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On this episode of the Note Closers Show Scott Carson shares the three different ways that he organizes notes or deals on his note tapes so that he can identify the three classes of potential deals: performing notes, non-performing with a chance of reperforming, and the serious delinquent with little chance of reperforming. Scott shares what to look for depending on your deal focus and long-term goals.
He also shares the importance of knowing what you are looking at and why running the same ROI formula or exit strategy for every asset doesn't make sense and can often get you in trouble or cause you to overlook real deals.
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