Épisodes

  • Cracks in the Housing & Mortgage Markets with Mike Mills
    Jun 14 2024
    Surviving the Housing Crisis: Expert Advice You NeedHey, do you ever feel like you're putting in all the effort but not seeing the results you want? Maybe you've been told to take certain actions to get ahead, but they just don't seem to be working. It can be frustrating, right? You're not alone. Many real estate and mortgage professionals have been in your shoes, feeling the pain of working hard with little payoff. If this sounds familiar, you're not alone. Let's dive into what's really going on in the Texas real estate and mortgage markets to understand how you can adapt and thrive.In this episode, you will be able to:Understand the latest Texas real estate market trends and gain a competitive edge in your business.Master mortgage strategies for difficult loans and close more deals with confidence.Learn how interest rates impact home buying decisions and adapt your approach to client needs.Harness the advantages of podcasting to elevate your real estate professional status and reach a wider audience.Explore creative home financing options in Texas and expand your toolkit for client solutions.My special guest is Mike Mills. Mike is the host of the Texas Real Estate and Finance podcast, whose expertise as a mortgage expert and branch manager specializing in DFW and Texas real estate is unmatched. With a passion for empowering others through knowledge and a deep understanding of the market dynamics, Mike brings a unique perspective to the table. His insights into the cracks in the Texas real estate and mortgage markets offer a valuable opportunity for real estate and mortgage professionals to understand their clients' needs better and confidently navigate the ever-changing landscape.Watch the original video HERE!Connect with Mike HERE!Talk with Scott Carson HERE!The key moments in this episode are:00:00:02 - Introduction and Special Guest Introduction 00:03:45 - Real Estate Market in Texas 00:04:18 - Difficulty of Getting Deals Done 00:07:04 - Tightening of Lending and Credit Market 00:10:38 - Recency Bias and Consumer Behavior 00:11:10 - Impact of High Credit Card Rates 00:13:44 - Challenges in Commercial Real Estate 00:14:25 - Economic Outlook and Market Trends 00:16:30 - Concerns about Federal Debt 00:20:00 - Affordability of Real Estate 00:22:20 - The Pitfalls of Overpaying for a First Home 00:23:27 - Impact of Lack of Financial Education 00:24:39 - Learning from Financial Mistakes 00:27:47 - Changing Perspectives on Living Arrangements 00:29:10 - Financing Challenges for Tiny Homes 00:33:27 - Real Estate Market Trends in Texas 00:34:44 - Seller Concessions and Buy Downs 00:36:18 - Geographic Limitations for Mortgage Loans 00:37:55 - Challenges and Rewards of Podcasting 00:41:06 - Importance of Hands-On Experience 00:44:10 - Consistency is Key 00:44:42 - Connecting with Mills Team Mortgage 00:45:27 - Specializing in Non-traditional Loans 00:46:09 - Providing Pathways to Success 00:47:08 - Embracing Diverse Dialogue Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest
    Voir plus Voir moins
    52 min
  • How To Find & Contact Texas Bankers For Note Deals
    Jun 11 2024

    If you are looking for performing or nonperforming notes in Texas, you will love this episode! Scott Carson shares how to get a list of licensed mortgage brokers and servicing companies doing business in Texas directly from the state Savings & Mortgage Lending department. This list includes company names, contact person, email, and phone numbers for the person in charge of licensing which gives you a warm lead into talking with the companies about who handles their distressed note sales.


    Scott discusses his three-step approach to contacting these leads through email, phone, and LinkedIn and why drip marketing to this list monthly is worth your time to find note deals for your own portfolio.


    Watch the original video HERE!


    Book a call with Scott HERE!


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

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest
    Voir plus Voir moins
    25 min
  • What Will Your Dash Mean?
    Jun 7 2024

    I just got back from spending some time in Minnesota with my Mom to attend a celebration of the life of my aunt and uncle who recently passed. The minister shared a poem called "The Dash" about how we celebrate the lives of people (or the dash) between their births and deaths.


    It's been over 30 years since I visited the state where I was born and the amount of memories created and shared amongst my extended family of uncles, aunts, cousins, and family friends had me thinking a lot about the poem and what it represents for us as entrepreneurs and real estate investors.


    Check out The Dash at: https://snip.ly/TheDash


    Watch the original video HERE!


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

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest
    Voir plus Voir moins
    24 min
  • Is Graceland Facing Foreclosure or Fraud?
    May 22 2024

    Is Graceland really facing a May foreclosure auction or is it a case of mortgage fraud?

    USA Today released an article talking about how a private Memphis lender is trying to foreclose on Elvis home by presenting a deed of trust for $3.8 Million that was supposedly lent to Lisa Marie back in 2018. With her death last year, the company is claiming that the loan was not paid back and filed a foreclosure action in Shelby County (Memphis), TN to take back the iconic landmark.


    READ THE FULL STORY AT https://snip.ly/graceland


    Elvis granddaughter and heir of Graceland, Riley Keogh, is fighting the sale claiming that the deed of trust is fraud and that the money was never borrowed.


    What screams fraud (and the same would be said of any private lender) is that there is no lien or deed filed on the Shelby County Recorder office. This would be the first thing that any private lender would do to protect their position.


    Naussany Investments and Private Lending in Missouri is the company filing the foreclosure action that was delayed by Keogh's legal team.


    We dive deeper into the story and share how we researched this story in the full episode.


    Watch the full video HERE!


    Book a call with Scott HERE!


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

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest
    Voir plus Voir moins
    12 min
  • The Commercial Distress Report - Multifamily Doubled!
    May 21 2024

    You've heard that many distressed commercial properties are facing problems in the market, but how do the numbers compare when broken down by property type and their level of distress or maturity levels? That's where the CREDiQ monthly report on payment status comes into effect!


    Multifamily distress nearly DOUBLED in a month!!! from 3.7% to 7.2%


    READ THE FULL REPORT HERE!


    Most of it was due to a large $1.75 billion loan ($561,000/unit) backed by Parkmerced, a 3,221-unit multifamily- which has been underperforming below break-even @ 0.47x DSCR and 83.5% occupancy.


    Retail’s third consecutive distress rate increase earned them the number two slot while relinquishing their leadership position from the March report. The retail segment distress rate increased from 9.5% in March to 11.9%, achieving a record level for the segment.


    The hotel segment notched the third-highest month-over-month increase – gaining a full percentage point from 7.7% to 8.7%. Meanwhile, the office segment logged its fifth consecutive monthly increase by a modest 3 basis points, landing just behind retail at 11.7%.


    Meanwhile, the industrial and self-storage segments continued their virtually non-existent, sub-1% distress rates


    Nearly one-third of the distressed loans are current or within the grace period. The largest category was non-performing, matured at 36.8%. The closely watched performing matured category represents 9.2% of the loans.


    WATCH THE ORIGINAL VIDEO HERE!


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

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest
    Voir plus Voir moins
    14 min
  • Breaking Down 188 Notes From A Hedge Fund
    May 14 2024

    Are you a real estate investor looking for distressed assets for you to buy to either flip or add to your rental portfolio? Then nonperforming notes might interest you. Scott breaks down a list of 188 nonperforming notes that combine vacant reverse mortgages and nonperforming first mortgages that are available for sale.


    Scott shares how he came across this list of deals, what type of bidding instructions are involved, estimated offering percentages, and how you can take place in bidding for your own portfolio.


    Get signed up for his monthly WCN Membership at HTTP://noteumbrella.com for just $97 per month.


    Watch the tape breakdown video HERE!


    Book a call with Scott HERE!


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

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest
    Voir plus Voir moins
    1 h et 6 min
  • The Top 10 Housing Markets Seeing the Most Growth
    May 10 2024

    Uncover the unexpected truth about the top cities with the highest real estate growth in 2024. You won't believe which city took the number one spot with a staggering 25.5% growth. It's not what you'd typically expect, and it's definitely going to leave you intrigued.


    But that's not all – there are surprising cities on this list that are poised for remarkable growth, and you need to know about them. You won't want to miss out on this eye-opening revelation, so stay tuned to find out which cities are setting the real estate market on fire. Get ready to rethink your perceptions about real estate growth as we dive into these unexpected findings. The insights might just lead you to an opportunity you never considered. Watch out for the full scoop, coming your way soon!


    READ THE FULL REPORT HERE


    WATCH THE ORIGINAL VIDEO HERE


    In this episode, you will be able to:

    • Discover the Top Cities with Exciting Real Estate Growth in 2024 and seize potential investment opportunities.
    • Unlock the Secrets of Investing in High Growth Real Estate Markets and maximize your returns.
    • Master Note Investing Strategies for Profitable Markets and diversify your investment portfolio.
    • Grasp the Key Factors in Understanding Home Price Appreciation Rates to make informed decisions.
    • Learn Winning Strategies for Buying in Competitive Housing Markets and secure your dream home.


    The key moments in this episode are:

    00:00:02 - Introduction and Top Ten Cities with Most Growth in 2024


    00:01:18 - National Average Home Price and Market Trends


    00:02:37 - Top Ten Cities with Highest Growth Rates


    00:04:49 - Cities with Slowest Median Home Price Doubling


    00:06:30 - Single Family Home Price Doubling


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

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest
    Voir plus Voir moins
    12 min
  • Why YOU Are Your Biggest Asset (and Weakness) As An Entrepreneur
    May 8 2024

    Most investors and entrepreneurs never find success due to the fact that they fail to realize that they are the face of the organization. You must promote yourself on a regular basis to attract clients, investors, and deal flow. How else will your potential funding partners and clients know that you exist?


    In this episode, Scott breaks down why YOU are your greatest asset or biggest weakness when it comes to achieving the type of success that you want. In this episode Scott Carson shares:


    • How most investors are ghosts when it comes to an online presence.
    • Most people have goals, but fail to share them with their warm market.
    • Surround yourself with the wrong network.
    • Why it's important to build daily habits to achieve long-term success.


    Watch the original video HERE!


    Book a call with Scott HERE!



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

    • Here’s How »


    Join the Note Closers Show community today:

    • WeCloseNotes.com
    • The Note Closers Show Facebook
    • The Note Closers Show Twitter
    • Scott Carson LinkedIn
    • The Note Closers Show YouTube
    • The Note Closers Show Vimeo
    • The Note Closers Show Instagram
    • We Close Notes Pinterest
    Voir plus Voir moins
    41 min