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Nomi Yah is a practitioner of creative financing. She hustles to make things happen. She’s not just waiting for things to come to her, but she makes sure to go after it. After buying her first house for $90,000, she sold it in a few years for $140,000. Seeing the profit from real estate, she bought and sold several more houses, adding in-law units and becoming a landlord. After consistent success, some family members invested and the business grew until they had thirteen tenants and one note. Realizing that the note was easier and more profitable than the tenants, she spent a year learning about notes and decided to sell the rentals and become a private lender, starting Elohe Loans in 2018. Nomi talks about hypothecation and shares her unique approach to private lending. See how this can also work for you.
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Listen to the podcast here:

Listener Spotlight: Hypothecation - A Unique Approach To Private Lending with Nomi Yah
A Different Way To Earn Monthly Cashflow
We are breaking new ground here. We're going to reach a new milestone as this episode is the first of its kind, a Listener Spotlight. This an episode where I interview a listener who is actively lending money and seeking to expand their network. The idea is for you to know the ins and outs of lending from somebody in the trenches every day, someone besides me. I'm excited to get to this interview with my guest, Nomi Yah. The nexus of this episode was an email that said she was traveling to Texas in the near future to look for deals to lend on and would like to meet me and talk about all things private lending, which that in itself I thought was cool. She offered to buy me a barbecue, which is my kryptonite. How could I say no?

I met Nomi Yah in Austin near the end of 2018. I listened to how she prefers to lend, how she likes to structure her deals, and how she'd lends for cashflow and also had some fine brisket. It was during that conversation that I realized that I wanted to have people like Nomi on the podcast so they could share their stories, tell us of their genius moves and maybe their mistakes and regrets as well. This thing has made the podcast so much more enjoyable than I could have imagined. I hope you enjoy the first Lender Spotlight with Nomi Yah. Let's get to the interview.
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I'm honored to have a Listener Spotlight with Listener, Nomi Yah. Nomi, welcome to the Private Lender Podcast.

Keith, I'm glad to be here.

Thank you so much for reaching out and agreeing to do this. This is a new segment that I'm trying this year in 2019. As a little background, Nomi signed up for the email list. I finally sent an email out. She responded and filled out a survey and then emailed me and said, "I'm going to be in Austin, Texas. Can we meet up? I'll buy you lunch." She said, "Barbecue." I said, "I'm there." We had a great afternoon chatting about real estate, lending and everything. She graciously agreed to come on. Again, thank you. I'm looking forward to this. How’d you been?

I've been great. It's my first podcast and I'm excited.

Let's give us a little background about yourself. What type of environment do you come from, corporate finance? I know you have a very interesting background so please tell everybody.

I've been in the music industry for 25 years. I toured around the world. I got a gold record. I've performed in front of 100,000 people. I got a whole lot of milestones with my music career. I'd have to say I aged out of the touring part of it. I'm still a songwriter and have some success. I got more and more into real estate. I've always been interested in real estate. I finally hung up the touring gear and put on the real estate thing. I started with a whole bunch of rentals then I sold off all my rentals. Now, I'm doing lending.

I've seen the gold records. It's legit.