It’s been a while, but here’s an important (and a bit longer!) episode about the legalities and illegalities of hard money financing in Tennessee.

Today you're going to learn about the lender-borrower relationship, the hierarchy of the real estate business, but also about how you can check for the regulations about hard money financing in your own state.

You’ll hear the details of my litigation against two lenders for the breach of contract and R.I.C.O. violations, and I’m also going to introduce you to my all-star legal team that is helping me fight this fight.

And I hope that the results of this legal endeavor will have long-term effects and benefits for all of you investors creators out there.

What is Covered:

- What would you do in this situation? (the scenario I laid out to my Scale group)

- How I discovered the legalities and illegalities of hard money financing in Tennessee

- The reason why some loans are illegal

- “The borrower is slave to the lender.” Emotional aspects of the borrower-lender relationship

- The hierarchy and power dynamics in the real estate business

- State of Tennessee’s position and the initial reactions of lenders

- Litigation, lenders’ defense and the concept of R.I.C.O.

- The impact of this legal action on title companies and real estate associations

- Introducing my team of legal experts and the next steps

Resources:

- Learn more about R.I.C.O. https://www.ussc.gov/guidelines/primers/rico

- Listen to the RICO Report Podcast https://www.troutman.com/rico-report.html

- Join our FREE Facebook Group https://t.ly/3naz6

It's time again to celebrate the wins of the Investor Creator Apprentices. Leah and Wes have been with us for two and a half years. During that time they captured $1,000,000 in equity, all while doing real estate part-time, Wes having a full-time job, and Leah homeschooling their five children (which is another full-time job.)

How did they do it? What was their first deal, their favorite deal, their worst deal? How do they manage their business and family life? What tips and insights do they have for you guys? Let's hear it from Leah and Wes!

What is Covered:

(03:45) Why Leah and Wes got into real estate investing

(09:03) Trepidation and misconceptions they had coming into the business

(12:40) The journey from the decision to do the business until the first deal

(14:55) What owner financing is

(20:15) Changing the belief system after the first successful deal

(22:10) How Leah and Wes manage the workload with a full-time job, two part-time jobs and homeschooling

(28:15) Balancing business and marriage and whether it's possible to do this business on your own without your spouse

(34:20) Where to find virtual assistance and how to pay them

(35:10) A walk through a typical purchasing process

(39:45) Google Ads monthly spending

(40:45) Handling title company, real estate attorney, insurance, company structure etc.

(42:58) Wes and Leah's favorite and least favorite deal so far

(51:54) How to handle contractors remotely

(55:29) Experiences with realtors

(59:00) How quickly you can move to the perfect presentation call

(01:00:52) Should you nudge your friends into the business?

(01:02:00) Sticking to the Investor Creator script vs. diverging from the script

To apply to learn the secret techniques and strategies that created success for Leah and Wes, visit us at https://investorcreator.com/

Resources:

- Join our FREE Facebook Group https://t.ly/3naz6

- Check out our other podcast, Investor Creator's Deals Podcast

We're sharing this episode from our new Investor Creator's Deals Podcast, where we're celebrating Rachel and Eran Sivan and their wins in the past year and a half. Prior to Investor Creator, they never ever bought a piece of real estate. But they did a million dollars net in less than 14 months of implementation of our processes and systems.

In this episode, we dive deep into their success. We're talking about the lead generation they've used, how they deal with mindset struggles and challenges, the first deal that they did, as well as the toughest deal that they did.

Rachel's and Eran's story will help you build your belief systems, because we at Investor Creator believe that there's more to business internally than externally. Your mindset and your belief systems will drive growth more than what the market's doing, what interest rates are doing, who the next president is etc. So let's hear it from Rachel and Eran!

What is Covered:

(00:00) Introduction and why we must learn to celebrate wins

(05:17) Apprentice Spotlight: Rachel and Eran Sivan

(09:02) Transitioning from nonprofit work to real estate

(14:42) Running PPC ads and getting the first deal

(17:02) How they turned a $6,000 investment into an $80,000 profit

(21:23) Remote marketing and remote real estate investing

(25:42) Lessons learned on the journey to 7 figures

(29:11) The power of mindset and perseverance

(31:09) Rachel's and Eran's best and toughest deals

(36:53) How to overcome limiting beliefs when starting out

(41:42) Unexpected sources of funding for real estate deals

Resources:

Learn more about our Apprenticeship Program

Email me directly if you want to join us

Check out our other podcast, Investor Creator's Deals Podcast