4.9 • 675 Ratings
🗓️ 21 April 2025
⏱️ 18 minutes
🧾️ Download transcript
Mike Susi serves as the Director of Lending at Lukrom, where he over sees the firm’s private lending operations. Lukrom is a direct provider of short-term capital for real estate investment opportunities, specializing in first-position debt across a diverse range of asset classes. During his career, Mike has structured financing for a broad spectrum of projects, including residential fix-and-flips, spec home construction, condo conversions, hospitality ventures, land acquisitions, mobile home parks, small subdivisions, multifamily developments, and other commercial properties. His extensive experience in underwriting has provided him with a keen ability to assess investment opportunities across various real estate sectors.
Connect with Mike: 207.838.5987, LinkedIn
Highlights:
1:33 - Self Taught Real Estate
5:08 - Learn From The People Around You
6:32 - Asses Risk vs Reward
7:07 - Private Lending Advise
8:26 - Entering Other Markets
11:26 - Cost & Value
14:56 - Focus on Private Investors
Quote: "Assesment of risk come from good questioning."
Recommended Resources:
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0:00.0 | You've been searching for the best way to generate passive income in your life and heard that real estate is a great way to do it. |
0:09.4 | But you're tired of all the so-called gurus who are all talk and no substance. |
0:15.3 | Get ready to celebrate because Kevin Buck has spent 14 years successfully making it happen. |
0:21.7 | This is the Real Estate Investing for Cash Flow podcast. |
0:25.2 | Now, here's Kevin Bup. |
0:30.1 | Hey guys, Kevin Bup here, and I want to welcome you to another episode of the Real Estate |
0:33.7 | Investing for Cashflow podcast. |
0:35.7 | Our mission is to help you build and maintain massive amounts of cash flow through income |
0:39.8 | producing real estate investments. |
0:42.1 | Now, our guests for this week's show is finance and lending expert Mike Sousie. |
0:46.0 | Now, Mike serves as the director of lending at Lucrum, where he oversees the firm's private |
0:50.3 | lending operations. |
0:51.9 | Lucrum is a direct provider of short-term capital for real estate investment opportunities, |
0:56.0 | specializing in first-position debt across a diverse range of asset classes. |
1:00.8 | During his career, Mike has structured financing for a broad spectrum of projects, |
1:05.2 | including residential fix-and-flips, spec home construction, condo conversions, |
1:13.4 | hospitality ventures, land acquisitions, mobile home construction, condo conversions, hospitality ventures, land acquisitions, |
1:18.4 | mobile home parks, small subdivisions, multifamily developments, and multiple other commercial properties. His extensive experience in underwriting has provided him with a keen ability to assess |
1:23.6 | investment opportunities across various real estate sectors. And so, guys, without further |
1:27.7 | do, I'd like to welcome Mike, Susie, to the show. Mike, my friend, how you doing today? |
1:32.7 | Doing great, Kevin. Thank you so much for having it. I appreciate it. |
1:36.0 | Excited to have you here. Excited to pull back the curtain, learn a little bit more about you, |
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