Summary
In this conversation, Rhea Campbell discusses the intricacies of project lending, emphasizing the importance of understanding the project dynamics and the evaluation of business plans. She highlights that while the initial underwriting may not be perfect, the lender's own assessment will ultimately determine the viability of the deal. The focus is on the ability to execute the business plan and achieve a clean exit, which are critical factors in the lending decision.
Takeaways
Education and mentorship speed up success.
Raising capital is about trust and relationships.
Private money lending fuels rapid growth.
Bigger deals are possible with creativity and partnerships.
Investing in mentorships pays off exponentially.
Chapters
00:00 Introduction to Real Estate Investing and Coaching
02:52 Rhea Campbell's Journey: From Corporate to Entrepreneur
08:43 The Shift to Real Estate: Discovering True Passion
15:37 Building a Portfolio: The Importance of Education and Community
20:29 Raising Capital: Strategies for New Investors
26:43 Lessons Learned: The Importance of Preparation and Trust
32:09 The Virtuous Circle of Investment
32:55 Building Trust as a New Investor
35:31 Transitioning from Single Family to Commercial Deals
40:16 Understanding Different Revenue Streams
44:52 Starting in Real Estate: Single Family vs. Commercial
49:58 The Importance of Education and Mentorship
53:02 Investing in Yourself: The Value of Education
01:01:09 Outro
📚 Books
The 10x Rule – Grant Cardone
The E-Myth / The E-Myth Revisited – Michael E. Gerber
🎙 Podcasts / Groups / Mentorships
SubTo Community – Pace Morby’s mentorship group
🌐 Websites & Services
RealPropPro.com
