Deal or Dud:  When is a 13% ROI Performing Note a Dud?

Deal or Dud: When is a 13% ROI Performing Note a Dud?

Author: Scott Carson October 19, 2025 Duration: 17:30

Alright, Note Closers! Scott Carson's back with a cautionary tale of epic proportions. And for this episode, it's all about the duds.

In this cautionary (and terrifying) case study, Scott dissects a Kentucky note "performing" deal so bad, it's practically a masterclass in what not to do.

Here's what you'll discover:

  • Kentucky Note Red Flags: Why Rural Areas Can Be a Disaster Scott explains why he generally avoids Kentucky altogether. It's typically too rural and requires bonds.
  • Listing Inaccuracies That Will Make You Scream! Inaccurate listings are already frustrating enough. Learn to watch out for this kind of listings that are shot full of holes like Swiss cheese!
  • A Town in Decline! We'll see how Scott avoided this dud by checking the history, the property, etc.
  • Scott's Golden Rule of Note Investing (and Why It Matters) Scott will show you his one rule of not wanting to buy something you are not okay owning.
  • The Aftermath Find out the final verdict on this Kentucky disaster and how you can apply these lessons to your own due diligence.
  • BAD Actors Scott discusses why you have to watch out for greedy sellers who take the common sense out of buying or selling. Don't trust someone who wants to sell you a NPN in NY!


In Conclusion:


So, the next time you're tempted by a note that seems "performing" but smells fishy, remember this episode, channel your inner Note Guy, and avoid the duds! Don't end up with a Kentucky note nightmare on your hands. If it sounds too good to be true, then it probably is!


Watch the Original VIDEO HERE!


Book a Call With Scott 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:


Get signed up for the Next Virtual Note Buying Workshop Now!


Scott Carson brings his deep experience as a seasoned investor directly to you in The Note Closers Show-The #1 Podcast for Note Investing. This isn't about general real estate chatter; it's a focused dive into the specific, often overlooked niche of note investing. Each episode is built on the practical premise of acquiring control of real estate assets at significant discounts, not through traditional property management, but by understanding and investing in the debt behind them. You'll hear Scott break down complex strategies into actionable steps, sharing the nuances of evaluating, purchasing, and profiting from mortgage notes. The discussions are geared toward investors and entrepreneurs who are serious about expanding their portfolio options beyond conventional methods. Tune in for candid conversations about market trends, due diligence, risk assessment, and the real-world stories of deals that worked and those that didn't. This podcast serves as a direct line to advanced tactics and foundational knowledge, all aimed at building your confidence in this unique segment of the investment world. If you're looking to move past theory and into the practical mechanics of building wealth through notes, Scott Carson provides the roadmap in every episode.
Author: Language: en-us Episodes: 100

The Note Closers Show - The #1 Podcast for Note Investing
Podcast Episodes
The Secret World of Private Lending with Ashlee Edwards [not-audio_url] [/not-audio_url]

Duration: 42:01
Ditch the Landlord Life: How to Become a Private Money Lender & Earn Passive Income! 🏡 ➡️ 🏦Tired of toilets and tenants? Want to invest in real estate without buying properties? Join Scott Carson as he interviews Ashley…
The Conjuring Up of NoTe Deals [not-audio_url] [/not-audio_url]

Duration: 31:37
Conjure Up Deals from the Beyond: How to Attract High-Return Notes to Your Inbox! 👻 📝Ready to banish the demons of deal drought and summon an abundance of profitable notes? Join Scott Carson as he reveals his "T.A.P.E.S.…
Don't Buy Notes in NJ! Stupid New Foreclosure Laws [not-audio_url] [/not-audio_url]

Duration: 23:44
RUN, Don't Walk: Why New Jersey Foreclosures Are a Trap for Note Investors! 🏃‍♀️ 🚩Thinking about buying notes in New Jersey? Think again! Scott Carson unleashes a fiery rant on the latest changes to New Jersey's foreclos…
Mastering the 4 P's of Note Investing [not-audio_url] [/not-audio_url]

Duration: 26:05
Unlocking Note Investing Secrets: The 4 P's to Profit! 🔑 📝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 understan…
Attention Landlords and Renters: Avoid this Rental Scam! [not-audio_url] [/not-audio_url]

Duration: 16:07
Is Your Dream Rental a SCAM? 🚨 Protect Yourself From Rental Fraud!Searching for a new rental can be exciting, but lurking in the shadows are crafty scammers ready to steal your money and leave you homeless! 😱 Join Scott…

«1...678910