EP 157 - Buying Distressed Notes To Make Millions with Scott Carson

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Buying Distressed Notes To Make Millions with Scott Carson

Episode 157

We’re veering off the topics of wholesaling and flipping to explore a new topic: note investing.

In this episode, Mike is joined by Scott Carson, a note investor and host of The Note Closer Show Podcast. He found his creative niche in this long lost part of real estate, buying over a billion dollars worth of debt in the last 15 years and helping borrowers keep their homes.

Scott has a ton of expertise on note investing to share, including why it’s a fruitful business, his strategy for finding deals, what kind of returns you can expect from distressed notes, and more.

To learn more about making money off debt and helping owners in need, tune in now!

Topics discussed in this episode:

• The ins and outs of note investing
• How his business, We Close Notes, find and evaluate assets
• Areas Scott avoids buying notes
• Legalities of raising money tied to debt
• A typical exit strategy on a foreclosed property
• The Dodd-Frank Act compliance
• Average returns from performing/non-performing notes
• Scott’s advice to start investing
• Unbelievable real estate stories

Join Scott Carson for Note Weekend, a special 1-day event that teaches you everything you need to know about note investing! Follow this link and use keyword “COLLECTING” to get free access: https://noteweekend.com/

Learn more about We Close Notes, check out their classes, and listen to The Note Closer Show Podcast! https://weclosenotes.com/

Book a call with Scott Carson here: https://talkwithscottcarson.com/

If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/store

Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/free

If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!

Collecting Keys Podcast Resources:

http://www.collectingkeyspodcast.com

http://www.instagram.com/collectingkeyspodcast

http://www.instantinvestorprogram.com

http://www.instagram.com/mike_invests

http://www.instagram.com/investormandan

This episode was produced by Podcast Boutique http://www.podcastboutique.com