5 Steps to Raise Private Money with Jay Conner, Ep. 419

Jay Conner has been buying and selling houses since 2003 in a population of only 40,000 with profits averaging $67,000. Rehabbed over 300 houses and been involved in over 52 Million Dollars in Transactions. For the past 7 years, Jay has completely automated his 7-Figure Income Business to where he works in his business for less than 10 Years per week. He consulted one on one with over 2,000 Real Estate Investors and $2,150,000 in less than 90 Days in Private Money when cut off from the banks

He is a leading expert on private lending, marketing, and business development We talked to Jay about how you can attract capital for your deals, the five steps of raising private capital and a lot more about private lending.

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[00:01 – 04:08] Opening Segment 

• Jay talks about his background.
• Why you don’t need to be in a big market to be able to invest;
• How private money has the biggest impact on real estate;

[04:08 – 14:30] Attract Capital for Your Deals

• How Jay found out about private money;
• The differences between hard money and private money
• How he uncovered the private money opportunities;
• How teaching helped him find private money;

[14:30 – 37:39] The Five Steps

• Jay’s mindset before raising $2.1 millions raise in 90 days;;
• Five steps of raising private money;
• Why he does not want private lenders to write checks;
• How they share the responsibilities in their partnership;
• He explains how the investment is secured by the property;
• Contact Jay: Links below.

 [37:39 – 43:48] Round of Insights

Apparent Failure:

Not calculating the rental income before investing in a property

Digital Resource:

dealmachine.com

Most Recommended Book:

The Go Giver

Daily Habit:

Stair Mastering

#1 Insight for Attracting Private Money:

Put on your teacher hat. Educate people.

Best Place to Grab a Bite in Morehead City: 

Sunside Restaurant

Contact Jay:

To learn more go to jayconner.com. To get the free download click here.

Tweetable Quotes:

“It’s impossible to fail unless I decide to quit.” – Jay Conner

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