Alex Breshears is a private money lender, a short-term rental owner, and a manager. She is the LP investor in syndications, private money lending, and much much more.
She started an educational FB group called "Lend to Live" which offers weekly educational lessons, daily posts, and opportunities to network with other private lenders.
We spoke to Alex about private loans, what you can do as a passive investor, and her FB group. LISTEN HERE:
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[00:01 – 07:00] Opening Segment
Alex talks about her background.
How she became a private lender.
She talks about why she is passively investing in real estate.
[07:00 – 16:30] Private Loans 101
The reason why Alex does not invest actively.
Why investing from a distance makes sense.
She talks about some of the key steps when offering a private loan.
The reason why all transactions have to be at the closing table.
The biggest scams in private lending.
[16:30 – 30:35] Education and Passive Investing
The things that sparked Alex to educate other people.
How she formed a FB group with 7k people in it.
Alex talks about how she decided to write a book.
She gets more into detail about the process of writing a book.
How she got into passive investing.
Alex gives some advice for those who are looking to invest privately or as an LP.
[30:35 – 38:10] Round of Insights
Apparent Failure:
Having a long-term rental three thousand miles away.
Digital Resource:
The Hands-Off Investor E-book
Most Recommended Book:
Daily Habit:
Journaling
#1 Insight for Passive Investing:
Don’t fall under thinking that you are a passive investor so you have no control.
Best Place to Grab a Bite in Virginia:
The Metro Diner
Contact Alex:
To join Alex’ private lending group on facebook click here. Check out Alex on Linkedin. Alex’s book will come out on Bigger Pockets Publishing.
Tweetable Quotes:
“I am doing this. I’ve done this. It’s already predetermined. Let’s go.” - Alex Breshears
“I think the people who are very successful and very happy are the ones who bring others along for the ride.” - Alex Breshears
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