Raising Private Money with Jay Conner

Jay Conner

I’m Jay Conner, also known as the Private Money Authority. Did you know that as a real estate investor, you are missing out on 87% of the deals because you’re “not” leveraging private money? After two decades as an investor, I started the Raising Private Money podcast to help you unlock all the private money you'll ever need to fund your real estate deals - WITHOUT resorting to expensive hard money loans.
If you’ve ever lost out on a great off market deal because you lacked the financing, then you and I are kindred spirits. I’ve been there too, missing seller financed opportunities early on because I didn’t know any better.
On this podcast, we’ll walk through accessing private funding together. You’ll discover:
•How to position yourself to tap into flexible private money funding rather than restrictive, costly hard money loans
•Untapped funding sources like self-directed IRAs – and many others you may not be aware of
•Steps to build your own network of private lenders for repeat financing
I speak with wholesalers, flippers, rehabbers, and investors in every niche about where they were BEFORE private money, and how adding private money has EXPLODED their profits!
Whether you’re a new investor looking to quit your 9 to 5 job and finance your first deal or an experienced investor aiming to do more deals and generate bigger profits, private money is out there waiting for you.
You just need the right mindset, positioning and tools.
Visit JayConner.com to join me on this journey and fund your first (or next) deal. All the capital you need is closer than you think. Let’s get there together!

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Self-Storage Success: Alex Pardo’s Path to $1.45 Million in Private Money

Self-Storage Success: Alex Pardo’s Path to $1.45 Million in Private Money

Alex Pardo’s journey in real estate began with the ambition many entrepreneurs share: pursuing time freedom and financial independence. Starting in 2005, he quickly made a name for himself by wholesaling and flipping single-family houses in Miami, closing over 700 transactions. Despite the financial benefits and the rewards of building a thriving business, Alex soon realized that the hustle and constant deal-chasing left him unfulfilled and drained.The structure of the business, with its significant overhead costs and dependency on continuous transactions, soon felt more like a burden than a source of joy. Even though Alex managed a capable team, the daily grind and the lack of a consistent cash flow were at odds with his deeper goals and vision for life.The Wholesaling Grind: An Unfulfilling SuccessAlex Pardo’s journey in real estate began like many ambitious entrepreneurs: driven by the promise of time freedom and financial independence. In 2005, he launched into wholesaling and flipping single-family houses in Miami, eventually closing over 700 transactions. Though this line of work generated substantial revenue, it wasn’t long before Pardo realized that the grind of constantly chasing deals didn’t offer the joy and fulfillment he sought. He felt trapped within his business as if he had built prison walls around it without having the key to escape.Despite having a successful team and well-structured systems, the business model was misaligned with his vision. Instead of delivering the time freedom he desired, it consumed his mental and emotional energy.The Epiphany: Aligning Business with Personal VisionIn 2018, during a cruise with his wife, Alex experienced a pivotal moment. Even though he was physically on vacation, his mind was consumed by business concerns, preventing him from being fully present. This lack of fulfillment prompted him to take a deeper look at his goals and the business model sustaining them. It became clear that his wholesaling business, despite its financial rewards, did not resonate with his deeper life goals.Realigning with his vision required more than a superficial change; it called for a complete overhaul. He recognized that while the business was financially healthy on the surface, it was not providing the bottom-line profitability or personal satisfaction he wanted. He made more money as a solopreneur in earlier years than he did running a large team with significant overhead.Transition to Self-Storage: A Strategic PivotAfter shutting down his wholesaling business, Alex took a sabbatical to reconnect with his personal goals and spiritual beliefs. This period of reflection led him to identify self-storage as a better-aligned business model. Self-storage offered the stability and cash flow he sought, without the constant need to chase new deals. It also provided a lower-maintenance option with fewer moving parts compared to wholesaling.Why Self-Storage?Self-storage presented several advantages, including its low-maintenance nature and the ability to generate consistent cash flow. Unlike the transactional and high-overhead model of wholesaling, self-storage could provide long-term financial security. It also allowed for the potential of building a business that required fewer employees and could be more seamlessly systematized and automated.Importance of Alignment and CommunityA recurring theme in Alex's story is the importance of aligning one's business with personal goals and values. He stresses the need for entrepreneurs to understand their vision and create business models that support that vision. This alignment ensures long-term satisfaction and fulfillment, going beyond mere financial success.Both Alex and Jay emphasize the significance of faith and surrounding oneself with a supportive community. Alex’s faith has been a cornerstone of his journey, providing

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Self-Storage Success: Alex Pardo’s Path to $1.45 Million in Private Money

Self-Storage Success: Alex Pardo’s Path to $1.45 Million in Private Money

Alex Pardo’s journey in real estate began with the ambition many entrepreneurs share: pursuing time freedom and financial independence. Starting in 2005, he quickly made a name for himself by wholesaling and flipping single-family houses in Miami, closing over 700 transactions. Despite the financial benefits and the rewards of building a thriving business, Alex soon realized that the hustle and constant deal-chasing left him unfulfilled and drained.The structure of the business, with its significant overhead costs and dependency on continuous transactions, soon felt more like a burden than a source of joy. Even though Alex managed a capable team, the daily grind and the lack of a consistent cash flow were at odds with his deeper goals and vision for life.The Wholesaling Grind: An Unfulfilling SuccessAlex Pardo’s journey in real estate began like many ambitious entrepreneurs: driven by the promise of time freedom and financial independence. In 2005, he launched into wholesaling and flipping single-family houses in Miami, eventually closing over 700 transactions. Though this line of work generated substantial revenue, it wasn’t long before Pardo realized that the grind of constantly chasing deals didn’t offer the joy and fulfillment he sought. He felt trapped within his business as if he had built prison walls around it without having the key to escape.Despite having a successful team and well-structured systems, the business model was misaligned with his vision. Instead of delivering the time freedom he desired, it consumed his mental and emotional energy.The Epiphany: Aligning Business with Personal VisionIn 2018, during a cruise with his wife, Alex experienced a pivotal moment. Even though he was physically on vacation, his mind was consumed by business concerns, preventing him from being fully present. This lack of fulfillment prompted him to take a deeper look at his goals and the business model sustaining them. It became clear that his wholesaling business, despite its financial rewards, did not resonate with his deeper life goals.Realigning with his vision required more than a superficial change; it called for a complete overhaul. He recognized that while the business was financially healthy on the surface, it was not providing the bottom-line profitability or personal satisfaction he wanted. He made more money as a solopreneur in earlier years than he did running a large team with significant overhead.Transition to Self-Storage: A Strategic PivotAfter shutting down his wholesaling business, Alex took a sabbatical to reconnect with his personal goals and spiritual beliefs. This period of reflection led him to identify self-storage as a better-aligned business model. Self-storage offered the stability and cash flow he sought, without the constant need to chase new deals. It also provided a lower-maintenance option with fewer moving parts compared to wholesaling.Why Self-Storage?Self-storage presented several advantages, including its low-maintenance nature and the ability to generate consistent cash flow. Unlike the transactional and high-overhead model of wholesaling, self-storage could provide long-term financial security. It also allowed for the potential of building a business that required fewer employees and could be more seamlessly systematized and automated.Importance of Alignment and CommunityA recurring theme in Alex's story is the importance of aligning one's business with personal goals and values. He stresses the need for entrepreneurs to understand their vision and create business models that support that vision. This alignment ensures long-term satisfaction and fulfillment, going beyond mere financial success.Both Alex and Jay emphasize the significance of faith and surrounding oneself with a supportive community. Alex’s faith has been a cornerstone of his journey, providing

Securing Consistent High Return With Tax Liens and Tax Deeds Featuring Angela Duncan

Securing Consistent High Return With Tax Liens and Tax Deeds Featuring Angela Duncan

Welcome to another enlightening episode of "Raising Private Money" with Jay Conner, also known as the Private Money Authority. In today’s episode, we have a special guest, Angela Duncan, an expert in tax lien investing and the host of the highly-rated podcast "Empower Her Money." Angela shares her journey from poverty and abuse to achieving financial success and happiness. This blog post will delve into Angela’s strategies for raising private money, shifting mindsets, and generating consistent returns through tax lien investing.From Adversity to Success: Angela's Remarkable JourneyAngela Duncan’s journey is nothing short of inspiring. Born into a life of poverty and abuse, Angela moved out at 18 and worked three jobs to change her circumstances. Her initial drive to escape poverty led her to excel in banking, financial advising, and real estate. Today, she is dedicated to helping others create wealth through passive investing. Angela emphasizes that shifting one's mindset is crucial. "Understand that you have the power to choose. Once you become aware of your limiting beliefs, you can replace them with empowering ones," says Angela.The Power of Writing It DownAngela highlights the importance of writing down thoughts and goals as a fundamental method for mindset transformation. "Many years of studies have shown that writing something down makes it more likely to stay in your mind," Angela explains. She recommends using visual aids like a large whiteboard to continuously remind oneself of their goals and progress. This practice helps in consistently working on shifting the money mindset from a scarcity perspective to one of abundance.Understanding Tax Liens and Tax Deeds Angela chose tax liens as her focus in real estate investment due to their passive nature and reliability. A tax lien is essentially a lien on a property due to unpaid property taxes. Investors provide the needed tax amount to the government in exchange for interest when the property owner repays the tax. On the other hand, tax deeds involve buying the actual deed to the property, typically at auction, if the owner fails to pay the taxes. Both avenues offer lucrative opportunities for double-digit returns, but they come with different levels of risk and involvement.Raising Private Money: The StrategyAngela emphasizes that raising private money is not a sales process but a solution-providing one. Identifying the right target market is essential. For Angela, retirees looking for steady, conservative returns are ideal candidates. "Connect potential investors to the right vehicle to meet their financial needs," she advises, underscoring the importance of education and understanding investors' goals. By focusing on helping rather than selling, Angela successfully raised over $1,000,000 for her tax lien fund.Achieving Consistent 22% ReturnsOne of the most compelling aspects of tax lien investing is the potential for high, consistent returns. In Florida, for example, tax liens can earn between 5% to 18%. Combining tax lien investments with tax deed investments can balance risk and reward, often leading to a blended, double-digit return on investment. "By diversifying among short-term notes and tax deeds, you can achieve higher returns while managing risk," Angela suggests.Creating Generational WealthAngela discusses how tax liens can be a vehicle for generational wealth, especially when combined with strategic life insurance planning. Flexible policies like Whole Life or Indexed Universal Life (IUL) can serve dual purposes. They provide life insurance while allowing investors to borrow against the policy for other high-return investments. "This strategy not only preserves capital for the next generation but also educates them on building and maintaining wealth," Angela explains.The Importance of MentorshipAngela emph

From Local Deals to Millions: Jay Conner’s Private Money Success in Real Estate

From Local Deals to Millions: Jay Conner’s Private Money Success in Real Estate

***Guest AppearanceCredits to:https://www.youtube.com/@multifamilyap360 "How I Raised $2 Million in 90 Days for Property Deals with Jay Conner"https://www.youtube.com/watch?v=5rzX5J_zDaA Private money has become a cornerstone for many successful real estate investors. Unlike traditional bank loans, private money offers terms generally set by the borrower, enabling rapid deal closures and often leading to significant profits. Jay Conner, a seasoned expert in private money lending, shares his insights in this enlightening episode of the Raising Private Money podcast.Understanding Private MoneyJay Conner's journey into the realm of private money began out of necessity. After his bank abruptly shut down his line of credit during the financial crisis of 2009, Jay had to find alternative funding sources. Fortunately, his close friend Jeff introduced him to the concept of private money — funds sourced from individuals looking to invest their capital or retirement savings in real estate deals. Unlike institutional banks and hard money lenders, private lenders don't require you to jump through hoops. Jay emphasizes that using private money is more about educating prospective lenders than making a hard sell. "I put on my teacher hat and started teaching people in my own network what private money is," he says, which allowed him to raise over $2.1 million in the first 90 days after his bank cut him off.The Mechanics of Private MoneyTerms and TimelinesIn Jay's model, the private money loans he secures are typically for a two-year period. However, the actual use of the money rarely extends that long. Most deals — from acquisition, and renovation, to sale — are wrapped up within six to nine months. Returns for Private LendersJay started paying his private lenders an 8% annual percentage rate (APR) back in 2009 and remarkably, he still offers the same rate today. One might wonder how he sustains such favorable terms for himself, especially given today's higher interest rates. The answer lies in two points: first, 8% is still considerably higher than the 4.5% or 5% one might earn through conventional methods like certificates of deposit; second, Jay makes the rules. He sets the terms that allow him to offer 8% because he is not competing with the strict, often opportunistic terms of larger financial institutions.Finding Success with Private MoneyFinding Private LendersJay categorizes potential private lenders into three main groups:1. Warm Market: People you already know — friends, family, colleagues.2. Expanded Warm Market:This entails deliberately expanding your network, often through organizations like Business Networking International (BNI), which Jay highly recommends.3. Existing Private Lenders:These are individuals already lending money to real estate investors, often found through self-directed IRA custodians who offer regular networking events.Strategies for High-Profit MarginsJay’s average profit per deal is a whopping $82,000, achieved through two key strategies:1. Targeting Off-Market Properties:Jay primarily acquires off-market properties via Google pay-per-lead services. These properties, usually owned by motivated sellers, are not listed on MLS, allowing for better deals.2. Quick Closures: Thanks to private money, Jay can close deals rapidly, often within seven days, which is attractive to sellers in urgent situations, such as impending foreclosures.The Exit StrategyJay's exit strategy varies depending on how he financed the property. If he financed it with cash through private money, h

Network Your Way to Wealth: Jay Conner’s Advice on Securing Private Funds

Network Your Way to Wealth: Jay Conner’s Advice on Securing Private Funds

*** Guest AppearanceCredits to:https://www.youtube.com/@janebayler "How To Raise Private Finance Without Ever Asking For Money - With Jay Conner"https://www.youtube.com/watch?v=CYU_Y9Ff7fE&t=99s In the fast-paced and competitive world of real estate, having adequate financing is a game-changer. In our latest podcast episode of Raising Private Money with Jay Conner, we delve deep into the myriad strategies for raising private money without ever having to ask for it.The Journey from Traditional Financing to Private MoneyJay Conner's journey is one of transformation and adaptation. Growing up in the housing business, Jay initially focused on mobile homes before transitioning to flipping single-family houses. The real game-changer came in 2009 when the global financial crisis led him to lose access to traditional bank funding. This twist of fate pushed Jay to explore the untapped potential of private money and self-directed IRAs. Remarkably, within just 90 days, Jay raised over $2,150,000 in private finance without directly soliciting it, laying the foundation for his innovative fundraising strategy.The Importance of Being Financially PreparedOne critical insight that Jay emphasizes is the importance of having money ready to make offers on properties. He criticizes the overly optimistic advice from some real estate gurus who suggest getting a deal under contract first and expecting the money to show up later. Jay's proactive approach involves securing finance upfront, ensuring swift transactions, and maximizing opportunities in the competitive real estate market. The Role of Networking: From BNI to Community InvolvementJay's strategy for raising private finance transcends traditional methods. He highlights the role of Business Network International (BNI), a networking group designed to foster connections and lead sharing among professionals. BNI's structure, which allows only one member per category, helps streamline connections and build trust. Participating in weekly meetings and one-on-one sessions provides invaluable insights into other members’ businesses and clients. By leveraging BNI, Jay has successfully networked for real estate deals and private lending opportunities.Beyond BNI, Jay stresses the importance of expanding one's network by engaging with the community. Potential private lenders often belong to three main categories: those who know you, those who know someone you know, and those who may become clients through networking. Investing time in community involvement and nurturing these relationships can yield fruitful connections and opportunities for securing private financing.Educating Potential Private Lenders: A Key Element to SuccessNegotiation is a typical part of securing financing, yet Jay offers a refreshing alternative by focusing on education over negotiation. Prospective private lenders often lack understanding of private money or self-directed IRAs. Jay explains that by educating these individuals about his private lending program and the security it offers, he mitigates the need for negotiations. This approach builds confidence and trust among lenders, making them more comfortable and willing to invest. One of Jay’s notable strategies involves offering promissory notes backed by mortgage or deeds of trust, ensuring the property serves as collateral. Maintaining a conservative loan-to-value ratio of 75% further protects the lender, creating a secure and appealing investment prospect.Marketing Strategies: Direct Outreach to Property OwnersFinding profitable real estate deals is inherently challenging, and Jay's marketing approach is designed to maximize success. Rather than relying solely on listings, Jay focus

Real Estate Financing Demystified: Differences Between Hard Money and Private Money Explained

Real Estate Financing Demystified: Differences Between Hard Money and Private Money Explained

Private money in real estate isn't just a financial tool; it's a gateway to unparalleled flexibility, control, and success. In this episode of Raising Private Money, hosts Jay Conner and Frank Iglesias deep-dive into the sonic depths of private lending. Whether you're a seasoned real estate investor or a curious newcomer, understanding how to master private money can be the game-changer you need. The Benefits and Responsibilities of Private MoneyGreater Freedom and ControlOne of the resounding themes discussed by Frank Iglesias is the level of control private money offers. As opposed to institutional or hard money lenders, private money allows investors more leeway in terms of flexibility, enabling a smoother, often faster transaction. However, with this level of freedom comes the onus of responsibility. Due diligence is crucial, as missteps can lead to substantial liabilities.Jay Conner's 7-Day Private Money ChallengeAn Accelerated Path to FundingJay Conner takes the opportunity to introduce the audience to his latest initiative—the 7-Day Private Money Challenge. This program is geared towards real estate investors who wish to quickly and effectively raise private money. This rapid-paced challenge aims to equip participants with the tools and techniques needed to secure funds without conventional hurdles.Networking: The Heartbeat of FundraisingBuilding Trust Beyond TransactionsFrank Iglesias sheds light on his preferred methods for raising private money—networking and relationship-building. Far beyond mere business interactions, successful fundraising often stems from establishing genuine relationships. Whether it's joining social circles like church groups or gym communities, places where mutual trust already exists, turning these relationships into financial partnerships can be far more effective.Risk Management and Lender ExpectationsKeeping Risk in CheckMitigating risk when using private money is a vital focus for Frank. He underlines the necessity of assessing the risk tolerance of lenders meticulously. Evaluating deals conservatively and always seeking third-party opinions are strategies that can prevent potential pitfalls. This approach not only safeguards the investment but also builds trust with lenders, providing a safety net for all parties involved.Hard Money vs. Private Money LendingUnderstanding the NuancesWhile hard money and private money are sometimes used interchangeably, Jay and Frank take the time to explain their distinctions. Hard money lenders run a more institutionalized operation, often advancing between 65-90% of a property’s purchase price. Private money lenders, on the other hand, offer 100% financing, providing borrowers with greater latitude. Understanding these nuances is crucial for any investor looking to optimize their funding strategy.Frank Iglesias’ Journey From Hard Money to Private MoneyA Breakthrough in Investment StrategyBoth Jay and Frank share personal anecdotes about their transitions from relying on hard money to embracing private money. Frank recounts the tipping point that made him pivot to private lending—realizing it was a cheaper, quicker, and streamlined alternative. This transition marked the beginning of significant breakthroughs in his real estate endeavors, offering unprecedented control and success.Final Words of Wisdom: Tips and PitfallsThe Do's and Don'ts of Raising Private MoneyTo cap off an enlightening episode, Jay asks Frank to offer some final pieces of advice for the audience. Frank's advice is straightforward yet invaluable. Always revisit your existing network to uncover potential opportunities. Avoid convincing yourself that a deal is flawless without

Mastering Private Money: Chris Larsen’s $115 Million Roadmap to Real Estate Success

Mastering Private Money: Chris Larsen’s $115 Million Roadmap to Real Estate Success

In the latest episode of "Raising Private Money," host Jay Conner brings on Chris Larsen, a financial strategist who, with over two decades of real estate experience, has impressively raised more than $115 million in private money. Larsen, who began his investment journey at the age of 21, shares invaluable insights on how he transitioned from biomechanical engineering and finance to becoming a private lending and real estate investment authority. Here’s a comprehensive look into the key points discussed in this enlightening episode.From Biomechanical Engineering to Real Estate MaverickChris Larsen's journey into real estate started when he was a young college student juggling degrees in biomechanical engineering and finance at Virginia Tech. His first real estate venture was acquiring a single-family rental property. Despite the heavy academic workload, he demonstrated a knack for recognizing and seizing investment opportunities early on—a skill that would catapult him into various lucrative endeavors over the next 20 years.The Power of Private MoneyJay Conner introduces Larsen as someone who has successfully raised over $115 million in private money. Chris's success is anchored in his philosophy of building trust and mutual benefit. As Jay underscores, the challenge isn't in asking for money but in offering a valuable investment opportunity. Chris emphasizes the importance of shifting the mindset from one of begging or persuading to one of teaching and offering, which is crucial for any budding real estate investor.Understanding Your Network and Raising CapitalOne of the recurrent themes in this episode is the significance of leveraging your existing network. According to Chris, the first step in raising private money is identifying people who might be interested and have the capacity to invest. He advises creating a list that includes the names, phone numbers, and emails of these potential investors. He shares anecdotes from his sales career, notably his time selling knives and later medical devices, to illustrate how crucial it is to build relationships and understand the needs and goals of your prospective investors. By doing so, you’re more likely to offer them opportunities that align with their financial objectives.Infinite Banking: A Game-ChangerChris introduces the concept of Infinite Banking, which he describes as a specialized whole life insurance contract. He shares personal anecdotes and professional tips on how this strategy can serve as an investment tool rather than merely a protective asset. By storing funds in a whole life insurance policy, investors can earn a guaranteed return and simultaneously leverage this cash value for other investments, maximizing their earning potential.Diversifying Beyond Real Estate: The Case for Cash Flow BusinessesWhile real estate forms the cornerstone of Chris's portfolio, he is also a strong proponent of diversifying into cash-flow businesses like car washes. Owning a portfolio of operational businesses not only provides a steady income but also offers opportunities for significant appreciation. Larsen explains that car washes, which bear similarities to real estate in terms of income generation and value addition, can yield substantial returns, especially when scaled.ConclusionChris Larsen’s journey from a young investor to a successful entrepreneur and real estate expert offers invaluable lessons for anyone interested in raising private money and expanding their investment portfolio. His emphasis on mindset transformation, relationship-building, and diversification provides a comprehensive roadmap for financial success.10 Lessons Covered in this Episode: Introduction to Guest's ExperienceChris Larsen has raised over $115 million in private money with over 20 years of re

How Jay Conner Raises Private Money: The Power of A Servant’s Heart

How Jay Conner Raises Private Money: The Power of A Servant’s Heart

*** Guest AppearanceCredits to:https://www.youtube.com/@hanneshennche/podcasts "How To Raise Private Money For Real Estate Deals With Jay Conner"https://www.youtube.com/watch?v=EGQAOQF6rlM In the recent episode of the Raising Private Money podcast, Jay Conner joins Hannes Hennche in an engaging and compelling discussion about raising private money for your real estate deal without ever asking for money. Renowned as the Private Money Authority, Jay has been an influential mentor, guiding over 2,000 real estate investors in raising private money since 2011. This episode offers a comprehensive deep dive into private money frameworks, providing essential guidance for those aspiring to break free from traditional banking dependencies.The 2009 Financial Crisis: A Pivotal MomentJay Conner's journey into private money investing was spurred by the financial crisis of 2009. Until that point, his investment strategy heavily relied on local banks for funding single-family houses. The sudden cessation of his line of credit by the bank during the global financial crisis left Jay in a dire predicament, with properties under contract and no fiscal avenues to proceed.This crisis prompted a crucial self-reflection, leading Jay to a mentor who introduced him to the concept of private money and self-directed IRAs, forever changing the trajectory of his investment approach.Leveraging Networks for Private MoneyEquipped with newfound knowledge, Jay successfully raised over $2,150,000 within a span of 90 days by tapping into his existing network. His sources included acquaintances from his church and members of his Rotary Club. Jay's experience underscores the importance of personal connections and networking in the realm of private money lending.For individuals who may not have an established network, Jay advocates for rapid network expansion. According to him, there is a direct and unassailable correlation between the breadth of one’s network and their net worth. He equips newcomers with strategies to build and nurture these relationships effectively.Educating Over Selling: The Servant’s Heart ApproachA cornerstone of Jay's methodology is the principle of leading with a servant's heart. He emphasizes educating potential lenders rather than aggressively pitching investment opportunities. This educational approach fosters trust and counters any impression of desperation, which can be detrimental to securing funding.Desperation, as Jay notes, carries a distinct and off-putting odor. In contrast, a calm, informative stance invites collaboration and mutual growth, making potential lenders more amenable to funding opportunities.Ensuring Lender Security and ConfidenceIn his discourse, Jay underscored the paramount importance of protecting private lenders. Transparency and security are integral to his approach, providing assurances such as collateral, insurance, and an equity cushion. This not only fortifies lender confidence but also builds long-term, trust-based relationships.Additionally, Jay's approach includes offering an 8% interest rate devoid of points or origination fees. This consistent and fair treatment of lenders further cements his credibility and reliability in the marketplace.The Strategic Role of Self-Directed IRAsA significant portion of Jay’s lenders use retirement funds through self-directed IRAs. This strategy enables greater flexibility and tax advantages for both investors and lenders. Many potential lenders are unaware of such opportunities until they are informed by knowledgeable mentors like Jay.Collaboration with reputable self-directed IRA companies that adopt transactional fee structur

How Kevin Amolsch Raised $160 Million in Private Money for His Real Estate Business

How Kevin Amolsch Raised $160 Million in Private Money for His Real Estate Business

In the intricate world of real estate investing, assembling the right set of relationships can often be the difference between success and failure. Jay Conner, also known as the Private Money Authority, guides us through the essentials of raising private money. In a recent episode of the "Raising Private Money" podcast, Jay spoke with Kevin Amolsch, a seasoned hard money lender who’s facilitated more than $160 million in capital. This insightful episode sheds light on why having a diversified financial base is crucial and how quick financing options can save lucrative deals.Meet Kevin AmolschKevin Amolsch is a veteran in the real estate lending space with an impressive track record that includes over 2,200 transactions and the management of multiple mortgage funds amounting to more than $750 million in closed loans. He's also a prolific author, having penned books such as "45 Day Investor" and "Fund Your Flip." Kevin’s journey started on Wall Street as a mortgage bond analyst before diving deep into real estate financing.The Need for Different Financial RelationshipsJay Conner opens the discussion by stressing the importance of having various financial relationships in place. While private money from individual real estate lenders can be abundant, there are times it might run short. During such periods, having a relationship with a hard money lender like Kevin can be a game-changer. Quick financing options can rescue deals that require immediate closings, thereby generating opportunities that might otherwise be missed.From Wall Street to Real Estate FinancingKevin shares that his primary entry into real estate occurred at a young age during his college years. Lacking both money and credit, he had to depend on creativity to acquire properties. "The creativity is what is so special about real estate as an industry," Kevin remarks. Over the years, he found his passion lay in financing and structuring deals rather than just buying and selling properties.From Good Deals to Great FinancingKevin’s journey into the financing side began in earnest in 2006, just before the real estate market crash. Instead of being deterred, he saw the crash as an opportunity to raise capital and focus on the lending side. Today, his company, Pine Financial Group, specializes in short-term, value-add, bridge loans for real estate investors.The Importance of Speed in Real Estate TransactionsCase Study: The Fast Closing AdvantageJay illustrates the importance of flexibility and speed by recounting a recent transaction—a beachfront condominium in Atlantic Beach, North Carolina. Despite higher offers on the table, Jay secured the deal because he could close in seven days. "[...] I bought that property for only $425,000, selling it for $595,000," Jay says, highlighting that the ability to offer fast closings can be the key to obtaining high-value properties.Pine Financial Group: Setting Standards in Real Estate LendingA Client-Centered ApproachOne of the distinguishing features of Pine Financial Group is its client-centered approach. Kevin emphasizes, "We are in this for relationships and to help our clients succeed." This methodology means focusing on supporting clients from the pre-approval stage through to the final loan payoff. Such a service model ensures that both parties benefit from repeated, successful transactions.Flexible and NimbleAnother competitive edge of Pine Financial is its flexibility and intimate knowledge of the real estate market, given Kevin and his team's extensive experience as investors themselves. "I'm not in the loan to own business. I'm in the loan to have a lot of loan businesses," Kevin succinctly puts it.Navigating the Lending LandscapePre-Approval Process

Key Questions Private Lenders Ask Before Funding Your Real Estate Deals

Key Questions Private Lenders Ask Before Funding Your Real Estate Deals

In this episode of the Raising Private Money podcast, Jay Conner, along with co-hosts Crystal Baker and Chaffee Thanh-Nguyen, and guest Jay Mora, delves deep into the essential elements of leveraging private money for real estate deals. If you're a real estate investor looking to understand how to raise and use private money to your advantage, this episode offers invaluable insights. The focus is on the common questions private lenders are likely to ask and the strategic importance of setting minimum investment amounts. Below, we break down the key points discussed in this enlightening session.The Vital Role of Private Money in Real Estate DealsJay Conner on the Abundance of Private MoneyJay Conner opens the discussion with a pivotal insight: "There's more private money than you can use." He elaborates with an anecdote demonstrating the importance of sticking to a minimum investment amount. Conversations with potential investors often highlight the availability and abundance of private capital waiting to be tapped by savvy real estate investors. Conner emphasizes that understanding this landscape can significantly impact your success in securing necessary funds.Setting the Minimum Investment AmountCrystal Baker provides her perspective on setting a minimum investment amount, emphasizing flexibility and the benefits of pooling funds from smaller investors. Crystal mentions her minimum investment amount of $30,000 but points out that combining smaller sums from family members or friends can also work. On the other hand, Chaffee Thanh-Nguyen highlights that the optimum minimum investment amount can vary greatly depending on the location and type of investment. Setting a strategic minimum, usually around renovation costs, can ensure you do not undervalue your services or stretch your resources too thin.Preparing for Private Lender QuestionsUnderstanding Common Questions from Private LendersJay Conner introduces a pivotal part of the discussion by listing nine questions that potential private lenders usually ask before funding a real estate deal. Based on a recent webinar with potential lenders, Jay emphasizes the importance of being prepared to answer these questions convincingly. "If they're asking questions, they're interested in lending you money," Jay notes, underscoring the critical nature of these inquiries. Crystal Baker and Chaffee Thanh-Nguyen reinforce the need for thorough preparation to instill confidence in potential lenders.Key Questions to AnticipateJay Conner shares the insights from his recent webinar with investors, highlighting that these questions are not hypothetical but come directly from recent interactions. Important questions include:1. What is the timeline for this investment?2. What guarantees or security can you offer?3. How do you determine the value of the property?4. What is your experience in real estate investing?5. How do you handle potential market fluctuations?Jay advises having clear, honest answers ready, using real-life examples when possible, to build credibility and trust. Chaffee Thanh-Nguyen adds that specificity goes a long way in building lender confidence.Liquidity and Timeline of FundsSelf-Directed IRAs and Investment TimelinesThe episode also touches on another significant aspect: investment timelines, particularly concerning self-directed IRAs. Crystal Baker emphasizes the importance of discussing the timeline and liquidity of funds with investors, especially those considering using retirement funds. Jay Conner acknowledges having both liquid capital and retirement funds, facilitating flexibility in his investment strategies. Crystal points out that while liquid capital can be quickly invested once a deal is available, self-directed IRAs require more

Real Estate Financing Mastery: Advanced Strategies from Jay Conner and Shawn Rhodes

Real Estate Financing Mastery: Advanced Strategies from Jay Conner and Shawn Rhodes

*** Guest AppearanceCredits to:https://www.youtube.com/@bulletproofselling660 "Interview with Jay Conner on Bulletproof Selling"https://www.youtube.com/watch?v=NeNL5xrROfU In the world of real estate investing, raising private money can be pivotal to fueling your business growth. Similarly, in any sales-related field, understanding and speaking your prospect's language can determine the success of your endeavors. In a recent episode of the Bulletproof Selling podcast, hosts Jay Conner and Shawn Rhodes delve into these compelling topics, offering valuable insights from their experiences. Jay shares his journey of achieving a whopping $8.5 million in private funding and teaches how understanding your prospects can transform your sales strategy.Jay Conner's Journey: From Mobile Homes to Private Money MaestroJay Conner, raised in the mobile home business, transitioned into single-family houses in 2003. Initially relying on local banks for funding, Jay faced a significant setback during the financial crisis in 2009 when his credit lines were severed. This period of adversity led him to discover the power of private money lending. Jay soon realized that individual investors could fund real estate deals using their investment capital or retirement funds, setting him free from the dependency on traditional banking institutions.The Private Money ApproachJay has never had to ask for a sale directly or pitch a deal. His strategy revolves around educating potential private lenders about the benefits of private money lending. By wearing his "private money teacher hat" and addressing people’s unawareness, Jay was able to build trust and attract funding without the need for hard selling. His unique approach ensures that he serves his prospective lenders by improving their financial situation, which in turn attracts the funds he needs for his real estate ventures.Understanding and Speaking Your Prospect's LanguageShawn Rhodes emphasizes the importance of understanding your prospect’s language to sideline hope-based sales tactics. Many salespeople mistakenly assume that their prospects fully understand the intricacies of their offerings. This misconception often leads to failed communication and lost opportunities.Jay and Shawn highlight key steps to better connect with prospects:Research and Practice: The Cornerstones of Effective CommunicationJay advises starting with comprehensive research to understand who your prospect is and what language they speak. By joining mastermind groups and engaging with successful peers, salespeople can gather insights into effective communication strategies. Jay underscores the importance of practicing these conversations before approaching actual prospects. In his own field, he recommends speaking to out-of-state property owners first to practice scripts and build confidence.Recording and Reviewing CallsRecording calls is another effective strategy endorsed by Jay and Shawn. By using apps that allow you to record conversations, salespeople can later review their calls to identify what went well and what needs improvement. It's crucial to reflect on the recorded interactions and consistently seek feedback from mentors or more experienced professionals to refine the approach.Metrics and Conversion RatesMeasurement is a fundamental aspect of improvement. Jay advises tracking conversions to understand the effectiveness of your communication strategies. By comparing the number of calls made before and after receiving feedback, salespeople can gauge improvements in their conversion rates. This practice allows for a dynamic approach to sales, enabling continual adjustme

Tim Benskin’s Journey from Army to Real Estate with $500k in Private Money

Tim Benskin’s Journey from Army to Real Estate with $500k in Private Money

In the latest episode of the Raising Private Money podcast, Jay Conner sits down with Tim Benskin, a former Marine and National Guardsman turned real estate investor, to delve into the world of raising private money for real estate. Tim has successfully transformed his approach to property investments by leveraging private money—a strategy that offers an alternative to the lengthy and often frustrating process of traditional bank financing. For those looking to break into the real estate market or further their existing endeavors, Tim's journey offers invaluable insights and actionable advice.Raising Private Money: Tim Benskin's JourneyTim Benskin’s foray into real estate wasn’t without its challenges. Initially, he faced setbacks with traditional bank financing, which ultimately led him to explore alternative avenues. Through mentorship and strategic networking, Tim discovered the power of private money. Today, he has raised over $500,000 in private funds and is working on securing an additional $200,000.Key Highlights:Tim's first major deal was funded entirely by private money secured via personal relationships, including contacts from his church community.Use of promissory notes and mortgages recorded with the county to ensure security for lenders.Protecting lenders by naming them on the insurance policy for purchased properties.The Mechanics of Securing Private LendingTim’s approach to securing private lending is both structured and transparent, focusing on ensuring the lender's protection and trust. Here’s a breakdown of how he makes it work:1. Promissory Notes and Mortgages:All loans acquired by Tim are secured via legally binding promissory notes and mortgages, which are recorded with the county. This ensures that all transactions are not only formalized but also provide legal protection to the lender.2. Insurance Policies:Tim goes a step further by including lenders on the insurance policies of the properties he buys. This ensures that lenders enjoy the same protection as a traditional bank would.3. Attractive Interest Rates and Loan Terms:He offers highly competitive interest rates of 8% on first-position loans and 10% on rehab money. This, coupled with interest-only payments and conservative loan-to-value ratios, makes his program irresistible to investors seeking safe yet profitable avenues for their money.Success through Networking and EducationAfter retiring from the military, Tim plans to focus on networking and hosting luncheons to attract more private money for his real estate ventures. He emphasizes the importance of education, not just for oneself but also for potential lenders.The Power of Mentorship:Tim credits his mentors for helping him develop his strategies and gain the confidence to invite potential lenders to hear about private money. These mentors provided him with the roadmap to success, allowing him to bypass many of the common pitfalls novice investors face.Case Study - 210 Skylark Drive:One of Tim’s notable successes is the property at 210 Skylark Drive. Purchased for $110,000 with a minimal renovation cost of $17,000, this property had an after-repaired value of $360,000. Post-renovation, Tim was able to secure a gross profit of $50,000—an impressive feat made possible through private lending.Educating and Empowering New InvestorsTim is passionate about sharing his knowledge and empowering others to succeed in real estate. He offers education on private funds and self-directed IRAs through luncheons and presentations, demonstrating how individuals can earn high rates of return safely and securely.Live Events and Resources:Moreover, Tim encourages new investors to attend live events hosted by Jay Conner. These events are designed to provide in-depth knowledge and a practical understanding of h

Transform Your Financial Future: Eric Vogel’s Strategies and Jay Conner’s Real Estate Insights

Transform Your Financial Future: Eric Vogel’s Strategies and Jay Conner’s Real Estate Insights

In the latest episode of the Raising Private Money podcast, renowned private money authority Jay Conner sits down with Eric Vogel, a high school teacher turned real estate investor, who shares his incredible journey to financial independence and freedom. This episode is an eye-opener for anyone looking to achieve their own FIRE (Financial Independence, Retire Early) through real estate.The Journey Begins: From High School to High ProfitsEric Vogel and his wife were high school teachers who decided to pivot their careers toward real estate investment. Within just four years, they grew their business to seven figures—a testament to their dedication, strategic planning, and unwavering intention. Their story is a powerful example of how setting actionable goals and focusing on intention can accelerate your path to financial success.The Accidental Landlords: Discovering the BRRRR StrategyWhat started as an accidental rental property quickly evolved into a sophisticated real estate investment strategy. Eric and his wife capitalized on the BRRRR method—Buy, Rent, Rehab, Refinance, Repeat—to rapidly grow their portfolio and achieve financial freedom. This strategy not only helped them accumulate multiple properties but also offered them a steady cash flow, contributing to their financial independence.Defining Your Financial Goals: From LeanFIRE to FatFIREOne of the key takeaways from Eric's journey is the importance of setting specific financial goals. Eric and his wife determined their "LeanFIRE" number, which is the minimal amount needed to retire. They then set progressive goals to achieve "Midsize FIRE" and eventually "FatFIRE," which would allow them an even more comfortable and abundant retirement. This goal-setting framework serves as a roadmap for anyone looking to attain financial independence through real estate.Pillars of Financial Independence: Eric's BlueprintEric shares his five crucial pillars for achieving financial independence:1. Understanding Your Why: Knowing why you want to achieve financial independence gives you a strong foundation and keeps you motivated.2. Dreaming Big: Think beyond what you believe is possible. Big dreams fuel big actions.3. Setting Actionable Goals: Break down your large goals into smaller, manageable tasks that keep you on track.4. Taking Imperfect Action: Waiting for everything to be perfect leads to inaction. Start now, refine later.5. Knowing What is Enough: Understand your financial needs to avoid constantly chasing more money, which can lead to burnout.The Mindset of Giving: A Key to ReceivingBoth Eric and Jay emphasize the importance of a giving mindset to open pathways for receiving. Eric advises transitioning from a scarcity mindset by giving more, suggesting that people should donate 10% of their income. This act of generosity not only helps others but also fosters an abundance mindset, which is crucial for attracting wealth.Common Mistakes New Investors Make: Lessons from the TrenchesEric and Jay discuss common pitfalls many new real estate investors face. These include a scarcity mindset, chasing shiny objects, and failing to follow proper steps, ethics, and legalities. By staying focused and following proven methods, new investors can avoid these costly mistakes.Overcoming Fear: The Roadblock to Financial SuccessFear is a significant barrier for many aspiring investors. Eric advises overcoming this by realizing that the perceived risks are often exaggerated. Building confidence and trust in oneself is fundamental to overcoming these fears. To help with this, he offers an exe

Wealth Building Secrets: Jay Conner's Blueprint for Financial Freedom In Real Estate

Wealth Building Secrets: Jay Conner's Blueprint for Financial Freedom In Real Estate

*** Guest AppearanceCredits to:https://www.youtube.com/@RoadtoGrowth “Jay Conner - Real Estate Investor and Author”https://www.youtube.com/live/ak-lfUtN214 In the realm of real estate investing, success stories are often woven with determination, strategic decisions, and a knack for seizing opportunities. One such luminary in the industry is Jay Conner, whose journey from humble beginnings to a seasoned real estate investor is both inspirational and instructive. Let's delve into the wealth of knowledge shared by Jay Conner in a recent episode, exploring his pivotal moments, tactics, and insights that have shaped his thriving career.From Mobile Homes to Single-Family Houses: A Transformational ShiftJay's entry into the world of real estate was preceded by his involvement in the mobile home business, a domain ingrained in his familial roots. Despite facing challenges in the industry's decline, Jay transitioned to single-family houses in 2003 with resolute optimism. This shift marked a transformative phase in his career, where he embarked on a path that would redefine his success trajectory.Navigating Financial Waters: The Power of Creative FundingOne of Jay's standout strategies was utilizing an unsecured line of credit from a local bank to kickstart his real estate investing journey. This bold move underscored his belief in the power of creative funding and resourcefulness in overcoming financial hurdles. Jay's ability to leverage unconventional financing sources showcases the ingenuity required to thrive in a competitive industry.Cultivating Success: The Role of Mentors and Mastermind GroupsCentral to Jay's evolution as a successful real estate investor was his engagement with mentors and participation in mastermind groups. The significance of surrounding oneself with confident and like-minded individuals resonates throughout Jay's narrative, emphasizing the transformative impact of mentorship and collaborative learning. By seeking guidance from experienced professionals and fostering a supportive network, Jay honed his skills and expanded his horizons in the realm of real estate.The Art of Private Lending: Unlocking Opportunities Through RelationshipsA defining moment in Jay's journey was the shutdown of his line of credit during a financial crisis, prompting a strategic pivot towards private lending. Through innovative approaches such as teaching a private lending program and hosting a private lender luncheon, Jay raised substantial funds without direct solicitations. His emphasis on building relationships and offering value to potential lenders underscores the profound impact of trust and rapport in securing financial backing for real estate ventures.Strategic Renovations and Market ResilienceNavigating the challenges of real estate renovation, Jay adopts a proactive approach by preparing for unexpected repairs and market fluctuations. His commitment to transparency and integrity shines through in ensuring that private lenders receive the promised returns. By adhering to a prudent borrowing threshold and diversifying his funding sources, Jay exemplifies resilience and foresight in mitigating risks and maximizing profitability in the ever-evolving real estate landscape.Jay Conner's journey in real estate investing illuminates the path to success through perseverance, strategic acumen, and a steadfast commitment to building meaningful relationships. His story serves as a testament to the transformative power of resilience, adaptability, and a relentless pursuit of excellence in the dynamic world of real estate. Aspiring investors can draw inspiration from Jay's insights and experiences, charting their own course toward success in the competitive realm of real estate

Three Proven Strategies to Raise Millions in Private Funds for Real Estate

Three Proven Strategies to Raise Millions in Private Funds for Real Estate

In the exciting realm of real estate investing, leveraging private money stands as a cornerstone for achieving success. In the latest episode of the Raising Private Money podcast, Jay Conner and a panel of seasoned guests delve into the dynamics of raising and utilizing private money. The conversation offers invaluable insights and practical advice to both novice and experienced investors. This blog post captures the essence of their discussion, shedding light on strategies, personal journeys, and actionable steps to secure private lenders.The Power of a Solid PlanJay Conner, a master in real estate investing, emphasizes the importance of having a concrete plan when seeking private money. He outlines three fundamental steps to success: Writing Down a Plan: Clearly articulate your goals, strategies, and the milestones you aim to achieve. This written plan acts as your roadmap, ensuring you remain focused and organized. Scheduling the Plan: Allocate specific timelines for each step in your plan. Setting deadlines helps maintain momentum and ensures tasks are completed in a timely manner. Executing the Plan: Taking action is pivotal. Perfect planning means nothing without execution. Conner encourages taking "imperfect action" daily, a concept inspired by Dan Kennedy, to learn and adapt quickly.Networking: Your Best Tool for Securing Private MoneyThe episode highlights the significance of networking as a powerful tool for attracting private lenders. Chaffee Thanh-Nguyen, a seasoned real estate investor turned coach, shares his journey from engineering to owning a successful investment portfolio. He emphasizes that networking, whether through presentations, service organizations, or community groups, establishes credibility and trust.Jay praises Chaffee’s networking prowess, noting that Chaffee has been facilitating networking groups since the mid-2000s. To maximize networking efforts, Conner suggests:Using the "I Need Your Help" Script: Engage professionals such as realtors, attorneys, and accountants to spread the word about private lending opportunities.Reaching Out to Your Warm Market: Start conversations with people you already know. Banjo Camardelle, a dedicated platinum member, highlights that the warm market often includes real estate investors and community groups who are more likely to trust and invest in your projects.Inspirational Journeys in Real EstateThe podcast features inspiring stories from successful investors who have harnessed the power of private money to transform their careers. Crystal Baker shares her journey into real estate investing, revealing how it changed her life and allowed her to mentor others in the community.Crystal recounts a pivotal deal: buying a property for $273,000, spending $67,000 on repairs, and achieving a gross profit of $85,000. This deal was made possible through private money, showcasing the tangible impact of leveraging such funds effectively.Similarly, Banjo Camardelle, who aims to flip at least one property per month with a profit threshold of $30,000 each, underscores the importance of consistent action and a strategic approach in attracting private lenders. Their stories are a testament to the transformative power of private money in real estate investing.Strategies for Attracting Private LendersSecuring private money requires a mix of strategic thought, consistent action, and effective communication. The podcast consolidates several approaches:Targeting the Expanded Warm Market: Beyond your immediate connections, look to friends of friends, real estate groups, and community organizations.Utilizing Private Lender Data Feeds: Access lists of existin

Jay Conner’s Proven Guide to Using Private Money for Real Estate Investing

Jay Conner’s Proven Guide to Using Private Money for Real Estate Investing

Credits to:https://www.youtube.com/@pantheoninvestPrivate Money Mastery: Proven Tactics from a Leading Lending ExpertPrivate Money Mastery: Proven Tactics from a Leading Lending ExpertIn the latest episode of the Raising Private Money podcast, Jay Conner joins Dave Wolcott on his Wealth Strategy Secrets of the Ultra Wealthy podcast and shares invaluable insights into wealth-building through private money lending. Jay’s journey from facing financial constraints to securing over $2,000,000 in private funds is both inspiring and instructional for anyone looking to thrive in the volatile world of real estate investments.The Two Key Mistakes in Real Estate:Jay Conner’s successful real estate career wasn’t built overnight; it was forged through hard lessons and strategic pivots. He begins by discussing two major mistakes he made early in his real estate journey: 1. Lack of Proper Guidance: Jay Conner emphasizes the importance of having a mentor or guide when starting out in real estate. Without proper advice, he found himself making costly decisions that could have been avoided with the right guidance. 2. Overlooking Carrying Costs: Another crucial mistake was not adequately calculating the carrying costs on rental properties. Overlooking these costs can drain resources and diminish profits, underlining the necessity of detailed financial planning.Leveraging Tax Strategies and Self-Directed IRAsJay delves into sophisticated tax strategies related to self-directed IRAs, which enable private lending while offering substantial tax advantages. Both borrowers and lenders benefit: borrowers get quick, flexible funding, while lenders enjoy significant tax relief. This win-win strategy highlights the innovative ways investors can minimize tax liabilities while accelerating wealth growth.The Power of Private Money Over Traditional LendingOne of the pivotal moments in Jay's career came when he lost his bank credit in 2009. This forced him to explore alternative funding options, which led him to the world of private money lending. Jay contrasts private money with traditional bank loans, emphasizing several advantages:Control and Flexibility: Unlike banks, private money lending allows you to set your own terms, avoiding rigid requirements.No Down Payment Deals: Private money deals often do not require down payments, making it easier to secure properties.Quick Closings: Speed is crucial in real estate, and private lenders can close deals much faster than traditional financial institutions.No Origination Fees: Banks often charge hefty fees, which are absent in private deals.Productive Habits that Drive SuccessThe Rule of 5: Prioritize five key activities that align with your goals, ensuring you stay focused daily.Scheduling Success: Jay advocates for scheduling critical tasks and activities, making sure they are non-negotiable aspects of your calendar.Success Nuggets and StrategiesSecure Deals with Private Money: Jay’s method involves securing properties using private money and providing significant protections to lenders, such as collateralizing the notes and naming them as mortgagees on insurance policies.Diverse Uses of Private Money: Funds can be utilized for purchases, refinancing, and renovations, providing a versatile financial tool.No Limits on Borrowing: There’s no cap on the amount of private money you can borrow

Financial Recovery and Inner Peace: Lessons from David Meltzer’s Life Journey

Financial Recovery and Inner Peace: Lessons from David Meltzer’s Life Journey

In the latest episode of the Raising Private Money podcast, Jay Conner and David Meltzer dive deeply into powerful conversations around emotional resilience, overcoming fear, understanding true happiness, and achieving financial success. David Meltzer, a seasoned entrepreneur who experienced both monumental gains and losses, brings invaluable insights on navigating life's hurdles and creating an abundant, happy life.Overcoming Obstacles: David Meltzer's JourneyDavid Meltzer's journey is a compelling narrative of spectacular highs and devastating lows. Despite initially making millions, David faced financial ruin in 2009, losing over $100 million. His story, however, is not one of defeat but of resilience. David emphasizes the transformative power of asking for help, a lesson born out of his downfall. Embedded with humility, this lesson underscores the importance of relying on community and support systems to navigate through life’s challenges.David's journey illustrates the importance of shifting from a mindset of "ignorant arrogance" to "radical humility." This paradigm shift enabled him to rebuild his life, integrate lessons from his failures, and eventually achieve greater success. His story teaches us that setbacks are often set up for greater comebacks, provided we have the right mindset and support.Defining True HappinessOne of the most compelling parts of the conversation revolves around the definition of true happiness. David Meltzer underscores that true happiness transcends financial success. For him, happiness stems from living a purposeful life, one that aligns with giving and receiving. An essential part of this alignment is recognizing and appreciating what we are given and feeling worthy of these gifts.David recounts his personal mission to empower over a billion people to be happy and stresses that material wealth should support our happiness, not define it. He explains that achieving true happiness involves understanding our bigger purpose, which is often unrelated to our bank account balance. Happiness, therefore, is deeply intertwined with self-awareness, gratitude, and the continuous pursuit of personal growth.Strategies to Overcome FearFear is a significant barrier to achieving success and happiness. According to David Meltzer, understanding and managing our reaction to fear is crucial. Instead of being paralyzed by fear of rejection, failure, or the unknown, David advises recognizing the emotional and physical responses fear triggers. Anger, anxiety, guilt, and resentment are often indicators of underlying fear.David advocates a practice of “stopping, dropping, and rolling” when fear sets our minds on fire. This involves pausing to center ourselves, breathing deeply, and realigning with our goals and purpose. By doing this, we can manage fear more constructively and prevent it from derailing our progress.The Power of Giving and ReceivingAn important theme in David Meltzer’s philosophy is the balance of giving and receiving. Giving, he explains, should be accompanied by a readiness to receive and an appreciation for what we have been given. This perspective helps maintain a cycle of abundance, fostering a mindset where there is always more than enough for everyone.David shares an analogy of “doggy biscuits” or “goddy biscuits” to explain the biochemical rewards humans receive through acts of kindness and generosity. Giving and receiving both release dopamine, oxytocin, serotonin, and endorphins, reinforcing these positive behaviors. Witnessing acts of giving also triggers these ‘feel-good’ chemicals, promoting a holistic culture of abundance.Daily Practices for Sustained SuccessDavid Meltzer shared his daily routine practices that keep him aligned with his goals. His most crucial habit is his “unwinding routine,” which optimizes his body, mind, and soul fo

Optimizing Your Professional Reach Through Podcasting with Adam Torres

Optimizing Your Professional Reach Through Podcasting with Adam Torres

In a recent episode of the Raising Private Money podcast, with Jay Conner and featuring guest Adam Torres, the discussion centers around the profound impact of podcasting on professional development, networking, and entrepreneurship. Adam Torres, co-founder of Mission Matters, a media and branding company, delves into the nuances of podcasting that make it an essential platform for professionals today.Establishing Credibility through ConsistencyAdam Torres emphasizes the importance of consistency in podcasting. By maintaining a regular schedule and providing quality content, podcasters can build a solid catalog that not only attracts listeners but also enhances their credibility. Sharing personal experiences, Adam notes how his involvement in podcasting has led him to prestigious events and opportunities, underlining the power of media presence in establishing one’s credibility in any industry.The Power of Legacy and Brand BuildingOne of the key points discussed is the value of leaving a legacy and building a personal brand. Podcasting offers a unique platform to share stories that resonate and stick with audiences, thereby helping to create a lasting imprint. Jay Conner shares a touching example by turning an interview with his father into a book, showcasing how podcasting can also serve as a means to preserve valuable personal and family histories, enhancing one’s brand along the way.Strategic Networking and Relationship BuildingJay highlights the unexpected benefits of podcasting such as fostering relationships that have concrete professional advantages. Adam corroborates this by explaining how strategic guest selection and targeted content distribution can serve as a form of networking, which potentially opens up avenues for collaborations, investments, and even fundraising.Using Podcasting to Raise Private MoneyA significant portion of the discussion is dedicated to how podcasting can be a strategic tool for raising private capital. Adam proposes starting a niche-specific show to attract targeted listeners and using the platform to casually discuss possible investment opportunities with guests. This method, Adam suggests, presents a less aggressive yet highly effective approach to capital raising, where the conversation can naturally lead to investment without the initial hard sell.Leveraging Media for Greater Business OpportunitiesAdam’s transition from finance to media was punctuated by his realization of the untapped potential in podcasting. With over 6,000 podcast episodes to his credit, he shares how this medium has helped him start a fund and engage in other business ventures inadvertently. The passive yet powerful influence of regular podcasting meant that opportunities came to him, showcasing how media involvement can catalyze professional growth and business opportunities in unexpected ways.Conclusion: Integrating Podcasting into Your Business StrategyAs Adam Torres and Jay Conner concluded their engaging discussion, it was evident that podcasting is more than just a broadcasting tool—it is a strategic asset that can enhance personal branding, establish credibility, foster impactful relationships, and even facilitate fundraising efforts. For entrepreneurs and business professionals looking to amplify their influence and opportunities, podcasting presents a viable, flexible, and impactful avenue to explore.“As We Get Older, Nobody Looks At How Much Money Is In The Bank, The Focus Shifts To Things That Matter” - Adam Torres10 Lessons Covered in this Episode:1. Media Impact: Podcasting enhances credibility by opening networking opportunities and accessing elite venues.2. Family Values: Podcasting connects personal experiences to broader audiences, enriching lifestyle and family relations.3. Financial S

Paul Thompson's Insider Secrets to Raising $30 Million in Private Money

Paul Thompson's Insider Secrets to Raising $30 Million in Private Money

Financial freedom is not just a dream; it's a feasible reality for those who are willing to step off the beaten path and take control of their financial destinies. In this episode of the Raising Private Money podcast, guest Paul Thompson, an expert in real estate and private lending, shares invaluable insights on achieving financial freedom by investing in real estate.The Philosophy of Private FundingPaul Thompson and Jay Conner delve deep into the core principles of Raising Private Money. A central theme is the strategy of building relationships rather than making direct financial requests. This approach not only opens more doors but also establishes a foundation of trust and mutual benefit. Key to this strategy is the concept presented by Jay Conner: 'Dig your well before you're thirsty.' This means building your network and relationships long before you need to tap into them for funding.Realizing Personal Agency and Redefining GoalsPaul discusses the common trap many fall into following life patterns set by society and family expectations. He encourages the audience to awaken to their personal agency—choosing paths that align with their deepest values and goals. This redefinition of success shifts the focus from societal expectations to personal aspirations, paving the way for more targeted and satisfying achievements.Introduction to Seller FinancingOne of the episode's most enlightening discussions revolves around seller financing. Paul Thompson explains this as an advantageous approach where buyers propose to handle maintenance and payments directly to the sellers, releasing them from the hassles associated with traditional bank dealings. This method not only simplifies the purchasing process but also aligns the interests of both parties toward more favorable terms.The Power of Asking the Right QuestionsPaul stresses the importance of asking the right questions, both of oneself and others. It's about identifying what really matters in a transaction or a business relationship. The ability to pinpoint these critical questions can transform challenges into opportunities, driving forward more effective and prosperous engagements.The Wake-Up Call to EntrepreneurshipA significant personal revelation is shared by Paul as he recollects a pivotal moment in 2015—being denied the flexibility to work remotely. This was the wake-up call that pushed him to leave his corporate job and dive headfirst into real estate investing. It's a powerful reminder of how moments of rejection or failure can lead to life's most transformative opportunities.Building a Life by DesignBoth Paul Thompson and Jay Conner conclude by emphasizing the overarching theme of the episode: living a life by design. This vision encompasses not only financial strategies like private lending and seller financing but also the broader philosophical shift toward personal fulfillment and freedom. Listeners are encouraged to sketch their ideal life's vision, focusing on lifestyle, purpose, and time management to facilitate a pathway to financial independence.“The Quality Of Your Life Depends On The Quality Of Your Questions”- Paul David Thompson10 Lessons Covered in this Episode:1. Life by Design:Define individual priorities to create a purposeful and fulfilling lifestyle according to personal values.2. Financial Freedom:Explore real estate investing to achieve financial independence and escape the conventional 9-to-5 work paradigm.3. Unasked Funds:Master the art of raising capital subtly by building genuine relationships rather than direct solicitation.4. Seller Financing:Leverage seller financing to negotiate better terms and manage p

Transform Your Real Estate Game with Private Funding

Transform Your Real Estate Game with Private Funding

Credits to:https://www.youtube.com/@peer2peerrealestate434/featured Peer 2 Peer Real Estate Show 255: How Private Money Saved Jay Conner's BusinessIn a compelling episode of the Raising Private Money podcast, Jay Conner, the renowned Private Money Authority, shares invaluable insights from his transformative journey in real estate investment. With a focus on the potent lever of private money lending, Jay Conner narrates how he turned adversities into opportunities, spearheading a movement that redefines funding in real estate.The Shift to Private MoneyAfter facing the harsh reality of traditional bank financing limitations—highlighted vividly when his credit line was unexpectedly closed—Jay embarked on a new path. His discovery of private money lending not only salvaged his pending deals but also unlocked a reservoir of untapped financial resources. Within just 90 days, Jay notably amassed over $2 million from private lenders, a testament to the efficacy and urgency of this alternative financing.What Makes Private Money Different?Jay Conner's story emphasizes the distinction between traditional hard money lending and private money loans. The latter provides personalized negotiations on interest rates and loan terms, offering both flexibility and control to real estate investors. Unlike hard money which often comes with stiffer terms and higher interest rates, private money can stem from acquaintances, family, or individual investors, imparting a more lenient and adaptable funding structure.Strategic Advantages of Interest-Only PaymentsA significant advantage Jay discussed is the option of making interest-only payments to private lenders. This approach benefits lenders with consistent returns and offers investors better cash flow management, enabling them to maximize their capital on multiple projects. This symbiotic financial relationship fosters growth and sustainability in the investor’s portfolio.Extending the NetworkVenturing beyond his immediate circle, Jay leveraged networking events and platforms like httpshttps://www.QuestTrust.com to connect with prospective lenders who are specifically interested in funding real estate ventures. He highlighted how these venues serve as fertile ground for cultivating relationships that extend beyond mere transactions, enhancing his financial strategy and broadening his investment footprint.Empowering Through EducationUnderstanding the critical role of knowledge and skill in leveraging private money, Jay Conner also promotes his Private Money Academy. This platform serves as a cradle for budding and experienced investors alike, providing education, resources, and live consultations to navigate the nuances of private money lending successfully.Conclusion: A Testament to Perseverance and InnovationJay Conner's narrative is not just about financial gain but also about the resilience and strategic innovation required in today’s real estate market. His journey underscores the importance of adaptive financing strategies in a landscape fraught with challenges. For those looking to delve into real estate or enrich their understanding of innovative financing methods, Jay’s experiences and insights offer a valuable compass.Innovative Real Estate Financing: "Private money is the biggest and fastest way for even a new real estate investor to get a great big check-in their checking account to fix your cash flow problems." - Jay Conner10 Lessons Covered in this Episode:1. Private Money Basics: Understanding fundamental differences between private and hard money for real estate inve

The Secret to Achieving Financial Independence Through Real Estate

The Secret to Achieving Financial Independence Through Real Estate

Credits to:https://www.youtube.com/@thenextlevelincomeshow How to Raise Private Money with Jay ConnerIn a recent engaging episode of the Raising Private Money podcast, renowned real estate expert Jay Conner shared invaluable insights into the world of private lending and real estate investments. Host Chris Larsen facilitated a deep dive into how seasoned investors like Jay Conner are revolutionizing funding strategies, particularly through private money lending, self-directed IRAs, and more.Private Lending UnveiledJay Conner discussed the pivotal role that private lending plays in real estate investment. Instead of traditional bank loans, private lending allows investors to secure funding through individual investors, offering them higher returns in the process. This approach not only accelerates financial growth but also avoids the cumbersome red tape associated with traditional financing. Jay’s strategy focuses on educating potential lenders about the benefits and security of investing in real estate deals, thus raising capital without direct solicitation.The Role of Self-Directed IRAsA significant portion of the podcast was dedicated to self-directed IRAs—a powerful tool for diversifying retirement portfolios with real estate investments. Chris Larsen and Jay Conner elaborated on the flexibility of self-directed IRAs, which permit investors to expand beyond conventional stocks and bonds. Jay highlighted how these IRAs are instrumental in connecting investors with lucrative real estate opportunities, emphasizing the need for ethical practices and ensuring that investments are adequately protected and legally compliant.Overcoming Financial AdversityChris Larsen shared a compelling personal story about facing financial hurdles when his lines of credit were unexpectedly cut. Similarly, Jay recounted his own experience during the 2009 financial crisis when he was compelled to shift from traditional banking to private money. These narratives underscore the significance of resilience and adaptability in achieving financial independence. Both speakers emphasized the formula E (event) + R (response) = O (outcome), advocating that one's reaction to challenges critically shapes their success.Conclusion: A Gateway to Financial FreedomThe episode not only delivered powerful financial strategies but also served as an inspiration for personal and professional growth. Jay Conner’s journey from relying on bank loans to mastering private money lending serves as a testament to what is achievable with the right mindset and tactics. For those looking to delve deeper into the realms of real estate investing, exploring Jay Conner’s methods and taking action on the call to download his free guide on private money at www.JayConner.com/Moneyguide might just be the perfect first step toward financial liberty.Resilience in the Face of Adversity: "I got 100% choice as to how I want to respond to whatever happens. Therefore, it's your response that determines the outcome." - Jay Conner10 Lessons Covered in this Episode: Raising Private Funds: Efficient strategies for securing private investments without traditional banks. Understanding Self-Directed IRAs: Navigating investments in real estate using IRAs effectively. Property Evaluation Techniques: Assessing the potential of properties to maximize investment returns. Lender-Borrower Relations: Building trust and clear communication lines for successful deals. Real Estate Rehab Essentials: Budgeting and plann