics Covered:
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Don't miss out on valuable market breakdown episodes—subscribe, rate, review, and share this video with a fellow investor today!
Watch the Original VIDEO HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
Happy Halloween season, real estate investors! In this special, fun, and eerie episode of The Note Closers Show, host Scott Carson takes a break from standard market metrics to dive into the dark, weird, and macabre side of buying distressed property. Having evaluated thousands of defaulted notes, HECM reverse mortgages, probate estates, and vacant REO properties over his 25 years in real estate, Scott has seen—and felt—some truly unbelievable things.
Join Scott as he recounts hair-raising due diligence stories from across the country. From catching a clear shadow figure on camera during a walkthrough in Corsicana, Texas, to discovering deceased borrowers, abandoned military homes, and hidden storm shelters in Oklahoma, this episode covers the eerie reality of stepping into properties left untouched for years. Scott also breaks down his favorite ghost-hunting apps (like the Ovilus and Deadline app) and shares personal paranormal encounters while traveling to famous haunted hotspots like the Omni Parker House in Boston, the Stanley Hotel in Colorado, the Andrew Jackson Hotel in New Orleans, and the Whaley House in San Diego.
Key Topics Covered:
·       The Reality of Distressed Real Estate: How buying non-performing debt, HECM reverse mortgages, and probate properties naturally leads investors into vacant, spooky, and untouched homes.
·       The Corsicana Shadow Figure: A chilling story of a student conducting a daytime walkthrough in Texas who caught a distinct shadow figure on camera after feeling a sudden burst of wind.
·       Eerie Discoveries During Due Diligence: Uncovering deceased borrowers during lock-changes in Ohio, abandoned military keepsakes in Oklahoma City, and mysterious underground rooms in Sapulpa.
·       Paranormal Tech on Property Walks: Utilizing tools like EMF meters, the Ovilus app, and the Deadline app to track energy, names, and responses on property inspections and cemetery visits.
·       Haunted Hotel & Ghost Tour Encounters: Scott’s firsthand experiences at famous historic sites, including hair-touching incidents at the Stanley Hotel, missing boots at the Andrew Jackson Hotel, and sink anomalies at the Amelia Earhart Tavern.
·       Upcoming Investigation Preview: An insider look at Scott's upcoming overnight ghost investigation on the unfinished 2nd floor of the historic Magnolia Hotel in Seguin, Texas.
Do you have a spooky real estate story or an eerie experience on a walkthrough? Drop a comment or reach out directly to share your haunting tales—and make sure to subscribe and leave a 5-star review!
Watch the Original VIDEO HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
Are you tired of waiting weeks for custodial approval while lucrative real estate and note deals slip through your fingers? Welcome back to The Note Closers Show! In this power-packed episode, host Scott Carson sits down with Travis Rhodes from Safeguard Advisors to break down the game-changing power of Checkbook Control Self-Directed IRAs (SDIRAs) and Solo 401(k)s.
If you are looking to truly "become the bank" and gain total control over your retirement capital, this interview delivers a masterclass on alternative asset investing. Travis explains how setting up an IRA-owned LLC or trust eliminates slow custodial red tape, ongoing transaction fees, and delayed wires—allowing you to write checks or send wires directly to title companies, sellers, or note issuers in real time.
Scott and Travis explore the crucial differences between standard brokerage IRAs and true alternative asset accounts, current contribution limits, rollover procedures, and essential IRS guardrails. From navigating disqualified persons and avoiding prohibited transactions to leveraging Solera National Bank's non-recourse lending options, this episode gives you the exact blueprint to deploy retirement funds safely, quickly, and tax-efficiently. Tune in, take notes, and take charge of your financial future today! Â
Key Topics Covered:
Connect with Safeguard Advisors & Scott Carson:
Stop letting idle retirement funds sit on the sidelines—get your checkbook control structure set up today and be ready to fund your next deal in hours, not weeks!
About Travis: Travis Rhodes is the Business Development and Operations Manager at Safeguard Advisors, where he focuses on educating investors, financial professionals, and business owners about self-directed retirement accounts and alternative investing. Through strategic partnerships, educational content, and industry outreach, he helps individuals understand how to use Self-Directed IRAs and Solo 401(k)s to invest beyond traditional Wall Street assets while navigating the responsibilities that come with self-directed investing.
Watch the Original Video of this Episode HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
Building a successful real estate portfolio or growing a scalable business requires more than just making money—it demands robust asset protection, proper entity structuring, and staying ahead of technological shifts. Welcome back to The Note Closers Show! In this power-packed episode, host Scott Carson sits down with longtime friend, entrepreneur, and CEO of Laughlin & Associates, Aaron Young. With over 40 years of entrepreneurial experience and 55 years of company history backing him, Aaron shares vital strategies on how investors can protect their hard-earned assets and scale efficiently.
From maintaining your corporate veil and keeping proper corporate minutes to leveraging AI pragmatically without compromising your core business knowledge, Aaron delivers actionable legal and operational wisdom. Learn the common mistakes entrepreneurs make with cheap entity setups, how to navigate the changing landscape of AI, and why surrounding yourself with expert advisers is the fastest path to long-term wealth preservation. Plus, get an exclusive preview of the upcoming Magnify Your Wealth event in Dallas, Texas, where investors can get one-on-one access to top legal, financial, and real estate experts. Tune in, take notes, and start building a bulletproof foundation for your business today!
Key Topics Covered:
Connect & Scale Your Portfolio:
Don't leave your hard-earned real estate assets vulnerable to legal challenges—take action today to review your corporate minute books, get your legal entities in order, and build a lasting business legacy!
Watch the Original VIDEO HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
Are you getting run in circles by middlemen who claims to have "exclusive" note tapes, but demands proof of funds before you can even see real property addresses? Welcome back to another episode of The Note Closers Show! In this episode, host Scott Carson dives into a topic every real estate investor needs to master: how to spot, avoid, and push back against "Joker Brokers" in today's market.
When a new WCN community member updated his LinkedIn profile to showcase his transition into note buying, he was instantly targeted by a broker slinging recycled tapes. Scott pulls back the curtain on how these unlicensed middlemen operate—from stealing seller spreadsheets and slapping their own logos on them to charging extra points and creating frustrating daisy chains. Scott shares practical, actionable tactics to vet note sellers, conduct quick digital forensics on Excel spreadsheets, verify true proof of funds, and protect your time while building authentic, direct-to-seller relationships.
Key Topics Covered:
Don't let unlicensed middlemen waste your precious time or steal your profit margins! Stand your ground, verify your sources, and deal directly with true asset managers. Make sure to subscribe, leave us a 5-star review, and share this episode with an investor who needs a reality check on deal flow! Book a call with Scott at TalkWithScottCarson.com to learn more!Â
Watch the Original VIDEO HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
Welcome to your official October 2026 Texas Foreclosure Update! As we step into the fourth quarter, the Lone Star State is experiencing a massive shift in distressed property filings. Total foreclosure filings across Texas have jumped to nearly 5,100 properties set to go to auction on the first Tuesday of October—marking a staggering 21% increase over September. Whether you're tracking residential deals or seeking out commercial distressed debt, understanding these shifting numbers is essential to securing profitable investment opportunities.
In this episode, Scott Carson breaks down the data across major Texas markets. We look at regional commercial shifts across Central, East, North, South, and West Texas, along with county-by-county residential spikes in high-volume regions like Harris, Bexar, Dallas, Tarrant, Travis, and Williamson counties. Beyond the raw stats, Scott shares actionable strategies for evaluating defaulted paper, sourcing lists, and leveraging key investor tools to capture high-margin deals before the end of the year. Stick around until the end to discover how to claim a 7-day free trial for foreclosure databases, grab registration discounts for major upcoming live events, and sign up for two-day virtual training designed to elevate your note investing portfolio!
Key Topics Covered:
Don't let the Q4 market expansion pass you by—take time to review these numbers, leverage these data tools, and position your portfolio for serious growth!Â
Watch the Original VIDEO HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
As the fourth quarter kicks off, real estate investors face a unique window of opportunity created by market shifts, rising mortgage rates, and seasonal changes. Welcome back to another episode of The Money Monday Coaching Call! In this actionable session, Scott Carson breaks down how to strategically navigate Q4 to position your real estate portfolio for long-term growth and high-yield returns. Instead of reacting to current market conditions, learn how to turn the final months of the year into a 14-month planning launchpad that sets your business up for dominance well into next year.
Scott shares actionable techniques for locating and evaluating short sale listings and non-performing mortgage notes before they hit the open market. Walk step-by-step through a live real-world case study in Conroe, Texas, exploring how to analyze unpaid principal balances, evaluate property equity, handle potential bankruptcy scenarios, and make aggressive bids that yield double-digit returns. From leveraging virtual assistants for market research to mapping out your holiday schedule, marketing calendar, and networking events, this episode is packed with practical wisdom to keep your capital working hard. Tune in, take notes, and finish the year strong!
Key Topics Covered:
Connect & Scale Your Portfolio:
Stop letting seasonal slowdowns dictate your investment trajectory—take action today, get your marketing calendar locked in, and we'll see you all at the top!Â
Watch the Original VIDEO HERE!
Got Questions? Book a Call With Scott HERE!
Connect with Scott on LinkedIn here!
Use Scott's AI Clone HERE!
From the publisher's feed
Alright, y'all listen up! Saddle up for "How to Invest in Austin Real Estate," the bi-weekly podcast where we spill the brisket on investing in Central Texas real estate! 🤠Hosted by Scott Carson…
Each week you’ll gain valuable knowledge from Scott and his group of real estate investing friends, designed to help you take your real estate investing to a whole new level of success. You’ll find out what’s working and not working in the Austin market and how you can avoid making costly mistakes.Â
What You'll Get:
Scott Carson: A Real Estate Journey
Scott Carson's journey as a real estate investor for over 20 years in the Lone Star State started with him buying his first home in Round Rock, TX. A graduate of Southwest Texas State University in San Marcos, Scott has called Central Texas home for over two decades. He has bought, sold and invested millions in the area while also helping thousands of other investors invest in Central Texas. His experience and insights as a mortgage broker, banker, and distressed mortgage expert will help you find the deals while avoiding the duds. Whether you are a native Texan, or looking to move to the Austin area, this is the podcast to help you buy your first home or add to your investment portfolio!
Join us as we dissect the hottest topics in:
Ready to become an Austin real estate mogul? Let's ride! 🚀