Real estate note investing is not your typical investing business. The most critical aspect is knowing what your financing options are, as well as how and when to use those options. –Forbes
This week I sit down with Scott Carson, CEO of We Close Notes. His company focuses on buying pools of distressed assets on residential and commercial properties direct from banks and hedge funds. He also teaches other real estate investors how to invest in non-performing notes. As if this didn’t keep him busy enough, he also hosts the podcast, The Note Closers Show.
On today’s show, Scott takes us from his low period in which he sold everything but his dog and his truck to generating $500MM in assets. He has managed to pack in a lot of information on this episode from how to negotiate with borrowers to the step-by-step process of how anyone can get into the note business. Scott also discusses the process of taking over from a bank, what kind of deals you can expect buying distressed notes as well as where to find capital.
Click here to tune in!
Scott Carson Information:
Text notes to #7200 for more information
Scott’s Favorite Book:
Further Information on Alternative Real Estate Investing
#INVESTTHIS EP 12: Niche Market Real Estate: Do You Find The Deal or Money First?
Want to start in wholesaling? I got my first deal going using this system. Click here to check it out.
Tip of the Day:
[spp-tweet tweet=”Stop daydreaming and start focusing and taking action to make it happen. -Scott Carson”]