Summary:
In this episode of the Straight to the Money podcast, host Dylan interviews Scott Carson, a note buyer from Austin, Texas. Scott shares his journey from traditional real estate to specializing in note investing, discussing the flexibility and opportunities within the note buying space. He explains how to approach distressed properties, the importance of building relationships with banks, and the financial mindset necessary for success in real estate. The conversation also touches on consumerism and the challenges of affordability in today's housing market, concluding with resources for aspiring note investors.
Chapters
(00:00) Introduction to Note Buying and Scott Carson's Journey
(02:55) Transitioning from Traditional Real Estate to Note Investing
(05:54) Understanding the Note Buying Process
(08:53) The Flexibility of Note Investing
(11:56) Entry Points and Capital for Note Investing
(14:50) Building Relationships with Banks and Note Sellers
(17:57) Challenges and Experiences in Distressed Properties
(20:51) Consumerism and Financial Mindset
(23:54) Conclusion and Resources for Aspiring Note Investors
