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In today’s episode, Kelli Garrett explores how her previous career as an athlete has played an impactful role in her present money lending business.

Kelli strongly believes in the notion of not having all of her eggs in one basket, and regards multiple streams of income as a must have. After self managing her rental and real estate portfolio, she now ventures into commercial rental, ATM business, and a hard money lending business called Rehab Wallet. Kelli discusses facing business problems head on and taking action when dealt with opportunities. She also inspires us to change our view about money through her book, Roadmap to Success.

When you step into a new venture, would you be willing to take one for the team?

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HIGHLIGHTS OF THE EPISODE

00:00 – Episode Sponsor: Airbnb Kickstart Course

00:32 – Introduction of Guest: Kelli Garrett

02:01 – Kelli’s background

09:12 – Learnings from Being an Athlete That Help in Business

11:33 – Taking Action

14:12 – Great Recessions in Money Lending Business

16:57 – Capital Literacy

20:10 – What Is Hard Money Lending?

23:37 – What’s the Advantage of Coming to Rehab Wallet for Loans Instead of Banks?

26:42 – What Happens When the Loan Goes Bad?

29:55 – Challenges of Today’s Market

34:19 – Roadmap to Success

38:47 – How to reach Kelli

CONNECTING WITH THE GUEST

I hope you found this episode valuable. I have one more thing to give you. We have a page for my coaching clients where you can get a free copy of my book and much more from previous guests on the show. Check out NextLevelIncome.com/coaching to get a free copy of my book, audiobook and much more. I’ll send you a copy of my book and cover all the shipping costs as a thank you for listening to the show. Also, please like, share and take 90 seconds to give us a rating on Apple Podcasts.

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About Chris Larsen:

Christopher Larsen is the founder and Managing Partner of Next-Level Income. Since “retiring” after 18 years in the medical device industry he dedicates his time to helping others become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years.

While completing his degree in Biomechanical Engineering and M.B.A. in Finance at Virginia Tech, he bought his first single-family rental at age 21. Chris expanded into development, private-lending, buying distressed debt as well as commercial office, and ultimately syndicating multifamily properties. He began syndicating deals in 2016 and has been actively involved in over $500M of real estate acquisitions.

In addition to real estate, Chris has invested in equities, oil & gas, and small business lending, as well as being active in Venture South, one of the nation’s Top 10 Angel Investing groups. Chris lives with his wife and two boys (and Viszla, Lucy!) in Asheville, NC where he loves spending time with them in the outdoors and enjoying the food and culture that the region has to offer.

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Tagged: Group 4, #lending, #takeaction, #bounceback