In this webinar, the speakers will go on a deep dive into real estate debt.
We will discuss real estate debt with an expert and author of the book Lienlord, Eric Scharaga. Eric will be joining our usual hosts, Micheal Cavanaugh of Regiment and Brendan Walsh of Rocket Dollar.
Meet the hosts:
Brendan Walsh is a fintech entrepreneur and Wisconsin-Madison graduate, coming from the financial advising and the retirement industry in Chicago. Before joining Rocket Dollar, he consulted various fintech, crypto, and blockchain startups growing throughout his home city. Specializing in sales and customer service automation, operations, and partnership management, Brendan has a talent for recognizing opportunities in new markets and creating efficiencies to accelerate the speed of a fintech organization.
Mike leads business development for Regiment and sets the company vision. After a career as a floor trader in the bond and wheat pits at the CBOT, he co-founded an asset management company in 2006 known today as RCM Wealth Advisors. He was instrumental in growing the assets under management to more than $200mm. After 20+ years of capital markets experience, he chose to move on to focus on helping the next generation of startup leaders and founded FinTech Ranger in 2017. His primary role at FinTech Ranger was growing the network of prospects and referral partners within the financial technology spheres of business including startups in the FinTech space.
Mike is the co-founder of the Chicago-based Small Business Advocacy Council (SBAC), a non-profit organization that lobbies on behalf of small businesses across Chicagoland. He holds a BA from UW Madison.
Eric Scharaga is the founder of Damen Capital Management, an investment firm that purchases residential mortgage loans nationwide.
Before focusing full-time on mortgage loan investing, Eric worked for 23 years as a public high school teacher. In 2001, after reading Rich Dad, Poor Dad, he began investing in rental properties, with the dream of leaving his job to become a full-time investor.
Unfortunately, after thirteen years dealing with the constant stresses and unpredictability of landlording, he came to the realization that he would never achieve his goal of financial freedom through rental properties.
He found the business of landlording even more volatile than the stock market, and developed a strong understanding that most investors should not invest in their own rental properties.
In 2016, while still teaching, Eric transitioned to the more stable and passive cash flow of mortgage loan investing, which allowed him to leave his full-time job in 2019.
He resides in the suburbs of Chicago with his wife and two children and is passionate about personal finance and financial freedom. His goal is to continue introducing investors to the power of reliable investment yields.