JF3167: How Lucrative is Lending? ft. Tim Herriage
The Best Ever CRE Show
Best Ever CRE
4.8 • 983 Ratings
🗓️ 7 May 2023
⏱️ 37 minutes
🧾️ Download transcript
Summary
Tim Herriage is executive director at RCN Capital, a leading nationwide lender for real estate investments. In this episode, Tim discusses how to improve your chances of getting capital, how to be profitable in the lending business, and how to build a legacy by tracking net worth vs. cashflow.
Tim Herriage | Real Estate Background
- Executive director at RCN Capital
- Portfolio:
- 7,000 loans per year across 45 states
- Based in: South Windsor, CT
- Say hi to him at:
- Best Ever Book: Start with Why by Simon Sinek
- Greatest Lesson: Do one more, no matter what it is. If I had just kept one more home per year, it would be about $10 million more in net worth. Start keeping assets now, and let time do its thing.
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Transcript
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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 consider any investment or course of action. |
| 1:18.0 | For more information go to best ever show.com. |
| 1:22.0 | Wherever you're at, challenge yourself to do one more. |
| 1:25.0 | Not one more door. |
| 1:26.0 | I don't believe in doors. |
| 1:27.0 | But yeah, I mean, my best advice is start keeping assets now and keep more than you think is possible and let time do its thing. |
| 1:35.6 | Welcome to the best ever show, the world's longest running daily commercial real |
| 1:39.9 | estate podcast. Our hosts interview commercial real estate experts every day to get you |
| 1:45.3 | the best advice ever with none of the fluffy stuff. |
| 1:48.3 | Hello best ever listeners. Welcome to the best real estate investing advice ever show. |
| 1:53.8 | I'm Ash Patel and I'm with today's guest Tim Harrage. |
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