PRIVATE LENDING IN REAL ESTATE. Using private lending to grow your real estate portfolio.

[@PrimeRealEstate]

Darren is the man!

[@DarrenVoros]

Coming from you guys, that's high praise. I'll take it! Looking forward to our episode that goes live tomorrow (May 8th)

[@stephenguymcgrath]

I will be watching this one on repeat.

[@DarrenVoros]

This is definitely a game changer.

[@presentowner3198]

Mindbuildingsolutions approved. Excellent content and video.

[@krisbucci6149]

Great video... I get to pay off 150k + interest if private money this Friday. It’s going to feel good to repay our lenders as they allowed us to kick start our dreams!!!

[@DarrenVoros]

Right! That's always such a good feeling. The feeling that's even better is when you repeat it again :)

[@YankeeStacking]

And I like being the LENDER with PML!! I've done it since 2008 and let me tell you, I think there's no other way to passively invest with as much security and ROI than with Private Mortgage Lending. I sleep better at night not being fully in the stock market, I get a nice 8% APY, I can lower risk with short term loans if interest rates happen to go up, and I don't have to worry about roofs and toilets! As I say on my YT channel..."Be the Bank!" 👌🏼

[@adamyiancou7397]

Hi Darren, what is meant by " Carrying costs"? thanks

[@DarrenVoros]

Carrying costs are the costs you incur on a month to month basis for the property. Mortgage, property tax, insurance, etc.

[@Anniducati]

Can't tell you how much I appreciate these fast-talking videos. Just the facts, ma'am. I'll definitely keep tuning in.

[@DarrenVoros]

Thanks Anne. It's always been my mandate to get out what I have to say in 15 minutes or less :)

[@Sombra_Azul_]

Calculating from an internal rate of return point of view, which is superior for building a portfolio: banks or private lenders?

[@DarrenVoros]

Depends on the size of the asset. Larger buildings, you'd want to go with the banks but building a smaller portfolio is often done privately for acquisition and then to banks for long term hold.

[@Sombra_Azul_]

@@DarrenVoros Understood! Thank you for the education.

[@rae717]

I love how you edit so well, and put so much substance in each video. Great presentations!

[@DarrenVoros]

Thanks so much Rae. It's a lot of work to prepare each video but in the end I'm always glad I've put the effort in when I see the finished product. Thanks for watching and commenting.

[@paulpear3590]

Hi Darren Great video. Really appreciate all the info. RP

[@gaurangpatel8393]

how much money do you need to start a private landing?

[@anthonykarasmanis6434]

Way to go Darren, your videos are always to professional and to the point. Love it.

[@DarrenVoros]

I appreciate that, thanks Anthony!

[@JustinKonikow]

One of the best ways to grow. Way to break it down for the audience. Liked and subscribed!

[@DarrenVoros]

Thanks Justin!

[@Inspirationman]

Hi Darren, i just got into real estate investing and bought my first property. I went to TD for the loan. I intent to rent the property out. My question is how do i pay off the lender and buy properties down the road?

[@tparish56]

Great video Darren! thanks for the explanation with the dollar figures! When is the coaching available? :)

[@DarrenVoros]

I've launched my coaching program. Check it out at www.darrenvoros.com/coach-with-darren

[@fortknight4527]

also what does carrying cost include?

[@fortknight4527]

hey at 8:33 the purchase price showed as $425,500 but before you mentioned it was $425 000. was that addtional $500 an error or did it include like a wholesaler fee of some sort? Great video tho very informative with an example it allowed me to actually pull out my calculator and run the numbers to deepen my understanding !

[@jcgalang855]

I love it! Starting our RE journey through BRRRR and private lending will be vital to us. Don't know if I missed it, but would you ever do Private Lending with friends and family? Subscribed!

[@DarrenVoros]

Thanks for the sub Jc. Yes, I would private lend with friends and family but I would use the same vetting procedures regardless of who is borrowing.

[@antonioe25]

I am looking for a private lender, any recommendations?

[@DarrenVoros]

Have you talked to a mortgage broker who works in private lending?

[@antonioe25]

Darren Voros hey I have not yet, looking for one in Kitchener Waterloo area

[@DarrenVoros]

@@antonioe25 Watch this video and you should be good to go :) kzbin.info/www/bejne/qX7Xq4yiapiVrcU

[@DarrenVoros]

@@antonioe25 Kyle is from that area so you can grab his contact info from the video

[@antonioe25]

Darren Voros thank you 🙏

[@eschrader]

Would you still use private lending if you had all the money? Or is it smarter in your business to keep that capital freed up?

[@DarrenVoros]

Great question. Depends on what my money could be earning elsewhere. If I can earn 20% somewhere else and borrow at 10%, I'd do it all day.

[@kal1136]

I like your video, you put true pictures, I live in Brampton, where I can find house flipping team like PRRR , THANKS

[@DarrenVoros]

Glad you enjoyed it