Why Most Private Money Lenders Lose Money — And How To Avoid It

Indhold leveret af Wholesale Hotline. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Wholesale Hotline eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Wholesale Hotline « »
Why Most Private Money Lenders Lose Money — And How To Avoid It | Subto Show

10d ago 26:42

Del

MP3•Episode hjem

On today's Wholesale Hotline (Subto Edition), Pace breaks down the keys to lending money.

Show notes — in this episode we'll cover:

Protecting your money as your "life force" is crucial because lending is inherently risky; even with precautions, you should assume the money could be lost.
Structuring loans for maximum protection involves using liens, promissory notes, personal guarantees from all involved parties, and collateral.
Never trust anyone, regardless of reputation or relationship, as emotional attachments or social connections don’t safeguard your investment.
Key lending rules include always using a transaction coordinator (TC), documenting every step, and thoroughly vetting deals.

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️

Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business:

✌️ https://shor.by/pace-youtube ✌️

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

🗝🗝 FREEBIES 🗝🗝

📑 FREE assignment contract: https://www.pacejmorby.com/assignment...

📑 FREE wholesale contract: https://www.pacejmorby.com/wholesalec...

📑 FREE cold calling script: https://www.pacejmorby.com/coldcalling

📑 FREE cold texting script: https://www.pacejmorby.com/text

📑 FREE foreclosure script: https://www.pacejmorby.com/foreclosure

📑 FREE disposition checklist: https://www.pacejmorby.com/dispo

📑 FREE comping cheat sheet: https://www.pacejmorby.com/comping

📑 FREE guide to pulling a water list: https://www.pacejmorby.com/water

📑 FREE guide for taking photos on appointments: https://www.pacejmorby.com/photos

📑 FREE seller lead form for talking to sellers: https://www.pacejmorby.com/seller

📑 FREE access to my upcoming ebook: https://www.pacejmorby.com/exitstrate...

📑 FREE profit and loss template: https://www.pacejmorby.com/profitloss

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

Want a site to host your podcast? We use PODCASTICS!: https://www.podcastics.com/?&_rid=12536

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

👽✌️ Learn from Pace and Cody 👽✌️

🔸Follow Pace on IG: https://www.instagram.com/pacemorby

🔹Join our free dope creative finance Facebook group: https://shor.by/8vxk

🔸Dive deeper within my mentorship: https://go.subto.com/pace-sunday-service

🔹Watch Sunday Service live on my YouTube every Sunday at 7 PM PST

🔸Tune in to Wholesale Hotline live on my YouTube every Monday 5pm PST

⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo ⚠️

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

🚧🚧🚧 DISCLAIMER 🚧🚧🚧

❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Podcast for entertainment purposes ONLY ❎

1237 episoder

#Trading #Business #Wholesale Hotline