Ep. 244 - He Bought 23 Rentals in One Year With None of His Own Money (Private Lending with Jon Hayes)

<p>One of Jon Hayes&#39; clients bought 23 rental properties in his first year. Not flips — buy and hold, fully rehabbed, built to last. And he didn&#39;t use a dime of his own money to do it.</p><p>Jon is a fourth-generation real estate guy and a private lender who structures deals in two pieces: short-term money to buy and rehab, then long-term financing once the property&#39;s fixed up and rented — so you can refinance out and keep your cash in your pocket. On a $200K rental at 70% loan-to-value, that&#39;s $60,000 in equity created in one deal. Do that 20 times and you&#39;re looking at $1.2 million in equity in a single year.</p><p>We get into how his family&#39;s been doing this since 1988, why he steers people away from flipping and toward buy-and-hold, the renovation mistakes that&#39;ll bite you later (yes, the plumbing), and why building relationships beats knowing everything. If you&#39;ve ever thought you needed a pile of cash to scale a rental portfolio, this episode will change your mind.</p><p><strong>Want to connect with Jon Hayes?</strong> Jon said to text him anytime — he&#39;s genuinely responsive to real investors. Reach him at 502-658-7418 or <a href="mailto:jon@flippinloan.com">jon@flippinloan.com</a>, or check out his site and apply directly at FlippinLoan.com.</p><p><br></p><p>Visit our website at <a href="http://www.truewealthinvestors.com/" target="_blank" rel="ugc noopener noreferrer">www.TrueWealthInvestors.com</a> for more real estate wisdom and resources. <br><strong>More Resources &amp; Links</strong><br>Struggling to get started in Real Estate or feel like you are struggling to get to the next level? <a href="https://www.truewealthinvestors.com/videos.html" target="_blank" rel="ugc noopener noreferrer"> Check out this Free Vision Casting Video</a> to help clarify your goals and get specific steps to accomplish them!<br><a href="https://www.truewealthinvestors.com/schedule-a-call.html" target="_blank" rel="ugc noopener noreferrer">Schedule a 30 Minute Discovery Call with Chad</a> <br>Accelerate the growth of your business and reclaim control of your life! Are you tired of your business running you instead of the other way around? It&#39;s easy to get bogged down in the day-to-day operations, making it challenging to identify overarching challenges and solutions. <strong>Let&#39;s schedule a call to gain a strategic 10,000-foot perspective and devise a tailored plan for your success.</strong> Take the first step towards a busi