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637: Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2) w/Amy Mahjoory

637: Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2) w/Amy Mahjoory

FromBiggerPockets Real Estate Podcast


637: Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2) w/Amy Mahjoory

FromBiggerPockets Real Estate Podcast

ratings:
Length:
57 minutes
Released:
Jul 19, 2022
Format:
Podcast episode

Description

Most new investors don’t know how to find private money for real estate. They think private money is only reserved for those with a Rolodex full of rich or well-off business people, investors, or relatives. Using this line of thinking, most real estate investors will simply buy a deal, save up for years, and do it again. If you want to get on the fast track to a respectable real estate portfolio—private money is the way to go.But you don’t have to take our word for it. Amy Mahjoory, private money expert, is back on part two of her financing and funding masterclass. Amy has grown her real estate portfolio quickly, thanks to private money. On just her second deal she was able to pay for a significant portion of the property using her private lender. Now, she urges investors, no matter their experience level, to do the same.This time, Amy walks through five strategies that any investor can use to connect with private money lenders today. These strategies are simple—so simple that almost anyone can use them and find success quickly. They don’t require lots of money, time, or experience, but you need to be aware of them next time you’re in a perfect situation to make your pitch. Try these five strategies today, and you may see your inbox flooded with private money offers! In This Episode We CoverWhy raising private money is easy when you’ve built the right systems and strategiesReferrals and why word-of-mouth is one of the most powerful marketing tacticsConnecting with non-real estate-related professionals to raise moneyHow one small “investment” in attending an event can open you up to dozens of lenders at onceBuilding an online presence so you’re known, liked, and trusted by a large community Hosting and attending meetups, no matter the industry or your experience, to find private moneyAnd So Much More!Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-636Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jul 19, 2022
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.