“Money Is Like Manure. If You Spread It Around, It Does A Lot of Good. If You Pile It Up In One Place, It Stinks Like Hell”
-Clint Junior
In this episode we break down the complex world of raising private money and make it simple.
By getting into the mind of private money we are able to provide security in an economy that seems to operate like the wild west. By educating them on their money growing options we provide real, tangible results to taking control of their financial future.
This podcast will give you a complete understanding what lenders want, how to position yourself to get a “YES” and the do’s and don’t’s of raising private money.
We will also take you through the process of converting two of our lender relationships and how we positioned ourselves to begin borrowing money and a few easy to implement action steps to help get you prepared for your private money meetings.
Show Notes:
0.12: Disclaimer
3.57: The mind of private money
4.44: The majority of people who borrow money at low interest rates tend to be scared
6.23: What banks typically do with money at their disposal
9.29: Why real estate and real estate lending is the fastest, most secure aspect of lending to the market place
10.42: How people typically invest or handle their money
16.40: What lenders are looking for when borrowing money
19.38: How real estate gives security and collateral
22.07: Demystifying “Rock bottom Interest rate”
23.55: How to position yourself when raising private money
24.05: Qualifying your lenders as a way to show diligence
25.56: Being professional and have excellent customer care
26.28: How we treat our lenders
31.18: Why you offer and never ask
32.03: Quick Example
34.03: Why you should have some sort of case study to show the lenders
35.59: Do’s and Don’ts when looking for private money
40.01: How we typically do our payments
42.00: Personal Story 1
42.32: Understanding why “we don’t chase opportunities, we work strategy”
45.10: Positioning yourself perfectly and showing them the benefits of going with you
50.42: Personal Story 2
51.09: Title companies as a source of funding
52.30: Approaching title companies to look for private money
54.48: Using any activity around your farm area to look for private lenders
55.33: Understanding the serious laws of borrowing
56.27: Action Steps
65.00: Avenues to contact us
Quotes to Live By:
TWEET THIS
Podcast: Play in new window | Download