The real estate investing landscape is a mess right now.  Real estate investors who were going heavy during the Covid era, enjoying low interest rates, are struggling to keep their doors open and wondering what's next.

But not everyone. Some investors are looking at this market as a buying opportunity. In this episode, you'll meet Chris Lopez, co-founder of Property Llama.

He spotted an opportunity most investors miss: to switch to the credit side for the best risk-adjusted returns. You'll get the story behind the switch, what he's seeing in the real estate market, and how they run their private lending fund for consistent returns to real estate investors.

What You'll Discover In This Episode

• The real estate 'debt cliff' and why Lopez is glad he switched to lending

• How lending avoids the gap between pro forma and reality

• Why real estate gives you an edge you'll never get from stocks

• How lending's risk-adjusted returns stay so consistent through cycles

• Why Chris will work with a lender with 9 months experience…but won't touch an operator at that level

• How SPVs can actually pay lenders more than investing with the operator directly

About the Guest

Chris Lopez is a real estate investor with over 20 years of experience, from owning a single property to facilitating more than $300 million in transactions for his clients. He is the co-founder of Property Llama, a platform that helps investors track and optimize the performance of their rental portfolios, and Property Llama Capital.

Chris co-hosts Passive Pockets and he has shared his strategies on the BiggerPockets media network and other real estate podcasts. Connect with him on LinkedIn.

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is the founder of The Money School™ and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans, delivering the financial knowledge that fuels lasting freedom.

Resources

Private Money Guide: https://go.moneyschoolrei.com/book-podcast

Wealth Wednesday Webinar: https://go.moneyschoolrei.com/wednesday-webinar-podcast

Mapping out the Millionaire Mystery: https://go.moneyschoolrei.com/newbook-podcast

Self-storage gets a lot of attention, but is it true passive income?

Neil Henderson says passive income is a spectrum. And he's absolutely right.

As head of Investor Relations at Nomad Capital, and host of Road to Family Freedom podcast, Neil's team is doing the daily work that puts their investors further on the passive end of the spectrum. He joined me to share the reality of investing in self-storage and his definition of financial freedom.

What You'll Discover In This Episode

• How 17 years of 'silver handcuffs' pushed Neil into real estate

• The sales pitch of passive income vs the reality of being a landlord

• Why we walked away from a 90+ door apartment portfolio

• The one factor that has strangled self-storage for the last few years

• The sweet spot a self-storage facility must hit to be profitable

• Why you should renovate a vacant K-Mart before building new

• The big opportunity in self-storage in the next 1-2 years

About the Guest

Neil Henderson, General Partner & Investor Relations at Nomad Capital

Neil joined Nomad Capital to help others realize financial and location independence. He has been a part of over $25 million of commercial real estate transactions. In addition to his work with Nomad Capital, Neil created The Road to Family Freedom podcast to teach busy people with families how to achieve financial and location independence through real estate investing. His prior experience in real estate includes raising capital for apartment syndications and owning and operating one of the highest-rated short-term rental listings in Las Vegas.

Learn more about Nomad Capital, check out Neil's podcast, or connect with Neil on LinkedIn.

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is the founder of The Money School™ and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans, delivering the financial knowledge that fuels lasting freedom.

Resources

Private Money Guide: https://go.moneyschoolrei.com/book-podcast

Wealth Wednesday Webinar: https://go.moneyschoolrei.com/wednesday-webinar-podcast

Mapping out the Millionaire Mystery: https://go.moneyschoolrei.com/newbook-podcast

What's the near future of private credit and where are we in the consumer credit cycle? Should individual investors look to private credit as an investment vehicle?

Vervent founder and CEO David Johnson is one of the best people to ask, as Vervent helps rescue distressed loan portfolios.

David is also a high school dropout who went on to a Stanford MBA and stints at Bain and McKinsey before building Vervent into a $165 billion AUM platform.

In this conversation, we dive into the signals David is seeing in the credit market, and what inspired him to write his new book, Figure It the F*ck Out.

What You'll Discover In This Episode

• The K-shape of the credit market & how it decides which credit cards survive

• Why David advises against private credit for the individual investor

• The dynamics behind Tricolor's historically huge Chapter 7 bankruptcy

• How securitization adds both liquidity & risk

• What he sees in leadership today that inspired his new book

Click here to pre-order David's book, Figure It the F*ck Out.

About the Guest

David J. Johnson is CEO of Vervent, one of the country's most trusted consumer credit infrastructure platforms, where he brings decades of experience at the intersection of capital markets, operations, and credit. Under his leadership, Vervent has grown into a $150B+ AUM platform serving top banks, asset managers, and specialty lenders across loan servicing, credit card and lease management, backup servicing, and capital markets support. Earlier in his career, he advised global firms on operational strategy at McKinsey & Company and Bain & Company.

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is the founder of The Money School™ and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans, delivering the financial knowledge that fuels lasting freedom.

Resources

Private Money Guide: https://go.moneyschoolrei.com/book-podcast

Wealth Wednesday Webinar: https://go.moneyschoolrei.com/wednesday-webinar-podcast

Mapping out the Millionaire Mystery: https://go.moneyschoolrei.com/newbook-podcast