In this episode of the REI Hacker Podcast, Rich Lennon shares his journey from traditional real estate investing to becoming a successful private money lender. He discusses the importance of networking, the lessons learned from early career experiences, and the innovative strategies he employs to achieve high returns on investments. Rich emphasizes the significance of risk management, building strong relationships with borrowers, and the value of mentorship in the lending industry. He also offers insights into his coaching program for aspiring private money lenders.Chapters:
00:00 Transitioning to Private Money Lending
09:43 Building a Lending Business
18:50 Innovative Lending Strategies
27:25 Managing Risks in Lending
36:36 The Importance of Relationships in Lending
45:27 Coaching and Mentorship in Private Lending
🔗Connect with Rich Lennon:
https://www.linkedin.com/in/rich-lennon-256b5a22/
https://www.facebook.com/therichlennon
https://richlennon.com/
https://www.instagram.com/richlennon92
https://podcasts.apple.com/us/podcast/growing-the-money-with-rich-lennon/id1796724313
https://www.youtube.com/@RichLennonpodcast
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