John Casmon

2 min

5 Steps to Raise Private Money with Jay Conner

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.
 

 
LISTEN HERE:


 

 
Announcement: Download Our Sample Deal and Join Our Mailing List
 

 
[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
 

 
Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.