The Wealth Without Wall Street Podcast Round Table | How to Make Money Through Private Lending: A Beginner’s Guide to Mailbox Money
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Mar 11, 2025 JD Hill, a seasoned investor in real estate and private lending, teams up with Jamie O'Brien, a savvy real estate investor and private lender. They delve into the world of private lending, unraveling its potential for generating passive income with less risk. Listeners discover how to structure loans, secure deals, and effectively manage risks. With insights on finding trustworthy borrowers and creating a solid lending portfolio, this conversation is packed with practical advice to kickstart your journey towards financial freedom.
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Retail Product Loan Experience
- Joey made a private loan on retail products, which he now advises against.
- Despite making a decent return, the stress and hassle made it a less desirable experience.
Protecting Your Investment
- Secure loans with collateral like real estate or vehicles and get personal guarantees.
- Know the process of acquiring collateral if the borrower defaults.
Texas Land Deal
- JD Hill passed on a land deal in Texas due to concerning data and lack of track record.
- The project stalled, highlighting the importance of due diligence.
