The Note Closers Show - The #1 Podcast for Note Investing

BONUS: The August 2026 Texas Foreclosure Update (11% Decrease)!

It’s that time of the month again, note investors! Scott Carson is back with the official Texas Foreclosure Update for August 2026. Following July’s massive 12% to 16% surge across Texas counties, are we seeing a continued wave of distressed properties—or is the market taking a breather? In this episode, Scott pulls back the curtain on the raw numbers, tracking over 4,200 scheduled residential and commercial foreclosure filings across North, South, East, West, and Central Texas. Whether you’re targeting single-family homes in Harris County, commercial assets in DFW, or looking at rising trends in Williamson and Bell counties, this episode gives you the local intelligence you need to find true distressed real estate deals before everyone else! Detailed Episode HighlightsOverall Market Breakdown: Statewide foreclosure filings decreased from 4,754 in July to 4,215 total filings in August 2026—a temporary dip following a major quarterly spike. Residential vs. Commercial Totals: Out of the 4,215 filings, 3,765 are residential, while 450 are commercial assets across the state. Commercial Foreclosure Trends: Commercial filings fell 10% statewide (down 46 deals). Central Texas: Down to 134 filings (down 25). East Texas (Greater Houston): Up to 105 filings (up 14). North Texas (DFW): Down to 145 filings (down 11). South Texas: Down to 45 filings (down 25). West Texas: Steady at 21 filings (up 1). Top Texas Residential Counties Breakdown:Harris County (Houston): Leads the state with 651 filings (down ~25% from last month). Bexar County (San Antonio): 439 filings. Dallas County: 334 filings (down 63). Tarrant County (Fort Worth): 278 filings (down 34). Travis County (Austin): 135 filings (down 24). Bucking the Trend: Williamson County (up 13 to 108) and Bell County (up 12 to 99) both showed increases north of Austin. Data Tools & Discount: How to use the Roddy Foreclosure Listing Service (4closure.info) to track residential and commercial filings. Use promo code WECLOSENOTES to save $20 on your residential subscription. Next StepsTracking market trends is the key to finding off-market distressed debt, bank-owned properties, and high-profit wholesale deals! Want to learn how to capitalize on these Texas foreclosure filings without putting up big capital or dealing with tenants? 🔥 Upcoming Live Training Events:Wholesaling Notes Masterclass (Aug 22, 2026): Learn how to source, evaluate, and flip paper direct from banks for just $199 (includes spouse/partner + replays) at wholesalingnotes.com. (Bonus: Signing up includes FREE entry to the 2-Day Workshop!) Virtual Note Buying for Dummies Workshop (Aug 29–30, 2026): Master buying performing and non-performing debt for just $99 at notebuyingfordummies.com. Go out, take some action, and we’ll see you at the top!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!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Red Raider Returns: Lubbock, TX Nonperforming Preforeclosure Note Case Study

Guns Up, real estate investors! In this episode of The Note Closers Show, Scott Carson heads up to Lubbock, Texas, to analyze a unique non-performing first-lien note case study. This occupied 3-bedroom, 2-bathroom home features significant recent exterior rehab (new roof, windows, and paint), 33% equity, and a surprisingly low $158/month principal and interest payment that has gone unpaid for nearly two years! Scott walks through the exact due diligence, valuation metrics, and multiple exit strategies—showing you how to navigate low interest rates, foreclosure options, and REO sales to target returns ranging from 25% to over 67%!Detailed Episode HighlightsProperty & Location: 3-bed, 2-bath, 1,881 sq. ft. single-family home (built in 1950) on a 7,900 sq. ft. lot in Lubbock, Texas. Loan Details & Peculiarities: Non-performing first lien with an estimated legal balance of $85,600 and a 3.25% interest rate. The original 2005 loan was $40,000, resulting in an unusually low $158.39/month payment. Property Condition & Transition: Recent Zillow imagery reveals major exterior upgrades (new roof, single-tone paint, new windows) compared to older bank BPOs from 2022 ($88K value). Current Zestimate sits conservatively at $129,000. Occupancy & Title Research: Tax rolls and deed records show the property was transferred from the original borrower to his daughter, who currently occupies the home. Exit Strategy #1 (Reinstatement Risk): Why requiring full reinstatement (36 months of payments in year 1) is mandatory—and why a low $158/month payment yields an unappealing 2.77% long-term return without foreclosure pressure. Exit Strategy #2 (Foreclosure Auction): Bidding at 80% of legal balance ($68,500) offers a $17,000 gross profit if sold at auction (~25% annualized ROI or 100% simple return on a 90-day timeline). Exit Strategy #3 (REO Retain & Retail Sale): Foreclosing and taking the property back to sell at $122,000 net proceeds yields a potential $41,300 profit (67%+ ROI). Key Risk Factors: Managing bankruptcy risks, unknown interior conditions, and evaluating servicing notes/right-party contacts. The Next StepReady to evaluate non-performing notes, execute proper due diligence, and structure winning bids? Reach out to Scott directly to submit offers, discuss strategy, or partner up on upcoming deals! 📩 Email Scott: scott@weclosenotes.com 📅 Book a Call: talkwithscottcarson.comWatch 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!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

BONUS: The Wholesaling Notes Masterclass

Are you feeling the pinch of economic chaos with too much month left at the end of your paycheck? Want to jump into real estate investing without dealing with toilets, tenants, trash outs, or massive startup capital? In this episode, Scott Carson reveals why wholesaling mortgage notes is the ultimate path of least resistance to generate $2,000, $5,000, or even $35,000+ per month in profit—without putting up a single dime of your own money! Whether you're brand new, recovering from financial setbacks, or looking for high-yield ways to build your self-directed IRA, Scott breaks down how paper flipping works in 2026. What You'll Learn In This MasterclassWhy Wholesaling Notes Works in 2026: How flipping paper avoids state wholesaling regulations, license requirements, and messy property management issues. No Money, No Credit, No Earnest Money Required: Learn why banks and hedge funds don't ask for earnest money or proof of funds when wholesaling notes direct from lenders. Real Deal Case Studies:How Scott made a $2,000 profit wholesaling a performing hard money note direct from a lender. How a $35,000 profit was generated in under 30 days flipping a non-performing commercial apartment note from Capital One. How a 90-day non-exclusive option on a hedge fund note portfolio generated $150,000 in flips. Overcoming the 5 Major Investor Fears: How to conquer fears around lack of funds, lack of experience, performance anxiety, and finding deals/buyers. Building an Active Buyers List: Leverage modern tools, AI, social media, and direct sources to connect with real buyers instead of "joker brokers". Supercharging Your Self-Directed IRA: How to put notes under contract using your Roth or Traditional IRA to grow tax-free or tax-deferred wealth. The Wholesaling Notes Masterclass: Details on the live, all-day Saturday Zoom masterclass on August 22, 2026, including step-by-step training, live deal-spinning exercises, and a free ticket to the 2-Day Note Buying for Dummies Workshop! Take Action Now!Stop letting your money sit on the sidelines or driving endless hours for ride-shares when you can become a real estate deal architect! 🎟️ Register for the Wholesaling Notes Masterclass (August 22, 2026):Get full access for you AND a partner/spouse for just $199 (includes video replays, contracts, and a bonus ticket to the Note Buying for Dummies Workshop)! 👉 Reserve your spot now: wholesalingnotes.com Go take some action, and we'll see you at the top!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!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

12.8% ROI Performing Note Deal: Mesquite, TX Hard Money Loan Case Study

Looking for a low-risk, high-yield opportunity to deploy your capital or retirement funds? In this episode of The Note Closers Show, Scott Carson breaks down a lucrative, short-term performing hard money loan right outside the thriving Dallas-Fort Worth metroplex in Mesquite, Texas! With a massive equity cushion, a strong 650-FICO borrower making 20% down, and a 49% Investment-to-Value (ITV) position, this short-term first lien note offers an incredible double-digit return over an 8-month hold period. Whether you’re looking to get lazy money off the sidelines or want to see how real note investors calculate real returns and structure low-LTV deals, this case study is packed with practical numbers and actionable strategies!Detailed Episode Bullet PointsProperty & Location Profile: A 1,854 sq. ft., 3-bed/2-bath single-family home (built in 1998) located in Mesquite, Texas—a high-growth corridor just east of Dallas along I-30. Valuation & Equity: Current fair market value sits between $318,000 and $320,000. The unpaid principal balance (UPB) is just $156,800, placing your investment at a remarkably safe 49% Loan-to-Value/ITV. Loan Structure: 1-year interest-only loan at 13% interest, generating $1,699/month in passive cash flow. Originated in April 2026 and maturing in May 2027 with a strong payment track record. Return Calculations: Total investment of $158,368 yields $13,005.92 in remaining cash flow over 8 months, resulting in an annualized return of 12.87%. Borrower Credentials: The rehab investor put 20% down into the property, holds a 650 credit score, and is actively rehabbing multiple DFW properties. Downside Protection & Exit Strategies: If the borrower defaults, Texas offers a fast

DFW Case Study: Analyzing a Grand Prairie Reverse Mortgage Deal ($50K Profit)

Welcome back, note investors! Scott Carson, "The Note Guy," is diving into a high-potential case study straight out of the hot Dallas-Fort Worth metroplex! In this breakdown, Scott walks through a vacant reverse mortgage (HECM) deal located in Grand Prairie, Texas. With an unpaid legal balance sitting far below the market value, this deal offers multiple exit strategies—whether you are looking for a quick 90-day foreclosure flip or taking it back as an REO for a massive profit margin. If you've been curious about how to analyze real estate debt, structure winning bids, and generate annualized returns ranging from 40% to over 80%, this episode is packed with numbers, strategy, and actionable steps! Key Highlights & Deal BreakdownProperty Overview: A 3-bedroom, 2-bathroom, 1,505 sq. ft. home built in 1969, sitting in the Grand Prairie (DFW) area. Loan Details: High Equity Convertible Mortgage (HECM / Reverse Mortgage) where the original borrower has passed away, leaving the home vacant. Valuation & Balance: Property value sits around $263,000 against a $176,000 total legal balance owed on the loan. Strategy #1 (Quick Foreclosure Flip): Bidding at 80%–90% of the legal balance allows investors to target a $18K to $35K gross profit directly at the 90-day foreclosure auction. Strategy #2 (REO Takeback & Rehab): Foreclosing, spending ~$30K in cosmetic interior cleanup/renovations, and reselling on the retail market yields a projected $49,000 net profit (a 52% annualized ROI). Due Diligence Steps: How to review interior photos/BPOs, double-check legal heirship notices, pull title work, and work alongside foreclosure attorneys. Episode ConclusionOpportunities like this Grand Prairie reverse mortgage showcase the true power of being the bank. Whether you have capital ready to deploy or want to partner on high-yield real estate notes, now is the time to take action! Got $150K to $200K ready to invest, or interested in submitting an offer on this specific deal? Contact Scott directly at scott@weclosenotes.com or schedule a strategy call at talkwithscottcarson.com! 🔥 Want to learn how to find, fund, and flip note deals yourself? Join us for the upcoming Virtual Note Buying Workshop on August 29th & 30th! For just $99, you’ll get live Zoom access to two full days of training, plus full recordings and replays. Reserve your spot today, take action, and let's make your second half of the year your most profitable yet!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!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest