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Former investment banker turned private lender. Join the newsletter for weekly insights about private credit and how I make hard money loans directly to real estate investors.
Hi Reader, Before we jump into today's topic, I'm excited to share the new Be the Bank site. I ventured into coding this year and developed the site from scratch with Ruby/Rails and TailwindUI. It's pretty simple for now, but I have some fun features planned for the upcoming year. For now, you can revisit older editions of the Be the Bank newsletter. Earlier this year, I wrote about why we're funding more new construction projects, highlighting the surge in such ventures we've financed. This...
Hi Reader, Back in 2007, my foray into retirement investing began with the government's Thrift Savings Plan. By the time I left the service in 2011, I had accumulated a modest portfolio of about $20k — not too shabby considering what they paid us. Since then, I've consistently maxed out my retirement contributions, often taking advantage of company matches to boost growth. My strategy? Predominantly growth stocks, capitalizing on my long investment horizon. This approach has served me well...
Hi Reader, I'm excited to announce that we've finally migrated from our original, in-house-built origination and servicing system to a comprehensive, all-in-one SaaS solution. This marks a new era of efficiency and capability for us. The Power of No-Code Solutions Our initial system, a patchwork of no-code solutions, was nothing short of remarkable. For over three years, it supported us through more than 400 loans, a testament to the capabilities of no-code technologies. (I can code now, but...