Flip Houses Like a Girl

From Sidelines to Success: Kanani shares her experiences becoming a Private Money Lender

• The FlipSisters • Episode 123

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Money shouldn't be what holds you back from flipping houses. That's the powerful message at the heart of this enlightening conversation between Blaire, a Flip Sisters coach, and Kanani, a successful private money lender within the community.

When most people think of private lenders, they imagine wealthy investors with millions at their disposal. Kanani shatters this misconception, revealing how she transformed approximately $300,000 in retirement funds from previous employers into a self-directed IRA specifically for real estate investing. Without touching her family's day-to-day finances or disrupting her fulfilling career, she's funded six house flips across four different states, creating win-win scenarios for both herself and the flippers she partners with.

The conversation takes us through Kanani's journey from retirement account consolidation to her first lending experience during the hectic holiday season. With refreshing honesty, she shares the initial uncertainties, documentation challenges, and relationship-building process that eventually led to multiple successful investments. Particularly illuminating is her explanation of cross-collateralization and how she secures her investments against physical property—a key advantage real estate offers over more speculative investments.

What makes this episode especially valuable is the dual perspective it offers. For those hesitant about house flipping due to financial constraints, it showcases how private money lending makes deals possible. For those with retirement funds seeking better returns than traditional investments, it demonstrates how to put that "monopoly money" to work years before retirement age. The returns? Typically 10-14%, substantially outperforming standard retirement accounts.

Perhaps most powerful is Kanani's candid reflection on investing in herself despite initial skepticism from her spouse. "I wanted to invest in ME," she explains, highlighting how her real estate education has benefited not just her financial future but created opportunities to teach her children about wealth-building while providing tangible benefits for extended family.

Ready to explore how private money lending could transform your house flipping journey or investment strategy? This episode provides the roadmap and inspiration to take that crucial first step.

GOODIES

1. THE book on women flipping houses is here! Click here to grab the digital download of my new book for just $4.99! Just as everything else we do is different, so is FLIPPED: Lessons and Stories of Women Flipping Houses and Facing Their Fears.

2. Sick of sitting on the sideline watching other people do the thing you want to be doing? Are you FINALLY ready to do what it takes to flip your first house and want incredible step-by-step training and support to get you there faster? Click here to see if we may be a fit to work together.

3. Follow That Flip! Follow this 8-part video series as we flip a house!

4. Our goal is to inspire 1,000 new women each month and we've been achieving it with help from loyal listeners like you! If you are getting value out of this podcast will you kindly leave us a rating and review and help us spread our message?

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The Flipsisters
Leaving people and places better than we find them.

Speaker 1:

You're listening to the Flip Houses Like a Girl podcast, where we educate, empower and celebrate everyday women who are facing their fears, juggling family and business, embracing their awesomeness and wholeheartedly chasing their dream of flipping houses. Each episode delivers honest-to-goodness tools, tips and strategies you can implement today to get closer to your first or next successful house flip.

Speaker 2:

Hi, I'm Blair, one of the coaches here with the Flip Sisters. I've been flipping houses for six years and I've done 30 flips. My favorite part of flipping houses is transforming a space from something that's maybe gross and disgusting into something that's clean, safe and beautiful for a new person or family to move into and love. And I love coaching other house flippers because it's such an honor to be part of someone's transformation where they go from. I can't do it. I don't know how to flipping houses and then totally transforming their lives and the lives of their families. One of the biggest objections that we get to starting house flipping from ladies is money. I totally get it. When I first started, I didn't have any money myself, but I learned to use other people's money. That is one of the key areas we talk about here at Flip Sisters how to use other people's money. There are a few ways to do that, but today we're going to focus on using PMLs, which stands for private money lenders. This could be anyone someone in your family, someone in your community or even yourself. You can do this with your 401k or your IRA. Don't let no money hold you back.

Speaker 2:

In this episode, I talk with Kanani, who is a private lender in the Flip Sisters community. You never know, she might just be funding your first flip. We'll just kind of get started a little bit. So everybody that's listening, this is Kanani. She is one of our Flip Sisters and she has been with us for a wonderful amount of time and she just has a beautiful presence and a beautiful light and is so kind and of time. And she just has a beautiful presence and a beautiful light and is so kind and very helpful and she has recently taken on private lending to some of the sisters in our group. So we thought we'd sit down with her today and just kind of discuss that process and what does that mean, and you know how did it work and all of that. So thank you so much for joining us. Kanani, can you tell us a little bit about yourself?

Speaker 3:

Sure. So I joined Flip Sisters in October 2023. So I've been doing this for I don't know a year and a half-ish more almost two years, and I work full time. I, you know, I love my day job-ish more almost two years and I work full-time I, you know I love my day job, I do it, it's my career. I'm not planning on, you know, retiring from that, but I had.

Speaker 3:

Recently, I had moved my money and my a lot of my retirement accounts into a self-directed retirement account, and I wanted to because I'd heard like, oh, I can invest in other places, and so, for my previous employers, I had a chunk of money that I thought I could do real estate with, and so that was what drew me to the program, because I wanted to learn how to do it instead of sort of sitting on the sidelines and just dreaming about it, because, definitely, I have been looking at real estate for a long time. I do have some rental properties that I had prior to joining the program, but you know it was my mom's property as her trustee. I've taken care of that. That's in Oregon.

Speaker 3:

And then I have a property which I wouldn't really say I mean it's a rental, but my in-laws rent it, so it's more to help them. It doesn't make me any money, but it is. You know it's a good way to have my investment. I mean, it will grow and eventually, you know, and when they pass we will sell it or maybe keep it, who knows, depending on what the market looks like. But it was just a way to have some things. But I always thought we could do more.

Speaker 2:

I want to stop, if that's okay with you, for a quick second, and just point out, like kind of what I heard with the rental that you're I think it's your you said you're in-law stand and like what a neat way to like help and support family but also keep the wealth in your family Because in essence they're you know, they're going to pay rent to someone and so the cool thing is is they're paying rent to you, which helps pay the mortgage and then that house is going to appreciate over time. I love to hear stories like that, where the money stays in the family in the community, like that. I think you know a lot of people don't realize that it can be done so hyperlocal, so that's really cool. And then with your self-directed IRA, how was that process for you? Did it feel like super overwhelming or was it just kind of like you know you found one and then decided to move your money over? Can you tell us a little bit more about that process?

Speaker 3:

Yeah, so I had about $300,000 from previous employers that were you know just whatever mutual funds or target date things, and it was easy in the sense I didn't have to think about it. But I was trying to consolidate because I had several from employers, I did keep some. I mean, my current employer is I'm still using their plan and one of my first employers I still have the funds in their plan because it's doing so well and I sort of trust it. But the other ones that were sort of in between, you know, there were three companies. I'm like I don't want to have to think about all of those. So it was a matter of consolidation and it was.

Speaker 3:

I don't even know how I even learned about it. I think I was just I think I might've been had a Facebook ad or something, and I was just like, oh wow, this sounds cool. And I started just watching a bunch of YouTube videos to see what it was all about. And then I then I got, you know, I got a Facebook ad for Flip Sisters and I'm like, hey, maybe I can do both, and so I did.

Speaker 2:

Nice. Yeah, I always tell people it's kind of interesting. I hear stories like that a lot where you start thinking about it and I know everyone's kind of jokes about you know Siri or Echo is always listening and all the devices are listening. But I think there is a little bit of divine intervention in some of that where our ad kind of lands. But yeah, I had similar situations and I hear that a lot where people are like you know, it's very rare in this day and age for someone to be at the same job for 30 years. You know they may stay 10, 15, you know, and then they roll on to a different career or different position. So they may have several IRAs out there with companies. And I'm with you, I like simple, I like it all in one place. But I also like that you left some of it in your current employer, because I do believe diversification is important as well. Awesome, so thank you for sharing that portion with me.

Speaker 2:

So we'll kind of scroll down a little bit in our thought process here and get jump into the meat of being a PML. I will say I'll go, I'll circle back. Like one of the things you said that I also find really important is, I think a lot of people believe that you can't do both work a job and be a real estate investor and I love that you do both. And we have lots of ladies who are out there who are very successful, who are working a nine to five and they're just like you. They love their job, they love their career, they love their work, family, you know and they're able to do this on the side and get, you know, some either funds back from lending or they're able to do this on the side and get some either funds back from lending or they're flipping and getting that little pop of cash. So I think that's awesome. And, just for anyone that's listening, I think about 98% of the ladies who join our program come in with a full-time job and many of them are able to or want to keep them into real estate on the side. So that's really cool to mention.

Speaker 2:

And one of the things starting out with that, as we kind of go down talking about being a private lender, is I think there's a misconception out there about what a private lender is. A lot of times when I ask people you know well, who do you think a private lender is, you know they're telling me they think it's. You know, some person on a yacht somewhere that has millions and billions of dollars they don't really think of, like the person next door, their aunt, their uncle, someone with a retirement account. I think that one gets overlooked a lot. So you know, just going to delve into your personal life just a little bit. But like would you consider yourself a super rich millionaire?

Speaker 3:

But like would you consider yourself a super rich millionaire? No, not at all, not, yeah, not remotely. But, you know, having this pot of money that I otherwise can't touch until I'm of retirement age, which is still a few years away, and I mean honestly, it kind of feels like monopoly money because it's not real or tangible at the moment. My husband, you know, was very skeptical and he's just like I don't know about this, you know that's, you know any of it. He's just like very, very skeptical and I said, but look, this is money that I can't touch. For another, at the time, 12, let's see, 13 years at the time, it's less now that I'll be able to touch it. So, like, why not let it do something? And why not, you know, have my, my goal of, you know, being able to do real estate and it's not affecting my credit or affecting our day-to-day bills. And and that was really important for myself, because I'm not a huge risk taker, I don't think and for my husband and therefore our marriage, because he's just like you know what if it doesn't work out, what if you don't get paid back, and and all this stuff, and like it wasn't going to be taking away from our day-to-day, right now livelihood. So I'm always thinking about, like, the future and how it will affect our future. And then that's, you know, that way it seems safe, or much safer, so I put $300,000 into the self-directed IRA.

Speaker 3:

I did end up after joining Flip Sisters. I had spent a long time looking to flip a house. I must have made I don't know, 20, 30 offers, and it's a really competitive market up here in Connecticut and I and I just wasn't able to land anything. And so what I ended up doing was I ended up getting a rental. It was already done, it had just been renovated, it already had a great tenant in there and it was sort of easy and close by. And I ended up using some of those funds to purchase that property, which I have as a rental now, and the rest I'm using.

Speaker 3:

As for private money, lending as a PML. So that left me at the purchase of that one. I bought cash just from the self-directed and it left me with about $170,000 to invest. I've used that money. Now I just invested in my sixth PML opportunity last week. Wow, yeah, the first one was in. It was between Christmas and New Year's 2023 to 2024. And that particular flip sister I've done three projects with her. She's still on her. The third one is still that hasn't been repaid back, but the first two have, and those you know.

Speaker 3:

So all of my PMLs have all been out of state and that was, and where, at least from my vantage point, it was like, oh wow, I wish I could be there to do that, because it seemed like it was a lot easier. And perhaps that was you know, nothing's ever easy but you know, they were able to get deals and so to see, I was sort of living vicariously through other people as they were doing their flips and successfully flipping, and I was. You know, I'm just on the side, sort of cheering them on, and that's what I felt like my job was. The other three PMLs that I have going on so one was in Oregon and that closed Two last year, in the fall of last year, in the fall of last year.

Speaker 3:

That was actually my second PML. And then I have another one in the Seattle area, washington State, and that should hit the market this week. There's been some bumps along the way, but last I heard that that should go on the market this week. And then the new one that I just started is in Texas. So four different states.

Speaker 2:

So that's amazing. Yeah, like some of the things that you pointed out that I just kind of want to review because I think that they are awesome, one of the things that I love about the real estate investing space is the fact that you can I'll use the vanilla ice phrase you can get in where you fit in, and I feel like I can use that because, if you didn't know, he flips houses as well. But yeah, like, so there are different ways. You know you can flip houses. You can have rentals.

Speaker 2:

The PML is very interesting to me because you've said something that a lot of my PMLs say that they're interested in flipping but they maybe don't have the time or the knowledge or they have other things going on in their life and they can't do like the actual work of it. So it's a very good way for them to. You know, they've said the same thing like live vicariously through me, look at the pictures. They're huge supporters and you know they're getting great returns. As you mentioned, when your money is in your IRA until you retire, as you mentioned, when your money is in your IRA until you retire, you can't touch it. It's you know. You can't pull it out, you can't use it.

Speaker 2:

And so I'm finding that a lot of PMLs are turning to investing in real estate One because it's a tangible asset, right Like you can actually, like my PMLs can go at, like the local ones, and they can physically look at the house, they can touch it, unlike other things like the stock market or different investments, where it's based off speculation and they can't go, you know, grab whatever it is they're investing in.

Speaker 2:

And a lot of times, like I know my personal, I have a retirement fund, I have an advisor and their returns are closer to, like a good year is 8%. You know that they promise they try to go higher, but it's not always a guarantee and I find, as investments in real estate we're offering like 10 to 14, sometimes more, for a smaller amount or a shorter amount of time. So the returns on a tangible asset are better in most cases and it's again something you can go and touch. So that feels like a good sense of security and I think it's neat that you've invested in all these different states too, so it's like you know, you've technically helped flip a house in multiple states. That's really cool.

Speaker 3:

Yeah, no, I, it is cool, I've. It's exciting when I, you know when they'll, you know, send me a message and they'll show me a picture or something. I'm like, oh, we just did this and we just did that and it's great. And I think the real reason why I enjoy it and I sort of trust the process gosh, that's such a phrase that's used so much I trust the process because they've had, because we've had, the same training and we talk the same language. So if I, you know, if, if I'm going through their numbers and I'm like, well, I don't really understand this and you know how did you get to that? And I'll even, you know, I'll even see like one the.

Speaker 3:

You know we're looking at the, the DA. You know we're analyzing the numbers and so forth, like I don't think you counted that twice and you need this year. And like you don't actually need that much money. You know you need like $50,000 less because you're you know she was taking into account a down payment, which was already taken into account with her loan, and and so I think that it feels more comfortable because we can talk the same language and we have the tools, the same tools. So it's easier for me to kind of read the information, read the data and then, you know, make a decision.

Speaker 3:

And there have been so many more projects that I would have liked to have supported. But you know I'm all tapped out at this moment. I'll have to wait till you know one of them closes, or two, you know a couple of them close, but it is, yeah, it's, it's good to have a few projects going because it does sort of diversify the risk and you know, if one of the projects needs more time, then it's okay. Like I'm okay with that. I'm not counting on that to fund something else immediately. Again, I've kind of got this now 12 year timeline.

Speaker 2:

Yeah, that's awesome. So, if it's okay, let's get a little nitpicky or into the weeds or details about the first deal that you invested in and that process, because I find a lot of times I love that you used the phrase earlier in our conversation about sitting on the sidelines and that you wanted to get in the game, because I find that a lot. You know people will go and they'll do the research and they'll get the training, but for some reason they just they never get on the field and play. So I feel like that first one, or that first experience is so important and I'd love to talk about, like you know kind of what was, if you can tell me just a little bit about that first deal and you know how it came across your desk and what did you guys look at or talk about and what ultimately made you go. You know what? Yes, this is the one we're going to do this.

Speaker 3:

Yeah, so the first deal was in St Louis and it was. I mean, it was pretty straightforward, like the numbers looked good. It was. You know there was some work but not too much. Good it was, you know, there was some work but not too much. And six month timeline, like everything. Like it looked great. The tricky part of that one was we were birthed both first timers. We joined at similar times. I want to say she joined maybe a month after I did and she so you know, she was looking, I don't even remember how much. Maybe it was like $30,000. It wasn't a huge, a huge amount of money and she was trying to close, like she had like less than a week to sort of pull money together and it was all around Christmas time. Oh gosh, no stress there. So you know, like she like lawyers and people were on vacation, like things were closed.

Speaker 2:

Yes, and a lot of attorney's offices that closed, like from Thanksgiving to Christmas Right.

Speaker 3:

It's like oh come back and so you know, and so she didn't really have, she didn't have a lawyer set up and she was trying to find a lawyer. But again she started in November and like, with all the holidays and everything, like it was just hard to find. But she got this deal, she was in contract, right. So, um, and then I didn't know what I was doing. So I had, you know, I downloaded the template for the um, the promissory note, and we changed all the relevant numbers and changed Texas to Missouri. And I called my lawyer up here in Connecticut and I was like, I just got to pick your brain, does this look crazy? Or whatever. And he looked at it. He's like he goes, I'm not a lawyer in Missouri. He's like, so you have to take this with a grain of salt. He's like you are not protecting yourself, you are not being protected, you don't have a deed of trust or a mortgage or whatever.

Speaker 3:

And I didn't know that wasn't the same thing as just the promissory note. And so I was like what is that? And I don't know how to do it. And so the woman that I uh lent to, she didn't know. And so we were, you know, on legalzoomcom or whatever. You know, we were on LegalZoomcom or whatever. We were just on all the online things because she could not get a lawyer on the phone, and if she couldn't get one on the phone in Missouri then certainly I wasn't going to be able to get one on the phone.

Speaker 3:

So we downloaded some forms online and we filled it out and she submitted it. It was perhaps foolish, but we did it pretty blindly. We filled it out and she submitted it. It was perhaps foolish, but we did it pretty blindly, but we filled out the paperwork just fine. I was able to transfer the funds to her, she went down to the courthouse and recorded it and, you know, within six months I was paid back, she was able to flip the house and so.

Speaker 3:

So that at least gave me a lot of sort of a breath of a sigh of relief because, because it worked out, she was very upfront and again she we were, you know, we started at the same time and she was definitely a numbers person, like I think her day job is as, like, an accountant or something like that. If it's not, she plays a good one. So she was, you know, she was very on top of her numbers and keeping track of her expenses and so forth. So I was happy with that. But that was like the first kind of jumping in and it made the rest of them easier to dive into. But it was scary that first time, cause I didn't know, right, I didn't know we neither of us knew, really knew, and we were up against the clock to get it closed before the end of the year.

Speaker 2:

Yeah, so definitely talk about like trial by fire there, but I love the tenacity that, like you both had, and I think that definitely speaks to relationships. I tell a lot of people that this business, it's relationships, right, it's a PML, it's you know, somebody that needs the money to do the flip and you guys work together. And I tell a lot of people like it's teamwork, like there is a team effort, which I think is really neat in this space, that you guys are both working together to obtain the same goal. Granted, you get different outcomes at the end, but it's a win-win. You're both happy. So that is really neat.

Speaker 2:

And you brought up some great points, too, about one of the reasons that I do find a lot of lenders prefer to lend in real estate is that they have that security. So they're not just signing a promissory note. Usually they're tied to the property as like a deed or a mortgage. So just what that means is that that person cannot go sell that house without paying you back. So that's a really nice sense of security there that they can't just run off with your money, go to Cancun, sell the house, make more money and never pay back, Right, so that's really neat have now been her PML two, two other times.

Speaker 3:

right, she's on her third one. So I have a good relationship with her, like I trust her and and she's very transparent. You know in what she's doing and how her flips are going.

Speaker 3:

For this last one that I did, she needed the money for the down payment, and so she did. She needed the money upfront rather than at escrow, you know, through a title company, and you know we're always like you know, rather than at escrow. You know through a title company and you know we're always like you know, don't ever send. You know, right, you can send it to the, you send it to title and let's do that, and you know it's all held and it's all accounted for and so forth. But she needed it for the down payment and so we were trying to figure out like what is what would be the best way to do that, and we actually came up with a um, or she came up with a good alternative because she had another property that she has as a rental that was free flip sisters, so the money is actually lent on that home uh-huh, that's what we call cross collateralcollateralization.

Speaker 2:

Yes, very good. Yeah, that's awesome. I love that. And that's what? Again, with the real estate investing space, one of the things that I really enjoy is like how creative you can be and I'm like it's perfectly legal. Everything we do, you know, I always tell people I'm like you know a lawyer's not going to do all this paperwork and risk their livelihood, right, like they're not going to do something scrupulous just for your you know couple hundred dollar fee here. You know not be able to take care of their family. So everything we do is perfectly within the law. And so, yeah, that's neat, I love that. You guys kind of game plan that and found an alternative that also secured your funds to real estate. That's amazing.

Speaker 3:

Yeah. So we were able to do that and I was able to transfer the funds to her prior to closing and actually I think she officially closed yesterday. The funds were transferred last week. With the holiday in there it was it should have closed earlier, but there was a bank holiday, a federal holiday. It should have closed earlier, but there was a, you know, a bank holiday, a federal holiday. So that made me feel a lot better because, you know, I didn't know her, I didn't, I didn't have a relationship with her, whereas with this other, this other flip sister, we did. So like I would feel less sort of like what do you mean?

Speaker 2:

you need this early and actually that doesn't with her, it doesn't with her, it doesn't bother me because you've built that relationship, yeah, and she has the history of making sure that you get paid back and on time, so that's awesome, yeah, yeah. So I think you touched on something also that I found really interesting, and I also believe you know people that are looking at our program or want to get invested in real estate but maybe think that they want to flip, but they're like, maybe I don't want to do that, but I just want to lend. Do you feel that, like going through the program and learning all of the information set you up to be a better private lender?

Speaker 3:

Absolutely yeah. And I think too, even when I was, you know, interviewing hard money lenders when I was actively trying to flip for my own, having that knowledge and shared vocabulary was so helpful. And shared vocabulary was so helpful because, you know, acronyms get thrown around and um, and there are different terms for the same, basically the same thing that it just you feel far more empowered, far more educated and you know, as an educator myself, like, I think that that is, you know, knowledge is power if we want to be, you know, cliche, but that is, it's incredible, right, it's like stuff that that it's not hard to learn, not at all. But once you learned it and you know, you practice it, it's, it's, it's worthwhile. And you know, maybe I will never flip a house, I don't know, but I mean actually, to be fair, you know this, the home that my in-laws live in, like you know, we've been doing some renovations and so forth, and you know I think about how this would have, you know, could have been a flip, right, it's like, oh yeah, like this is actually a good, this part is a good investment, this will have return in the end, but for the moment it can be used and enjoyed by my in-laws and, you know, make their living space far more, you know, nice and and so forth. So so I think that that kind of information is is great, that kind of knowledge.

Speaker 3:

One thing I know for, and maybe for people who are sort of on the fence and so forth or have spouses that aren't 100% behind them, because there's a lot of skeptics oh yeah, definitely, and I definitely have a skeptic, you know I had told you know, I told him, I said you know, I want to invest in me.

Speaker 3:

At, you know, I was like I give everything for the family and this and that and investing in my education, if you will like, my knowledge was important and it's something that can be, you know, that will eventually help for the, you know, family situation and so forth. But it's mine. And Ivan is like I'm going to take this money and invest in me, I give to everybody else, like I wanted to do that for myself, and he couldn't argue with that. So I think it's good. And like, when I tell him, like I've you know, oh, I've, you know, I'm investing in another, you know another person and this, and that he's like, oh, okay, like it doesn't scare him anymore and it's. You know it's kind of fun. I can talk to the kids about it and they're excited.

Speaker 2:

So yeah, that's. I mean, there's just so much good in what you just said. You know, I think, especially as women, it's we're such givers, right, and we take care of everybody else, and sometimes at the expense of ourselves, and that's just what's been drilled into us, that that's what we're supposed to do and we're supposed to be depleted. I don't believe that. And I do believe in what you said about like getting education for yourself and doing something for yourself, and it's just going gonna be amazing going forward, watching that trickle into your family and trickle into your community. And I think it's so cool that you're like already talking to your children about it.

Speaker 2:

You know, I always everyone I'm like you know, what about investing? Would you change? I wish somebody would have told me about this when I was in my 20s, not mid thirties. Okay, I'd love to go back. So it's just neat for me to like I get very excited when you're like, yeah, I'm already talking to my kids. You know, at their young age, you know, moving forward, they're going to have different options or different ways of thinking about things that are then going to affect their lives and their family. And you know you're already affecting your in-laws lives for the better. I love that when something you pour into yourself and then it pours out to everybody, and I think sometimes we don't see that, that we do have to fill our cup and we do need to feel fulfilled as women in other ways that are maybe not wife, mom and that kind of stuff. We need to do things for ourselves. So that's incredible and it's just cool to then see how your story has spilled out into their lives and into family's lives. I think that's just beautiful, yep.

Speaker 3:

Thank you.

Speaker 2:

Awesome. Well, thank you so much for spending some time with me today and talking about lending. You know, I think that point actually is so beautiful that I kind of want to end there. I think that's something that really needs to be driven home, women, that it is okay for you to do something that you want to do and get educated in something you want to get educated in.

Speaker 2:

I happen to love real estate. I love that you've come in and you found your place in real estate, because there are so many different things and you know our program is focused on. You know flipping, but I tell everybody, learning how to flip a house is the basis for everything else you will do in real estate, whether that's private lending, whether that's buying a rental, whether that's owning that cute little short-term rental at the beach. You know, having that backbone and that information and kind of, like you said, the vocabulary and being able to talk the talk and walk the walk it's the center of it all, and so learning that opens up so many doors elsewhere in the real estate world.

Speaker 3:

Yes, definitely. I appreciate the program, thank you.

Speaker 2:

Yeah, and we I mean absolutely have loved having you here and thank you so much for sharing of yourself and sharing of your knowledge, and we look forward to just watching you keep lending and blossom from here. Thank you so much for tuning in and spending time with us and thank you to Kanani for sharing your experience as a private money lender with us. And thank you to Kanani for sharing your experience as a private money lender with us. One of the takeaways from our conversation that really stuck with me is doing flips with private money lenders is such a win-win for both sides. Kanani is one of the many private money lenders in our community who are ready and wanting to lend on qualified deals. If you're listening and have been hanging out on the sidelines because you don't think you have the money to do it, I hope listening in today has changed your mind. If you're interested in finding out more about using other people's money to flip houses, get in touch with us today.