

How to Spot & Identify a Daisy Chain Tape - Tape Breakdown with Karl Mitchell
Transform a Note Tape From Junk to Jewels! 💎 📝
Ready to master the art of analyzing note tapes and identifying hidden gems? Join Scott Carson as he coaches new student Carl Mitchell on a real-life tape analysis! Learn how to spot the red flags of "joker brokers" and implement proven due diligence strategies to find profitable note deals.
In this episode, you'll discover:
- The Journey to Note Investing: Carl's backstory and how he came to The Note Closers
- How to Get Started In Real Estate Learn from Carl's journey and take the dive!
- Why Direct Mail Isn't The end-all solution
- Finding a List to Get Started: The step by step methods to starting right with finding great leads.
- Spotting "Joker Broker" Red Flags:
- Recognizing old tapes.
- Looking for flexible vs negotiation.
- Inaccurate list prices and inconsistent data.
- Listing Hardest Hit Funds that don’t exist.
- The Power of Due Diligence:
- Double-checking property ownership using the assessor's website.
- Identifying discrepancies in addresses and loan information.
- State Specific Make sure to know where the areas are that you are searching.
- Understanding a Potential Investors Objectives
- Must Be Occupied Why this point is so important for long term goals.
- Elimating notes that don't matter Why it's important to weed out what isn't going to work for you.
- Calculating Returns and Potential Profit: Analyzing potential yield and profit scenarios.
- Why you need to re-engineer those numbers to create success
- The Best Photo is Key to Getting Investors Involved
- What are some strategies that can be used
Ready to turn your note-finding skills into a profit-generating machine? Tune in now to unlock the secrets of tape analysis and start finding the deals that other investors miss! 🚀 💰
Watch the Original VIDEO HERE!
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