It’s September 30th, 2022 - and no matter where I go, or who I talk to, everyone is noticing one thing: everything is getting more expensive.
From the grocery store, to the supplements we take, the clothes we wear, gas we put in our car, and beyond, inflation is at record highs in many places around the world.
The reasons for this are certainly a whole other topic - and a whole other kind of show - so while we can’t reverse inflation in this episode (sadly), we CAN do what we do best: empower you with information, inspiration, stories, tools, and resources to get you back in the driver’s seat of your life by focusing on the income you bring in.
I know SO many of you are interested in creating additional income streams, and setting yourself up for financial independence and financial freedom. You WANT to have more income to do the things you love, and not stress about the day-to-day expenses. And you want to set yourself up for a great retirement - and maybe even leave that 9-5 job sooner than later so you can actually live life, travel, spend time with your kids, your family and your friends.
Today, we’re talking about Private Lending as it relates to real estate investing. I always get feedback that you love to listen to and talk more about money and real estate, so that’s what this episode is about.
Private lending is when a private entity or an individual lends their own capital to other investors: usually in return for a higher rate than a bank would receive.
If you’ve listened to any of my previous podcast episodes about real estate with my husband, you may have heard us talk about working with private lenders and investors before. It’s a big reason why we’ve been able to scale so quickly and grow our portfolio.
But today’s guest expert, Marinella Nicolosi, is a private lender herself - and she helps other people learn about how to become a successful private lender. AKA – the person with the money, lending it out.
The truth is, most people don’t even know private lending exists, which is why I’m so excited about this episode, and this topic. It’s also true that most people love the idea of real estate but aren’t always keen on, or have the capacity for, the actual work involved including screening tenants, fixing toilets, negotiating insurance, refinancing and so much more.
Even if you do know about private lending and know that it’s a more passive way to invest in real estate, It can be scary and risky, if not done correctly. Starting with private lending can be overwhelming and if you don’t know enough about real estate yourself, it begs the question: how the heck do you lend your money to someone else without knowing about it yourself?
Because we’re talking about money, investments, and real estate, this feels like a good time to share this disclaimer with you:
The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action for more information. What you hear today is not financial advice. We are not licensed financial advisors, lawyers, mortgage brokers, or real estate professionals. This is not a substitute for professional legal, real estate, or financial advice, and in a platform like this where we speak to many individuals, each with your own journey and circumstances, it’s important to get personalized advice. I encourage you to build a trusted team of professionals and consult with them to support you in your personal situation with your individual goals.
Alright, now that we’ve got that out of the way, here’s what you can expect from this episode.
Listen in and you’ll:
Understand what private lending is and how it can add income and revenue to your life
Be inspired by Marinella’s story of how private lending changed her life - and how it’s leading her to an early retirement.
Learn about the common mistakes people make with private lending - and how to avoid them
Get Marinella’s tips for due diligence and how to be a successful private lender
Hear a controversial take on the idea of creating generational wealth - something I know you’re probably interested in. Marinella’s views may - or may not - change your mind on this goal
Learn why networking & relationship building is so important in real estate
Find out how important mindset and continued investment in your growth ALWAYS matters – I mean, I’m a big believer in this but you’re going to hear it from Marinella and not just me!
If you’re looking to create an additional income stream, are interested in real estate and want to find the right strategy to help you get started and scale up, this episode is for you.
By the end of this episode, you’ll feel hopeful and inspired, hearing stories from those who never gave up - and know that if you’re also open to learn, stay focused on your goals and connect with like-minded people you WILL be successful.
You’ll learn about Private Lending as a potential income stream, for yourself and your family, and whether you decide to pursue it or now, we believe in you - and know there’s a bright future ahead for us all.
Listen in - to How to become a SMART Private Lender - and change your life.
Here are the juicy bits you can look forward to:
How private lending changed Marinella’s life. (8:30)
What is private lending and how to set yourself up for success. (10:45)
What it means to have good due diligence. (14:30)
What the rates and terms look like in private lending today. (22:20)
The mistakes Marinella has seen with private lending. (29:25)
How to walk the line between private lending and going all in with real estate investing. (39:30)
How Marinella’s mindset has affected her ability to invest. (47:00)
The importance of relationship building in private lending. (53:20)
Marinella’s advice for borrowers. (1:06:50)
All about Marinella’s Private Lending Masterclass. (1:11:30)
Rapid-fire questions! (1:22:00)
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Resources:
SMART Private Lending Course: https://docs.google.com/forms/d/e/1FAIpQLSfP27CEySZgQUaQrodkbCZa4vlkOlD0bXeEtuWQ5wwzfYJVnw/viewform
Join the SMART Private Lending Facebook Group: https://www.facebook.com/groups/929584597617846
Join the Higher Ground Real Estate Network Hub: https://lu.ma/f74aiuje
To reach out directly to Marinella Nicolosi: smart@4u2suxeed.com
Quotes to Share:
Download and share the quotes you loved on your social and inspire those around you:
“My goal was to double my income in five years, and I was able to triple it in two years.” - Marinella Nicolosi
“You have to be really well versed on knowing how to do the due diligence.” - Marinella Nicolosi
“What it comes down to is making informed decisions, knowing the risks, and finding the right team of professionals that can help you be successful.” - Marinella Nicolosi
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Thank you so much for listening.
xo,
Lisa
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