Is Scott Carson 3 day course worth it??

Question

Hello all, I have recently decided to begin note investing and I am looking for a way to fast track my knowledge on how to do it, so I can begin my career in it. I came across Scott Carson and actually spoke with him on the phone, and I am just wondering if there is anyone that has done his 3 day course for $497 and can vouch for it.

I have seem reviews of people that were happy that took it, but I have also seen the mugshots of him (lol) and all of the posts of him being a scammer, when people gave him money to invest. Just to anyone reading this, I am specifically seeking knowledge and info on his course, NOT whether it's worth investing money with him in notes; that is definitely something I am more skeptical about.

The courses and knowledge is what I'm after, I appreciate any input at all. Thanks!

Chris Seveney · Answer

There are many who are given and follow a specific script with zero intentions of having money to buy an asset and then lock it up under agreement for six weeks and try and get funding after the fact. That goes over like a fart in church in the note space. There is a a common theme as well and they all come from the same guru who may or may not be mentioned in this post.

Nate Marshall · Answer

I have always wondered about this. Please let us know what you find out. Note investing is something that gets promoted a lot. Not sure who to follow or even spend any time or money learning from.

TIA

Chris Seveney · Answer

did you take the course?

Chris Seveney · Answer

Honestly its an awful strategy in my opinion. Why? Because unlike wholesaling traditional real estate, notes is a very small community. Now if you waste your time calling banks and finding deals that others do not see, there is potential but typically those banks want top dollar and more than an investor will pay.

The equivalent is wholesaling homes on the MLS that you have not gone and seen. So as a novice, you have no idea how to value the asset, and are trying to broker the loan to someone who has already seen it.

Reuben Federer · Answer

Im glad you mention that, because that has literally been my thought process this whole time. If I could pick your brain once more about another guru (perhaps not, not too sure),it's a guy called Jerry Norton. He does a bunch of kind of real estate deals and he has a course specifically for note flipping but it's sort of a more interesting approach. He teaches on how to be a wholesaler of notes, where you find a seller and a buyer, and you just charge a small 1-6% fee of the note size. As someone who has been around enough notes, do you think that is a good strategy to look into more, or is it just more of a fart in the wind?

Reuben Federer · Answer

Sounds good, thanks for the advice Chris. Just getting started in the real estate world, I love learning new information.

Did something happen to you that made you so pessimistic towards new investors emailing you? Only reason I'm asking is because I want to avoid being blocked by someone like you... lol. Love what you have been doing in the space!

Chris Seveney · Answer

But I will ask several questions:

1. Do you believe he was / is a scammer?

2. If so, then why would you want to learn from that type of person?

3. If yes to #1, do you think that person would teach you the ethical way to do things?

4. If no, then hey go for it.

PS: After the course and you go and send me the "I am a direct buyer looking to buy notes for my own portfolio email" I will block you though.

Is Scott Carson 3 day course worth it??

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