Investing on Tulsa Time: The Tulsa/OKC Note & REO Roadshow

Investing on Tulsa Time: The Tulsa/OKC Note & REO Roadshow

Author: Scott Carson May 8, 2026 Duration: 28:51

Are you ready to take your note investing to the streets?

Welcome to another Money Monday! This week, we are diving deep into the world of "Roadshows" and a specific niche that is seeing a massive surge in inventory: Reverse Mortgages (HECMs). Whether you are a seasoned note buyer or just starting to look at distressed debt, understanding how to navigate these assets can be a total game-changer for your portfolio.


In this episode, Scott Carson discusses a unique "divine intervention" moment—a trip to Tulsa, Oklahoma, that perfectly coincided with a fresh tape of over 35 reverse mortgage assets in that exact market. We break down what exactly a Home Equity Conversion Mortgage (HECM) is, why families often walk away from them, and how you can step in to create massive equity through foreclosure or REO plays.


We also talk about the reality of "engineer-designed" platforms versus real-world note trading, the importance of product over platform, and why the "Tulsa Note Roadshow" is just the beginning of a new way for our students and investors to partner on big deals.


🔑 Key Topics Covered:

  • The Rise of Reverse Mortgages (HECMs): Learn why these FHA/HUD-guaranteed products are hitting the secondary market in droves.

  • The "Roadshow" Strategy: What it looks like to hit the pavement and inspect 10+ assets in a single weekend to find the "deals" among the "duds."

  • Due Diligence Secrets: How to use interior inspection reports, lockbox codes, and master HUD keys to see what you’re buying before you close.

  • Valuation vs. UPB: Why you should never just offer a percentage of the Unpaid Principal Balance (UPB) without checking current market value.

  • Foreclosure & REO Plays: Why HECMs are rarely about "re-performing" and almost always about the exit strategy of a foreclosure auction or a clean-up-and-flip.

  • Protecting Your Assets: A cautionary tale on why letting your insurance lapse (forced-place or otherwise) can be a catastrophic mistake.

🚀 Join the Next Roadshow!

We are looking at organizing future roadshows in major hubs like Florida, Ohio, Michigan, and Texas. If you want to fly in, jump in the sprinter van, and learn how to crunch the numbers on-site with Scott and the team, reach out today!


Watch the Original VIDEO HERE!


Book a Call With Scott HERE!


Sign up for the next FREE One-Day Note Class HERE!


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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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