Tag Archive for: cash flow

How to Launch Your Retirement Through Private Lending

How to Launch Your Retirement Through Private Lending

Launch your retirement!

The most common ways to save for retirement are the stock market, 401Ks, and other retirement savings accounts. They’re common journeys most people take when they start putting money away for their future.

But did you know there’s another frontier to explore when it comes to preparing for retirement?

Although it’s a frontier that’s been around for centuries, and it’s a frontier that’s helped many, it’s not exactly a frontier people think to explore.

But this frontier can lead to lucrative cash flow and a safe, comfortable, and happy future.

We’re talking about private lending.

https://youtu.be/3shyEuw1zSI

Private lending can launch your retirement savings into a whole new universe. Compared to the stock market, which is volatile, and retirement savings accounts, which are questionable, private lending is consistent, easy, and safe. And, most importantly, profitable.

What is private lending?

Simply put, you become a bank for someone who needs cash. And, in the real estate world, that someone is a fix and flipper, rental owner, or another property investor.

These real estate investors can’t always rely on a traditional bank for funding.  Either because they can’t meet a bank’s strict qualifications, or because they need to buy a property super fast…and banks don’t close deals super fast.

So, they turn to private lenders. Private lenders, like you, lend them the money they need and charge them interest for it.

The amount of interest you charge is up to you. Most private lenders make between 5% and 12%. You can’t make that kind of interest by letting your money sit in a bank. And you can’t know for sure you’ll make it through the stock market.

So, how do you become a private lender? Well, there are a couple of ways to get going.

The easiest way is through companies like ours. We connect private lenders with real estate investors, and help with all the paperwork and other steps that secure your money.

Or, if you’d rather explore the private lending frontier on your own, then you can work directly with real estate investors. This is best known in the business as OPM (Other People’s Money). OPM puts you directly in the pilot’s seat, and you get to decide your path…and the risks that come with it.

Private lending is definitely a worthwhile adventure! If you’re ready to learn more about it and launch your retirement, then our team is always here to help.

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How to Make Money in Real Estate: Private Lending is Ancient

How to Invest the Ancient Way: Private Lending

Since the beginning of time, people have needed money, and they’ve always needed to borrow it from someone.

Why not you?

You see, when it comes to making money in real estate, most people assume they have to fix and flip or rent properties. But there are other ways that don’t involve picking up a hammer.

And one of those ways is private lending.

https://youtu.be/N4IYdAods3w

What is private lending?

Private lending is exactly what it sounds like: you lend money to someone who needs it.

In the real estate world that means you lend it to someone who’s looking to fix up a property and either flip it or rent it.

It’s just like in the olden days when a person needed a loan and got it from a bank, a business tycoon, or a neighbor. Or just about anyone else who had money to lend.

So, how do you make money in private lending? Well, it’s fairly simple. You:

  • Find someone you trust
  • Create a secured, private note
  • Collect interest payments.

Now, you might be thinking, “What is a private note?”

It’s basically an IOU.

Essentially, a private note is an agreement between you and your borrower, and it outlines things like:

  • Loan amount
  • Interest rate
  • How long you’ll let your borrower use your money (aka, the term)
  • And the date you expect them to pay you back in full.

And if a borrower can’t pay you back, then fear not. Your money is secured by the property. So, as long as you do your homework and make sure it’s a worthwhile investment, then your money is safe.

And if you’d rather someone else do the homework, including prepping the private note and overseeing the life of the loan, then you can use a licensed and experienced company like ours to handle it. All you have to do is kick back, relax, and watch your interest payments arrive in your bank account.

Ready to talk about investing your money in real estate without picking up a hammer? Great! Our team is always here to chat.

Happy investing!

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How to Retire: Retirement Scares Me

How to Retire: Retirement Scares Me

Retirement is just around the corner. It’s tiptoeing closer and closer…But, you’re not ready.

And that TERRIFIES you.

Because the stock market is constantly up and down, banks aren’t paying much if anything, and retirement accounts like PERA are questionable.

So, what can you do to prepare for retirement? Because whether you like it or not, it’s creeping towards you.

Well, one of the best and most secure strategies is private lending.

There are thousands of fix and flippers, landlords, and other real estate investors who can’t get a traditional loan through a bank. So, they turn to private lenders.

Someone like you. Someone who has a chunk of money they’d like to safely invest so they can boost their income…and their retirement savings.

So, how exactly do you make money in private lending? Well, it’s pretty easy, actually.

Step 1

Find a trustworthy real estate investor who needs cash to buy a fixer upper.

Step 2

Create a private note that includes the interest rate for your loan. Rates vary in private lending, so it’s your decision on how much you charge.  And how much you charge depends on how much you trust your borrower.

Step 3

Collect interest payments and boost your retirement savings.

That’s the basic gist. And if you’d rather have someone else find trustworthy real estate investors, create your note, and oversee the life of the loan, then you can use a licensed and experienced company like ours to help you handle it.

Here’s the thing. Since the beginning of time, people have needed money. And they’ve always needed to borrow it from someone. Why not you?

Don’t let retirement scare you. Take control now and start investing your money in a way that will help you face retirement…and face it with confidence.

Ready to talk about investing your money in real estate? Great! Our team is always here to chat.

Happy investing!

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Become a Private Lender: Invest in Real Estate without Flipping or Renting

Private Loans: Invest in Real Estate without Flipping or Renting

Do you know about private loans?

And did you know you can invest in real estate without resorting to fixing and flipping or fixing and renting?

It’s true. Everyone can put their money to work, even if they don’t want to put their muscles to work. If you want, you can skip the hammers, ladders, and paint. There’s no need to groan over dust-covered floors, clothes, and, well, everything. And forget about stressing over contractors and delayed projects. Because you can invest in real estate without ever stepping foot inside a property.

https://youtu.be/BnIJ81doM-0

How is this possible? Well, it’s actually pretty easy.

Rather than rolling up your sleeves and searching, buying, fixing, and selling or renting properties, you can become a private lender.

What does being a private lender mean?

Simply put, you become a bank for fix and flippers or rental owners. And you get to charge them interest for using your money.

Interest rates vary in private lending, but one thing is for sure: you’ll earn A LOT more interest in real estate than in your bank account.

Now, there are a couple of ways to become a private lender.

#1: A Helping Hand

So, the easiest way to get started is through companies like our sister company, The Note Shop. Through our licensed company, we connect private lenders with real estate investors.

And when you use a company like ours, you don’t need to:

  • Search for real estate investors who need funding.
  • Interview them and review their portfolio to determine how much you can trust them with your money.
  • Analyze properties to make sure they’re worth the investment.
  • Prepare loan documents, like deeds of trust and mortgages.
  • Handle escrow draws.
  • Oversee the life of the loan, including all payments, extensions, and modifications.

Yes, you can skip ALL of that and let our team do the work for you. That means we handle the entire list above.

Not you.

#2: DIY

Or, if you’re experienced and confident in private lending, you can work directly with real estate investors. This is best known in the business as OPM (Other People’s Money).

OPM puts you directly in the driver’s seat. Because you get to decide how big of a risk you’d like to take with your money, and that risk is based on trust.

Like, do you trust them to:

  • Pay you back?
  • Buy, fix, and flip a property within your agreed upon timeline?
  • Sell or rent a property for what they claim it’s worth after they repair it?

In addition to trust, you also need to tackle the entire to-do list we mentioned above. This is completely doable! But, again, it comes down to how much risk and work you want to take on.

So, there you have it! You can invest in real estate without ever picking up a hammer.

And, believe us when we say, private lending is easy, lucrative, and EASY!

Ready to talk about investing your money in real estate without breaking a sweat? Great! Because our team is always here to chat.

Happy investing!

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How Your Credit Score is Robbing You

Credit Score 101: How Your Credit Score is Robbing You

In this session of Credit Score 101, we’d like to introduce you to Sally Payday and Joe Robber.

How Your Credit Score is Robbing You

Sally Payday is a wonderful guest. When she shows up on your front doorstep, she brings a smile, hug, and a bag of cash with her.

Joe Robber, on the other hand, doesn’t knock. He strolls right inside and steals money out of your wallet. Then takes it and runs!

So, who can you expect a visit from? Sally? Or Joe?

Well, it all depends on what credit score Mr. FICO gives you.

Mr. FICO can be a tough cookie, especially if you:

  • Forget to pay your bills
  • Overuse your credit cards
  • Or don’t use enough credit…meaning, you don’t have enough or any

Believe it or not, having debt can be a good thing. Because when you don’t have any, Mr. FICO doesn’t know you exist. Therefore, he can’t give you a credit score—or he can only give you a low one.

And if you have a low score, then, unfortunately, you can expect a visit from Joe Robber. Because a low score means you pay higher interest rates on your house, car, and other loans.

And if you’re paying higher rates, then Joe gets to take more of your money.

Which makes him a very happy man.

He loves stealing all the cash you could be using to save up for a dream vacation, a healthier lifestyle, or a more comfortable retirement.

Meanwhile, Sally Payday takes a different approach.

She doesn’t like to take money. She likes to make sure it stays in your bank account. But she can only visit people who have good credit scores. Because a good credit score means you pay cheaper rates.

And cheaper rates mean lower bills. Which means you can pay for your trip, gym membership, retirement, or anything else that would make your life better.

Sally Payday and Joe Robber are not one-time visitors. They show up on your doorstep every month.

And every month, Sally brings cash, and Joe steals it.

Which one would you rather welcome into your life?

Because it’s really your choice.

Everyone can have a good credit score. Even if you don’t have one now, it’s within your reach. You don’t need to keep letting Joe in the house. And Sally’s just standing there on the sidewalk, ready to present you with a bag of cash.

Want to find out how you can raise your score? Check out some of our other videos on our Youtube channel.

You can also join our live series How to Invest in Real Estate. Every Thursday at 11 AM MST, real estate expert, Mike Bonn answers all of your questions and shares expert tips on improving your credit score, investing in real estate, and building a comfortable retirement.

Happy investing!

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How to Find Cash Flowing Properties

Next Money Chat: How to Find Cash Flowing Properties

During our next Money Chat, lending expert Mike Bonn will discuss how to find cash flowing properties.

Because it’s important to understand how to invest in good, money-making properties before putting your hard earned cash into real estate deals.

Don’t miss your chance to join other like-minded real estate investors and ask all of your questions to a lending expert.

How to Find Cash Flowing Properties

Want to join Mike’s Money Chat? Then register for FREE here.

Mike will answer common questions like:

  • How do I find properties in my area? 
  • How do I evaluate a property to make sure it’s a good investment? 
  • What resources can I use to help me out with this process?

By the end of the Money Chat, you should have a much better grasp of how to find and value your real estate investments, including fix and flips and rentals.

Mark your calendar!

When: Thursday, September 23rd, 11 AM MST

Where: Virtual nationwide.

Register for FREE at https://my.demio.com/ref/lw8s3Krd8n4vKXqo

Mike and the rest of the Cash Flow Mortgage Company/Hard Money Mike team looks forward to seeing you on Thursday.

If you have any questions about our weekly Money Chats, then our team is here to answer them any time.

Happy investing!

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How to Find and Value Properties

Don’t Miss Out! How to Find and Value Properties

Do you know how to find and value properties? If not, here’s your second chance to participate in this week’s Money Chat with Mike Bonn.

Mike will be hosting a second Money Chat tomorrow, Thursday, September 16th at 11 a.m. MST. During the chat, Mike will answer all of your questions on how to find and value a property.

Because it’s important to understand how to invest in good, cash flowing properties before putting your hard earned money into real estate deals.

So don’t miss out! This is your second chance to join other like-minded real estate investors and ask all of your questions to a lending expert.

How to Find and Value Properties

If you’d like to join Mike’s Money Chat tomorrow, then you can register for FREE here.

During the virtual call, Mike will answer common questions like:

  • How do I find properties in my area? 
  • How do I evaluate a property to make sure it’s a good investment? 
  • What resources can I use to help me out with this process?

By the end of the Money Chat, you should have a much better grasp of how to find and value your real estate investments, including fix and flips and rentals.

Can’t make it to tomorrow’s chat? No problem. Let us know and we’ll set up more Money Chats on how to find and value a property. Or you can reach out to our team and schedule a time for a one-on-one call. That way you have an opportunity to ask all of your questions on how to find and value properties.

But, if you’d like to tune in LIVE tomorrow to listen and participate with other real estate investors, then here’s your chance.

When?

Tomorrow at 11 AM MST

Where?

Virtual nationwide.

Register for free at https://my.demio.com/ref/lw8s3Krd8n4vKXqo

Mike and the rest of the Cash Flow Mortgage Company/Hard Money Mike team looks forward to seeing you tomorrow!

If you have any questions about our weekly Money Chats, then our team is here to answer them any time.

Happy investing!

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How to find and value a property

Next Money Chat: How to Find and Value Properties

During our next Money Chat, lending expert Mike Bonn will discuss how to find and value a property.

Because it’s important to understand how to invest in good, cash flowing properties before putting your hard earned money into real estate deals.

Don’t miss your chance to join other like-minded real estate investors and ask all of your questions to a lending expert.

How to Find and Value a Property

Want to join Mike’s Money Chat? Then register for FREE here.

Mike will answer common questions like:

  • How do I find properties in my area? 
  • How do I evaluate a property to make sure it’s a good investment? 
  • What resources can I use to help me out with this process?

By the end of the Money Chat, you should have a much better grasp of how to find and value your real estate investments, including fix and flips and rentals.

Can’t make it? No problem. We’re running a second Money Chat next week to make sure you have an opportunity to listen, learn, and ask all of your questions on how to find and value property. And if you miss next week’s chat, no sweat. We’ll be hosting many more in the future.

So, mark your calendar!

When?

Tuesday, September 14th, 6 PM MST

OR

Thursday, September 16th, 11 AM MST

Where?

Virtual nationwide.

Register for free at https://my.demio.com/ref/lw8s3Krd8n4vKXqo

Mike and the rest of the Cash Flow Mortgage Company/Hard Money Mike team looks forward to seeing you on Tuesday or Thursday. Or both!

If you have any questions about our weekly Money Chats, then our team is here to answer them any time.

Happy investing!

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How to Find and Value Property

Second Chance Money Chat: How to Find and Value Properties

Do you know how to find and value properties? If not, here’s your second chance to participate in this week’s Money Chat with Mike Bonn.

Mike will be hosting a second Money Chat tomorrow, Thursday, September 9th at 11 a.m. MST. During the chat, Mike will answer all of your questions on how to find and value a property.

Because it’s important to understand how to invest in good, cash flowing properties before putting your hard earned money into real estate deals.

So don’t miss out! This is your second chance to join other like-minded real estate investors and ask all of your questions to a lending expert.

How to find and value a property

If you’d like to join Mike’s Money Chat tomorrow, then you can register for FREE here.

During the virtual call, Mike will answer common questions like:

  • How do I find properties in my area? 
  • How do I evaluate a property to make sure it’s a good investment? 
  • What resources can I use to help me out with this process?

By the end of the Money Chat, you should have a much better grasp of how to find and value your real estate investments, including fix and flips and rentals.

Can’t make it to tomorrow’s chat? No problem. Let us know and we’ll set up more Money Chats on how to find and value a property. Or you can reach out to our team and schedule a time for a one-on-one call. That way you have an opportunity to ask all of your questions on how to find and value properties.

But, if you’d like to tune in LIVE tomorrow to listen and participate with other real estate investors, then here’s your chance.

When?

Tomorrow at 11 AM MST

Where?

Virtual nationwide.

Register for free at https://my.demio.com/ref/lw8s3Krd8n4vKXqo

Mike and the rest of the Cash Flow Mortgage Company/Hard Money Mike team looks forward to seeing you tomorrow!

If you have any questions about our weekly Money Chats, then our team is here to answer them any time.

Happy investing!

by
How to Find and Value Property

New Money Chat: How to Find and Value Properties

During our next Money Chat, lending expert Mike Bonn will discuss how to find and value a property.

Because it’s important to understand how to invest in good, cash flowing properties before putting your hard earned money into real estate deals.

Don’t miss your chance to join other like-minded real estate investors and ask all of your questions to a lending expert.

How to Find and Value a Property

Want to join Mike’s Money Chat? Then register for FREE here.

Mike will answer common questions like:

  • How do I find properties in my area? 
  • How do I evaluate a property to make sure it’s a good investment? 
  • What resources can I use to help me out with this process?

By the end of the Money Chat, you should have a much better grasp of how to find and value your real estate investments, including fix and flips and rentals.

Can’t make it? No problem. We’re running a second Money Chat next week to make sure you have an opportunity to listen, learn, and ask all of your questions on how to find and value property. And if you miss next week’s chat, no sweat. We’ll be hosting many more in the future.

So, mark your calendar!

When?

Tuesday, September 7th, 6 PM MST

OR

Thursday, September 9th, 11 AM MST

Where?

Virtual nationwide.

Register for free at https://my.demio.com/ref/lw8s3Krd8n4vKXqo

Mike and the rest of the Cash Flow Mortgage Company/Hard Money Mike team looks forward to seeing you on Tuesday or Thursday. Or both!

If you have any questions about our weekly Money Chats, then our team is here to answer them any time.

Happy investing!

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