Episode 102: How to Raise Private Money for Real Estate Deals with Jay Conner

20/04/2024 29 min
Episode 102: How to Raise Private Money for Real Estate Deals with Jay Conner

Listen "Episode 102: How to Raise Private Money for Real Estate Deals with Jay Conner"

Episode Synopsis

Jay Conner, the renowned real estate investment leader known as the Private Money Authority and a National best-selling author of "The Masters of Real Estate: Getting Deals Done in the New Economy", shares his journey and expertise in utilizing private money for real estate deals. Jay recounts the pivotal moment in 2009 when his traditional financing fell through during the global financial crisis, leading him to explore alternative funding sources.  Tune in to learn how Jay's creative approach to raising capital has transformed his business and helped over 2,000 real estate investors to succeed in the last decade. Enjoy this episode on your favorite podcast platform✅ Apple →  https://podcasts.apple.com/gb/podcast/how-to-raise-private-money-for-real-estate-deals-with/id1625806145?i=1000653083591✅ Youtube → https://www.youtube.com/@hanneshenncheLet’s Stay Connected✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/Connect with Jay Conner✅ LinkedIn → https://www.linkedin.com/in/privatemoneyauthority/ ✅ Website → https://www.jayconner.com/ Want to learn more about Jay's approach to private money? Check out his book "Where to Get the Money Now" at www.jayconner.com/book.Time Stamps00:00:29 - Jay's Shift to Private Money00:00:52 - The Pain Point of Funding Deals00:03:57 - Building a Network for Private Money00:04:48 - Educating Potential Investors00:09:04 - Expanding Your Network with BNI00:10:09 - Mindset for Raising Private Money00:13:43 - Leveraging Partnerships for Credibility00:14:10 - Protecting Private Lenders00:20:34 - Structuring for Emergency Withdrawals00:21:48 - Legal Considerations with SEC00:22:47 - Differentiating Between Funds and One-Offs00:24:05 - Self-Directed IRAs and Custodian Relationships00:26:50 - Fees for Self-Directed IRA CustodiansSound Bites"Private money has had more of an impact on our business than anything else we've done.""It's like having a group of support where you're bringing leads to them for their business and they're bringing leads to you for your business.""I was able to raise $2,150,000 in less than 90 days when I first learned about private money and was cut off from the banks.""I've never asked anybody for money. I've never pitched a deal."#thepathtowellth #realestate #realestateinvesting #privatemoney #financing #financialfreedom #selfdirectedIRA #networking #podcast 

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