Podcast have been absolutely essential in my growth as an investor. When you reflect back on Robert Kiyosaki’s Cashflow quadrant, he states that the core value of the investor needs to be knowledge. Since you are deploying your hard earned capital, you need to have an adequate understanding of the potential benefits and risks of whatever investment you choose to participate in it.
Podcasts have proven to be superior in terms of the efficient delivery and ultimately consumption of useful investment information-particularly when compared to books and even video in my experience. I often digest an episode during my morning rituals and work commute transforming this otherwise mundane period into prime learning time.
Invest Like a Boss is relatively new on the podcast scene but has quickly shot to the top of my list whenever they release a new episode.
Dr. Kenyon Meadows interviews Bruce Morgan, founder of P2Binvestor, an innovative peer to business platform that allows investors to lend money to small businesses. P2Binvestor does all of the detailed underwriting to select only the most creditworthy small businesses that have growing revenue, and hard assets as collateral. In their 3 years of existence they have had no loss of principal and have produced double digit returns for investors in an asset that is secured and very liquid- an unusual but awesome combination!
For all of the potential downsides of traditional paper assets (volatility, low yields), liquidity isn’t one of them. Liquidity simply refers to how easy it would be to quickly sell an asset to another person if needed. Real estate in general is much more illiquid than paper assets.
This was the first completed private mortgage deal for Meadows Enterprises. In March of 2014 a group of our investors provided a loan of $90,000.00 to a Jacksonville, Fl “turnkey” rental provider. The company handles the acquisition, rehab, tenant placement, and ongoing management of single family rental homes in the Jacksonville area. Most of the client landlords are from out of town and live in regions of the country (New York, San Francisco) where it is difficult to buy a modest sized rental property that cashflows.