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3 contributions to Private Real Estate Lending
Mindset Monday
Always be learning! Your income will never outgrow your personal development. Make sure you are consistently leveling up your mindset, your access, and your knowledge. Cheers to those of you who did your homework. Staying accountable to yourself is a huge part of success. Let's talk about it on tomorrow's LIVE zoom at 5pm EST. Tomorrow on the zoom we are covering info you need in order to do Due Diligence on a loan opportunity. This week's module is now open in the classroom so be sure to check it out before tomorrow's zoom. We will also go over Q&A so come with your questions. Comment below a piece of mindset wisdom for our community to kick off the week! See you all live tomorrow.
4 likes • Sep '24
Thank you! DD is so important. Like many, I can muddle through it. But I don't know what I don't know, which leaves the transaction open to more risk (as in, risk of me missing something).
Underwriting!
What is underwriting? The most important thing for a lender is to make sure they get all their money back. The second most important thing is to make the best return on their money. It is crucial to figure out what the property you are lending on is worth as-is in order to know the most you can lend on it and be safe. Comment here how comfortable you feel right now 1-10 on your underwriting skills. 1 being brand newbie and 10 being GENIUS level. 🚩DO NOT START LENDING UNLESS YOU FIRST UNDERSTAND HOW TO UNDERWRITE! 🚩
2 likes • Sep '24
5
YOU NEED LEADS!
The bloodline of any business is LEADS!📈 In the classroom tab, there is a short video on how to find leads for your PML Business! Remember, this community exists to help you get your first PML Deal. In order to do so you need leads coming in, that is the FIRST STEP! Comment on this post, "NEED" or "HAVE" if you need leads still or have leads that need funding! If you HAVE, put what kind of deals you specialize in? (Market, Position, Average Amount, ETC) Housekeeping Items - New Tabs on the Community Tab! 😆 "Available Deals" and "Beginner Questions" exists here in school. What are you main questions about PML? If you have available deals that need funding right now there's a tab for you! 💰 (Check out this tab as I currently have deals available!) - LEADERBOARD!🥇 On Sept 25th I will choose whoever is #1 on the leaderboard and give them a FREE virtual ticket to my upcoming PML Mastermind where decades of lending knowledge will be shared! You get points by engaging in the community, posting, comenting and watchign the classes! Extra leaderboard points if you share the community with a friend!❤️‍🔥 This is your opportunity to get a FREE ticket to this can't miss event! Homework: - Introduce yourself if you haven't already! - Watch the Finding Borrowers Video and Post 3 TAKEAWAYS - Take ONE Action Step Toward Finding Your Own Borrowers for PML Deals & Post What Action You Are Taking
YOU NEED LEADS!
3 likes • Sep '24
NEED - have some straggler SDIRA dollars that have been pretty lazy and need to get working!
1-3 of 3
Dana Toms
2
11points to level up
@dana-toms-6593
The Problem Solving Investor. Buyer, borrower, PML, options. Contact me for buying parameters

Active 1h ago
Joined Sep 5, 2024
SE Michigan