On this episode of Note Night in America, Scott shares how to find note sellers and note deals in today’s market by targeting foreclosure lists, previous sellers, and doing some research on the county clerk’s websites to track AOM transfers. He also shares why it’s not worth attending note conferences when the speakers are the same and they aren’t sharing how they are finding deals. He does share why there are a few conferences … Read More
EP 424 – What If The Note World Ended
As much as we would like to live in a world of amazingness that comes with buying distressed debt and notes, it helps to remind ourselves to look to the other side and consider the opposite as well. Scott discusses what would happen if the market suddenly dried up and what he would do to invest if the note market came to an end and the world of distress debts are no more. — … Read More
EP 420 – Realistic Expectations
Coming into the note business may not as easy as it sounds. Far from what people think, it takes a lot of marketing and time. Keeping your realistic expectations in check, Scott talks about the reality of the note business. At the heart of it, what the industry requires is patience paired with consistency. Scott gives some great wisdom to think about when coming into the real estate space and imparts some advice about … Read More
EP 419 – So You Want To Start A Fund
Starting a fund is not as simple to do as you may think. It is not something that you should do immediately if you have only done a couple of deals or no deals. Before jumping in head first, there are a couple of very important things that you have to consider – from looking for an attorney to getting in touch with what you really intend to do with it. Scott shares some … Read More
EP 414 – What I Love About Note Investing
Most of us here are in the industry because we have come to love real estate or note investing in one way or another. As we continue with this deep relation, it helps to remind ourselves of where the market is at to make sure we don’t fall out of love of it really fast. Just as notes can be jaded, something sudden could happen that might stab us in the back. Keeping these … Read More
EP 407 – Cutting Out The Noise
In Napoleon Hill’s book, Outwitting the Devil, he talks about how a devil distracts us as entrepreneurs and people. In the note business, we can see this in how there are days where we get frustrated with the lack of activity and success with our deals. What ends up happening is that the market becomes too noisy with our own worries and what’s going on around that it distracts us from our goals and from following … Read More
EP NNA 24 – Raising Private Capital
Every business owner knows that raising private capital works at the heart of their businesses. It is what sustains it and enables them to connect with people. However, this can be quite a struggle. Scott discusses some of the easier ways of raising private capital and expanding your audience to attract investors with funding. He shares how you can get interested parties to engage in conversations, utilizing tools from PowerPoint presentation and more. Learn … Read More
EP 343 – Commercial Note Investing with Sal Buscemi
The commercial market is where you most want to be at the moment and we’ve got the break down of all the important insights and information about it. Scott talks with commercial note investor and co-founder of Dandrew Partners, LLC, CEO of TheCommercialInvestor.com, and co-founder of ACPARE, Sal Buscemi, about the commercial market and where opportunities lie. He discusses the usual mistakes investors and buyers tend to make in investing in commercial loans and offers … Read More
EP 340 – Keith Baker on What You Need To Learn About Private Lending
Scott interviews Keith Baker from the Private Lender Podcast about private lending and some of the things to consider when becoming or working with a private lender. He shares some things people might not know about the business—how being a lender to real estate investors is a business loan between two individuals and what they can do with their 401(k) to self-directed IRA. They gush about Ron LeGrand while giving some insights on how … Read More
EP 335 – Connect And Reach Out With Technology And Smartphones
The advancement of technology has made it possible to connect with more people than you could ever before. In the business side of things, it provides you an outlet to create more deals and reach out to your clients. Technology in notes is the new media outlet and that your smartphone is the tool that can be very handy for when you need marketing. Scott shares some of the cool technology features that WCN … Read More
EP 333 – Short Sales in Today’s Real Estate Market with Melody Medley
A common misconception by people about short sales is that it happens fast, that they can close a deal by tomorrow. As a result, many jump in without thinking of the processes it entails and end up getting scammed. Scott talks with realtor and short sale expert, Melody Medley, about short sales in today’s real estate market. Giving the 411 about it, she covers the market value according to the condition of the property, … Read More
EP NNA 20 – Bringing Home The Bacon
Bringing home the bacon is what we all want. However, that’s the only place we are usually at – wanting. We think about how good it is but not really getting up and going for it. Maybe the solutions are all too vague and not doable for you. Scott breaks down some of the easiest things to do to help you bring home the bacon in your note business. From the first step of … Read More