Scott Carson is a CEO of We Close Notes; Texas-based real estate investment company that focuses on buying pools of distressed assets on residential and commercial properties direct from banks and hedge funds. He is also a featured speaker and educator at dozens of investment clubs and real estate workshops across the country. Scott has been in the mortgage, finance, and banking industry since 2001 and an active real estate investor since 2002. He has been actively buying notes on residential and commercial properties since 2005 and that is the topic of today’s show.Scott is really knowledgeable in this area of the business, so listen carefully and make sure to implement some of the strategies that he talks about!

We Close Notes - www.weclosenotes.com

Show Notes:

00:00 – 01:36 Introduction

01:36 – 03:32 How Scott started working with non-performing notes?

03:32 – 06:11 Performing vs. Non-performing notes

06:11 – 08:15 Scotts funding and exit strategies

08:15 – 13:25 Working with banks  

13:25 – 14:47 How to get the lists?

14:47 – 15:45 Making an offer

15:45 – 17:55 How to maintain properties?

17:55 – 19:58 Scotts predictions for the market

19:58 – 22:17 How to work with Scott

22:17 – 24:40 We Close Notes

24:40 – 28:25 Social media marketing

28:25 – 29:47 The Note Closers Show  

Florida licensed attorney since 1998, practicing in the areas of commercial and residential closings. In 2001, he worked for a firm specializing in representing lenders in residential foreclosures, evictions, bankruptcy and title insurance issues. In 2004, formed Shawn M. Yesner, P.L. to protect homeowners and real estate investors in all aspects of foreclosure and bankruptcy. He recently left the practice to again go on his own and provide individualized service to his clients and referral sources.

Shawn M. Yesner – www.yesnerlaw.com

Crushing Debt Podcast https://itunes.apple.com/us/podcast/crushing-debt-podcast/id1056217582?mt=2

Show Notes:

00:00 – 05:56 Introduction

05:56 – 11:30 Foreclosure

• Sanctuary Foreclosure
• Judicial Foreclosure

11:30 – 17:11 Bankruptcy

17:11 – 21:14 Subject to deals

21:14 – 24:26 Main mistakes that new investors do

24:26 – 31:36 Credit resurrections.

31:36 – 36:10 Damage to your credit after bankruptcy

36:10 – 41:00 Landlord/homeowner, tenant, and bankruptcy

41:00 – 47:13 Land trust

47:13 – 50:28 How investor can take title to the land trust?

50:28 – 55:57 Process of changing the title

55:57 – 59:45 How to find a quality attorney?

59:45 – 66:19 Crushing Debt Podcast

66:19 – 69:04 Contact information

Joseph is a multifamily investments specialist. Leading group acquisitions of over $11MM in real estate and providing asset management services to a portfolio of 156 units with 97 additional units currently under contract and growing. Joseph began his real estate investing back in 2005, when he purchased with his wife Rita their first investment property in Israel. In 2007 Joseph & Rita relocated to Plano, Texas and in early 2008 started their US real estate investment journey with the purchase of a duplex in Plano. Since then they grew their portfolio and strengthened their equity positions in multiple single family properties and this is the main focus of this episode. If you are interested in growing your business and making a leap in apartment business you will find a lot of useful information in this episode. EBG Acquisitions – www.ebgacquisitions.com

Show Notes: 00:00 – 02:46 Introduction 02:46 – 05:40 When is the time to make leap in a bigger game? 05:40 – 08:35 The first apartment deal 08:35 – 10:12 Working with brokers 10:12 – 13:50 Size points. Number of units. Equity. 13:50 – 18:18 Valuing deals 18:18 – 21:40 Profit centers in an apartment business. 21:40 – 25:11 Calculate rent rates 25:11 – 27:07 Inspecting units 27:07 – 28:42 Option and earnest money 28:42 – 30:48 Financing deals 30:48 – 38:28 Join ventures. Syndication structure. 506(b) and 506(c) 38:28 – 40:39 The best way to fund a deal 40:39 – 43:45 Exit strategies 43:45 – 44:57 Typical time frame from start to finish if you are buying apartments 44:57 – 48:13 Good indications related to location 48:13 – 51:02 Dallas market 51:02 – 55:37 Property management process 55:37 – 58:36 Contact information

On today’s show we have a well-known person in real estate world, Larry Goins! Larry is a real estate investor, entrepreneur, CEO, author, educator and on top of everything incredible person! He is been investing in real estate for over 20 years. Larry is an active real estate investor and travels throughout the United States speaking and training audiences at conferences, expos, and Real Estate Investor Associations on his strategies for buying and selling houses. He has also written several books on real estate investing that are available wherever books are sold. This man has deep and wide knowledge of the industry, so we decided to focus on his Filthy Riches strategy in this episode. Listen carefully, there are many things to learn from this interview.

Larry Goins – www.larrygoins.com

Filthy Riches – www.filthyriches.com

Private Investors Only - www.investorsrehab.com

Show Notes:

00:00 – 03:03 Introduction

03:03 – 05:21 Filthy Riches philosophy

05:21 – 07:42 Filthy Riches marketing strategy – go wide

07:42 – 09:50 Double wide mobile homes

09:50 – 12:34 Filthy Riches process

12:34 – 14:21 Finding buyers

14:21 – 19:26 Exit strategies

19:26 – 25:25 Land contract vs. owner financing strategy

• Land contract note vs. owner financing note

25:25 – 26:11 Note buyers list

26:11 – 28:51 Structuring loans

28:51 – 33:58 Funding deals

33:58 – 36:20 How to learn from Larry?

36:20 – 38:07 Inspection process

38:07 – 41:40 What if you need to take property back?

41:40 – 43:26 Contact information

Nick Raithel is the creator of the 7-Hour Book. His system allows entrepreneurs and investors to get their own professionally published book in only 7 hours of their own time on the book. Using Nick’s strategy you will get recognition and attention that you need to grow your business and gain your customers trust.

7-Hour Book - www.contentcorps.net

Show Notes:

00:00 – 03:15 Introduction

03:15 – 05:48 7-Hour Book process

05:48 – 09:10 How this strategy is different from ghostwriter?

09:10 – 11:31 The first of seven calls

11:31 – 13:44 How does interview process work?

13:44 – 16:07 Main promotional techniques that Nick’s team uses

16:07 – 18:21 Process of writing the book. Length, promotion, publishing.

18:21 – 25:33 The best way to get the book in front of a customer?

25:33 – 28:10 Is there an option for an audiobook?

28:10 – 29:10 How long does it take to get the book?

29:10 – 31:35 Design of book cover

31:35 – 34:12 Lowering the cost of the book

34:12 – 37:46 You do not need a groundbreaking idea to write a book

37:46 – 40:04 Contact information         

Wayne Snell is a managing director of Platinum Ventures. Texas-based private real estate investment company focused on buying and selling performing, re-performing and non-performing real estate notes to produce above-average, safe and consistent returns for our joint venture partners and private investors. Wayne is really smart and knowledgeable man who shared with us a ton of valuable information on this episode. This is the first time that we have this kind of in depth conversation about notes, so tune in and pay attention there are many things to learn.

Wayne Snell -         [email protected]

469 587 9050   

Platinum Ventures -     www.platinumventures.net   

Show Notes:

00:00 - 02:34    Introduction

02:34 - 03:56    What is a note?

03:56 - 05:52    How Wayne transitioned in owner financing?

05:52 - 13:35    Classification of notes. How to buy them?

• Performing notes
• Non-Performing notes

13:35 - 15:35    Good note for purchase

15:35 - 17:21    Funding properties

17:21 - 19:55    Why Wayne branches into slower markets?

19:55 - 24:19    Exit strategie

24:19 - 27:40    Working with residential mortgage loan officers

27:40 - 29:34    How Wayne create cash flow?

29:34 - 32:21    Pricing notes

32:21 - 37:50    Judicial vs non-judicial states

37:50 - 41:15    Partnering with Wayne

41:15 - 45:03    Wayne’s advice

Adrian Nez is an entrepreneur and a real estate investor who loves to share tips and insights with intention no help other entrepreneurs build their business with effective online lead generation. He believes that building your business is about using the best online marketing tools to drive the right traffic to your website, and making sure you engage with your audience in a way that will maximize conversions. He is a true expert in a field of online marketing and he was generous enough to share a ton of his knowledge with us!   

Adrian Nez – [email protected]

www.AdrianNez.com

Investor Carrot - www.oncarrot.com

Show Notes:

00:00 – 01:36 Introduction

01:36 – 08:08 Why should investors learn and use online marketing?

08:08 – 12:54 Choosing and sticking to marketing strategy

• The investor who is willing to pay most to acquire customer is going to be the one that is going to win.

12:54 – 17:08 Generating leads, average cost

• What are you willing to pay to generate lead?

17:08 – 25:08 Power of consistency, SEO vs. PPC

25:08 – 28:53 Platforms for online marketing

28:53 – 34:55 Converting leads when you use online marketing, website structure

• Balance user experience and SEO

34:55 – 38:42 Opt-in page, text message or call?

38:42 – 44:06 Retargeting

44:06 – 47:30 Optimization for mobile devices

47:30 – 51:54 Long-tail keywords, multiple keywords per page

51:54 – 55:15 Duplicate content

55:15 – 59:31 Ranging your website  

• Importance of backlinks

59:31 – 63:02 Learn frustrating things related to your business

63:02 – 66:21 What Adrian can help you with?

66:21 – 70:23 Advices from Adrian

70:23 – 72:01 Contact information

As Private Money Consultant, Scott and his team help real estate investors secure funding for their non-owner occupied investment properties all over the USA. They have private money lenders that will fund deals fast and with lowest rates and fees.Scott transitioned in the private money from wholesaling business. So his knowledge is wide and deep. He shared with us a lot of great strategies for financing deals and I am sure that many new investors will benefit hugely from this episode.

USA Private Money – www.usaprivatemoney.com

480 372 8081

Show Notes:

00:00 – 02:20 Introduction

02:20 – 06:37 Hard money loan process

• Fast money vs. Smart money

06:37 – 13:14 Qualification for the loan

• Private Money Consultant
• Front fee
• Transaction Coordinator
• Closing Coordinator

13:14 – 17:20 Example of $ 100 000 loan

17:20 – 20:30 Appraisal

20:30 – 23:22 Inspection process

23:22 – 29:26 Financing low-price properties  

• Mobile homes, Condos, Single Family, etc.

29:26 – 31:15 Owner financing strategy

31:15 – 34:10 Private Money 360

34:10 – 36:31 Retirement accounts

36:31 – 39:02 Long term rental loans

39:02 – 41:31 Refinancing

41:31 – 51:17 Credit lines

51:17 – 53:17 How important is income and credit score?

53:17 – 55:36 Checkups

55:36 – 62:05 Contact information    

Jawad Dashti is a high-level real estate entrepreneur from Dallas Fort Worth Texas who at just age 33 has created generational wealth through cash flowing assets. His portfolio is made up of single-family rentals, condos, and apartment buildings. He is also known for his company Too Dash Homebuyers. Jawad set personal record wholesaling houses in 2017 and is optimistic for the future. We go over how he was able to take transactional income from flipping and wholesaling houses and putting this money into cash flowing passive income assets to build wealth.

Jawad Dashti – 469 970 9470

TooDash Properties - www.facebook.com/TooDashProperties

Show Notes:

00:00 – 02:20 Introduction

02:20 – 05:19 Jawad’s first deal

05:19 – 06:46 Wholesaling

06:46 – 07:17 Financing rentals

07:17 – 10:53 Marketing and follow up strategies

10:53 – 13:35 Marketing budget for someone who is starting wholes business

13:35 -15:02 Subject to deals

15:02 – 16:14 Apartment buildings

16:14 – 21:02 Houses vs. apartments

21:02 – 28:15 Condos and townhomes

28:15 – 30:01 Owner financing

30:01 – 33:36 Structuring offers

33:36 – 34:34 How you can reach Jawad?

34:34 – 38:36 Social media marketing    

Adam Adams is a creative real estate investor, a podcaster, and a meetup group organizer. He has dealt with tax deeds, private money loans, land, condos, and several fix & flips. Right now Adam and his BlueSpruce partners are focused on purchasing more multi-family apartment buildings around the U.S. through syndications. Adam shared with us basic related to apartment building investing. It is different and definitely more complex, however, it is a great opportunity for scaling and brunching your business.  

Adam Adams – [email protected]

BlueSpruce Holding - www.bluespruceholdings.com

Real BlueSpruce - www.realbluespruce.com

Show Notes:

00:00 – 03:40 Introduction

03:40 – 07:55 Why Adam’s team choose Texas and which markets are the main focus

07:55 – 09:47 Process of inspection

09:47 – 12:25 Calculating repairing cost

12:25 – 13:40 Cap rates

13:40 – 15:15 Properties classification

15:15 – 19:13 DFW market

19:13 – 22:20 Structuring a deal

22:20 – 25:18 Bank loans and financial analysis

25:18 – 31:15 Expenses when you work with apartment buildings

31:15 – 32:26 Preparation on a backside     

32:26 – 35:08 Contact information