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Checking In on ya’all!

Hey Lender Nation! I just wanted to pop in your ears and say that I hope you and yours are well, safe and keeping sane! I don’t have a full episode ready for this week, but I hope you enjoyed last week’s Episode 100 with Dr. Steven Kaufman. When I started out, I had only…

PLP-098: 6 Warning Signs Your Borrower May Be In Trouble

6 Signs your borrower may be in trouble 1.     Sudden lack or stoppage of regular communication 2.     Late payments/returned  3.     They ask you if you can lend them “just a little more” 4.     You have to chase them for an update 5.     They don’t want you visiting the property 6.     Talk about changing exit strategies that require you to “stay in…

PLP-084 Deficiency Judgments And Why You Should Use Them

PLP 84 | Using Deficiency Judgments

  Have you ever had your lien wiped out when the first lien foreclosed? In this episode, Keith Baker shows you a way to recover your loss. He talks about a tool you can use as a private lender – your right to sue for a deficiency judgment. Sharing from his own experience of having…

PLP-065 Late Penalties And Why You Need To Enforce Them

PLP 65 | Late Payment Penalties

  Many people get struck by the question from private lenders about utilizing their right to charge penalties for late payments and to which extent. Two of the facts to remember are there is a late payment after the grace period legally stated in a signed contract, and the promissory note backed by the deed…

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