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    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.

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    Latest Episodes:
    The 20 Most Asked Questions About Note Investing Jul 19, 2024
    Show notes

    Note Investing: Separating AI Fiction from Expert Facts


    Artificial Intelligence might be a hot topic, but even Big Brother gets wrong a large chunk of the time when it comes to researching the niche of note investing. We recently asked Google's AI about the Top 20 Questions Asked About Note Investing and what it returned with was some watered-down answers to the biggest questions.


    So I took the time to review each question and answer it correctly so that new note investors don't make the mistake of just believing everything written on the internet. I'm sure you will find this episode interesting and chuckle at where Google gets it wrong and the Note Guy gets it right!


    Here is the list of the 20 questions that AI stated were the most asked:


    1. What is note investing?
    2. How much money do I need to start note investing?
    3. What are the potential returns on investment with note investing?
    4. Do I need a real estate license to invest in notes?
    5. Where can I find notes to invest in?
    6. What is the principal balance of the note?
    7. What is the interest rate on the note?
    8. Is the borrower current on their payments?
    9. What is the term of the note?
    10. Does the note have any guarantees or endorsements?
    11. What happens if the borrower defaults on the loan?
    12. What are the costs associated with loan servicing?
    13. What type of property is securing the note?
    14. What is the fair market value of the property?
    15. What is the condition of the property?
    16. What is your investment strategy for note investing? (Cash flow, passive income, flipping notes)
    17. What is your risk tolerance for note investing?
    18. How will you diversify your note portfolio?
    19. What are the benefits of using a note broker?
    20. What resources are available to learn more about note investing?


    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!


    21 Tasks To Delegate to a VA that Will Double Your Business Jul 16, 2024
    Show notes

    Does this sound familiar? You've been told to handle every aspect of your real estate business yourself, thinking you can do it better. But let's face it, things are falling through the cracks, and you're feeling overwhelmed and limited in your growth. It's time to admit that trying to do it all alone is not getting you the results you want.


    In this episode, you will be able to:

    • Streamline your real estate business with virtual assistants to maximize efficiency and deal flow.
    • Boost your note investing business with powerful email marketing strategies that generate leads and close deals.
    • Free up your time and focus on growth by effectively delegating tasks to virtual assistants in your real estate business.
    • Learn how to leverage social media marketing to raise capital for your real estate ventures and note investments.
    • Master follow-up strategies that are essential for success in the competitive world of note investing.


    Watch the original video HERE!


    Watch the Virtual Assistant Masterclass HERE!


    Book a call with Scott HERE!


    The key moments in this episode are:

    00:00:02 - The Power of Delegating Tasks


    00:04:22 - Knowing Your Worth and Delegating Accordingly


    00:07:32 - Leveraging Email Newsletters as a Valuable Asset


    00:10:46 - Efficiently Researching and Reaching Out to Note Sellers


    00:12:20 - Streamlining Email Campaigns and Lead Generation


    00:12:38 - Foreclosure List Strategy


    00:13:12 - Delegating Tasks


    00:14:17 - Utilizing Virtual Assistants for Research


    00:15:35 - The Power of Follow-Up


    00:18:32 - Overcoming Perfectionism and Delegating


    00:24:08 - Upcoming Note Weekend Class


    00:24:34 - Revamping Training


    00:24:57 - Farewell and Well Wishes


    00:24:08 - Q&A and Interaction


    00:24:57 - Call to Action


    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!


    WE NEED YOUR HELP! Only You Can Save Owner Financing in Texas Jul 09, 2024
    Show notes

    Only You Can Save Owner Financing in Texas

    It's a sad day when a regulatory body in Texas is working against property and business owners to make it extremely difficult to get an owner-financing transaction done. That's what it going on right now with the Texas Savings & Mortgage Lending Department (which handles licensing issues for mortgage companies and loan officers) which is proposing rule changes that would adversely affect your ability to sell your property, land, or business on seller financing.


    Link to the Seller Financing Coalition & Letter Campaign


    Watch the original video HERE!


    Currently, numerous proposed rule changes would harm future Texas home buyers, particularly those who are currently not well served by the financial services industry due to demographic and economic factors. These proposed rule changes will also hurt numerous small business owners and private home sellers. Two examples of harmful rule changes are:

    A. The Department’s new regulation requiring that all RMLO (Registered Mortgage Loan Originator) agents work for a bank or mortgage company harms Texas citizens in multiple ways.

    1. RMLOs can no longer be self-employed despite their own efforts to become licensed professionals.

    2. All prospective buyers must now seek to fit within the narrowing loan requirements imposed by banks and mortgage companies, etc. This denies access to credit to many hard-working people who are a) self-employed, b) buying vacant land, c) have lower incomes, and d) using multi-generational resources to qualify for homeownership loans.

    3. It means private individuals or small businesses that already own homes or properties cannot hire an RMLO to qualify potential buyers as part of a seller-financing transaction. This prevents such sellers from complying with Dodd-Frank.

    B. To legally meet the growing demand for non-bank financing on homes and vacant land numerous individuals rely upon seller financing. Private individuals or small businesses in Texas who offer seller-financing for homes or land to other Texans, frequently use independent RMLOs. Using these independent RMLOs protects both the Buyer and the Seller.

    Given these facts, the following proposed language in “§56.100 Licensing Requirements” is rather harmful.

    “However, if the lender owns the residential real estate securing the loan and has exceeded the limit for exempt transactions as provided by Finance Code §156.202(a-1) (3), the lender must be licensed under Finance Code Chapter 156, regardless of whether the lender has secured the services of an originator as provided by this subsection.”

    This proposed verbiage goes beyond the SAFE Act and Dodd-Frank requirements and imposes a harsh “scarcity penalty” on disadvantaged buyers by severely restricting the number of properties that a non-lender seller can sell using seller finance. This harsh and unnecessary restriction on what private citizens in Texas can do (sell) with their own houses and land is unwarranted. In a time of shrinking inventory and rising demand removing assets and liquidity from the market place is harmful to all Texans.

    Here are some reasons an individual or small business will hire an RMLO as part of a seller-financed transaction

    A. The RMLO ensures that all Dodd-Frank regulations are followed for both the lender and the borrower (homeowner).

    B. The RMLO agent makes sure the borrower (homeowner) is economically qualified to buy (has the ability to pay) and understands the specifics of the loan.

    C. Not using an RMLO allows unsavory lenders to take advantage of naïve borrowers.

    D. Not using an RMLO may cause individuals or small Texas businesses to unknowingly violate Dodd-Frank and face federal charges and/or penalties that could cause financial duress, or unintentionally destroy and close small Texas businesses.

    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
    • T

    WANTED: Tracking Down Property Owner & Borrower Info Jul 09, 2024
    Show notes

    Connecting the Dots: How to Track Down Hard-to-Find Borrowers

    Do you want to make informed investment decisions and find profitable note solutions? I'll be sharing the solution for achieving that result. Get ready to learn thorough due diligence techniques that will help you make profitable note investments.

    In this episode, you will be able to:

    • Mastering Due Diligence: Discover proven techniques for making informed and profitable note investment decisions.
    • Strategic Hurricane-Prone Investing: Learn effective strategies for investing in properties located in hurricane-prone areas to mitigate risks and maximize returns.
    • Unlisted Property Secrets: Explore innovative methods for finding unlisted properties for sale, giving you an edge in the real estate market.
    • Social Media Skip Tracing: Uncover the power of using social media for real estate skip tracing, enhancing your ability to locate property owners and valuable leads.
    • Neighbor Engagement Insights: Gain valuable insights into engaging with neighbors for property information, enabling you to make more informed real estate decisions.


    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 WCN Membership HERE!


    Five Marketing Tools Every Real Estate Investor Must Have Jul 02, 2024
    Show notes

    Being a successful real estate investor is NEVER just about looking at property and making offers. There are many more moving parts if you want to have a long and fruitful career as a note or real estate investor. Unfortunately, the mass the majority of wanna-be investors are doing the bare minimum when it comes to marketing their businesses which leads to minimal success.


    It's 2024 and you have to embrace the marketing side of the business so that you are working smarter than harder to get the word out on what you are doing! These are the five most important tools that you need to embrace and add to your marketing tool belt to help you find more deals, raise more capital, and make more money in today's digital investing world.


    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 Important Is Your Faith as an Entrepreneur? Jun 28, 2024
    Show notes

    Entrepreneurship is a Leap of Faith: My 20-Year Journey from Employee to Business Owner

    If you're feeling the weight of constant setbacks and struggles in your entrepreneurial journey, then you are not alone! The hustle and grind may not be yielding the success you envisioned, leaving you questioning your decisions and wondering if you should have taken a different path. The pressure to meet financial obligations and the fear of failure can be overwhelming, especially when you're bombarded with negative images and distractions from social media and the news. It's easy to feel lost without a clear vision and faith to guide you through the tough times. But what if I told you that there's a way to enhance your resilience and success through a faith-based mindset?

    In this episode, you will be able to:

    • Embrace faith-based resilience and conquer entrepreneurial challenges.
    • Unleash the power of faith to fuel your entrepreneurial success.
    • Gain invaluable insights from 20 years of business wisdom.
    • Make a seamless transition from employee to thriving entrepreneur.
    • Cultivate a clear vision and unwavering faith for entrepreneurial triumph.


    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!


    The 7 Worst States To Buy Real Estate In The Next Five Years Jun 26, 2024
    Show notes

    Which states do you want to buy in over the next five years? More importantly, which states should you avoid like the plague if you are looking to buy (or sell) real estate between now and 2030? Most of these states won't be surprised as BankRate.com released an article listing the seven worst states to buy property according to realtors in those states.


    READ THE ARTICLE HERE!


    We even took it a step further and focused on the Top 10 worst states to buy or invest in. It goes beyond the foreclosure timeframe, cost of living, and property taxes on this list. Property insurance, job growth, homelessness, and crime rates also played a big part in our picks for the worst. Of course, there are parts and places to each state that we love, but we just don't love the idea of owning property there!


    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!


    12 Small Balance Performing First Liens You Can Buy For Under $25K Jun 25, 2024
    Show notes

    Earn Above Average Returns With Under $25K

    I know that many new investors struggle to do their first deal. They overthink the process and will often struggle with "overanalysis paralysis" when it comes to pulling the trigger. But you will learn more about investing in a niche by doing your first deal than you would if you took every class on the subject. The same is for note investing, but we have a solution for you! This episode is designed to help you pull the trigger!


    We've got a list of 12, small-balance, performing, first liens available for sale from a client of ours. All of these notes are well seasoned, performing, and are backed by property values way above the payoff balances. The best thing about this is that you can step into some cash flow and earn a decent return without breaking the bank. With balances ranging from $3K to $37K, you can cherry-pick this list with most selling for under $25K! This is a great opportunity to help you put your small balance SDIRA, ESA, or HSA to work today!

    DOWNLOAD THE LIST OF NOTES HERE

    All of these loans are serviced with Madison Management and have clean collateral files! There are ZERO broker fees as we are just helping our friend move these notes so that they can raise some capital for another deal (If you wanted to pick up the whole tape, you could do so for $175K).


    WATCH ME GO THROUGH THE TAPE 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 WCN Membership HERE!


    Baldwin Advisory Group: Your One-Stop Due Diligence Spot Jun 24, 2024
    Show notes

    Protect Your Investment: Why Due Diligence is Critical When Buying Notes

    If you're feeling the frustration of not knowing where to go for comprehensive due diligence services in real estate investing, and you're tired of making costly mistakes, then you are not alone!

    In this episode, you will be able to:

    • Uncover the hidden risks and opportunities with comprehensive real estate due diligence services.
    • Gain valuable insights and make informed decisions with broker price opinions.
    • Safeguard your investments by understanding the importance of thorough title searches in real estate.
    • Protect your assets and minimize surprises with property condition reports.
    • Enhance your real estate evaluation with the advantages of utilizing drone footage.

    My special guest is Dickie Baldwin

    Dickie Baldwin, a seasoned industry veteran with over 40 years of experience, stands as a beacon of wisdom in the real estate arena. His journey, spanning from realtor to loan originator and correspondent lending, culminated in the establishment of the Baldwin Advisory Group. With a deep understanding of the nuances of real estate investing, Dickie's mission is to empower investors through comprehensive due diligence services. His personable approach and relatable insights make him a trusted advisor for those navigating the complexities of real estate investments. Dickie's wealth of knowledge and genuine desire to see investors succeed solidify his position as a go-to expert for all things due diligence in the real estate realm.


    Book your Due Diligence with BAG HERE!


    Watch the original Video HERE!


    Book a call with Scott HERE!


    The key moments in this episode are:

    00:00:02 - Introduction to Dickie Baldwin


    00:06:00 - Importance of Due Diligence


    00:10:55 - BPO and Property Condition Report


    00:16:37 - Rural Property Challenges


    00:19:28 - Importance of PCR in Property Assessment


    00:19:53 - Property Inspection and Valuation


    00:20:52 - Importance of Property Condition


    00:22:33 - Self Directed IRA and Property Valuation


    00:23:29 - Drone Flyovers for Property Assessment


    00:30:47 - Commercial Property Valuation


    00:37:30 - Importance of Multiple Owner Search


    00:38:19 - Cost of Title Searches


    00:40:26 - Purpose of Title Search


    00:43:14 - Importance of Recorded Assignments


    00:53:24 - Importance of Due Diligence


    00:56:37 - Importance of Tax Sale Reports


    00:57:57 - Ordering Process and Forms


    01:02:40 - Real Estate Network and Services


    01:06:51 - Property Visits and Documentation


    01:09:34 - Skip Tracing and Title Curative


    01:15:59 - Importance of Due Diligence


    01:16:17 - Payment Process


    01:17:35 - Continuous Learning


    01:18:21 - Protecting Assets


    01:18:55 - Future Plans


    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 You Can Take Part in the 2024 Banking Blitzkrieg Jun 19, 2024
    Show notes

    Join Our Elite Team of Hungry Note Buyers on a Summer Calling Spree

    Have you heard the myths about taking part in the 2024 Banking Blitzkrieg? Myth 1: You need to be an expert in the note business to participate. Myth 2: It's too time-consuming and requires a huge investment. Myth 3: You won't get any real value out of it. Want to know the truth? Stay tuned for the surprising reality behind the 2024 Banking Blitzkrieg strategy.


    RSVP YOUR SPOT NOW HERE!


    In this episode, you will be able to:

    • Uncover the untapped potential in the Texas mortgage bankers list to supercharge your note buying strategy.
    • Master the proven strategies for note business success and unlock a world of lucrative opportunities in real estate.
    • Launch a banking blitzkrieg to reap the exclusive benefits that can propel your real estate investments to new heights.
    • Harness the power of LinkedIn for real estate networking and open the door to a wealth of lucrative connections and deals.
    • Implement drip marketing campaigns to establish a strong network of asset manager contacts and become a sought-after player in the note buying market.


    Watch the original episode 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 WCN Membership HERE!


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