Scott Carson breaks down the five most important factors that you must have in place when you grow your note business from one-deals to a larger portfolio of distressed mortgage notes. He discusses the need for a good servicer and other vendors, along with having your systems in place, communication and other necessary items when growing. He also shares the need to have an assistant or staff already trained and ready to handle the activities after you buy notes. He also talks about the need to focus your portfolio and streamline deal flow on your notes, REOs, rentals, or performing notes depending on what your focus and long- term goals are. And finally, he reveals the need to have your marketing rocking and rolling.
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