Private Lending Investing – Less Risk and Steady Returns – Tom Berry: Ep #503

Let’s go down the rabbit hole of private credit lending with my friend Tom Berry. This is something we’ve been doing in Freedom Founders since the beginning. In this episode, you will hear how to be successful and profitable in any stage of the market. If you want to know how private lending might fit into your asset allocations, this episode is for you!

Buying properties and private lending are the two pieces of the capital stack that give us a mix of ownership and credit. As an established and seasoned real estate investor and teacher, Tom brings important insight into the private equity and lending arenas. He also gives us a glimpse at what’s going on in the current economy and shares his take on when to get involved in private lending.

Minute Markers:

2:38 – The reality of private lending and private investing.
7:03 – How lending fits into your investment strategy.
8:40 – Tom’s experience in real estate and important lessons he learned from the beginning.
10:42 – What to look at when deciding if you should go forward with a loan.
14:12 – Who Tom works with and why he would never close a deal without them.
16:39 – The importance of following protocols and the issues with fraud.
20:10 – What it takes to better understand the risks of the investment.
24:54 – What to do when things go wrong and why blame is not the right mindset.
26:53 – Tom’s thoughts on interest rates and his outlook when it comes to the economy.

Top ten most downloaded episodes:

Ep #382: Dr. Cody Cowen – Financial Freedom by 40 – It’s All About Your Network and Relationships
Ep #243: Steven Mautner – Maximizing Profitably in an Era of Commoditization
Ep #334: Justin Donald – Investing in Assets to Create Your Freedom Lifestyle
Ep #360: Rob Swanson – The Eight Rules of Investing (Part 1)
Ep #344: David & Kandace Phelps – Risk is Necessary to Find Freedom (Part 1)
Ep #353: Jim Rachor – Family, Legacy, and Freedom – How to Get There Sooner, Not Someday
Ep #364: Trey Taylor – A CEO Only Does Three Things
Ep #238: Dr. Cherry Chen – The Real Estate Physician
Ep #254: Aaron Chapman – Shorting the Dollar with Good Debt
Ep #343: Steven J. Anderson – Creating a Fast Start for Next-Generation Entrepreneurs

Featured on the Show:

Connect with Tom Berry: Website | Facebook | LinkedIn | YouTube
Berry Hill Ranch
Private Equity Fund
Investor Loan Source
Request Your Discovery Call
Get your free copy of my new book
Sign up for my next webinar

#lending #positioning #realestateinvesting #investing #investments #market #privateinvesting #privatelending #realestate #tomberry

Watch full length Interviews on video!

Watch full length interviews on David’s YouTube channel by going to www.DentistFreedomBlueprint.com/YouTube. Don’t forget to subscribe to David’s YouTube Channel for more content on maximizing your business, wealth, and creating a financial blueprint to reach your Freedom faster!

Join the tribe of dentists ditching Wall Street. Get more insights, resources and inspiration for creating asset based income and Freedom. Follow us on Facebook here.

P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think):

1. Schedule a Call with My Team:

If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest.

2. Become a Full-Cycle Investor:

There are many self-proclaimed genius investors today who think everything they touch turns to gold. But they’re about to learn the hard way what others have gained through “expensive” experience. I’m offering a free report on how to become a full-cycle investor, who knows how to preserve and grow capital in Up and Down markets. Will you be prepared when the inevitable recession hits? Get your free report here.

3. Get Your Free Retirement Scorecard:

Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.