How to Get On the Right Side of Note Investing w/Scott Carson

In this episode, I’m joined by real estate investor, entrepreneur, marketer and speaker, Scott Carson. Scott and his team specialize in buying non-performing discounted notes from banks and hedge funds, an investment vehicle which allows them to help borrowers and provide value to financial institutions. Note investing is a niche that will likely uptick over the next 6-12 months with everything that’s happening in the world and the growth of new consumer demands. 

 

Scott is the founder and CEO of We Close Notes. We Close Notes is an Austin-based, defaulted note buying company. They specialize in note-investing and finding non-performing notes on residential and commercial properties and purchasing these notes for their own portfolio. He is also a nationally syndicated radio host of the popular podcast, The Note Closers Show which has millions of listeners across 17 AM and FM radio stations and downloads across 130 countries. Scott is also an investor, entrepreneur, marketer and featured speaker and educator at dozens of investment clubs and real estate workshops across the country. He also hosts The Note Closers Show. 

 

Note investing requires a different mindset and perspective to everything else we know about real estate investing. It requires us to be more numbers focused, look beyond the emotional connection or “flip potential” of the property. With the right mindset and strategies, this can be a highly valuable skill to add to our set. 

Time Stamps 

 

01:28 - Scott’s background and how he got started. 

04:52 - Non-performing notes and how they work. 

08:18 - Why banks would want to sell off non-performing mortgage notes. 

11:27 - The most valuable notes to invest in. 

27:29 - The people who don’t do well and people who do well in this niche.  

Guest Info

 

Scott is the founder and CEO of We Close Notes. We Close Notes is an Austin-based, defaulted note buying company. They specialize in finding non-performing notes on residential and commercial properties and purchasing these notes for their own portfolio. He is also the host of the podcast, The Note Closers Show.  Scott is also an investor, entrepreneur, marketer, and featured speaker and educator at dozens of investment clubs and real estate workshops across the country. 

 

Website: https://weclosenotes.com/