PLP-113 The 6 Pillars of Private Lending
Pillar No. 1: My Money My Terms
Pillar No. 2: Never Trust, Always Verify
Pillar No. 3: ROIs
Pillar No. 4: WIN-WIN-WIN ONLY: Always Full Disclosure
Pillar No. 5: Never lend to friends or family members in need. Rather give them what you are able to give without the expectation of being paid back
Pillar No. 6: Honor the contract, but DO NOT hesitate to begin foreclosure. It can be easily stopped in case the borrower makes good
PLP 112 – Lending On Properties 2,000 Miles Away With Jaspreet Baveja
Since quitting his healthcare job after 8+ years, Jaspreet Baveja has been helping others achieve the dream of passive income through private lending. Jaspreet is the CEO of JGB, LLC and has built a business that allows him to pursue his passions of travel and spending time with his family while generating income on his terms.…
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-096 Four things to consider when selecting a note servicing company
We’ve already discussed why you should use a note servicing company in Episode 55. but today I thought I would shed some light on the things you should consider when you are in the process of selecting one to be added to your team of professionals. Reasons to use a note servicing company Reason #1: they…
PLP-063 The Difference Between Hard Money And Private Money
They say that hard money lenders are the solution to any real estate investor’s funding impasse. On top of that, there’s been an evident confusion on the difference between hard and private money. What are the distinctions despite seen similarities? Which one should you prefer if you wanted to scale up your business? Learn…