If You’re Afraid of Hard Money, You’re Afraid of Scaling

追加: 2026-05-16

[00:00:00]you're afraid of hard money, then you're really afraid of scaling as an investor.

[00:00:04]And I say that because you're too focused on on [music] interest carry and interest rates than you are on the goal, which is to build a portfolio. And if you simply reframe your brain and you say, "Listen, if I really think about it, I'm pricing my capital at a certain minimum number. I'm not going to go invest in a property unless it gives me at least a 20% return." So, you're pricing your capital at 20% and you're thinking bank debt should be X. Well, what is the capital cost that will take you from this as an investor to this?

[00:00:38]And to me, as an investor, you're always weighing opportunity costs in the mix.

[00:00:43]And when it comes down to it, the best properties that are out there that you should be buying are the ones that are fast-moving and really require hard money to transact.