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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 Top Rental Markets for 2024 Mar 28, 2024
    Show notes

    Surprise Locations Ranked As Best Markets for Single Family Rentals This Year


    If you're feeling overwhelmed by the countless options for rental investments and unsure which counties to target, then you are not alone! With so much information out there, it can be frustrating trying to figure out the best places to invest in rental properties, especially when the market is constantly changing. You might be feeling lost in the sea of data, not knowing which counties will actually yield the best returns for your investment. It's time to cut through the noise and focus on the top rental markets for 2024 based on Attom's recent article. Let's find the most promising opportunities together!


    In this episode, you will be able to:

    • Discover the top counties for single-family rentals in the USA and seize potential investment opportunities.
    • Uncover annual gross rental yield projections for 2024 to make informed decisions on your real estate investments.
    • Understand the impact of the housing market on rental demand and adapt your investment strategy accordingly.
    • Explore the top cities for real estate investment in 2024 and position yourself for success in the rental market.
    • Compare rent vs. wage growth in US counties to identify areas with favorable rental market conditions.


    The key moments in this episode are:

    00:00:13 - Top Counties for Single Family Rentals


    00:01:37 - Rental Market Analysis


    00:04:25 - Rental Yield Increases


    00:06:32 - Rents Rising Faster than Wages


    00:09:13 - Top Rental Markets Revealed


    Read the full article 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

    Get Signed Up For the WCN Membership HERE!


    The Benefits of Fractional Real Estate Investing with Brian Davis Mar 27, 2024
    Show notes

    Got Wanderlust? How This Investor Funds His Family's Globe-Trotting Lifestyle

    Does this sound familiar? Have you been told that the key to successful real estate investing is to go it alone and figure it all out yourself? The pain of trying to navigate the complex world of real estate investing on your own can be overwhelming. But what if I told you there's a better way to invest in real estate without the stress and hassle? Let's discover the benefits of fractional real estate investing together and how it can transform your investment journey.

    In this episode, you will be able to:

    • Discover the benefits of fractional real estate investing and how it can diversify your investment portfolio.
    • Learn effective strategies for evaluating sponsors for real estate deals to make informed investment decisions.
    • Explore the advantages of transitioning from active to passive real estate investments for a more hands-off approach.
    • Uncover the potential for international real estate investment and how it can broaden your investment opportunities.
    • Gain insights into the opportunities and potential pitfalls of investing in real estate syndications for a well-rounded understanding of this investment avenue.

    My special guest is Brian Davis

    Brian Davis, the creator and founder of Spark Rental, possesses over twenty years of experience in real estate investing. His extensive portfolio includes fractional ownership in over 2000 units, establishing him as a leading authority in passive real estate investments. Notably, Brian's contributions as a regular expert for BiggerPockets underscore his authority in the field. His practical insights and global approach have provided invaluable guidance to individuals navigating the intricacies of fractional real estate investing.


    Sign up for the next Wealth Hacking Event by Spark Rental HERE!


    Watch the original video HERE!


    Book a call with Scott HERE!


    The key moments in this episode are:

    00:00:02 - Introduction and Overcoming Fear of Investing


    00:08:26 - Transition from Active to Passive Investing


    00:11:23 - Creating an Investment Club


    00:12:35 - Risk Analysis and Financing


    00:12:59 - Interest Rate Risk and Long-Term Investing


    00:14:31 - Cash Flow Risk and Geographic Diversification


    00:17:35 - Managing Cash Flow Risk


    00:22:09 - Property-Specific Considerations


    00:25:43 - Investing in Cash Flow Markets


    00:27:15 - Choosing a Sponsor in Real Estate Investing


    00:32:35 - Transition to the Middle East


    00:34:48 - International Real Estate Investing


    00:37:19 - Free Workshop on Private Equity Real Estate Investing


    00:40:27 - Traveling Adventures and Hobbies


    00:41:16 - Exploring Local Cuisine and Culture


    00:42:04 - Travel Blogging and Side Hustles


    00:42:31 - Balancing Work and Passion Projects


    00:42:56 - Syndications and Real Estate Education


    00:43:29 - Closing Remarks and Actionable Steps


    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!


    Nontraditional Methods for Paying Off Debt & Growing Your Investments with Carly DeFelice Mar 20, 2024
    Show notes

    From Door-to-Door Sales Rep to 7-Figure Entrepreneur in 8 Years


    Do you want to achieve long-term financial stability and build wealth in a nontraditional way? Join me as I share the solution to achieving this result and transforming your financial future. Let's dive in and take control of our financial destinies!


    In this episode, you will be able to:


    • Discover unconventional methods for paying off debt and achieving financial freedom.

    • Explore the surprising benefits of tiny living in RVs and how it can transform your financial outlook.
    • Learn how to kickstart a successful business right out of college and turn your passion into profit.
    • Uncover effective investing and saving money strategies to secure your financial future.
    • Master the art of building wealth while effectively managing and paying off student loans.


    About Carly DeFelice: Carly’s a Finance grad, entrepreneur, and money coach. She went from owing $35k to becoming debt-free with a nest egg over $100k by age 26 (earning only average pay). She then created, Best Money Class Ever, a live 4-week personal finance class. Her class teaches how to pay off debt, invest, and stress less about money. She was recently featured on CNBC, MSN, and Business Insider. You can find her on Instagram and TikTok @bestmoneyclassever. In her spare time she's learning how to use power tools and renovating her RV.


    Watch the MSNBC VIDEO HERE!


    Grab Carly's Checklist 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

    Get Signed Up For the Next Note Buying Workshop HERE!


    What Are the Different Types of Fees Associated with Note Investing Mar 18, 2024
    Show notes

    Ready to unlock the potential of mortgage note investing, but feeling overwhelmed by hidden fees? This episode/video equips you with the knowledge to navigate the fee landscape and make informed investment decisions. We'll delve deep into the 6 essential fees you'll encounter in the world of mortgage note investing, helping you avoid surprises and maximize your returns.


    Understanding Fees: The Key to Success

    The intricate world of mortgage note investing offers a compelling alternative to traditional investments. However, navigating the path to success requires a clear understanding of the associated fees. These fees can significantly impact your overall returns, so being prepared is crucial.


    1. Due Diligence Fees: Your Investment Insurance

    Before diving headfirst into a note purchase, thorough due diligence is essential. Due diligence fees cover the costs of investigating the quality and performance of the mortgage note. This includes verifying the borrower's financial health, analyzing the property's value, and assessing the overall risk profile of the investment. Think of due diligence fees as an insurance policy, protecting you from potential pitfalls down the road.


    2. Closing Costs: Securing Your Ownership

    Once you've decided to move forward with a note purchase, closing costs come into play. These fees ensure a seamless transfer of ownership and protect both buyers and sellers. Closing costs may include:

    • Title search fees: Confirming the property's legal ownership and status.
    • Recording fees: Officially registering the transfer of ownership with the government.
    • Attorney fees: Ensuring legal compliance and safeguarding your interests.


    3. Servicing Fees: Keeping the Investment Engine Running

    Servicing fees are ongoing expenses associated with managing your mortgage note investment. Loan servicers handle the day-to-day operations, ensuring smooth functionality. Their services typically include:

    • Collecting payments from the borrower and remitting them to you.
    • Handling delinquencies if the borrower misses payments.
    • Providing regular reports on the status of the note and the borrower's activity.


    4. Brokerage Fees: Partnering with Expertise

    Brokerage fees come into play if you decide to utilize the services of a broker to find and purchase mortgage notes. Mortgage note brokers are experts in the market, leveraging their knowledge and connections to source investment opportunities. Their expertise can save you time and effort, but their services come with a fee.


    5. Legal Fees: Safeguarding Your Investment

    Legal expertise is crucial in the world of note investing. Legal fees can cover a range of services, including:

    • Reviewing and drafting loan documents to ensure they are legally sound.
    • Enforcing the terms of the note if the borrower defaults.
    • Handling any legal issues that may arise during the investment process.

    Having a lawyer on your side provides peace of mind and protects your investment.


    6. Marketing Fees: Reaching Your Investment Goals

    While not always considered a traditional fee, marketing can play a significant role in note investing. Marketing can help you with:

    • Finding note investment deals: Marketing yourself or your investment business can broaden your access to potential investment opportunities.
    • Raising capital: If you're looking to invest in larger notes, marketing can help you attract investors to partner with.
    • Selling your assets: Effectively marketing your note allows you to find potential buyers when you're ready to sell.

    Investing in Your Knowledge: The Ultimate Fee


    Sign up for the next Workshop 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

    Get Signed Up For the Next Note Buying Workshop HERE!


    8 HUGE Owner Financing Mistakes to AVOID! ($$$ Costly!!) Mar 13, 2024
    Show notes

    Want Top Dollar For Your Note? Dodge These 8 Deadly Mistakes!


    Does it sound familiar to make mistakes in owner financing? Have you been told that owner financing is a great strategy without knowing the potential pitfalls? If you're feeling the pain of taking a big discount on a note sale due to improper structuring, it's time to avoid these costly mistakes. Let's dive into the 8 HUGE Owner Financing Mistakes to AVOID and enhance your profitability while minimizing risks.


    In this episode, you will be able to:


    • Maximize Your Profit: Learn how to avoid common mistakes in owner-financing property and enhance your profitability.

    • Optimize Note Structuring: Discover effective strategies for structuring owner-financed notes to minimize risks and maximize returns.

    • Secure Transactions: Understand the importance of a down payment in owner financing to protect your investment and ensure successful deals.

    • Monetize Your Note: Explore how to sell an owner-financed note for a lump sum and unlock the potential of your investment.

    • Stay Compliant: Navigate Dodd-Frank regulations for owner financing with ease and confidence to ensure legal compliance and peace of mind.


    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 Note Buying Workshop HERE!


    Money Mind Games Mar 11, 2024
    Show notes

    I'm a huge fan of watching sports documentaries or miniseries that follow and feature different big names in their specialized sports. Whether it's golf, baseball, football, or even racing, I love the behind-the-scenes sessions where you get to see how these amazing athletes deal with stress and the mind games that they play with themselves. One thing that I notice consistently is that the most successful have one thing in common: a strong mind game.


    We all play mind games but it's those individuals who overcome our self-doubt or stinking thinking and internal mind games who achieve the type of long-term success that everyone dreams of. It's especially true where the playing field is level. If you want to grow as an investor or entrepreneur, you've got to grow mentally into the mindset first or you'll never overcome the hurdles and self-doubt that stops the majority from finding success.


    In this episode, Scott Carson breaks down some of these Money Mind Games that we play with ourselves and why it's important to find a coach to help you overcome the doubts and fears that everyone faces. Entrepreneurship is full of ups and downs, but it's how you overcome the troubling times and the stressful situations in that determine if you become a winner or stay a loser wishing for a different outcome.


    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 Note Buying Workshop HERE!


    Five Ways to Grow Your Investor Database in 2024 Mar 06, 2024
    Show notes

    Becoming a real estate investor can be a daunting task to most when you realize that you have to start marketing yourself and your business to achieve success. And while many investors put this off until they have to, it doesn't have to be difficult if you start off doing some simple things to help you grow your database daily.


    That's why Scott shares his five favorite ways to grow an investor database for new real estate investors in 2024. Scott discusses how to leverage each way to maximize your growth and how to work around your busy schedule if you are still working full-time.

    Scott also shares why your email database is one of your most valuable assets as a real estate investor and why it is an organic organism and how it will help you grow your business, find and close more deals, and raise more money if you'll embrace growing your database on a daily and weekly basis.


    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 Note Buying Workshop HERE!


    The 25 Most Financially Distressed Cities in America Mar 04, 2024
    Show notes

    We all know that Americans have been through a lot of financial difficulties in recent years, between periods of high unemployment, high inflation, and a pandemic, Although conditions have significantly improved, many people still are in financial distress, which WalletHub defines as having a credit account that is in forbearance or has its payments deferred, meaning the account holder is temporarily allowed to not make payments due to financial difficulties.


    In this episode, Scott discusses the Top 25 Cities in Financial Distress based on the current article by Wallet Hub. He shares which cities are on the list and which cities he was surprised to see make the top 25. Scott also breaks down how to use such a list to identify opportunities as a real estate and note investor and how to use this information when it comes to researching and investing in notes or real estate.


    Watch the original video HERE1


    Check out the full article 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 Find Distressed Apartment Notes Feb 28, 2024
    Show notes

    One of the #1 questions I get from real estate investors is how do you find distressed apartments that I can buy? Well, the answer is "Find the Distressed Mortgage Notes on Apartments" and go from there!


    In this episode, Scott shares several resources that he and his team use to locate distressed apartment notes, how buying the note is different from buying the actual apartment, how financing a note deal is different, and who are some of the team members you need when diving into this space.


    Scott shares some resources that cost money and others that are free for you to start using to locate distressed apartment notes in today's chaotic rate and commercial markets.


    Scott shares why using LinkedIn, Cred-iq, Crexi, Bauer Financial, and the quarterly MBA servicing report are some of the best ways to find deals while other investors are just left searching for opportunities.


    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!


    Breaking Down The Tail End of the Tape - Crack Smoking Traders Feb 26, 2024
    Show notes

    Rural Low Balance Assets: Realistic Expectations on Pricing


    If you're feeling frustrated with unrealistic pricing expectations and struggling to find good deals, then you are not alone! It's time to cut through the smoke and mirrors and get realistic about what makes a good note investment. Let's dive into the tail end of the tape and uncover the truth about pricing strategies and why it seems that some note sellers are smoking crack when it comes to the pricing (and valuation) of the tail end of the tape or leftovers of assets.


    In this episode, you will be able to:


    Master the art of negotiating realistic pricing for distressed assets to maximize returns.


    Learn effective strategies for dealing with low-balance notes to optimize your note investing portfolio.


    Gain insights into thorough due diligence in real estate investing for making informed investment decisions.


    Discover how to evaluate rural property investments wisely, unlocking potential opportunities in the real estate market.


    Uncover industry insights and strategies for note investing to enhance your investment approach.


    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!


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