Private Lending Deals & Becoming the Bank with Tyrone Shum
Lending deals are especially attractive to investors who are looking into passive alternative real estate strategies.
We cover:
– the concept of private lending,
– why many investors don’t venture into lending deals,
– my experience with private lending deals,
– the downside of private lending, and
– the benefits of using alternative strategies.
Connect with Tyrone:
Twitter: https://twitter.com/tyroneshum
Website: https://propertyinvestory.com/
LinkedIn: https://au.linkedin.com/in/tyroneshum
Instagram: https://www.instagram.com/propertyinvestory
Facebook: https://www.facebook.com/tyroneshum
00:00:00 – Intro
00:01:46 – The Concept of Private Lending
00:02:54 – Why Not Many Investors do Private Lending Deals
Read MoreQ: Can you tell us more about the private lending strategy and your experience with it?
- I love private lending because it’s a strategy that allows you to effectively become the bank.
- Banks are one of the parties in property transactions that just don’t lose because they have the highest level of control, and they put the least amount of time into the deal.
- And if the deal doesn’t go favourably, they still get paid no matter what.
- So, lending deals are one of the most powerful strategies that you can employ – although they’re not as common in Australia as they are overseas.
- It’s pretty cool to be the bank instead of being the person who’s running the deal and trying to make it work.
Related Podcasts
How to Get Rich Riding the Coat-Tails of Successful Investors
Welcome to the 138th episode of the...
The One-Page Wealth Plan to Financial Freedom in 3-5 Years
Welcome to the 137th episode of the...
3 Biggest Lessons Meeting Deal Makers In New York
Welcome to the 136th episode of the...
Dissecting a Killer Socially Minded Alternative Investing Deal
Welcome to the 135th episode of the...