The Best Of Scott Carson - Mastering the Art of Note Investing

When you look closely at the demographics, it is a safe bet that multifamily real estate will continue to be a lucrative property class for years to come. Exactly where and how do you find the best deals in this space? What should you look for in an investment deal? Chris Larsen, the Founder and Managing Partner of Next-Level Income, gives us some of his ideas on these questions. With over twenty years of experience in investing in and managing real estate, Chris knows his way around the industry. As you listen to him talk with Scott Carson on the show, don’t miss out on the very important nuggets he imparts and learn how you can take a slice on the lucrative multifamily space in the next decade.

Wondering how markets are faring through this pandemic? Let Scott Carson take you for a ride in his Note Nation Top 40 Tour, where he will be targeting and sharing info on the current residential and commercial real estate markets in these top 40 cities. He will also be sharing the current and future real estate investment opportunities in each city. In this episode, listen to what Scott has to offer with this virtual nationwide tour - and it’s all for free! Don’t miss this opportunity to get educated about the market situation from the East Coast to the West Coast and be one of the note investors who will thrive in this opportunity-ridden economy.

Self-storage businesses provide customers a secure space where they can store things they don’t need right now but can’t bring themselves to throw away. The average storage facility unit in America is around $90 a month, and it has become a big business with nearly 1 in 10 American households using one of about 50,000 facilities. On today’s show, Scott Carson talks with real estate investor Stacy Rossetti about her process for finding self-storage deals and her simple plan of making it easy to operate. Have you ever done a self-storage deal? Find out if it’s about time you do by tuning in to this episode.

If you're a veteran, you’re probably familiar with the VA loan. What you may not know, however, is that you can use the VA loan not only to buy a single-family home but a four-unit property and do some house-hacking. In this episode of the Note Closers Show, Scott Carson interviews Kevin Brenner from the Active Duty Passive Income Podcast about the VA loan and the power it offers military families and investors. Tune in to learn how you can buy up to a four-unit property where you can live in one and rent out the rest of the three and cashflow.

In this episode, I’m joined by real estate investor, entrepreneur, marketer and speaker, Scott Carson. Scott and his team specialize in buying non-performing discounted notes from banks and hedge funds, an investment vehicle which allows them to help borrowers and provide value to financial institutions. Note investing is a niche that will likely uptick over the next 6-12 months with everything that’s happening in the world and the growth of new consumer demands. 

Scott is the founder and CEO of We Close Notes. We Close Notes is an Austin-based, defaulted note buying company. They specialize in note-investing and finding non-performing notes on residential and commercial properties and purchasing these notes for their own portfolio. He is also a nationally syndicated radio host of the popular podcast, The Note Closers Show which has millions of listeners across 17 AM and FM radio stations and downloads across 130 countries. Scott is also an investor, entrepreneur, marketer and featured speaker and educator at dozens of investment clubs and real estate workshops across the country. He also hosts The Note Closers Show. 

Note investing requires a different mindset and perspective to everything else we know about real estate investing. It requires us to be more numbers focused, look beyond the emotional connection or “flip potential” of the property. With the right mindset and strategies, this can be a highly valuable skill to add to our set. 

Here is the direct link to your interview. http://kevinandfred.libsyn.com/how-to-get-on-the-right-side-of-note-investing-wscott-carson

Find out how Scott Carson of the Note Closers podcast went from being a distressed landlord to crushing it in note investing!

If you love what you are listening to, then make sure to check out the #1 podcast for note investors by listening to The Note Closers Show!

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"Legally Stealing" Notes: Expert Insights with Scott Carson

Intro

Ever heard of "legally stealing" assets? Tim Mai interviews Scott Carson, a non-performing note expert, unraveling unique real estate investment strategies.

Key Takeaways

• Why Notes? Banks need to offload distressed debt. Huge inventory exists from 2008-09.
• Better Pricing: Acquire assets at 25-50% of market value.
• Rehab the Borrower: Prioritize borrower reinstatement over property rehab.
• Market Cycles: Impact note pricing. Target emerging markets (Ohio, Michigan).
• Getting Started: Focus on marketing, build a social media presence & share you story. Act fast
• Flexibility: Be flexible with strategies when it comes to a borrower and be willing to try and modify the loan, even if that wasn't your original intention.
• The Numbers Game: Aim for 700-1000 deals/year. Average 10% offer acceptance.
• Teamwork: Success comes from collaboration, sharing resources, and being coachable.

Conclusion

Carson's approach offers a unique spin on real estate. Key is helping borrowers & acting fast. A niche waiting for experts to "legally steal" assets & make America great one mortgage at a time.

Are you having a problem generating your leads?

We Got you!

Today we have "The Note Guy", Scott Carson giving us tips on how to generate leads.

We will also tackle how to market locally.

Here is the direct link to your interview. https://podcasts.apple.com/us/podcast/lead-generation-tips-from-scott-carson-ep-193/id1473317866?i=1000480892595&l=nl

Nothing will be done by not doing anything, start now!

Hear it from the best!

Sit back, relax and, enjoy the show! Be ready to be F.I.R.E.D U.P!

Jason Hartman takes his place in the hotseat to talk about investing in pandemic times and the the biggest money printing extravaganza in world history. Scott Carson, CEO of We Close Notes, is here to dig in to investment questions in pandemic times. Prepare yourselves for what Jason calls, ‘stimulus maximus.’ As well, take a quick dive into the misery index, and find out what opportunities could come from the new normal and social distancing.

Key Takeaways:

[2:30] We are living in scary times, but the question is, “how do we invest for this?”

[4:20] Monetary and fiscal policy, discussing inflation, deflation and stagnation. We are in a time of money creation.

[6:00] Will these pandemic times be a prelude to UBI or National Section-8 type housing?

[12:30] Usually a recession is caused by demand shock. But this time we are also having a demand shock.

[16:00] What was the misery index?

[17:15] What opportunities come from the new normal of social distancing?

[21:45] Thou shalt invest in low density housing. Commandment 22.

[26:00] When it comes to real estate, it’s always about housing. Commercial real estate is likely to suffer from this pandemic.

Websites:

WeCloseNotes.com

Niche markets in real estate can have widely differing rates of returns depending on the state or county you are investing in. For real estate investor, international speaker, trainer and philanthropist, Mike Wolf, Harris County, Texas is the best place to do tax lien investing, owing to a beautiful combination of high property taxes and a unique auction process that favors bold investors who are willing to do more due diligence. Mike has been investing in real estate for over three decades, completing thousands of transactions with his teams in both the US and Canada. In all these years, he has learned the things that really matter in what he does: a good team, a good grasp of the property and the willingness to do due diligence. He is an expert in finding the most profitable deals in auctions – a skill which he now shares with his students in his Tax Lien and Deed trainings. He now joins Scott Carson to talk about investing in Texas tax liens, specifically in Harris County.