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!


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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
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