JF3032: The Benefits of Hard Money Lending ft. Derek Dombeck
The Best Ever CRE Show
Best Ever CRE
4.8 • 983 Ratings
🗓️ 23 December 2022
⏱️ 30 minutes
🧾️ Download transcript
Summary
Derek Dombeck is the co-owner of Best REI Funding, a private money lending company. In this episode, he shares how he reinvented himself and his business after losing everything in the Great Recession, why he’s not a fan of banks, and how working alongside borrowers as a financial partner has helped him maintain a low default rate.
Derek Dombeck | Real Estate Background
- Co-owner of Best REI Funding, a private money lending company.
- Portfolio:
- Two mineral quarries
- Several residential complexes
- Based in: Green Bay, WI
- Say hi to him at:
- Best Ever Book: Rocket Fuel by Gino Wickman and Mark C. Winters
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Transcript
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| 0:00.0 | Did you know that within a decade women will hold $30 trillion in investable assets? |
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| 1:05.0 | Quick disclaimer, the views and opinions expressed in this podcast are provided for |
| 1:09.0 | informational purposes only and should not be construed as an offer to buy or sell any securities or to make or |
| 1:15.5 | consider any investment or course of action. For more information go to Best Ever Show. |
| 1:21.8 | I have nothing against Banks. I just don't like the control that we give banks over our businesses. |
| 1:30.0 | And it's one of the main reasons that we only deal at least for right now with |
| 1:35.7 | individuals and people that we can have real conversations with in our lending |
| 1:40.7 | business and our real estate business. |
| 1:42.1 | Welcome to the best ever show, the world's longest running daily commercial real estate |
| 1:47.0 | podcast. |
| 1:48.0 | Our hosts interview commercial real estate experts every day to get you the best advice ever with none of the |
| 1:54.2 | fluffy stuff. Best ever listeners welcome to the best real estate investing |
| 1:58.0 | advice ever show I'm Slocum Reed and I'm here with Derek Dom Beck. Derek is joining us from Green Bay, Wisconsin. |
... |
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