Why Work with a Private Lender to Set Up Extended Stay Rentals

47 viewsover 5 years ago2m 46sScore: 75

Al Williamson - LeadingLandlord

Growth & Marketing
intermediate
Mid-Term Rental
Investors
Profitability
Revenue Management

Summary

This video addresses how to work with private lenders. It emphasizes that asking for money from a private lender should not feel like begging, as you are providing them with a return on their investment through interest payments. It then outlines a three-phase process for dealing with private lenders: funding reserves, paying back the principal, and then providing the payoff reward. Finally, the video mentions utilizing self-directed retirement accounts.