How a Recession in 2025 Will Reshape Real Estate Investing | Chris Naugle
The Science of Flipping - A podcast by Justin Colby - Fridays
On this episode, I sit down with my long time friend Chris Naugle, a former TV star, ex-pro snowboarder turned real estate expert and founder of Private Money Club, to discuss the intricacies of the real estate market and the innovative ways to raise private money. Chris shares insights on the current real estate market trends, emphasizing its cyclical nature and predicting a market softening and a potential recession in 2025, which he views as an excellent opportunity for investors to buy properties at lower prices. He introduces Private Money Club as a groundbreaking platform designed to connect individuals with money to those in need of funding for real estate deals, operating much like a "dating site for money." The platform offers certification for borrowers and lenders to enhance credibility and streamline the process of finding and securing deals. Chris also delves into his personal strategies for lending, including the Infinite Banking Concept, which involves using high cash value whole life insurance policies to earn interest while lending money, and self-directed IRAs for retirement account lending. He underscores the importance of community and education within Private Money Club, which offers forums, webinars, training sessions, and live events to foster relationships and provide ongoing support to its members. Chris’s approach highlights the value of building long-term relationships and leveraging private money to achieve financial success in real estate.