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Podcast: Wealth Formula Podcast
Episode: 063: Investing in Businesses with Victor Menasce
Description: I have a lot of people in Investor Club who lend to flippers. These notes pay pretty well--I hear over 12-15 percent on a regular basis. These investors ask why they would ever invest in anything with less return. It's a fair question but there is a very good answer. When you lend to people who flip homes, you are investing in a business NOT in an asset. Investing in businesses is inherently riskier than investing in an asset such as real estate. As a guy who starts businesses, I know that instinctively. I have had businesses that threw off 7...