My Step-By-Step Note Due Diligence Checklist
Manage episode 482411026 series 3039481
In this episode of The Note Closers Show, Scott Carson shares his comprehensive checklist for evaluating and performing due diligence on non-performing notes. Whether you're just starting out or looking to refine your processes, this episode provides a step-by-step guide to avoiding bad deals and maximizing your returns in note investing.
Scott walks you through his essential process, covering everything from initial tape analysis to collateral file review. Learn how to identify key red flags, assess property values, understand legal considerations, and ultimately, make informed investment decisions that protect your capital and generate consistent cash flow.
Key Topics Covered:
- Initial Tape Analysis: Getting pricing expectations, bids due and filtering based on state, city, and property type.
- Property Valuation: Check the Property Value and if there is and legal update before moving on.
- Finding The Right Resources: How to lean on partners for help and not do it all yourself.
- Avoiding bad areas: Make sure you are following state rules and know the places you are buying in.
- What to do with all your data? Where and how to use your data to get more deals.
This episode offers a valuable framework for approaching note investing with a clear, structured, and analytical mindset. With Scott's guidance, you'll be able to confidently evaluate potential deals, minimize your risk, and position yourself for long-term success in the dynamic world of note investing.
Download your copy of the Due Diligence Checklist HERE!
Watch the original VIDEO HERE!
Get Signed 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
Sign up for the next FREE Note Weekend Class HERE!
665 episodes