The Note Closers Show Podcast

By: Scott Carson
  • Summary

  • The Note Closers Show Podcast covers everything you don’t know about real estate investing today, specifically the world of note investing. Scott Carson, CEO of We Close Notes, interviews experts in the note investing field, including vendors he works with, and students he has trained. Prepare to be educated and entertained on the secrets of how you can control millions of dollars’ worth of property for pennies on the dollar, through investing in distressed real estate notes. Scott and his students have each closed thousands of deals, all over the United States. Listen each week to stay on top of the latest developments in note investing, how to get to the right people, avoid the wrong people, get the inside track on buying from the banks, find the notes you are looking for, negotiate the best price, and make the high returns you deserve. Whether you are focused on performing, nonperforming, owner-financed, first, second, residential or commercial notes, you are in the right spot! Scott will show you how to find the deals where others aren’t looking, how to get the banks to call you with deals, and how to attract the right type of investors who are looking to fund your deals. 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. Some of the previous guests of the Note Closers Show have been professional athletes, Emmy award-winning life coaches, and a variety of best-selling authors and experts in their fields to add value to the businesses and lives of the millions of listeners of the Note Closers Show across the United States and over one hundred different countries. You can also listen to the podcast on a variety of different AM and FM radio stations across the country. You can also watch the episodes on the WeCloseNotes YouTube channel. If you want to tap into the Note Closers Show family and information network, you can by texting Notes to 72000 or by checking out the WeCloseNotes.com website for a full schedule of events and trainings offered. www.WeCloseNotes.com

    Copyright 2018-2023 Scott Carson, We Close Notes, Inc | All rights reserved
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Episodes
  • The Exhausted Landlord Hack: TurboTenant
    Jan 15 2025
    Landlord Life Hack: TurboTenant Review & Interview with Krista RuetherAre you a real estate investor drowning in overflowing toilets and endless tenant communication? Let's be honest, sometimes landlord life feels more like a reality TV show than a lucrative business. This week, we dove deep into the world of streamlined rental management with Krista Ruether, Senior Education Content Manager at TurboTenant. Krista's insights and TurboTenant's features could be the game-changer you've been waiting for.Krista shared a wealth of information on common landlord pain points, offering solutions that had this podcast host nodding in agreement (and maybe even shedding a single, happy tear – because who doesn't love efficient processes?).The Three Biggest Landlord Pain Points (and How to Fix Them):According to Krista, the biggest hurdles for landlords are:Lack of Education: Don't know your landlord rights? You're setting yourself up for trouble. Krista emphasizes the importance of understanding local and state laws to protect your investment – and your sanity.Piecemeal Systems: Juggling spreadsheets, multiple apps, and endless manual tasks is a recipe for disaster. TurboTenant provides an all-in-one solution to manage applications, lease agreements, maintenance requests, and more.Treating Tenants as Adversaries: Krista suggests viewing tenants as business partners. A positive relationship fosters respect, reduces turnover, and maximizes your ROI. Think "win-win," not "landlord vs. tenant!"TurboTenant: More Than Just SoftwareTurboTenant isn't just software; it's a comprehensive platform designed to streamline every aspect of your rental business. Key features include:AI-Powered Lease Audits: Avoid legal nightmares with automated lease reviews that identify outdated clauses and missing disclosures. This one is a real time-saver!Automated Rent Collection: Say goodbye to late payments and awkward conversations. TurboTenant simplifies rent collection with automated reminders and secure online payment processing.Robust Communication Tools: Manage tenant communication effectively with integrated messaging features, maintenance requests, and more. No more chasing down tenants for repairs!Multi-Family Property Management: Scaling up? TurboTenant makes managing multiple units a breeze.Extensive Lead Generation: Reach a wider audience and fill vacancies quickly by syndicating your listings to dozens of popular rental websites.Beyond the Basics:The interview also touched on:Managing Squatters: Krista shared some helpful tips on dealing with this common landlord headache (without resorting to dramatic legal battles).Staying Up-to-Date on Legal Changes: Laws and regulations are constantly evolving. TurboTenant helps landlords stay informed and compliant.The Future of Rental Markets: Krista offered valuable insights into current market trends and future predictions, including the rising popularity of ADUs (Accessory Dwelling Units).Humor to Relate to:Remember that time you had to deal with a tenant who tried to pay rent in gold bars? Yeah, we've all been there. (Though we may not have accepted gold bars, at least not yet.)In a nutshell, TurboTenant isn't just software; it's a potential game-changer for landlords. If you're ready to streamline your processes, enhance tenant relationships, and boost your bottom line, check out TurboTenant today. You can find the link in the show notes.Call to Action:Visit TurboTenant.com to learn more and sign up for a free account. Let Krista and her team help you take control of your rental business! Leave your comments below - and let us know your own landlord war stories!Watch the original VIDEO HERE!Book a call 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 Vimeo
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    47 mins
  • Mastering Your Note Buying Buy Box
    Jan 14 2025
    Master Your Buy Box: The Note Guy's Guide to Note Investing SuccessHappy Money Mondays, everyone! Scott Carson, The Note Guy, is back with another insightful episode, this time focusing on a crucial aspect of successful note investing: defining your buy box. Think of your buy box as your ideal note profile—the criteria that determine whether a note is worth your time and money. No more chasing every shiny object that comes your way!Scott's approach is all about strategic focus and streamlined efficiency. He’s seen it all: the rookie mistakes, the near misses, the occasional big wins—and he's ready to share his hard-earned wisdom with you. He emphasizes that a clearly defined buy box keeps you focused on profitable deals, saves you time and energy, and boosts your overall success.Key Elements of a Profitable Buy Box:Active vs. Passive: Are you an active investor who enjoys hands-on deal-making, or are you a passive investor who prefers low-maintenance, high-yield investments? Your buy box must align with your chosen level of involvement.ROI Targets: What's your desired rate of return? This depends on factors such as whether you're using your own funds or OPM (other people's money), the risk tolerance for your investment, and the timeframe for your investment. Scott suggests higher ROI targets for active strategies and lower targets for passive ones.Geographic Focus: Will you focus on local deals or cast a wider net? Consider factors such as your familiarity with different markets, transportation costs, and the local laws and regulations governing foreclosures. Scott cautions against getting "spread too thin," emphasizing the importance of mastering your local market before expanding.Asset Preferences: Do you prefer residential or commercial properties? What's your preferred price point? Scott suggests prioritizing occupied properties (to minimize rehab costs and potential headaches) and avoiding unique or overly complex assets.Legal Considerations: Are you comfortable navigating judicial or non-judicial foreclosure processes? Judicial foreclosures can be lengthier and more complex, so consider your tolerance for this.Humor and Relatable Moments:Scott sprinkles his expertise with plenty of humor and relatable anecdotes, drawing on his extensive experience in the note investing world. He pokes fun at the "joker brokers" who claim to buy "everything," highlighting the importance of clearly defining your criteria for success. He also shares some cautionary tales about the pitfalls of buying vacant properties or chasing after low-yield, short-term deals.He emphasizes the importance of avoiding "shiny object syndrome," which can lead to making emotional decisions and wasting valuable time and resources. He also cautions against unrealistic expectations and the need to balance active and passive strategies.Actionable Steps to Creating Your Buy Box:Self-Assessment: Analyze your investing style, experience level, financial resources, and risk tolerance.Market Research: Gather information on local market conditions, property values, and foreclosure laws.Define Your Criteria: Based on the previous two steps, create a detailed profile of your ideal note.Test and Refine: Implement your buy box and track your results. Make adjustments as needed, focusing on what works and discarding what doesn't.Building a well-defined buy box is the foundation for successful note investing. By sticking to your criteria, you'll save time, minimize risk, and maximize your potential for profitability. Listen to Scott's podcast for more in-depth insights!Watch the original VIDEO HERE!Book a call with SCOTT HERE!Sign up for the next Note Buying WorkshopLove 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 Vimeo
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    44 mins
  • How to Become A Note Investor in 2025
    Jan 7 2025
    Become a Note Investor in 2025: The Note Guy's Action PlanHappy New Year, fellow real estate enthusiasts! This year, let's stop dreaming about building our real estate empires and start making it happen. This week on The Note Closure Show, Scott Carson, aka The Note Guy, laid out a no-nonsense roadmap for becoming a successful note investor in 2025. No more wishing, no more waiting—it’s time for action!Scott emphasizes that note investing isn't a get-rich-quick scheme (sorry, folks, no overnight millionaires here!). It's a marathon, not a sprint, requiring patience, strategy, and a healthy dose of grit. He debunks the common misconception that wholesaling equates to note investing. Wholesaling is flipping deals for a quick profit; note investing is strategically acquiring and managing notes for long-term returns. Think of it like this: wholesaling is dating; note investing is marriage. One's a fling, the other is a commitment—and it yields far greater rewards.Scott's Key Strategies for Note Investing Success in 2025:Choose Your Niche: Note investing offers diverse niches. Do you want to focus on performing or non-performing notes? Residential or commercial? Owner-financed or institutional debt? Pick a niche that aligns with your experience, time commitment, and risk tolerance. Don't try to be a jack-of-all-trades; master one niche before branching out.Build Your Buy Box: Don't just buy any note that comes your way. Define your ideal note, including location, property type, loan amount, and terms. This is crucial for maximizing your ROI and minimizing risk. Scott's "buy box" strategy keeps him focused on notes with high cash flow potential.Master the Marketing Game: Forget outdated marketing strategies. Scott prioritizes direct outreach to lenders and banks through phone calls, email blasts, and—most importantly—LinkedIn. It may take some time to build a strong network but it's worth the effort. It's all about building relationships and letting lenders know exactly what you're looking for.Leverage the Power of Referrals: Your network is your goldmine. Build strong relationships with lenders, banks, and other note investors. Referrals often lead to the best deals.Embrace the Marathon Mindset: Note investing takes time, patience, and due diligence. Don't expect overnight riches. Focus on consistent marketing, due diligence, and building your portfolio. It's about steady progress and long-term returns.Humor and Relatable Moments:Scott's talk was peppered with hilarious anecdotes about the challenges and rewards of note investing, including his own mistakes (like the near-decade-long foreclosure process on a badly chosen junior lien). He emphasized that learning from mistakes is part of the process. You'll also find it funny when he calls out investors for making lowball offers on notes, reminding us that aggressive bidding won't always work—sometimes, relationship-building yields better results.The podcast also highlighted the importance of building a strong online presence. Think of it as your digital storefront. A well-designed website and a robust LinkedIn presence, along with some targeted advertising, can attract promising deals and investors alike. This is a must-have in today’s digital age.Scott's message is clear: Stop daydreaming and start taking action! 2025 is the year to seize opportunities. Don't wait for the perfect deal or the perfect moment. Start building your note-investing strategy today, and make this your most successful year yet!Watch the original VIDEO HERE!Book a call with SCOTT 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
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    45 mins

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