Welcome to our latest episode! Today, we’re thrilled to have Scott Carson, aka "The Note Guy" on the podcast. Scott is an investor, entrepreneur, marketer, and the owner of WeCloseNotes.com. He has been an active real estate investor and entrepreneur since 2002, focusing on the niche of distressed mortgage notes. Since 2008, he has purchased over $1 billion in distressed notes on residential and commercial properties across the country and has helped thousands of real estate investors and entrepreneurs create wealth through his classes. He is also the host of the nationally syndicated "The Note Closers Show" podcast, which reaches millions of listeners across 130 countries.In this insightful episode, Scott delves into his journey in real estate, sharing his transition from traditional real estate to non-performing notes and offering strategies for navigating this unique space. Scott explains how he works with borrowers to restructure loans, his approach to due diligence, and current trends in commercial and residential note investing. Whether you're a seasoned investor or just getting started, Scott provides invaluable insights into how you can diversify your portfolio and create wealth through note investing.Tune in now to learn more about how you can capitalize on non performing loans, for Scott Carson's expert advice and strategies!
HIGHLIGHTS OF THE EPISODE00:24 - Guest intro: Scott Carson
03:00 - How Scott transitioned into note investing
06:00 - What it means to buy distressed debt at a discount
10:00 - Current trends in commercial and residential note investing
13:00 - Working with borrowers to restructure loans
17:00 - Due diligence process in note investing
22:00 - Challenges and opportunities in today’s market
29:00 - How to get started in note investing with little capital
31:00 - Final thoughts and how to connect with Scott
If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.
CONNECTING WITH THE GUEST
Website: https://weclosenotes.com/
Linkedin: https://www.linkedin.com/in/1scottcarson/
Youtube: https://www.youtube.com/c/WeCloseNotes
Full Transcript:Intro: Welcome to the BigMikeFund Podcast, where you'll learn about advanced wealth building strategies from real estate investing to creating massive ROI and secure retirement profits. So pour yourself a cup of coffee, grab a notepad, and lean in. Because Big Mike has got the mic, starting now.
Mike Zlotnik: Welcome to the BigMikeFund Podcast. I'm the Big Mike, Mike Zlotnik, and today it is my pleasure and a privilege to welcome Scott Carson. Hey Scott.
Scott Carson: What's up, Big Mike? Good to see you. Good to be here.
Mike Zlotnik: Good to see you too. Thanks for coming on the podcast. Let me go through a formal introduction. Scott has been an active real estate investor and entrepreneur since 2002, focusing on the niche distressed mortgage notes.
Since 2008, he has purchased over a billion dollars in distressed residential commercial properties all over the United States, sell thousands of real estate investors and entrepreneurs create wealth through his classes, helping his students close thousands of deals. That's wonderful. He also hosts the podcast called the note closer show podcast and avid sports fan.
He spends his free time traveling, gardening, making memories. He lives in Austin, Texas, and he's got cats, a few cats. So, I have a cat, you have a couple of cats, it's pretty cool. Cats are cool. And if you're a dogs fa...