Podcasts about raising private money

***Guest AppearanceCredits to:https://www.youtube.com/@CommercialRealEstateProNetwork "Raising Private Money with Jay Conner - CRE PN #481"https://www.youtube.com/watch?v=MrWWFWU5eGsAre you a real estate investor struggling to secure funding for your deals? Maybe the banks have gotten a little too picky with their lending criteria, or perhaps you're just tired of jumping through endless hoops for a loan. Jay Conner, affectionately known as “The Private Money Authority,” has walked this road and came out on the other side with a strategy anyone in real estate can leverage: raising private money.Jay Conner once again joined Darrin Gross on the CREPN Radio podcast, Jay shared his story, a compelling blend of humble beginnings, tough pivots, and the ability to turn problems into powerful opportunities.From Bank Roadblocks to OpportunityJay's journey in real estate began like many others: he visited the local bank, applied for funding, and went through the usual song and dance of credit checks, financial statements, and asset reviews. For several years, this status quo worked fine. But in 2009, everything changed. Without warning, his line of credit was closed, leaving him with two properties under contract and nowhere to turn. As Jay recalls, “Desperation has a smell to it. I had a problem, not an opportunity.”Faced with a true financial crisis (not just another “opportunity in disguise” quote people love to share), Jay leaned into his relationships and asked, “Who do I know that can help me solve this problem?” That question led him to a colleague who introduced him to the concept of private money and self-directed IRAs, sparking a complete transformation in his approach to deal funding.The Private Money BlueprintJay's method is refreshingly straightforward and, perhaps most importantly, approachable for both seasoned and new investors. Rather than chasing after people and desperately pitching deals, Jay puts on his “teacher hat.” He focuses on educating potential private lenders—often people in his existing network or local community—about what private money is, how it works, and why it's a win-win opportunity.He explains, “Not one of my 47 private lenders had ever heard of private money or self-directed IRAs. I simply taught them.” By presenting a clear, safe, and attractive program to would-be lenders, Jay flips the script, positioning himself not as a beggar but as a provider of opportunity.The three things lenders care about most?Attractive Return: Private lenders are often frustrated with the low interest rates on traditional vehicles like CDs. Jay offers up to 8% or 10%—well above what banks are paying.Security and Safety: Every loan is collateralized with a mortgage or deed of trust, up to 75% of after-repair value, giving substantial equity protection.No Volatility: Unlike the unpredictable stock market, lenders know exactly what their return will be for the life of the loan.The No-Sell ApproachOne point Jay hammered home was the importance of separating “raising money” from pitching specific deals. The worst time to ask for money is when you need it for a deal. By building the relationship and educating potential lenders ahead of time, when the right opportunity comes along, it's not a hard sell—it's just a “good news phone call:” “I have a deal ready for you, here's the terms, here's the timeline.” No pressure, no awkward conversations. Just a smooth transaction.Mindset MattersFor those interested in starting their journey with private money, Jay stresses the importance of mindset. See yourself not as a borrower, but as someone leading with a servant's heart, helping people get better returns safely

In the dynamic world of real estate investing, one challenge consistently rises to the top: finding motivated seller leads. On a recent episode of “Raising Private Money,” host Jay Conner, nationally recognized as the Private Money Authority, sat down with Nicholas Nick, founder of Lead Mining Pros, to talk shop on innovative, practical lead generation strategies that can skyrocket your investing business, whether you're a seasoned pro or just starting.From Restaurants to Real Estate: The Nicholas Nick JourneyNicholas Nick's path to real estate marketing is anything but typical. Before founding Lead Mining Pros, he spent over a decade in the restaurant industry, managing massive teams and enduring grueling workweeks. This experience fostered in him a fearless mindset and a deep understanding of people—two essential skills for real estate success.His leap from hospitality to real estate came through event coordination at a major real estate coaching company. Here, he discovered all investors' pain points: wasted money on inefficient marketing, especially direct mail campaigns with little to show for it.A pivotal moment came when a client, devastated after spending $5,000 on direct mail without a single call in return, reached out for help. Nick realized there had to be a better way, and so he shifted his approach from costly, passive marketing to proactive cold calling. This hands-on shift not only saved money but also began bringing in results.The Birth of Lead Mining ProsStarting, Nicholas personally cold-called hundreds of potential leads every day. Word spread quickly among his peers, who soon began hiring him to generate leads for their businesses. This grassroots, performance-driven approach laid the foundation for Lead Mining Pros, which now generates over $38,000 a week in sales, helping real estate investors build a robust lead pipeline.What makes Lead Mining Pros different? According to Nicholas, it's the combination of tailored lists, high-accuracy skip tracing, and a choice between American or foreign cold callers—each ideal for different markets or strategies. “Niche lists or land? Choose an American caller for the best rapport. Saturated markets or high volumes? Foreign callers, at a third of the cost, get the job done,” Nick advises.Additionally, Lead Mining Pros offers comprehensive, done-for-you texting campaigns and, perhaps most importantly, top-tier customer service. New real estate investors don't just get leads—they get direct access to Nicholas himself for coaching, feedback, and campaign optimization. Free online courses and weekly check-ins ensure that clients get the most from every campaign, and, crucially, learn how to convert warm leads into hot deals.What Works Best: Calls, Texts, or Direct Mail?Jay Conner and Nicholas Nick share a vital takeaway: the most effective lead generation strategy depends on your budget, goals, and willingness to roll up your sleeves. If funds allow, running direct mail, calling, and texting campaigns simultaneously can help you gather invaluable data and maximize response rates. But if you need to prioritize, start with cold calling and texting. These channels not only tend to generate more leads for less money, but they also allow for rapid testing and adjustment.That said, calling and texting do require real hustle. “You can't be an armchair quarterback with a calling campaign,” Nicholas stresses. “If you process and systematize your approach, you can outperform direct mail. But you have to be ready to work those leads.”Converting More Leads: The Secret SauceA persistent issue for investors is making contact with a lead after the initial inquiry. Nicholas's solution: persistence and a structured follow-up sequence. He recommends up to 18 touches (calls, texts, and voicemails) per lead, ensuring no opportunity slips through the cra

***Guest AppearanceCredits to:https://www.youtube.com/@mymenrichard "Private Money Lending with Jay Conner"https://www.youtube.com/watch?v=hTl7M1X3qb4 When it comes to scaling a real estate investing business, one of the biggest challenges investors face is sourcing reliable funding. Traditional routes—think bank loans and institutional finance—often come with red tape, long waits, and restrictive requirements. In a recent Raising Private Money podcast with Richard Lesperance and  Jay Conner, they cracked open the secrets of raising private money—a game-changing alternative for investors looking to close more deals, faster and with greater flexibility.What is Private Money?Put simply, private money refers to funding provided by individual investors rather than banks or hard money lenders. Jay highlights a key distinction: while hard money lenders act as intermediaries between investors and funds, private lenders are direct, one-on-one relationships. These individuals use their liquid capital or retirement accounts (often through self-directed IRAs) to passively invest in real estate, earning a healthy return while the borrower benefits from quick, customizable funding.Jay's Journey from Banks to Private MoneyJay shares his own story: after years of relying on banks, his line of credit was suddenly cut off during the 2008 financial crisis, leaving him scrambling. This “problem” forced him to look for solutions outside the conventional system. A friend introduced him to the concept of private money, and within 90 days, Jay raised over $2 million in new funding—without ever asking for money directly.The secret? Jay adopted the role of a teacher. Instead of pitching or selling, he educated potential lenders about how private money works and the advantages it offered. This educational approach attracted 47 private lenders (and counting), many of whom had never heard of private lending or realized their retirement accounts could be used in this way. Where to Find Private LendersJay breaks it down into three main categories:Your Warm Market: Friends, family, colleagues, and contacts in your phone and social networks.Expanded Network: Connections made through networking, real estate events, and referrals.Existing Private Lenders: Individuals already lending to other investors, often found at self-directed IRA company networking events.According to Jay, over 70% of self-directed IRA holders are interested in loaning money to real estate investors, making these events rich ground for connection.Advantages of Using Private MoneyThe benefits, as Jay enthusiastically outlines, are many:Control: The borrower sets the terms—interest rate, payment frequency, and loan-to-value ratio.Speed: With no bank bureaucracy, deals can close in as little as seven days—a major advantage in a competitive market.No Application Hassles: No credit score checks or drawn-out approval processes.Unlimited Potential: Unlike banks, there's no cap on how much private money you can access or how many deals you fund.Attractive Returns for Lenders: Lenders earn solid, secured returns (often much better than a local bank), creating a true win-win.Is it Safe?Investor and lender protection is paramount. Jay describes several safeguards:Funds are wired directly to the attorney or title company's escrow account, never to the investor personally.Each loan is secured by a mortgage or deed of trust, never unsecured.A conservative loan-to-value (typically 75% of after-repair value) ensures a cushion for market fluctuations.Lenders are listed on insu

***Guest AppearanceCredits to:https://www.youtube.com/@EG_Developer "The Art of Raising Capital"https://www.youtube.com/watch?v=oo0HNrZOvtI If you're a real estate investor or developer wrestling with the age-old question—how do I find funding for my deals?—You're not alone. Most of us start in the same place: we turn to banks, endure rigorous credit checks, and cross our fingers that the funds come through. But as veteran investor Jay Conner shared in his interview with Eugene Gershman, there's a better way: Raising Private Money.In this episode, we'll break down Jay's method for leveraging private lenders—a system that not only allows you to fund deals quickly but puts you firmly in the driver's seat.The Bank Shutdown That Sparked a ChangeJay's journey into private money began out of necessity. For years, he'd relied on banks, but in 2009, his line of credit was abruptly closed. With deals under contract and no financing in sight, he asked himself, “Who do I know that can help?” That call led him to the world of private money, where individuals, often using their retirement funds, can invest in real estate for higher, safer returns.Don't Beg for Money: Teach InsteadOne of Jay's core philosophies? Don't chase money—attract it by teaching. Instead of pitching individual deals with desperation, Jay developed a private money “program.” He educated potential lenders on what private money is, how it works, and why it's mutually beneficial—all before bringing any specific investment opportunity to the table.By wearing his “teacher hat,” he positioned himself as a knowledgeable, trustworthy guide rather than someone begging for help. This simple shift allowed him to raise over $2 million in 90 days.The Secret: Separate the Funding Conversation from the DealJay Conner emphasizes that the worst time to raise money is when you need it urgently for a deal; desperation has a scent that savvy investors can detect. Instead, he recommends cultivating interest in your program beforehand. Explain your investment approach, outline your terms (like 8-10% interest, first or second lien position, borrowing up to 75% of after-repair value), and show potential lenders how their money is protected.When a deal arises, you call with “great news”—not a desperate plea. The money is already pledged, and investors are ready and waiting.Indirect Outreach: Ask for Referrals, Not FundsA genius part of Jay's approach is the indirect ask. Rather than pitching investments directly, he'd connect with well-networked locals (like the town's original Zenith TV dealer!), share that he's helping people earn high rates of return, and ask for referrals. More often than not, people would express interest themselves or spread the word to their circles.This reflective, relationship-driven technique allowed Jay to build a network of 47 private lenders, most of whom had never even heard of private money lending before he educated them.Scaling Up: From Small Deals to MillionsIs this approach scalable? Absolutely. Whether you need $500,000 or $10 million, Jay's model works by adapting your outreach. For example, he's raised nearly a million dollars in a single luncheon by teaching his program to a room of community influencers. He regularly uses presentations, podcasts, and word-of-mouth to reach potential lenders, rather than relying solely on one-on-one conversations.The Role of Self-Directed IRAsA powerful hack in the private money world is using self-directed IRAs. Many investors have retirement funds languishing with low returns. By educating them on how to use these funds for private lending, J

Unlocking Private Money Secrets with Jay Conner   Join your hostess, Jen Josey, for an electrifying episode of REIGN, featuring the legendary Jay Conner. Dive deep into the world of private money in real estate investing. From the importance of a detailed scope of work to how to find and secure private lenders, this episode is filled with valuable insights. Jay Conner shares his transformative journey since entering the industry in 2003 and reveals the secrets behind raising private money efficiently. Learn about the different avenues for securing funds, including leveraging your existing network and exploring self-directed IRA opportunities. Jay also sheds light on how to avoid scams and the critical importance of mentorship in real estate. If you're a real estate enthusiast looking to elevate your game, don't miss Jay's invaluable tips and strategies.   00:00 Introduction to REIGN and Today's Topic 01:01 The Importance of a Detailed Scope of Work 03:24 Introducing Jay Conner: A Journey in Real Estate 04:18 The Power of Private Money 05:18 Jay Conner's Real Estate Beginnings 09:52 Understanding Private Money vs Traditional Financing 14:32 The Secret Sauce to Raising Private Money 21:41 Cashing Three Big Checks on Every Deal 23:35 Lease Purchase and Rent to Own Strategies 33:50 The Reality of Private Lending 34:54 Securing Loans with Real Estate 38:19 Finding Private Lenders 44:09 Red Flags in Private Lending 47:15 Jay Conner's Resources and Events 52:08 The BADASS Framework 01:01:29 Conclusion and Final Thoughts   https://www.jayconner.com/book-details/ Social Media Links: https://www.facebook.com/jay.conner.marketing  https://www.linkedin.com/in/privatemoneyauthority/ https://x.com/JayConner  https://www.youtube.com/@raisingprivatemoneyrealestate Website: https://www.jayconner.com/   To learn more about Jen Josey, visit www.TheRealJenJosey.com To join REIGN, visit www.REIGNmastermind.com Stuff Jen Josey Loves: https://www.reignmastermind.com/resources Buy Jen Josey's Book: From Beginner to Badass: https://a.co/d/bstKlby  

If you've ever wondered how successful real estate investors consistently land incredible deals, you're not alone. On a recent episode of the “Raising Private Money” podcast with host Jay Conner, Dave Payerchin shared powerful, actionable insights from his career, where he's raised over $50 million in private money and built an impressive rental portfolio. Dave's advice is gold, whether you're looking for your first deal or leveling up your investment business.Mindset: Your Most Important AssetDave starts by emphasizing the value of mindset and personal development. Before getting into tactics, he grounds his success in what he calls the “core four”—his relationship with God, his health, his family, and finally, his business. For aspiring investors, this serves as a reminder: true success is holistic and must be built on a solid personal foundation.Crucially, Dave shares a personal lesson about overcoming limiting beliefs—especially the common thought, “I'm not enough.” Through consistent, small commitments (like daily habits), you build self-trust and confidence. In the context of real estate, your mindset directly affects your ability to network, take risks, and follow through on deals.Why Dave Loves Single-Family RentalsDave is a strong believer in affordable housing—specifically single-family rentals, especially in stable, cash-flowing markets like Columbus, Ohio. He points out several reasons why:Demand: Single-family homes are in high demand since people prefer houses over apartments, especially families who want a yard and privacy.Accessibility: It's easier to raise money and get financing for single-family deals. You don't need complex investment structures or syndications.Stability: Markets like the Midwest aren't seeing the same volatility as coastal areas, making them ideal for long-term cash flow.The Power of Private MoneyBoth Dave and Jay agree: private money is one of the most powerful tools in real estate. It allows you to scale your investing without using your capital and enables you to compete as a “serious buyer.” Dave's own story starts with necessity—having no money or credit, he realized he needed to raise 100% of the capital (purchase and rehab) to get started.Often, new investors make the mistake of “shopping for cheaper money” before they've built a track record, thinking they should negotiate for the best rates right away. Dave's advice? Get in the game, even if you pay higher rates at first. Over time, as you close deals and build credibility, you'll attract lenders offering better terms.Finding Deals: The Action StepsSo, how do you break into the business and start finding great deals?Put Yourself Out There: Start by telling everyone what you're doing. Dave suggests overcoming the natural fear of being judged or not taken seriously. The market rewards those who educate and share.Network the Right Way: Use social media strategically—on Facebook, show your family and authentic self. Mix in regular updates about your deals, but keep it natural and genuine. The goal is to build relationships, not just blast advertisements.The Personal Touch: Dave is a master at relationship building. He regularly sends hundreds of personalized holiday texts to his network. Not every message is about business. It's about staying top-of-mind and nurturing relationships without strings attached.Transparency with Lenders: When it comes time to fund deals, Dave keeps it simple for his private money partners, showing basic numbers and security (like a mortgage or promissory note). He distinguishes his deals by avoiding syndications, instead offering lenders first-lien security on a single property for maximum safety.Final ThoughtsDave Payerchin's approach is refreshingly honest and actionable. He reminds us that the secret sau

Discover how Jaden turned an unexpected career setback into a multimillion-dollar real estate success story. Laid off from his corporate 9 to 5, he took a bold leap into multifamily investing—now, just three years later, he owns 199 units worth over $14 million. How did he do it? Find out, as we dive into Jaden's journey and key lessons that can help you make the leap too!

In real estate investing, raising private money is often seen as a numbers game, but at its core, it's really about relationships. This is precisely the message Jay Conner and his guest, Kevin Thompson, share in their enlightening conversation on the "Raising Private Money" podcast. Kevin, an entrepreneur with a proven track record of facilitating hundreds of strategic partnerships, brings knowledge about the true power of relationship capital.The Power of Relationship CapitalBusiness success, especially in fields reliant on collaboration and investment, doesn't exist in a vacuum. Kevin Thompson's journey highlights how critical relationships are—not just transactional contacts, but meaningful, mutually beneficial connections. Over the years, Kevin has helped fellow entrepreneurs generate millions in revenue, not by relentless self-promotion, but through thoughtful introduction, collaboration, and service.A central idea in Kevin's approach is treating relationships with genuine care. Relationships aren't merely a means to an end; they are the end in themselves. The entrepreneurs who grow their businesses consistently are those who invest time and authentic energy in nurturing their network. Whether it's private lenders in real estate or partners in other industries, the principle remains the same: showing up with a servant's heart creates a ripple effect that supports long-term growth.Defining and Creating Strategic PartnershipsMany business owners misunderstand the essence of strategic partnerships. It's not simply finding someone to promote your offerings for a cut of the revenue. Kevin emphasizes that a successful partnership is two people coming together to achieve more collectively than they ever could individually. The most fruitful collaborations begin not with, ‘What can you do for me?' but with, ‘How can I help you serve your clients better?'This shift in mindset is transformative. It allows both parties to explore their unique skills and resources and see how they can uplift each other. The real value isn't just sales or dollars but the experience and trust that's built along the way. Kevin's network is a testament to this philosophy—he's facilitated over 400 strategic partnerships by focusing not on what he can gain, but on how he can help others grow.Being the ConnectorKevin has become known as "The Connector," not simply for the sheer volume of relationships he's built, but for the quality and impact of those connections. His approach is proactive and intentional. Rather than wait for opportunities to come to him, Kevin reaches out to those who inspire him, often from something as small as a thoughtful social media post. He compliments, appreciates, and asks probing questions—curious to learn what excites the other person and how he might contribute to their success.Even when facilitating introductions between others, Kevin's focus is on alignment of values, interests, and intention. True partnerships are only possible when there's a natural fit, and Kevin's intuition allows him to discern these opportunities effectively.Leading with Service—The Secret to ReciprocityOne of the most powerful lessons from Kevin's story is the approach of giving without expectation. Giving appreciation, attention, and help without any strings attached creates an environment where reciprocity happens naturally. Sometimes the benefits return directly from the person you help, other times from an unexpected source. This is the essence of the "law of reciprocity"—what goes around, comes around, often amplified.Implementing Relationship-Building in Your BusinessFor those wanting to implement these principles, the process begins with genuine curiosity. Start new conversations by asking sincerely what the other person is passionate about or currently working on. Listen with intent, not with an agenda. Look for way

If you're exploring strategies to build wealth, especially through real estate, the recent conversation between Jay Conner and Kenneth Gee on the “Raising Private Money” podcast is a must-watch. Kenneth Gee, a seasoned real estate investor, CPA, and commercial lender, has over 26 years of experience, has raised more than $50 million in private money, and has been involved in transactions totaling over $2 billion. In this episode, Ken shares his journey, insights on raising and leveraging private money, and actionable strategies for both active and passive investors.From a 3 AM Epiphany to Real Estate SuccessKen's story begins with a deeply personal motivator: time with family. While working grueling hours as a CPA at Deloitte, he found his only quality time with his newborn daughter was at 3 AM feedings. This realization sparked his pursuit of better financial freedom and work-life balance. Surrounded by successful real estate clients during his lending and accounting career, he decided to dive headfirst into the multifamily property space.His start wasn't glamorous—three small apartment buildings financed using a mix of seller financing, a home equity line, and support from his in-laws. What's notable is Ken's emphasis on starting where you are, using creativity, and not waiting for perfect conditions. He warns against being paralyzed by inexperience; instead, leverage what you have and learn as you go.Why Multifamily?While many consider starting in single-family homes, Ken chose multifamily from the get-go. His logic was straightforward: scalability and risk management. With multifamily, one vacancy doesn't devastate your income stream the way it might with a single-family unit. Plus, greater cash flow allows you to hire help, freeing up your own time—a crucial consideration for those juggling busy careers or family life.Raising Private Money—Built on Trust and TransparencyOne of the most powerful sections of the podcast focuses on Ken's approach to raising private money. Early deals were funded via personal connections, but over time, his network and credibility expanded. Now, Ken runs regular webinars—open and education-focused—for potential investors.This outreach isn't about high-pressure sales. Instead, he invites people to observe, learn, and engage at their own pace. Many followers tune in for months—even years—before choosing to invest. Ken's approach is a model in building trust: provide value, answer questions, and empower investors to make informed decisions.Education and Mentorship: The Real Difference-MakersBoth Ken and Jay stress a critical but often overlooked step: get educated before diving in. Ken's advanced multifamily acquisition program is a year-long commitment with weekly group coaching calls, resources, and hands-on support. The curriculum guides students from developing their personal financial statement and business plan, all the way through underwriting deals and asset management.Why so much focus on the details? Because, as Ken says, lenders and private investors will “sniff out” gaps in your knowledge. Being detail-oriented signals trustworthiness. It's also the key to building your confidence and making sound decisions—cornerstones for long-term success.Common Mistakes—and How to Avoid ThemKen has seen many new investors stumble by underestimating the importance of due diligence and accurate underwriting. Treat real estate as a business, not a side hustle. Those who ignore the details, rush deals, or skip coaching often pay dearly, both in lost money and missed opportunities.Jay adds an important point: don't go it alone, especially early on. A coach or mentor can help you avoid unseen pitfalls and accelerate your learning curve. The resources and podcasts available today can save you the hard lessons Ken had to learn the slow way decades ago.Final Tho

In the ever-changing world of real estate investing, asset classes rise and fall with shifting markets. Yet, according to real estate veteran Kevin Bupp, one asset continuously proves its value, resilience, and scalability: mobile home parks. On a recent episode of the Raising Private Money podcast with Jay Conner, The Private Money Authority, Kevin Bupp shared his extensive experience, including raising over $250 million in private capital, and revealed what makes mobile home parks a standout investment opportunity.The Unexpected Journey to Mobile Home ParksKevin Bupp's real estate journey began at age 19. Like many, he poured his energy into single-family rentals, building an impressive portfolio of 22 properties by his mid-20s. He tasted success but also felt the sting of the 2008 market crash, when he lost nearly everything.Reflecting on that pivotal period, Kevin noted how inefficiencies in managing scattered single-family rentals, compounded by the inefficiency of technology at the time, exposed his business to excessive risk. The crash forced him to reevaluate, rebuild smarter, and ultimately, seek out asset classes offering not just cash flow and efficiency, but also resilience. This search led Kevin to mobile home parks.Why Mobile Home Parks Offer Superior Investment Benefits Recession ResistanceOne of the central appeals of mobile home parks is their stability during economic downturns. Historically, demand for affordable housing rises when the economy struggles. Mobile home parks cater directly to this need, providing low-cost living options that are in constant demand, regardless of market cycles.As Kevin explained, even during periods when single-family home rents fell, mobile home parks remained relatively stable. Residents of these communities rarely leave; replacing or moving a mobile home is expensive, creating natural “stickiness” and consistent occupancy for park owners. Operational Efficiency & ScalabilityUnlike single-family rentals spread across a wide geographic area, each with its operational quirks, a well-managed mobile home park can comprise dozens or even hundreds of income-producing units on one property. Kevin cited his company's experience, scaling from a 34-lot park to properties holding over 700 sites, allowing rapid expansion without proportional increases in overhead.Operationally, many residents in mobile home parks own their homes and simply rent the lots, reducing maintenance costs and management headaches for the investor. This model allows investors to focus on the land and common infrastructure, not individual unit repairs. Barriers to Entry and Limited CompetitionMunicipalities often resist the development of new mobile home parks due to lingering social stigma and zoning challenges. This makes existing parks more valuable over time, insulating owners from the risk of market oversupply. As Kevin put it, many parks were built decades ago and are still held by the original owners. Buying these properties often means acquiring from “mom and pop” operators, frequently below market value. Attractive Financing and Creative Purchasing OptionsKevin detailed how long-term relationships with owners and a reputation for fair, reliable purchases lead to creative financing opportunities, including owner financing with favorable terms, further improving margins and investor returns.The Role of Private Money and Building Investor RelationshipsA core theme of Kevin's discussion was raising and leveraging private capital to fuel growth. He emphasized the importance of sharing real results transparently, whether in networking groups, social media, or his podcast, as a magnet for investor interest. Kevin's approach is simple: prove success, speak openly about your business, an

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

Most real estate investors get this wrong—raising private money isn't about flashy returns or slick pitches. It's about trust, transparency, and knowing your numbers. Greg Helbeck returns to reveal the exact steps he uses to raise millions in private capital without crossing legal lines. You'll learn the key differences between private and hard money, what investors really want to hear, and how to protect both your assets and your lenders. With over 300 deals under his belt, Greg shares the scripts, systems, and mindset that helped him scale responsibly—even in risky markets. Subscribe for more no-fluff strategies from experienced investors. Mentioned in This Episode:Nextdoor — https://nextdoor.comPropStream — https://www.propstream.comCarrot UTM Tracker — https://carrot.com/blog/utm-tracking-links/ListSource — https://www.listsource.comGreg's Site — https://www.velocityhousebuyers.com/ Key Quotes:"If you're not willing to put your own money into the deal, why should someone else?""Raising private money isn't a pitch—it's a relationship.""You don't want to get too big for your britches and over-raise.""Hard money teaches you discipline. It's a safety net for bad deals.""You can't publicly offer returns unless you have a fund. Most people don't.""I only borrow on deals with enough margin to protect the lender—always." Chapters:[0:00] Why Greg Buys with Separate LLCs[1:06] Private vs Hard Money Explained[5:20] Risks of Scaling with Hard Money[9:10] Who Makes a Good Private Lender[10:24] How to Build Trust with Lenders[13:34] How Greg Protects Investor Capital[20:04] Creating a Private Lender Slide Deck[26:05] Tactical Tools to Raise More Capital[32:34] Cultural Differences in Deal Making[37:55] Final Advice: Take Capital Seriously ***Join us live, Thursdays at 11 AM Pacific for the Evergreen Marketing Live Q&A: https://www.facebook.com/groups/officialcarrotcommunity/***Need to grow as a leader? Check out Trevor's podcast: https://link.chtbl.com/EFF***Learn more at Carrot.com/shows - Carrot, a 5x Inc 5000 company, with millions of motivated leads generated over 10+ years.

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

Send us a textWith 25+ years in aviation, Matt Granger wasn't the typical McKinsey candidate. But that didn't stop him from landing an expert role in McKinsey's Travel, Logistics & Infrastructure practice.In this episode, Matt pulls back the curtain on his journey, sharing:How he positioned his deep industry expertise to stand outThe 3-round interview process he went through (and how he prepared)The key resources that helped him ace the case and PEIAdvice for experienced professionals looking to break into McKinseyIf you're an industry veteran wondering if a consulting career is within reach, this episode is your blueprint for making it happen.Additional ResourcesJoin the Black Belt case prep program for expert mentorship throughout recruitingResources on how to break into consulting as an experienced hirePartner LinksMore info on Palm Tree careersRaising Private Money with Jay ConnerFund your real estate deals with private money—learn how on Raising Private Money!Listen on: Apple Podcasts SpotifyConnect With Management Consulted Book a free 15min info call with Katie. Follow Management Consulted on LinkedIn, Instagram, and TikTok for the latest updates and industry insights. Join an upcoming live event - case interviews demos, expert panels, and more. Email our team (team@managementconsulted.com) with any questions or feedback.

***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

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

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

episode 169: "Unlocking Wealth: The Power of Raising Private Money"

***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

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.

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 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

In the transformative realm of real estate investing, few narratives are as compelling as Ed Mathews'. From a Silicon Valley startup connoisseur to a distinguished real estate investor, Ed's journey offers a wealth of insights. In this episode of the Raising Private Money podcast, Ed Mathews shares his experiences and strategies for succeeding in multifamily property investing, along with key takeaways for both active real estate enthusiasts and passive investors.Building a Foundation: Early Influences and Initial HesitationEd Mathews' relocation from Boston to Connecticut in 2008 was a pivotal event, driven by familial priorities. While the move brought him closer to his extended family, it also set the stage for his real estate venture. However, despite favorable market conditions from 2008 to 2011, Ed found himself paralyzed by fear and what-ifs. It wasn't until he met Amy Rio, a determined real estate broker, that he took the plunge. Amy's insistence led to the purchase of a 4-unit property for $99,000—a decision that Ed marks as a turning point in his real estate career.Overcoming Fear and Embracing CourageEd candidly discusses how the fear of financial commitment often holds people back from potential opportunities. He references Tony Robbins' philosophy, highlighting how decisions are often driven by either the pursuit of pleasure or the avoidance of pain. For Ed, the need to escape the conventional 40-year career path provided the necessary push. His mantra, drawn from a coach named Crystal and a friend, Chris Moore, centers on getting comfortable with discomfort—a critical element for growth and success in any endeavor.Building Trust with Lenders and InvestorsTrust forms the backbone of Ed Mathews' strategy for raising private money, an area where he has excelled, having raised $5 million for multifamily properties. Ed stresses understanding the lenders' needs and goals, focusing on offering opportunities that align with their investment objectives. By fostering personal relationships and maintaining transparency, he has turned potential collaborations into lasting partnerships, successfully raising a million dollars in private money along the way.Transitioning from Tech to Full-Time Real EstateBefore becoming a full-time real estate investor in 2018, Ed had a rich career in Silicon Valley, amassing over 24 years of experience. The realization that his real estate income outpaced his tech salary catalyzed his full transition. Founding Clark Street Capital marked a new chapter, enabling him to focus on helping business owners and executives transition away from traditional careers through lucrative real estate investments. His background in startups and crowdfunding also positioned him to leverage unique strategies for raising capital.Strategic Fit and Abundant MindsetOne of Ed's guiding principles is prioritizing quality investments over sheer volume. He ensures that each deal fits his clients' models, thus fostering trust and long-term satisfaction. Ed's abundant mindset—a belief that ample opportunities exist for everyone—differentiates him in a competitive field. He is open to sharing insights and making connections, reflecting a community-driven approach that benefits all parties involved.Innovative Funding Models and New ProjectsClark Street Capital's latest venture, a debt fund, epitomizes Ed's innovative approach. By offering loans at a 12% interest rate with upfront points, he creates a reliable cash flow stream while maintaining trust with flippers, rehabbers, and small multifamily investors. This strategy is reminiscent of selling tools during a gold rush—providing essential resources to those actively engaged in the field.Additionally, Clark Street Capital is spearheading a 100-unit affordable housing project in Central Connecticut. Amid a significant housing shortage, this

***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

***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,

Welcome to a deep dive into the latest episode of the Raising Private Money podcast featuring Neal Bawa, a visionary in the realm of commercial real estate. This episode uncovers the methods and philosophies that have made Neal Bawa a noteworthy figure in the industry. Sitting down with Jay Conner, Neal shares invaluable insights on how to leverage data analytics, technological advancements, and genuine brand-building to elevate your real estate investment game.Transforming Real Estate with Data-Driven InsightsNeal Bawa's Remarkable Achievements: Neal Bawa, CEO and founder of two commercial real estate investment companies, is not your typical real estate mogul. With a background in computer science, Neal has seamlessly merged technology with traditional real estate practices. His pioneering use of real estate analytics has facilitated the acquisition and development of commercial properties across the United States. Under his leadership, these companies have raised an astounding $325 million from over 1,000 private lenders and investors, managing a portfolio boasting over 4,400 units.Neal's commitment to education is evident. With a top-rated free real estate data analytics course on Udemy, boasting over 1,000 five-star reviews, and an expansive reach with over 10,000 participants, Neal has democratized real estate knowledge. His multifamily webinar series also attracts over 5,000 annual attendees, further solidifying his reputation as an industry thought leader.The Vision: PropTech and FinTech InnovationsNeal Bawa's Forward-Thinking Vision: Neal envisions a future where real estate, augmented by PropTech and FinTech innovations, becomes a tradable, highly liquid asset class competitive with the stock market. This futuristic outlook isn't just theoretical; it's grounded in his vast experience and success. Neal believes that leveraging technology for data-driven decision-making is key to realizing this vision, enabling more informed and efficient investment decisions.Strategies for Raising Private MoneyBuilding an Authentic Brand: Neal and Jay Conner discuss the intricacies of raising private money, emphasizing the importance of building an authentic brand. Neal's success is a testament to this approach, where genuine engagement and transparent communication trump high-pressure tactics. In a region like Silicon Valley, a data-focused, authentic brand is especially effective.Neal shares an illustrative example of how he uses newsletters to provide real estate insights. By sharing an analysis report from Local Market Monitor on social media, Neal builds his data-driven brand, attracting investors who appreciate his expertise and candor.Technological Mastery in Real Estate InvestmentLeveraging AI and Automation: Neal's strategies go beyond traditional methods. By integrating advanced technologies like artificial intelligence and automation into business operations, Neal has created an efficient, high-functioning system. For instance, his use of ChatGPT and Perplexity aids in content creation and organization, significantly boosting productivity. Neal's ability to manage a substantial workload with just 27-28 work hours per week, supported by four full-time executive assistants, is a testament to the power of leveraging technology.Optimizing Property ManagementGrow Capitas: The Value Add Approach: Neal Bawa's company, Grow Capitas, is dedicated to acquiring and improving multifamily properties rather than engaging in new construction. Neal's approach involves a comprehensive optimization strategy employing a team in the Philippines and utilizing over 600 systems and processes. This ensures high tenancy satisfaction and financial efficiency, aiming for a 97-98% occupancy rate. Neal believes in long-term projects, focusing on sustainable improvements over typical five-year periods.

In the challenging realm of real estate investing, Banjo, and Erica Camardelle have emerged as a dynamic duo. As guests on Jay Conner's popular podcast, "Raising Private Money," they shared their remarkable journey of raising $3.3 million through private money lenders. Their story is a testament to determination, innovation, and strategic networking, providing invaluable insights for both novice and seasoned investors.Struggling with Cash Flow and Early ChallengesWhen Banjo and Erica launched their business in 2018, they faced the same obstacle many entrepreneurs encountered: a lack of capital. Despite their innovative approach to creative deals, which often involved offering existing note owner financing instead of cash payments upfront, they soon found themselves constrained by financial limitations. With scarce capital, their ability to purchase new properties dwindled, leading to a temporary halt in their business activities.Additionally, the couple encountered operational challenges. The absence of robust systems and processes meant that most of their time was consumed with property rehabbing, diverting their focus from closing new deals. These initial setbacks underscored the necessity of securing a reliable source of funds to sustain and grow their venture.The Breakthrough: Learning to Raise Private MoneyA game-changer for Banjo and Erica was discovering the art of raising private money. By tapping into a network of private lenders, they managed to secure funding for their real estate transactions without relying on their own capital. Their first private lender marked a significant milestone, allowing them to navigate the market with newfound confidence and financial backing.Their strategy revolved around understanding the mutually beneficial nature of private lending. Private lenders could enjoy predictable, high rates of return, while Banjo and Erica leveraged their funds to acquire and rehab properties efficiently. This symbiotic relationship became the cornerstone of their successful business model.Private Lender Luncheons: A Networking MasterstrokeOne of the duo's most effective strategies for attracting private lenders has been hosting Private Lender Luncheons. Initially intimidating, these luncheons have now become a preferred method for Banjo and Erica to introduce their private lending program. By gathering around 25 acquaintances—including team members, friends, and family—and providing an overview rather than a pitch for specific deals, they created a low-pressure environment conducive to discussion and education.The luncheons emphasized key aspects such as protection and the benefits of partnership, making prospective lenders feel secure and valued. Attendees were given forms to express their interest levels, which Banjo and Erica later followed up on through phone calls. This non-direct approach allowed potential lenders to express interest without feeling pressured, fostering genuine connections and trust.The Impact of Networking and Community EngagementBanjo attributes a significant portion of their success to the power of networking. Regularly engaging with potential contacts in places like gyms, clubs, and social gatherings has been instrumental in building a broad base of private lenders. These interactions often began with casual conversations, evolving into educational sessions about private money lending.Addressing the educational gap, Banjo and Erica found that many of their prospective lenders (around 90-95%) were initially unaware of private lending's benefits. By positioning themselves as educators, they effectively demystified the process and attracted a diverse pool of investors.Educational Outreach and Consistent CommunicationTheir approach to private money lending is deeply rooted in education and transparent communication. Banjo and Erica focus on providing

Jay Conner is a seasoned real estate professional with experience in the industry that goes all the way back to as early as 2003. He started investing in real estate through traditional financing strategies and after the 2008 crash, started exploring the world of private money.   Today, Jay is considered a private money expert through his effective systems and strategies to raise private capital mixed with his expertise in creative financing. He offers actionable tips on leveraging private money to maximize profits, emphasizing the importance of networking, educating lenders, and “making the rules” when it comes to financing real estate deals.   What you'll learn about in this episode:  What private money is How you can use private money in real estate Why Jay decided to stay in single-family real estate Where to find private money for your investments The benefits of growing your warm market for private money How to decide on an exit strategy for a deal How much private money is available for real estate investors today When you should start raising private money for your deals Where you can get a copy of Where to Get the Money Now   Request a FREE copy of our best-selling book, Real Estate On Your Terms and Deal Structure Overtime, at absolutely no charge: https://wickedsmartbooks.com/podcast/   Our FREE Master's Class is the ONLY webinar where you're given the exact techniques we use in our family company to buy and sell homes every month — all across North America and ALL on TERMS! Register by visiting: https://wickedsmartacademy.com/mastersclass   Schedule a FREE strategy session with us. This is an opportunity for you to have an honest conversation with our team about your background, investment goals and create some action steps toward creating the life of your dreams. Together we'll discover where you are, where you want to be, and what's in the way. Just visit: https://meetings.hubspot.com/chris2477?uuid=ad97ec3f-38b0-4546-bacb-42d8ad5cc552   Everyone is always asking us, “How is it possible to buy real estate without using my own cash or credit?” With decades of combined experience in real estate, we've perfected the process of investing creatively. We want to share as much as we can with you, which is exactly why we're running this FREE workshop! If you're thinking about leaving your job, escaping the W-2 lifestyle, and starting on the path towards creating generational wealth — this is for you! To register, just visit: http://smartrealestatecoach.com/pcws   The Quantum Leap System has everything you'll need to start buying and selling on terms (without banks and without your own money or credit), launch & scale a business that fits your goals, and strengthen your mindset so you can follow the proven path to becoming a successful real estate investor. You can learn more by visiting: https://wickedsmartacademy.com/course/qls-homestudy-4   For additional information on lead generation, funding, mindset coaching, legal assistance, virtual staffing, and business growth, visit the Investor Resources section of our website at: https://smartrealestatecoach.com/resources/   3 Paydays Apprentice: https://smartrealestate.com/apprentice-pod   In the Trenches Bootcamp: https://smartrealestatecoach.com/ittb-pod   REI Blackbook: https://smartrealestatecoach.com/REIBB-DD   Additional resources:   Raising Private Money with Jay Conner https://podcasts.apple.com/ph/podcast/raising-private-money-with-jay-conner/id1266331428?i=1000633329079   Private Money Power https://podcasts.apple.com/ph/podcast/private-money-power-with-jay-conner/id1266331428?i=1000479714074   Where to Get the Money Now https://www.jayconner.com/chrispre