Breaking Down 59 Nonperforming Notes

Hey Note Closers! Scott Carson here, ready to dive into a fresh tape of 59 non-performing notes. This episode is all about practical analysis, identifying potential opportunities, and avoiding common pitfalls when evaluating a large portfolio of distressed assets.

Key Aspects Covered:

• Portfolio Overview: We begin with an overview of the portfolio, noting the geographic distribution of the notes and the prevalence of foreclosure and bankruptcy proceedings.
• Initial Screening: I discuss the initial steps for narrowing down the list, including eliminating states or counties you don't want to invest in and identifying properties with low values or undesirable characteristics.
• Analyzing Key Metrics: We delve into the key metrics to consider, such as the last payment date, legal balance, property value, and foreclosure status.
• Identifying Potential Deals: I share my thought process for identifying notes that offer the best potential for profit, considering factors like equity, cash flow, and foreclosure timelines.
• The Importance of Due Diligence: I emphasize the need to conduct thorough due diligence, including reviewing property conditions, legal documents, and borrower information.

Practical Insights: This episode provides a real-world example of how to approach a non-performing note portfolio and make informed investment decisions. You'll learn how to:

1. Quickly assess the value of a note
2. Identify potential red flags
3. Develop a targeted investment strategy
4. Take Action and make offers!

Ready to put these strategies into practice? Book a call at talkwithscottcarson.com to discuss your individual needs and explore how to get started in note investing.

Make sure to check out the next 3-day Note Buying Workshop and RSVP for your spot NOW!