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Want to earn 30%+ returns without lifting a single tool or managing a flip? Rich Lennon does it. In this episode, he breaks down exactly how. If you’ve been curious about private lending but aren’t sure where to start or how to avoid getting burned, this one’s packed with straight-up, real-world advice you won’t hear from the gurus.
In this episode, Rich Lennon shares the 7 key rules that protect his money, keep his deals clean, and help him sleep at night while earning returns most investors only dream about. Whether you’re new to lending or ready to stop making avoidable mistakes, these principles will change the way you look at investing.
You’ll Learn How To:
Who This Episode Is For:
Why You Should Listen:
These seven rules aren’t just a theory; these are hard-earned from dozens of deals and conversations with lenders who've made every mistake in the book. Rich keeps it honest, simple, and practical. If you want to build actual passive income without getting stuck in a second position or dealing with sloppy paperwork, this is your shortcut.
What You’ll Learn in This Episode:
[00:00] Why Rich never swings a hammer but still earns 30% returns
[01:00] The most significant mistake new lenders make (and how to avoid it)
[02:00] Why is the first position non-negotiable
[03:00] The truth about underwriting, paperwork, and ARVs
[05:00] How to control construction draws and stay protected
[06:00] The power of going local and why it saves your deals
[07:30] What skin in the game means and how to enforce it
Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/
5
142142 ratings
Want to earn 30%+ returns without lifting a single tool or managing a flip? Rich Lennon does it. In this episode, he breaks down exactly how. If you’ve been curious about private lending but aren’t sure where to start or how to avoid getting burned, this one’s packed with straight-up, real-world advice you won’t hear from the gurus.
In this episode, Rich Lennon shares the 7 key rules that protect his money, keep his deals clean, and help him sleep at night while earning returns most investors only dream about. Whether you’re new to lending or ready to stop making avoidable mistakes, these principles will change the way you look at investing.
You’ll Learn How To:
Who This Episode Is For:
Why You Should Listen:
These seven rules aren’t just a theory; these are hard-earned from dozens of deals and conversations with lenders who've made every mistake in the book. Rich keeps it honest, simple, and practical. If you want to build actual passive income without getting stuck in a second position or dealing with sloppy paperwork, this is your shortcut.
What You’ll Learn in This Episode:
[00:00] Why Rich never swings a hammer but still earns 30% returns
[01:00] The most significant mistake new lenders make (and how to avoid it)
[02:00] Why is the first position non-negotiable
[03:00] The truth about underwriting, paperwork, and ARVs
[05:00] How to control construction draws and stay protected
[06:00] The power of going local and why it saves your deals
[07:30] What skin in the game means and how to enforce it
Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/
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