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

Miami real estate is a much more different ball game than one might expect. The Magic City - and former home of LeBron James in his time with Miami Heat - is a little bit quirky in terms of real estate, so there are quite a few things you're going to have to get used to. Sarah Elles Boggs is a real estate agent and investor who started out in Austin, Texas and made her way to Miami, Florida. With Scott Carson, Sarah shares some of her insights and experience in the Miami Beach and Brickell areas of south Florida, along with where the market is at currently. She talks about her experience in the condo, fix and flip, short sales, and REO markets along with discussing foreign investors investing in the area. She also discusses short-term and Airbnb rentals and why she sees opportunities in Broward and Miami-Dade Counties.

In most cases, retirement money is squirreled away, untouched until its owner comes of a certain age, but the thing with that is that money could be used a whole lot more productively. The primary case of this is with real estate, where retirement money can be put in and invested, even if you're not quite ready to dip too much into your retirement fund. Dan Kryzanowski is an active real estate investor who also work at Rocket Dollar. Joining Scott Carson, Dan talks about self-directing your investments, the podcast, his interest in self-storage investments and how you can invest in some large projects using the Rocket Dollar self-directed IRA or solo 401(k) if you are self-employed and some specials for opening a new account.

There's a saying that you should always make sure to hedge your bets in order to protect yourself from most risks, and the same principle holds true in real estate as well. Taking on a syndication project is, for the most part, the wisest way to function in the real estate industry so as to protect one's investments from the most possible harm. Joel Block is a business executive and professional speaker who specializes in real estate, finance, and sales. Scott Carson interviews Joel about what goes into creating successful syndications and hedge funds when one is looking to do larger deals. Joel talks about the "Wall Street way" of raising capital, and why it's one of the most effective and rewarding ways to do real estate and note investing on a larger scale.

There is no downplaying the effects of Coronavirus all over the world. It is disrupting so many lives and straining almost all business sectors. Situating this current event to this episode, Scott Carson discusses how the Coronavirus pandemic has affected the note and real estate industry. He breaks down some of the things to watch and look for in your note and real estate investing business, and why, amidst all the chaos and panic it has caused, it is important to stay calm and work with your borrowers and tenants.

There are many ways to go about in business that it can be so easy to get lost within it. No matter how much you try, everybody in this space knows that you just can’t be everything to everyone. That is why it is always best to niche down and know where you can serve and do best. In this episode of Note Night in America, Scott Carson discusses the need for knowing your WHY and building your marketing plan around your focus to find success. Anchoring your business down to keep from drifting, Scott shares some of the important things to consider in the note business from putting together a business plan down to expanding your network. Heed Scott’s advice and more that takes you back to the basics, helping you move your business in the right direction.

Failure is an inevitability in life, and no, that's not a bad thing because these failures can - and should - be taken as goalposts that tell you it's time to make a change. Overcoming failure is such a vital skill in becoming successful, and while it may not be instinctual to everyone, it is a skill that can be learned and developed over time. Scott Carson speaks to Christopher Wirth, an entrepreneur, financial advisor, and motivational speaker. Christopher is also the host of his own podcast, No Quit Living, about overcoming obstacles and finding the motivation to continue on in your journey. Learn how to channel that resistance that will stop you from ever quitting on your way to the top.

While there are many good people in this industry, there are still some out there who are willing to take advantage of us. Especially in the credit world, there are so many schemes that go undetected. That is why you have to know what you’re getting yourselves into before jumpstarting on anything. Scott Carson has Merrill Chandler from Get Fundable in this episode to discuss some credit myths. He breaks down even those unthought-of and unbeknownst falsehoods in the industry, including credit lines, debt consolidation loans, and other credit misconceptions. Learn about some tips and tricks to overcome these myths. Let Merrill’s guidance help up your fundability game.

Seniors selling their homes is a part of normal life stages in this modern world. It is when they must move to spaces that are well suited for the demands of their age and capacities for their activities of daily living. In this episode, real estate investor and CEO at Mom’s House, Phillip Vincent, joins Scott Carson to discuss how he and his team are working with seniors and families of seniors to help liquidate and sell their unwanted or lived in homes. Phillip discusses the mindset, some interesting case studies, and how this niche of real estate investing can be a true win-win for you and the homeowners who need to liquidate their property to pay for senior care facilities and new living arrangements.

In order to be seen, known, wanted, and even needed by your target market, you must do what it takes in terms of best practices for promoting your products and services. In this episode of Note Night in America, Scott Carson shares over 60 ways that he and his team promote their different events, webinars, training, and podcast. He also shares some creative ways to get the biggest bang for your time and buck when looking to get the word out on what you are doing across multiple platforms for free or for those on a small budget.

What is a deferred sales trust and how can help you avoid more taxes? Today, Scott Carson and Brett Swarts from Capital Gains Tax Solutions talk about the Deferred Sales Trust and why it might be an ideal tool to replace 1031 Exchanges. Brett discusses the mechanics of the transaction, who it might be the ideal tool for, and those who aren't a fit for it. Don’t miss this episode to learn how to avoid capital gains taxes while still having control over your investments.