Podcast appearances and mentions of jay conner

***Guest AppearanceCredits to:https://www.youtube.com/@BlueCollarWealthClub  "Becoming a Private Lender with Jay Connerl"https://www.youtube.com/watch?v=x-k2ACFciBk  In the world of real estate investing, securing funds efficiently and reliably can be the linchpin to scaling your business. Jay Conner, a seasoned real estate investor and the so-called "Private Money Authority," recently shared his invaluable insights on the Blue Collar Wealth Club podcast with host Jerry Garcia. His journey from banker-dependent investor to private money mogul presents a fascinating story of innovation, resilience, and education.The Turning Point: A Crisis into OpportunityJay's foray into private money was not born out of curiosity but necessity. After six years of relying on traditional bank loans, he faced an unexpected closure of his line of credit in 2009, despite a strong credit history. This abrupt financial crisis pushed him to seek alternative funding methods, leading him to discover private money.In a conversation with a fellow investor, Jay learned about the world of private lending and self-directed IRAs, where individuals can use their retirement funds to invest in real estate for higher returns. This discovery was pivotal. He realized that the key to raising private money lay in educating potential lenders rather than asking for loans.Educate First: The Private Money ProgramJay emphasizes the importance of separating the conversation about potential investments from actual funding requests. His approach is based on teaching individuals about the opportunity to become private lenders. He crafted a comprehensive program that includes competitive interest rates, attractive terms, and robust security measures.By conveying this knowledge through private lender luncheons and one-on-one meetings, Jay effectively secures significant funds without making direct asks. He underscores that desperation has a smell, and by providing information upfront, potential lenders are drawn in by curiosity and interest rather than pressure. This strategy has allowed him to cultivate a network of 47 private lenders, amassing $8.5 million in funds.Building Trust and Offering SecurityFor Jay and his private lenders, trust is paramount. He demonstrates his commitment by securing all loans with real estate, providing a 25% equity cushion to safeguard against market fluctuations. Additionally, lenders are named as mortgagees on insurance policies, ensuring their interests are protected.By acting as the underwriter, Jay guarantees that his deals align with the pre-established terms, eliminating any surprises for lenders. His success in consistently securing private money is rooted in transparency, reliability, and the proactive teaching of financial opportunities.Empowering Business Owners with Private LendingJay extends his insights beyond real estate, suggesting how business owners can leverage private lending. For those seeking to become lenders, he advises knowing the borrower's experience and securing loans wherever possible. For business owners in need of funds, Jay suggests having a well-planned program to present to potential lenders.He highlights the advantage of having funds lined up before they are needed, preventing the desperation-driven pitfalls seen in alternative financing options like merchant cash advances. This approach offers business owners a flexible, lower-cost borrowing option, helping them manage cash flow and growth seamlessly.Beyond Real Estate: A Broader VisionJay's teachings on private money are not confined to real estate. They offer a blueprint for financial empowerment, allow

***Guest AppearanceCredits to:https://www.youtube.com/@BolaAlabi "How to Build a 7-Figure Real Estate Business with Less Than 10 Hours a Week"https://www.youtube.com/watch?v=KlHGPU8cB0Q  The real estate world is a sphere of endless opportunities, yet financing often stands as the primary barrier for both new and seasoned investors. While traditional bank loans have long been the go-to option, they come with their fair share of hurdles and red tape. Enter private money—a game-changing concept that's revolutionizing how deals are funded and executed. In a recent enlightening episode on the Raisig Private Money podcast, Jay Conner joins Bola Alabi on The Career Evangelist Podcast and shares his invaluable insights on harnessing the potential of private money to transform the way you invest in real estate.Why Consider Private Money?Jay Conner's journey into private money began from a place of necessity when his bank unexpectedly cut off his line of credit. Finding himself in a predicament with two deals under contract and no funding, Conner asked a crucial question: "Who do you know that can help you with your problem?" This led him to discover private money through a fellow investor, Jeff Blankenship. Unlike traditional loans that often require personal guarantees and creaking through endless bank procedures, private money is sourced from individuals looking to invest their capital or retirement funds in real estate for attractive returns.The beauty of private money lies in its flexibility and accessibility. Whether you aim to purchase single-family homes, commercial buildings, or apartments, the structure remains consistent. The process is less about convincing hard money lenders and more about creating mutually beneficial relationships with people eager to see their money grow.The Role of Education and Relationship BuildingJay emphasizes the importance of educating potential lenders and establishing trust as fundamental to raising private money. His approach involves putting on his "teacher hat" rather than pitching deals out of desperation. By clearly explaining the investment opportunity, the security of their funds, and the expected returns, Jay reframes private lending from a transactional agreement to an educational and collaborative partnership. This helps in fostering long-term relationships where lenders are comfortable and eager to participate in future projects.To illustrate, Jay has developed a network of 47 private lenders, none of whom knew about private money until he explained it. His ability to attract constant investment is rooted in being transparent and providing sound knowledge about private lending, ensuring that both sides of the table feel informed and secure.Strategies for SuccessOne of the standout strategies Jay shared on the podcast is the benefit of having funds ready before contracting a deal. This involves separating the conversations about lending opportunities and specific deals, thus allowing investors to feel prepared and confident when entering negotiations. Unlike the conventional wisdom that suggests getting a deal and hoping for the funds to materialize, Jay insists on the contrary—having a financial plan beforehand empowers investors to act swiftly and assuredly.Moreover, he suggests structuring deals with flexibility in mind, such as offering interest-only payments, allowing lenders to earn consistently without reducing your cash flow during the holding period. This pragmatic approach to investor relations underscores Jay's philosophy of leading with a servant's heart and adds an appealing layer of security for lenders.ConclusionJay Conner's journey and expert

***Guest AppearanceCredits to:https://www.youtube.com/@TheMHPExchange "How To Find The Money To Finance Your Next Deal"https://www.youtube.com/watch?v=FC635vBeyTA  Navigating the world of real estate can often feel like traversing a maze, especially when it comes to securing funding for your deals. For those feeling daunted by the hurdles of traditional banking, Jay Conner, renowned as the "Private Money Authority," shares invaluable insights into how investors can break free from the constraints of conventional lending methods.Jay's journey into private money lending began out of necessity back in 2009, during the global financial crisis. Like many real estate investors at that time, Jay found himself in a bind when his reliable line of credit from the bank was abruptly closed. However, rather than seeing this as a setback, Jay turned it into an opportunity to explore alternative funding sources. This exploration introduced him to the world of private money—a realm that would transform his real estate career.Private money lending involves working with individuals who are willing to lend their personal investment capital in exchange for attractive returns. Unlike traditional banks, which often impose stringent credit checks and collateral requirements, private lenders offer flexibility, allowing you to make your own rules. Jay emphasizes that the cornerstone of his success in this arena has been education and relationship-building. By wearing his "teacher hat," he educates potential private lenders about the secure, high-return opportunities available through real estate investments.One of the key insights Jay shared on the podcast is the importance of investing in your local community—an approach he prefers, as it allows him to maintain better oversight of his investments. However, he notes that private money principles are versatile and can be applied across various real estate asset classes, from single-family homes to mobile home parks.Jay's strategy pivots around the concept of a "good news phone call," a unique approach he uses to fund deals without ever explicitly asking for money. After educating individuals on private money, Jay simply calls them with news of a potential investment that matches their pre-discussed funding capability. This approach is not just about maintaining control over investments but also about offering genuine value to lenders by securing their investments with real estate, therefore ensuring that both parties benefit.The podcast also highlighted an often-overlooked avenue—self-directed IRAs. For those with retirement accounts, directing funds into real estate can yield higher returns compared to traditional investment vehicles. Jay reiterated the importance of establishing a relationship with a self-directed IRA company, thus providing an additional pathway for potential investors to engage in real estate funding.Jay's emphasis on mindset—"owning the real estate between your ears"—is pivotal. Many potential investors are held back by fear and a scarcity mindset, unaware of the abundant capital available for real estate deals. Jay's narrative breaks these barriers, demonstrating that with confidence, knowledge, and the right network, securing private money can be a seamless process.Entrepreneurs and real estate newcomers alike stand to gain from Jay's wealth of knowledge, particularly those eager to explore non-traditional funding routes. His book, "Where to Get the Money Now," which he generously offers for free (just cover shipping), is an excellent starting point for anyone looking to delve deeper into private money lending.This episode is more than just a guide to securing funding—it's an empowering call to action for investors

***Guest AppearanceCredits to:https://www.youtube.com/@drchrisloomdphd "Unlock Real Estate Success: Mastering Private Money Lending with Jay Conner"https://www.youtube.com/watch?v=so-s2bKVElA&t=67s In the world of real estate investing, securing funding can be one of the most critical challenges. A rigorous, time-consuming process often accompanies traditional bank loans, and the limitations they impose can stifle even the most promising deals. Enter private money lending—a game-changer for real estate investors, offering a flexible and efficient alternative that can help you seize opportunities without the usual headaches.The Journey to Private MoneyTake it from Jay Conner, a seasoned real estate investor featured on Dr. Christopher Loo's Financial Freedom Podcast. His journey into the realm of private money began out of necessity. After years of dealing with banks and having his line of credit unexpectedly pulled during a financial crisis, Jay turned his attention to private lenders—individuals who were willing to invest their funds for a solid return. This pivot not only saved his business but opened up a wealth of opportunities.Why Private Lenders Are Attracted to Real EstateJay Conner outlines several key reasons why private lenders are drawn to real estate investments. First, they earn impressive returns, far surpassing the interest rates of traditional savings accounts or CDs. While he has consistently offered his lenders an 8% return, even in volatile markets, such rates are enticing compared to the low returns at traditional banks.Second, private lenders appreciate the security real estate investments offer. Unlike stocks, which can be highly volatile, real estate deals provide a stable principal, backed by tangible assets. Lenders have the added security of a promissory note collateralized by the property, reducing their risk.Third, private lending is straightforward. Lenders know exactly what their returns will be without the unpredictability of market fluctuations. This reliability makes it an attractive option for individuals seeking to diversify their income streams with minimal stress.The Distinction Between Private and Hard MoneyIt's important to understand that private money lending is distinct from hard money lending. While both serve as alternatives to traditional financing, hard money lenders typically operate as brokers, charging higher interest rates and fees. In contrast, private money lending involves direct relationships between investors and individual lenders, offering more favorable terms.As Jay explains, private lenders are not institutions but real people who are eager to invest their savings or retirement funds into real estate. This personal connection often results in more favorable lending terms, such as no origination fees, lower interest rates, and no extension fees, allowing investors the flexibility to get paid when they buy properties.Building Credibility with LendersGaining the trust of private lenders hinges on credibility. New investors can begin by tapping into their existing networks—friends, family, colleagues, or acquaintances who might be interested in becoming private lenders. Expanding one's network can also be achieved through platforms like Business Networking International (BNI), where professionals connect to share leads and explore investment opportunities.Additionally, partnering with self-directed IRA companies can lead investors to individuals who are already familiar with private lending. These existing lenders may require negotiation, but can provide a valuable source of funding.ConclusionPrivate money lending can revolutionize your real estate investing venture by p

The Midwest Real Estate Investor Conference is now less than one month away—join us April 24-25 at DeVos Place in Grand Rapids, Michigan for two days of high-level strategy, networking, and growth. Register today at midwestreiconference.com. In this speaker spotlight, we feature Jay Conner, real estate investor and private money expert. Jay will be a Featured Speaker, presenting “How to Raise Private Money for Real Estate—Without Asking for It.” In this preview, Jay shares how he raises unlimited private funding without chasing, pitching, or persuading. He explains why private money is more accessible than ever in 2025, how institutional lending has opened the door to new opportunities, and why the key to success lies in mindset—not sales tactics. Jay Conner will be speaking on Friday, April 25. Don't miss it—register now at midwestreiconference.com. Episode Highlights: Why private money is more available than ever in 2025 The difference between private money and hard money How Jay raises capital without asking for it Why mindset is the most important tool for raising capital How to eliminate fear of rejection when funding your deals Guest: Jay Conner – Featured Speaker, Real Estate Investor & Private Money Expert Join us at the Midwest Real Estate Investor Conference on April 24-25, 2025, in Grand Rapids, Michigan. Get your tickets now at midwestreiconference.com.

In the ever-evolving world of real estate investment, flexibility and innovation often pave the way to success. One such innovative strategy that has gained traction among savvy investors is the "subject to" method. This approach allows investors to acquire properties by taking over existing mortgages, offering a unique blend of flexibility, speed, and opportunity. In this blog post, we delve into the insights shared by real estate expert William Tingle, as he discusses the nuances of creative financing in his conversation with Jay Conner.What is a "Subject To" Deal?A "subject to" deal is a real estate transaction where the buyer takes over the seller's existing mortgage without formally assuming the loan. In this arrangement, the mortgage remains in the seller's name, but the purchaser takes ownership of the property and continues making the payments. This strategy often bypasses the traditional financing process, offering an intriguing solution for both buyers and sellers facing unique situations.The Mechanics Behind the StrategyWilliam Tingle, an experienced investor who has completed over 500 subject-to transactions, emphasizes the simplicity and legal foundation of this approach. These deals hinge on understanding and navigating the due-on-sale clause, a standard component of mortgages since the 1980s. This clause gives lenders the option to demand full repayment if the property is sold. However, as Tingle highlights, this option is rarely exercised as long as the payments are made on time and the loan remains in good standing.The genius lies in the practicality — investors keep the payments current, ensuring the lender rarely has a reason to call the loan due. This method allows investors like Tingle to acquire properties even when traditional financing would be cumbersome or slow.Why Sellers Opt for "Subject To" DealsOne might wonder why a seller would agree to leave their mortgage in someone else's hands. Tingle clears up the misconception that only desperate sellers or those in financial distress consider this route. Many sellers choose the "subject to" method for its speed and convenience. Individuals facing relocation for personal or medical reasons might opt out of the lengthy selling process to avoid holding two mortgages. Others may have unique circumstances, like preserving their credit while avoiding foreclosure, that make this an appealing solution.The Role of Private MoneyCombining subject-to strategies with private money amplifies the financial flexibility available to investors. Jay Conner points out that creative financing doesn't end with taking over mortgages; it can extend to raising private money for property improvements or bridging the gap between acquisition and resale. This approach unlocks additional avenues for generating cash flow and leveraging opportunities in real estate markets.Building Trust in Creative FinancingTrust and transparency form the backbone of successful subject-to transactions. William Tingle underscores the importance of clear communication with sellers. By providing reassurance through testimonials and being upfront about potential risks, investors mitigate apprehensions and lay a solid foundation for collaboration. Tingle's business thrives on its track record and positioning as a reliable problem-solver, helping people navigate the complex landscape of real estate with confidence.The Bottom LineCreative financing, particularly through subject-to deals, offers an innovative path in real estate investing. For those equipped with the knowledge and creativity to harness this strategy, it can lead to lucrative opportunities and significant cash flow. William Tingle and Jay Conner's discussion highlights the potential within this method, encouraging investors to think outside the conventional realm and explore the advantages of creative financing

When investors think of diversifying their portfolios, the immediate thought often veers towards stocks and bonds. However, as markets evolve and become increasingly volatile, alternative investment strategies are gaining traction among savvy investors. The podcast episode featuring Thomas McPherson, led by Jay Conner, provides valuable insights into how real estate and private lending can serve as powerful tools for financial growth and stability.The Value of Private MoneyOne of the key themes discussed in the episode is the role of private money in real estate investments. Unlike institutional financing, which can be laden with complex processes and stringent requirements, private money offers flexibility and a more personal touch. Tomas McPherson emphasizes the advantages of using private funds, which often result in uncorrelated returns compared to traditional stock investments. This aspect of diversification is crucial, especially in uncertain economic times.Lukrom I Fund: A Case StudyTomas McPherson outlines the workings of the Lukrom I Fund, a private money loan fund dedicated to real estate investors. The fund is heralded for its conservative approach, aiming for consistent and reliable monthly income. With a Loan-to-Value (LTV) ratio of 52%, the fund provides a layer of safety for investors, safeguarding their interests unless the market experiences severe declines exceeding 65%.Investors in the Lukrom I Fund can expect returns between 7% to 10%, which, while modest, are stable and less prone to market fluctuations. The fund's "first loss commitment," where owners absorb losses up to $5 million, further underscores the alignment of interests between fund managers and investors.Expanding Horizons: Aggressive Lending and Opportunity ZonesBeyond the Lukrom I Fund, Thomas McPherson introduces the concept of more aggressive investment vehicles, such as the soon-to-launch Lukrom Mending Fund. These funds offer higher pay rates but also carry increased risk, suitable for investors with an appetite for bolder endeavors.Moreover, opportunity zone projects are highlighted as significant undertakings for long-term wealth accumulation. Thomas McPherson's involvement in over $100 million worth of these projects showcases the potential of strategic real estate investments. Opportunity zones provide tax benefits and encourage investments in economically distressed communities, aligning financial gain with community development.Building Trust and ConfidenceAnother intriguing discussion in the episode revolves around the psychological aspects of investing. Thomas McPherson recounts his challenging trek—a metaphor for the investment journey—emphasizing the importance of self-belief and validation from supportive networks. His advice of "gathering positive affirmation" and engaging in personal interactions rather than relying solely on digital tools resonates deeply in a world brimming with virtual connections.Educating Investors: A Shared GoalJay Conner's approach to attracting private lenders through education, rather than solicitation, was another focal point. By teaching prospects about private lending and the nuances of self-directed IRAs, investors are empowered with knowledge that shapes their financial journeys.Both Thomas McPherson and Jay Conner stress the importance of relationships based on trust. Personal connections, whether established through investor dinners, unique networking strategies, or shared interests, form the backbone of successful investing. This emphasis on relationship-building is integral to sustaining long-term partnerships.Conclusion: Embrace the New Era of InvestingThe insights shared by Thomas McPherson and Jay Conner are not just about embracing alternative investments but also about reshaping how we think of risk, trust, and community involvement in our

In the ever-evolving world of real estate, striking a perfect balance between strategy and innovation is crucial. For many aspiring investors, the question often is, "How do I start and build a successful portfolio?" Look no further than Ryan Chaw's proven approach, which emphasizes student housing, automation, and smart property management.From Pharmacy to Real Estate MogulRyan Chaw's transition from a full-time pharmacist to a successful real estate investor is both extraordinary and inspiring. By leveraging a "room hacking system," he managed to multiply his rental income and accumulate significant wealth by the age of 28. At 31, Ryan retired from his pharmacy career, choosing instead to live off his rental income. His journey underlines the potential of real estate investment as a means to achieve financial freedom.The Power of Room HackingCore to Ryan's strategy is the concept of renting out single-family homes by the room, a model that significantly increases rental income as compared to leasing an entire property. For instance, by renting bedrooms individually at rates like $700 each, he maximizes earnings, often tripling the income compared to traditional rentals. His properties consistently generate substantial monthly cash flow even after mortgage and operational expenses, showcasing the financial viability of this model.Automated Tenant ManagementRyan's system relies heavily on automation and virtual assistance to streamline tenant management. By employing virtual assistants in the Philippines, he efficiently manages marketing, customer service, and day-to-day operations. This international team helps cut costs while ensuring smooth property management.Ryan's approach includes using automated platforms like Avail to list properties across various housing sites, coupled with Google Apps Script to manage lead responses automatically. He's also able to scrutinize and select quality tenants using his PRIME method, thus ensuring stability and reducing tenant turnover.Focused Strategy in Diverse MarketsRyan's success spans across various cities, from Sacramento and Stockton in California to Huntsville, Alabama, and Cleveland, Ohio. His focus primarily targets students in graduate programs, ensuring a reliable tenant base that seeks affordable yet quality housing. By avoiding distressed property purchases and instead acquiring properties at market value, Ryan's model distinguishes itself from traditional real estate strategies.Renting by the Room: A Community ApproachWhile some might view room sharing as unconventional, Ryan finds that many students prefer this co-living model as it tends to be more affordable than campus housing or apartments. By maintaining shared common areas and ensuring amenities like furnishings are provided, these properties become attractive options for students. Moreover, local "boots on the ground" and incentivized students also assist in property tours and maintenance, creating a community-driven management approach.Achieving Real Estate Success for New InvestorsRyan is a strong advocate for new investors starting as soon as possible. His blueprint suggests that with the right number of properties—typically around 4-5—an investor can replace their traditional job income over 5-8 years, achieving financial freedom. Properties under his model yield between $1,500 and $4,000 in monthly net cash flow, enabling investors to build a sustainability-focused portfolio.Resources and SupportFor those eager to dive into real estate, Ryan offers a free PDF guide on his website, which outlines how to get started. Jay Conner, a host who collaborates with Ryan, also provides valuable resources for understanding the role of private money in real estate deals.Ryan's journey and system demonstrate that success in real estate isn't merely about owning pr

In the rapidly evolving world of real estate, having the right mindset often sets apart the successful investors from the rest. Gino Barbaro, a seasoned real estate investor and author, sheds light on this pivotal concept in a recent podcast episode of Raising Private Money with Jay Conner. The discussion underscores not only the significance of mindset but also the art of attracting private money in a field often dominated by skepticism and fear.From Scarcity to Abundance: A Mindset TransformationGino Barbaro opens up about his early life, shaped by immigrant parents whose scarcity mindset dictated their relationship with money. This foundational outlook sowed seeds of fear and limiting beliefs, turning money into a source of anxiety rather than empowerment. However, Gino's journey into real estate catalyzed a profound shift. He learned that success wasn't about chasing money but creating value.One of the defining moments in Gino's career was realizing profit is merely the fuel for his ventures, not the endpoint. By treating profit as a facilitator rather than a goal, he found joy and freedom in raising capital, redefining his relationship with money from one of scarcity to abundance.Attracting Capital: The Art of Storytelling and RelationshipsJay Conner and Gino Barbaro share strategies for raising private money, emphasizing the narrative and relational aspects. In Gino's experience, multifamily investing requires more than understanding business mechanics (buying, financing, managing). It demands creating a compelling story about the investment and the investor's journey. Investors are more inclined to invest in people they trust, making personal conversations and genuine connections essential.Jay Conner supports this approach, highlighting that he has never aggressively pitched deals. Instead, he adopts an educational stance, nurturing relationships with potential lenders by focusing on value and service.Confidence Through Knowledge and PartnershipConfidence is another cornerstone of successful capital raising. Gino advises newcomers to bolster their confidence through rigorous study and real-world practice, often by partnering with seasoned investors. His transformation from an Italian restaurant owner to a full-time multifamily investor stands as a testament to the power of self-reinvention.During a pivotal negotiation, Gino embraced a new identity, shedding the "pizza guy" label and adopting that of a real estate investor. This change in self-identification provided clarity and motivation, demonstrating that confidence often emanates from how one sees oneself.Community, Relationships, and Continuous LearningBoth Conner and Barbaro stress the importance of community and relationships in building a successful real estate career. Isolation can stifle growth, whereas engaging with a community can enhance learning and confidence. For Gino, partnerships with individuals who share his values, like his business partner Jake and his wife Julia, have been instrumental in his success.Moreover, Gino's educational approach reminds us that learning is an investment. Whether through formal education or hands-on experience, continuous learning equips investors with the tools needed to navigate the complexities of real estate.Creating a Legacy of Value: The Happy Money ParadigmGino's new book, "Happy Money, Happy Family, Happy Legacy," delves into the intricate relationship between money and real estate. It challenges readers to consider not only financial legacies but also values-driven ones. By understanding why we pursue real estate, we align our financial goals with our intrinsic values, creating a more fulfilling pursuit.In conclusion, the path to success in real estate investing is paved with self-awareness, relational intelligence, and a commitment to continuous learning. By redefining our

***Guest AppearanceCredits to:https://www.youtube.com/@larryshakman "The Real Estate Radio Show | Jay Conner | The Private Money Authority"https://www.youtube.com/watch?v=PdyWho_RwPg&t=244s In the world of real estate investing, access to funding is crucial. Jay Conner, a seasoned expert in private money lending, brings a wealth of knowledge to those looking to elevate their investing game. On a recent episode of the Raising Private Money podcast, Jay Conners joins Larry Shakman on the Real Estate Radio Show, and shares how private money transforms the landscape for investors and why it could be a game-changer for those looking to enter the market without depending on traditional bank loans.The Concept of Private MoneyPrivate money in real estate revolves around securing funds from individual investors rather than institutional lenders like banks. Jay explains that this approach provides unparalleled flexibility. As a borrower, you can set the terms and conditions, including interest rates, loan periods, and the loan-to-value ratio. This power dynamic shift is significant compared to the traditional loan process, where banks dictate terms.Why Choose Private Money?Jay outlines several strategic advantages of using private money:Control Over Terms: As the borrower, you establish the rules—eliminating the tedious approval processes and credit checks typically required by banks.Fast Access to Funds: Investors can close deals quickly, often within seven days, making their offers more competitive in fast-moving markets.Unlimited Potential: Because there is no limit to the number of private lenders you can work with, there's also no cap on the amount you can borrow. This provides a pathway to scaling your investment portfolio more aggressively.Building Relationships with LendersJay emphasizes the importance of cultivating relationships with potential lenders, often within one's personal or professional network. Many individuals are not aware of the benefits of shifting their investments from traditional savings to real estate through self-directed IRAs or liquid capital. By educating them, investors open up new avenues for funding. Jay shares an anecdote about raising over $2 million in less than 90 days just by teaching his network about private lending.Finding Motivated SellersUnderstanding where to find deals is as crucial as having the funds to purchase them. Jay discussed how he connects with motivated sellers, focusing on for-sale-by-owners (FSBOs) and properties not listed on the traditional market. He leverages Google pay-per-lead vendors, ensuring that potential sellers reach out to him, creating warmer and more fruitful conversations. This proactive approach not only saves time but also enhances negotiation power by making investors a welcome guest rather than an unsolicited cold caller.Structuring Deals for Maximum ProfitJay outlines a threefold strategy for maximizing profits on deals:Buying Right: Use private money to purchase at a discount and always aim to buy a property at 50% or below the after-repaired value.Efficient Selling: Whether flipping or opting for a rent-to-own agreement, the goal is to secure a substantial return on investment quickly.Receiving Multiple Checks: Jay's method ensures investors receive payments at different stages—when buying, holding, and selling. This flow of funds supports the cash flow and adds to the profitability of each transaction.ConclusionJay Conner's insights on private money reveal a blueprint for real estate success that goes beyond traditional financing methods. By tapping into private money and strategically appr

Struggling to fund your real estate deals because banks keep saying no? In this episode of The Richer Geek Podcast, learn how to raise unlimited private money without ever asking. Say goodbye to traditional loans and slow approvals, and discover how to secure funding on your terms. Our guest, Jay Conner, has been a real estate investor since 2003, rehabbing over 450 homes and averaging more than $71,000 in profit per deal. With over $52 million in completed real estate transactions and experience mentoring more than 2,000 investors, Jay is a leading expert in private lending. He shares his proven system for attracting private lenders, building long-term funding relationships, and automating a seven-figure real estate business. Stop leaving money on the table and discover the strategies top investors use to scale their portfolios, secure private capital, and achieve financial freedom. In this episode, we're discussing: The Power of Private Money: Jay discovered private money after banks stopped lending to him, transforming his real estate business. Raising Millions Without Asking for Money: He developed a system to attract private lenders by educating them on safe and secure high-return opportunities. The Impact of Losing a Line of Credit : A sudden loss of bank funding in 2009 forced Jay to find alternative financing, which led to his breakthrough. Leveraging Self-Directed IRAs: Many private lenders use self-directed IRAs to fund deals tax-free or tax-deferred, a strategy unknown to most investors. Teaching, Not Selling: Instead of asking for money, Jay educates potential lenders on how they can benefit from private lending. Hosting Private Lender Luncheons: He raised nearly $1M in a single luncheon by providing value and explaining the opportunity. The “Good News” Call Strategy: Once a lender is educated, Jay calls with a deal, assuming they're ready to fund, removing any sense of desperation. Business Growth During a Financial Crisis: While others struggled in 2009, Jay's access to private money allowed him to triple his business. Learn the private money process: Jay offers a 7-day "Private Money Challenge" at privatemoneychallenge.com, for step-by-step training.      Resources from Jay Conner     LinkedIn | JayConner.com       Resources from Mike and Nichole     Gateway Private Equity Group |  Nic's guide | Franchise With Bob  

***Guest AppearanceCredits to:https://www.youtube.com/@jerryscarlato "Becoming Resilient, Private Lending, and Your Money Mindset with Jay Conner"https://www.youtube.com/watch?v=-w-a6JPweUk&t=96sReal estate investing often requires substantial capital, and navigating the funding landscape can be daunting for both seasoned and new investors. In the recent episode of the Raising Private Money podcast, Jay Conner joins Jerry Scarlato in the Good Wolf Project podcast where they delve into the nuances of raising private money—a strategy that can redefine your approach to real estate investments. Understanding the Difference: Hard Money vs. Private MoneyIn the world of real estate, financing options are plentiful but can often be confusing. Jay Conner explains a common misunderstanding between hard money and private money. Hard money typically comes from brokers who pool and lend funds from individual investors, charging high interest rates and fees. This traditional route involves jumping through numerous hoops, including credit checks and financial disclosures, which can be time-consuming.Conversely, private money is a more direct transaction, where a real estate investor borrows money from an individual, cutting out the middleman. Here, the investor sets the terms, interest rates, and payment schedules, providing a more flexible and tailored financing option. This approach eliminates the need for borrowing from traditional banks or hard money lenders, offering more autonomy and speed in closing deals.Navigating the Challenges with a Resilient MindsetReal estate investing is not without its hurdles. During the conversation, Jerry and Jay highlight the importance of resilience when facing financial setbacks. Jay shares his experience during the 2008 financial crisis when he unexpectedly lost his line of credit with a local bank. This pivotal moment pushed him towards private lending, leading to a successful reevaluation and expansion of his business model.The key to overcoming challenges is adopting a proactive mindset. Rather than seeing obstacles as insurmountable problems, Jay emphasizes responding constructively and connecting with the right people who can facilitate solutions. This mindset shift from "victim" to "victor" is essential for navigating the volatile waters of real estate investing.The Power of Community and MentorshipAnother critical element of success in real estate investing is surrounding oneself with like-minded individuals and mentors. Jerry and Jay underscore the transformative impact of joining mastermind groups and engaging in communities that foster collaboration and learning. Jay recounts how mastermind groups have expedited his success by providing access to a wealth of experience and insights from industry peers.Learning from seasoned investors and sharing experiences can significantly decrease the learning curve, preventing costly mistakes and leading to more informed decision-making. As Jay aptly puts it, "What got you here today will not get you there tomorrow."Building a Sustainable Strategy for Raising Private MoneyTo successfully raise private money, Jay advises a strategic approach focused on education and relationship-building. By teaching potential lenders about the benefits of private lending and offering them a secure and appealing investment opportunity, investors can attract capital without resorting to high-pressure sales tactics. He demonstrates the power of seamless communication and structured programs in cultivating a network of private lenders eager to invest.Prospective investors can start small by hosting informational luncheons or one-on-one meetings to share insights about private lending programs. By

Bro' Seko learns and earns with Private Money Authority, Jay Conner.

In an enlightening episode of the 'Raising Private Money' podcast, host Jay Conner is joined by Brian Davis, a seasoned real estate expert. Having founded the innovative Spark Rental, Brian shares invaluable insights on how both novice and experienced investors can achieve financial freedom through co-investing and private money. Coupled with his advice on intentional lifestyle design, Brian presents a blueprint for transforming how we perceive work, time, and investments.The Concept of Co-Investing: A Gateway for Middle-Class InvestorsThe cornerstone of Brian's approach lies in making real estate investments accessible to middle-class investors. His Co-Investing Club offers a compelling solution, allowing members to pool resources and bypass the traditionally prohibitive entry costs of real estate syndications and equity funds.Unlike conventional investments, which require significant capital, the club invites members to engage with just a $5 minimum investment. This model not only opens doors for those with limited resources but also offers diversification for those with larger investment capabilities. Through collective vetting of high-return, low-risk opportunities—deemed "asymmetric returns" by Brian—the club democratizes access to quality real estate investments.Demystifying Asymmetric Returns: High Gains, Low RisksBrian introduces the idea of asymmetric returns, challenging the traditional assumption that high returns are inherently tied to high risks. Instead, he encourages a more nuanced view, recognizing investments as multifaceted opportunities influenced by factors beyond risk and return.For instance, liquidity, time commitment, and investment minimums play pivotal roles in crafting a balanced portfolio. By understanding these dynamics, investors can seek opportunities that offer substantial returns with controlled risk exposure. Brian's investment club is a testament to this, strategically positioning its members to tap into diverse, high-performing assets without conventional barriers.The Role of Lifestyle Design in Financial FreedomBeyond investments, Brian advocates for conscious lifestyle design—a principle that resonates deeply with his life as an expatriate. With his family, Brian has crafted a lifestyle that prioritizes experiences and financial efficiency over traditional job constraints. By leveraging international living, they enjoy significant cost savings while accessing rich cultural experiences.Lifestyle design is more than a trending concept. It's an intentional process where individuals identify their core values and align their life decisions accordingly. Brian emphasizes the importance of financial planning, location independence, and work flexibility in this journey. By focusing on what truly matters, individuals can design lives that are not only financially sustainable but also deeply fulfilling.Steps to Your Ideal Life: Embracing the Five FreedomsBrian outlines a practical framework called the "Five Freedoms" to aid listeners in mapping their ideal lives:Financial Freedom: Eliminate financial stress by establishing a sturdy monetary foundation—encompassing budgeting, savings, and emergency funds.Time Freedom: Adjust your work schedule to gain control over your hours, enabling a healthier work-life balance.Location Freedom: Decide where you want to live and work, embracing opportunities that might lie beyond your current locale.Work Freedom: Pursue work that aligns with your passions and values, recognizing that true satisfaction often comes from doing meaningful work.Comprehensive Financial Independence: While complete financial freedom is desirable, achieving work freedom allows for a balanced fulfillment between personal dreams and financial responsibilities.Conclusion: The Journey AheadBrian's innovative inves

Jay Conner is a real estate investor, speaker, and author specializing in private money lending. Raised in Eastern North Carolina, he grew up in the mobile home industry, working alongside his father, who was once the largest mobile home retailer in the U.S. After the market collapsed in the early 2000s, Jay pivoted to flipping single-family homes, eventually averaging two to three deals per month with $86,000 in profits per flip. ⁣ For years, Jay relied on traditional bank loans—until the 2008 financial crisis cut off his funding overnight. Determined to find a better way, he discovered private money lending, a strategy that allowed him to raise $250,000 in just 90 days without relying on banks. Since then, he has completed over 500 real estate deals and now teaches investors how to secure funding through private lenders and self-directed IRAs. ⁣ As the author of Where to Get the Money Now, Jay shares his expertise on raising private capital, scaling real estate investments, and building financial freedom. Through his mastermind and coaching programs, he empowers others to succeed in real estate without the limitations of traditional financing.

In a recent episode of the Raising Private Money podcast, Jay Conner delves into the inspiring journey of Jonathan Broyles, a real estate investor from Lexington, Kentucky, who, along with his wife Cara, has been making waves in the industry since attending Jay's live private money conference in February 2022. With a remarkable track record of closing 17 deals and raising nearly $2,000,000 in private funding, Jonathan shares valuable tips and insights on how to leverage private money for real estate ventures.Understanding Private Money in Real EstatePrivate money is a powerful tool for real estate investors looking to bypass traditional banking methods. Unlike loans from banks or hard money lenders, private lending involves securing funds from individuals who act in the capacity of a bank, offering investors flexibility, speed, and fewer restrictions on their transactions.Jonathan, in his discussion with Jay, highlights the simplicity and efficiency of using private money. The traditional bank processes are often slow and laden with bureaucracies, which can be a hindrance for investors needing to move quickly on a property. Private lenders provide a smooth, straightforward financing process, allowing investors like Jonathan to close deals efficiently and with confidence.The Role of Private LendersPrivate lenders are typically everyday individuals dissatisfied with the returns from traditional investments such as CDs, money markets, or volatile stock markets. By investing in real estate through private lending, they secure a consistent and often higher rate of return, backed by the real estate itself.Jonathan emphasizes the importance of building relationships with these lenders. For him and Cara, the goal is to offer financial opportunities that benefit the lenders, creating a win-win situation. They source funds from savings accounts, money markets, and retirement accounts, transforming these into lucrative investments for their private lenders.Real-Life Impact: A Case StudyJonathan shares a compelling story of one of their private lenders, a widow who was previously earning a meager $750 annually from her money market investments. By shifting her funds to a private lending structure with Jonathan and Cara, her annual earnings skyrocketed to over $12,000. Such impactful changes illustrate the profound difference private money can make not only for investors but also for the lenders themselves.Benefits for InvestorsJonathan explains how private money offers several advantages over traditional financing for real estate investors. Firstly, it provides unparalleled speed, an essential aspect when competing for properties, especially those requiring quick solutions. Secondly, there are no limitations on the number of ongoing deals, offering investors the flexibility to expand and diversify their portfolios.Furthermore, using private money allows Jonathan and Cara to adhere strictly to financial safety measures for their investors. They ensure deals are never over-leveraged, maintaining a robust equity cushion and securing investments with mortgages similar to banks.A $1,250,000 Deal: A WalkthroughOne of Jonathan's most compelling examples is a current deal with an after-repaired value of $1,250,000. He explains their meticulous process: starting with finding the property through a reputable wholesaler, assessing the extent of necessary repairs, and calculating precise offer limits based on potential returns and costs.Even when the wholesaler's asking price was significantly higher, Jonathan and Cara's disciplined approach, sticking to their formulated offer based on realistic repair estimates and conservative valuations, paid off. The wholesaler eventually agreed to their terms, demonstrating the power of adhering to solid financial principles.Final ThoughtsJonathan Broyles' j

*** Guest AppearanceCredits to:https://www.youtube.com/@TheCREAMrealestate "How to raise private money without asking for money"https://www.youtube.com/watch?v=a58toe2v0oo Raising private money is often shrouded in misconception and apprehension. The intriguing podcast episode featuring Jay Conner, a seasoned expert in the field, hosted by Dave Payerchin and RJ Pepino, dismantles these barriers. Let's delve into the wisdom shared on the transformative power of mindset, strategic approaches to capital raising, and the pivotal role of education in dominating the real estate market.Mastering Mindset for SuccessJay Conner begins the conversation with an essential reality check – that the journey to successfully raising private money starts with owning the “real estate between your ears”. This metaphor encapsulates the fundamental idea that confidence, trust, credibility, and reliability are the cornerstones of exciting investment interest in potential partners. Jay stresses that one must exude these qualities from within to attract private lenders.Central to this is the mindset transformation from viewing oneself as a supplicant, dependent on the whims of traditional banking avenues, to adopting a posture of partnership and opportunity sharing. As Jay reveals, “The power is in the questions.” Asking who within your network can assist with your funding needs opens the door to new possibilities – a strategy that proved invaluable when traditional banks turned down their requests in 2009.The Educator's EdgeInnovation often comes through the simplest shifts in approach, and this podcast shines a light on the importance of education in raising private capital. RJ Pepino encapsulates this with the poignant statement, “He who educates the market dominates the market.” Jay echoes this sentiment by emphasizing how crucial it is to become a private money teacher, rather than a salesperson.By leading with a servant's heart, an investor can subtly but powerfully distinguish themselves as experts and stewards of opportunity, sparking interest in potential partners. Jay Conner has entirely reframed conversations with private lenders by first educating them about the potential of private money, often before even bringing up a specific deal. This signature move removes the “stink” of desperation, instead focusing on the abundant possibilities available to investors and private lenders alike.Key Strategies for Private Money SuccessJay articulates a vital strategy in capital raising: keeping investment discussions and deal presentations separately. This step is crucial in ensuring that discussions about opportunities remain educational, rather than transactional. By segregating these conversations, an investor positions themselves as a partner offering valuable knowledge, thus alleviating pressure and creating a natural entry point for later deal-specific discussions.Moreover, he highlights the benefits of flexibility through tools such as self-directed IRAs, which many potential lenders are unfamiliar with. By leveraging these tools, investors can offer novel ways for partners to gain substantial returns, guided through each step by the investor's knowledge and experience.Mindset and Success: The Symphony of GrowthThroughout the episode, Dave Payerchin and RJ Pepino passionately align with Jay Conner's vision, reminding listeners that mindset is not just about how one views the world, but also how one positions oneself within it. By exercising gratitude and positivity, even seasoned investors can further their growth and prosperity. "Focus on what you are sowing and let what you reap take care of itself," is a powerful mantra of this mindset.

***Guest AppearanceCredit to:https://www.youtube.com/@BryceMatheson "Raising Private Money Without Begging or Selling – with Jay Conner"https://www.youtube.com/watch?v=q5CLJHif2RsWhen it comes to real estate investment, securing funding is often the most daunting aspect of closing a deal. Jay Conner, a seasoned expert in private lending, offers invaluable insights for both budding and veteran investors. As discussed in a recent podcast hosted by Bryce Matheson, Jay breaks down the art of leveraging private money to fuel real estate ventures. Here's a comprehensive look at the strategies and insights shared by Jay Conner during the podcast episode.Understanding Private Money LendingPrivate money lending involves securing funds from individuals rather than traditional financial institutions. Jay emphasizes the significant role private money has played in transforming his real estate business, especially when traditional funding routes, like bank loans, become unavailable. For Jay, the journey into private money began out of necessity. In 2009, when his reliable line of credit was abruptly closed, he turned to private money following the advice of a fellow investor friend. This pivotal move not only sustained his business but enabled it to thrive.The Mindset of a Private Money TeacherOne key takeaway from Jay's approach is the mindset shift required to succeed in private money lending. He advises that instead of viewing oneself as desperate or in need of begging, one should adopt the role of a teacher. Jay emphasizes educating potential private lenders—ordinary people who might not even realize the potential of their idle funds—about the benefits and mechanics of private lending. This educational approach not only builds rapport but also establishes trust, which is crucial in this domain.Navigating the Private Money LandscapeJay shares a strategic method for managing and attracting private lenders without appearing desperate: separating the conversation about the lending program from the deals themselves. This involves first educating potential lenders about the attractive interest rates and security features of real estate investment, based on sound loan-to-value ratios. Only once they express interest does he present them with actual deals. This tactic keeps the process professional and positions the investor as someone offering an opportunity, rather than seeking a favor.Building and Expanding Your NetworkFor those concerned about a limited network, Jay suggests building connections through organizations like Business Networking International (BNI), which facilitates leads and introductions within professional circles. Additionally, Jay underlines the importance of using one's existing community connections, like church groups or local clubs, to identify potential lenders who are seeking better returns on their investments.Structuring Deals and Ensuring ComplianceIn his podcast discussion, Jay mentions the importance of structuring deals appropriately to remain compliant with SEC regulations, especially when involving multiple lenders per deal. By focusing on single-family home investments, he avoids complications with syndication and pooling, offering each lender a direct loan secured by a deed of trust. This approach not only offers peace of mind to the lenders but also simplifies the entire lending process.Rates, Terms, and TransparencyDespite market fluctuations, Jay Conner has maintained consistent interest rates—8% for first position and 10% for junior positions—since 2009. His transparent method of outlining lender benefits and security measures contributes to building a reliable investor network. Offering features like a 90-day call option for

In the world of real estate investing, the ability to raise and utilize private money can be transformative. Jay Conner, The Private Money Authority, engages in an enlightening conversation with Jeremy Beland, a seasoned real estate investor, about their journey in leveraging private money to build lucrative real estate portfolios. This blog post delves into the key insights and strategies discussed in their podcast episode, focusing on raising private money, educating potential lenders, and maximizing off-market deals.Understanding the Concept of Private MoneyThe Foundation of Private MoneyPrivate money refers to capital sourced from private individuals rather than traditional financial institutions. It allows real estate investors to fund their deals without the stringent requirements and red tape associated with bank loans. Jay Conner emphasizes that private money is vital for investors who want to avoid the hassle of traditional financing methods and need quick access to funds.The Misconceptions About Private LendersJeremy Beland dispels the myth that private lenders are always highly sophisticated, extremely wealthy individuals. Through his experience, Jeremy has found that private lenders are often regular people within one's network. These individuals might have savings in retirement accounts, home equity, or other untapped financial resources that they wish to invest for higher returns.Educating and Engaging Potential Private LendersThe Importance of EducationOne of the standout points in the podcast is the emphasis on educating prospective private lenders. Jeremy recounts how he would create brochures outlining deal details, projected returns, and property pictures to inform potential lenders. Educating them not only builds trust but also demystifies the investment process, making them more comfortable and likely to invest.Utilizing Social Media to Build CredibilityBoth Jay and Jeremy highlight the power of social media in establishing credibility and attracting private lenders. By consistently sharing details of deals closed, properties under contract, and success stories, investors can demonstrate their expertise and reliability. Jeremy mentions how posting regularly about his deals helped build his reputation, leading to people reaching out to him with investment interests.Strategies for Raising Private MoneyStart with Your Existing NetworkJeremy's advice for new investors is straightforward: begin by reaching out to contacts within your cell phone and social media network. He learned that often, individuals who seem unlikely to have investment funds might have savings or equity they are willing to invest. Not prejudging potential lenders can uncover unexpected opportunities.One-on-One Meetings and LuncheonsJay Conner shares his approach to educating potential lenders through one-on-one meetings at local cafes like Starbucks or organizing private lender luncheons. These settings provide a relaxed environment to explain the investment opportunity, answer questions, and build a personal connection.Maximizing Profits Through Off-Market DealsThe Power of Off-Market AcquisitionsJeremy Beland and his wife have thrived by mastering off-market acquisitions. These deals, not listed on the multiple listing service (MLS), often come with better negotiation opportunities and lower competition. Jay Conner and Jeremy agree that honing skills in off-market acquisition sales is pivotal for success in real estate investing.Pre-Marketing on MLS for Higher ReturnsJeremy introduces a strategy of pre-marketing deals on the MLS to maximize returns. With proper legal language and documentation, pre-marketing allows investors to attract a broader audience, potentially leading to higher sale prices. T

Click here to view the episode transcriptABOUT JAY CONNERJay Conner began investing in real estate in 2003. At the start of his career, he relied on his local banker and was able to put together a few deals. After years of feeling owned by the bank, he learned how to buy properties using creative financing, including subject to and using lease-options.  After the market crashed in 2008, he had to abandon everything he knew about how to finance his deals. Then he heard about the world of private money. He developed his own system for gathering millions of dollars for real estate deals. Jay's unique system allows him to enjoy 7-figure profits year after year.   THIS TOPIC IN A NUTSHELL: Jay's transition from traditional financing to private money Building trust and relationships with private lendersInvesting in Manufactured housing to single-family homesAdvantages of operating in a smaller marketThe distinction between private money and hard money lendingMechanics of Private Money and Self-Directed IRAsEducational conversations vs. Funding requestMisconception on raising capital Strategies for new investors to secure private moneyJay's new private money challenge About the book "Where to Get the Money Now" Connect with Jay KEY QUOTE: “The worst time to be raising money is when you need it for a deal.”    ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professionals that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.    #RealEstateInvesting #RealEstate #CreatingWealth #HardMoney #RaisingCapital #PrivateMoney #PrivateMoneyLending #PrivateMoneyAuthority #CreativeFinancing #DealFinancing #PrivateMoneyLenders #PrivateLenders #TraditionalFinancing #FundingSolutions #SellerCarryDeals #Loans #PrivateLending #SelfDirectedIRAs #ManufacturedHousing #InvestmentStrategies #HardMoneyLending #Acquisition #RealEstateInvestments #InvestmentOpportunities #SteadyCashFlow #LatestPodcastEpisode #PassiveWealth #JoinTheWINpod #DealDeepDive #WestsideInvestorsNetwork  CONNECT WITH JAY:Website: https://www.jayconner.comFacebook:  https://www.facebook.com/jay.conner.marketing Linkedin:  www.linkedin.com/company/jay-conner-private-money-authority-real-estate-investing X:  https://x.com/JayConner Jay's book: Where To Get The Money Now    CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/   For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties     Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Tiktok| @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  

***Guest AppearanceCredits to:https://www.youtube.com/@FusionNotes "Raising Private Money, with Jay Conner"https://www.youtube.com/watch?v=PF4zvLVu04Q&t=4s Raising private money is a crucial step for many real estate investors looking to grow their businesses. Understanding the mindset shift needed and how to strategize effectively can make a world of difference. In this episode, we'll delve into key insights from a recent discussion between Jay Conner,  the Private Money Authority, and Dan Deppen, host of the Note Investor podcast.Adopting the Right MindsetSwitch from Asking to AttractingOne of the foremost strategies Jay Conner emphasizes is changing your mindset from asking for money to attracting it. This mental shift transforms investors from beggars to educators. By leading with a servant's heart and imparting knowledge about private money to potential lenders, investors can attract funds without ever directly asking for them. This approach not only alleviates the fear of rejection but also positions you as a valuable resource to your lenders.Building Your Private Money ProgramKnow What You're OfferingHaving a clear, consistent program to offer potential private lenders is foundational in raising private money. Jay maintains a uniform program for all his lenders, covering interest rates, securing the funds, and the duration of the notes. This consistency helps build trust and makes the offering straightforward and attractive. Knowing exactly what you are offering allows potential lenders to clearly understand the benefits and terms, assuring them of the safety and profitability of their investment.The Power of TeachingEducating Potential LendersEducating potential lenders is crucial. Most of Jay's private lenders had never heard of private money or self-directed IRAs until he taught them. He conducts educational events and one-on-one meetings to explain how private money works and the benefits of using self-directed IRAs for investment. By taking on the role of a teacher, you can demystify the process for your lenders, showing them the promise of high returns and the security of their investments. This educational approach ensures that lenders are not just willing but eager to be part of your investment ventures.Leverage Networking GroupsExpand Your ReachNetworking groups, like Business Networking International (BNI), are potent channels for expanding your reach. These groups consist of individuals committed to helping each other grow their businesses through referrals. Leveraging these groups can amplify your message and attract more potential lenders. Regular attendance and participation in such groups can lead to valuable connections and opportunities to present your private money program in a supportive setting.Utilizing Self-Directed IRAsUnlocking Retirement FundsSelf-directed IRAs are a powerful tool for raising private money. They allow individuals to use retirement funds to invest in real estate or notes. Collaborating with companies like Directed IRA, where experts help prospective lenders set up their accounts, can significantly streamline the process. Self-directed IRAs offer a flexible and tax-efficient way for lenders to achieve high returns on their investments, thus making your program even more appealing.Maintaining and Managing RelationshipsBuilding Trust and Encouraging ReferralsTrust is paramount in maintaining relationships with private lenders. Once you've secured a lender and completed a deal, fostering that relationship can lead to valuable re

In a recent episode of the Raising Private Money podcast, Jay Conner, known as the Private Money Authority, hosted an inspiring session with Willie and Haruna Oyola. This husband and wife duo have successfully raised over $1,100,000 in private money for their real estate ventures, bypassing traditional banking routes. The conversation delved deep into their journey, their strategies, particularly buying properties subject to existing notes, and how they effectively leveraged private money to expand their portfolio.The Traditional Route vs. Private MoneyWillie and Haruna began their real estate journey in 2015 using conventional banking loans. These loans required substantial down payments and came with the stringent limitations set by banks. Eventually, they reached a point where the traditional method capped their growth potential. Discovering the world of private money through Jay Conner's podcast was a game-changer. Private lending offered flexibility and scalability, drastically different from the restrictive terms of traditional banks.The Journey to Raising Private MoneyThe Oyalas first educated themselves through Jay Conner's resources and soon attended a live Private Money Conference. This pivotal shift allowed them to break through significant barriers in raising private funds. Haruna played a crucial role by encouraging Willie to fully commit to the process. For newcomers interested in private money, the advice is straightforward: seek education and mentorship, as these can accelerate learning and execution in the field.How to Start: Networking and the Elevator PitchA crucial piece of advice shared by Willie and Haruna is the importance of networking and having a refined elevator pitch. An elevator pitch is a concise, compelling introduction to what you do, designed to spark interest in brief interactions. They emphasized the need to create a succinct pitch and leverage networking opportunities to share your goals and attract investors. This initial step is vital for anyone looking to raise private money.Understanding Subject-To DealsOne of the strategies that Willie and Haruna have effectively combined with private money is purchasing properties ‘subject to' the existing mortgage. This method allows investors to acquire properties without needing to secure new financing. It is particularly attractive when dealing with distressed sellers, as it provides a viable solution for them while offering favorable terms for the buyer.A Case Study: Maximizing Profit with Subject-To and Private MoneyThe Oyalas shared a compelling case study to illustrate the effectiveness of combining private money with subject-to-deals. They acquired a property with a high market value and a much lower existing mortgage at an advantageous interest rate. They supplemented this with private money to cover the seller's arrears, make necessary repairs, and provide the seller with some additional funds.This strategic use of private funds not only alleviated the seller's distress but also positioned Willie and Haruna to rent out the property by the room, targeting military personnel and contractors in their area. This approach ensures substantial positive cash flow, demonstrating the potential for high returns in similar deals.Conclusion: The Win-Win-Win ScenarioIn the world of real estate investing, combining private money and subject-to-deals presents a powerful avenue for growth and profitability. By educating people about private money and providing secure investment opportunities, Willie and Haruna created a win-win situation for all parties involved — the sellers, the private lenders, and themselves.For those eager to dive into real estate investing or to scale their existing operations, educating oneself, networking effectively, and leveraging innovative financing strategies could be the key to unprecede

Transitioning from flipping a house or two a year to managing a scalable, systematized business calls for expert insights and proven strategies. Enter Bill Allen, who shares the stage with Jay Conner on the "Raising Private Money" podcast to unlock the principles behind successful private money raising. Here's an in-depth look at the topics discussed, aiming to revolutionize your approach to real estate investing.Building Trust and ConfidenceOne of the first things Bill Allen emphasizes is the vital role of trust in raising private money. According to Allen, building a high level of trust and being authentic is foundational. He recounts the necessity of transferring trust from past roles, such as being a Navy test pilot, into new ventures like real estate. Friends, family, and professional connections are often the first people who will invest based on pre-existing trust.Allen's story is a testament to the power of integrity and reliability in establishing credibility. His advice is clear: believe in yourself first. Confidence is compelling and contagious. If you don't believe in your capabilities, potential investors won't either.The Importance of Framing: Investment vs. LoanJay Conner and Bill Allen agree on a critical semantic shift: talking about investments rather than loans. Conner points out that when you say "loan me money," that focuses on you, the borrower, not the investor. But when you talk about them investing, then the focus is on their benefit. This reframing not only positions you as a professional but also highlights the added value to potential investors, aligning with a servant's heart approach.Crafting Your Investor MatrixAllen introduces a powerful tool he uses: the Investor Matrix. This method involves creating columns for different phases of your life, such as high school, college, and various workplaces, and listing names of people you know from each phase. Bill emphasizes rating these connections from 1 to 5 based on trust and potential financial capacity.He elaborates that you should list out names of people you had relationships with during those times. This exercise often jogs your memory, revealing more potential investors than you initially thought possible.Leveraging Social MediaUsing social media to tell stories and plant seeds about your projects is another tactical approach discussed. Allen mentions how he makes use of Facebook and Instagram to share anecdotes about his private lenders' successes and how they enjoy high returns without managing property hassles. He believes that marketing is essentially storytelling, so sharing these stories online can effectively attract interest.Soft Approaches Over Hard PitchesJay Conner underscores the principle that desperation has a smell to it. This echoes Allen's advice to avoid pitching a deal too early and instead focus on planting seeds. Conversations should be natural and relational rather than transactional. For instance, when reconnecting with an old friend, you can share what you're up to and plant a seed about investing without pitching a specific deal.Allen provides a closing line for such conversations that removes pressure. He suggests asking if they know anyone who might be interested in these kinds of returns. This approach often leads to the person expressing interest themselves or referring you to someone else, removing the risk of outright rejection.Diversifying Investment OpportunitiesAs you grow in your venture, Allen advises creating varied investment opportunities to cater to different investor needs. Whether it's monthly payments through fix-and-flip projects or high annual returns via syndication and apartment deals, having multiple avenues ensures you can accommodate different investor preferences.Conclusion: Learning from the BestRaising private money takes ski

Jay Conner has been buying and selling houses since 2003 in a population of only 40,000 people with profits now averaging $82,000 per deal.He has rehabbed over 500 houses and been involved in over118 million dollars in transactions.Jay has completely automated his annual 7-figure income business to where he works less than 10 hours per week in his buying and selling house business.His passion is motivating and teaching other Real Estate Investors how they, too, can raise Private Money without ever asking for money.As a result, Jay has consulted one-on-one with over 2,000 Real Estate Investors.When he lost his lines of credit at the bank in 2009, Jay raised $2,150,000 in Private Money in less than 90 days when cut off from the banks.Jay is also a Commercial Real Estate Developer of shopping centers and condominium communities.He is a national speaker and presenter on the topics of Private Money, Foreclosures on This Side of COVID, Business Automation, and Personal Development.In addition, Jay is a 2-time National Best-Selling Author and a past president of Business Networking International.He and his wife, Carol Joy, reside in Morehead City, NC.Connect with Jay here:http://linkedin.com/company/jay-conner-private-money-authority-real-estate-investing/https://www.facebook.com/jay.conner.marketinghttp://www.JayConner.comFree Gift for listeners:JayConner.com/MoneyGuideGet Jay's Book, "Where To Get The Money Now.” Free with Shipping and Handling:www.jayconner.com/Bookhttps://www.thetimetogrow.com/the-expert-content-society-waitlist

Descriptions/Show Notes: In a recent episode of the "Raising Private Money" podcast, hosted by Jay Conner, The Private Money Authority, acclaimed financial strategist Damion Lupo shares his extraordinary journey from losing a 20 million dollar portfolio to rebuilding and growing his wealth beyond nine figures. In an enlightening conversation, Damion reveals not only the mistakes that led to his initial downfall but also the indispensable lessons that fueled his resurgence and shaped his future endeavors. Here's an in-depth look at the crucial elements discussed during the episode.The Humbling Journey from Loss to RebirthDamion Lupo's tale is one of resilience and determination. By the age of 30, he had amassed a 20 million dollar portfolio, only to lose it in the 2008 financial crisis, ultimately finding himself 5 million dollars in debt. Reflecting on the experience, Lupo highlights the significance of surrounding oneself with people who have weathered similar storms.Isolated during this turbulent period, he battled fear and doubt, a common plight for entrepreneurs who face major setbacks. His key advice is to cultivate a network of mentors and advisors—those who have the wisdom and experience to provide sound guidance when times are tough.Mastering the Art of PerseveranceDamion's comeback wasn't a quick fix but a deliberate, five-year period of introspection and strategic action. He explains the importance of not succumbing to ego and pride, instead focusing on gaining truthful insights from mentors who aren't afraid to offer tough love.This crucial period was spent not just recovering financially, but also re-evaluating what truly mattered to him.The Importance of Clear Purpose Over PassionA critical insight from Lupo's narrative is the emphasis on having a purpose. He advises focusing on a mission that transcends personal gain. According to Lupo, passion alone is fleeting and can easily falter under pressure.For him, the primary mission became freeing people from financial shackles, inspired deeply by personal experiences, including his father's late-life financial struggles.Frametec: Revolutionizing the Housing IndustryOne tangible way Damion lives out his purpose is through Frametec. The innovative company aims to solve the housing crisis by using advanced technology to produce home components with greater efficiency and less waste. Frametec's goals align perfectly with Lupo's mission of creating impactful, positive change.Frametec is committed to building houses that are 10 times better, with 99% less waste. The drive to serve others through groundbreaking solutions underpins the success of Frametec and fuels its ambitious expansion plans.The 10-Year Millionaire Action PlanTo help others achieve financial freedom, Lupo created the 10-Year Millionaire Action Plan, aimed at guiding individuals to a solid financial footing without the ever-looming stress of monetary scarcity. This playbook is available through Turnkey Retirement, offering a structured path to a 10 million dollar net worth.Damion's plan is designed to build confidence and empowerment around investing and finances, much of which stems from his own firsthand experiences and subsequent successes.Transforming Setbacks into SuccessDamion Lupo's journey underscores the vital importance of resilience, continual learning, and serving others. By sharing his story and the strategies that propelled his comeback, he offers a roadmap for others to follow. From his innovative work with Frametec to his comprehensive action plans for financial well-being, Damion exemplifies how turning personal adversity into a mission-driven career can create lasting success for not just oneself but for society at large.Damion's insights serve as a powerful reminder: setbacks are inevitable, but with p

In the latest episode of Raising Private Money with Jay Conner, our esteemed guest Scott Aaron, a seasoned entrepreneur and LinkedIn expert, shares his inspiring resilience journey and the transformative power of leveraging LinkedIn for business success. Scott's story is a compelling testament to the power of mindset, community, and strategic action in overcoming life's toughest challenges.The Art of Resiliency: Scott Aaron's JourneyScott Aaron's journey is not just about entrepreneurial success but about mastering the art of resilience. Jay Conner introduces Scott's story, noting his initial triumph in selling his first business for a million dollars and his subsequent challenges, including facing a multimillion-dollar liability debt. Despite these setbacks, Scott never viewed them as failures but as the foundations of his comeback story.Growing up, Scott was thrust into leadership at a young age when his father, also an entrepreneur, was incarcerated. Taking over the family fitness business, Scott navigated significant personal and professional challenges. His father's advice to be his person rather than trying to emulate someone else was pivotal in shaping Scott's resilient mindset.Key Lessons in Overcoming AdversityScott emphasizes two key lessons from his experiences. Firstly, maintaining a positive outlook and focusing on solutions rather than problems. He believes that no matter what problem someone is facing, there is likely a solution for it. This mindset helped him to constantly find solutions and move forward.Secondly, Scott highlights the importance of putting pride aside and not being afraid to ask for help. He recalls a crucial turning point when a friend's question about his business sustainability prompted him to seek new opportunities. This openness to seeking help and learning from others was instrumental in his transition from the fitness industry to leveraging LinkedIn for professional growth.LinkedIn: From Personal Struggle to Business TriumphScott's shift to LinkedIn began out of necessity. Realizing that his in-person fitness training model wasn't sustainable for a fulfilling family life, he sought ways to reach his clientele online. Identifying LinkedIn as the ideal platform, he started connecting with business professionals and, within six months, matched his in-person earnings through online coaching.This success led to the realization that LinkedIn could solve a significant problem for others in his industry. Encouraged by a friend's feedback, Scott developed a business model around teaching others his LinkedIn strategies, which has since grown into a thriving enterprise. Together with his wife, Scott now runs multiple companies, all leveraging the power of LinkedIn to enhance business growth.Tips for Leveraging LinkedIn EffectivelyScott shares valuable insights on how to maximize LinkedIn for business growth. He emphasizes the importance of optimizing your LinkedIn profile with relevant keywords, professional descriptions, and showcasing testimonials. Here are some key takeaways:Profile Optimization: Ensure your LinkedIn profile is fully optimized with keywords that your ideal client or business partner might search for. This includes a detailed headline, a comprehensive about section, and a well-presented experience section.Networking Over Selling: Focus on building relationships rather than selling. Avoid spamming potential connections with generic, sales-focused messages. Personalize your communication to build genuine connections.Social Proof: Gather and display recommendations and testimonials on your profile. These serve as powerful social proof of your expertise and credibility.Continuous Engagement: Stay active by creating valuable content, engaging with your network's posts, and consistently connecting with new potential clients or partners.

Looking to fund your next real estate deal or business venture without the hassle of traditional banks? In this episode, we dive deep into private money lending, exploring how investors and entrepreneurs can leverage private capital to scale their businesses. Learn the benefits of private lending, how to find private lenders, and the key terms and risks involved. Whether you're a real estate investor, business owner, or someone interested in alternative financing, this episode provides actionable insights to help you secure private funding and grow your wealth.  What is private moneylending? How to find and approach private lenders Key benefits vs traditional bank loans Understanding terms, risks, and legal aspects How to build trust with investors Tune in now to discover how private money lending can be a game-changer for your investments!Jay ConnerFacebook/jay.conner.marketingYou Tube - Raising Private Money with Jay ConnerPodcast - Raising Private MoneyMy Men Richard/Richard Lesperancerichard.lesperance@gmail.com⁠⁠https://linkedin.com/in/richardlesperance⁠⁠⁠https://www.youtube.com/@mymenrichard

In this insightful episode of the "Raising Private Money" podcast, host Jay Conner sits down with Michael Episcope, co-CEO of Origin Investments, to delve into the nuances of real estate investments. With over $2 billion in assets under management and a wealth of experience in both derivatives trading and real estate investment, Michael provides valuable perspectives on how to effectively manage risk and create long-term wealth in the real estate market.The Importance of Risk Management in Real EstateMichael Episcope brings a distinctive background to real estate, having begun his career as a derivatives trader. This experience laid a strong foundation for understanding risk management, a crucial element in real estate investing. In real estate, risk management involves recognizing opportunities, spreading risk, and maintaining financial prudence—such as not cross-collateralizing assets or guaranteeing debt. This approach allows investors to weather downturns, ensuring long-term sustainability.Lessons from the Global Financial CrisisThe 2007-2009 financial crisis was a defining period for many investors, including Michael. He emphasizes the importance of learning from past mistakes to guide current and future investment strategies. Key lessons include avoiding over-leveraging and maintaining cash flow. Michael also touches on the strategic advantage of implementing a barbell strategy—balancing risk with a mix of debt and equity investments during uncertain times.The Crystal Ball: Predicting Market TrendsForecasting the real estate market can be challenging, but Michael shares optimistic views about upcoming trends. He anticipates a recovery in the multifamily sector driven by reduced construction in recent years and pent-up housing demand. This is supported by the work of Multilytics, a team of data scientists who predict above-market rent growth in the second half of 2025. He stresses the importance of adjusting strategies according to market conditions, highlighting how Origin Investments tactically shifts its focus between debt and equity depending on the cycle.Origin Investments' Focus and StrategyOrigin Investments specializes in multifamily properties—a choice rooted in the sector's strong, risk-adjusted returns and inherent demand. The firm exclusively targets this asset class, leveraging deep expertise to drive value. Origin invests through a combination of funds and individual deals, offering a diverse portfolio designed to maximize both tax efficiency and long-term growth. This multi-faceted approach allows the firm to navigate market cycles adeptly while capitalizing on emerging opportunities.Common Pitfalls for New InvestorsOne common pitfall for new investors is focusing too heavily on potential returns without adequately considering risk or the manager's track record. Instead, priority should be given to finding experienced managers with conservative underwriting standards who have demonstrated the ability to protect and grow capital through various market cycles.Maximizing Tax Efficiency for Long-Term WealthA significant advantage of real estate investment lies in its tax efficiencies. Michael discusses how Origin Investments transitioned from a buy-fix-sell model to a buy-fix-hold strategy to leverage these benefits fully. This approach not only maximizes tax advantages but also ensures consistent cash flow and asset appreciation over time, aligning with the broader goal of sustainable wealth accumulation.ConclusionNavigating the dynamic landscape of real estate investment requires a nuanced understanding of risk, market cycles, and strategic alignment. Michael Episcope's insights underscore the importance of these elements in achieving long-term success. For those looking to explore passive investment opportunities further, Origin Investments offers a comprehensi

In the latest episode of Raising Private Money, Jay Conner and Crystal Baker divulge the secrets behind a lucrative real estate investment deal. From innovative acquisition methods to strategic exit strategies, this episode is a treasure trove for both new and seasoned investors.The Power of Referrals in Real EstateAcquiring Properties Through ReferralsOne of the standout techniques discussed in the episode is the power of obtaining deals through referrals. Crystal, for example, secured her deal via a referral from a previous seller. This method not only fosters trust but also tends to result in more favorable negotiation terms. Jay Conner emphasizes the importance of asking for referrals explicitly when closing a deal, as it can open doors to new opportunities.A Token of AppreciationAnother golden nugget from Crystal's approach is rewarding referrers with substantial thank-you gifts. She shares how she transitioned from gift baskets to $350 Amazon gift cards, which, in turn, incentivizes more referrals. As Jay comments, a well-appreciated referrer can become a continuous source of potential deals, making this investment well worth it.Negotiating the Right Purchase PriceUnderstanding the Maximum Allowable Offer (MAO)Crystal provides key insights into negotiating the purchase price effectively. At the heart of this strategy lies the Maximum Allowable Offer (MAO) formula, an essential tool for any real estate investor. MAO = After Repair Value (ARV) x 70% - Repair Costs.By factoring in repair costs and future appreciation, investors can arrive at a sound purchase price that ensures profitability. As Crystal explains, adjusting for additional room (Murphy's Law) further safeguards against unforeseen expenses.Crystal's Real-Life ExampleIn her example, the property's ARV was estimated at $200,000, with $18,000 in repairs. Applying the MAO formula, she calculated the offer to be $110,000. However, through strategic negotiation and justifying potential work needed, she secured the property for $96,000, well below her initial offer, ensuring a favorable deal.Leveraging "Work for Equity" as an Exit StrategyWhat is "Work for Equity"?One of the most innovative strategies discussed is the "Work for Equity" model. This approach involves selling the property on a rent-to-own basis, where the buyer earns credit towards the purchase price by completing specific repairs and improvements on the property. This method is particularly effective for buyers with lower pre-approval amounts, who are looking to invest sweat equity into their future home.Implementation and BenefitsCoach Crystal meticulously outlines how she implements this model. By offering a detailed scope of work with timelines, she ensures that the tenant-buyer maintains progress and upholds the contract's terms. This arrangement not only reduces initial rehab costs for Crystal but also incentivizes the buyer to invest in their new home, creating a win-win scenario. According to Crystal, properties sold on a lease-to-own basis typically demand a higher price, compensating for the terms extended.Pricing Strategy and Future AppreciationCalculating the Selling PriceCrystal's strategy of pricing properties higher on a work-for-equity deal is another critical takeaway. She shares how she marks up the sale price by 10% to 15%, accounting for potential market appreciation over the lease period. For instance, an ARV of $200,000 was leveraged to sell the property at $235,000, ensuring future appreciation and securing a safety net against market fluctuations.Ensuring Collaboration and ComplianceAn essential aspect of this approach is the collaborative effort between th

In the latest episode of Raising Private Money, Jay Conner dives into the inspiring story of Jonathan and Cara Broyles, a dynamic duo in the world of real estate investment. From starting their journey in 2021 to closing high-value deals, Jonathan and Cara have shown the power of strategic planning, persistence, and the importance of nurturing relationships with private lenders. This episode highlights their recent property acquisition and the lessons they learned along the way.Securing the Deal: 143 Royalty DriveJonathan and Cara's most recent endeavor revolves around a property located at 143 Royalty Drive. The property, after undergoing necessary repairs and renovations, boasts an impressive After Repair Value (ARV) of $550,000. However, reaching this point was no small feat.Assessing the Property:The house, previously occupied by an owner and 80 Siberian husky dogs, was in dire need of cosmetic repairs. Recognizing the potential in the property, Jonathan and Cara estimated a generous $100,000 for the rehab, including a contingency fund for unexpected expenses—a strategy they call "Murphy," named after Murphy's Law that suggests if something can go wrong, it likely will.Negotiating Purchase Price:Initially listed by a wholesaler for $367,000, Jonathan and Cara knew their maximum allowable offer based on their rehab estimates would be $310,000. Despite the significant gap between their offer and the asking price, they stuck to their numbers, a testament to their disciplined approach to real estate investment. The wholesaler initially countered with $330,000, but eventually, Jonathan and Cara's persistence paid off—their $310,000 offer was accepted.Lesson Learned:Stick to your evaluated numbers and don't let emotions sway your decisions. By adhering to their calculations, Jonathan and Cara secured the property at a price that allowed for a profitable investment.The Power of Private LendingA vital piece of Jonathan and Cara's strategy involves leveraging private lenders to fund their property acquisitions and renovations. This approach minimizes the need for traditional loans, accelerates the buying process, and often provides more favorable terms.Expanding Their Network:For the 143 Royalty Drive property, Jonathan and Cara initially anticipated using $250,000 from a new private lender. However, this transaction took an exciting turn—the lender expressed interest in funding the entire deal, boosting his investment to $410,000. This unexpected increase emphasized a crucial point in private lending: private lenders often have more funds available than they initially disclose.Key Point:Always present opportunities to your private lenders confidently. They may have more capital ready to deploy once they see a promising investment.Interest Rates and Returns:For this particular deal, the private lender agreed to an 8% interest rate on the $410,000 loan. Over the projected six-month rehabilitation period, this translates to approximately $16,000 in interest—a reasonable return for the lender while still allowing Jonathan and Cara to achieve their target profit margins.Working with Realtors: A Smart InvestmentAnother pillar of Jonathan and Cara's strategy is their partnership with a reliable realtor. Although paying realtor fees can seem daunting—30,000 in this case on a $550,000 sale—the benefits far outweigh the costs.Benefits of a Professional Realtor:Realtors handle the legwork, both pre-and post-renovation, helping to price the property appropriately and sell it quickly.They ensure the property reaches a wide audience, increasing the chances of a top-dollar sale.Advice to Investors:

Discover the five steps to raising private money in 2025 with insights from Jay Conner. This 15-minute highlight from the DealMachine Masterclass breaks down everything you need to know, including where to find private lenders, crafting effective scripts, and securing stress-free funding. Perfect for investors ready to level up their funding game. KEY TALKING POINTS:0:00 - What Is A Private Lender?1:55 - When To Use Private Money2:48 - Why Would A Lender Be Interested?4:57 - Step 1: Identify Prospects5:55 - Step 2: Opening Conversation Script11:05 - Step 3: Stress-Free Investing Audio11:44 - Step 4: One-On-One Appointment12:45 - Step 5: Verbal Pledge13:24 - What To Concentrate On First & Know Your Program14:28 - The Documents You'll Need15:00 - Outro LINKS:Instagram: Jay Connerhttps://www.instagram.com/privatemoneyauthority/ Website: Jay Connerhttps://www.jayconner.com/ Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Beki and Kelly Cassels' journey in the real estate investment world is both inspiring and educational. Within a short span of two and a half years, they have gone from being brand-new investors to successfully executing significant deals. Jay Conner, their mentor, plays an instrumental role in their success by providing them with the knowledge and financial resources required to thrive in the competitive market of real estate.In the latest episode of Raising Private Money, Beki and Kelly shared the details of their latest deal, providing in-depth insights about their journey, the acquisition process, repairs, and the unexpected challenges they faced. Here is a breakdown of how they transformed a problematic property into a profitable investment.Identifying and Securing the DealFinding the PropertyBeki and Kelly's latest project, located at 2332 East 10th in New Mexico, was identified through a referral from a neighbor. The property was notorious in the area for being the “problem house.” The landlord, tired of dealing with tenant issues, was looking to sell. This was a classic case of a “tired landlord” and represented a perfect opportunity for the Cassels.Understanding the Market ValueThe after-repair value (ARV) of the property was initially assessed at $230,000 by their knowledgeable realtor. This valuation was crucial as it provided a baseline for determining the potential profitability of the deal. However, due to market dynamics, they planned to list the property at a higher value of $280,000, significantly increasing their potential return on investment.Repairs and Unexpected ChallengesEstimating and Executing RepairsThe initial repair estimate for the house was $110,000, but they wisely set aside an additional $10,000 for unforeseen issues, following the well-known Murphy's Law. True to form, challenges did arise, particularly with the gas lines and HVAC system, necessitating a complete overhaul. This thorough rehabilitation included gutting the house down to the studs and installing new electrical wiring, plumbing, and insulation.Detailed Repair BudgetTheir strategy involved getting a contractor's rough estimate before making an offer on the property. While the detailed estimate came in after the property was purchased, it closely matched their projections. By diligently working with professionals and being prepared for surprises, Beki and Kelly ensured the project stayed within budget.Financing and Profit CalculationSecuring FundingOne of the standout aspects of this deal was the financing structure. Beki and Kelly borrowed $172,500 through multiple private lenders at an interest rate of 10%. The funds were wired directly to the closing agent's trust account, covering the $43,000 purchase price and leaving them with $130,000 upfront for repairs and other costs.Calculating Net ProfitAfter accounting for the $120,000 spent on repairs, realtor fees, carrying costs, and other expenses, Beki and Kelly calculated a net profit of $88,200 from this deal. They also paid a 6% realtor fee amounting to $16,800 and anticipated their private lender interest to be around $9,000 over six months. Such meticulous financial planning ensured that they could maximize their returns even with significant upfront and carrying costs.Key Takeaways and Lessons LearnedNetworking and ReferralsOne of the central lessons Beki and Kelly highlighted was the power of networking. By maintaining good relationships with neighbors and service providers, and by making their capabilities known, they secured this valuable deal. They also emphasized the importance of appreciating referral sources; rewarding their neighbor with $1,000 was not only good pract

In the latest episode of the Raising Private Money podcast, Jay Conner sat down with mastermind member Tim Benskin to discuss his latest deal in Swannanoa, North Carolina. Tim shared his unique approach to acquiring, financing, and profiting from real estate investments, offering invaluable lessons for aspiring and seasoned investors alike. Today, we will dive deep into the key topics discussed, providing a comprehensive guide to understanding Tim Benskin's successful strategies and tactics.A Fortuitous Encounter: The Genesis of the DealTim Benskin's latest deal began with an unexpected opportunity. While working on a property purchased from a wholesaler, Tim was approached by a neighbor who inquired if he would be interested in buying his house. This initial conversation set the stage for a profitable transaction.Key Takeaways:Networking and Relationship Building:Tim's success in this deal highlighted the importance of maintaining good relationships with contractors, neighbors, and other stakeholders in the real estate industry. An open line of communication can often lead to new opportunities.Opportunistic Mindset:Being present and attentive during property renovations can present unforeseen chances to acquire new properties at favorable prices.Negotiating the Purchase PriceThe neighbor initially asked for $150,000, but after assessing the property and understanding the seller's needs, Tim successfully negotiated the price down to $130,000. This $20,000 reduction set the foundation for a profitable investment.Key Takeaways:Negotiation Skills:Tim's ability to negotiate effectively saved him a substantial amount on the purchase price. Understanding the seller's motivations and maintaining a flexible negotiation stance is crucial.Assessing Property Value:Conducting a thorough property valuation, including an understanding of After Repair Value (ARV), is essential in negotiations.Leveraging Financing: Private Money and Profit CentersTim financed the property using private money, borrowing a total of $130,000 from two private lenders. The strategic use of private money enabled Tim to acquire the property without using his capital while structuring repayment terms that supported a positive cash flow.Key Takeaways:Private Money:Utilizing private lenders can provide flexible financing options, often with more favorable terms compared to traditional lending institutions.Multiple Profit Centers:Tim created several profit centers through this deal, including monthly cash flow, a nonrefundable lease option deposit, and potential appreciation upon sale.Innovative Selling Strategy: Work for EquityTim's decision to sell the property through a lease option with a "work for equity" component was a masterstroke. This approach not only minimized his upfront renovation costs but also incentivized the buyer to invest in the property's improvement.Key Takeaways:Work for Equity Concept:Allowing buyers to reduce their purchase price by undertaking necessary repairs encourages them to buy into the property's value and care for it. Tim's buyers stand to receive a $10,000 credit for completing specific agreed-upon repairs.Reducing Risk and Increasing Profit:This strategy reduced Tim's risk and repair costs while increasing the property's sale price to $187,000, considerably higher than its ARV.Monthly Cash Flow and Final Profit AnalysisPost-financing, Tim's monthly outgoing payments to his private lenders totaled $940. His lease option agreement brought in $1,450 a month, leading to a net positive cash flow of $284.34.Key Takeaways:

Real estate investing is an exciting and potentially lucrative venture, but it requires a comprehensive understanding of the market, strategic planning, and access to resources, particularly funding. In a recent episode of the Raising Private Money podcast, Jay Conner and PMA member Erica Camardelle gave listeners an in-depth breakdown of how to execute a successful real estate deal using private money.Today we will unpack the key takeaways from Erica's deal and provide actionable insights that can help you navigate your own real estate investments profitably.The Importance of Understanding Seller MotivationOne of the pivotal lessons Erica shared was understanding the seller's motivation. This allows investors to better tailor their offers and negotiations.Identifying Key Motivations:Inheritance:The seller had inherited the property from her parents.Out-of-State Ownership:Living in a different state made managing the property inefficient for her.These factors compounded to create a seller who was highly motivated to offload the property quickly, providing Erica with a leverage point in negotiations.Negotiation Tip: Always dig deeper into the seller's circumstances. Understanding their motivations can provide hidden advantages in structuring your offer.Leveraging Private Money for Real Estate DealsErica and Jay detailed the significance of private lending, which can make or break a deal, particularly in competitive markets.Utilizing Private Lenders:Borrowing Against After Repaired Value (ARV):Erica borrowed 75% of the ARV ($166,000), amounting to $125,000. This ratio ensures a financial buffer, minimizing the investor's risks.Establishing Long-term Lender Relationships:Erica's success stemmed from a long-standing relationship with her private lender over several years. This not only facilitated quick access to funds but also built trust over time.Pro Tip: Building and nurturing relationships with private lenders can lead to more favorable terms and quick approvals, crucial for seizing opportunities swiftly.Effective Property Valuation and BudgetingUnderstanding property valuation and accurately budgeting repairs are cornerstones of successful real estate ventures.Valuation Approach:ARV Calculation:The after-repaired value was set conservatively at $166,000. Despite this, Erica listed it for $185,000 based on market dynamics, which illustrates a strategic risk-taking approach to maximize profits.Budgeting Repairs:Predictive Budgeting:Erica initially budgeted $20,000 for repairs but managed to spend only $15,000. This conservative overestimation helps in dealing with unforeseen issues.Carrying Costs:Six months of holding costs were budgeted. This includes accounting for taxes, insurance, and private lender interest, ensuring no financial surprises.Investor Insight: Always budget for higher than anticipated repair costs and consider listing slightly higher than the ARV to attract potential buyers willing to pay more.Calculating Net Profits and Key MetricsJay Conner emphasized the need for accurate calculations to understand the true profit from a real estate deal.Net Profit Breakdown:Sale Price:Listed at $185,000.Expenses Subtraction:Purchase Price: $96,000Repairs: $15,000Realtor Fees: 5%, approximately $9,250Private Lender Interest: $5,000Taxes and Insurance: Estimated at $2,250Following these deductions, the net profit was calculated to be approximately $57,500.Understanding MAO (Maximum Allowable Offer):MAO Calculation:

***Guest AppearanceCredits to:https://www.youtube.com/@jasonbalara6929 "Raising Private Money with Jay Conner | Know your WHY"https://www.youtube.com/watch?v=KPGp8HHtd6Q   On the latest episode of the Raising Private Money, podcast we have an inspiring conversation between Jay Conner and Dr. Jason Balara on his Know Your Why podcast. Jay Conner dives deep into the nuances of raising private money and the resilience needed to succeed in real estate investing. With a background in traditional banking turned private lending expert, Jay Conner offers invaluable insights and inspiring stories that illustrate the power of persistence, a strategic mindset, and the importance of understanding your "why."Facing the Fear: Jay Conner's Early ChallengesJay Conner begins by recounting the nervousness he faced when asking for a private lending loan for the first time. Overcoming such nerve-wracking experiences is crucial, and Jay emphasizes that action is the antidote to anxiety. His initial discomfort didn't deter him but rather fueled his drive to become proficient in raising private money.The Breakthrough Luncheon: A Turning Point in FundraisingJay's notable breakthrough came during his first private lender luncheon, a strategic event where he successfully raised $969,000 in verbal pledges within just one hour. This massive achievement, despite his initial discomfort, underscores the significance of preparation and a well-crafted presentation. He used a PowerPoint presentation to educate attendees on the private lending program, effectively communicating the benefits and security of investing.Learning from Failure: The John Maxwell PrincipleA recurring theme in the discussion is resilience through failure. Jay quotes leadership expert, John Maxwell, stating, "Success comes from failing more often," highlighting that every failure is a step towards success if viewed as a learning opportunity. Both Jay and Jason Balara draw parallels between business and sports, emphasizing that just as athletes like Michael Jordan succeeded by persisting through failure, so too must entrepreneurs and investors.Key Strategies for Securing Private FundsJay's approach to securing private funds is rooted in education and relationship building. By positioning himself as a "private money teacher," he shifts the focus from asking for money to offering an investment opportunity. This methodology not only enhances trust but also attracts potential lenders through the promise of high returns and secured investment.Additionally, Jay shares his unique strategy called the "great news phone call," informing lenders when their money is needed for a deal. This preemptive approach ensures that funds are readily available without the need for constant pitching, making the process smoother and more efficient.Mindset Shift: Overcoming Initial DiscomfortTransitioning from discomfort to confidence is a crucial part of Jay's journey. He acknowledges that initial discomfort is natural when venturing into new territory but asserts that practice and persistence lead to growing competence and comfort. Quoting Crystal Baker, Jay affirms, "Life begins at the end of your comfort zone," which is a mantra that underscores the growth experienced from tackling challenges head-on.The Importance of Resilience: Lessons from Personal ExperiencesJay shares a touching personal anecdote about his grandfather teaching him resilience. After being thrown off a pony, young Jay was encouraged to get back on, instilling a lifelong lesson in persistence. This lesson translated into his business life, especially when traditional banks cut off his credit

***Guest AppearanceCredits to:https://www.youtube.com/@bradleysugars "Following Your Purpose: How Jay Conner Discovered the Opportunity of Private Lenders in Real Estate"https://www.youtube.com/watch?v=iJPJqgxDZME  Welcome back to another exciting episode of the Raising Private Money podcast! Today, Jay Conner had an insightful conversation with Brad Sugars on his The Big Success podcast!From a young age, Jay Conner knew his true calling was to teach. Fast forward to 2011, and this dream came to fruition when he began coaching real estate investors, a mission driven not just by financial outcomes, but by a burning desire to positively impact others. Jay's definition of success transcends wealth; it's deeply rooted in passion and purpose. By emphasizing the importance of making a difference, Jay aims to inspire others to seek a higher purpose beyond financial gains. This ethos has shaped his approach to teaching and mentoring, making a significant impression on the real estate community.Success Defined: Passion and Purpose Beyond ProfitsJay Conner's definition of success moves beyond the simplistic idea of wealth accumulation. To him, success encompasses pursuing one's passions and making a meaningful impact on the lives of others. This philosophy is reflected in his work, where he combines his real estate expertise with a deep commitment to mentoring and teaching. For Jay, true success involves helping others realize their potential and find their paths to fulfillment. This is the hallmark of his career as an educator and real estate coach.Influential Beginnings: Lessons from the Family BusinessGrowing up in an environment of success, particularly observing his father's business endeavors, had a profound impact on Jay. At the age of 12, he was already immersed in a setting that emphasized the importance of surrounding oneself with successful individuals—a notion famously underscored by motivational speaker Jim Rohn. These early experiences laid a strong foundation for Jay's entrepreneurial journey, where he saw firsthand the value of mentorship and networking in achieving success.Transformation and Lifelong LearningA pivotal moment in Jay's life came at the age of 24 when dissatisfaction with his lifestyle spurred a transformation. Fueled by Og Mandino's "University of Success," Jay embarked on a path of continuous learning and self-improvement. This book not only helped him shift his mindset but also ignited a lifelong passion for personal development. Since then, he has avidly consumed self-help books and autobiographies, continually learning from those who have achieved success. This commitment to growth and learning has been a cornerstone of his personal and professional life.The Power of Goals and PlanningOne of the critical insights Jay shares is the importance of setting and regularly reviewing goals. By updating them every four months, he ensures they are aligned with current opportunities and challenges. Jay's approach to short-term planning reflects his understanding of the unpredictable nature of life and business. This pragmatism is also shared by fellow podcaster, Ryan Pineda, who avoids scheduling appointments more than 30 days in advance. Both emphasize the necessity of flexibility and adaptability in achieving long-term success.Embracing Failure as a Learning OpportunityJay Conner's perspective on failure is deeply influenced by David Meltzer's philosophy of viewing failures as lessons rather than mistakes. He recounts stories from his real estate career where setbacks became opportunities for growth and improvement. By treating challenges as opportunities to rethink and refine his approaches, J

***Guest AppearanceCredits to:https://www.youtube.com/@harcourtsauctions "Private Investing for Realtors: How to Build Your Private Lending Network from Scratch"https://www.youtube.com/watch?v=2lo11foe4oE&t=9s In a dynamic real estate market, the ability to secure funding can often determine an investor's success or failure. Jay Conner's insights into raising private money offer a revolutionary approach that can transform your real estate ventures, making funding more accessible and flexible.Welcome back to another insightful episode of the Raising Private Money podcast! If you're a real estate investor eager to master the art of raising and leveraging private money, you're in the right place. Today, Jay Conner joins Ben Brady in his Rethink Real Estate Podcast where they dive deep into the world of private money in real estate, they discuss the strategies behind raising significant funds without ever having to ask for a dime directly. Jay shares his journey and effective methods that have helped him raise over $8 million, even in tough financial times.The Challenges of Traditional FundingTraditional funding sources such as banks and institutional lenders come with their own set of challenges. For instance, during economic downturns, banks tighten their lending criteria, making it difficult for investors to secure loans. This was evident during the global financial crisis when many investors found their lines of credit abruptly closed. Today's high interest rates and stringent lending requirements continue to pose similar challenges, making traditional funding less reliable.Enter Private MoneyPrivate money represents a more flexible and reliable way to finance real estate deals. Essentially, this involves doing business with individual lenders rather than institutional ones, allowing investors to set the terms and streamline the process. This method provides a more straightforward way to secure funding without the typical red tape associated with banks.An innovative approach to raising private money eliminates the discomfort of asking for capital. Instead, the process involves educating potential lenders about the benefits and returns of investing in real estate, transforming the conversation into one of mutual benefit rather than a plea for funds.The Process: Teaching, Not BeggingOne of the key aspects of raising private money is overcoming the fear of rejection. By focusing on teaching potential lenders about the process and benefits of private money, investors can eliminate the fear associated with asking for funds. This approach involves separating the educational conversation from specific deal discussions.Initially, investors educate lenders about private money, interest rates, and the overall investment program without mentioning any specific deals. Once the lender is comfortable and understands the potential benefits, specific deals can be introduced, making the entire process more palatable and less stressful.Setting the TermsPrivate lenders need clear details about the terms of their investments. Offering an 8% annual interest rate is a straightforward and attractive proposition, especially when compared to traditional investments like CDs, which yield much lower returns. All loans are collateralized by real estate, providing security for the lenders and making the investment more attractive.How Much Money Do You Need to Raise?Determining how much money to raise depends on several factors, including the investor's market, the average property price, and the projected number of deals each year. By using a simple formula, investors can calculate

***Guest AppearanceCredits to:https://www.youtube.com/@TheClosingTablePod "Jay Conner Discusses Private Money Raising"https://www.youtube.com/watch?v=cNtgseDPZMkToday, on the Raising Private Money podcast, Jay Conner had an amazing time joining Kat Schooler on The Closing Table Podcast. During the discussion, Jay elucidated the stability of private money lending compared to traditional investment avenues and shared invaluable insights on attracting private lenders. Here's an in-depth look into the segments of their dialogue.Stability of Private Money Lending vs. Stock MarketJay Conner draws a clear distinction between private money lending and stock market investments. Unlike the stock market, where values fluctuate wildly, private money offers a more stable route. When lending private money, the principal amount remains constant until cash-out, behaving similarly to a bank CD. This stability allows for predictable returns, an invaluable feature for any investor looking to mitigate risk.Finding Private Lenders: Three Essential CategoriesJay lays out a comprehensive strategy for finding private lenders, categorizing them into three pivotal groups:Personal Connections: Utilize your existing network. Family, friends, social media contacts, and community members are all potential sources of private money. Jay emphasizes that an active online presence, akin to his, can bolster these efforts significantly.Expanded Warm Market: Build and grow your connections by joining networking groups like Business Networking International (BNI). These groups offer a fertile ground for expanding your influence and tapping into broader financial resources.Existing Private Lenders: Seek out individuals who already have self-directed IRA accounts. These seasoned investors are often keen on private lending opportunities and understand the mechanism and benefits involved.Leveraging Social Media to Attract LendersOne of the significant revelations from the discussion is the compelling use of social media for attracting private lenders. Jay advises using platforms like Facebook and Instagram to showcase ongoing projects and successful deals. However, he cautions against directly mentioning terms like "private lending." Instead, he advocates creating curiosity by inviting questions, which compels potential lenders to reach out for more information.Personal Journey and Transition to Real EstateJay Conner's journey from the mobile home industry to real estate investing is both inspiring and instructive. His transition was catalyzed by a significant disruption in 2002 when Wall Street funding for manufactured housing was cut off. By 2003, Jay had pivoted to flipping single-family homes, a venture that has seen him rehab over 500 homes with substantial average profits per deal.A key challenge early in his career was assembling a reliable team. He underscores the importance of delegating tasks and avoiding the pitfalls of trying to handle everything alone. This realization led to automating his business operations, enabling him to work a lean 5-7 hours per week while focusing on education and teaching others through platforms like his podcast, "Raising Private Money."The Game Changer: Private Money Post-2008 CrisisJay recounts the 2008 financial crisis, which abruptly closed his line of credit. This crisis turned into an opportunity when fellow investor Jeff Blankenship introduced him to private money lending using self-directed IRAs. In an impressive feat, Jay raised $2,150,000 from private lenders within just 90 days without any direct solicitation for funds.Jay underscores the importance of s

In the latest episode of "Raising Private Money," Jay Conner dives deep into the nuances of mortgage note investing and private money with his good friend, Jamie Bateman. Renowned for his success in raising over $3,000,000 in private money, Jamie shares his journey and insights into leveraging mortgage notes as a powerful investment vehicle. This episode is a goldmine for both seasoned investors and newcomers looking to expand their portfolios. Let's break down the themes and insights discussed during this illuminating conversation.Jay Conner's Real Estate WisdomA Wealth of ExperienceJay Conner, a real estate investor who began his journey in 2003, has rehabbed over 500 houses. His experience spans various facets of real estate, making him a credible guide for aspiring investors. Conner emphasizes one crucial lesson: avoid operating in isolation. He avows that seeking mentorship from experts can save you from costly mistakes and accelerate your path to success.Jamie Bateman on Mortgage NotesThe Strategic AdvantageJamie Bateman, a prominent voice in mortgage note investing, emphasizes the versatility of this investment strategy. Mortgage notes offer a unique advantage: you can invest across state lines without ever visiting the properties. This location independence is a game-changer, making it easier to diversify your investment portfolio.Moreover, mortgage notes come with a relatively low barrier to entry. Utilizing a licensed loan servicer simplifies compliance and licensing hurdles. This ease of access complements existing residential real estate investing experience and provides opportunities for creative and analytical investment strategies. However, Jamie notes that mortgage notes lack inherent tax advantages. Fortunately, this limitation can be mitigated with self-directed accounts.Passive Investors' OpportunityJamie offers a tantalizing glimpse into the potential for passive investors to earn high returns by partnering with him. For those interested, Jamie's platform offers pathways to explore these lucrative opportunities further.Understanding Private Money in Real EstateSecuring Single-Family HousesJay Conner elucidates how private money underpins real estate transactions, particularly in single-family houses. Utilizing promissory notes to secure private lenders is a prudent strategy, complemented by collateral via a deed of trust or mortgage. Insurance policies include private lenders as mortgagees, and Conner maintains a conservative loan-to-value ratio of 75%. Additionally, a 90-day call option provides a safety net for emergencies.Collateral and Mortgage NotesMortgage notes employ a similar protective measure through hypothecation, where the note and deed of trust serve as collateral. An illustrative example is purchasing a $70,000 principal balance note for $50,000 and borrowing $30,000 against it. Such flexibility in terms is mutually agreed upon between lender and borrower, making mortgage notes a versatile investment vehicle.Jamie Bateman's JourneyTransition from Defense to EntrepreneurshipJamie Bateman's career transition exemplifies the allure of real estate for control and flexibility. After 14 years at the Department of Defense, Jamie ventured into real estate, leveraging his family background in the field. His journey began with rental properties using the BRRR method and pivoted to mortgage notes in 2018. Jamie's varied experiences, including title work, have enriched his investment acumen.Evolving Strategies in Raising CapitalOrganic GrowthJamie shares his organic approach to raising private money: documenting his investment journey on social media and blogs attracted interest from potential investors. This visibility led to his first substantial investment from a former col

In a recent episode of the Raising Private Money podcast, Jay Conner engaged with Ian Horowitz, a seasoned real estate investor and co-founder of Equity Warehouse. Through a rich and informative discussion, Ian Horowitz shared his journey, challenges, and invaluable advice for newcomers and seasoned investors alike in the real estate market.The Realities of Real Estate InvestmentOvercoming Initial Challenges and MisconceptionsIan Horowitz candidly discusses the numerous challenges and misconceptions about real estate investing, noting how difficult the process can be for those new to the field. Despite the high reward potential, real estate investment involves a steep learning curve, complex financial decisions, and a significant time commitment. For anyone hoping to transition smoothly into this field, it is essential to approach the process with an informed perspective and adequate preparation.Embracing a Diverse Investment NetworkThe Power of Community through CRE SyndicateIan also elaborates on the importance of a diverse group of participants in his meetups, the CRE Syndicate, which focuses on commercial real estate investments. The meetups welcome a variety of experience levels—from beginners to sophisticated investors. This diversity creates a supportive and enriching environment where experiences and knowledge are shared, establishing a strong sense of community. These meetups also teach one of Ian's key principles: to start hosting meetups without overthinking them and to expect initial challenges.Building Credibility and CommunityThe Role of Meetups for Real Estate SuccessSuccessful real estate investment is grounded in solid networking, continuous learning, and community building. Ian says meetups don't need predetermined themes for every session but can evolve based on group interests and feedback. Organizations can ensure better follow-through and consistent engagement by scheduling meetings in advance. Ian co-hosts a monthly meetup at a local firehouse in Pennsylvania, which serves as a platform for networking, sharing experiences, and fostering personal relationships with potential investors. Emphasis is placed on educating the participants without pressuring them into sales, thus building credibility and trust.Financial Strategies and Investment OpportunitiesIan's Investment Journey and Financial EvolutionIan recounted his first venture into real estate, purchasing a property for $25,000 and using high-interest hard money loans for renovation. Though initially lacking financial savvy, he learned through experience, negotiating better terms with lenders and turning to friends and family for funding. His journey wasn't devoid of skepticism or support; while some colleagues were doubtful, others showed financial interest without wanting operational involvement. Communication and transparency about his work gradually attracted more investment interest.Ian underscores the importance of offering lucrative investment opportunities and creating mutually beneficial financial arrangements. Equity Warehouse, the company he co-founded, offers co-investment or co-lending experiences, ensuring preferred returns and participation in property equity. Highlighting a recent project, Ian detailed converting a 55,000-square-foot office building into a flex space, funded through a mix of loans and investor capital.Navigating the Funding LandscapePrivate Money and Institutional LoansThe episode emphasizes the critical role of funding in real estate ventures. Jay Conner and Ian examined the contrast between raising private money and borrowing institutional money. Raising private money often stems from necessity, such as needing gap funding, and involves setting terms attractively for investors. In contrast, institutional loans come with predetermine

In the world of commercial real estate, gaining financial freedom isn't just a dream—it's an achievable goal. As discussed by host Jonathan Hayek and guest Jay Conner in this insightful episode of the Scott Paton Podcast, understanding the intricate details of raising capital, fostering meaningful relationships, and having a strategic investment approach are pivotal for success.Raising Capital for Real EstateOne of the first steps towards achieving financial freedom in commercial real estate involves raising capital. Jonathan Hayek highlights that while familiarity with real estate can be beneficial, it's not strictly necessary. Interestingly, his initial deal was made possible by borrowing $110,000 from a contact named Ryan via a self-directed IRA, and another $50,000 from a friend. This emphasizes that leveraging personal networks can be an effective strategy for securing funds.Moreover, having a proven track record can significantly attract private money lenders. Hayek himself leveraged a mix of funding sources which included private money, hard money, balance transfers from credit cards, and local banks. He stresses the importance of presenting specific deals with clear terms to potential investors rather than vague promises of future opportunities.Strategic Investment ApproachesBoth Jonathan Hayek and Jay Conner emphasize a non-aggressive approach when it comes to finding investors. Rather than chasing or begging for money, they advocate for building genuine relationships. Hayek stresses the importance of attracting investors who are confident, financially secure, and a good fit for the deal.Straightforwardly presenting investment opportunities is crucial. It promotes trust and clarity, which, in turn, can lead to successful, long-term investment partnerships. A critical takeaway from their discussion is that the quality of investors often outweighs the quantity.Growing Mindset and Overcoming Limiting BeliefsJonathan Hayek's journey from being a special education teacher and non-profit worker to a full-time real estate investor underscores the importance of personal growth and overcoming limiting beliefs. He shares how he realized the need for greater financial growth and decided to pursue bigger goals.One of Hayek's personal growth strategies involves adopting mantras like "You're Not Thinking Big Enough." He encourages listeners to challenge deeply ingrained beliefs, many of which are rooted in childhood, to achieve their true potential. This mindset shift enabled him to leave his job and fully commit to real estate, exploring non-traditional opportunities such as industrial deals.Building a Sustainable BusinessA key insight from this episode is the concept of "rightsizing" your business to fit individual, family, and lifestyle needs, as discussed by Jay Conner. Jonathan Hayek emphasizes understanding one's "why" in real estate to avoid the pervasive pressure of constant scaling driven by social media influences. Bigger isn't always better; the focus should be on creating a business that aligns with personal goals, whether it's spending more time with family or enjoying freedom.The Power of Networks and ReferralsTrust and relationships are central to raising private money. Jay Conner and Jonathan Hayek both highlight that investors essentially invest in the person, based on reliability and trustworthiness. Jonathan's network of lenders is primarily based on established relationships with friends and family, leveraging their faith in his ability to manage their investments securely.Additionally, referrals play a crucial role. By delivering successful deals, Jonathan and Jay have benefited from referrals from existing lenders, further broadening their network and enhancing their investment opportunities.Real Estate Investment StrategiesJonathan Hayek has a focused app

In this episode of the Know Your Why Podcast, host Dr. Jason Balara interviews Jay Conner, a veteran real estate investor and expert in raising private money. Jay shares his transformative journey from relying on traditional bank funding to unlocking the potential of private money for his deals. He emphasizes the importance of mindset, resilience, and teaching others as a way to attract private lenders without directly asking for money. Through actionable strategies and a focus on relationship-building, Jay highlights how aligning your goals with a meaningful "why" can lead to financial freedom and a lasting impact on others. Key Highlights - Jay transitioned from traditional bank funding to private money, revolutionizing his real estate business. - Teaching about private money can attract lenders organically. - Desperation is a barrier to effectively raising funds; preparation is key. - Building strong relationships forms the foundation of successful capital raising. - Hosting events and leveraging tools like the "Great News Phone Call" can attract private lenders. - Resilience and learning from failure are critical for long-term success. - Jay emphasizes having funding lined up before pursuing deals. - A meaningful "why" goes beyond profit, focusing on the positive impact you can make. Jay Conner's insights into raising private money offer a blueprint for investors looking to scale their real estate ventures. His emphasis on mindset, resilience, and the power of relationships demonstrates how aligning your purpose with your actions can create lasting success. Tune in to this episode of the Know Your Why Podcast to discover actionable strategies for raising capital and making a meaningful difference in your journey toward financial freedom. Get in touch with Jay: Website: https://privatemoneychallenge.com Podcast: ​​https://podcasts.apple.com/us/podcast/raising-private-money-with-jay-conner/id1377723034 If you want to know more about Dr. Jason Balara and the Know your Why Podcast: ⁠⁠https://linktr.ee/jasonbalara⁠⁠   Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license.⁠⁠ https://creativecommons.org/licenses/⁠⁠ Artist:⁠⁠ http://audionautix.com/

In the latest episode of the Raising Private Money podcast,  Jay Conner welcomes guest Randal McLeaird, a seasoned real estate expert with over 14 years of experience in the San Antonio, Texas market. This episode explores the intricacies of crowdfunding, raising private money, and the opportunities available within the single-family housing market.Introduction to Crowdfunding and Private MoneyRaising Private Money: A Game-ChangerJay Conner, renowned for his expertise in raising private money, effortlessly introduces both novice and seasoned investors to strategies that can transform their real estate businesses. Don't forget to visit https://www.JayConner.com/MoneyGuide  to download a complimentary guide that highlights seven ways private money can elevate your investing ventures.Understanding CrowdfundingRandal McLeaird delves into the concept of crowdfunding, explaining its potential to democratize real estate investment. With crowdfunding, investors of all sizes, including non-accredited ones, can participate in real estate projects, with a collective annual raise capped at $5 million. Crowdfunding platforms like Invone allow both accredited and smaller investors to contribute to large-scale projects while complying with SEC guidelines.Crowdfunding vs. Traditional InvestmentsThe Mechanics of Crowdfunding for Real EstateRandal elucidates the practical aspects of leveraging crowdfunding for real estate investments. For example, a 506(c) raise permits advertisements and marketing to accredited investors, facilitating substantial capital influx. On the other hand, a CF raise opens the door for smaller investors, promoting inclusivity and broader participation.Comparing Returns: Crowdfunding vs. Traditional InvestmentsInvestors eyeing alternatives to traditional CDs or 401(k) plans might find Randal's offering compelling. Crowdfunding deals provide a 7% return on investments starting from $10,000, which is disbursed quarterly, akin to interest-only loans. For more substantial investments, $150,000 and above, the returns can go up to 10%, providing robust opportunities for high yields compared to conventional investment vehicles.Randal McLeaird's Real Estate VenturesLocal Expertise in San AntonioRandal McLeaird shares insights from his extensive experience in San Antonio, discussing how his familiarity with the market's nuances has been instrumental in his success. Having managed over 500 transactions, Randal's deep-rooted knowledge and hands-on approach ensure meticulous oversight and efficient property management.Current Crowdfunding ProjectsA spotlight on Randal's current initiative, the Ramp Capital Fund, reveals how strategic property acquisitions and renovations culminate in high returns for investors. For example, a property recently acquired for $105,000, with $20,000 in renovation costs, is projected to sell for around $215,000, showcasing the lucrative potential of well-chosen investments.Marketing Strategies and Investor OutreachExpanding the Investor BaseRandal emphasizes the importance of diverse marketing strategies to attract investors. By attending local meetups, reconnecting with past contacts, and leveraging platforms like podcasts, he effectively casts a wider net to secure capital for his projects. His approach underscores the need for continuous engagement and visibility in the real estate community.Advantages of a Crowdfunding FundBeyond just sourcing funds, crowdfunding offers the benefit of streamlined capital channels. Randal explains how this method simplifies the funding process, avoiding the repetitive task of soliciting investors for individual properties. This allows for continuous investment without

***Guest AppearanceCredits to:https://www.youtube.com/@AlexPardo "How to Raise Private Money Without Asking for It"https://www.youtube.com/watch?v=_wTrV0XW52kIn the latest episode of the Raising Private Money podcast, Alex Pardo and Jay Conner delve into the complexities of raising private money for real estate investments. A key takeaway from their conversation is the importance of securing investments with a mortgage or deed of trust. This not only ensures the protection of investments but also adds additional layers of security by incorporating elements such as naming the investor on the insurance policy and maintaining a conservative loan-to-value ratio. The foundation of these secure investments is built on trust, something Jay emphasizes by creating a "trust bridge" through referrals.The Crucial Role of TrustTrust is an essential element in securing private money, as highlighted by both Jay and Alex. Many of Jay's lenders are referrals, which fosters an inherent level of trust. Rather than relying on traditional credibility packages, Jay emphasizes the development of strong, transparent relationships to build and sustain trust with lenders. This approach underlines the importance of personal connections in the world of private lending.Diversifying with Self-Storage InvestmentsAlex introduces the concept of investing in self-storage facilities as an alternative to the traditional single-family home market. He enumerates the benefits of self-storage investments, which include automation, recession resistance, and the absence of tenant management issues. For investors looking to diversify their portfolios and reduce traditional property management headaches, self-storage offers an attractive avenue.Educational Approach: Transforming Conversations into Investment OpportunitiesOne of the insights shared by Jay is his approach to seeking private money—not as asking for funds but as presenting opportunities. This shift in mindset reduces the pressure on both the investor and the potential lender. Educating potential lenders about private money and high-return options helps engage them in a non-confrontational manner. Jay encourages initiating conversations with "Did you know" questions to spark interest and introduce concepts like self-directed IRAs, thereby making the idea of private lending more accessible and less intimidating.Jay Conner's 7-Day Private Money ChallengeFor those interested in mastering the art of raising private money, Jay introduces his 7-day private money challenge. This program includes concise instructional videos aimed at educating investors on effective fundraising techniques. Originally priced at $197, the challenge is now available for just $17, making it highly accessible. Alex endorses this challenge, urging listeners to take advantage of this valuable resource to enhance their investment strategies.Capital Abundance Post-COVID: A Proactive ApproachIn light of the substantial amount of cash available in the market post-COVID—approximately $31 trillion—Jay emphasizes the importance of securing funding before pursuing deals. He critiques the commonly held belief that "the money will show up" once a deal is under contract. Instead, he advocates for a proactive approach, advising investors to secure capital ahead of time to avoid financial stress and uncertainty.Building Success Through Education and NetworkingA crucial aspect of Jay's success involves educating and networking. By informing his network—including church members and club associates—about private money, Jay has built a significant pool of private lenders. He partners with a self-directed IRA company to facilitate the transfer of retirement funds an

In a recent episode of the Raising Private Money podcast, renowned entrepreneurs Brad Sugars and Jay Conner delve into strategies and mindsets that can help individuals revolutionize their lives and businesses within 90 days. From raising private money for real estate investing to creating self-sustaining enterprises, Brad and Jay provide actionable insights that can propel entrepreneurs toward success. This blog post unpacks key themes from their discussion to help you harness their wisdom for your own ventures.Raising Private Money: The Game-Changer for Real Estate InvestorsJay Conner, famously known as the Private Money Authority, emphasizes the transformative power of raising private capital. Traditional borrowing methods can often be cumbersome and risky, but Conner offers an alternative approach through leveraging private money. This method provides real estate investors with a unique opportunity to secure funds more safely and effectively.To help investors get started, Conner offers a free guide titled "Seven Reasons Why Private Money Will Skyrocket Your Real Estate Investing Business Right Now," available at jconnor.com/moneyguide. The guide is rich with strategies and insights designed to elevate real estate businesses by tapping into the potential of private money.Building a Self-Sustaining Business: Brad Sugars' BlueprintBrad Sugars, an internationally acclaimed entrepreneur and CEO of ActionCOACH, shares his expert method for creating self-sustaining businesses. A successful business, according to Brad, operates profitably without the owner needing to be constantly involved. To achieve this, Sugars outlines a structured approach comprised of:Mastery: Developing a deep understanding of fundamental business operations.Marketing: Attracting and retaining customers through effective marketing strategies.Systemization: Creating efficient processes and automated systems to streamline operations.Team-Building: Assembling a competent and dedicated team.Scaling: Expanding the business systematically to ensure sustainable growth.Exit Strategy: Planning the business owner's departure to ensure long-term business sustainability.Brad mentioned that his new AI-powered business education platform is designed to help entrepreneurs master these elements efficiently, leveraging his robust network for rapid capital raising. His emphasis on having a reliable network underscores the importance of relationships and trust in successful business ventures.Avoiding Burnout: The Power of DelegationBoth Brad Sugars and Jay Conner highlight their personal experiences to illustrate the importance of avoiding burnout through task delegation. Jay shares his initial mistake of trying to handle everything in his business by himself, which led to severe burnout. By automating and delegating tasks to both technology and people, business owners can focus on strategic growth instead of being bogged down by day-to-day operations.Mindset: The Foundation of SuccessA substantial portion of the conversation revolves around the significance of mindset in achieving business success. According to Brad Sugars, mindset constitutes a significant part of the success equation. Both he and Jay Conner agree that having dreams and goals are crucial drivers of performance and growth. Sugars shares his formula for success, which includes:Dreams: Imagining grand visions for the future.Goals: Setting tangible targets derived from those dreams.Learning: Acquiring the necessary knowledge and skills to achieve these goals.Plans: Crafting strategic action plans.Actions: Consistently implementing the plans.Brad emphasizes the importance of setting daily goals, noting that small, consistent actions accu

In the latest episode of the Raising Private Money podcast, host Jay Conner joined forces with renowned real estate investor James Lascara to delve deep into the nuances of raising private money in real estate. The discussion shed light on a wealth of practical advice and strategies essential for both novice and seasoned investors. With James sharing his extensive knowledge from the trenches and Jay contributing his signature ethical approach, the episode is a goldmine of information. This blog post will distill the key takeaways and expand on their insights to help you fortify your real estate endeavors.The Importance of Knowing Local Business PracticesJames Lascara begins by emphasizing the critical importance of understanding business practices in different states. Whether you're in Florida, North Carolina, or another locale, closing deals often necessitates the involvement of title companies or attorneys. These professionals help mitigate risks and ensure transactional integrity. James underscores trustworthiness verification through personal conversations and advises seeking a second opinion if something seems off. This due diligence can safeguard investors from potentially fraudulent schemes.The Power of Networking: The Elite Investor Mindset GroupNetworking plays a pivotal role in the real estate sector, a fact underscored by James's founding of the Elite Investor Mindset Group in Tampa, Florida. This mastermind group is a hub for successful professionals seeking collaborative growth and shared insights. Networking not only fosters relationships but also provides a forum for discussing opportunities and challenges in the real estate market. James leverages Instagram (@jplinvest) as his primary communication platform to connect with investors and disseminate information about ongoing investment opportunities.Risk Mitigation and Trust Building in Private Money RaisingJay Conner and James Lascara both emphasize the importance of integrity and trust when raising private money. Jay warns against sending money to lenders before closing, sharing a sobering cautionary tale of an investor who lost $40,000 to a fraudulent lender. Conducting thorough due diligence, verifying the legitimacy and history of the lender, and ensuring investments are protected by equity are steps that can save potential investors from catastrophic losses.James relates his experience with a significant personal investment mistake, where a loan wasn't backed by collateral. This has driven home the necessity for practitioners to always ensure their investments are protected. Both Jay and James advocate for an abundance mindset, believing that opportunities arise naturally when one leads with value and maintains a positive outlook.Tools and Strategies for Efficient Fund ManagementIn terms of practical tools, James mentions using Google Sheets and Excel for tracking investments. While he is exploring suitable CRM systems to streamline various business facets, he remains diligent about updating and managing private money matters. These tools aid in maintaining transparency and efficiency, pivotal for fostering trust among investors.Effective Investor Engagement and CommunicationInvestor engagement is another cornerstone of successful fund-raising. James leverages a simple one-page graphic to introduce potential investors to their initiatives and schedules follow-up calls, providing a clear and concise initial overview. Offering three ways for passive investors to engage, he tailors communication frequencies based on investor involvement. This individualized approach ensures that investors feel informed and valued.Networking is indispensable for sourcing initial investor contacts. James advises beginners to tap into their networks and seek introductions to potential investors. Jay concurs, advocating for an educational approach where invest

***Guest AppearanceCredits to:https://www.youtube.com/@Randy_Dyck  "The Secrets of Private Money with Jay Conner: A Real Estate Investor's Journey"https://www.youtube.com/watch?v=k3uM93KSb1g In a recent episode of the Raising Private Money podcast, Jay Conner and Randy Dyck dive into the profound and transformative journey of leveraging private money in real estate investing. This discussion lights up key strategies and valuable life lessons drawn from years of real estate experience and personal growth. This blog post will outline the podcast's rich content, providing an extensive overview for those eager to succeed in real estate investing.David's Resilience: Embracing the E+R=O FormulaLearning from Hardship: The Foundation of ResilienceDavid's story begins with a challenging upbringing in Kentucky, losing his father at a tender age. This early adversity seemed to predetermine a life of struggle for David. However, a transformative lesson came when he learned about the E+R=O formula, which stands for Event + Response = Outcome. This revelation helped David realize that while he couldn't control the events in his life, he had complete control over his responses. This lesson of owning one's response to life's events underpins the greater discussion of resilience in real estate, as echoed by Jay Conner and Randy Dyck.Jay Conner's Journey: From Bank Reliance to Private MoneyPivoting in Crisis: Facing the 2008 Market CollapseJay Conner faced a significant turning point during the 2008 financial crisis when traditional bank financing dried up. This unexpected challenge could have derailed his real estate business. Instead, Jay turned to private money—a strategy that fundamentally altered the trajectory of his success. Unlike conventional loans, private money involves borrowing from individuals with available capital under terms set by the borrower. This strategy not only revitalized Jay's business but tripled its size, illustrating the power of resilience and adaptability.The Importance of a Supportive CommunitySurrounding Yourself with Positive InfluencesJay Conner emphasizes the notion that one's "vibration" or energy is significantly influenced by the people around them. This idea aligns with Jim Rohn's wisdom that individuals are the average of the five people they spend the most time with. By building a network of positive, like-minded individuals, investors can maintain high energy and motivation, which is crucial in navigating the ups and downs of real estate.Trust, Vulnerability, and Resilience in Real EstateBuilding the Foundations of SuccessRandy Dyck introduces a powerful analogy of trust and resilience in real estate, likening them to a house's structural components. Trust forms the foundation, hope, and vulnerability of the walls, and the resilience of the roof. Jay Conner agrees with this analogy, adding that spiritual trust also plays a pivotal role. For real estate investors, establishing a strong foundation of trust can protect against inevitable market volatility and ensure long-term success.Strategy and Mindset: Key Ingredients to Real Estate SuccessMaximizing Returns in Property InvestmentJay Conner's real estate strategy involves precise calculations to determine the worth of an investment. Using private money, he typically offers up to 50% of a property's after-repaired value (ARV), which allows for purchasing and rehabbing properties without tapping into personal finances. For instance, for a property with an ARV of $200,000, Jay might offer $100,000 and borrow up to $150,000. This approach ensures that funds are available for unexpected expenses and repairs, emphasizin

Credits to:https://www.youtube.com/@reimastermind "Jay Conner Reveals Top Secret to Raising $2M in 90 Days!"https://www.youtube.com/watch?v=98ClNRyF20g In one of the most enlightening episodes of the "Raising Private Money with Jay Conner" podcast, Jay Conner, along with guest host Jack Hoss, delves into the intricacies of securing and leveraging private money for real estate investments. This post encapsulates the key takeaways and practical strategies shared during this conversation, focusing on mindset, preparation, security for lenders, and invaluable advice for new investors.The Essential Mindset in Private MoneyCultivating the Right MindsetJay Conner emphasizes the paramount importance of the right mindset when approaching private money. Unlike the common approach of chasing funds, Jay advocates for an educational and service-oriented mindset. By focusing on educating potential lenders about the benefits and security of private lending, investors can establish a strong foundation of trust and interest. As Jay cleverly analogizes, chasing money is like chasing a runaway puppy—desperation makes it elusive, while a measured, informative approach makes it attainable.Program Confidence and Security for LendersAn investor's confidence stems largely from their knowledge and understanding of their private lending program. Jay Conner consistently offers an interest rate of 8%, secured by real estate, providing a solid return with collateral for safety. This assurance of security, where the borrowed money is collateralized with the real estate property, serves as a significant selling point, especially for conservative investors wary of potential defaults.The Timing and Process of Raising MoneySecuring Funds Before the DealA recurring theme in Jay's advice is the necessity of pre-arranging private funds before locating a deal. This proactive approach eliminates desperation and positions investors to confidently pursue deals knowing they have the necessary financial backing. Jay presents the notion of having lenders lined up as akin to bringing a loaded gun to a knife fight—preparedness gives a competitive edge.Implementation Strategy: The Good News Phone CallOnce potential lenders are educated and express interest, Jay employs his signature "good news phone call" tactic. During this call, Jay shares vital details about the new investment opportunity, including the community location, after-repaired value, required funding, and closing date—without appearing needy or desperate. This method ensures that lenders stay engaged and excited about the opportunity without feeling pressured.Critical Advice for New InvestorsFinding a MentorFor novices in the real estate investment arena, Jay stresses the importance of mentorship. A mentor can provide guidance and share their wealth of experience, significantly reducing the learning curve and avoiding common pitfalls. Leveraging a mentor's expertise also enables new investors to gain confidence and credibility when securing funds.Resourcefulness and EducationJay's educational approach sets him apart from many industry educators who often withhold key details. His transparency and willingness to share practical information empower new investors to make informed decisions. He recommends the book "University of Success" by Og Mandino as a vital read to bolster one's mindset.Leveraging Real Estate Financing StrategiesMaximizing Returns with Creative FinancingJay elaborates on a strategic approach for buying and financing properties. By purchasing a property for $100,000 with an after-repair value allowing

Did you know you can fund your real estate deals without banks or hard money lenders? In this episode, Jay Conner reveals how private money lending transformed his real estate business, allowing him to raise funding in just 90 days. Discover the key differences between private and hard money, how to attract private lenders, and the secrets to building credibility in real estate investing. Whether you're a seasoned investor or just starting out, this conversation is packed with actionable insights to fund your deals and grow your wealth! To check out the YouTube (video podcast), visit: https://www.youtube.com/@drchrisloomdphd/streams Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show.   Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd If you enjoyed the audio and video quality of this episode, enhance your own productions by signing up through our Descript affiliate link: https://get.descript.com/gaei637mutik Click here to check out our Amazon product of the day (affiliate):https://amzn.to/49euHKg We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/support Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to check out our e-courses and bookstore here: https://www.drchrisloomdphd.com/shop Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p For audiobooks, visit: https://www.audible.com/author/Christopher-H-Loo-MD-PhD/B07WFKBG1F Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow our Blog: https://www.drchrisloomdphd.com/blog Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Subscribe to our email list: https://financial-freedom-podcast-with-dr-loo.kit.com/ Thank you to all of our sponsors and advertisers that help support the show! Financial Freedom for Physicians, Copyright 2024 --- Support this podcast: https://podcasters.spotify.com/pod/show/christopher-loo/support

***Guest AppearanceCredits to:https://www.youtube.com/@wealthjuiceofficial "Jay Conner's Blueprint for Making $78,000 Per Deal (Using None of His Own Money)"https://www.youtube.com/watch?v=jBUNCddrdKY In a recent episode of the Raising Private Money podcast, Jay Conner joins Cory Jacobson and Ryan Bevilacqua on The Weekly Juice Podcast, where Jay shares invaluable insights on private money lending and creative financing strategies that have propelled his successful career. This post delves deeper into Jay's methodologies, illustrating how real estate investors can leverage private money and unique financing options to thrive even in challenging market conditions.The Journey to Private MoneyReal estate can be both lucrative and challenging, often requiring innovative approaches to financing. For Jay Conner, this realization came when traditional financing avenues were abruptly closed off. In 2009, his local bank cut off his line of credit with no warning, prompting him to find an alternative to keep his business afloat.Discovering Private Money and Self-Directed IRAsFortunately, Jay's friend Jeff introduced him to the concept of private money and the power of self-directed IRAs. These tools enable investors to source funds outside conventional banking channels, essentially democratizing access to capital. Inspired, Jay researched how individuals could use retirement funds to finance real estate investments and began formulating a strategy.Establishing Trust Without DesperationOne of the key tenets of Jay's approach is the emphasis on trust. He advises investors to avoid discussing specific deals in initial conversations with potential private lenders. Instead, he focuses on educating them about the private lending program. This approach centers on building trust and interest without appearing desperate for money.Crafting an Attractive Lending ProgramWhen explaining his lending program, Jay shares specifics like interest rates, note lengths, and emergency call options with potential lenders. Offering an 8% annual interest rate—a notable increase from the usual 3-5% local CD rates—Jay makes a compelling case for investors. The program's clarity and attractive returns have successfully attracted 47 private lenders.Leveraging Connections and NetworkingJay's first significant success in raising private money involved an indirect approach. A trusted acquaintance, Wayne, helped him connect with investors interested in the higher returns offered by Jay's program. By leveraging Wayne's extensive local network, Jay was able to secure a $250,000 investment from a somewhat skeptical potential lender. This established a pattern for Jay, wherein he treated private lenders like a bank, setting clear, upfront terms for returns.Real Estate Projects and Profit StrategyJay's borrowing strategy also stands out as methodical and calculated. He typically borrows 75% of a property's after-repaired value (ARV), ensuring investments are backed by solid real estate. For instance, on a property with an ARV of $200,000, Jay might borrow $150,000, ensuring a $50,000 check at purchase, less closing costs. This method ensures profits upfront and upon sale, without initial personal fund investment.Combining "Subject To" and Private Money LendingJay has mastered the use of the "subject to" strategy, allowing him to take over existing mortgages without the original lender's consent while managing monthly payments. When combined with private money, this strategy allows Jay to finance repairs or cover back payments without using personal funds. This hybrid approach provides flexibility and liquidity,