054 | Unlock Real Estate Profits Without Being a Landlord: The Power of Non-Performing Notes with Scott Carson
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What if you could invest in real estate with less risk and more control than traditional property ownership? In this episode of the Vital Strategies Podcast, we dive into the world of buying non-performing mortgage notes—a unique investment strategy that allows you to purchase distressed debt and turn it into a profitable asset. Scott Carson, a seasoned real estate investor, shares how he buys and manages mortgage debt nationwide, turning non-performing loans into income-generating investments. This episode offers a fresh perspective on how to build wealth without owning physical property.
Scott explains the ins and outs of note investing, from understanding important financial metrics like the DSCR (Debt Service Coverage Ratio) to knowing when foreclosing on the borrow is a last resort. He walks us through how to find deals using LinkedIn and social media, the role of licensing and doing your homework, and what it means to be the owner of a note versus the owner of the property. If you’re looking for a way to diversify your portfolio and tap into a less competitive investment space, this episode will give you the tools and knowledge to get started.
Key Takeaways:
- How to invest in non-performing notes and generate passive income
- The importance of the DSCR acronym and how it affects profitability
- The difference between owning notes and owning real estate.
- How to find deals using LinkedIn and social media platforms
- Licensing and insurance considerations when investing in notes
- How to structure profitable note deals for long-term returns
Resources:
Visit www.vitalstrategies.com to download FREE resources
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Credits:
Sponsored by Vital Wealth
Music by Cephas
Audio, video, and show notes produced by Two Tone Creative
Research and copywriting by Victoria O'Brien
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