“You have to own separate companies doing it. It can't be the same company... I now have a company called Evoland... that allows us to legally service loans at another company and pay loan officers.”

Dropping Bombs · The Hidden Industry Where 1 Deal a Month Pays $90K a Year

Play from 5:33
5:33

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What was described

Create a separate company called Evoland to service loans and employ loan officers there, keeping servicing separate from NEXA

Said nearby on the same subject

“If there's 200-300 basis points made on one loan, 3% and the loan officer is obligated to get 2%, I give the loan officer 2%. I take the other 1% and put that into a NEXA ledger that they can use to grow their team.”
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Said on Dropping Bombs
Pricing 200-300 basis points total; 2% to officer, 1% to ledger Share this moment
“I've tried to keep the two companies separate as well so it's easier for finances in the future because if there's like loans going between all of them that's more confusing but if it's just like this is Tash Lens this is Tash Invest and I might eventually sell the Tash Lens book”
♫
Said on Get Rich Slow Club
How they work Share this moment
“‘if I repay $50,000 off my home loan, I go to the bank and can have a separate loan for $50,000… debt recycling’”
SW
Stuart Weems
The Money Puzzle ·
Why it worked Share this moment
“We have foreign commercial services, officers in every embassy and they're there to help us companies… I used to call them the country's sales force.”
♫
Said on Future Commerce
Growth tactic Share this moment

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