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 Lending09:43 Building a Lending Business18:50 Innovative Lending Strategies27:25 Managing Risks in Lending36:36 The Importance of Relationships in Lending45:27 Coaching and Mentorship in Private Lending🔗Connect with Rich Lennon:https://www.linkedin.com/in/rich-lennon-256b5a22/https://www.facebook.com/therichlennonhttps://richlennon.com/https://www.instagram.com/richlennon92https://podcasts.apple.com/us/podcast/growing-the-money-with-rich-lennon/id1796724313https://www.youtube.com/@RichLennonpodcastCLICK HERE to get your own Privy account. Automate the process of finding and analyzing deals, Nationwide. Use promo code OMNI for a SPECIAL DISCOUNT! https://bit.ly/3EsqRC4 Don't FORGET to subscribe and activate notifications for our CONTENT! Stay tuned with ALL our Podcasts on our Youtube CHANNEL:https://www.youtube.com/@bensonjuarez1929LET'S CONNECT:https://www.instagram.com/benson_rei/https://www.facebook.com/benson.juarez.10https://www.tiktok.com/@bensonrei

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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