Lending Your Way Into Real Estate Investments

Our special guest may not be a best-selling author on real estate yet, but we’re already predicting this former World Cup soccer player will soon be a household name in Dave Ramsey’s world in a few years. Vaughn Bethell is the founder of REI Junkies based in South Carolina. In this episode, we learn his unique process of providing real estate investors a different way to reduce stress and frustration in their investments.

Episode Highlights

1. The real estate investor who played World Cup soccer.
2. The problematic transition with professional athletes from their sport to the real working world.
3. The origin story of REI Junkies.
4. Vaughn’s unique approach to investing in real estate: become the lender.
5. The frustrations of dealing with tenants.
6. Pooling funds to become the real estate banker.
7. Expected returns.
8. The way to use an IRA for this sort of investment.
9. The biggest real estate mistake investors make.
10. The risk of investing in raw land.

Books Mentioned

• The Go-Giver by Bob Burg
• The 21 Irrefutable Laws of Leadership by John Maxwell
• How Did You Do It, Truett? by Truett Cathy
• The E-Myth Revisited by Michael Gerber
• Bank of Dave: How I Took On the Banks by Dave Fishwick

Episode Pairings