59 Non-Performing Notes: Portfolio Analysis & Deal-Finding Strategies
Hey Note Closers! Scott Carson here, ready to dive into a fresh tape of 59 non-performing notes. This episode is all about practical analysis, identifying potential opportunities, and avoiding common pitfalls when evaluating a large portfolio of distressed assets.
Key Aspects Covered:
Portfolio Overview: We begin with an overview of the portfolio, noting the geographic distribution of the notes and the prevalence of foreclosure and bankruptcy proceedings.
Initial Screening: I discuss the initial steps for narrowing down the list, including eliminating states or counties you don't want to invest in and identifying properties with low values or undesirable characteristics.
Analyzing Key Metrics: We delve into the key metrics to consider, such as the last payment date, legal balance, property value, and foreclosure status.
Identifying Potential Deals: I share my thought process for identifying notes that offer the best potential for profit, considering factors like equity, cash flow, and foreclosure timelines.
The Importance of Due Diligence: I emphasize the need to conduct thorough due diligence, including reviewing property conditions, legal documents, and borrower information.
Practical Insights:
This episode provides a real-world example of how to approach a non-performing note portfolio and make informed investment decisions. You'll learn how to:
- Quickly assess the value of a note
- Identify potential red flags
- Develop a targeted investment strategy
- Take Action:
Ready to put these strategies into practice? Book a call at talkwithscottcarson.com to discuss your individual needs and explore how to get started in note investing.
Watch the original VIDEO HERE!
Love the show? Subscribe, rate, review, and share!
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!
Take Your Asset Protection to a Whole New Level with Laughlin and Associates!