TopPodcast.com
Menu
  • Home
  • Top Charts
  • Top Networks
  • Top Apps
  • Top Independents
  • Top Podfluencers
  • Top Picks
    • Top Business Podcasts
    • Top True Crime Podcasts
    • Top Finance Podcasts
    • Top Comedy Podcasts
    • Top Music Podcasts
    • Top Womens Podcasts
    • Top Kids Podcasts
    • Top Sports Podcasts
    • Top News Podcasts
    • Top Tech Podcasts
    • Top Crypto Podcasts
    • Top Entrepreneurial Podcasts
    • Top Fantasy Sports Podcasts
    • Top Political Podcasts
    • Top Science Podcasts
    • Top Self Help Podcasts
    • Top Sports Betting Podcasts
    • Top Stocks Podcasts
  • Podcast News
  • About Us
  • Podcast Advertising
  • Contact
Not in our directory?
Add Show Here
Podcast Equipment
Center

toppodcastlogoOur TOPPODCAST Picks

  • Comedy
  • Crypto
  • Sports
  • News
  • Politics
  • True Crime
  • Business
  • Finance

Follow Us

toppodcastlogoStay Connected

    View Top 200 Chart
    Back to Rankings Page
    Business

    The Note Closers Show – The #1 Podcast for Note Investing

    Explore the world of real estate note investing and gain insights into controlling real estate at huge discounts!

    Are you a real estate investor or entrepreneur looking to expand your knowledge in the market? Welcome to “The Note Closers Show Podcast,” a podcast dedicated to real estate investing, with a focus on note investing.

    Join your host, Scott Carson, a seasoned investor with experience in real estate and note investing. This podcast aims to provide a comprehensive look at buying, selling, and managing mortgage notes and paper assets.

    What You’ll Learn & Who You’ll Meet:

    • Distressed Asset Insights: Learn about buying non-performing and performing notes from various sources and how this relates to controlling properties.
    • Expert Interviews: Scott features discussions with industry experts, including attorneys, loan servicers, title experts, vendors, and successful individuals in the field.
    • Actionable Strategies: Gain insights into finding deals, performing due diligence, negotiating, creative financing techniques, and potentially maximizing returns.
    • Beyond the Notes: The show also delves into entrepreneurial skills such as marketing, raising capital, business systems, and the mindset needed for success in various market conditions.
    • Inspiration & Entertainment: Listen to engaging conversations with diverse guests who share their journeys.

    Why Tune In?

    Whether you’re new to real estate investing or have experience, Scott aims to provide knowledge and clarity to help you in your endeavors. The content is presented with a focus on finding opportunities.

    Join the Community:

    • Listen to new episodes weekly across major podcast platforms and watch on YouTube.
    • Find free resources and a schedule of events and training at www.WeCloseNotes.com.
    • Learn more about potential coaching opportunities by booking a call at www.TalkWithScottCarson.com.

    Subscribe now to explore real estate note investing!

    Scott also brings in experts in marketing, entrepreneurship, business, and mindset to help his audience in the day-to-day grind of being a business owner, investor and entrepreneur. With over a decade of experience as the “Note Guy” Scott has invested in all types of note investments. Ranging from residential assets on an individual or large bulk basis to commercial notes in each asset class, Scott has the connections and knowledge to help his students take down all property types. If you have an appetite to grow your business from single family homes to multifamily, self-storage, mobile home parks, mixed-use, strip malls or other asset classes, Scott brings on the experts in these different fields to help give you guidance and clarity as a note and real estate investor to find success at your own pace.

    The Note Closers Show also features a variety of different experts and vendors, ranging from attorneys, servicing companies, special servicing experts, title experts, and other real estate professionals to help you organize your own note business and have the best possible team of professionals at your disposal. Along with these experts, Scott also spends time identifying market and deal opportunities across the multiple facets of the note and paper industry.

    Scott also realizes that work isn’t everything to an entrepreneur, and that’s why he also mixes in the occasionally mindset expert and guest wild card to keep his shows content fresh and relevant in today’s everchanging investment environment. It’s common for Scott to add an award-winning personality, athlete or podcaster to the stellar lineup of guests who might make a surprise appearance on the podcast. Scott’s willingness to be an open book and share the different facets of his business, life, and journey and his ability to use humor (and his sound effects) will keep you coming back again and again.

    Advertise
    • Apple Podcasts
    • Google Play
    • Spotify

    Latest Episodes:
    Modern Day Land Barons: Rick & Crystal Rumer's Note Investing Journey Feb 12, 2025
    Show notes

    The recent Note Closers Show episode featured Rick and Crystal Rumer, a dynamic Texas couple who've built a remarkably successful real estate investing business. Their journey, from corporate jobs to full-time real estate investors specializing in land notes, is a testament to hard work, strategic planning, and a healthy dose of Texan grit. Get ready for some serious inspiration – and maybe a chuckle or two!


    Rick and Crystal's story begins long before they became full-time real estate investors. Rick worked for JPMorgan Chase, while Crystal was in sales. Both had early successes with rental properties, but they initially dabbled in several real estate ventures before finding their niche. Their entrepreneurial journey mirrors many investor journeys, which often includes learning from mistakes, pivoting from one approach to another, and a fair share of trial and error.


    From Rental Properties to Land Notes:

    After leaving their corporate jobs, Rick and Crystal initially focused on fix-and-flip properties and wholesaling. They even considered purchasing hotels, a move that would have put them in a much more crowded market. But their most profitable ventures came from focusing on land. They realized that by purchasing larger tracts of land, subdividing them into smaller lots, and owner-financing those lots, they could generate substantial returns and achieve remarkable financial success. Their story reminds us that sometimes the most lucrative opportunities lie outside the typical investor's playbook.


    Key Takeaways from Rick & Crystal's Success:

    Rick and Crystal's success in land note investing can be attributed to several key strategies:

    • Strategic Location: They focus on high-growth areas with strong demand for land, such as the Golden Triangle of Texas (San Antonio, Austin, and the surrounding areas), maximizing their returns.
    • Long-Term Vision: They aren't afraid to make long-term investments and build relationships with investors and buyers. In the land note business, time is on the investor’s side!
    • Owner Financing: They utilize owner financing, making the deals more attractive to buyers and generating consistent cash flow.
    • Teamwork: Rick and Crystal emphasize the importance of working together, leveraging their individual skills and strengths. This highlights the power of a strong business partnership.
    • Effective Marketing: They rely on a combination of networking, referrals, and targeted marketing strategies to find new investors and buyers. This includes utilizing direct mail and a strong online presence.

    Embracing the Challenges:

    They share some of the common challenges and pitfalls faced by investors, including the importance of using private money, managing risk, and working with other investors and lenders, not just the buyers. Their experience highlights the value of carefully vetting potential partners, especially when dealing with large transactions. They provide several examples of when a deal went off the rails and how they navigated these challenges.


    Conclusion:

    Rick and Crystal's story is a compelling example of building wealth through real estate note investing. Their success underscores the importance of specializing in a specific niche, building strong relationships with investors and lenders, and creating a well-structured business model. Remember, even experienced investors like Rick and Crystal made mistakes along the way, highlighting that there's always room for improvement. Their story is filled with inspiration and serves as a reminder that perseverance, adaptation, and teamwork can lead to significant financial success in real estate.


    Watch the original VIDEO HERE!


    Connect with Rick & Crystal HERE!


    Book a call with SCOTT!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo

    Book a call with Scott today at HTTP://TalkWithScottCarson.com to see if 1:1 Note Coaching is right for you!


    The Step-By-Step Guide to Raising Money from SDIRA Investors Feb 11, 2025
    Show notes

    Scott Carson, the host of the popular Note Closures podcast and YouTube channel, recently shared his no-nonsense approach to raising capital for note investing. He challenges the common excuses investors make – lack of experience, fear of failure, and the dreaded "I don't have any money" – and reveals practical strategies for securing funding, even with limited resources. Get ready for a dose of real-world advice, seasoned with Carson's signature humor!


    Carson emphasizes that while using personal funds is ideal, it's not a requirement for success in note investing. He playfully points out that everyone eventually runs out of their own money, making it critical to develop strategies for securing external funding.


    Five Actionable Strategies to Raise Capital:

    Here are five actionable strategies from Carson's webinar to help you find capital:

    • Tap into Self-Directed IRA Investors: This is where the magic happens! Carson highlights self-directed IRA investors as an often-overlooked source of funding. They often have significant funds sitting idle, earning minimal returns. By marketing directly to them, investors can potentially tap into a large pool of capital. Carson suggests using direct mail campaigns targeted at self-directed IRA account holders, adding a personal touch to increase response rates. Think of it as "warm-lead" marketing; these investors already have an established interest in real estate.
    • Utilize Lines of Credit: Another readily available option is securing lines of credit through companies specializing in lending to real estate investors. While this involves some upfront cost, it provides a relatively quick and convenient way to access funds.
    • Build a Powerful Network: Networking remains a critical component of success in real estate, regardless of how you acquire capital. Carson reminds listeners to actively engage in their local real estate investor community, attending meetups and building connections to find deals and funding sources. Don't be afraid to market your services and sell your expertise! It's like fishing; if you don't cast your line, you won't catch any fish!
    • The Power of a Professional Website: Having a well-designed website, complete with social media profiles, is essential for establishing credibility and attracting potential investors and partners. The website is your "digital storefront" – it showcases your skills and experience, building trust and credibility.
    • Leverage Virtual Assistants: Carson explains how virtual assistants can significantly boost productivity. They handle tasks like lead generation, marketing materials creation, and even initial outreach, freeing up valuable time for deal-making and closing.


    Beyond the Obstacles:

    Carson tackles the mindset challenges that often hinder investors, particularly the fear of failure and self-doubt. He encourages listeners to embrace their fears, view setbacks as learning opportunities, and persevere. His humorous anecdotes and relatable experiences make this aspect of the webinar both engaging and reassuring. Remember: The worst thing that can happen is that someone says no! And it's always easier to move forward after a "no" than when you're doing nothing at all.

    Conclusion:

    Carson's webinar delivers a wealth of practical advice and inspirational insight, particularly emphasizing the importance of networking, building relationships, and overcoming fear to achieve success. By adopting his strategies, aspiring note investors can significantly improve their chances of finding capital and growing their real estate portfolios. Don't be afraid to reach out – the potential rewards are immense!





    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest

    Click HERE to Get Your Road to Retirement Started Today with American IRA!


    Conquering the Glass Ceiling: Liz Faircloth's Strategies for Women in Real Estate Feb 06, 2025
    Show notes

    From Social Worker to Real Estate Powerhouse: Liz Faircloth's Inspiring Journey


    The recent Note Closers Show episode featured Liz Faircloth, a remarkable woman who has defied expectations and built a thriving career in real estate. Her journey, from a social work background to becoming a multi-million-dollar real estate investor and the head of a nationwide network for women, is both inspiring and hilarious. Get ready for some serious motivation – with a side of witty anecdotes!

    Liz's path to real estate success wasn't straightforward. She initially pursued a career in social work. A pivotal moment came when her brother-in-law handed her a copy of Rich Dad Poor Dad. This book sparked a life-altering shift in perspective, igniting her passion for real estate investing. It was a moment of serendipity that changed everything.


    Overcoming the Odds:

    Liz's journey is a powerful testament to perseverance and resilience. She openly discusses the challenges women face in the male-dominated real estate world – think "good old boy network" and the pervasive glass ceiling. But instead of being deterred, Liz embraced these obstacles and forged her own path. Her wit and humor, sprinkled throughout her narrative, make the entire interview engaging and relatable.


    Liz emphasizes the importance of developing a strong support network. This led her to create InvestHer, an organization designed to empower women in real estate. InvestHer provides:

    • Community & Mentorship: A supportive network where women can learn from each other's experiences and share the ups and downs.
    • Educational Resources: InvestHer provides free teaching and coaching, ensuring women have the skills and knowledge to succeed.
    • Empowerment & Confidence: The organization actively works to encourage women to take risks and build confidence, challenging the mindset that often holds them back.
    • Mastermind Events (InvestHerCon): Annual conferences focusing on practical strategies, mindset, and self-care, demonstrating that success is more than just financial returns. It's also about balance.
    • InvestHer Plus: An online platform offering additional resources, including a mentorship program and targeted networking opportunities.


    Facing Fears and Building Confidence:

    Liz candidly shares her personal experiences with failure, emphasizing that fear is a natural part of the process. She encourages women (and anyone) to embrace their fears and not let them be paralyzing.


    Keys to Success:

    Her story also highlights the importance of these key ingredients for success:

    • A Clear Vision (North Star): Having a long-term plan and a clear vision of what you want to achieve.
    • Strategic Planning: Making conscious decisions that align with your overall goals.
    • Community and Support: Building a network of like-minded individuals who will support and encourage you.


    Liz's journey is a testament to her resilience, determination, and entrepreneurial spirit. Through her work with InvestHer, she's inspiring countless women to pursue their dreams in real estate. Her unique blend of business acumen, personal experience, and infectious humor makes her a true role model and an inspiring example for any aspiring entrepreneur, regardless of gender!


    Check out TheRealEstateInvestHER HERE!


    Watch the original VIDEO HERE!


    Book a call with SCOTT HERE!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest

    Sign up for the next FREE Note Weekend Class HERE!


    How to Make Six Figures as a Note Investor Feb 04, 2025
    Show notes

    Six-Figure Note Investing in 2025: Scott Carson's Proven Strategy


    Scott Carson recently released a webinar revealing a proven strategy for making six figures in real estate note investing. He addresses the common investor frustration of being stuck in a 9-to-5 job, while dreaming of financial freedom. This webinar isn't just about theory; it's a practical guide packed with real-world examples and actionable strategies. Get ready to ditch the cubicle and embrace the life of a savvy note investor!

    Carson begins by emphasizing that this isn't a get-rich-quick scheme (sorry, no magic money trees here!). Instead, he presents a wealth-building strategy that, while demanding some effort, offers incredible potential for passive income and financial independence. He uses the analogy of building wealth through note investing as a strategic move to becoming a successful real estate mogul. It's about building wealth, not just making a quick buck!


    Carson's 5 Key Strategies for Note Investing Success:

    Here are the five key takeaways from the webinar to get you started on your path to making serious money:

    • Understand the Power of OPM: Carson stresses the importance of using other people's money (OPM). This can be funding from family, friends, IRA investors, or private lenders. Remember: "OPM" doesn't stand for "Oh, Poor Me," it stands for "Other People's Money"!
    • Target High-Value Assets: Focus on assets with a fair market value of at least $50,000. This provides a buffer for potential issues and allows for greater profit margins.
    • The Art of Negotiation: Don't be afraid to negotiate! Carson advises that investors often don't ask for what they're worth.
    • Re-performing vs. Non-performing: Carson covers both strategies, highlighting the higher returns of non-performing notes (with the caveat that they require more effort to resolve). He reminds listeners to always weigh risks and rewards.
    • Marketing is King: Aggressive marketing and consistent networking are crucial for locating deals. If you aren't out there consistently marketing, it's like fishing without a rod!


    Going Beyond Six Figures:

    Carson shared a real-life example of his strategies to generate over $300,000 in annual income. This included a sizeable income from note sales, asking from the borrowers, and a substantial amount in monthly cash flow. This is not a theoretical exercise; this is real-world success!


    The Importance of Patience and Consistency:

    Carson emphasizes the importance of patience and persistence. Building wealth takes time; it’s a marathon, not a sprint. He highlights the importance of consistent effort in marketing, finding deals, and nurturing relationships with investors.

    Conclusion:

    Carson’s webinar offers a realistic and actionable blueprint for note investing success. By implementing his strategies and embracing a mindset of consistent action, aspiring investors can position themselves for significant financial gains and ultimately achieve financial freedom. Remember, it’s not about the size of the fish; it’s about having the right bait and knowing where to cast your line.


    Watch the original VIDEO HERE!


    Book a call with SCOTT HERE!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest

    Get signed up for the Next Virtual Note Buying Workshop Now!


    Note Case Study: 28% ROI in a Roth SDIRA Jan 30, 2025
    Show notes

    This Note Investing Case Study Will Blow Your Mind (and Maybe Your IRA)


    Hey note-heads! Welcome to another episode of The Note Closer Show, where we dissect deals, dish dirt, and deliver the delicious details of the note investing world. Today's episode is extra special, so grab your coffee (or tequila – we don't judge!), and let's dive in.

    We're exploding with excitement because one of our Newark coaching students just closed their FIRST EVER DEAL – and it’s a doozy. Not only did they close in under 90 days, but they achieved a staggering 28% ROI (Return on Investment) in the first couple of years! And the cherry on top? They funded the entire thing with their self-directed IRA—making it completely tax-free! Talk about a win-win!


    Before we spill the beans on this incredible success story, let's make sure we're on the same page about what a Non-Performing Note (NPN) is. Basically, it's a loan where the borrower has fallen behind on payments. Secured Equities buys these notes at a discount, aiming to help the borrower get back on track or finding alternative solutions, and then reaping the rewards. Think of it as real estate's version of a fixer-upper—only way more profitable.


    This isn't a get-rich-quick scheme. A lot of folks think finding deals is tough, but the truth is, it's about knowing where to look (and having a good teacher!). This student went through a few duds before hitting the jackpot, which just goes to show the importance of persistence. Remember: even the most successful investors experience setbacks!


    Here are five key takeaways from this amazing case study:

    • Fast ROI: This deal showcases the potential for incredibly quick returns in note investing. 90 days to a deal and a 28% ROI?! Yeah, that's what we're talking about.
    • Tax Advantages of Self-Directed IRAs: Leveraging a self-directed IRA for note investing can significantly reduce taxes and increase your overall profits. Think of your IRA as a high-yield savings account that's also a real estate investment!
    • Borrower Rehabilitation: The focus wasn't just on maximizing profit; the team worked to help the borrower get back on track with a Chapter 13 bankruptcy plan. This is not only ethical but can often lead to a more favorable outcome for everyone involved. It creates a win-win!
    • Risk Mitigation: Through careful due diligence, the student identified a property with a clear path to profitability. They understood that while the home itself wasn't perfect, the numbers made sense and the strategy to help the borrower minimized risk.
    • Power of Persistence: Remember, this success didn't happen overnight. This student went through several offers before hitting the big one. The key takeaway here is that even seasoned professionals face failures, it’s about learning from them and moving on.


    This deal is a testament to the power of education, a strategic approach, and knowing where to find the deals. Note investing isn't just about finding cheap properties; it's about finding deals with good underlying value and sound financial strategies.


    Want to learn more about note investing and possibly turn your own IRA into a passive income machine?

    Check out our upcoming workshop in Austin, Texas! It's jam-packed with note-finding secrets, fundraising strategies, and deal structuring techniques. Get your discounted ticket now (before we change our minds). Visit HTTP://notebuyingfordummies.com to get started!


    Stay tuned for more exciting case studies, tips, and tricks. Until next time, keep closing those deals, and don't forget to subscribe for more Note Closer goodness!


    Watch the original VIDEO HERE!


    Book a call with SCOTT HERE!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest

    Sign up for the next FREE Note Weekend Class HERE!


    AI Powered Financing: FHA 203k Loans & Renovation Financing with Skip Schenker Jan 30, 2025
    Show notes

    Unlocking Hidden Real Estate Profits: FHA 203k Loans & Renovation Financing


    Hey there, Note-heads! Welcome back to The Note Closers Show, your daily dose of real estate wisdom, market insights, and (let's be honest) a healthy serving of real estate humor. Today's episode is all about unlocking hidden real estate profits, particularly by using FHA 203k renovation loans. This is a game-changer, not just for investors but also for buyers who are tired of settling for “as-is” properties.

    We recently dove deep into 66 vacant reverse mortgages, showing how you can often acquire them for 70-80% of their value. But that's just the tip of the iceberg! Lots of investors think they need piles of cash for real estate. But what if there's a better way? What if you could finance your fixer-upper? That's where Skip Shenker comes in.

    Skip is a legendary figure in the world of renovation loans. He not only designs his own houses but also has a passion for helping investors and homebuyers access innovative financing options. Today, we're exploring how the FHA 203k loan can revolutionize your real estate strategy!

    Here's what Skip shared that you NEED to know:

    1. The FHA 203k Loan: This isn't your grandpappy's home loan. It's a unique financing option that bundles the purchase price and the cost of renovations into a single loan. That means you can buy a fixer-upper and finance the entire renovation project at once! No more juggling multiple loans—it's one simple solution.
    2. Beyond Cash Buyers: With FHA 203k, you tap into a HUGE pool of buyers who aren't limited to cash offers—namely, those looking for a house to make their own! This significantly expands your potential buyer base, increases your chances of a swift sale, and eliminates the time and money usually spent on rehab yourself.
    3. AI-Powered Rehab Estimates: We discussed a revolutionary new tool that utilizes AI to estimate the rehab cost for your fixer-upper. This is way faster and more accurate than traditional methods, taking the guesswork out of the entire process. This speeds things up enormously! CHECK IT OUT HERE
    4. Flexible Financing: FHA 203k isn't just for first-time homebuyers. It can be used by anyone, regardless of credit score (within reason, of course), giving you flexibility when deciding on financing your rehab. It's also incredibly helpful to buyers who may not qualify for a conventional loan.
    5. Strategic Partnerships: We discussed forming partnerships with real estate agents to educate them about the FHA 203k loan's possibilities. This leads to more referrals and unlocks a wealth of potential deals. It’s a win-win-win for everyone involved.

    Humor Break: Remember those "before and after" home makeover shows? The FHA 203k loan is the real-life equivalent, only without the drama of screaming contractors and surprise budget overruns (mostly!).

    Skip also shares real-world examples and expert advice, debunking common myths surrounding the FHA 203k. Learn about the role of HUD consultants, ways to mitigate financial risks during the renovation process, and strategic tips for maximizing your returns.

    Ready to uncover hidden profits in the real estate market?


    Watch or listen to this episode! Visit www.Ready4Remodel.com

    to learn more about the FHA 203k loan, how it can help you maximize your investments, and how to access the latest AI-powered tools and resources. Follow us on all socials for daily updates and more real estate insights!


    Watch the original VIDEO HERE!


    Book a call with SKIP HERE!


    Talk with Scott Carson HERE!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest

    Sign up for the next FREE Note Weekend Class HERE!


    How to Connect With Bank Asset Managers Jan 28, 2025
    Show notes

    Unlocking the Secrets to Finding Non-Performing Notes: A Note Investor's Guide


    Happy Monday, fellow note-slingers and deal-makers! Let's face it, the world of note investing can feel like a treasure hunt in a swamp – lots of murky water and questionable treasures. This week's episode delves into how to find those elusive, high-quality non-performing notes – the ones that aren't swamp-things. Forget wading through endless lists of land notes and performing loans, let's get you to the good stuff!

    The speaker's experience highlights the common frustration of finding quality deals. He describes a LinkedIn post from someone lamenting the lack of good non-performing notes available, stating that the market is flooded with "crap". Sound familiar?

    The Myth of the "Low-Hanging Fruit":

    Many new investors rely on their LinkedIn network or Facebook groups for leads. While this can work, it often yields low-quality deals – a mix of firsts and seconds, frequently low-balance loans from less-than-ideal sources. Think of it like fishing in a pond full of minnows: Sure, you can catch some, but are you really going for the big tuna?


    Where the Real Deals Hide:

    The fact is, there's a significant number of non-performing notes out there. We're talking millions of loans that are underperforming, and they're not just sitting in plain sight! You won’t find them hanging around on Facebook, that’s for sure! Here’s the real secret:

    • Direct Sourcing: Target direct sources, like banks (think beyond the big guys – regional banks often have more readily available inventory) and asset managers. Forget the big sharks; focus on finding the smaller, more approachable fish in the pond.
    • Marketing is Key: Market your services actively. A 3% default rate on 80 million homes equals millions of opportunities, but you need to get in front of those who control them.
    • LinkedIn Power: Optimize your LinkedIn profile. Don't be a grainy, blurry photo from 1998. Dress to impress, folks! It's your digital storefront! Target Asset Managers with specific job titles using LinkedIn's search functions. Be professional and clear about what you do and who you are.
    • Network, Network, Network: Attend industry events (or at least research the attendee lists) to get direct contact information. This is your chance to network and find hidden gems that the general public never gets a whiff of. Bring business cards, and for goodness' sake, dress nicely!
    • Phone Calls Still Matter: Email campaigns are great, but phone calls are the ultimate closer. A well-structured call blitz can yield amazing results – even if it feels like you're hauling a thousand-pound phone at first.


    Avoiding Common Pitfalls:

    The biggest mistake new note investors make is focusing only on seconds. While seconds can be profitable, they're not always easily found at good prices. First liens are more profitable and easier to acquire capital for!


    Final Thoughts:

    Finding quality non-performing notes is a process. It’s not a get-rich-quick scheme, but rather a strategic approach requiring focus, consistent marketing, and a dash of resilience. Remember, the treasure is out there; you just need to know where (and how) to look for it.


    Watch the original VIDEO HERE!


    Book a call with SCOTT HERE!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest

    Book a call with Scott today at HTTP://TalkWithScottCarson.com to see if 1:1 Note Coaching is right for you!


    DSCR vs. Hard Money Loans: Your Ultimate Funding Guide with Gary Brown Jan 28, 2025
    Show notes

    Get ready to supercharge your real estate investing game! This episode features Hard Money Gary, a real estate ninja who's mastered the art of securing funding for any project. Forget the endless struggle of finding money—Gary shares his proven strategies, turning years of experience into profit for himself and clients.


    This isn't your typical dry real estate finance discussion. We kick things off by exploring various funding options, demystifying the often-confusing world of real estate loans. Gary weaves in anecdotes from his personal journey, from wholesaling to building a nationwide hard money network. Prepare for a rollercoaster of humor and wisdom!


    Key takeaways from this must-listen episode include:

    • Mastering Outreach: Ditch the awkward cold calls and generic emails! Learn the most effective strategies to find lenders, including networking, online platforms, and writing compelling messages. Forget the awkward small talk – we teach you how to close deals effectively!
    • Hard Money & DSCR Loans: Gary breaks down hard money and DSCR loans with humor and clarity. Discover how to choose the right loan type for your unique situation, and understand interest rates like a pro (no more confusing financial jargon).
    • Building Winning Relationships: Learn how to build strong connections with lenders that lead to ongoing success. Tips on maintaining positive relationships and getting repeat business are included – forget those one-off deals!
    • Avoiding Costly Mistakes: Gary reveals common pitfalls many investors fall into and shares how to avoid those costly errors. This is your crash course in how to stay financially fit.
    • DSCR Loan Details: Get to grips with what a DSCR loan is, and when it's the right solution for your project. DSCR loans are your secret weapon to securing the financing you need.
    • Rehab & Repair Financing Strategies: We dive into the nuts and bolts of loan-to-cost, loan-to-value, and loan-to-ARV. Learn how to master these crucial elements of project financing.


    This podcast isn't just theory; it's real-world advice. Gary's infectious energy will inspire you to take action. But be warned: you might get too fired up listening! So grab a beverage, settle in, and prepare to become a real estate funding master.


    What you'll also discover:

    • Why understanding various financial strategies is essential for successful real estate ventures.
    • Insights on avoiding common mistakes in securing funding.
    • How to make social media work for you in your search for lenders.
    • Practical strategies for building long-lasting lender relationships.

    This podcast is your guide to securing the funding you need for your real estate endeavors. Don't miss the chance to learn from one of the best in the business! Like, subscribe, and share this with your fellow real estate investors.


    Watch the original VIDEO HERE!


    Connect with GARY BROWN HERE!


    Book a call with SCOTT HERE!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest

    Sign Up For Your Texas Foreclosure List HERE!

    Use code WECLOSENOTES to save $20!


    Beyond the Spreadsheet: Analyzing 4 Minnesota Nonperforming Notes Jan 23, 2025
    Show notes

    The Minnesota real estate market is heating up, and savvy investors are always looking for a deal. This week’s podcast features a deep dive into four Minnesota foreclosure notes, offering insights into note investing strategies. Our host and special guest, Dale Brost, break down each deal, revealing the challenges and opportunities in this niche market. (Fair warning: this analysis goes beyond simple spreadsheets!)

    Minnesota Market Dynamics:

    The podcast begins with a brief overview of the Minnesota real estate market, emphasizing the current tight inventory and high demand for rental properties. This is setting the stage for our deep dive into the note market. Did you know Minnesota has more shoreline than the East and West Coasts combined? It’s a big state for a reason.

    Four Minnesota Foreclosure Notes—A Case Study:

    The heart of this podcast is a detailed analysis of four foreclosure notes. The analysis includes:

    • Property Details: Each property's specifics such as address, size, features, and current condition are reviewed. Photos are also examined to assess the property's condition and estimate potential rehab costs. (One note even involved a car in the garage covered in dust—a great photo op for a “before” shot!)
    • Financial Data: Unpaid balance, legal balance, BPO (Broker Price Opinion) values, and estimated closing costs are analyzed.
    • Equity Analysis: Properties with positive equity are more favorable and offer higher potential returns; the equity position of the notes heavily influence deal strategy.
    • Foreclosure Timeline: Our host discusses the typical timeframe for Minnesota foreclosures, including the crucial redemption period. In Minnesota, the redemption period is like the extra inning in a baseball game: it can significantly impact the ultimate outcome of your investment.
    • Strategic Approaches: Two primary strategies are evaluated for each note: selling at a foreclosure auction versus taking back the property and selling it as an REO (Real Estate Owned).

    The Importance of Due Diligence:

    Our host and guest emphasize the importance of due diligence in note investing. This includes:

    • Reviewing the Property: A visit to the property (or reviewing high-quality photos) to assess the condition and evaluate the potential ROI.
    • Locating Key Information: Obtaining detailed information such as property taxes and legal descriptions.
    • Understanding the Foreclosure Process: Familiarizing yourself with the state-specific laws and regulations.

    Beyond the Spreadsheets:

    This podcast goes beyond spreadsheets and numbers, offering valuable insights into:

    • Working with Rehab Partners: Our host stresses the value of collaborating with experienced contractors.
    • Market Trends: The current state of the Minnesota real estate market is discussed, including how this impacts the note market.
    • Flexibility in Investment Strategies: Different strategies are suited for different properties, and experience is crucial.

    Humor to Relate To:

    • “Mixing personal and business finances is like trying to find a specific sock in a giant laundry pile—a complete mess.”
    • “In Minnesota, the redemption period is like the extra inning in a baseball game: it can significantly impact the ultimate outcome of your investment.”

    Call to Action:

    Ready to learn more about Minnesota note investing? Listen to the full podcast and subscribe for more insights! Leave your comments and questions below!


    Connect with Dale Brose HERE!


    Watch the original VIDEO HERE!


    Book a call with SCOTT HERE!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest

    Take Your Asset Protection to a Whole New Level with Laughlin and Associates!


    Streamline Your Rental Property Accounting with Adam Hamilton (REIHUB.net) Jan 21, 2025
    Show notes

    Real estate investing can be incredibly rewarding, but let’s be honest – the accounting side can be a real headache. This week, we talked with Adam Hamilton, co-founder of REI Hub, a software designed to help landlords and investors manage their books effectively. Adam's insights are pure gold, especially if you’re tired of endless spreadsheets and tax season stress. This interview was a game-changer!


    Why REI Hub?

    Adam’s journey started with a simple observation: many real estate investors are struggling to manage their finances effectively. This is often due to a lack of time, accounting expertise, and use of general accounting software not designed for the specific needs of the rental property world. Unlike other investors, Adam understands the need for specialized software. He wants to keep things simple!


    Top 3 Mistakes Investors Make with Their Accounting:

    Adam shared the three most common mistakes investors make with their rental property accounting:

    1. No Strong Foundation: Many investors don’t set up proper accounting systems from the start. This includes failing to separate their personal and business finances, leading to messy books and missed opportunities for deductions. Hint: Mixing personal and business finances is like trying to find a specific sock in a giant laundry pile—a complete mess.
    2. Failing to Review: Many investors enter transactions into their accounting systems without regularly reviewing the data or generating reports. This can lead to unexpected surprises at tax time. Think of this as trying to navigate with a torn map. You’ll probably get lost!
    3. Ignoring Key Deductions: It’s easy to overlook potential tax deductions such as mileage, depreciation, and loan interest expense. Missing out on deductions is like leaving money on the table – a big no-no in real estate!

    REI Hub: Your Accounting Solution:

    REI Hub aims to solve these problems by providing:

    • Intuitive Software: The software is designed specifically for real estate investors, with transaction types and account categories that closely match the language of the industry.
    • Integration with TurboTenant: If you’re already using TurboTenant for property management, REI Hub integrates seamlessly, eliminating the need for double data entry.
    • Dynamic Loan Amortization: REI Hub automatically breaks down your loan payments into their principal, interest, and escrow components, making it easier to track and report these expenses.
    • Automated Tax Review Process: REI Hub walks you through a tax review process, making sure you aren't overlooking key deductions or tax strategies. We’re not CPAs, but we'll provide your CPA with all the ammunition they need.
    • Expert Support: REI Hub's support team is knowledgeable about real estate accounting and is available to answer your questions. This is support that actually understands your struggles!


    Beyond the Basics:

    This interview also touched upon:

    • Asset Protection Strategies: Keeping personal and business finances separate protects against potential liability. (Think of it as separating your business's expensive suits from your old college sweatshirts—one protects your investment, while the other keeps you comfortable.)
    • Tax Law Changes: Stay up-to-date on changes to the tax laws that may impact your rental income and expenses.

    Humor to Relate To:

    • “Mixing personal and business finances is like trying to find a specific sock in a giant laundry pile—a complete mess.”
    • “Missing out on deductions is like leaving money on the table – a big no-no in real estate!”


    Call to Action:

    Ready to take control of your rental property accounting? Visit REIHub.net to learn more and sign up for a free trial! Share your own accounting horror stories in the comments below! http://snip.ly/REIHub


    SIGN UP FOR REI HUB HERE!


    SIGN UP FOR TURBO TENANT HERE!


    WATCH THE ORIGINAL VIDEO HERE


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Faceboo

    Get signed up for the Next Virtual Note Buying Workshop Now!


    Previous 1 21 22 23 24 25 86 Next

    Related Podcasts

    How I Built This with Guy Raz

    1

    How I Built This with Guy Raz Business
    Planet Money

    2

    Planet Money Business
    Inside Strategic Coach: Connecting Entrepreneurs With What Really Matters

    3

    Inside Strategic Coach: Connecting Entrepreneurs With What Really Matters Business
    BiggerPockets Real Estate Podcast

    4

    BiggerPockets Real Estate Podcast Business
    The Smart Passive Income Online Business and Blogging Podcast

    5

    The Smart Passive Income Online Business and Blogging Podcast Business
    Bad With Money With Gabe Dunn

    6

    Bad With Money With Gabe Dunn Business
    footer-logo

    Contact Us

    Toll Free: 844-670-7747

    Links

    • Home
    • Top Charts
    • Networks
    • Apps
    • Independents Podcasts
    • Podcast Advertising
    • Podcast News
    • Contact Us
    • About Us
    • Analytics & Insights

    Stay Connected

      Privacy, Terms of Use & Our Code of Ethics Protecting Content Creators Copyrights