“One of the best kept financial Secrets for high volume return on money is Private Hard Money Lending.“
Being a hard moneylender has been one of the best-kept financial secrets ever. It is the only business where you are the bank, and who always makes the money? [The Bank Does!]. Just imagine you are the bank you set the terms.
If you are like most people your situation is something like this. Right now you may have a saving account or a CD setting at bank that you hope will earn interest with time. You would like to save for example to purchase a new car, college education, retirement, new home etc. It would be nice to have the cash to purchase these items without a bank loan or other financing, “cash is king and so is free and clear". You may even want to rollover the saving you have to try create wealth by investing or using your 401K or IRA.
Well that just is not the case; actually you will lose money over time. Current data at the authoring of this article shows the rate of inflation to be [3.01%] and the average CD market rate of 1- year at 1.20% to a 5-year rate of 2.40%. The rate of inflation has you beat!
As far as Wall Street and the stock market goes unless really really trust your broker and do not mind paying his fees or you are well educated in trends, you might as well buy some lottery tickets and keep fingers crossed.
But you need to know there are many ways to earn great returns outside of these avenues. And one of them is Private Hard Money Lending, and to be more precise Commercial Private Hard Money Lending. That’s where you can get the most return in the shortest time with minimum risk because you will only lend [if you’re smart] to cash flowing properties at fraction of there true value and or fully secured by some conventional means.
This is where the real returns are and you do not have to buy some thousand-dollar courses to do it, all you have to do is use common sense, period!
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Ricardo Mendes the Managing Member and Founder of the Columns Fund LLC, is a respected real estate investor and developer. Mr. Mendes has over 15 years of successful real estate experience and has completed many millions of dollars in commercial and residential transactions over the years. You can read more about Mr. Mendes and The Columns Fund at http://thecolumnsfund.us
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