
Episode 92: How I Quit Flipping Houses in 2020 and Now Travel While My Money Works For Me.
Growing the Money with Rich Lennon · Rich Lennon
About this episode
What if working harder isn’t the answer anymore? In 2020, Rich Lennon walked away from flipping houses, managing teams, and grinding every day, and didn’t look back. Instead of chasing deals, he chose a different seat at the table. The one where the money works, and life gets a lot simpler.In this episode, Cody Hofhine sits down with Rich to talk about the exact shift that allowed him to stop flipping, start lending, and design a life around freedom, travel, and consistency. Rich breaks down how he moved from active investing to private lending, why being the bank changes everything, and how everyday investors can do the same without taking on unnecessary risk.You’ll Learn How To:Know when it’s time to stop flipping and shift strategiesTurn active income into passive returnsUnderstand why lending can be the safest seat in real estateEarn strong returns without managing propertiesBuild wealth without burning yourself outWho This Episode Is For:Investors are tired of constant deal-chasingFlippers are wondering what the next phase looks likeBusiness owners are sitting on cash and are unsure what to do with itAnyone who wants more freedom without risking their moneyWhy You Should Listen:If you’ve ever wondered what comes after flipping houses, or how people actually reach financial freedom without chaos, this episode pulls back the curtain. Rich shares what worked, what didn’t, and the mindset shift that changed everything. What You’ll Learn in This Episode:[00:00] Why Rich shut down his flipping business in 2020[03:00] The moment he realized lending was the better play[07:00] How private lending really works in plain English[11:00] Why being the bank lowers risk, not raises it[15:00] The returns Rich targets and how he protects his capital[20:00] Who private lending is and isn’t for[26:00] How lending created freedom to travel and step backFollow Rich Lennon here:Website: https://richlennon.com/Facebook: https://www.facebook.com/rich.lennon.121Instagram: https://www.instagram.com/richlennon92/