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Updated over 7 years ago,
NSDREI July Meeting - Jeff Smallowitz on Private Money
3 Replies
- 07/18/17 06:00PM
- El Camino Country Club, Oceanside CA
- $20.00
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DATE: Tuesday, July 18, 2017
TIME:6 p.m. Networking, 7 p.m. Presentation
PLACE:El Camino Country Club, Oceanside, CA
Jeff Smallowitz
Lending and Borrowing Private Money
As San Diego real estate investors, we’re always looking for the next deal — but perhaps that next deal hasn’t shown up yet. Or perhaps you have neither the time nor desire to own property and be a landlord. If so, then loaning your money to other experienced investors, secured by real estate, might be for you. The cool thing is, you don’t need a lot of cash to get started! Join us this month where experienced private money lender Jeff Smallowitz teaches you how to loan your personal funds safely and securely, without actually owning the properties — as well as many tips on
borrowing from a private lender. Jeff will not only talk about the pitfalls of borrowing private money, but also the benefits of working with or becoming a private lender.
Topics covered will include:
•The Basics of Becoming a Private Lender or Borrowing From One
•Questions to Ask a Potential Lender and What to Watch Out For
•How Much Money you Need to Get Into the Lending Business
•Loaning to and From Self-Directed IRA's and 401Ks
•How to Evaluate a Good Deal as Both a Lender and a Borrower
•The Simple Rules for Lending and Borrowing
•The Required Paperwork
•How to Keep it Legal!
Don’t miss this chance to learn how to add another income stream to your portfolio!
About the Speaker:
Jeff Smallowitz is a full-time consulting aerospace engineer who loves his career and pinches himself every day in disbelief that his clients actually allow him to work by their sides. With real estate experience ranging from out-of-state house flipping, a portfolio of overseas residential and commercial properties, and many performing loans secured by flips, Jeff and his wife Ellen rave about lending. They are also disgruntled stock investors who dumped their stock portfolio years ago in favor of investing their after-tax money and retirement funds into first-position
performing trust deeds, while only wishing they started sooner.