Why You Should NOT Guarantee Debt with Ron Legrand

How do you invest without guaranteed debt?  In today’s episode, we’re going to dive into them! Ron Legrand is a nationally recognized real estate expert and trainer with 39 years of experience in both residential and commercial properties and a 30-year history of hard money lending and brokering.  His experiences include personally buying and selling over 3500 single-family homes over $300 million in commercial property deals with student partners all across America.  His 54 years of marriage to his wife, Beverly, has produced 4 children, 9 grandchildren, and 14 great-grandchildren.  People constantly ask him why he continues to teach and he just says, “First, make no mistake about it, I get paid well for teaching, it’s not a merry mission and I’m not a nonprofit organization. Secondly, I thrive in this work because golfing, fishing, and diving gets old.”

[00:01][03:42] Opening Segment

  • Let’s get to know today’s guest, Ron Legrand
  • Local mechanic turned real estate expert
  • 7 Years to Becoming an Expert, 40 Years as an Educator

[03:43][13:11] Why You Should NOT Guarantee Debt 

  • You can always get somebody to get the loan
  • What You Lose When You Guarantee Debt
  • Why You’re a Slave to the Bank
  • Every deal is different
  • 2008 and $50 Million in Guaranteed Debt

[13:12][24:29] How to Get Away with Guaranteed Debt

  • Ron compares the present year to 2007 and 2008
  • Moving from damage control to new opportunities
  • “Everybody has to have something to look forward to.”
  • Finding and doing what interests you

 

[24:30][29:49] Final Four Segment

  • What Ron would invest in with only $20,000 
    • Get training to know what to do
  • How Ron would help in a real estate mistake
    • Attend seminars and get training
  • Ron’s way to make the world a better place
    • Helping people get through their hurdles
  • Reach out to our guest – see links below 
  • Final words


Tweetable Quotes

“Save your financial savings, save your credit, and do something that’s worth the risk.” – Ron Legrand

“You shouldn’t ever promise money that you don’t have.  Promise it when you get it and that’s the only way to do it.” – Ron Legrand

“Get out of your own way, let other people do what they do best so you can do what you want to do.” – Ron Legrand

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Connect with Ron Legrand through Debbie@globalpublishing.com, Youtube, and LinkedIn.  Check out his website https://www.ronlegrand.com/ and start making your millions. 


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I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.  

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Email me → sam@brickeninvestmentgroup.com 

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