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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

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-091 8 Questions To Ask And Consider When Hiring An Attorney

PLP 91 | Attorney For Drafting Documents

  We all need to hire an attorney at some point in our lives. This is especially necessary when you’re in the private lending business. Today, host Keith Baker lists down the eight questions you need to ask yourself when hiring an attorney to do either your foreclosures or draft the documents. You don’t want…

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