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  • Servant Leadership and Private Money: The Winning Formula in Real Estate Investing
    2026/09/21
    Credits to:https://www.youtube.com/watch?v=aSpmbmco_pA “He Raised $2M After the Bank Cut Him Off”https://www.youtube.com/@EdgartheConnector If you want to scale your real estate investment business, the biggest bottleneck is often not finding the next deal, but securing the funding to make it happen. Traditional bank financing moves at a glacial pace, comes with layers of red tape, and can vanish overnight—as this episode of the Raising Private Money podcast makes abundantly clear. In this insightful conversation, Edgar Salgado sits down with Jay Conner, the Private Money Authority who built his business after having his line of credit snatched away by his bank with zero warning. What followed was a crash course in resilience, networking, and ultimately, a system for attracting millions in Private Money without a single “ask.”From Crisis to Opportunity: The Power of CommunityJay’s story starts with a gut punch: in 2009, his bank cut off his funding without notice, leaving him with two properties under contract and no way to close. In those first critical moments, he didn’t focus on how to fix the problem alone, but rather on who could help. That question led him to a friend, Jeff, who introduced Jay to the world of Private Money and self-directed IRAs. This is a vital mindset shift for any entrepreneur: don’t ask “how,” ask “who.”Jay emphasizes that real estate is a team sport. Cultivating relationships with mentors, advisors, and mastermind groups isn’t just a networking hack—it’s survival. As John Maxwell told Jay at an event: “I just fail more than anybody else because I try so many more things.” The key is bouncing forward, learning from every experience.How to Attract, Not Beg, for Private MoneyA myth Jay is quick to bust is the “get the deal, the money will show up” mantra preached by so many so-called gurus. The truth? Money doesn't walk up to your door, and it doesn’t have legs. Instead, Jay’s philosophy is to get the money lined up first, offering potential lenders a consistent opportunity regardless of the deal.So how do you start?Lead with Education: The first conversation with a potential lender is never about a deal. Instead, Jay focuses on teaching what private lending is, how it works, and—most importantly—how it’s safer and more lucrative than they’ve realized.Build Real Relationships: Every one of Jay’s 47 private lenders was either a previous acquaintance or referral. Trust is the foundation; never approach someone you don’t know with an investment pitch.Offer Real Protection: Private lenders get the same protections a bank would receive—insured, secured loans, conservative loan-to-values. Jay makes it simple: you’re already approved, and the terms are clear upfront.Separate Money and Deals: Don’t commingle the ask. First, present the opportunity. Only later, when the lender is committed, do you bring a specific deal for them to fund.Why Private Money WinsWhat’s the big differentiator? Speed. In one memorable deal, Jay shared how private funds allowed him to buy an oceanfront condo facing foreclosure within seven days—a timeframe banks could never match. That quick action not only netted a hefty profit for his business but handed the sellers nearly $100,000 more than if it had gone to foreclosure.And, as Jay points out, thinking like a real estate investor doesn’t mean cutting corners or exploiting the vulnerable. Real service is about solving people’s problems, putting money in their pocket, and treating their situation with integrity and empathy. Every successful deal is built on trust, transparency, and putting the other person’s needs first.Final TakeawaysWhether you’re new to real estate investing or ready to scale, Jay’s journey offers a simple but powerful lesson: “Knowledge isn’t power—implementation is.” Seek out the right people, educate them honestly, protect their investment, and deliver every time.For those ready to take action, Jay offers resources like his “Curiosity Opener Script” and book, as well as a vibrant podcast and live events focused on Raising Private Money.Don’t let banks decide your fate. Build your network, serve your lenders, and unlock the funding you need to grow. After all, the best investors aren’t just deal-makers—they’re community builders.10 Discussion Questions from this EpisodeHow did losing access to traditional bank funding in 2009 lead to a new approach for raising capital in real estate deals?What are the core differences between Private Money, hard money, and traditional bank funding as discussed in the episode?Why is building trust and relationships emphasized as foundational before discussing private lending opportunities?How does the practice of "no pitching, no begging, no selling" work in attracting private lenders, according to the strategies ...
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    50 分
  • Step-by-Step Guide to 100 Percent Financing and Problem-Solving in Real Estate Deals with Jeremy Davis
    2026/09/17
    In the ever-evolving world of real estate investing, many aspiring investors find themselves stuck—not due to a lack of deals, but because of uncertainty about how to fund those deals or structure them in a way that truly works. In a recent episode of the Raising Private Money podcast, Jay Conner sat down with Jeremy Davis to break down practical, no-nonsense strategies for tackling these very challenges.If you’re ready to cut through the noise on market trends, creative financing, and raising money, here are critical takeaways from that illuminating discussion.The Danger of Shallow Knowledge and the “One-Strategy” TrapAccording to Jeremy Davis, one of the biggest pitfalls in today’s educational landscape is getting swept up in advice that lacks depth. Far too many resources cover a wide range of topics but don’t go deep enough to help you solve real-world problems. For example, the idea that “co-living” is a magical exit strategy for every deal is misleading. As Jeremy Davis points out, co-living works great with the right stabilized asset—but shouldn’t be your only ace in the hole. The reality is, every property and situation demands a different strategy, and trying to force a square peg into a round hole (like converting every property to co-living) is a recipe for failure.Instead, real opportunity comes from targeting the right deals—specifically, those where motivation, timelines, and equity or terms align with your desired outcomes.The Power of Niche Data in Finding Motivated SellersSo where do investors find these ideal deals? The secret, Jeremy Davis teaches, is in niche data. For those less familiar, niche data means focusing on very specific segments of sellers—such as pre-foreclosures, tax delinquent properties, or probate deals. These categories are goldmines because of the built-in timelines and motivation: whether someone’s about to lose their house to the bank, falls behind on property taxes, or inherits a property they can’t afford to keep, these situations force action.Deals found through these channels not only have the highest chance of being discounted, but also offer you chances to structure financing more creatively—negotiating everything from interest rates to balloon payments.Don’t Worry About the Money—Until You Have the DealA standout moment in the conversation is Jeremy Davis's advice on the sequence of worrying about funding. Contrary to what many newbies believe, you don’t need to have all the money lined up before you secure the deal. Instead, focus first on negotiating and locking up a great property. Then, tap your pre-vetted list of private lenders or hard money investors. This approach stops analysis paralysis and gets you into action, which in turn builds the kind of momentum that attracts available capital.However, consistency is key: if you’re only doing sporadic deals, your favorite lenders might lend their money elsewhere while you’re waiting for the next opportunity. Building a consistent pipeline is how you maintain relationships, credibility, and access to capital.Marketing: More Than Just Finding SellersMost investors equate marketing with looking for motivated sellers. But, as Jeremy Davis shares, marketing is just as crucial for attracting private lenders. By becoming visible—whether through social media, networking, or sharing your journey online—you not only find deals, but you draw in people who want to put their money to work with knowledgeable operators. For instance, one simple video walking a property led him to raise $300,000 from two passive investors who were watching his content.The Myth of 100% FinancingYes, you can fund a deal (purchase and rehab) with zero out of pocket. But as Jeremy Davis emphasizes, these “home run” deals are rare; you’ll need to talk to a lot of sellers, sift through dozens of situations, and market consistently. When you do find a deal with strong equity or terms, private and hard money lenders will compete to fund you—because the numbers make sense, not because you talked a good game.Raising Private Money: Credibility, Clarity, and ConsistencyFinally, Jeremy Davis stresses that raising private capital isn’t about seeking out “rich people” or sophisticated financiers. It’s about being visible, clearly presenting your numbers, and establishing trust through transparency. Whether or not you use formal pitch decks, being able to answer every lender’s questions and understanding your deal inside and out is non-negotiable.Final ThoughtsIf there’s one universal truth from this episode, it’s that solving problems, not chasing unicorn exit strategies or waiting for perfect circumstances, is how you create a real estate investing business that grows. Armed with deeper knowledge, niche data, and the right approach to networking and marketing, you’ll be able to find and fund the deals that set your portfolio apart.Interested in learning more? Jay Conner encourages ...
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    38 分
  • Building a Flexible Real Estate Portfolio for True Freedom with Mandy Konecki
    2026/09/14
    What if you could start investing in real estate—even if you didn’t have everything figured out? For many, this might sound intimidating or even impossible, but Mandy Konecki’s journey proves otherwise. On a recent episode of “Raising Private Money,” Mandy sat down with Jay Conner to share how she stumbled into real estate in 2017 with zero experience, and how the power of connection and community changed everything for her and her husband.Starting Without All the AnswersImagine buying your first investment property without ever seeing it in person. That’s exactly how Mandy jumped in, inspired by her husband Keith’s dream to flip houses and stay rooted in Jacksonville, Florida. “I didn't see it. You said you wanted to stay in Florida and work on a house project, so I bought one,” Mandy recalled. It wasn’t a polished business plan—it was action, uncertainty, and a willingness to learn on the fly.In those early days, Mandy worked a W-2 job to keep some stability while Keith leaped into entrepreneurship. It took a handful of deals before she realized the real magic wasn’t just about building a real estate portfolio—it was about building freedom and designing a life on their own terms.Serving Others Through Creative SolutionsSo how did Mandy and Keith find success where so many get stuck? According to Mandy, it was their refusal to take “no” for an answer and their commitment to helping others. "If I look at something and someone might say, 'Oh, that doesn't work because it won't cash flow as a long-term rental,' there's always going to be a way to make it work," Mandy shared.Many of the property owners Mandy works with don’t have significant equity in their homes—a common hurdle. Instead of walking away, Mandy approaches each deal with creativity and empathy. Her favorite strategy? Buying properties “subject to” the existing mortgage. This allows her to take ownership while keeping the original debt in place—no new bank loan, no massive down payment.From there, Mandy deploys a variety of exit strategies: lease options, long-term rentals, city-backed affordable housing, and even room rentals. The key is flexibility; by keeping multiple options open, she can tailor deals to fit both the seller’s needs and her own investment goals.The Game-Changer: Other People’s MoneyFor many aspiring investors, the greatest hurdle isn’t finding deals—it’s finding the money. Mandy admitted she once believed that asking for help or partnering with others was a sign of weakness. But when she discovered OPM—other people’s money—her real estate business transformed overnight. “There are so many people wanting to get into real estate, but they don’t have the tools, the time, or the know-how. But they have money sitting in the bank making less than 1%,” she explained. By connecting with these individuals, Mandy helped them grow their wealth while funding her own deals—a true win-win.Access to Private Money allowed Mandy and Keith to scale beyond their own means. Instead of being limited to one project at a time, waiting for each flip to free up cash, they now juggle multiple deals simultaneously, partnering with both lenders and equity-sharing partners.The Power of CommunityMandy is adamant that real estate is a team sport. “You are not going to learn by reading a million books. You eventually just have to put your feet in and figure it out because that is the best way to learn—do the thing,” she emphasized. Her advice for anyone looking to get started? Plug into your local investor community, find a way to provide value, and start building relationships.Failures and mistakes, what Mandy calls “tuition,” are inevitable—but they’re also what build true expertise and resilience. Whether you have money, skills, connections, or just the drive to learn, there’s a place for you, and a community ready to support your journey.Final ThoughtsMandy Konecki’s story is a testament to taking imperfect action, serving others, and embracing the power of connection. In real estate—and in life—freedom and opportunity often come from stepping out before you feel ready, and building a tribe along the way. If you’re waiting for the perfect moment or the perfect plan, Mandy’s journey is your invitation to start now, connect deeply, and create your own opportunities.10 Discussion Questions from this EpisodeWhat motivated Mandy Konecki to initially get into real estate investing despite having no prior experience?How did Mandy and her husband Keith use real estate as a path to achieving freedom from their W-2 jobs?What role did community and networking play in Mandy and Keith’s learning and growth as real estate investors?How does Mandy approach properties with little to no equity, and what creative strategies does she use to make such deals work?Mandy mentions using “multiple exit strategies” for real estate deals. What are some examples she provides, and ...
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    32 分
  • Private Lenders Versus Banks: Jay Conner’s Guide to Confident Real Estate Investing
    2026/09/10
    Credits to:https://www.youtube.com/watch?v=A_bISP70sOs “E47: The Power Of Private Money with Jay Conner”https://www.youtube.com/@livingwellwithrentwell In the ever-changing landscape of real estate investing, one timeless truth emerges time and again: access to capital is the lifeblood of successful deals. While many new and experienced investors believe that finding the perfect property is the key to building wealth, industry veterans like Jay Conner know that it’s actually securing funding—particularly Private Money—that lays the foundation for growth and confidence in real estate.What Is Private Money, and Why Does It Matter?First, let’s clarify what we mean by Private Money. Unlike institutional money, which comes from banks or traditional lenders, Private Money is lent by individuals—people just like you and me. Jay Conner describes it simply: “A private lender is a human being... an individual that loans money to you, the real estate investor, either from their investment capital and/or their retirement funds.”This access to capital is a game-changer. For six years, Jay Conner built his real estate business using only bank financing. That all changed in 2009, during the global financial crisis, when he found his credit lines abruptly cut. Within two weeks, he discovered Private Money and raised over $2.1 million, never missing out on a deal for lack of funding since. This turning point didn’t just save his business; it tripled it.The Key Principle: Get the Money Before the DealThere’s a pervasive myth in real estate circles: “Get the deal under contract, and the money will show up.” Jay Conner calls this “the most stupid thing in the world.” He emphasizes, “The money comes first. Focus on getting the money lined up. There’s always going to be deals.” Having money ready doesn’t just enable you to act quickly; it transforms your negotiating power and confidence. Imagine approaching sellers knowing you can close fast—often securing properties at substantial discounts, as Jay Conner routinely does.Building Wealth in Small MarketsOne of the most inspiring aspects of Jay Conner’s story is his success in a market with just 40,000 people. Many believe that major cities hold the opportunity, but his team consistently flips 2-3 houses a month, averaging $78,000 in gross profit per deal. He’s proof that with the right strategies—and Private Money—you can dominate even a “sandbox” market and net millions annually.Becoming the Local AuthorityConsistent marketing and ethical deal-making have set Jay Conner apart in his small-town community. Not only is he solving sellers’ immediate problems—offering creative solutions that banks and traditional buyers cannot—but he’s also revitalized hundreds of properties and helped residents. Having cash available through private lenders means he can close quickly, buy homes at a discount, and even let sellers remain until they're ready to move.Raising Private Money the Right WayFor many, the daunting part is simply asking people for money. Jay Conner flips the script: he never asks for money. Instead, he puts on his “teacher hat,” educating people in his network—friends from church, local business groups, or the Rotary Club—about how they can make safe, high returns on their capital by lending it, securely backed by real estate. He separates the conversation about the program from individual deals, never pitching a specific property in a desperate rush.His process earns trust and creates win-win relationships. Whether folks are new to real estate or seasoned pros, Jay Conner’s approach to Private Money enables investors to confidently scale, navigate tough markets, and build community impact.The TakeawayIf you’re ready to level up your investing, Jay Conner says it best: “Own the real estate between your ears first.” The right mindset, ethical approach, and commitment to educating and serving others will put you on the fast track to raising Private Money—and to transforming your real estate business for years to come.To get started, download Jay’s free guide at www.Jay.Conner.com/MoneyGuide, and don’t wait for the next deal to scramble for funding. Instead, let the money chase you.10 Discussion Questions from this EpisodeJay Conner emphasizes the importance of Private Money over institutional lending. What are the key benefits he identifies for real estate investors who focus on Private Money rather than relying on banks?How did the 2009 financial crisis serve as a turning point in Jay Conner’s career, and what broader lessons can real estate investors learn from his experience losing access to traditional funding?Jay Conner mentions the concept of buying properties in small markets and achieving significant profits. What strategies does he use to dominate these markets, and do you think similar ...
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    56 分
  • Redefining Real Estate Funding with Jay Conner, the Private Money Authority
    2026/09/07
    Credits to:https://www.youtube.com/watch?v=5sff1RevVAw&t=37s “Stop Begging Banks: How to Fund Every Real Estate Deal with Private Money”https://www.youtube.com/@GoodNeighborPodcastCooperCity If you’re venturing into real estate investing or even just curious about alternative forms of financing, the term “Private Money” has likely caught your attention. It’s often shrouded in mystery, separated from the world of conventional banking and lending. But as explored in the recent episode of the Raising Private Money Podcast with Jay Conner, Private Money might just be the game-changer aspiring and seasoned real estate investors have been searching for.Dismantling Myths: What Is Private Money?Most people’s introduction to real estate financing involves banks, credit scores, down payments, and mountains of paperwork. Private Money, as Jay Conner explains, is fundamentally different. Rather than relying on banks or hard money lenders, Private Money comes directly from individuals—ordinary people who invest their capital or retirement funds into real estate deals, bypassing traditional financial institutions and brokers altogether.This shift isn’t simply about sourcing cash; it’s about flipping the power dynamic. With Private Money, it’s not the lender who dictates the terms—the real estate investor does. Instead of applying and hoping for approval, the real estate investor offers an opportunity, teaching potential lenders about the investment advantages. There’s “no asking, no begging, no chasing, no selling, no persuading”—just teaching.Why Is Private Money a Game-Changer?Jay’s passion for Private Money is rooted in his own story. Having started in real estate by following the traditional path—mortgages through banks, lines of credit, and dealing with bureaucratic hurdles—he found his world turned upside down during the 2009 financial crisis. Suddenly, his bank line of credit was shut down with no notice, leaving him grasping for solutions.Instead of folding, Jay leaned into a pivotal question: “Who do I know that can help me solve my problem?” This led him into the world of Private Money—where individuals, sometimes using their self-directed IRAs, could invest directly into his deals. Within 90 days of exploring this new methodology, he had raised over $2 million from private investors who’d never heard of this model before.But what makes Private Money so powerful? Here are a few key advantages Jay outlines:Unlimited Growth Potential: There’s no cap on how many deals you can fund; it only depends on the number of private lenders in your network.Flexible Terms: Investors set the terms, not institutions. Jay, for example, offers his lenders a flat 8% rate, with no origination or “junk” fees.Speed and Control: With funds already lined up, deals close faster, and investors can always pick up a “check” at closing—rather than scrambling for down payments like with traditional loans.Security and Trust: By educating lenders about maximum loan-to-value ratios and repayment methods, investors build confidence and sustainable relationships.The Mindset Shift: Teaching, Not SellingOne of the most important takeaways from Jay’s interview is the mindset real estate investors should adopt. Success with Private Money isn’t about high-pressure pitching or desperate pleas. It’s about teaching: showing people how they can benefit from being a private lender, patiently answering questions, and only presenting deals that match the criteria already discussed with your lenders.This mindset extends to separating conversations: First, teach the opportunity, without a deal in hand. Only once your lender understands and agrees to the terms do you bring them a specific investment. This separation avoids the sense of desperation and builds sustainable trust.From Challenges to Opportunities: E + R = OJay draws inspiration from Jack Canfield’s formula “E + R = O” (Event + Response = Outcome). Events—like losing access to conventional funding—are out of our control. But how we respond determines the outcome. For Jay, the challenge of losing his credit line became the event that propelled him into Private Money—and ultimately, greater success.Getting StartedIf you’re a budding real estate investor, your first step is simple: shift your mindset. Own the real estate “between your ears” first. Approach Private Money as a teacher, not a beggar. Build confidence, clarity, and a strong educational foundation—and then, the deals (and the money) will follow.To dive deeper, Jay offers generous free resources like his “Curiosity Opener” script and his book. The journey from financial setbacks to real estate abundance is paved not just with money, but with the right approach—and an openness to the world of private lending.Ready to make your next deal happen? Start by ...
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    31 分
  • Say Goodbye to Banks: Jay Conner Explains Private Funding for Real Estate
    2026/09/03
    Credits to:https://www.youtube.com/watch?v=XS_owx6k0TY&t=42s “Jay Conner: Private Lending Can Make YOU Rich! | TTLR EP696”https://www.youtube.com/@thethoughtleaderrevolution In a world where access to capital can make or break your real estate ambitions, traditional lending often feels like a road littered with obstacles. Banks say no. Hard money lenders tighten their terms. Yet amid this financial maze, a powerful alternative quietly reshapes the investment landscape: Private Money.On a recent episode of the Raising Private Money podcast, Jay Conner sat down with Nicky Billou to share not just his story, but a step-by-step roadmap for anyone eager to raise and leverage Private Money. If you’re a freedom-loving entrepreneur or a real estate investor chasing bigger profits without the traditional hassle, Jay’s strategies are a must-listen—and a must-implement.The Power of Private MoneyJay’s own journey is a testament to resilience and reinvention. After launching his post-mobile-home-industry real estate career in 2003, Jay did what most investors do: pleaded with banks, assembled paperwork, and prayed for approval. But in January 2009, the rug was pulled out from under him when his line of credit was closed abruptly—possibly the best thing that ever happened to his business.Within weeks, Jay discovered the world of Private Money, a universe where “ordinary people” invest their capital directly with real estate professionals. Unlike hard money—where institutions raise funds and lend with strict terms—Private Money is a handshake between two individuals, driven by trust, education, and mutual benefit. As Jay points out, there’s no limit to the amount of Private Money you can access. It’s not about your credit score; it’s about your relationship and your ability to present the opportunity.How Private Money WorksJay emphasizes that private lenders are everywhere—retired teachers, law enforcement officers, military veterans, even minor children who have inherited some capital. The key isn’t in pitching deals, but in teaching people about the opportunity. Jay’s “teacher hat” script, for example, transformed casual conversations in church foyers into funding commitments—without ever asking for money outright.The process is simple, but powerful:Educate: Share how Private Money investing works, how lenders are protected, and the type of returns (Jay’s offers 8%).Build Trust: Focus on relationships, not transactions. Jay never “pitches”; he only explains the program and the safety measures.Match Funds to Deals: Once a lender is on board, align their available capital with the right opportunity. The lender wires funds only when there is a deal ready, and interest accrues only while their money is in use.Repeat & Scale: There’s no cap on the number of private lenders, allowing you to scale with each new relationship.Who Lends Private Money?Jay notes that the ideal private lender isn’t always the high-flying venture capitalist. Often, it’s someone tired of the meager returns of CDs or the rollercoaster of the stock market. These are people who want predictability, safety, and a relationship with someone they trust. For example, Jay shares the story of Ray, a civil service retiree whose annuity yielded a mere 3% over eight years. After moving his money to Jay’s program, it tripled in eight years at 8% per year—transforming Ray’s financial outlook entirely.Why Private Money, Why Now?In today’s market, with $31 trillion in cash sitting on the sidelines, Private Money is more abundant—and more essential—than ever. By getting funding lined up first, investors are empowered to act fast, outmaneuvering competitors and never missing a deal due to lack of capital. It’s not just about fast flips and big profits; it’s about building a sustainable, scalable business where banks can’t pull the plug.Getting StartedIf you’re ready to step off the treadmill of traditional financing, Jay recommends three things:Surround yourself with like-minded mastermindsCultivate a constant hunger for knowledge (read, learn, explore)Take care of your health—because entrepreneurship is a marathon, not a sprintFor those eager to learn more, Jay offers his book, “Where to Get the Money Now,” and a free eBook, “7 Reasons Why Private Money Will Skyrocket Your Real Estate Business,” at JayConner.com and JayConner.com/MoneyGuide.In the Private Money world, anyone can build wealth—without waiting for bank approval. As Jay says, “Wherever people have money, and people need to borrow money, there’s a match.” The time to start is now.10 Discussion Questions from this EpisodeHow did Jay Conner's experience with having his line of credit cut off by the bank in 2009 motivate him to pursue private money for real estate deals? What lessons can be drawn from his response to an ...
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    37 分
  • Raising Capital and Managing Risk in Real Estate Funds with Mike Zlotnik
    2026/08/31
    If you’re looking for smarter ways to put your capital to work in real estate, the latest episode of Raising Private Money offers valuable insights. Jay Conner sits down with seasoned real estate fund manager Mike Zlotnik, CEO of TF Management Group, to discuss the mindsets, risks, and strategies you need to consider before writing that first check into a real estate deal or fund. Here’s what you need to know and how you can benefit from Mike’s expertise in today’s market.Why Real Estate? The Power of Predictability and Cash FlowMike’s journey into real estate investing began after a long career in technology and risk management. What set real estate apart for him was predictability—the opportunity to build fortunes steadily over time, particularly compared to the volatility of stocks. Initially investing passively in New York City, Mike realized real estate’s unique advantage.Real estate offered both appreciation and, when chosen wisely, dependable cash flow—something stocks rarely provide. This predictability, says Mike, is the cornerstone of financial freedom for investors seeking long-term stability, especially as compared with the unpredictability of the stock market.Raising Capital Is Harder Than Ever—So Don’t Ignore Investor MindsetIn today’s post-pandemic market, securing capital is more challenging than finding deals. Many investors have become gun-shy after recent market resets and rising interest rates. Mike points out that many real estate investors fail here by not communicating the right story or preparing investors for a contrarian approach. He explains that it’s now critical to demonstrate why real estate offers better value today—not just through numbers, but by appealing to “predictable income, downside protection, and prudent diversification.”Mike warns against relying solely on fear, but recognizes that with stock markets at all-time highs, now may be the time for investors to diversify into more stable assets like real estate.Scaling from Tens of Thousands to Millions: The Mindset ShiftWhat’s the difference between raising $50,000 from a private lender and millions for a fund? According to Mike, it comes down to scalability and connection. Raising larger amounts requires robust systems, credibility, and constant engagement with investors.The foundation, Mike says, is building “know, like, and trust”—without this, capital raising cannot succeed. Education is key, as is establishing authority through books, podcasts, and sharing expertise. The focus should always be on genuine connection, not simply selling your deal.Risk Comes First: Three Things to Ask Before You InvestBefore even considering projected returns, Mike advises investors to invert their thinking. The main question: How could you lose money? Drawing on the wisdom of Charlie Munger, he advocates starting every analysis by considering downside scenarios:How could you lose your principal? What needs to go wrong (interest rates, operations, tenants) for things to fail?What due diligence is needed? Analyze leases, tenant quality, local economic factors, and supply-demand balance.Mitigation tactics: Can the risk scenarios be realistically addressed and managed?If the worst-case scenarios seem unlikely or effectively mitigated, only then should you evaluate the potential upside.Ask the Tough Questions—And Focus on IntegrityMike emphasizes that due diligence is less about seeking perfect answers and more about detecting inconsistencies or dishonesty. Questions like “Have you ever lost money? Why? What did you learn?” matter because integrity is more important than any projected return. If you spot a lie or evasion, walk away. The very best investors are those who answer tough questions with honesty and humility.Where Are the Real Opportunities Now?In today’s shifting market, Mike advises against catching falling knives in highly volatile asset classes. Instead, he suggests focusing on regions and strategies with consistent performance, such as medical offices, industrial properties, and first-lien lending. His current projects, for instance, emphasize predictable cash flow and downside protection over high-risk/high-reward gambles.Final ThoughtsSuccess in private real estate investing isn’t about chasing fads or quick wins. It’s about disciplined due diligence, honest relationships, and focusing on predictable, stable returns—even in uncertain times. If you’re considering investing in a real estate fund, take Mike’s advice: prioritize risk management, build real trust, and seek out opportunities that stand the test of time.10 Discussion Questions from this EpisodeWhat aspects of real estate investing does Mike Zlotnik find more appealing than stock market investing, and why does predictability stand out to him?How has the current economic climate impacted the process of raising capital for real estate deals, according to the conversation?What are some common mistakes that ...
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    35 分
  • Closing More Deals with Private Money: Jay Conner’s Real Estate Masterclass
    2026/08/27
    Credits to:https://www.youtube.com/watch?v=cuk5O6Cgikk&t=8s “How to get Unlimited Funding for Your Deals! - Jay Conner ”https://www.youtube.com/@AndrewSchlag If you’re a real estate investor—new or seasoned—you’ve likely faced one persistent challenge: access to funding. Traditional banking can leave you scrambling for appraisals, jumping through endless hoops, and losing deals because the money just isn’t there fast enough. But what if you could flip the script, be in the driver’s seat, and have money chasing you instead of you chasing it? That’s exactly what Private Money can do for your real estate business, as revealed in the insightful conversation with Jay Conner and Andrew Schlag.What Is Private Money?Private Money, as Jay Conner explains, is not institutional lending, nor is it hard money with steep rates and heavy fees. It’s about working with individuals—everyday people looking to grow their wealth—who lend you funds, backed by real estate, on mutually agreed-upon terms. And the advantages over bank financing or hard money are huge.Why Private Money Changes EverythingThe biggest shift with Private Money is a change in power dynamics. As the borrower, you make the rules for deals. That might sound radical, but as Jay Conner shares, “You set the interest rate. You set the length of the note. You set the loan-to-value. You set the frequency of payments.”This control yields clear advantages:Faster Closings: Private Money allows you to close deals in as little as seven days, giving you the competitive edge to snap up more opportunities.No Down Payments or Application Hassles: No credit check, no income verification, and no traditional approval process. In Jay Conner’s system, you can even bring home a check at closing, using borrowed funds to cover the purchase and rehab—sometimes more than the purchase price itself.Cash Flow Relief: Structure deals so you make no monthly payments during renovations—the interest simply accrues until you sell or refinance.No Appraisals or Points: Unlike hard money lenders, private funding doesn’t typically require appraisals, loan origination fees, or heavy points.Attracting Money Without “Begging”A huge mindset block for many is how to actually raise Private Money. Won’t you have to pitch desperate deals to friends or family? Won't you face rejection? Not with Jay Conner’s approach.Rather than asking for money, Jay Conner puts on his “teacher hat.” He educates potential lenders about what Private Money is, how it works, and how they can earn attractive returns, often tax-deferred or tax-free through self-directed IRAs.The result? People are eager and waiting for him to put their money to work. “[I] have more Private Money chasing me than ever before. In fact, I have a big problem—I can’t even put all the money to work that I’ve got pledged to me,” Jay Conner quips.Protecting Your Private LendersBut what if you’re new? Why would anyone loan you money? The key, Jay Conner explains, is that the loan is secured by real estate at a safe loan-to-value—typically no more than 75% of the after-repair value (ARV). If the borrower defaults, the lender actually gets the property—a much stronger position than an unsecured investment.Systematizing the ProcessOnce a private lender is on board, closing is a breeze. The paperwork is minimal: a promissory note, a deed of trust (or mortgage, depending on your state), and proof of insurance naming the lender as mortgagee. As Jay Conner puts it, “Closing is less than five minutes when you’re doing a Private Money deal.”A Final Word: Get a MentorIf there’s one thing Jay Conner would do differently, it’s this: start with a mentor, not alone. The knowledge, mindset, and systems to raise and manage Private Money aren’t difficult—but they are crucial, and best learned from someone who’s already blazed the trail.Private Money isn’t just a way to fund more deals—it’s a way to scale, serve others, and achieve financial freedom in your real estate investing business.10 Discussion Questions from this EpisodeWhat are the key differences between Private Money and hard money lending as outlined by Jay Conner, and why do these differences matter for real estate investors?Jay Conner emphasizes teaching over asking when it comes to raising Private Money. How does this approach change the dynamic between investor and lender?How does Jay Conner's strategy for using Private Money put investors "in the driver’s seat" of their business, and what practical advantages does this provide?Reflect on the “good news phone call” strategy described by Jay Conner. Why is this step crucial in his process, and how does it differ from traditional funding requests?What are some of the most important protections offered to private lenders in this model, and how does loan-to-value impact their ...
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