Great Returns Passively Through Non-Performing Notes with Scott Carson

Shake Off the Market Jitters: How to Get Great Returns Passively Through Non-Performing Notes!  Feeling uneasy about the market? Want a truly passive real estate strategy? This episode is for you! Jonathan Hayek interviews Scott Carson, founder of We Close Notes, to unlock the secrets of non-performing note investing in today"s uncertain market. Learn  how to generate amazing returns by rehabbing borrowers, not properties! In this episode, you’ll discover:Why Market Uncertainty Creates Opportunity: Why a distressed market is a note investor"s playground.What are Non-Performing Notes? A breakdown of what they are, how they are sourced, and how to get the biggest discounts.Scott Carson"s Background: How Scott built his real estate investment business and made connections with banks and asset managers.The Note Investing Strategy: Buying mortgage debt direct from banks on both residential and commercial properties.Preferred Note Types: Why Scott focuses on first position liens.Avoiding States With Lengthy Foreclosure Time Frames: New York, New Jersey, and Chicago.How to buy notes: What types of lenders and locations to consider for opportunities.Community Banking: Why community banks are the perfect partners for deals under $10 million.Scott"s Process For Sourcing Deals:Using electronic files and PDF"s to gather informationCash Flow Potential, Occupancy Rate, and LocationThe Importance of Due Diligence: The steps to protect your investment.Scott’s Three PayDay Systems:Getting Cash flowSelling the Note or RefinancingForeclosingBuilding Relationships: with vendors, brokers, investors and lenders.Common Mistakes for Newbies: How to double-check taxes and insurance in the correct way.The Mindset of a Successful Note Investor: Why you need to understand the market and be the banker.Getting Started on a Small Scale: Pro tips for beginners.The Power of a LinkedIn Profile: Why a complete LinkedIn profile passes the "smell test" with lenders.Building a Team: How to partner with servicers and other professionals.How to contact banks What is the contact information for banks in charge of real estateGetting High Returns: Why investors should be expecting a return of 14% to 15%. Stop being shaken by market volatility! Tune in now to discover the power of non-performing note investing and create a truly passive income stream. Connect with Scott: https://weclosenotes.com/ https://www.linkedin.com/in/1scottcarson/ Click to Access the Southwest Airlines 100,000 Point Offer Email Jonathan with comments or suggestions: podcast@thesourcecre.com Or visit the webpage: www.thesourcecre.com *Some or all of the show notes may have been generated using AI tools.