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8 contributions to Private Real Estate Lending
Underwriting!
What is underwriting? The most important thing for a lender is to make sure they get all their money back. The second most important thing is to make the best return on their money. It is crucial to figure out what the property you are lending on is worth as-is in order to know the most you can lend on it and be safe. Comment here how comfortable you feel right now 1-10 on your underwriting skills. 1 being brand newbie and 10 being GENIUS level. 🚩DO NOT START LENDING UNLESS YOU FIRST UNDERSTAND HOW TO UNDERWRITE! 🚩
5 likes β€’ Sep '24
Following up on this from the other day: I had the opportunity to walk a 96 acre $2.9 million property in Hawaii with Jason Park. The owners run a wellness retreat on the property, but since Covid have been out of business. When you look at underwriting this property, the fundamentals are the exact same in terms of the figures you’re looking for, but the complexity in the nuance of the add up go along way. Especially when you’re looking at something that needs upwards of $2 million to get operational again. Anyways, just thought I’d share my experience from today and how it tied into my post.
2 likes β€’ Sep '24
@Alexis Morgan Hey!! I’d love to tell the story and dig in during the Q&AπŸ€žπŸ»πŸ™‚β€β†•οΈ My partners and I focus on commercial and luxury properties on the west coast βœ…
Hello, my name is Jack!
Hey everybody, my name is Jack Hilbun. I'm a real estate entrepreneur and member of the Gator community. I'm a 22 year old college student and business owner and I'm passionate about holistic growth, networking within the real estate and capital market industries. I have a four year background in cryptocurrency, investing in startups, NFTs, Trading, and High Impact Networking. - I am from the greater Seattle area, for those of you in that bubble, I am a Redmond/Woodinville native - Out of this group, I would like to get an intimate network of passionate and motivated real estate investors looking to build and scale their real estate businesses. Simpley put, i'm looking to fund deals. - Passive income goal is ambitious for 22 years old, but it is $100,000 a month. Shoot for the stars land on the moon. - I'm looking to begin lending because it's an excellent entry point to the capital markets and the overall interplay of that industry. Quite frankly, I'm looking to build something massive. I'm looking forward to getting to know everyone in here, I'm super excited for this community, and I am confident in Alexis ability to make this a captivating and valuable spot. If anyone is interested, interested in connecting please send me a text me at: 425-922-3245 or hit me up on Facebook: https://www.facebook.com/jack.hilbun.rei/
Hello, my name is Jack!
1 like β€’ Sep '24
@Alexis Morgan Great to meet you too, Alexis! Thanks for putting this space together. I'm excited to be apart of its growth.
0 likes β€’ Sep '24
@Anneta Adams Heyliger Thank you Anneta! We will be in touch 🀩πŸ”₯
Greetings All!
I'm Tre Moore; Project Manager, Investor, Gator-PML and Credit Sponsor/Partner. 1. I am based in the Richmond VA area with ties to Charlotte NC and New Orleans LA.Β  2. I hope to gain meaningful connections and learn more about Private Lending 3. My initial passive income goal is 10k/month 4. I want my money to work for me and provide larger returns than what is offered in the stock market. Lets Connect: https://blinq.me/F3vxkPfXg5ci?bs=db
2 likes β€’ Sep '24
Hey Tre!! Just wanted to say it's nice to meet you and I'm looking forward to connecting & growing together πŸ€™πŸ”₯🐊
Introductions:
Hi Alexis and group! I'm excited to be part of this group and wanted to introduce myself! I am a PML, Elite Gator, and soon-to-be Unicorn RE Agent in the Austin / San Antonio / Texas Hill Country market. I have rolled over a previous employer's 401(k), earning 4-5% returns on mutual funds, into a self-directed Solo K, passively earning double digit returns backed by real estate. I want to learn how to help other business professionals do the same. As I near early retirement from a career in the financial services industry, I want to grow a lending business that provides me the flexibility Alexis mentioned, while growing generational wealth. Am happy to be learning from the best and look forward to getting to know you all!
3 likes β€’ Sep '24
Keep Killing It, Stacy!! So happy you're in the group & excited to see you grow into the Unicorn Agent role down there in Texas ✨🀠 I'm gonna be coming down to take over ATX with you!!!
Great to have a PML group
Thank you for setting up a community for lending. There is always things we can learn. I am a PML and new Gator in southeast Michigan, mainly Oakland and Macomb counties.. Can be boots on the ground for you but am not familiar with most Detroit neighborhoods. You really need to know them by street, by block.
1 like β€’ Sep '24
Hey Ed, thats super useful! Thanks for the introduction :)
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Jack Hilbun
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@jack-hilbun-9754
Operator Network [verum] βš”οΈπŸ‘οΈβ€πŸ—¨οΈ Raising Capital [real estate] 🐊 Web3 & AI [consultant] ☀ πŸ‚Ή Sharing Success with those who are ready.

Active 135d ago
Joined Sep 4, 2024
Seattle