TGCI 208: Pivoting to become a private lender

In today’s show, Pancham interviews Kevin Dureiko - founder and fund manager of Birch and Dobson LLC.

Growing up, he watched, helped, and learned from his father's investment portfolio, and he got to explore real estate investing! Today, he is now sourcing property-secured investments with expected returns while actively raising capital and investing in single-family home buildings!

In this episode, explore different investing niches as he shares his own approach to buying private debt and how he uses judgment as his assets! He’ll also share his mindset on what started Birch and Dobson LLC and what you’ll need if you wanted to start your private lending firm.

Listen and enjoy the show!

 

Quote:

“I thought it was incredibly interesting that you could buy money for less than what it was worth. And that concept just boggled my mind to where you could buy a dollar for $0.20.”

Timestamped Shownotes:

• 0:37 - Pancham introduces Kevin to the show
• 2:03 - How his father helped him discover the power of real estate
• 4:26 - On buying private debts and using judgment as his assets
• 9:55 - How private lending works and the criteria used to screen people
• 12:49 - What makes Birch Dobson unique from other lending companies
• 17:14 - Constant communication as the key factor in fund investments
• 23:50 - How having clarity in the morning is advantageous to his success 
• 26:36 - Taking the Leap Round
• 26:36 - First investments he made outside of Wall Street
• 27:08 - How a little bit of faith helped him overcome his fears
• 27:57 - Why his investments with his father did not go as expected
• 29:04 - Why you should prioritize learning where you're putting your money
• 29:48 - How you can connect with Kevin

3 Key Points:

1. Judgment is a contract that can be used as an asset when you would be starting your private real estate investment fund.
2. Buying private debt helps both parties as it will offer a discount to the people in need and at the same time be able to provide returns to the investors.
3. When working with others, you should be able to communicate effectively with those in charge of your money and know their involvement in those investments.

Get in Touch:

• Birch Dobson LLC Website - https://www.birchdobson.com/
• Kevin Dureiko Contact No. - [phone]
• The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/
• Pancham Gupta Email - .css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}