The Note Closers Show - The #1 Podcast for Note Investing Finding Double-Digit Deals: Breaking Down 187 Notes
In this episode, Scott Carson breaks down a tape of 187 note assets, offering expert insights into geographic distribution, loan performance, and due diligence strategies. This is a must-listen for note investors looking to navigate the current market.
Key Points Covered:
- Geographic Analysis:
- Tape covers 33 states, with a significant concentration in Texas and Florida.
- Strategic state selection based on foreclosure timelines.
- Loan Performance Breakdown:
- Performing, sub-performing, and non-performing notes.
- BK Chapter 13, Chapter 7, and modifications.
- Financial Metrics:
- Interest rates, BPO dates, and unpaid principal balance (UPB).
- Review of last 12 months payment history and payment amounts.
- Identification of non-performing assets.
- Discussion of BPO values and average equity.
- Analytical Techniques:
- How to determine the equity amount in a property.
- Calculating offering price based on equity and payment data.
- How to determine potential ROI based on payment data.
- Key Due Diligence Steps:
- Checking local legal balances.
- Analyzing legal status of foreclosures and bankruptcies.
- Understanding key parameters used to evaluate each loan.
Conclusion:
Scott Carson provides a comprehensive guide to analyzing a note tape, arming investors with the knowledge to identify profitable opportunities and make informed bidding decisions. From geographic considerations to in-depth financial analysis, this episode is a valuable resource for anyone looking to succeed in the note investing space.
Watch the Original VIDEO HERE!
Sign up for the next FREE One-Day Note Class HERE!
Sign up for the WCN Membership HERE!
Sign up for the next Note Buying For Dummies Workshop HERE!
Love the show? Subscribe, rate, review, and share!
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