How to Spot & Identify a Daisy Chain Tape - Tape Breakdown with Karl Mitchell

Transform a Note Tape From Junk to Jewels! 💎 📝

Ready to master the art of analyzing note tapes and identifying hidden gems? Join Scott Carson as he coaches new student Carl Mitchell on a real-life tape analysis! Learn how to spot the red flags of "joker brokers" and implement proven due diligence strategies to find profitable note deals.

In this episode, you'll discover:

• The Journey to Note Investing: Carl's backstory and how he came to The Note Closers
• How to Get Started In Real Estate Learn from Carl's journey and take the dive!
• Why Direct Mail Isn't The end-all solution
• Finding a List to Get Started: The step by step methods to starting right with finding great leads.
• Spotting "Joker Broker" Red Flags:
• Recognizing old tapes.
• Looking for flexible vs negotiation.
• Inaccurate list prices and inconsistent data.
• Listing Hardest Hit Funds that don’t exist.
• The Power of Due Diligence:
• Double-checking property ownership using the assessor's website.
• Identifying discrepancies in addresses and loan information.
• State Specific Make sure to know where the areas are that you are searching.
• Understanding a Potential Investors Objectives
• Must Be Occupied Why this point is so important for long term goals.
• Elimating notes that don't matter Why it's important to weed out what isn't going to work for you.
• Calculating Returns and Potential Profit: Analyzing potential yield and profit scenarios.
• Why you need to re-engineer those numbers to create success
• The Best Photo is Key to Getting Investors Involved
• What are some strategies that can be used

Ready to turn your note-finding skills into a profit-generating machine? Tune in now to unlock the secrets of tape analysis and start finding the deals that other investors miss! 🚀 💰

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!

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