Before funding a real-estate deal, verify the property's after-repair value, understand the local market, and make sure the borrower has a backup plan. The speaker has reviewed over 6,000 transactions and worked with 7,000 investors to build this checklist.
Are you looking to become a lender and earn passive income as a private hard money lender for real estate investors? I would advise not to do that until you've gone through my checklist of understanding on how to ensure success and profitability for your clients, which ensures protecting your money. You know, many, many people just think if they lend money, they trust the guys, the gals that's doing the deals, that it's going to be protected. But you have to do your homework. You have to look at what the ARV is. You have to understand the market, the neighborhood, what's going on. More importantly, have you asked your client what's Plan B? What if this goes south? What if the market changes? What if another COVID happens? Before you become a passive investor, make sure you've gone through a full determination of understanding. We'll walk you through it. We'll help you understand what it entails, how it works, and how we've been so successful over the last 10 years. We've done over 6,000 transactions, have worked with over 7,000 investors. Go to Toby Potter Official. You and me, let's get together and we'll make things happen.
