Big Multifamily and Commercial Foreclosures 2024
In this episode Scott Carson talks about the foreclosures happening now in 2024 and coming soon in the multifamily and commercial real estate industry.
Scott is the owner and managing member of WeCloseNotes.com, an Austin based, defaulted note buying company. I specialize in finding non-performing notes on residential and commercial properties and purchasing these notes for our 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 has a variety of classes and educational products to help other real estate investors looking to learn more about notes and distressed debt investing. He teaches a 3-day workshop for investors on buying defaulted notes called the Virtual Note Buying Workshop that focuses on how to Find, Fund and Flip non-performing notes directly from banks.Also, once to twice a year, Scott hosts the popular online summit and conference, Note Camp, which features twenty to thirty speakers and experts in the note space. Note Camp is the longest-running online conference of its type and regularly features 500 plus attendees. Topics include residential and commercial notes, servicing, workout, due diligence, marketing, raising private capital and other topics. Note Camp is a great starting point for new note investors to get a broad bit of knowledge on different topics in the note space.Scott was the previous Sr. Real Estate Coach for RealEstateProfitCoach.com and a Mortgage Banker and Vice President with JPMorgan Chase. He was also responsible for the successful launch of Ariel Capital Mortgage Lending that helped provide investors with bank financing on their residential properties in over 30 states. The Note Closers Show Podcast is focused on the niche of distressed note and debt investing with the content split between educational aspects of the industry along with interviewing industry experts, investors, and other entrepreneurial-based subjects that investors face on a daily basis. 
Specialties: Non-Performing Notes, Raising Private Money, Short Sales, Defaulted Paper, Residential and Commercial Investing along with marketing and podcasting.https://weclosenotes.com/
Alpha Dog CapitalTo learn more about John Marion and Alpha Dog Capital see the show notes and visit our website at AlphaDogCapital.com. You can always check the show notes of any episode to learn more about each guest and how to connect with them.Please don’t forget, we are not investment advisors and we do not give investment advice. Always do your own due diligence!Thanks for joining me and stay tuned for upcoming episodes of the Alpha Dog Capital Deal Flow Channel.
Visit Our Websitehttps://alphadogcapital.com/Let's Talk!Schedule a call with John Marion:https://calendly.com/johnmarion/alpha-dog-capital-intro-call

Join us on Ash Allan Talks as Scott Carson shares his insights on distressed mortgage notes. Learn how to get started in note investing, why non-performing notes offer the best deals, and how to navigate the market for maximum returns.Here's what you'll discover:

• Finding the Right Niche: - What you should be seeing out.
• Be The Solution to the borrowers"- Helping someone instead of hustling to get money.
• The magic Rate- How this is impacting the prices you should pay.
• Create a System That Works Building a system to provide passive income is important
• Avoid these mistakes! Learning what to avoid for growth.
• Where is the Most Important thing you have? The importance of being educated.
• Social Media Strategies What a successful strategy should look like.
• Great resources to visit! Know where to learn and connect.

Conclusion:
Ready to transform your real estate strategy? Subscribe now for more valuable insights and learn how to dominate the note investing world.Join us on Ash AllenTalks as we dive into the world of distressed mortgage notes and real estate investing with our special guest, Scott Carson, also known as "The Note Guy." Scott has been an active real estate investor and entrepreneur since 2002, and he shares invaluable insights on how to succeed in this niche market. From investment strategies and market analysis to navigating the complexities of Airbnb and understanding the impact of inflation on real estate, Scott covers it all. Don't miss this opportunity to learn from one of the best in the industry!

Join James and Scott in this episode where they reveal the behind-the-scenes strategies Scott used to become the authority in note investing. Learn how content creation and strategic marketing can explode your business!Here's what you'll discover:

• The Path of Authority Learning Scott Carson's story and journey through marketing.
• Make a decision now! You need to market to change.
• Focus on the right Niche - How to help people and stay with your Niche.
• Be the Expert in Your area Learn the Key Take Away.
• Be The Power of Content - Don't wait to be perfect.
• Utilize Social Media
• **Networking ** - Utilize all options to be social and network effectively
• Remember the Keys - Know what you know, and be good at it.
• Find out how to get to the heart of people - Let them know how you solve all problems
• Don't be afraid to sell yourself

Conclusion:
Stop being average, tune into the show now! Get all the skills you want to implement and change everything
Scott Carson has been an entrepreneur for over 20 years focused primarily on the niche of investing in real estate notes. He has used his knowledge of marketing to help him become a leader in his niche to have the #1 podcast and YouTube channel for note investors. He calls Austin, TX home and he loves helping people achieve their passions.

Join us for an enlightening episode of the Texas Real Estate and Finance Podcast, hosted by Mike Mills, as we delve into the profitable realm of note investing—a lesser-known but highly lucrative sector of real estate. Tune in live on Thursday, May 9th at 1:00 PM CST to catch all the action!
Why Should You Attend?Ever wondered about alternative ways to make money in real estate beyond buying and selling homes? Scott Carson, a leading expert in the note investment industry, will uncover the secrets of purchasing underperforming bank notes that could provide a passive income stream, literally money showing up in your mailbox! While Scott usually charges thousands for these insights, he’s sharing them for free exclusively with our audience.
Special Guest:Scott Carson, the owner of WeCloseNotes.com, is not just an entrepreneur but also a nationally syndicated radio host of The Note Closers Show, followed by millions across 130 countries. His expertise in acquiring non-performing notes on residential and commercial properties has positioned him as a top industry leader.
Watch the original VIDEO HERE!
Discover a multi-million dollar market for education, investment, and coaching in real estate.Learn directly from a top industry expert who normally charges thousands for access to this information.Explore if note investing could be your path to financial success in real estate.Additional Information:
Don't miss out on this exclusive opportunity to learn from one of the best in the business and potentially find your own pot of gold in real estate investing.
Ever wondered how some investors seem to earn money while they sleep? Discover the secret world of real estate note buying with Scott Carson, who unlocks the mysteries of passive income through distressed notes. Find out how this lesser-known investment strategy can be a game-changer for your financial future!Real Estate Note Buying: How to Generate Passive Income with Scott Carson unveils the less trodden path of earning through distressed notes. In this comprehensive episode, Scott shares his expert insights on how even novices can start buying notes from banks, transforming debt into a steady stream of income. From understanding the basics of note investment to advanced strategies like negotiating with banks, every facet is covered. Discover how this unique form of investment can fit into your financial portfolio, all explained in a straightforward, engaging manner.Key TakeawaysUnderstanding Real Estate Note BuyingReal estate note buying involves purchasing the debt secured by a property rather than the property itself. Scott Carson explains how this can be a lucrative passive income stream, allowing investors to act like banks. He details the process of how to start, including the basics of identifying underperforming notes and the initial steps to acquiring them. This takeaway demystifies note buying for newcomers and highlights its potential as a low-entry barrier investment.The Benefits of Passive Income Through NotesScott discusses the advantages of earning passive income through real estate notes, emphasizing the reduced management responsibilities compared to traditional property rentals. He points out that note buyers can receive regular payments without dealing with tenants, property maintenance, or other common real estate investment headaches. This aspect is particularly appealing to those looking for simpler ways to invest in real estate.How to Access the Note-Buying MarketAccessing the market for buying notes might seem complex, but Scott breaks down how to approach banks and financial institutions to find opportunities. He shares strategies for negotiating with these entities and securing notes at a discount. This key takeaway is crucial for understanding the operational framework within which note transactions occur.

pisode 43: There are lots of ways to generate traffic with social media content… livestream videos, stories and reels, image posts, and the list goes on.
The problem with most social media content is that it only stays visible in the timeline for a few days and then it never gets seen again, so you have to keep creating more and more of it.
But imagine being able to create a piece of content once, and it generates traffic for your business perpetually… day after day, year after year.
That’s the power of evergreen, organic content.
In this episode, you’ll learn how Scott Carson leverages this type of content to generate free traffic to his coaching business, and the types of sales strategies he uses to convert that traffic into paying customers and clients.
About Scott Carson: Scott has been an active real estate investor and entrepreneur since 2002, focusing on the niche of distressed mortgage notes and has purchased over $1 Billion in distressed notes on residential and commercial properties all across the country.
He has helped thousands of real estate investors and entrepreneurs create wealth through his classes, helping his students close thousands of deals.
He also hosts the podcast, the Note Closers Show Podcast.
Check out Scott’s next online class: http://NoteWeekend.com
Connect with Scott:   / 1scottcarson  

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!
LISTEN HERE!
CHECK OUT OUR #1 YOUTUBE CHANNEL HERE!

Scott Carson joins the Multifamily Investor Nation group to discuss how to find distressed apartments by looking for nonperforming commercial mortgages from banks and commercial real estate lenders.
Distressed apartment notes (mortgages in default) offer a unique multifamily investment. Whitney Elkins-Pettner & Scott Carson reveal how to find & profit from these.Scott's Background: Carson transitioned to note investing during the 2008 recession, buying distressed debt. Distressed debt means mortgages on properties where borrowers stopped paying. Banks foreclose after 90+ days of non-payment.Why Invest? Multifamily is often overpriced. Foreclosures are up! Owning debt = control. Banks want to avoid owning real estate & are flexible w/ note buyers. Buy cheap, profit via modification/foreclosure.Finding Notes:

• Call bank special asset departments.
• Use LinkedIn: search "special asset manager," etc., at banks.
• Track job openings (more debt = more hiring).
• BauerFinancial.com lists banks, distress ratios.
• Credit IQ tracks commercial servicers.
• MBA ranks mortgage servicers.

Due Diligence/Risks:

• You don't own the property initially!
• Thoroughly check property, borrower, collateral.
• Understand state foreclosure laws.
• Avoid deals you wouldn't want to take back.

Conclusion: Distressed notes offer opportunity if you build relationships, do due diligence, & understand risks.

Investment expert, Scott Carson, explores the critical art of timing the market, particularly focusing on the lucrative world of distressed assets. Scott reveals the complexities of investing in times of uncertainty, offering listeners an in-depth analysis of how to identify and capitalize on market discounts. Through his expert lens, we explore the notion that the perfect time to invest is a myth and that real opportunities lie in being proactive and strategic about purchasing assets at significant discounts. Scott’s advice is a beacon for investors looking to navigate the volatile investment landscape and make informed decisions that yield high returns.Topics Covered:

• 00:00:00 - Meet Scott Carson: Master of Billion-Dollar Debt Deals
• 00:00:53 - Unpacking the Investment in Distressed Notes
• 00:03:50 - Transforming Debt into Opportunity: Rehabbing Borrowers
• 00:05:38 - Landlord vs. Bank: Understanding Your Investment Role
• 00:07:00 - Navigating the Purchase of Mortgage Debt
• 00:09:28 - Mastery of Buying Notes at a Discount for Maximum Profit
• 00:19:18 - Scott Carson's Investment Journey: Lessons & Insights
• 00:23:41 - The Rewarding Lifestyle of a Note Investment Expert
• 00:26:46 - Raising Capital: Strategies for Successful Deals
• 00:32:08 - The Crucial Role of Delegation & Systems for Growth
• 00:41:14 - Enhancing Communities Through Real Estate
• 00:43:29 - The Impact of Decision-Making in Real Estate
• 00:45:39 - Closing Thoughts: Defining True Wealth Beyond Riches

Imagine transforming a financial crisis into a beacon of hope. That's the journey of Scott Carson, our remarkable guest this week, who invites us into his world of distressed debt investing. Scott, affectionately known as the note guy, shares his transformative leap from mortgage broker to an industry titan post-2008 financial crisis. His billion-dollar success is not just about the numbers; it's about the lives changed through his commitment to keeping families in their homes and guiding investors toward financial independence. We get personal with Scott and unearth the compassion that fuels his business, making profits while making a difference.
Have you ever considered the emotional side of real estate investing? We pivot to discuss the preference for owner-occupied properties and the diverse exit strategies they present. Scott lays out how even limited funds can play in the big leagues of the note industry, and why subject-to deals are a golden opportunity in today's low-interest environment. But it's not all about the financials; we debunk the glamorized facade of real estate investing painted by popular media. Instead, we stress the need for authentic marketing and clear communication to navigate the intricate real estate landscape successfully.
Wrapping up, our conversation taps into the soulful rhythm of investing and entrepreneurship. Scott shares the compelling impact of negotiating tailored repayment plans, which not only preserve homeownership but also forge unexpected, lifelong connections. He transports us to his serene backyard oasis, underscoring the importance of cultivating one's personal haven. Join us for this episode, where we blend the pursuit of financial savvy with the pursuit of personal fulfillment, all through the lens of a maverick who's rewritten the narrative of distressed debt investing.Thanks again for listening. Don't forget to subscribe, share, and leave a FIVE-STAR review.
Head to Dwanderful right now to claim your free real estate investing kit.
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This episode originally aired on January 30th, 2024.What if there were a way to invest in real estate…without investing in real estate? Scott Carson joins us to share how he buys mortgages. Banks struggle to evaluate loans because of their macro engines, and Scott sneaks into the crevasses to find opportunities to buy the loan from the bank and successfully turn a non-performing loan into a successful investment. He helps people stay in their home while also making money. How does it work? He’ll explain how he identifies the loans that banks struggle with, buys the loans, and then works with the homeowner to get them back on their feet. He also covers what he does if he CAN’T help the homeowner (and sometimes still makes money). We talk about the risks, upside, and mechanics of buying loans on today’s show. Plus, in our headline segment, we dive into a Reddit thread focused on one big name’s child…who says that making money in real estate is super easy. We’ll take a look and share some thoughts on taking advice from influencers on the internet. Plus, we’ll take a question about HELOCs to Ruth’s Rotary Phone AND we’ll also share Doug’s fascinating trivia (which doubles as a pop quiz!). All that and more on today’s show!

In this jam-packed episode of Passive Real Estate Investing with Mavericks, Neal Timmons interviews Scott Carson on profiting from discounted debt. They discuss strategies, returns, market outlook, and tips for both novice and experienced investors.Here's what you'll discover:

• What and Why The key reasons why should invest in notes.
• Getting into REI - How to start a mortgage company.
• Real Estate Crash of 2008: Opportunities: Learn about 2008, and why the opportunity is amazing.
• What are nonperforming notes? What does it mean and how it can benefit you.
• Key Pointers that are important! Finding your niche, focus on market, and focus on team.
• The Bank: Why be the bank It's all about the power and wealth of the note industry.
• The Mindset to follow Take the wheel, and control yourself for a more successful business
• Rehab The Borrower, Not The House Be about saving and help your audience.
• Is there a bubble to follow? The crash of what may come.
• Learn to Connect With Others - Start Networking With Key Pointers!

Conclusion:
Transform your passive income strategy! Tune in for actionable advice and insights into this lucrative investment.  Key Takeaways From This Episode

• Things you need to know before investing in notes
• Performing vs. Non-performing debts
• The ins and outs of loan servicing in note investing
• Helpful tips to navigate the note investment landscape successfully
• How to overcome investing barriers as a passive real estate investor

  References/Links Mentioned

• Outwitting the Devil by Napoleon Hill | Kindle and Paperback
• Think and Grow Rich by Napoleon Hill | Kindle and Paperback

 Explore the essentials of note investing with Scott in a dynamic 6-hour session on this investment strategy. RSVP now to claim your spot for a one-day FREE class at https://noteweekend.com/. Seize this opportunity for a comprehensive learning experience!  About Scott CarsonScott Carson is the president and CEO of We Close Notes. 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.