4.6 • 1.6K Ratings
🗓️ 26 June 2023
⏱️ 56 minutes
🧾️ Download transcript
Join Nick Lamagna on The A Game Podcast with his guest Tim Herriage a former intelligence offer and Sgt in the US Marines corps turned entrepreneur and real estate investor. He has completed over $3 BILLION in real estate investment transactions, including buying 2,000 houses, 1,500 apartment units, 100,000 square feet of commercial space, and 10,000 loans to real estate investors. Tim built and sold six companies by the age of 40, taking Finance of America Public with Blackstone.
Tim is currently the Executive Director at RCN Capital, a national, direct, private lender. providing commercial loans for the purchase or refinance of non-owner-occupied residential and commercial properties. The company specializes in new construction financing, short-term fix & flip and bridge financing, and long-term rental financing for real estate investors. You can find Tim following his passion as a chef, eating bbq, spending time with family as well as hosting his podcast The Uncontested Investing Show! He has a goal to be a billionaire and has risen to the top of everything he’s committed to in and out of the military including being at one point the #1 Homevestors franchise in the country along the way he has managed to keep his integrity and stay true to his mantra of "Principles above all." Don't miss this great episode where Tim shares incredible insights on his victories and mistakes you can now benefit from.
Topics for this episode include:
✅ How To Get The Confidence To Become A Millionaire
✅ Common mistakes when scaling a business
✅ What are the most profitable real estate markets to invest in
✅ Housing Market predictions for 2024
✅ What do lenders look for investors when funding deals
✅ The difference between growing a busines vs scaling a business ➡️ ➡️ ➡️
Connect with Tim:
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0:00.0 | Welcome to the A-Game Podcast with Nick Lemanya, digging into the minds and experiences |
0:19.3 | of some of today's brightest entrepreneurs in real estate and business, along with Hollywood |
0:24.4 | stars, UFC fighters, and your favorite rock fans. People that have figured out how |
0:29.4 | to overcome obstacles, take chances, live boldly, and no matter what they do, they always |
0:36.2 | bring their A-Game. |
0:37.2 | All right, my guest today on the A-Game Podcast is the famous, the tenacious, the on his |
0:49.9 | way to being a multiple time, billion sold, 1.7 plus, going to 5 billion with a B. Tim |
0:56.3 | Harridge, he is a absolute workhorse, he's a stallion, he's a guy with integrity, former |
1:01.0 | Marine. I've known him for a long time. I know he probably doesn't realize I've known him |
1:04.6 | for so long. I talk about how I met him like 13 years ago at the REI Expo, and just knew |
1:08.9 | that that guy was going to do really big things. He's bought and sold multiple companies, |
1:12.6 | created a ton of wealth over time, gotten back in the game as one of the faces of RC and |
1:15.9 | capital. So right now, I always say, fundability drives a market. And when you're somebody |
1:19.8 | who's doing 7,000 plus loans for investors every single year, you know what's happening |
1:24.1 | in the market and in a transitioning market right now, the lenders have all the data they |
1:27.8 | hold all the cards. So we talk a lot about what's happening in the market and how you |
1:31.2 | go from a place when you grew up with a family and you're really not making money, not |
1:34.9 | around successful people, not around entrepreneurs, how do you go from that background to somebody |
1:38.7 | that eventually becomes doing billions of dollars in sales, building and growing and selling |
1:43.8 | multiple companies, doing six figures over and over again month after month, doing hundreds |
1:49.2 | and hundreds of real estate transactions over 3,000, I think doors over his time. So the |
1:52.9 | guy's just a workhorse. He does everything the right way. He does it with the right |
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