Friday Jan 31, 2025
Vetting Borrowers and Building Partnerships in Real Estate
Welcome to a new episode of Get Creative! Your host, Jordan Whittenburg, sits down with Jamie Stone, a real estate investor based in Portland, Oregon, to discuss his journey into private money lending and the valuable lessons he's learned along the way. Jamie shares his experiences within the Gator Tribe and Subto communities, highlighting the importance of vetting borrowers, building partnerships, and diversifying your investment strategies.
Highlights:
"If you're tired of sitting on the sidelines, it's time to secure your first deal. Join our thriving community of winners who take action and make their mark in the real estate industry."
"I think most, I would guarantee, most people, their investments would probably be the fund that's kind of targeted towards their age of retirement."
"If you can't get someone to go there, what you can do is get the borrower to go out on the street and show the houses on the street, to show the mailbox, and then show them walking in from the mailbox as proof."
"You can't do everything, and it's better to be focused, is what I'm learning."
Timestamps:
00:00 - Introduction
01:53 - Jamie Stone's Background and Transition to Real Estate
03:49 - The Appeal of Private Money Lending
07:12 - Successful Deal in Jackson, Georgia
11:04 - Navigating Challenges and Lessons Learned
15:57 - Importance of Vetting Borrowers
20:34 - Strategies for Vetting Borrowers
23:54 - Leveraging the Gator and Subto Communities
27:55 - Future Focus and Partnering Opportunities
30:04 - Conclusion
► Join The Subto Community & Learn Creative Finance Directly from Pace:
https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:
► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
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