

The Note Closers Show - The #1 Podcast for Note Investing
Scott Carson
Explore the world of real estate note investing and gain insights into controlling real estate at huge discounts!Are you a real estate investor or entrepreneur looking to expand your knowledge in the market? Welcome to "The Note Closers Show Podcast," a podcast dedicated to real estate investing, with a focus on note investing.Join your host, Scott Carson, a seasoned investor with experience in real estate and note investing. This podcast aims to provide a comprehensive look at buying, selling, and managing mortgage notes and paper assets.What You'll Learn & Who You'll Meet:Distressed Asset Insights: Learn about buying non-performing and performing notes from various sources and how this relates to controlling properties.Expert Interviews: Scott features discussions with industry experts, including attorneys, loan servicers, title experts, vendors, and successful individuals in the field.Actionable Strategies: Gain insights into finding deals, performing due diligence, negotiating, creative financing techniques, and potentially maximizing returns.Beyond the Notes: The show also delves into entrepreneurial skills such as marketing, raising capital, business systems, and the mindset needed for success in various market conditions.Inspiration & Entertainment: Listen to engaging conversations with diverse guests who share their journeys.Why Tune In?Whether you're new to real estate investing or have experience, Scott aims to provide knowledge and clarity to help you in your endeavors. The content is presented with a focus on finding opportunities.Join the Community:Listen to new episodes weekly across major podcast platforms and watch on YouTube.Find free resources and a schedule of events and training at www.WeCloseNotes.com.Learn more about potential coaching opportunities by booking a call at www.TalkWithScottCarson.com.Subscribe now to explore real estate note investing!
Scott also brings in experts in marketing, entrepreneurship, business, and mindset to help his audience in the day-to-day grind of being a business owner, investor and entrepreneur. With over a decade of experience as the “Note Guy” Scott has invested in all types of note investments. Ranging from residential assets on an individual or large bulk basis to commercial notes in each asset class, Scott has the connections and knowledge to help his students take down all property types. If you have an appetite to grow your business from single family homes to multifamily, self-storage, mobile home parks, mixed-use, strip malls or other asset classes, Scott brings on the experts in these different fields to help give you guidance and clarity as a note and real estate investor to find success at your own pace.
The Note Closers Show also features a variety of different experts and vendors, ranging from attorneys, servicing companies, special servicing experts, title experts, and other real estate professionals to help you organize your own note business and have the best possible team of professionals at your disposal. Along with these experts, Scott also spends time identifying market and deal opportunities across the multiple facets of the note and paper industry.
Scott also realizes that work isn’t everything to an entrepreneur, and that’s why he also mixes in the occasionally mindset expert and guest wild card to keep his shows content fresh and relevant in today’s everchanging investment environment. It’s common for Scott to add an award-winning personality, athlete or podcaster to the stellar lineup of guests who might make a surprise appearance on the podcast. Scott’s willingness to be an open book and share the different facets of his business, life, and journey and his ability to use humor (and his sound effects) will keep you coming back again and again.
Scott also brings in experts in marketing, entrepreneurship, business, and mindset to help his audience in the day-to-day grind of being a business owner, investor and entrepreneur. With over a decade of experience as the “Note Guy” Scott has invested in all types of note investments. Ranging from residential assets on an individual or large bulk basis to commercial notes in each asset class, Scott has the connections and knowledge to help his students take down all property types. If you have an appetite to grow your business from single family homes to multifamily, self-storage, mobile home parks, mixed-use, strip malls or other asset classes, Scott brings on the experts in these different fields to help give you guidance and clarity as a note and real estate investor to find success at your own pace.
The Note Closers Show also features a variety of different experts and vendors, ranging from attorneys, servicing companies, special servicing experts, title experts, and other real estate professionals to help you organize your own note business and have the best possible team of professionals at your disposal. Along with these experts, Scott also spends time identifying market and deal opportunities across the multiple facets of the note and paper industry.
Scott also realizes that work isn’t everything to an entrepreneur, and that’s why he also mixes in the occasionally mindset expert and guest wild card to keep his shows content fresh and relevant in today’s everchanging investment environment. It’s common for Scott to add an award-winning personality, athlete or podcaster to the stellar lineup of guests who might make a surprise appearance on the podcast. Scott’s willingness to be an open book and share the different facets of his business, life, and journey and his ability to use humor (and his sound effects) will keep you coming back again and again.
Episodes
Mentioned books

Nov 6, 2026 • 16min
The Evolution of a Real Estate Investor: 20 Years in the Trenches with Scott Carson
Can you believe it has been 20 years since Scott Carson bought his first investment property in Round Rock, Texas, and transitioned into the world of distressed note investing? Welcome back to a very special anniversary episode of The Note Closers Show! In this milestone reflection, Scott pulls back the curtain on two decades in the trenches of real estate debt, banking, and entrepreneurship. Scott opens up about his humble beginnings, early failures during the 2008 crash, losing his father, and why surviving the highs and lows comes down to one simple truth: never giving up. He breaks down why chasing "get-rich-quick" schemes leads to ruin, how constant evolution and embracing AI tools keep sustainable businesses alive in 2027, and why mastering the fundamentals of marketing and single base hits beats swinging for the fences every time. Whether you are a brand-new investor or a seasoned operator facing a market pivot, this episode is a masterclass in grit, mindset, and long-term wealth building. Key Topics Covered:20 Years of Evolution: Reflecting on Scott's 20-year journey from a laid-off corporate employee to facilitating over $1 billion in distressed residential and commercial debt. The Danger of Get-Rich-Quick Bros: Why flashy internet marketers who launch quick schemes eventually fail, while sustainable, relationship-driven operators thrive. Embracing the Work: Why modern real estate success requires constant skill acquisition, marketing consistency, and rolling up your sleeves instead of becoming lazy. The Power of Singles & Doubles: Why targeting digestible, smaller deals beats chasing massive commercial whale properties for everyday investors. Overcoming Fear (FEAR = False Evidence Appearing Real): How to push past mental blocks, handle business failures, and evolve your skill set for the changing market. Connect & Scale Your Portfolio:Book a 1-on-1 Strategy Call with Scott: talkwithscottcarson.com Learn Note Buying Fundamentals: weclosenotes.com Join the WCN Community: noteumbrella.com Here’s to the next chapter of growth, resilience, and success! Subscribe, leave a 5-star review, and share this episode with an entrepreneur who needs a dose of real-world motivation today! Watch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Nov 4, 2026 • 19min
What's Going on in Texas? The November Texas Foreclosure & Distressed Real Estate Update
Are you tracking the real-time pulse of distressed real estate in the Lone Star State? Welcome back to The Note Closers Show! In this special monthly market breakdown, host Scott Carson delivers the November 2026 Texas foreclosure update. Recorded live on Super Tuesday, Scott analyzes the top distressed counties across Texas, reviewing the latest data on residential and commercial foreclosure filings, bankruptcies, short sales, and tax liens. Discover why Texas remains the fastest-moving foreclosure state in the country and how savvy investors utilize pre-foreclosure lists, rent-to-own data, and county courthouse auctions to uncover hidden opportunities. Whether you are investing in Dallas, Houston, Austin, San Antonio, Fort Worth, or Corpus Christi, this episode outlines where the distress is concentrating and how to capitalize on it. Plus, get the inside track on the upcoming Magnify Your Wealth Summit in Dallas! Key Topics Covered:Texas Foreclosure Overview: Analyzing the 4,720 statewide foreclosure filings and understanding why Texas acts as the fastest domino in the distress cycle. County-by-County Breakdown: A detailed look at foreclosure numbers in Harris County (Houston), Bexar County (San Antonio), Dallas, Tarrant, Travis (Austin), Hidalgo, and El Paso. Commercial vs. Residential Distress: Examining the 445 commercial foreclosure filings across Central, East, North, South, and West Texas regions. Leveraging Distress Data: How to turn bankruptcies, pre-foreclosures, and short sales into actionable real estate leads using platforms like Foreclosure.com. Magnify Your Wealth Preview: An exclusive invite to Laughlin Associates' 3-day asset protection and wealth summit in Southlake, Dallas, featuring a special $200 discount code (NOTES). Connect & Scale Your Portfolio:Access Nationwide Foreclosure Data: wcnforeclosures.com (7-day free trial!) Register for Magnify Your Wealth: magnifyyourwealth.com (Use code NOTES for $200 off!) Book a 1-on-1 Strategy Call with Scott: talkwithscottcarson.com Don't wait for the market to shift—stay ahead of the curve by tracking real-time distress data. Subscribe, leave a 5-star review, and share this episode with a fellow real estate investor! Watch the Original Video of this Episode HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Nov 2, 2026 • 27min
How to Leverage Foreclosure.com Data to Close More Deals
Are you tired of playing catch-up in the real estate market while the best deals slip through your fingers? Welcome back to The Note Closers Show! In this power-packed episode, host Scott Carson reveals why note investors possess the ultimate "crystal ball"—seeing distressed real estate trends, default spikes, and rising foreclosures 6 to 12 months before traditional realtors and fix-and-flippers ever notice. Scott breaks down how you can leverage real-time data sources like Foreclosure.com (via wcnforeclosures.com) to fuel your direct-to-consumer marketing, build authority on LinkedIn and Facebook, and avoid the trap of "toilet bowl marketing." Whether you want to know how to properly submit note deals, understand why skipping social media marketing will leave your business vulnerable to AI, or learn what to look for at your local county courthouse steps on Super Tuesday, this episode delivers a masterclass in market foresight and proactive lead generation. Key Topics Covered:The Note Investor's Crystal Ball: How note buyers track distress at the headwaters (defaults and lis pendens) long before properties hit the MLS or public auction block. The 2027 Marketing Imperative: Why realtors, loan officers, and real estate investors who fail to build social media authority and email lists will get left behind. Leveraging Foreclosure.com Data: How to use WCNForeclosures.com to track state-by-state default trends, pre-foreclosures, bankruptcies, and city-owned tax liens for content creation. Submitting Note Deals Correctly: Ground rules for evaluating debt, avoiding blind bids, and why you must never trust unverified borrower data. The Courthouse Advantage: Why attending live county auctions (like Bexar or Harris County in Texas) is an incredible networking ground for raising private capital. Connect & Scale Your Portfolio:Book a 1-on-1 Strategy Call with Scott: talkwithscottcarson.com Access Foreclosure Data Tools: wcnforeclosures.com Join the WCN Membership Community: noteumbrella.com Stop sitting on the sidelines—embrace proactive marketing, leverage real-time data, and subscribe to stay ahead of the curve! Watch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Oct 30, 2026 • 16min
Why You Need to Attend the #1 Asset Protection Conference
Asset Protection & Tax Strategies: Inside the Magnify Your Wealth Event with Scott Carson Are you doing everything right to build your real estate and business empire, but leaving your hard-earned assets completely unprotected against lawsuits? In this special public service announcement episode, host Scott Carson breaks down why attending the exclusive, limited-seating Magnify Your Wealth Summit in Southlake, Dallas (November 13th–15th) is an absolute game-changer for entrepreneurs, real estate investors, and retirees. With only 150 seats available and featuring elite experts like Aaron Scott Young from Laughlin Associates, top estate planning attorney Elizabeth Tress, note expert Scott Carson, and AI marketing strategists, this 3-day event delivers intensive, face-to-face education on corporate structures, asset protection, tax write-offs, and wealth magnification. Scott explains how to avoid piercing your corporate veil, leverage self-directed IRAs, and network with high-level operators without getting lost in a massive 1,500-person convention. Plus, Scott shares an exclusive $200 discount code (NOTES) for his listeners! RSVP at http://MagnifyYourWealth.com Key Topics Covered:The Magnify Your Wealth Experience: Why an intimate 150-person summit in Dallas allows for direct, face-to-face strategy sessions with top-tier asset protection experts and speakers. Asset Protection & Corporate Veils: How to properly structure LLCs, S-corps, and trusts through Laughlin Associates to ensure slip-and-fall lawsuits or business disputes don't wipe out your personal wealth. Estate Planning & Legacy: Insights from elite trust attorney Elizabeth Tress on navigating complex estate planning and multi-state structures. Retirement Wealth & Self-Directed IRAs: Tapping into retirement strategies with experts like Manny Drysdale from the IRA Club. Tax Optimization & AI Scaling: Leveraging advanced tax consulting from Stephen Hall and marketing/AI education from top futurists. Exclusive Listener Perk: How to use the discount code NOTES at magnifyyourwealth.com to instantly save $200 on General or Front-Line admission. Connect & Secure Your Seat:Register for Magnify Your Wealth: magnifyyourwealth.com (Use code NOTES for $200 off!) Book a call with Scott Carson and let’s set up a time to meet at the event!Don't wait until a lawsuit hits to play defense—secure your assets, scale your portfolio, and meet Scott live in Dallas by grabbing your ticket today! Watch the Original Video HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Oct 29, 2026 • 1h 6min
The AI Revolution in Real Estate Marketing: Dominate ChatGPT and Gemini Search with Patrick Yepez
Are you tired of wondering why your real estate website isn't getting leads while your competitors are dominating the search results? Traditional SEO as we know it is changing forever! Welcome back to The Note Closers Show! In this game-changing episode, host Scott Carson sits down with real estate investor, entrepreneur, and Dream Big Marketing Services founder Patrick Yepes to decode the massive shift from Google SEO to Generative Engine Optimization (GEO). With over 40 years of real estate experience and billions of weekly users migrating away from traditional search to AI platforms like ChatGPT, Gemini, and Google AI Overviews, adapting is no longer optional—it's essential for survival. Patrick breaks down the four critical layers of GEO optimization (Indexability, Clarity, Evidence, and Corroboration), explains the shift from telling the world what you do to proving it, and showcases a real-world website before-and-after transformation. Plus, Patrick shares an exclusive, high-value offer: a comprehensive free AI optimization audit and bonus resource package for real estate investors and business owners! Key Topics Covered:The Generative AI Shift: Why billions of users are moving from Google search to AI platforms like ChatGPT, and how search engines are evolving. SEO vs. GEO: The critical difference between traditional SEO (telling the world what you do) and Generative Engine Optimization (proving and verifying your expertise). The Four Layers of GEO: Deep dive into Indexability (crawl bots, LLM text files, schema), Clarity (service/location pages, E-E-A-T), Evidence (processes, reviews, case studies), and Corroboration (media mentions, backlinks, Google Business Profiles). Real-World Website Transformation: A case study of a real estate investor's website before and after GEO optimization—turning an invisible site into a high-trust conversion machine. Content Capsules & Answer Engines: How to structure FAQ sections, schema data, and local market pages so AI engines cite and recommend your business. Exclusive Free Offer: How to claim a comprehensive 413-step AI audit and a real estate investor bonus pack at aioptimization.dreambigmarketingservices.com. Connect & Scale Your Business:Claim Your Free AI Audit: https://reiaivisibility.com/rei-ai-visibility-ncs-podcast/ Connect with Patrick Yepes: patrickyepes.me Don't get left behind in the AI revolution! Watch the full video, claim your free AI audit, subscribe, leave a 5-star review, and share this episode with an entrepreneur ready to future-proof their business! Watch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Oct 28, 2026 • 45min
The Mobile Home Park Investing Playbook: Sourcing Deals, Seller Financing, and Property Management with Robert Howell
Are you looking for a proven blueprint to scale into mobile home parks and profitable land-home packages? Welcome back to another power-packed episode of The Note Closers Show! In this episode, host Scott Carson sits down with Robert Howell—South Carolina real estate investor, founder of Investor Direct Homes, creator of the Land-Home League, and host of the Purpose Driven Investor Podcast. Robert shares his incredible journey from managing global event marketing for corporate giants like Coca-Cola (working on the Tokyo Olympics!) to building an empire consisting of 27 mobile home parks, nearly 300 lots, and dozens of land-home packages across the Southeast. Robert breaks down his exact strategies for sourcing small-to-midsize parks using personalized direct mail, securing favorable seller financing, leveraging manufacturer dealership direct pricing, and managing properties passively through third-party teams. Whether you're a beginner looking to buy your first lot or an investor wanting to master affordable housing development, this interview is packed with actionable gold. Key Topics Covered:· The Olympic Pivot: How Robert transitioned from corporate event marketing during COVID into real estate wholesaling and affordable housing. · Mobile Home Park Sourcing: Using highly personalized direct mail letters to find off-market, under-performing parks (including a recent 8-lot park acquired for $125k). · Bank vs. Seller Financing: Why Robert prefers seller-carried paper with lower rates and full amortizations over traditional bank restrictions. · The Power of Land-Home Packages: Buying direct from factories to bypass retail markups, dealing with HUD-approved FHA/USDA financing, and streamlining rural lot development. · Passive Property Management: Setting up third-party management systems so that 28 parks and 300 lots only require 1–2 hours of work per week. · Teaching Kids Entrepreneurship: How Robert set up an owner-financed mobile home deal with his teenage boys to teach them real-world financial literacy, cash flow, and amortization. Connect with Robert Howell at HowellandSons.com Don't let market shifts hold you back—take control of your financial destiny, subscribe, leave a 5-star review, and share this episode with an investor ready to scale! Watch the original Video Here!Robert Howell is a South Carolina real estate investor who owns 27 mobile home parks (almost 300 lots) and does land-home packages, placing new manufactured homes on land. He did 50 last year across SC, GA, TN and NC. He owns Investor Direct Homes, a licensed manufactured home dealership, so he buys homes direct from the factory. He runs Land Home League, which teaches land-home investing, and hosts The Purpose-Driven Investor podcast. Clemson BS in Marketing and MBA.Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Oct 23, 2026 • 12min
Don't Be An Owner-Financing Idiot!
Thinking about offering owner financing on your investment property? Before drafting terms or skipping professional oversight to save a few hundred dollars, make sure you aren't creating unsellable paper. Welcome back to The Note Closers Show! In this candid, straightforward episode, host Scott Carson breaks down the common pitfalls real estate sellers face when originating owner-financed notes without professional help. Scott addresses a recent inquiry regarding attorney referrals for owner financing, detailing why every seller must structure their paper as if it will be sold on the secondary market. He highlights the necessity of using a Licensed Residential Mortgage Loan Originator (RMLO) to properly qualify buyers, evaluate debt-to-income (DTI) ratios, verify credit scores, and align with state compliance standards. Learn why under-market interest rates, low down payments, and missing third-party loan servicing can reduce note values, and discover the exact steps needed to build compliant, high-yielding mortgage paper from day one. Key Topics Covered:Structuring for Secondary Market Sales: Why every owner-financed note should be drafted with secondary market buyers in mind—even if you intend to hold it long-term. The Role of Licensed RMLOs: Why utilizing an RMLO to verify borrower credit, income, and DTI ratios is critical to maintaining paper validity. State-Level Compliance & Interest Rate Caps: Navigating state-specific guidelines, such as Pennsylvania's statutory caps on smaller loan amounts. The True Cost of Below-Market Terms: How originating notes at below-market rates (e.g., 4% when market rates are higher) leads to deep secondary market discounts. Third-Party Loan Servicing: Why self-collecting payments can introduce unnecessary risk and how third-party servicing handles ongoing administration efficiently. Down Payment & Equity Requirements: Why adequate buyer down payments are necessary to establish true skin-in-the-game. Connect & Learn More:Book a 1-on-1 Strategy Call with Scott: talkwithscottcarson.comLearn Note Buying Fundamentals: weclosenotes.comRegister for the Virtual Note Buying Workshop: notebuyingfordummies.comDon't let short-sighted origination choices ruin your paper's secondary value! Subscribe, leave a 5-star review, and share this episode with a seller looking to structure owner financing correctly. Watch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Oct 22, 2026 • 20min
Real Estate Note Investing Warning: The Risks of Non-Performing Junior Liens
Thinking about buying a cheap junior lien or a 5th position real estate note? Think twice before you put your money at risk! In this public service announcement episode of The Note Closers Show, host Scott Carson breaks down why investing in junior liens—especially 3rd, 4th, 5th, or 6th position notes—is one of the fastest ways to get wiped out in real estate. Scott shares real-world horror stories from the trail, including how an investor in Los Angeles got suckered into a 6th lien position behind $900,000 of underlying debt, and how an overconfident auction bidder dropped $15,000 on a 2nd lien without checking title—leaving him responsible for a $180,000 senior mortgage. Scott explains the foreclosure mechanics of senior vs. junior debt, why bankruptcy courts strip encumbered junior liens, and why focusing exclusively on non-performing first liens is the safest, most profitable strategy for real estate investors. Key Topics Covered:The 5th & 6th Lien Trap: Why junior liens marketed for "pennies on the dollar" are often completely uncollateralized and worthless. Real-World Case Study (LA Property): How a homeowner stacked six separate $100,000 liens against $1M in equity, leaving junior lenders with zero recovery protection. Foreclosure Auction Misconceptions: Why buying a junior lien at auction does NOT wipe out the 1st mortgage and leaves you liable for underlying payments. Lien Stripping in Bankruptcy: How Chapter 13 bankruptcy courts strip encumbered junior liens when property values dip below senior debt balances. The Importance of Title Work: Why you must ALWAYS pull title reports, check for senior mortgages, and verify recorded documents before closing any deal. First Liens as the Safe Alternative: Why first-lien note buyers are protected by the physical property, title priority, and insurance coverage. Connect & Scale Your Portfolio:Book a 1-on-1 Strategy Call with Scott: talkwithscottcarson.comLearn Note Buying Fundamentals: weclosenotes.comRegister for the Virtual Note Buying Workshop: notebuyingfordummies.comStop chasing low-quality, high-risk junior debt! Subscribe, rate, review, and share this episode with an investor who needs a reality check on title due diligence! Watch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Oct 19, 2026 • 24min
Uncovering Deed Fraud in Distressed DSCR Notes: Houston Case Study
When evaluating seasoned non-performing notes, thorough due diligence is the ultimate line of defense. Welcome back to The Note Closers Show! In this episode, host Scott Carson breaks down a fascinating case study involving a defaulted Debt Service Coverage Ratio (DSCR) investor loan in Houston, Texas. What initially appeared to be a standard non-performing note with an underwater balance quickly turned into a masterclass in uncovering potential deed fraud and unauthorized subject-to transfers. Scott walks you step-by-step through the property metrics, initial DSCR valuation drops, and the exact red flags he spotted while auditing county tax and deed records. Learn how to examine suspicious general warranty deeds, detect copy-pasted PDF signatures, spot out-of-state notary discrepancies, and identify improper legal language like lis pendens in non-judicial foreclosure states like Texas. Plus, Scott outlines his exact bidding strategy—offering $194,000 (65% of as-is value) on a $300,000 property—and details how to leverage cash-for-keys or legal pressure to resolve title defects and capture a projected 25% annualized return. Key Topics Covered:DSCR Note Profile: A 4-bedroom, 2-bath, 1,518 sq. ft. Houston property refinanced into a DSCR investor loan in late 2025 at $395,000, now sitting 8–9 months delinquent. Market Correction Math: Analyzing value drops from $395,000 down to a realistic $298,000–$300,000 market value against an unpaid principal balance (UPB) of $293,000. Uncovering Potential Deed Fraud: How auditing Harris County tax and deed records revealed a suspicious transfer to a new LLC using copy-pasted signatures and out-of-state Florida notary stamps. Red Flags in Title Records: Identifying improper legal terms (such as Florida lis pendens clauses used in Texas filings) and handling unauthorized "subject-to" takeovers. 65% As-Is Bidding Strategy: Why Scott capped his bid at $194,000 (~65% of current market value) rather than bidding off the inflated $320,000 legal balance. Resolution & Exit Strategies: Budgeting $5,000 for attorney/foreclosure costs, offering cash-for-keys, or completing a non-judicial foreclosure to net a projected $52,000 profit (25% ROI). Connect & Learn More:Book a 1-on-1 Strategy Call with Scott: talkwithscottcarson.comRegister for the Virtual Note Buying Workshop: notebuyingfordummies.comJoin the WCN Membership Community: noteumbrella.comDon't let title complications scare you away from high-yield deals—learn how to spot the red flags and profit from problem properties! Subscribe, rate, and share this episode today!Watch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Oct 16, 2026 • 18min
Texas Real Estate Note Deal Breakdown: 18% LTV Non-Performing First Lien Case Study
Looking for real-world case studies on non-performing notes with massive equity? Welcome back to The Note Closers Show! In this episode, host Scott Carson breaks down a high-equity, low-LTV non-performing note deal in Conroe, Texas. Scott walks you through the initial evaluation, bidding numbers, foreclosure returns, and the exact exit strategies considered for this $90,000 cash-out refi first lien. Scott breaks down the math on a 四-bedroom, 3,600 sq. ft. home valued around $500,000 with an unpaid principal balance under $89,000 (roughly 18% LTV). He explains why an 80% UPB bid ($71,100) made mathematical sense, how foreclosure or hard-money refinance options would yield a 33%+ annualized return, and what happens to your yield if a borrower files Chapter 13 bankruptcy or enters a loan modification. Scott also shares why he ultimately lost the deal to a whole-tape buyer and outlines the key lessons every investor should know when bidding on multi-state asset pools. Key Topics Covered:Conroe, Texas Asset Profile: A four-bedroom, five-bath, 3,600 sq. ft. property valued near $500,000 with an Unpaid Principal Balance (UPB) of just $88,900 (~18% LTV). Loan Details: 30-year cash-out refi first lien at a 6.625% interest rate with monthly payments under $600, sitting 12 months delinquent. Bidding Strategy at 80% UPB: Offering $71,100 for the note to target a $24,000 gross foreclosure profit, creating an annualized return above 33% within 90 to 120 days. Chapter 13 Bankruptcy Math: Analyzing the conservative downside risk if a borrower files a 5-year repayment plan—yielding an $8,352 annual cash flow (~11.76% ROI). Single Asset vs. Whole Tape Bids: Why seller preference for full-pool buyers led to a whole-tape bid at 85% UPB across 7 states, including slow-foreclosure jurisdictions like New York, Maryland, and Pennsylvania. MLS & Foreclosure Signals: Tracking active listings on HAR/Zillow and recognizing when a pulled listing indicates loan modifications, forbearance agreements, or impending auction dates. Connect & Learn More:Book a 1-on-1 Strategy Call with Scott: talkwithscottcarson.comRegister for the Virtual Note Buying Workshop: notebuyingfordummies.comJoin the WCN Membership Community: noteumbrella.comDon't miss out on valuable market breakdown episodes—subscribe, rate, review, and share this video with a fellow investor today!Watch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest


