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

Just with any other business, proper preparation for your new real estate investing venture will give you numerous advantages and preempt some of the problems that may arise in the future. What are the things you need to do when starting out as a new note investor? Today, Scott Carson takes his expertise in note investing to share eleven critical items that new note investors (and real estate investors, in general) need to put in place when they start investing. Listen as Scott explains why you need to cross off each of these items in the checklist if you are to succeed as a note investor. Sit down, get your pen and paper, and join in.

The numbers we have out there right now can be scary, and it is tempting for many people to have knee-jerk reactions which can ultimately hurt them in the long term. In this episode, Scott Carson sits down with the Credit Messiah, Merrill Chandler, to make sense of the numbers in unemployment, business defaults, and mortgage defaults and what these mean for the future. Merrill is a high-performance personal and business fundability coach at Get Fundable.com and the Get Fundable podcast host. Scott and Merrill trade insights and explain how you can hack your fundability and maintain healthy relationships with your lenders during this crisis. They see a lot of opportunities amid this crisis, but only if you know when and how to act. Right now, too many people make decisions that will sully their credit lines and hurt their relationships with their lenders. Listen and learn how to avoid these pitfalls.

Many of us have dreams that are left unshared, that we tend to hide away, and that we only keep to ourselves. Unfortunately, these are the very dreams that don’t get realized. If you want to fulfill what it is that you truly wish, then perhaps letting it out and asking about it could be the answer for you. Taking us further down into the reasons sharing your dreams matter, Scott Carson talks with not one but two very special guests, authors Crystal Dwyer Hansen and Mark Victor Hansen. Together, they share with us their new book, Ask! The Bridge from Your Dreams to Your Destiny, which highlights the act of asking as the only language by which the Universe can deliver a solution, understanding, illumination, or plan so we can reach our dreams and fulfill our destinies. Join in on this episode to learn the three channels that are important to understand in the asking journey—asking yourself, asking others, and asking God---and to find the courage and inspiration to close the gap between your dreams and your destiny.

With the real estate market, there is definitely no one-size-fits-all. The strategies that could work in one may not work in another. That is why you need to be apt about what goes on in the market that you choose to be in; otherwise, you'll find yourself treading in troubled waters. In this episode, we zone in on the San Antonio real estate market in Texas. Scott Carson talks with San Antonio, Texas real estate investor and realtor, Josh Boggs of eXposed Homes, to expose the San Antonio real estate market. Where do the opportunities lie? What trends are coming up? How can San Antonio be a great investment for investors? Josh answers all of these questions and more while providing some great tips that can help you rise against the tide of this hot market, most especially in this current COVID-19 pandemic environment.

There comes a point in growing your business operations when you won’t be able to keep doing what you’re doing alone. Many successful entrepreneurs are now hiring their very own virtual assistant so that their business can keep going even when they’re not around, and they’re focusing on much more important tasks. Scott Carson is joined by Bob Lachance, the founder and CEO of REVA Global LLC, the premiere virtual assistant staffing company. Scott and Bob discuss some of the best practices in hiring and training a virtual assistant for your business. It’s been said that, “If you are not working to get your business or investing operations to run without you, you are thinking too small,” so make sure you can get your operations to that point with the help of a virtual assistant!

A lot of changes are taking place across the country. Sparked by the fall of one domino, the COVID-19 pandemic, we see the moving parts in our society slowly toppling one over the other. Where are we now in the chain of events? Where is it going? What will it look like ahead? In this episode, Scott Carson answers these questions, particularly in the note investing space. He discusses where the dominos are falling in the note market and where the opportunities lie. Gearing you up for a more hopeful future, he also shares what you should be doing over the next 30 days to make the most of the second half of 2020. Now is not the time to be a casualty in this chain reaction; create lemonade out of the lemons thrown at you. Scott guides you how in this discussion.

Not all wholesale deals are home runs, especially when you’re dealing with distressed properties. Sometimes, however, an investor can get excellent returns by getting creative. Scott Carson shares the story about one of his first wholesale deals that started as a distressed note where he got creative and made $40,000 from a $100 option fee. Scott’s experience is an eye-opener for all beginner investors to start educating themselves about the different options they can take to win in a deal. Listen to the story and take away some lessons that you can apply as we enter a whole new market in the second half of the year.

While watching some hit TV shows like Hoarders and Hoarding: Buried Alive are enjoyable, very few people would actually consider purchasing a hoarder home. Who would want a property filled with mountains of junk, infestations, and other issues? In this episode of the Note Closers Show, Scott Carson discusses his first ever distressed homeowner appointment that turned out to be a hoarder house. One thing he learned from his friend is that the smell of poop and piss is the smell of money. Tune in to discover if you agree.

In real estate, there's always a lot of upheaval going on. We can learn a lot about what's happening right now by going back years behind us to take a look at what happened in the past. In this episode, Scott Carson breaks down some of the lessons learned from his first rehab deal when he was starting out. He also shares what he would do differently now and why you don't need a partner.

If you're a real estate investor in distressed assets or something you're looking at, there will be many deals. You just got to put the work in to make things happen. That includes dialing for dollars - making phone calls to asset managers over and over again and working through lists of banks and asset managers off a couple of different sources. Today, Scott Carson breaks down some of the simple tools and tactics that he has used for over a decade when calling banks to find distressed and performing note deals. He also shares how he systematizes his calls and follow-up to maximize his schedule.