The Note Closers Show Podcast

Scott Carson
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Aug 12, 2025 • 28min

Deal or Dud? Discovering Red Flags in Due Diligence

In this episode, we dissect a deal that started with so much promise but quickly devolved into a non-performing note nightmare. Learn from my (mis)adventures as we uncover the importance of due diligence and what to do when a "performing" note turns out to be a dud. Get ready for some real talk and actionable insights that could save you from making a costly mistake!Initial Assessment: The deal involves a property in Toledo, Ohio, with a $106,000 UPB and a sales price of $110,000. The interest rate is 8.9%, with P&I payments of $845.71 a month. Sounds good, right?The Red Flags: Concerns arise when the previous value was $56,000, raising questions about the escalated sales price. Plus, current market rent is around $1,000 a month.Making an Offer: I dove in with an offer at $40,000, aiming for a sweet yield. But is it too good to be true?Collateral File Deep Dive: We explore the collateral file, including underwriting, property insurance, closing documents, and servicing history. Time to put on our detective hats!BPO Blues: The exterior BPO comes in at around $60,000, which is lower than expected. Could this be a sign of trouble?Servicing History Shenanigans: The servicing history reveals a lack of consistent payments and late charges. Houston, we have a problem!The Seller Confession: The seller admits the note is not performing and apologizes for the misrepresentation. Honesty is the best policy... eventually.Foreclosure Fears: With the borrower making zero payments, foreclosure looms. Can we turn this ship around, or is it destined to sink?Cash for Keys Conundrum: Considering offering cash for keys to expedite the process and avoid costly foreclosure. A little sugar goes a long way!The Verdict: Based on the BPO and payment history, this deal is currently a dud. But with some savvy negotiation and a bit of luck, we might just salvage it.So, there you have it, folks! Another episode, another lesson learned. Remember, always do your due diligence, trust your gut, and never be afraid to walk away from a bad deal. Stay tuned for more note investing adventures, and don't forget to like, subscribe, and share the love! Until next time, keep chasing those deals and closing those notes! Peace out!Watch the Original VIDEO HERE!Check out Scott's AI Clone 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 PinterestSign up for the next FREE Note Weekend Class HERE!
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Aug 7, 2025 • 24min

Meet Scottt's Clone! AI Powered Note Investing

Ever wish you could be in two places at once? Or wish that I could be there by your side to help you with your due diligence on a note deal? This episode of The Note Closers Show gets one step closer to that! I present to you Scott Clone! 🤖I'm dropping the bomb on my OWN AI clone – The NoteGuy clone. It's trained on 15 YEARS of my knowledge (podcasts, webinars, etc) so you are never far away from the answers to your questions.Here's what's inside:My Brain, Now Yours: Access my note investing knowledge 24/7.What Can it do: Find deals, due diligence, capital raising, + MORE.The 'Why' Behind the Clone: Solving YOUR pain points + what pain points it solves for meBeta Feedback: Here what I found and how this can help you!How It Works: We look at my Clone's website and the starter questions I've added to help you!Stop wasting time! Tap into the power of AI in real estate, get educated, and start crushin' it. Check it out and give it a try HERE! Let me know how it works for you!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 PinterestSign up for the next FREE Note Weekend Class HERE!
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Aug 5, 2025 • 29min

Performing Note Arbitrage: South Texas Case Study

Yeehaw, y'all! Scott Carson's back with a Money Monday breakdown that'll make you shout "Show Me the Money!" This week we're diving DEEP into a South Texas arbitrage deal that left students shouting Eureka at the last workshop!It's a note in Floresville, Texas! It's land! It's a mobile home! It's a performing note with a huge discount! What is there not to love? The higher the yield, the better in this analysis.What we are covering in this episode:Arbitrage 101: Buy low, sell high.The Floresville Deal: The ins, outs, and red flags.Private Investor Financing Secrets: How to structure for maximum profit.Risk Rundown: Mitigate those foreclosure fears.Value Check: How to pull comps and avoid overpaying.This ain't your grandma's real estate! This is a straight shot on how it's time to capitalize and check out this case study. Then, go rinse and repeat to exponentially grow your note 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 PinterestGet Signed Up For the Next Note Buying Workshop HERE!
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Aug 1, 2025 • 56min

Land Note Magic: Jake Huddleston on Creating Notes & Self-Servicing

Tired of crowded markets? Scott Carson unearths a hidden gem: land note investing with Jake Huddleston from TerraNotes.com! Learn how to transform raw land into cash-flowing assets.Discover Jake's secrets to building a massive portfolio of over 2,000 acres and why he is the man behind the note servicing software, Terra Notes! Uncover a world beyond traditional note investing.What you'll learn:Huddleston's Journey: How he overcame early struggles to master land notes.Bass Boat Target: Understand land investments that attract buyers with disposable income.Note Terms (10/10/10): Learn the proven structure for land note deals.Creative Financing: Master the art of seller financing in land transactions.TeraNotes Platform: Streamline your note servicing with user-friendly software.More than just passive income: this is freedom! Find out the secrets and check the site to help make land note investing a breeze.Check out TerraaNotes.com/weclosednotes to get started! #noteinvesting #landinvesting #creativefinancingWatch 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 PinterestSign up for the next FREE Note Weekend Class HERE!
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Jul 31, 2025 • 53min

Capital Raising Strategies: Expert Insights from BlackBridge Capital

In this episode of The Note Closer Show, Scott Carson welcomes Thomas Black, MD, and Cole Oliver, the driving forces behind BlackRidge Capital, to delve into the intricacies of capital raising and navigating today's dynamic markets. Discover their unique insights on building investor relationships, managing risk, and identifying opportunities across various asset classes from someone who has raised over $100 million in private capital and exited over 30 different funds.Key Points Covered:BlackRidge: Focuses on strategic, value driven raising.Authenticity & transparency is key.Operations over marketing.Prioritize safety & predictable cash flow.Managed market challenges w/ communication.Preferred asset classes: industrial, raw land, distressed debt, affordable housing.Due diligence: Assess leadership & risk skills.Geographic focus: High-growth Texas, tax-efficient states.Avoid overpromising & understand deal pitfalls.AI: Content, analysis, client outreach.Invest in value.Thomas and Cole offer invaluable insights into raising capital, navigating the markets, and building lasting investor relationships. By emphasizing authenticity, strategic risk assessment, and transparent communication, BlackRidge Capital is poised to continue its success.This provides a high-level overview of the key topics discussed in the podcast. If you want to learn more, listen to the whole episode and visit BlackRidge.financial.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 PinterestBook a call with Scott today at HTTP://TalkWithScottCarson.com to see if 1:1 Note Coaching is right for you!
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Jul 28, 2025 • 24min

How To Make an Infinite Return on a Performing Note Deal in Toledo

In this episode of The Note Closers Show, Scott Carson dives into the world of infinite returns through a fascinating case study. This episode explores how to achieve above-average returns by strategically investing in performing or non-performing notes. Let's break down the key elements of this deal and understand the approach to evaluating such opportunities.Strategic Note Investment Opportunity: A performing note in Toledo, Ohio, is being offered at a significant discount, presenting an opportunity for a high return on investment. Initial due diligence is key to confirm updated valuations and potential upside.Leveraged for Strong Cash Flow: The note is owner-financed and has consistent cash flow, making it appealing. Understanding loan to value ratio and the potential future of rental revenue is crucial in determining if this deal is worth the investment.Infinite Return Potential Through Private Money: By utilizing private money lenders, the deal can be structured to minimize or eliminate the investor's personal capital, creating the potential for an infinite return on investment.Built-in Risk Mitigation Elements: The original loan included a title insurance policy, and adding a prepayment penalty can further protect against refinancing and ensure a minimum return even in early exit scenarios.Rehabbed Property with Appreciation Potential: The property has been recently rehabbed, and there is an increase in property value, as shown by a BPO. There is opportunity for refinancing and profit in the near future.This case study illustrates how to potentially achieve infinite returns through strategic note investing. By thoroughly analyzing deals, leveraging private money, and mitigating risks, investors can unlock significant profits. If you are looking to fund or buy deals like this one, then make sure to book a call with Scott to find out how you can start investing in the "Sexy Side of Real Estate" now!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 PinterestGet Signed Up For the WCN Membership HERE!
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Jul 23, 2025 • 29min

The Top 10 Signs You Are a Joker Broker

Are YOU a "Joker Broker"? Don't be THAT guy (or gal)! 🤡 Scott Carson hilariously exposes the top 10 signs you're butchering your note investing game. From sanitized lists to Hotmail accounts and claiming you have $20MM in capital with no buyers/sellers - we'll have you fix it ASAP! Watch out for these credibility killers and transform from a joke to a note investing ROCKSTAR! 🚀What You'll Learn:Why you need to ANSWER questions about your deals!The DANGER of sanitized lists (addresses matter!)Why "I need to jump on a call with my partners" is a death sentence.The TRUTH about having $20 million to buy notes.Why your social media profile MATTERS.How YouTube is good... But not a substitute for actually knowing things.What NOT to do with Proof of Funds and LOIs.and so much more!Want to REALLY learn note investing the right way? Check out NoteBuyingForDummies.com for our Virtual Note Buying Workshop.Don't waste your time (or ours)! Let's get you on the path to success.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 PinterestGet Signed Up For the Next Note Buying Workshop HERE!
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Jul 22, 2025 • 58min

Breaking Down 20 Nonperforming Apartment Notes

In this episode of The Note Closers Show, we're diving deep into the world of multifamily note investing. Join us as we analyze a tape of 20 non-performing multifamily notes, uncovering potential opportunities and walking you through the essential due diligence steps. Whether you're a seasoned note investor or just starting out, this episode provides valuable insights into identifying profitable deals and maximizing your returns in the distressed debt market.What We Cover:Analyzing a Tape of 20 Multifamily Notes: Overview of a recent tape of 20 non-performing multifamily loans.Money Monday: This episode will help you make money on MondaysDeal Flow: Understand the types of properties included (Georgia, Florida, Ohio, Connecticut, Illinois, Indianapolis, New York, New Jersey, Milwaukee) and the mix of opportunities.Understanding RTL Loans: Discover how to evaluate residential transition loans and rehab projects.Key Metrics: Learn how to interpret loan amounts, initial draws, holdbacks, interest rates, and default rates.Property Evaluation: Analyzing properties in various locations, including Chicago, Indianapolis, and Fayetteville, NC.Rehab vs. Value: Determining how to figure out if you should rehab the property or what the value is.Due Diligence Insights: Gain valuable tips on assessing property condition, occupancy, and potential cash flow.Bidding Strategies: Guidance on formulating bidding strategies, including offering 65 cents on the dollar.Foreclosure Process: Learn the steps involved in foreclosure and rent collection as a lender.Deal Examples: Exploring specific properties in Milwaukee and Miami, and what to watch out for.Conclusion:This episode equips you with the knowledge and tools to confidently evaluate non-performing multifamily notes. We hope this in-depth analysis inspires you to take action and identify your next profitable investment.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 PinterestGet Signed Up For the Next Note Buying Workshop HERE!
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Jul 17, 2025 • 40min

How Many Banks Are Selling Notes?

Tired of note investing myths and people telling you something can't be done because they've never done it themselves? Scott Carson of The Note Closers Show exposes the truth about buying notes directly from banks! Discover untapped opportunities and strategies to boost your note investing game.In this episode, we'll cover:Debunking the Myth: Buying notes from banks IS possible! Learn how.Key Numbers & Stats: Licensed lenders, non-bank lenders, and servicing companies.Bank Motivations: Why banks sell notes (and what they don't publicize).Finding Deals: Proven marketing tactics using LinkedIn, direct outreach, and more.Advantages of Bank Notes: Cleaner paper, uniform files, and bigger discounts.Repeat Deal Flow: How to create consistent opportunities.Non-Performing Notes: Strategies for success.Addressing Disadvantages: Marketing, professional image, and higher price points.Avoiding Common Mistakes: Due diligence, BRRRR strategy for note investing.Ready to take your note investing to the next level? Watch or listen now to unlock the secrets!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 PinterestGet Signed Up For the WCN Membership HERE!
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Jul 15, 2025 • 17min

The Real Reason Why You Can't Find Note Deals

Ready to escape the "expert" BS and finally find real note deals? Scott Carson's fired up and telling it like it is in this rant-fueled episode. Stop getting spoon-fed from people who don't know how to find deals and start MARKETING – it's the ONLY way to win in 2025!Here's what you'll learn:Drop the Fake Expertise: Real skills over fancy acronyms. L-A-Z-Y = Dead End: Why you need to stop relying on people to give you lists.Follow Up or Fail: The one step newbies skip (and why it's CRUCIAL).Niche Down & Dominate: Focus + killer marketing = massive wins.Don't Wait for Tapes to Find YOU: It's Time for you to start building your own systems!Conclusion:Ready to stop failing and make real money in notes? It's time to take action. Stop wasting time and money learning from people who can't market themselves out of a wet paper bag! Take the tools and techniques that Scott teaches to help climb your way to the top! 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 PinterestGet signed up for the Next Virtual Note Buying Workshop Now!

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