JF3167: How Lucrative is Lending? ft. Tim Herriage

<p>Tim Herriage is executive director at RCN Capital, a leading nationwide lender for real estate investments. In this episode, Tim discusses how to improve your chances of getting capital, how to be profitable in the lending business, and how to build a legacy by tracking net worth vs. cashflow.</p> <p> </p> <p> </p> <h2>Tim Herriage | Real Estate Background</h2> <ul> <li>Executive director at RCN Capital</li> <li>Portfolio: <ul> <li>7,000 loans per year across 45 states</li> </ul> </li> <li>Based in: South Windsor, CT</li> <li>Say hi to him at:  <ul> <li><a href="http://timherriage.com" target="_blank" rel= "noopener">timherriage.com</a></li> </ul> </li> </ul> <ul> <li>Best Ever Book: <a style="font-style: italic;" href= "https://www.amazon.com/Start-Why-Leaders-Inspire-Everyone/dp/1591846447" target="_blank" rel="noopener">Start with Why</a> by Simon Sinek</li> <li>Greatest Lesson: Do one more, no matter what it is. If I had just kept one more home per year, it would be about $10 million more in net worth. Start keeping assets now, and let time do its thing.</li> </ul> <p> </p> <p><strong>Click here to learn more about our sponsors:</strong></p> <p><a href="https://www.multifamilyinvestornation.com/mfincon-1" target="_blank" rel="noopener">MFINCON</a></p> <p><a href="https://capital.thebamcompanies.com/" target="_blank" rel="noopener">BAM CAPITAL</a></p> <p><a href="https://dealmakerliveevent.com/" target="_blank" rel= "noopener">DEAL MAKER LIVE</a></p>