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Money Tree Investing

Scott Carson Discounted Note Investing Tactics

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 14 October 2022

⏱️ 60 minutes

🧾️ Download transcript

Summary

This week we interview Scott Carson about investing in discounted notes. This is not your average alternative investment, but it is an interesting way to get into real estate without tenants and toilets. Join us as we discuss investing in discounted notes.

Today's Panelists:

 

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For more information, visit the show notes at https://moneytreepodcast.com/scott-carson-discounted-note-investing

Transcript

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0:00.0

Welcome to the Money Tree Investing Podcast.

0:04.0

Stock market, wealth, personal finance, value stocks, invest in your life.

0:10.0

Hello, Smart Money Tree Podcast listeners.

0:12.0

Welcome to the Squeak Show.

0:14.0

My name is Kirk Chisholm and I'll be your host.

0:16.0

So today we're talking with Scott Carson.

0:18.0

Hey Scott.

0:19.0

Hey, there goes to go, man.

0:20.0

Hey, glad you having the, man. Hey, glad you

0:21.3

having the show finally. Hey, I'm honored to be here and deliver, just deliver to the money

0:26.4

tree audience, man. It's a good day when you wake up six feet above grad, especially when

0:30.3

you've been ill and not feeling so well. Yeah, I know. Well, for the listeners, we didn't hear

0:34.6

on any other prior episodes, I feel like I had the plague in the last week.

0:37.9

So I'm glad I'm back at the living. So thank you. Amen. Yeah. So Scott, for the people who don't

0:42.8

know you, tell us a little bit about your background and kind of what you've been up to.

0:46.0

Yeah. So I've kind of known as the note guy for the last 15 years I've focused on one specific niche of real estate investing, that's buying distressed debt.

0:55.3

Previous mortgage broker and banker with J.P. Morgan Chase and a financial advisor, and that was kind of

0:59.7

my background back in the day. But in 2004, I left the banking and finance side and started a

1:05.0

mortgage company with a buddy of mine. Did that up to 2008. And then when everything hit the fan,

1:13.9

then I jumped from the, basically the mortgage orationation side and started buying debt buying notes and that's what I've been doing for the last 15

1:18.2

years we buy mortgages on residential commercial property usually non-performing notes where somebody

1:23.9

hasn't paid in six months to six years, we buy that debt and try to work out

...

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