EPISODES
Episode 22.
Eddie Wilson, Founder of Empire Operating Model and Owner of American Association of Private Lenders
Entrepreneur, executive and altruist. Eddie Wilson, owner of the American Association of Private Lenders. Most in the space know it is a APL, sat down with me to chat about his serial entrepreneurship the incredibly important work of the a Apl as an advocacy group, and we also chatted about another one of his companies, think realty. Eddie is about as entrenched in the private lending spaces any human being alive. He shared nothing but objective, detailed insights about our space. I learned a ton of hope you do too. Thanks for listening. You’re listening to the real estate of things podcast. Welcome to the real estate of things podcast. I’m your host, Dalton Elliott, joined today by Eddie Wilson. Eddie, thank you for joining. Yeah, glad to be here. So you have, you know, a lot of guests. I can sum up who they are with with one title. If you had to pick one title out of the thousand hats that you wear, what would that be? Eddie Wilson? Yeah, so that’s a tough one. I think we, my branding team, narrowed it down to entrepreneur, executive and altruist. So that’s about the three, you know, categories. I think I I landed. I like it. I’m definitely furthest away from the very last one, so I’m working on it. I’m a pick your brain on that offline a little bit. But you’re the owner of the APL, the American Association of Private Lenders. Spectacular Organization, really the grandfather of advocacy for the private lending world, and it was, I think, the second conference I actually went to in my tenure in this space. I’ve been in private lending for seven years, since I graduated college. Just about first stop off at lemoon capital, and I am in east was the first conference I went to. The second when I went to was APL just because of the timing of the conference circuit. So we’re going to dig into that. But I want to touch on the entrepreneurial background, right. So you have started and owned many, many dozens of companies and as you sit there today I see like a logo behind you that’s not apl logos. So I’m like what, where the world is Eddie? So so where are you right now? Yeah, so this is actually a brand new venture we started six months ago called pro space studios. Think of it typically most of my investing revolves around either technology or real estate. I’M A third generation real estate investor, passionate, can’t you know. I have a hard time turning down a deal. I’m a deal junkie for sure. And this was really I owned a TV studio and we’d read it, we rent it out, but really was looking for ways to maximize my commercial real estate space during covid and it was like how do we find businesses that essentially can withstand the issues of Covid? And I have some commercial holdings and so this is a center unit studio that is for rent by the our influencers used that. Brides use it, photographers, Amazon resellers, you know, all kinds of interesting people. But it’s just a four…
…rent studio. Think of it as an AIRBNB model that they rent it by the hour specific to either videography or cinematography, and the net and cash flow is fantastic on them. So we’re getting ready to build number location, number three and four here pretty soon. That is crazy. Just can you give us a quick spin on the camera you did beforehand? Sure, absolutely so. That that’s the logo and the studio is just basically a big open space, cyc walls, blacksy walls, whiteside walls, led walls and pretty much everything that you would need for production. And so people come in here. We’ve got great lighting packages, camera packages. Of It’s a full sound studio. So we’ve done music videos in here. I don’t know if you have ever heard of Mont you remember Montell Jordan that this is how we do it. Guy, he’s local, so he’s been in here doing some music stuff. It’s just a fun it’s a fun little place too, and it’s right up the street from my house, so I use it as an office half the time when no one else is using it. There you got. I think we’ve kind of unintentionally stumbled upon an incredibly important principle in the real estate investing side, which is you have to be nimble and flexible. Right like everybody was at the quote, a Tyson quote. I think it’s like everybody has a plan until they get punched in the mouth, and covid punched everybody in the mouth. And this is a great example, like where you are right now, a great example of, you know, pivoting, realigning a space to fit what’s working right now. So really good example. So let’s circle back to a APL. How did you go from, you know, serial entrepreneur and start up to saying, look, I want to get deeply intertwined in the APL and eventually to the point where you said I’m just going to own all of it, I’m all in on this, and told walking through that story. Sure, yeah, I can do it pretty quickly. I think I was buying companies, just acquiring companies, investing in companies, and I had invested in a big insurance company and up until two thousand and nineteen I owned eighty six companies that I actually ran concurrently sold seventy six of those in two thousand and nineteen and one of those comies is a big insurance company. And I come from both real estate and banking. That’s my background, grandfather, father, you know. That’s the industry that, you know, is always talked about around the table with me, and the private lending industry was always kind of black mark at the table because I had, you know, grandfather father that was involved in banking, and so they would talk about it like shark loans and these guys that would take advantage of people. Well, it was interesting. As I got into insurance, we built a product that was specific to the real estate investor and realized that half of the loans that were coming across our table were really private loans. There were loans or either being originated by these hard money companies, and we don’t typically use that term anymore because it’s really not hard money, it’s easy money, or people that let we’re lending out of their selfdirected iarry or something like that. And my business partner there, he had was a part of the foundation of American Association Right Lenders. There was about six or seven guys that founded it…
…in the very early days and and just along that process I began to fall in love with that that space. It was a space that was so underserved and it made the real estate side of my life happen at a much more rapid pace without the constraint of the conventional banking system. The conventional banking system isn’t built for investors, it’s built for retail users and and so you want to go get a home mortgage, they’ve built an entire system out for that. You want to bring in a hairy real estate deal that’s got six or seven twist in the middle of it, you know the bank really has a hard time getting involved in that, either from regulation or, you know, from a liability concern. So, you know, for me I started seeing how the private lending industry and the real estate industry just went hand in hand. And then, you know, the recession happened in two thousand, you know, nine, two thousand and ten, and there was this massive vacuum that was created that really the private lending industry filled and gave opportunity to investors to continue that growth. And I saw it in my own family and friends where maybe their banking relationships are failing because the recession, they still had huge opportunity and really garnered huge wealth because of the private capital. I saw how that work hand in hand and it really went from, in my mind, the shark loans and the hard money to what I believe now is just this private stream of capital that’s looking for opportunity. It’s opportunistic and it’s very much win win associated. And so, anyways, and then, you know, after the recession there’s a lot of people that had damaged credit struggled to really find the capital to keep investing and even though they were community builders, they were hindered from building those communities and so the private lending industry really jumped in because a lot of the loans, you know, back on that day, we’re specifically asset base loans and asset base lending and they’ve really filled a gap. So when the opportunity came to purchase, I was a small minority owner an apl through some and other other investment practices, but then when the majority owners decided they were going to sell off, I decided to take it, not because it’s really been a financial center for me, but because I really believe in the power of the industry and I really felt like if we could put a parenthesis around it and package it better, you know, whether by perception or by marketing an opportunity either to Wall Street or to DC or two main street investors, that it really was there and service to need and that needs the American dream. These people are out there searching for these opportunities and without the private lending industry it just really doesn’t happen for many people. So I think that as a whole it really provided this great opportunity and so I decided to go all in and really build out this American Association Private Lender Group specific to just continue to build the industry. Yeah, you you touched on something there, the hard money versus private lending. All right, even two thousand and fifteen, when I came into the space, hard money was still the term that was used. We considered ourselves. We still called ourselves hard money, right, and you know, at the day job firm. But…
…there was an acknowledgement that there’s a difference between us and the traditional hard money lenders and thankfully, I think, the more forward thinking, above board Straut of the industry, most of the industry has really bought into an adopted the private lening piece. But that’s part of a transformation and it’s it’s super exciting time to be part of this industry. It really is kind of like vt whenever really the rockets get blasted. You look at institutional capital that has flown into this space. You know really over the last five to seven years that if you go back ten, twenty years, it’s exponentially more fragmented of a space. You didn’t have lenders like us. And go down the list of, you know, handful of lenders in the space that are doing one, two, three billion dollars a year and then so many groups doing that five hundred billion and many groups working their way towards being large nationwide lenders. And so much that’s because of the institutional capital flowing in and the acknowledgement that hey, we as an industry, we have to be above board. We have to we can’t be sharkish. The goal should be putting money on the street that comes back to you with a reasonable return, not putting money down on a deal and saying this thing is absolutely going to fail and the wheels are going to fall off in the next few months and this is going to be our, you know, South Beach Company Condo, because we’re going to foreclose on this thing and take it back. So on that piece, really walk me through kind of the mission purpose and activity around Apl as an advocacy arm. Sure. Yeah, we decided a few years back, as I took majority ownership, that we were going to go down this path of agg advocacy and education ethics where we were going to make sure that we held an ethical standard inside of our community. Every person that joins signs a commitment towards this ethics that we haul hold and we have an ethics committee that ethics violations get brought in front of and we may revoke membership. I think we revoked one or two memberships last year just because of on ethical practices. But then education, yes, both to the lender but also to the community and the the grouping around us at large. So whether that’s investors or Wall Street or even, you know, DC, and we spend a lot of time in DC educating our legislators as to how we fill gaps in things such as blighted communities or, you know, affordable housing. We really step in where others can’t, and so we’re all constantly educating. And then the last pieces advocacy. We do not take a strong armed approach to our legislators. And here’s the reason why. Back when we actually, you know, we’re making this decision, it really was one or two directions. It was like, do we go to this path of lobbying and being a lobbyist, or do we go more advocacy and education? And at that point I think we did a study…
…and there was right around five or six thousand private lenders in the country that we’re doing it as an active business model. More that what you’re talking about, like this this institutionalization of this industry, and there’s only five or six thousand people, and so we thought, you know, if we signed up all five thousand people, they’re still not enough money to make a dent because typically our interests are not aligned with interest such as no are the National Association realders or the Mortgage Association or even groups like Narp them. Sometimes we’re on the opposite side of the fences them. And we didn’t have the capital to fight them. We didn’t have, you know, the big dollars that they had, and so what we had to do is go in from a very different, you know, grass roots approach to advocacy and build relationships. You know, things like we fought licensure in the state of Florida four times, where the state of Florida was trying to license and typically that was driven by the mortgage association trying to license anyone that lended. Now that that was it was so finite in their details. One year that it came up, it was if you lent twenty fivezero dollars or more, even out of your self directed IRA, you not only had to have a license but yet have a brick and mortar. That’s how tight this legislation was that they were writing well I built a great relationship with Governor Scott and went and had dinner with him explain to him what happened. He said, Eddie, if this gets all the way to the place where where I have to veto it, all, veto it. And it did. It went all the way to the very last second. We were kind of crossing our fingers, going, man, I hope, I hope these relationships payoff, and he vetoed it. He actually vetoed it. It, he vetoed it two times at a row. Then he moved out of office and we had to go to Tallahassee and fight it, and we did fight it, but we fought it from a very educational standpoint, explaining to them time and time and time again, this is the capital you’re removing from the market place. Let me show you example after example after example of House and community that’s been rebuilt on private capital. And this isn’t some mom and pop that’s being taken advantage of. This oftentimes is Wall Street downstream. This trying to, you know, get money into the market place, to find decent yield, and it’s a partnership towards these businesses that are willing to pick up the hammer and and shovel and make these properties valuable again, and so showing them over and over and over again, we’ve been able to defeat that four different times this advocacy approach. If you look at the SEC law on the new accreditation standards and the new accreditation law that was written and modified just year and a half ago, where the only credible witness that’s cited in there? I think it’s page sixty two or sixty eight. When we talk about the actual like sophistication of the loan are of the investor. The American Association private lenders is listed in there. Is the credible witness that brought all of that, the new terminology, to the table. We did that because we’ve built big relationships. This month we’ve been sitting down with regulatory boards, you know, Hummeda, and explaining, look, every form you asked us to fill out, that we’re loaning to businesses like and so when you ask us what gender is this Barrower, it makes no sense…
…because we’re lending it to an LLC. There is no gender to this LLC. That we’re being put under these really interesting constraints, and so APL is really done a great job and I’m not saying that there are other groups out there that aren’t doing equally as good or that shouldn’t take the lobbyist approach. As we’ve grown in Wall Street has interest now. I don’t think that there’s not. I think there’s plenty of room for a lobbyist today. But today we’ve already built those deep relationships of an advocacy approach that it really opens the doors for us to go in and behind the scenes have conversations with Tim Scott about opportunity zones or, you know, Governor Scott in Florida, you know previously about license licensing, or I spent, you know, time in New York with the governor. They’re talking about this this tax that they were trying to put on top of flippers. So we just take that approach and feel like that’s been the most effective way for us to be to be effective for our constituents. Yeah, I love the rundown and you cited a bunch of really prime examples. If I could play devil’s advocate for the set for a second, right on the licensure piece, and if someone said, well, like, what’s the big hassle about getting license? Doesn’t that good to have that type of regulatory flavor. Does it really hurt anyone? What’s the thought in response there? Yeah, because this in this tree is built to try to get capital as quickly as possible into the hands of those people who can do the most impactful work with it. The last you want to do is put constant, you know, rapids in this river, and it’s one more rapid right. And so, for instance, there was I think the study that we did showed it was hundreds and hundreds of millions. I think it was close to nine hundred million dollars that came into real estate development through IRA investments. So this is somebody in their self directed IRA that’s investing right, but it’s looked at as a loan. They’re lending, you know, to someone else to take their capital for a good way to return. So it hurts multiple people. Number One, it hurts the community that has this House that’s blighted, that now doesn’t have a reperforming asset, that reperforming assets paying taxes, it’s giving a good home to a family. But then now upstream from that, it hurt the investor because he makes a living off of essentially reperforming those houses the community. Then that you know is building the houses, the contractor subcontractors. But then go all the way to the person who is the retiree who doesn’t quite have enough for retirement and they’re constantly working their selfdirected IRA a capital to make sure they’re getting more returned because maybe Wall Street isn’t performing for them. And so it hurts this whole stream of people and that nine hundred million dollars it was coming from self directed Iras, it doesn’t even you know, it pales in comparison to that entire stream of capital that’s coming. And so you know the mortgage industry has a very specific interest and when you have one party, you know fairness is oftentimes equality between two parties when…
…both win. You know, the Mortgage Association was pushing this and the narrative that we are pushing is is that you’re actually creating a nonfair environment to both parties and one now has monopoly and an area, and yet you’re forced through this channel. And so by nature, when you’re forcing people through monopolized process, you’re actually anti capitalism. Capitalism says the best capital, the best money, the best process, it wins and it makes it to main street. And so when you constantly restrict you are pushing back those capitalistic principles that our nation was founded on that allow business to happen. And that’s one example. I could probably go on all day on that one just because we spent so much time in Washington fighting this. These no salient points, for sure. So so what? What would you peg as the single biggest kind of landmine in the future of the private lending space? What keeps you up at night when you think about it? Yeah, you know, I think that capital always finds a way to the deal. I actually feel like I feel so barish on the lending industry as a whole because I think, you know, the conventional lending space, they’re going to get some mortgage increases here in the near future. It’s inevitable. The federal reserves already said probably three increases of maybe a quarter percent each. So you know, what happens is is this Wall Street money that’s been infused into our space, that’s sophisticated and savvy looking for a return, is going to find additional opportunity. The gap and the the the I think the gap is going to widen for the private lending industry. But I think as far as like land mines. I think it surrounds restrictive legislation specific to how that capital, you know, is it finds a home, and it’s weird. It’s a weird areas, you know, such as taxation, additional taxation on capital that’s going to properties that aren’t owner occupied. There’s a lot of legislation out there on the build to rent communities that’s being written today that they really don’t want these massive aggregations of build to rent communities, and so I think that could stunt some of that capital moving in. And then maybe another big one is just affordable housing. The government’s misunderstanding of affordable housing is quite staggering because they look at us as anti housing because they think we’re increasing the values, which prevent more people from getting in. The issue is is that oftentimes we’re reperforming an asset that has no tenant anyways, you know. So it’s really difficult. And then right now, and in a market like this, a lot of the reperformance is going straight back into retail on an asset that didn’t exist and with, you know, six million homes on being six million homes under built today in the United States. It’s like there’s not enough assets being put back into the market. We’re we’re in. In many cases, the only hope to get more assets in and quickly. Yeah, that the inventory piece right. If if there’s anything I could point my finger to and say look, regardless of most anything that’s out…
…in front for at least the next couple of years, like housing, is going to remain strong because there’s such a supplied demand and balance and we still have the persistence of material and labor shortages, like true material material labor shortages that I think most investors that I speak with are expecting the same types of shortages and issues in two thousand and twenty two that they had in two thousand and twenty one. There’s no expectation of great relief around it and anything relief wise perhaps will be off set by the increase in prices, you know, whether it’s material or Labor which paying for. So, yeah, I share that kind of bullish view and that was a good breakdown of really a couple of contrasts between, you know, private lending, non owner occupied interests, and the forward Reis e side of the fence, which is the massive beasts, eight hundred pound guerrilla in the mortgage industry. And before I got into this space on the lending side of the fence, I did not truly appreciate that there was a difference between the two. You know, I thought the mortgage industry was the mortgage industry, getting a mortgage was a mortgage, and in a lot of ways could not be further from the truth. And unfortunately, to speak to that, unfortunately, Wall Street does understand and the difference today, but unfortunately DC still in many cases does not. You know, we’re regulated and one of the same, and that’s why a group like this is just so vital to our our efficacy. Yeah, it’s kind of a double edged sword. They’re right. In general, the larger and industry gets, the more scrutiny it’s going to get. Right. Yeah, so you have we, we as an industry, of convinced the Wall Street world that Hey, this is this is a viable field to play in. And a handful of years ago that there was no meaningful thought around that. And what do you think? You know, how how does that balance play out? Like what you go years down the road? The industry gets bigger, it’s going to get more eyes on it from from a regulatory standpoint. How, and that that’s that’s kind of counter to the direction it should go, because he said this is business purpose lending. We’re not lending to Dalton Elliott, we’re lending to, you know, Elliott Enterprise LLC. Is it just the continuous battle and advocacy efforts of groups like the APL that that recognized early on that this kind of rain and then storms out in front of us and we just have to forge ahead? Is that? I think that’s a mechanism that we can use to stave off some of it. I don’t know that that’s the sum of all that needs to happen. Self regulation is always the best regulation, and where there’s no self regulation, than the government always feels the need to step in. I think because we have and ethics committee, we do have a we have a GARC, a government relations committee, we do have an education committee. Were constantly in there is advocates explaining here’s our system of ethics, this is what we ask our constituents to adhere to. We’re happy to play on your side of the fence if you need us to and…
…to express to you or to bring, you know, some concern back to this body. And I think that as a minority group or still there’s still a massive disparity between the big conventional lending you know groups and the private lending group, that we’re still not even on the radar yet. And so I think constantly, you know, playing that advocacy role and explaining and educating, let him and know, hey, we are self regulated, this is what we’re doing a help stave some of that off. In the end, regulation is inevitable when there is growth if we’re above board and we played the advocacy role right, and that’s why I like playing the carrot over the stick. Sometimes the lobbyist approach is a stick and oftentimes, you know, I sat on a subcommittee for finance and anytime someone said in a lobbyist, when the lobbyists would leave the room, the legislators would say things like this. What do you think they’re hiding? Because they wouldn’t be paying for a lobbyist if there’s nothing to hide. So maybe we should dig into it, as opposed to an advocacy group like us, where we walk in and we go we’re open book. What do you want to talk about? Like, where do you wants to go do research for you? How about we do a data pull on exactly what you’re asking. You know, we have an entire data program at a if yea where we pull our lenders and feed it back to DC. So when they say we’re not really sure about this, will say, Hey, well, we’ll go get the data for you, and so it’s, you know, a really interesting approach. I feel like we’re holding it off. Inevitably it’s going to come. If we have deep enough relationships and we can keep, you know, going down that path of relationship, I think we can massage it down a path that that is beneficial for all. Will Never, you know, resist regulation forever. It’s coming. As we grow in, Wall Street gets more involved and our industry is known more and more, so that the average hedge fund and grouping around this looking for return. Regulation will come. However, if we build deep enough relationships, we can create the narrative to make sure the legislation is something we can live with. Yeah, the very common sense but proactive approach for the APL, for sure. I want to save some time to talk about think realty. Okay, so I you know I know of you through the APL as a massive everybody in this space news a the APL. Everybody also knows about think realty. I didn’t know that any Wilson was the connecting glue there. So give me the rundown on think realty. And what do y’all see in you know, you mentioned data through the APL. Right, just what having so much information through the think realty line? What’s on the OS radar for two thousand and twenty two? Sure, yeah, so think reality is just a real estate media platform. We founded it in two thousand and fifteen. I’m the founder of that, and it was just no one was aggregating the real estate investor. You had groups out there, bigger pockets others that really had a good hold on it, but AUCTIONCOM groups like that. They had massive…
…data but no one had really aggregated it, and so that was think realities mission was to aggregate them by education and providing discounts and opportunities to them, and so we have. We have aggregated a lot of the industry. I’ve got a built about a million people that touch that platform every single month. Their real estate investors and by and large these are mom and pop investors one and twenty five units. You’ve got some multi family and some bigger guys in there. That have grown, but it really is the main street real estate investor and to that grouping we pull a lot of data. We spend a lot of time with economist, a lot of time with guys like Doug Duncan at fanny may or laurench you and Itrit and our and groups like that, and it really provides that data input that we need to make sure that there’s a real estate and investment group and media platform. They were advising and speaking to the greater whole of what’s going on nationally and I really see massive opportunities still on the horizon and a lot of real estate investors are just pointing their getting more savvy and sophisticated every day, and they’re pointing their capital, sometimes small capital, sometimes large capital. It very big opportunities today. They’re way more sophisticated than they were ten years ago. And so as we look at like regional opportunities, I can’t tell you how many people I’ve talked to are like, you know what I was investing in in New York, I’m moving to Florida. I’ve got twenty deals going on in south Florida. Groups in California moving to Idaho and Texas and Utah and Oregon moving to it’s this amazing flight and we’re getting all kinds of data points on this flight of not just like people moving for jobs or but for opportunity. Real estate investors by the droves just moving. They’ve got enough disposable capital. They’re chasing opportunity and the opportunities are growing exponentially in these in these communities because, you know, because their capital is pushing that opportunity. I’m a huge investor, especially down in south Florida, building lots of houses and the Cape Coral area and lots that I was buying for thirty, forty, fiftyzero dollars. Now I’m getting offers from additional real estate investors for two hundred and Fiftyzero less than a year later. It’s just it’s this crazy exponential growth. The cap rates are amazing and they’re all chasing it and and they show up down there by the droves. And I was just over in Texas and Dallas has best week and tons of investors moving from California. So I think that’s what’s going to be interesting. Is Like I think you can’t really put your thumb on where the activity is going to continue, but you’re seeing these massive spikes and I’m really curious to know how that’s going to affect some of these areas that are having massive flight out of you know, Manhattan just registered one of its largest retail sales quarters and history right. But I know hundreds of real estate investors that have fled the boroughs and are not investing in New York City. So you just wonder, you know, where is all this coming from? And I don’t know what’s going to happen, but when the dust settles, I think you’re going to see massive pockets of growth and I think then you’re going to see areas of blight that just don’t have real estate investors touching them and improving those communities…
…any longer. Yeah, it sounds like an almost inevitable outcome right, and I letting you deep into my soul. I have this bad trait sometimes that when things are going very well, I just can’t sleep at night and I’m like, when is everything going to drop? When is you going to drop wins, everything going to explode? And whenever you say you were buying lots for thirty, forty, fifty a year ago and getting pretty sizeably into the six figures from offers. That makes you scratch my head, but they’re you know, it’s so individualized, market by market, like you can’t make broad strokes. You know this is everything is going to fall apart. There are so many markets that have had rationale and reason behind their growth and appreciation. You’re in Atlanta, Atlanta has no shortage of that. Or like Microsoft building out there. You have really like then whole new version of Hollywood. Hollywood is not is soon not going to be Hollywood anymore. It’s gonna be Atlanta, Georgia, if it isn’t arguably already. So that’s an area where it’s like, you know, we’ve had a bunch of oddness around the real estate with Covid but you can point to so many markets and see you can rationalize the appreciation. Greenville, South Carolina, which is where we’re headquartered and I’m talking to you from right now, same kind of story. Like you. You can rationalize the appreciation. You could see the development downtown. We have a grand Bohemian hotel right on the river, which is big for Little Greenville. So you can look at large groups that are bullish on the development. So I’m I’m interested to see you know and just keep an eye on pockets around the country the next couple of years. It’s just going to be to be fun to watch. So for folks who want to learn more about the APL and the the good work y’all are do and what’s where’s the best place to go? Sure, go to aapl onlinecom. APL onlinecom. We always have a conference in the fall. This year it’s in October. It’s a great place for real estate investors as well as lenders to either find capital, you know the boy capital. It’s just a great market place we turn into, or to find out, you know what, what’s going on with legislation. One thing I would encourage is to go on our website and sign up for the for the constant news letters and Info that we put out specific to legislation. I think everybody should be at least a prize of what’s going on and we do a really great job with our GARC government relations committee searching out opportunities throughout the country and letting people know about it and then really arming them to speak towards these issues, and then sometimes we even call them to go to the State House with us. Beautiful. Yeah, those email updates. I have probably half a dozen I subscribe to and and those help me keep my finger on the pulse what’s going on. So thanks for all the work y’all are doing. Eddie Wilson, let me see if I get it right. Entrepreneur, executive, altruist and ten out of Tim podcast guests. Thank you so much. Thanks for joining, Eddie. Thanks everybody for listening. Take care. Are you a real estate investor looking for the right lender that…
…can finance all your deals and help you scale? Lima one capital has the best suite of loan products in the industry, Barnet. Whether that’s fix and flips, fix and holds, built in new construction or buying rental properties, they have incredible financing solutions for it all. A reliable common since Linder is one of the most important parts of your investment team, and that’s exactly what you get with Lima one. Let Lima one capital show you how they’ve helped thousands of real estate investor scale and increase their well, check out Lima onecom or call eight hundred two five, nine zero five ninety five to speak with the consultant and preparation for your next project. Thank you. For joining us today on the real estate of things podcast. Subscribe and tune in weekly for new content from the industry’s best while we continue to unpack the nuances of this dynamic market. Follow US across social media for additional insights and analysis on the topics covered in each episode, and remember to rate, review and share the show.
The Real Estate of Things 