Summary
In this conversation, Jay Conner shares his journey in real estate investing, focusing on the concept of private money and how it has transformed his approach to funding deals. He discusses the shift from traditional lending to private money, emphasizing the importance of building relationships and teaching others about investment opportunities. Jay provides insights into securing private funding, structuring deals, and finding private lenders, while also sharing practical tips and strategies for aspiring real estate investors.
Takeaways
Chapters
00:00 Introduction to Private Money Investing
01:37 Jay's Journey in Real Estate
03:51 The Shift from Traditional to Private Money
06:16 The Power of Networking and Asking the Right Questions
09:50 Teaching the Opportunity of Private Money
13:00 The Importance of Timing in Funding
14:23 The Script for Securing Private Funding
19:22 Understanding the Risks and Protections for Lenders
27:01 Finding Private Lenders: Expanding Your Network
32:35 Working with Existing Private Lenders
40:01 Calculating Maximum Purchase Prices
41:53 Choosing the Right Properties to Invest In
45:15Conclusion and Resources for Further Learning
Credits:
Hosted by Michael Smith
Produced by Ryan Roghaar
Theme music: "Perfect Day" by OPM
The Carton:
https://medium.com/the-carton-by-eggs
Feature with Zack Chmeis of Straight Method up now!
The Eggs Podcast Spotify playlist:
bit.ly/eggstunes
The Plugs:
The Show: eggscast.com
@eggshow on twitter and instagram
On iTunes: itun.es/i6dX3pCOn
Stitcher: bit.ly/eggs_on_stitcher
Also available on Google Play Music!
Mike "DJ Ontic":
Shows and info:djontic.com
@djontic on twitter
Ryan Roghaar:
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