How To Get The Money For Your Rental Properties with Chad Harris

In this episode, Martine Richardson and Chad Harris discuss the journey of investing in real estate, focusing on rental properties and the importance of raising money from private lenders. Chad shares his personal experiences, challenges, and strategies for finding deals and building a successful real estate portfolio. The conversation emphasizes the significance of networking, effective communication with lenders, and leveraging social media to attract potential investors. Listeners are encouraged to take action and utilize the insights shared to enhance their own real estate endeavors.

 

Takeaways

• Chad's journey into real estate began from a need to provide for his family.
• Real estate investment can be approached without traditional bank financing.
• Networking and communication are key to raising money for deals.
• It's important to present oneself as a problem solver to potential lenders.
• Direct mail was a successful strategy for finding deals early on.
• Social media can be a powerful tool for attracting deals and lenders.
• Investors should focus on one key strategy to simplify their efforts.
• Regular communication with lenders is crucial to maintain their interest.
• Documenting your journey can inspire others to invest with you.
• There are numerous opportunities for finding private lenders in your local community.

Sound Bites

• "I knew rentals make money."
• "I love improving houses."
• "You want to get on."

Chapters

00:00Introduction to Real Estate Journey

02:42Transitioning from Teaching to Real Estate

05:46The Power of Seller Financing

08:25Raising Money for Real Estate

11:20Finding Potential Lenders

14:16Structuring Deals with Lenders

17:05The Importance of Communication with Lenders

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