Private Lenders' Podcast artwork

Private Lenders' Podcast

199 episodes - English - Latest episode: 14 days ago - ★★★★★ - 45 ratings

The #1 Podcast On Private Money Lending. Jason Balin and Chris Haddon from Hard Money Bankers deep dive into their experiences with private money lending after lending money on almost 3,000 projects to real estate investors and commercial property owners

Investing Business Entrepreneurship hardmoneylenders hardmoneyloans privatemoneylenders privatemoneylending realestatelending
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Episodes

#149 - To Default or Not to Default

July 11, 2023 19:54 - 16 minutes - 14.6 MB

To Default or Not to Default If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com  

#148- A Discussion About Industry Events

June 27, 2023 19:53 - 14 minutes - 13.5 MB

What private or hard money lending events do you go to? If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#147- Interview with Lender Consulting Services - Environmental Reports, Valuations & Construction Inspections

June 12, 2023 17:15 - 28 minutes - 64.1 MB

We interview the folks at Lender Consulting Services.  They help lenders do due diligence with Environmental Reports, Valuations and Construction Inspections If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#146- Multiple Income Streams in Private Lending

June 08, 2023 17:06 - 14 minutes - 13.7 MB

Multiple Income Streams in Private Lending If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#145- A day in the life of a $50mm private lending portfolio owner

June 01, 2023 17:46 - 18 minutes - 17.2 MB

If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#144- Joseph Fooks from Mortgage Automator

May 19, 2023 17:30 - 39 minutes - 36.1 MB

If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#143- Recap from the Inner Circle Meeting in Maryland- May 2023

May 11, 2023 20:28 - 16 minutes - 15.4 MB

Recap from the Inner Circle Meeting in Maryland- May 2023 If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com  

#142- Why it's important for borrowers to have skin in the game

April 26, 2023 16:55 - 16 minutes - 15.4 MB

 Why it's important for borrowers to have skin in the game If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#141- Market Updates Q2 2023

April 18, 2023 19:31 - 18 minutes - 16.8 MB

What we are seeing as of Q2 2023... If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#140-The Two 'Hats' We Wear Every Day

March 29, 2023 20:37 - 14 minutes - 13.6 MB

If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#139- What we have learned from meeting with other local lenders

March 21, 2023 19:26 - 17 minutes - 15.7 MB

What we have learned from meeting with other local lenders recently.  If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#138- Creative Deal Structures

March 09, 2023 21:37 - 20 minutes - 18.6 MB

Creative Deal Structures - Cross-Collateralizing, Multiple Guarantors and Lending to entities or individuals   If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070   Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#137- The problem with 100% financing

March 03, 2023 21:22 - 18 minutes - 16.7 MB

The problem with 100% financing If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#136- We Interview Private Lender Rodney Miller From Hard Money Partner

February 23, 2023 18:30 - 32 minutes - 29.6 MB

We interview Rodney Miller from Oklahoma City.   His company Hard Money Partner has been lending for the past several years and also is a member of the Hard Money Mastermind group.    If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#135- Why We Started The Hard Money Mastermind Inner Circle Group

February 15, 2023 22:07 - 13 minutes - 12.7 MB

Why We Started The Hard Money Mastermind Inner Circle Group If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#134- 4 Steps to Start Private Lending

February 07, 2023 22:58 - 17 minutes - 15.7 MB

4 Steps to Start Private Lending If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#133- Starting Tax Season as a Hard Money Company

January 30, 2023 21:24 - 15 minutes - 13.9 MB

If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070   Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#132- Private Lender Case Study_ Dr. Rex Frost

January 26, 2023 20:37 - 22 minutes - 20.3 MB

Private Lender Case Study: Dr. Rex Frost. If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com  

#131- Goal Setting For 2023

January 18, 2023 20:38 - 16 minutes - 15.2 MB

Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070

#130- Risks For Private Lenders

January 06, 2023 21:22 - 25 minutes - 23.3 MB

Do you know the risks of real estate private lending?  We are going to dig in to consequences of bad underwriting, defaulted loans, lawsuits, fraud and human errow.  Some risks you can do your best to control while others might be a little harder.   Good news is its not all doom and gloom but important to understand your risks and try to reduce them to as low as possible. If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-l...

#129- How we closed 175 loans

December 27, 2022 21:50 - 20 minutes - 18.5 MB

Here is our breakdown of closed loan sources as we are close to closing out 2022. Past Client - 79 Broker- 37 Referral-14 Meetup Group- 1 Website -5 Google- 4 Direct Email- 10 Phone call - 8 Facebook- 3 Unknown- 12 If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Watch the full video podcast at www.privatelenderspodcast.com Make sure to check out the #1 Free Community For New and...

#128- We Took a Property Back Unexpectedly

December 22, 2022 20:57 - 13 minutes - 12.6 MB

We Took a Property Back Unexpectedly Video Podcast-  www.privatelenderspodcast.com.  Audio Podcast- https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#127- Setting Proper Expectations With Your Capital Investors

December 15, 2022 20:12 - 14 minutes - 13 MB

If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Tune in now and watch the full video podcast at www.privatelenderspodcast.com Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com

#126- How To Determine The After-Repair Value For Private Lenders with Russell Rhodes- Part 2

December 09, 2022 16:00 - 37 minutes - 86.5 MB

This episode is Part 2 of a 2 part virtual event we did for members in the hardmoneymastermind.com group.  Russell Rhodes shares his experiences on how to deteremine the after-repair value (ARV) For Private Lenders. If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Watch the full video podcast at https://youtu.be/2RicoD64aWA Make sure to check out the #1 Free Community For New and Experienced...

#125- How To Determine The After-Repair Value For Private Lenders with Russell Rhodes- Part 1

December 08, 2022 19:34 - 36 minutes - 83.6 MB

This episode is Part 1 of a 2 part virtual event we did for members in the hardmoneymastermind.com group.  Russell Rhodes shares his experiences on how to deteremine the after-repair value (ARV) For Private Lenders. If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Watch the full video podcast at https://youtu.be/2RicoD64aWA Make sure to check out the #1 Free Community For New and Experience...

#124-Todays Financing Options with Bryant Mason

December 06, 2022 21:37 - 27 minutes - 25.1 MB

Although we live in the private capital space its good to understand what other financing options are available for real estate investors and commercial property owners.  What 'were' the terms of alternative capital over the past years and what are they today (since many things have changed).  We interview Bryant Mason from Mid-Atlantic Financial Group.  Bryant places capital for borrowers looking for fix in flips, rental products and commercial mortgages.   Bryant has sent us many deals in ...

#123- How to build a sales funnel for borrowers needing funds from you

November 28, 2022 19:27 - 16 minutes - 15.5 MB

The more leads you have the higher your your portfolio quality will be. Its not only important to fill your funnel with leads but also how you are nurturing your current database. We breakdown a few funnels and go through tips and tricks to turn your contacts into deals. If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Watch the full video podcast at www.privatelenderspodcast.com Make sure ...

#122- Do the Boring Work

November 17, 2022 21:59 - 18 minutes - 16.8 MB

As entrepreneurs, real estate investors and private lenders we sometimes look over the basics and start chasing shiny objects. Here is a refresher on why doing the boring and basic stuff is more profitable! If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardm...

#121- Recap of the Inner Circle Meeting

November 08, 2022 19:32 - 18 minutes - 16.6 MB

We recap of the Hard Money Mastermind Inner Circle Meeting.  Top lenders from around the country met in Maryland by our main office on Nov 4-5th.  We recap the event, presentations and key takeaways. If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Tune in now and watch the full video podcast at www.privatelenderspodcast.com Make sure to check out the #1 Free Community For New and Experien...

#120- Proper Communication With Clients

November 01, 2022 20:05 - 17 minutes - 15.6 MB

We discuss the different ways to communicate with borrower clients throughout the process along with the different communication channels to use. If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Watch the full video podcast at www.privatelenderspodcast.com Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.ha...

#119- Lending On Different Asset Classes

October 18, 2022 19:12 - 14 minutes - 13.5 MB

Although most of private lending is within the traditional investment, residential property fix and flip, there are other asset classes to consider lending on: - Fix and flip - Fix and hold - New construction -Commercial - Multi-family -Office, retail, light industrial, self-storage etc... If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Tune in now and watch the full video podcast at...

#118- Keep Your Lending Operation Simple

October 13, 2022 20:11 - 15 minutes - 14 MB

Many lenders try to overcomplicate your business and its unnecessary.  Keep things simple... Your application process, your pricing & product structure, your internal operation and your capital investor relations.  We dive into all of these now... If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Tune in now and watch the full video podcast at www.privatelenderspodcast.com Make sure to check...

#117- Back To The Basics - The 4 C's of Underwriting

September 29, 2022 18:07 - 15 minutes - 14.5 MB

As private or hard money lenders its important to remember to be cautious when lending.  Many lenders have been too competitive over the past 5+ years to secure deal flow.  As the markets are changing we are going to re-cap the 4 C's.  - Collateral - Character - Capacity - Credit Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-pod...

#116- The 'Seasons' of HMB's History

September 27, 2022 19:24 - 19 minutes - 17.7 MB

We discuss the different seasons we have had inside our lending company Hard Money Bankers.   If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Tune in now and watch the full video podcast at www.privatelenderspodcast.com Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create your free account at www.hardmoneymastermind.com  

#115- The Craziest Default We Ever Had

September 16, 2022 18:48 - 20 minutes - 18.9 MB

Typically when a loan defaults it can be cured pretty quickly.  This particular deal had it all.  Foreclosure, Judgement, Bankruptcy workout...OH YEA.. and having to sue an insurance company out of state in order to collect on an insurance claim after the fully renovated house burnt down!  One more twist... That was the 3rd fire this gigantic house had...  To hear the entire story tune in now!!  If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.app...

#114- Show Me The Money

September 06, 2022 19:41 - 15 minutes - 14 MB

There is a lot of moving pieces in a private lending transaction.  The companies that move the quickest and most efficient (obviously with still be safe and secure) typically win.   Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and H...

#113- Loan Default Remedies

August 30, 2022 17:54 - 20 minutes - 18.7 MB

As lenders we underwrite our loans conservatively to prevent any sort of default BUT its inevitable to happen.   Some defaults may be minor (missed a payment, over the loan term etc...) while others may be worse (walked away from the project, seriously behind in payments, etc..)  You can make a business decision on how you want to default your client/borrower but its important to have options.  Your loan package (prepared by a competent Attorney) should have everything in there to protect ...

#112- Why Hard Money Rates Are More Competitive Now Than Ever

August 17, 2022 15:24 - 13 minutes - 12 MB

How are you pricing your loans? The private money rates are more competitive than ever currently. The institutional backed capital rates have really increased over the past few months so many borrowers would rather use private capital for the ease of the transaction. We dive into what we are seeing locally and throughout the markets we lend in. Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive review...

#111- How to be Your BEST at Private Lending

August 03, 2022 22:39 - 15 minutes - 14 MB

We discuss the ways for you to become the best private or hard money lender.  The scale is not based on loan volume or closed loans but based on what you want to acheive.  They are typically 5 domains to master (not perfect but to master).  Marketing, Underwriting, Accounting/Finance, Capital Raising/Investor Relations and Legal.  Remember- Mastering something typically means you are 80% proficient at it and is very doable.  You don't have to be perfect.  Quick tip:  "Who ever has the mo...

#110- Interview with $25 Mill Portfolio Hard Money Lender Derek Dombeck From Best REI Funding

July 25, 2022 16:45 - 40 minutes - 37.4 MB

We interview Derek Dombeck from Best REI Funding.   They are doing over $25 mill of private loans yearly just in the state of Wisconsin.   Derek has a lot of interesting insights he shares related to his business growth, how his team is setup and who their target client is.  They are constantly raising new capital and working to expand their loan portfolio.   Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a ...

#109- Why To Follow A Proven Formula For Success

July 20, 2022 19:11 - 14 minutes - 12.9 MB

Do you like doing things the easy way or the hard way? Over the years we have had multiple business coaches, mentors and consultants help us with different aspects of our business. Instead of fumbling through certain areas of our business we have hired experts or attend events or masterminds to help short cut it. We have been running our online hardmoneymastermind.com group (free and paid options) and due to popular demand will be hosting an in-person mastermind group for private & hard ...

#108- Underwriting Loans For Borrowers That Will Perform

July 14, 2022 17:11 - 18 minutes - 17.3 MB

Jason and Chris discuss the importance of borrower/client quality. Lots of private and hard money lenders are only focused on collateral (which by far is the most important part of underwriting) but fail to adjust loan amounts off the quality of the borrower. We discuss borrowers capacity, characteristics and credit. Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple...

#107- Conversations With Capital Investors & Secondary Market Changes

June 27, 2022 19:01 - 23 minutes - 21.7 MB

We discuss what happens during a changing market. If you have used secondary market capital you probably noticed that a lot of it dried up and the remaining capital is more expensive and more conservative. If you are only using private capital you have a huge advantage. We have seen an uptick of quality borrowers and deal quality. This is how we are reacting. Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a po...

#106- We interview our partner Ryan Walsh who runs our New Jersey office

June 01, 2022 16:55 - 57 minutes - 132 MB

Our partner Ryan came down to our office this week and got a chance to throw him on camera to interview him.   We discuss:  1) Why he originally wanted to get into private lending  2) What was ingrained in his head early on during start-up time  3) Best daily practices to continue to grow his portfolio Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/pod...

#105-The Smallest Deals Have The Biggest Problems

May 25, 2022 19:29 - 17 minutes - 16 MB

In our experience the smaller deals tend to have the biggest headaches.  That doesn't mean they don't perform and default.  It does mean that we have headaches along the way.   We prefer to lend to experienced operators, with good credit, solid characters on good assets (in good median priced neighborhoods) Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/po...

#104- Communication Hacks With Borrowers & Private Capital Investors

May 06, 2022 21:08 - 14 minutes - 13 MB

Properly communicating with your borrower clients and private capital investors is so important. More over, you have to make their lives easier when they borrow from you or invest with you. We go through how we communicate, how often and the best ways too. They easy hacks will help you increase your lending business. Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com...

#103- Live Q& A with Cesar Tamayo

April 29, 2022 17:53 - 36 minutes - 33.2 MB

We interviewed Cesar Tamayo who is a private lender.  We discussed: - Pros and Cons of Institutional backed lenders - Process between verbally quoting a loan to getting it to closing - Working with other capital investors - Learning personality types Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to c...

#102- Interest Rates & Deploying More Capital

April 22, 2022 19:14 - 21 minutes - 19.7 MB

Jason and Chris discuss rising interest rates and how it will affect our business. - Institutional backed lenders will have higher rates - Make sure your paying attention to UW on the future values of your clients projects  - Mortgage rates vs. Short term rates They discuss a few ideas to help some of the Hard Money Mastermind members do more deals. Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive...

#101- Self-Directed IRA Capital Investors

April 06, 2022 19:11 - 14 minutes - 33.9 MB

Jason and Chris discuss ways to work with capital investors that have self-directed IRAs. How to find them, work with them and structure the deals... Tune in now and watch the full video podcast at www.privatelenderspodcast.com If you enjoyed this podcast we would appreciate a positive review...  https://podcasts.apple.com/us/podcast/private-lenders-podcast/id1476153070 Make sure to check out the #1 Free Community For New and Experienced Private and Hard Money Lenders.. Create you...

#100- Raising capital, investor relations and equity syndications

April 04, 2022 17:14 - 1 hour - 159 MB

We recently did a podcast for our Hard Money Bankers clients (ex.. local real estate investors)… After we finished it we realized it was all about raising private capital and investor relations. The conversation went in a few directions related to: - Raising capital and creating the proper investor partnership; - How to take care of your investors and know what deals work best for both parties; - How to structure equity syndications. Tune in now and watch the full video podcast at ...