August 14, 2020

Episode 154: Invest Local! Private Money Lending with David C. Barnett

36 minutes

In this episode, we ask:

Who is David C. Barnett?

How did David get into private money lending?

How does David look for deals that help improve the borrower’s business?

What’s David’s story?

What about doing financial deals?

What about commercial debt brokerage?

What did the limited power attorney allow David to learn?

Do we know what will happen in the future?

What about collateral?

What about Plan B?

What happens when things go south?

How do the wealthy stay wealthy?

What about the small deals?

What about doing a small deal with your own money?

What about the percentage?

What about selling the collateral piece if it doesn’t work out?

What about social, moral trust?

What about retail vs. wholesale investment?

What is a retail investment?

What does a bank do with a certificate of deposit?

What happens with the repo man?

How might you increase your rate of return?

Are these sort of deals the riskiest?

How do you build your network?

What about diversification?

What about risk and reward?

How do you find opportunities?

Should you put an ad out?

How do you connect with a club?

How do you build a network?

Where is the social angle?

How is a network self filtering?

What about credit reporting?

What are the advantages of a private deal?

Will it affect the borrower’s credit score?

What are the protections?

What about diversification?

What about the notes as an asset?

What about a rate with compound yield?

What happens if the zombie apocalypse happens?

What’s the worst case scenario?

What about Nassim Taleb’s barbell strategy?

What about the rattlesnake?

What about leverage strategies?

What about thinking about someone’s personal needs?

How might you benefit your borrower?

How might you collateralize?

What legal documents do you need?

How is personal property different from real estate?

What about the contracts?

Do you need to go in front of a judge?

If someone can’t make the payment, what’s likely happening?

What about a nuance in the language?

What’s a UCC filing?

What about creating a registration?

How do you choose which loans are worth it?

What are the rules in your state?

What is the limit on the interest you can charge?

What about consumption?

What about financing business needs or personal needs?

What are the circumstances that must exist for David to make a loan?

How does this increase cash flow?

How does this increase revenue?

How does this help them save money?

Why did David write this book?

Can you do deals on the side?

How much should you limit yourself?

How might you leverage deals with your knowledge and expertise?

Would you like to learn more at davidcbarnett.com?

Would you like to download his free book?

How might you invest in what you know?

Do you know your borrower?

Do you have liquid capital?

How might you be an ethical lender?

How might you provide a solution for those in need?

Would you like to leave us a review?

Send us a screenshot of your review to [email protected], and we will send you a free book!

Get our episodes delivered right to your inbox so you don’t miss the amazing free content we’re giving out each week. Also get exclusive access to live calls, office hours and Q&A with me and our esteemed guests!

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David Barnett works with entrepreneurs around the world helping them to buy, sell and organize their small and medium sized businesses.

He’s the author of 8 titles on Amazon (Read David’s Books) and has been maintaining a YouTube channel (watch David on YouTube) covering these topics which has hundreds of videos.

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By Not Your Average Financial Podcast™

4.7

122122 ratings

August 14, 2020

Episode 154: Invest Local! Private Money Lending with David C. Barnett

36 minutes

In this episode, we ask:

Who is David C. Barnett?

How did David get into private money lending?

How does David look for deals that help improve the borrower’s business?

What’s David’s story?

What about doing financial deals?

What about commercial debt brokerage?

What did the limited power attorney allow David to learn?

Do we know what will happen in the future?

What about collateral?

What about Plan B?

What happens when things go south?

How do the wealthy stay wealthy?

What about the small deals?

What about doing a small deal with your own money?

What about the percentage?

What about selling the collateral piece if it doesn’t work out?

What about social, moral trust?

What about retail vs. wholesale investment?

What is a retail investment?

What does a bank do with a certificate of deposit?

What happens with the repo man?

How might you increase your rate of return?

Are these sort of deals the riskiest?

How do you build your network?

What about diversification?

What about risk and reward?

How do you find opportunities?

Should you put an ad out?

How do you connect with a club?

How do you build a network?

Where is the social angle?

How is a network self filtering?

What about credit reporting?

What are the advantages of a private deal?

Will it affect the borrower’s credit score?

What are the protections?

What about diversification?

What about the notes as an asset?

What about a rate with compound yield?

What happens if the zombie apocalypse happens?

What’s the worst case scenario?

What about Nassim Taleb’s barbell strategy?

What about the rattlesnake?

What about leverage strategies?

What about thinking about someone’s personal needs?

How might you benefit your borrower?

How might you collateralize?

What legal documents do you need?

How is personal property different from real estate?

What about the contracts?

Do you need to go in front of a judge?

If someone can’t make the payment, what’s likely happening?

What about a nuance in the language?

What’s a UCC filing?

What about creating a registration?

How do you choose which loans are worth it?

What are the rules in your state?

What is the limit on the interest you can charge?

What about consumption?

What about financing business needs or personal needs?

What are the circumstances that must exist for David to make a loan?

How does this increase cash flow?

How does this increase revenue?

How does this help them save money?

Why did David write this book?

Can you do deals on the side?

How much should you limit yourself?

How might you leverage deals with your knowledge and expertise?

Would you like to learn more at davidcbarnett.com?

Would you like to download his free book?

How might you invest in what you know?

Do you know your borrower?

Do you have liquid capital?

How might you be an ethical lender?

How might you provide a solution for those in need?

Would you like to leave us a review?

Send us a screenshot of your review to [email protected], and we will send you a free book!

http://nyafinancialpodcast.com/subscribe/

David Barnett works with entrepreneurs around the world helping them to buy, sell and organize their small and medium sized businesses.

He’s the author of 8 titles on Amazon (Read David’s Books) and has been maintaining a YouTube channel (watch David on YouTube) covering these topics which has hundreds of videos.

...more