Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

• Who is David C. Barnett?
• How did David get into private money lending?
• How does David look for deals that help improve the borrower’s business?
• What’s David’s story?
• What about doing financial deals?
• What about commercial debt brokerage?
• What did the limited power attorney allow David to learn?
• Do we know what will happen in the future?
• What about collateral?
• What about Plan B?
• What happens when things go south?
• How do the wealthy stay wealthy?
• What about the small deals?
• What about doing a small deal with your own money?
• What about the percentage?
• What about selling the collateral piece if it doesn’t work out?
• What about social, moral trust?
• What about retail vs. wholesale investment?
• What is a retail investment?
• What does a bank do with a certificate of deposit?
• What happens with the repo man?
• How might you increase your rate of return?
• Are these sort of deals the riskiest?
• How do you build your network?
• What about diversification?
• What about risk and reward?
• How do you find opportunities?
• Should you put an ad out?
• How do you connect with a club?
• How do you build a network?
• Where is the social angle?
• How is a network self filtering?
• What about credit reporting?
• What are the advantages of a private deal?
• Will it affect the borrower’s credit score?
• What are the protections?
• What about diversification?
• What about the notes as an asset?
• What about a rate with compound yield?
• What happens if the zombie apocalypse happens?
• What’s the worst case scenario?
• What about Nassim Taleb’s barbell strategy?
• What about the rattlesnake?
• What about leverage strategies?
• What about thinking about someone’s personal needs?
• How might you benefit your borrower?
• How might you collateralize?
• What legal documents do you need?
• How is personal property different from real estate?
• What about the contracts?
• Do you need to go in front of a judge?
• If someone can’t make the payment, what’s likely happening?
• What about a nuance in the language?
• What’s a UCC filing?
• What about creating a registration?
• How do you choose which loans are worth it?
• What are the rules in your state?
• What is the limit on the interest you can charge?
• What about consumption?
• What about financing business needs or personal needs?
• What are the circumstances that must exist for David to make a loan?
• How does this increase cash flow?
• How does this increase revenue?
• How does this help them save money?
• Why did David write this book?
• Can you do deals on the side?
• How much should you limit yourself?
• How might you leverage deals with your knowledge and expertise?
• Would you like to learn more at davidcbarnett.com?
• Would you like to download his free book?
• How might you invest in what you know?
• Do you know your borrower?
• Do you have liquid capital?
• How might you be an ethical lender?
• How might you provide a solution for those in need?
• Would you like to leave us a review?
• Send us a screenshot of your review to hello@nyafinancialpodcast.com, and we will send you a free book!