Private Money Lending is a comprehensive book that details the different ways someone could make money from their investment in private money lending. What were some key ideas you wanted to pursue in this book?
Every investor should know that learning to generate a consistent, substantial, and predictable passive income stream sufficient to cover your total monthly expenses is the ultimate goal for anyone who wants to retire early. In fact, creating a safe and consistent passive income stream is considered the ” Holy Grail” of personal finance.
My objective in writing this book was to present to potential readers the existence of a little-known but crucial area of investing. This area of investing is private mortgage investing. What makes this investment vehicle safe is the fact that the investment is guaranteed by a tangible asset, brick, and mortar, such as a house or a commercial building.
Under a worth case scenario, a real estate tangible asset will always retain a certain amount of value, which it’s something that can’t be said for stock market correlated investments that can simply evaporate overnight based on bad news. Therefore, the important aspect of investing in private mortgages is that it is a non-correlated market investment that works under all market condition.
Private Money Lending is the only book on this topic that is based on a university-level qualitative research study. The study demonstrated the power that private mortgage investing has in generating a safe, substantial, and consistent passive cash flow under any market condition. This investment can generate a 9%-12% return on investment (ROI) safely in addition to providing all the legal protections a first mortgage provides banks.
Typically, investors learn about this investment vehicle by happenstance; that is, by knowing someone who is a private lender and understands all the nuances of this type of investment and who is willing to teach someone else the concept. Private mortgage investing is an especially useful investment vehicle in low-interest rate environments, such as the current market we have been experiencing for the past 12 years, where you can only receive 2%-2.5% for a 1-2 years CD and 3% for a 5-10 years CD. These low-interest rate environments are always devastating for the retired or soon to be retired individuals living on a fixed income. There needs to be a safe alternative, and private mortgage investing meets this requisite.
I believe that with the use of the book Private Money Lending: Learn How to Consistently Generate a Passive Income Stream as a guide any potential investor will no longer have to learn about this investment vehicle by happenstance.
What is your experience in this field and how has that helped you write this book?
I learned about private mortgage investing by happenstance like most people back in 1992. Thus, since 1992 (27 years) I’ve been safely investing in private mortgages, specifically in commercial and residential non-owner-occupied properties. As a result of learning about this investment vehicle, I no longer invest in the stock market because I can safely and consistently generate double-digit returns with a higher degree of safety.
There are many different investment opportunities out there, why did you want to write about private money lending?
I wanted to write about private money lending with an emphasis on private mortgages because I believe this is an investment vehicle that can generate the necessary cash flow to sustain a comfortable retirement with much less volatility and risk than with stock market correlated investments.
Yes, there are many different investment opportunities in the market, however, the majority carry too much risk. At least for my taste. The approach I use in this book was to first describe the advantages and disadvantages of the majority of available market investments before making the case of why I consider private mortgage lending a superior investment vehicle.
If you are an investor searching for a safer way to invest you should ask yourself three questions:
- Would you like to generate a passive and meaningful income stream in all market conditions?
- Would you like to generate this income stream consistently?
- Would you like an alternative with less risk than investments subjected to the volatility of the stock market?
If your answer to at least one of the three questions is “yes,” then reading this book will not be a waste of time or financial resources for you. In fact, learning about this investment strategy will change your financial life for the better.
What are some common mistakes investors make when they first start?
For investors entering this industry, the most common mistake is not possessing the necessary education to be safe.
It is important to learn how to perform the necessary due diligence regarding the loans that you will be considering.
It is also important to physically inspect the quality and location of the properties under-consideration to ensure a safe loan. Investors should never make any loan simply because of the high returns they can garner.
- This book is an important and timely research study that explores a little-known area of investing, which is that of private mortgage lending. The reason for undertaking the study was twofold; reason one is because, for the past 15 years, retirement portfolios had been devastated by stock market fluctuations, resulting from a greater prevalence of boom and bust economic cycles. It is quite possible that currently, another bust cycle might be unfolding, in spite of the Trump apparent bull market.
- The second reason is that of the adopted Federal Reserve policy of creating an artificially low-interest rate environment in an attempt to sustain the continued growth of the stock market and support of the current real estate recovery efforts.
- These two economic conditions primarily affect income investors because of the low yields being offered by the customary available fixed-income investments, such as bonds, CD’s, savings, and money market accounts (MMA). The combination of a reduced interest rate environment and increase stock market volatility has dramatically impacted the livelihood of the fixed income investor. Moreover, it has forced these investors to take greater levels of investment risk by incentivizing them to seek higher yields by investing in the stock market; in essence, the place that has created most of their financial problems.
Posted in Interviews
Tags: alibris, author, author life, authors, bank, barnes and noble, book, book club, book geek, book lover, bookaholic, bookbaby, bookblogger, bookbub, bookhaul, bookhub, bookish, bookreads, books of instagram, booksbooksbooks, bookshelf, bookstagram, bookstagramer, bookwitty, bookworks, bookworm, budget, business, currency, ebook, entrepreneur, finance, goodreads, gustavo gomez, ilovebooks, indiebooks, investing, investor, kindle, kobo, literature, money, money market, mortgage, non fiction, nook, novel, passive income, personal finance, Private Money Lending, publishing, read, reader, reading, ROI, shelfari, smashwords, stock market, story, writer, writer community, writing
Private Money Lending: Learn How to Consistently Generate a Passive Income Stream by Gustavo J Gomez, Ph.D. and published by Halo Publishing International is a wonderfully comprehensive book that does well to cover all the various of areas of private money lending that one would need to know to successfully generate a passive income from their investments.
The author of this impressive work, Gustavo J Gomez, Ph.D., has gained notoriety in several fields including medical and business and has successfully brought all his years of experience to the table with Private Money Lending: Learn How to Consistently Generate a Passive Income Stream.
It becomes immediately clear as soon as you open the book that this is not a book meant to be casually read. Although the language used in its writing is accessible, the depth of knowledge within the chapters is nothing short of vast. It is also immediately clear that Gomez wants his reader to understand the entire picture, and not just one small corner of the world of investments. In fact, he gives enough information about the market to help almost anyone see how his unique investment strategy can be applied to almost any scenario.
Gomez begins with a wealth of information relating to investments of all kinds, both liquid and illiquid. He then goes on to both define and describe methods of investing in private mortgages before giving information about legalities surrounding the topic. Any reader of this book, no matter how much previous knowledge they have about the mortgage industry, will gain a comprehensive understanding of all that is involved with private money lending as it applies to the mortgage industry. Among the myriad lessons on the topic, the reader will also learn best practices for maintaining investments in a safe, secure, and legal way once they are set up.
Private Money Lending has won a laundry list of impressive awards due to its excellence, and it is easy to see why. For anyone looking into securing stable, passive income options that work, Private Money Lending: Learn How to Consistently Generate a Passive Income Stream by Gustavo J Gomez, Ph.D. is a must read.
Pages: 375 | ASIN: B00Z8U3FWM
Tags: alibris, author, author life, authors, barnes and noble, book, book club, book geek, book lover, bookaholic, bookbaby, bookblogger, bookbub, bookhaul, bookhub, bookish, bookreads, books of instagram, booksbooksbooks, bookshelf, bookstagram, bookstagramer, bookwitty, bookworks, bookworm, business, ebook, education, entrepreneur, entrepreneurship, finance, goodreads, Gustavo J. Gomez, ilovebooks, income, indiebooks, industries, investment, kindle, kobo, literature, money, nook, novel, Private Money Lending, publishing, read, reader, reading, shelfari, smashwords, story, writer, writer community, writing
In The Decline of Democratic Society in the New Age Giovanni delves deep into the failures of the US government since 2007 and the international effects of these failures. It has been a decade of relentless borrowing to cover ups economic gaps. No real steps have been taken to pull out of this hole.
In these times of confusion over politics, finance, economy, and social status, one needs a guide. Something to help understand the detriment of the decisions made by the governments. There is need for a collective uproar against fascism and other social injustices. This book is an essential tool for the awakening required to start the discussion.
The Decline of Democratic Society in the New Age is a critical analysis riddled with intellectual argument of the world today. It covers every facet of life. There are frequent references to Hitler and his leadership ways. This is meant to illustrate the slow decline into a fascist society where the governments deviate from the responsibility of protection of its people.
Giovanni Soriano does a great job of laying out his ideas and arguments without aggressively pushing his agenda. This book is very thought provoking. One will often find themselves pausing to agree to the ideologies. It is a vast subject matter presented in a simple format that appeals to people in all walks. This book is an eye opener.
If read with an open mind, this short rational analysis of the different societal factors will help start a conversation that is well overdue. The book and ideas presented are controversial and will leave one disconcerted; having had their eyes opened to the realities.
There is a good flow to the book. One will easily glide through the pages. The writing is good and the ideas quite interesting. The language and tone are simple. The author takes on a serious voice, which is apt for such serious matters.
Giovanni opens with some very shocking numbers that effectively communicates the severity of the situation before one has gone any further. The author is well informed and intelligent, which lends depth to his content.
This book is impeccable and the authors passion clearly shows. It is a treat for free thinkers and others who have previously been deaf and blind to the current political and social situations.
Pages: 95 | ASIN: B078NY51G3
Tags: alibris, author, author life, authors, book, book club, book geek, book lover, bookaholic, bookblogger, bookhaul, bookish, books of instagram, booksbooksbooks, bookshelf, bookstagram, bookstagramer, bookworm, democracy, democratic, ebook, economy, finance, giovanni soriano, goodreads, government, history, hitler, ideology, ilovebooks, intellectual, kindle, kobo, literature, modern, nazi, nonfiction, nook, novel, philisophical, politics, publishing, read, reader, reading, republic, shelfari, smashwords, society, story, The Decline of Democratic Society in the New Age, writer, writer community, writing
Secretary of State and State Librarian Recommended children book ” Save That Penny For A Sunny Day”, educates, inspires and introduces youth to understanding entrepreneurship, finances, and budgeting to promote financially healthy youth for generations to come.
Posted in book trailer
Tags: amazon, amazon books, amazon ebook, author, book, books, budget, business, children, ebook, ebooks, educate, education, finance, goodreads, inspiration, inspire, kids, kindle, kindle book, kindle ebook, learning, librarian, literature, money, money management, novel, parent, penny, publishing, reading, Save That Penny For A Sunny Day, school, secretary of state, teacher, writing, Xernona Tolita Woods, YA, young adult