Mastering the 4 P's of Note Investing
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Unlocking Note Investing Secrets: The 4 P's to Profit! π π
Ready to dive deep into the world of note investing? Join Scott Carson in this episode as he reveals the essential "4 P's" that every note investor MUST understand: Paper, Property, People, and Profit! Discover how to navigate the complexities of note investing and maximize your returns.
In this episode, you'll discover:
- From Real Estate to Notes: Scotts own evolution over 20+ years of investing.
- The Importance of all four categories and why they are so essential for each other.
- The Power of Paper: Understanding the legal documents and collateral file is paramount.
- What kind of paperwork you should be buying. Senior Liens, residential and commercial propertiers and not fixtures.
- Original Paperwork is Key: Discover which documents are most important and why.
- Making Sure Titles Are Clear: Why he likes buying notes direct from banks.
- The Power of Property Understand your "No 1" rule: Is the property something you don't mind ending up owning?
- The Importance of People: Digging into the "people side" of note investing and understanding your borrowers.
- The power of social media. Why diving a bit deeper into borrowers social media helps Scott find notes to invest in.
- How to evaluate and determine your profit. Looking at the notes and figuring out the best course of action.
- How To Get Borrowers Back On Track: How To communicate with your borrower.
- Foreclosure and the three buckets: How to use each system to benefit you and your borrower.
- How to calculate that P and I amount. Scott breaks down the exact formula he uses.
- The Importance of Due Diligence & What To Look For: Getting out there and doing the work is crucial.
- Why The Property Must Be Occupied: What are the benefits?
- Why Inspection Reports Are Important: Make sure the inside looks pretty decent.
- Why Location is important.
Ready to take your note investing skills to the next level? Tune in now and discover how to master the 4 P's and achieve massive profit! π°π
Watch the Original VIDEO HERE!
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700 episodes