3109: Accidental Hard Money Lending by Joel of 5AM Joel on Real Estate Investing Advice

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 15 April 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3109: Joel shares his firsthand experience entering the world of hard money lending, revealing how he turned passive capital into consistent, high-yield returns. With clear explanations and real-life numbers, he demystifies this niche investment strategy while offering practical advice for anyone curious about lending their money wisely. Read along with the original article(s) here: https://5amjoel.com/hard-money-lending/ Quotes to ponder: "Hard money lending is when you loan your personal money to a real estate investor, and you earn monthly interest." "I made $10,000 in 10 months, and I didn’t lift a finger." "This is NOT a get-rich-quick scheme. It’s slow, consistent, and fairly boring." Episode references: BiggerPockets Forums: https://www.biggerpockets.com/forums The Book on Investing In Real Estate with No (and Low) Money Down: https://www.amazon.com/Book-Investing-Real-Estate-Money/dp/1947200976 Hard Money University: https://www.hardmoneyuniversity.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Amazon offers term time working to their employees, like Anton,
0:05.0	who's home to look after his daughters during their holidays.
0:10.0	Hello!
0:11.0	To him, this is the best sound in the world.
0:13.0	Daddy!
0:14.0	Actually, maybe that's the best sound of all.
0:23.2	Now that's term time working.
0:24.6	Offered at Amazon.
0:26.9	Ten weeks off guaranteed per year.
0:29.1	Mix of paid holiday and unpaid time off.
0:29.9	Conditions apply.
0:31.7	Hi, I'm here for the interview.
0:34.4	Ah, now, this would be the pre-pre-interview.
0:35.5	I'm sorry?
0:39.0	You see, we need to make sure we have the right candidates to take part in the next stages.
0:40.2	Oh, how many stages?
0:43.7	Well, there's the pre-interview, working chemistry, the actual interview,
0:45.1	and then, of course, the bleep test.
0:47.3	For the part-time barista job?
0:48.0	That's right, yeah.
0:49.8	What a load of malarkey.
0:56.0	Smarty keeps things simple, like 80 gigabytes for 10 pounds a month with no annual price rises. Less malarkey, more Smarty. Search Smarty Mobile.
	...

Transcript will be available on the free plan in 16 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.