LMM51 – Erik on Raising OPM (Other People’s Money) to Finance Property Development

Podcast highlights:

• Robert Kiyosaki (Rich Dad Poor Dad) always talks about the importance of being able to leverage OPM (Other People’s Money). In this episode of Lazy Money Machine we unpack Erik’s development projects and how he’s sourcing external finance
• Erik walks us through his latest building project in Indonesia and shares advice on how he markets these projects to prospective investors.
• What are the challenges in raising OPM? Why is raising OPM an important skill and often the gap between an amateur and professional investor?