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

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!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterListen to Amy’s Part 1 EpisodeBrandon Turner’s 4-Step “Viral” Formula That’ll Bring You Deals TODAYBook Mentioned in the Show:Raising Private Capital by Matt FairclothConnect with Amy:Amy's WebsiteAmy's LinkedInAmy's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-637Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

Episode 637 of the BiggerPockets Real Estate Podcast podcast, hosted by BiggerPockets, titled "637: Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2) w/Amy Mahjoory" was published on July 19, 2022 and runs 54 minutes.

July 19, 2022 ·54m · BiggerPockets Real Estate Podcast

Summary

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 Cover Why raising private money is easy when you’ve built the right systems and strategies Referrals and why word-of-mouth is one of the most powerful marketing tactics Connecting with non-real estate-related professionals to raise money How one small “investment” in attending an event can open you up to dozens of lenders at once Building 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 money And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Listen to Amy’s Part 1 Episode Brandon Turner’s 4-Step “Viral” Formula That’ll Bring You Deals TODAY Book Mentioned in the Show: Raising Private Capital by Matt Faircloth Connect with Amy: Amy's Website Amy's LinkedIn Amy's Instagram Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-637 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description