E47: The Power Of Private Money with Jay Conner

Joining Co-Host Rob Coldwell today on the Living Well With Rentwell Podcast is the Private Money Authority Jay Conner! Today, we will talk about the power of private money in the real estate market. Jay proves that you don’t need to be a real estate powerhouse in a big city to make a living. Focusing his investments in a small town, Jay has proved that property investments can work anywhere, be it a big city or a small town. Check out today’s podcast to learn how property investments can be your path to a great future no matter where you decide to put your money. www.jayconner.com Free Money Guide: www.jayconner.com/moneyguide Podcast: Raising Private Money with Jay Conner In Jay’s words: My name is Jay Conner…and let me tell you: I CAN RELATE to all these feelings and frustrations of losing out on so many deals. When I started out investing in Real Estate, I did it ALL THE WRONG WAY! Like so many other Real Estate Investors, I was taken to the slaughter house. I went to my local banker and was able to do a few deals…but you know what happened: I had to come up with Big Down Payments, pay origination fees, and most importantly…play by their rules. (Including signing personal guarantees on everything I owned.) I hated it. I felt owned by the bank, out of control, and stressed out. So, I got some education and learned about buying properties “Subject-To,” Using Options, and buying with “Lease/Options.” These tools opened up my opportunities, but then The Hammer Came Down!!! When the market turned south big-time…my banker CUT ME OFF!!! With No Warning!!! I knew I had to find another way. I searched high and low for another system that would give me the funds I needed. Then I realized I needed to combine the best aspects of all that I researched. And that’s whenI created the basis for this system. I kept refining it until I thought I had the best formula. Then I put it all together and made contact with my first prospect. I trusted my system and the very first person I approached gave me $250,000 in Private Money…and what blew me away was How Easy It Was!!! Within a few, short months…I had $2,150,000 in Private Money!!! And that was just a couple of years ago…and it has ROCKED MY REAL ESTATE INVESTING CAREER! (My banker actually did me a HUGE FAVOR…I just didn’t know it at the time because that set-back forced me to create the system that would bring me lots of money Fast and Easy without relying on bankers or my credit.) The Massive Profits (7 Figures Per Year) I’ve been blessed to enjoy by creating and putting into action my “Where To Get The Money Now” System has without a doubt been my Biggest Quantum Leap since becoming a Real Estate Investor. And I live in a city with only 40,000 people. Time Stamps: 0:00 - Start 1:19 - Who are you & what do you do? 9:21 - Your average deal is $78K. What does that mean? 14:19 - What does your business look like today? (Advantage of small market) 22:55 - What is your future looking like? 28:40 - Where do you get started with private money 40:07 - What do you do if the loan is smaller than your typical deal? 42:10 - Will your book and coaching help somebody with little experience? 47:30 - How do you give back to the community? 50:22 - How do you get started? 51:33 - How do you take care of you