Private Money Academy Conference:
Free Report:
https://www.jayconner.com/MoneyReport
Rich Lennon is an expert at Growing Money. What is your yield on your net worth? An experienced real estate investor with hundreds of deals in his career, in 2020, he realized that rentals and flipping homes were no longer scalable. He kept his rental portfolio but got very aggressive lending money to real estate investors as a Private Money Lender in his local market of Richmond, Virginia. Since then, he has grown his business to one of the largest in his region. Rich discovered there was a better way to make money. Earning 30-50% returns on large amounts of money. Although he kept a significant amount of his portfolio as rentals, he converted it to cash and found a much less time-consuming way to earn. Now he works less than five hours a week, lending as much as $8 million at a time, and finally enjoying the freedom he had been chasing since 2011.
Timestamps: 00:01 High-Yield Real Estate Lending 05:01 Efficient Deal Management Strategy 08:19 Asset-Based Lending Strategy 11:47 Understanding ARV in Real Estate 14:33 Growing IRA Through Real Estate 17:53 Richmond Loan Strategy: 20% Interest 21:00 Ideal Investor Profile: Seeking Stability 23:37 Connect with Rich Lennon: https://www.RichLennon.com 24:28 Teaching Kids Financial Responsibility
Jay’s new book: "Where to Get the Money Now"
It is available FREE (all you pay is the shipping and handling) at
https://www.JayConner.com/Book
What is Private Money? Real Estate Investing with Jay Conner
https://www.JayConner.com/MoneyPodcast
Jay Conner is a proven real estate investment leader. He maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal without using his own money or credit.
What is Real Estate Investing? Live Private Money Academy Conference
YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner
Apple Podcasts:
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