Episodes

  • Real Estate Investor Showdown: Notes vs Rentals

    Real Estate Investor Showdown: Notes vs Rentals
    Aug 5 2025
    Tired of Toilets & Trash? Notes vs. Rentals: The Ultimate Investor Showdown! 🏡 ➡️ 📝Are you a landlord dreaming of a more passive income stream? Or a newbie investor trying to decide between the hands-on world of rentals and the potentially lucrative realm of notes? Join Scott Carson in this information-packed episode as he breaks down the age-old debate: Notes vs. Rentals! Learn the pros and cons of each asset class to determine what’s right for you.In this episode, you'll discover:The Landlord's Lament: Why landlords are increasingly drawn to note investing due to frustrations with property management hassles like toilet repairs & trash removal.Notes vs. Rentals: A Head-to-Head Comparison:Understanding the fundamental differences: Owning debt vs. owning property.Pros & cons of both: Depreciation, appreciation, discounts & more.The Pros and Cons of Rentals:The active management involved: Dealing with tenants, vacancies & repairs.Tax benefits such as depreciation.Equity and CashflowThe Advantages of Notes:Less competition, no landlording, but multiple exits.Scalability and geographical diversity.Flexibility and the ability to pivot for the best outcome.Common Mistakes & How to Avoid Them: Why foreclosing on everything isn't always the best strategy.The Passive Income Dream: Achieving passive cashflow without the need for constant repairs.Cash Flow vs. Appreciation:Why low cash flow might not be worth the hassle for landlords.The importance of yield, discount, and flexibility in note investing.The Bank Mindset: Becoming the bank and dealing directly with borrowers instead of tenants.**Capital Requirements: **How rentals require larger upfront capital.**The Three P's of Note Investing: **Property, people, and paper.Risk Factors to Consider: Market risk, tenant risk, property damage, and more.The Ideal Investor Profile: Are you hands-on or passive? Do you enjoy property management or prefer due diligence?Actionable Advice: How to research, consult with professionals, and carefully consider your options.Ready to ditch the late-night calls about leaky faucets? Or are you ready to dive head first into a world of rentals? Tune in now and unlock the secrets to successful investing, whether you choose notes or rentals! 🚀💰Watch the Original VIDEO HERE!Book a Call With Scott HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join Note Night in America community today:WeCloseNotes.comScott Carson FacebookScott Carson TwitterScott Carson LinkedInNote Night in America YouTubeNote Night in America VimeoScott Carson InstagramWe Close Notes Pinterest
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    25 mins
  • How to Tap Into Probate Leads with Micah Nicholes from US Leads List

    How to Tap Into Probate Leads with Micah Nicholes from US Leads List
    Jul 29 2025
    Hey Note Investors! Scott Carson here, and I’m fired up about today’s episode. We’re diving deep into the world of probate leads—a niche that's been a secret weapon for savvy investors, and it's finally getting some well-deserved attention! Forget those tired old foreclosure lists; we're talking about a treasure trove of opportunities most investors are completely overlooking.Our special guest is Micah Nicholes, the head honcho over at US Leads List. Micah is not just an investor himself—he’s built a thriving business solely around connecting investors with probate leads. Get ready for some serious insight into a strategy that could significantly increase your deal flow and boost your bottom line!What We Covered:Understanding Probate Leads: We debunked the mystery surrounding probate leads. It's much simpler than you think—finding properties owned by recently deceased individuals before they even hit the probate court. This means getting a head start on the competition!The Four Main Probate Lead Categories: Micah broke down probate leads into four key categories: pre-probate, surviving spouses, trusts, and inter-family transfers. Each category presents unique opportunities and allows you to tailor your approach.Pre-Probate Strategy: This is where the real magic happens! We discussed Micah's proven method of identifying probate leads before they enter the public record, giving you a massive leg up on other investors. It involves combining multiple data sources and sophisticated analysis - pure gold!Marketing to Probate Leads with Empathy and Sensitivity: This isn't just about finding deals; it's about working with grieving families during a challenging time. Micah shared his approach to connecting with families sensitively and ethically, making the most of each opportunity.The Importance of Consistent Follow-up: No matter how amazing your strategy is, you'll only succeed if you relentlessly follow up. Micah shared his process of reaching out to potential sellers with various methods and emphasized the power of consistently working the leads.Micah's Journey:This wasn't an overnight success! Micah started by purchasing a mostly paper-based probate lead business. He took this business from a quaint, traditional operation to a streamlined digital powerhouse. This transition allowed for much better data, more accurate information, and vastly improved efficiency, letting his clients target the hottest leads effectively. His story is a testament to how the right approach and technology can take a business to the next level.Wisconsin vs. Texas:We also had a fun conversation about the difference between the Wisconsin and Texas real estate markets. Turns out, they are worlds apart—Wisconsin has seasonal fluctuations and occasional unexpected challenges like frozen pipes! But with great challenges, come great opportunities!More Than Just Leads:US Leads List isn't just providing leads; they are providing a comprehensive service with added value. They offer skip tracing at an incredible price. This not only accelerates the process but also ensures that Micah's clients have accurate information and can effectively work potential deals.Listen in on this incredible episode! The secrets to succeeding in this niche are waiting to be unlocked. You might just find your next big win!Don't forget to check out Micah's website to find out what number of probate leads are available in your favorite counties to invest in.Sign Up For Your Probate Leads HERE!Watch the original VIDEO HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join Note Night in America community today:WeCloseNotes.comScott Carson FacebookScott Carson TwitterScott Carson LinkedInNote Night in America YouTubeNote Night in America VimeoScott Carson InstagramWe Close Notes Pinterest
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    30 mins
  • Arbitrage Case Study: Texas Performing Note Breakdown

    Arbitrage Case Study: Texas Performing Note Breakdown
    Jul 1 2025

    Yeehaw, y'all! Scott Carson's back with a performing note case study breakdown that'll make you shout "Show Me the Money!" This week we're diving DEEP into a South Texas arbitrage deal that left students shouting Eureka at the last workshop!

    It's a note in Floresville, Texas! It's land! It's a mobile home! It's a performing note with a huge discount! What is there not to love? The higher the yield, the better in this analysis.


    What we are covering in this episode:


    • Arbitrage 101: Buy low, sell high.
    • The Floresville Deal: The ins, outs, and red flags.
    • Private Investor Financing Secrets: How to structure for maximum profit.
    • Risk Rundown: Mitigate those foreclosure fears.
    • Value Check: How to pull comps and avoid overpaying.


    This ain't your grandma's real estate! This is a straight shot on how it's time to capitalize and check out this case study. Then, go rinse and repeat to exponentially grow your note business!


    Watch the Original VIDEO HERE!


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    • Here’s How »


    Join Note Night in America community today:

    • WeCloseNotes.com
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    26 mins
  • Note Investing 2025: 10 Strategies for Beginners

    Note Investing 2025: 10 Strategies for Beginners
    Jul 1 2025

    Ready to supercharge your note investing business in the second half of 2025? In this action-packed episode of Note Night in America, Scott Carson shares 10 actionable strategies to find more deals, raise capital, and effectively market your services.


    Here's what you'll discover:


    • Act Like A Professional: Create an LLC and use Namechk.com to ensure a unique brand across all platforms. Don't forget to open your SDIRA as well.
    • LinkedIn Optimization: Create a professional profile, showcase expertise, and attract asset managers.
    • Lead Generation Systems: Utilize cost-effective landing pages through Leadpages or REI Blackbook.
    • Contacting Sellers on LinkedIn & Platforms: Get in touch with sellers who aren't listing all of their notes for sale. It's a great way to find pocket deals!
    • Note Investing Marketing: Create easy Short-form content on TikTok and share across social media!
    • Create An Email List: Email is still the #1 ROI for marketing and it's critical to start building your lists.
    • Local networking - Get to work connecting with other real estate investors in your local market.
    • Contacting The Banks To Capitalize - Leverage foreclosure lists to find distressed sellers.
    • Start raising private capital - Marketing to SDIRA Investors who are looking for deals to buy or fund.
    • Leveraging AI to Help Create Content - Start Marketing like it is 2025 instead of 1925 to help stand out from the herd of people not doing anything!


    Conclusion:


    Ready to leave the old-fashioned note marketing in the past? Get 10 quick ideas on what you can implement in your real estate today by subscribing and acting now! Follow these steps and your 2025 will become your most profitable year yet!


    Watch the original VIDEO HERE!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join Note Night in America community today:

    • WeCloseNotes.com
    • Scott Carson Facebook
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    33 mins
  • The Biggest Mistakes that New Note Investors Make

    The Biggest Mistakes that New Note Investors Make
    Mar 18 2025

    Hey Note Closers! Scott Carson here, ready to share some hard-earned wisdom to help you avoid the pitfalls many note investors fall into. Based on two decades of experience, I've identified the 11 most common mistakes, and I'm here to show you how to sidestep them and unlock true note investing success.


    The 11 Biggest Mistakes:

    This episode isn't about bashing anyone; it's about empowering you with the knowledge to avoid costly errors and maximize your returns. Here are the 11 mistakes to avoid:


    -Only Bidding Based on Bank Balance: Don't let your available funds limit your bidding. Explore multiple funding options and bid aggressively.


    -Not Marketing for Private Money: Actively seek private money lenders. Don't wait for the "perfect" deal; start marketing before you have a deal secured.


    -Not Building an Email Database: Develop an email list of contacts and investors to stay top-of-mind and consistently promote deals.


    -Only Bidding on One Asset: Bid on multiple properties to increase your chances of acceptance.


    -Making Ridiculously Low Ball Bids: Don't undervalue assets; find a balance between aggressive and reasonable offers.


    -Only Targeting Your Local Market: Expand beyond geographical limitations and explore deals across a wider region.


    -Focusing Only on "Fast" Foreclosures: Diversify your portfolio to include a range of note types, including performing notes with strong cash flow.


    -Using Only One Exit Strategy: Develop multiple exit strategies (foreclosure, modification, etc.) to handle unexpected situations.


    -Marketing to Bad Leads: Don't waste time or money on leads that are unlikely to yield success. Target banks, lenders and build your own qualified list.


    -Starting as a Wholesaler: Don't jump into wholesaling without a strong marketing strategy and funding in place.


    -Relying on a Single Lead Source: Diversify your lead sources to avoid being limited by a single vendor.


    Avoid These Mistakes and Unlock Your Potential:

    By learning from these mistakes, you can position yourself for greater success in the note investing world. Join our upcoming workshop to learn strategies for locating assets, raising capital, and executing deals profitably!


    Learn More:


    Attend our workshop on April 25-27th by signing up at HTTP://NoteBuyingForDummies.com!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join Note Night in America community today:

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    Get signed up for the Next Virtual Note Buying Workshop Now!
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    39 mins
  • Texas Foreclosure Goldmine: Unearthing Distressed Assets with the Roddy List

    Texas Foreclosure Goldmine: Unearthing Distressed Assets with the Roddy List
    Feb 25 2025
    Howdy, partners! Scott Carson here, ready to dive into the exciting world of Texas foreclosures. Finding distressed assets in the Lone Star State can be a real treasure hunt, but with the right tools, it can be a profitable adventure (and maybe even more fun than wrangling a stubborn longhorn).Texas is famously lender-friendly; fast foreclosures are common. This is a double-edged sword. While it's great for lenders, it means that the competition for those deals can be fierce! The banks know about fast turnarounds, and that drives up prices for those quick deals.That's why I often look outside Texas to buy notes—90% of my note investments are from other states. But when I do find a great Texas opportunity, the speed and velocity of capital make it worth the higher cost. Plus, you can often get a deal completed in as little as 21 days—no need to wait six or 12 months.This means you have to be faster than a speeding bullet. You'll be able to use your funds to complete another deal quickly—which is like winning the lottery, except instead of lottery tickets, you buy notes and close deals.So how do you compete? You need information that beats the competition. Here are five tips on using the Roddy List, the powerful Texas foreclosure tool that helps you to uncover amazing deals.Target Harris County: More foreclosures happen here than anywhere else in Texas. More foreclosures mean more opportunities for you, even if it means spending a lot of time filtering your results.Go Beyond Postcards: Forget the postcard campaigns. Use the Roddy List to identify lenders directly, get their whole list, and get right to the source. Direct communication is always the quickest way to complete a deal. It's like cutting out the middleman, and saving you time and effort.Commercial Opportunities: This list also unlocks commercial foreclosures— a six-month commitment—but the higher-valued assets can be incredibly lucrative. The six-month commitment ensures quality deals. This is where you'll find those hidden jewels.Leverage the Data: The Roddy List gives you so much information: property details, loan info, contact information, and more. The email addresses are worth their weight in gold! Imagine having a 66% email success rate—which is what the presenter explains as being typical.Focus on the Mortgagor: Once you've got the list, use it to filter out the big banks and LLCs. Those are generally a lot more difficult to work with and will result in more wasted time.Using the Roddy list is a shortcut to your success. Instead of randomly sending out postcards, you're going after the lenders directly. SIGN UP FOR THE RODDY LIST HERE!The Roddy List gives you a head start by giving you access to crucial information and the edge you need to be a successful Texas investor. The list is updated monthly. You can even find out if properties have been previously listed, making it easier to spot those distressed assets ripe for negotiation!Happy hunting, y'all! Until next time... remember, a little bit of hustle can go a long way.Watch the original VIDEO HERE!Book a call with SCOTT HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join Note Night in America community today:WeCloseNotes.comScott Carson FacebookScott Carson TwitterScott Carson LinkedInNote Night in America YouTubeNote Night in America VimeoScott Carson InstagramWe Close Notes PinterestBook a call with Scott today at HTTP://TalkWithScottCarson.com to see if 1:1 Note Coaching is right for you!
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    1 hr
  • Reverse Mortgage Investing: A Deep Dive into 63 Deals

    Reverse Mortgage Investing: A Deep Dive into 63 Deals
    Jan 17 2025



    Sign up for the Note Buying Workshop HERE!


    Watch the original VIDEO HERE!


    Book a call with SCOTT HERE!


    Love the show? Subscribe, rate, review, and share!

    • Here’s How »


    Join Note Night in America community today:

    • WeCloseNotes.com
    • Scott Carson Facebook
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    Get signed up for the Next Virtual Note Buying Workshop Now!
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    1 hr and 39 mins
  • How to Find Nonperforming Notes in 2025

    How to Find Nonperforming Notes in 2025
    Jan 7 2025
    Find Non-Performing Notes (NPNs) in 2025: The Note Guy's Insider SecretsHappy New Year, deal-seekers! Scott Carson, aka The Note Guy, started 2025 with an explosive Note Night in America episode, revealing his top strategies for finding lucrative non-performing notes (NPNs). Forget the spoon-fed deals; Scott's strategies empower you to proactively hunt for hidden gems and build a thriving note investing business. He's been doing it for over two decades and has the proof!This isn't your grandma's note investing approach. Scott's not just sharing theories; he's divulging the precise methods he uses to find and secure high-yield NPNs. He stresses the importance of choosing a niche (residential vs. commercial, performing vs. non-performing), defining your "buy box" (criteria for ideal notes), and mastering the art of marketing.Scott's Top Strategies for Unearthing NPNs:Tap into Foreclosure Lists: This is the bedrock of Scott’s strategy. Instead of relying solely on online marketplaces, he dives deep into county records and leverages specialized foreclosure list providers. He stresses that this often leads to underpriced gems that haven’t even hit the open market yet. Remember, the earlier you find out about a deal, the better your negotiating power!Direct Lender Outreach: Stop wasting time on generic online searches. Scott advocates for building relationships directly with lenders. Using LinkedIn, RocketReach (to uncover contact emails), and his own proactive outreach, he consistently secures exclusive deals. This is about building relationships, not just sending cold emails.Leverage LinkedIn and Referrals: Scott uses LinkedIn like a well-oiled machine. His profile isn't just a digital business card; it's a finely tuned lead-generating engine. He actively shares content that showcases his expertise, attracts attention, and builds his network. He then uses these connections for referrals, resulting in a pipeline of promising deals.Utilize Powerful Online Tools: Scott isn't shy about using technology to his advantage. He highlights the power of CredIQ (for detailed commercial property data) and CREXi (to uncover owner-financed deals). These tools are invaluable for maximizing due diligence and securing a competitive edge.Develop a Marketing Strategy: This isn't a one-time effort. It’s a constant process that involves engaging with various platforms and refining your approach. This might include regular email blasts to your network, attending relevant industry events, and participating in online forums. Remember, consistent marketing is key to success!Humor and Practical Advice:Scott's insights are practical and sprinkled with humor—especially when he shares tales of his own successes, mistakes, and some of his unique strategies, emphasizing the value of persistence and the importance of working smart rather than just working hard.His humorous take on lowball offers serves as a reminder that respectful relationship-building can lead to more lucrative results than aggressive tactics. He warns against the pitfalls of relying on generic online platforms and stresses the need to define your target market and focus on specific niches.Scott’s message is clear: Finding the best NPNs isn't about luck; it's about strategy, persistence, and leveraging the right tools and techniques. Don't waste your time chasing every deal that comes along. Use his tips to narrow your search, focus your efforts, and start building the lucrative note investing business you’ve always dreamed of.Watch the original VIDEO HERE!Book a call with SCOTT HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join Note Night in America community today:WeCloseNotes.comScott Carson FacebookScott Carson TwitterScott Carson LinkedInNote Night in America YouTubeNote Night in America VimeoScott Carson InstagramWe Close Notes PinterestGet signed up for the Next Virtual Note Buying Workshop Now!
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    58 mins