Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

55
Posts
48
Votes
Mike Trzaska
  • Investor
  • Cleveland, Oh
48
Votes |
55
Posts

First private money experience

Mike Trzaska
  • Investor
  • Cleveland, Oh
Posted

I’m at a point in my investing that in order to hit the goals I have set for myself I need to start bringing in outside capital. I’d like to start with private money as I have a lot of friends who have done well for themselves as well as family that may be willing to help.

I’ve realized the power of bringing in capital since day 1 and knew if I want to achieve my goals I would need to do it. However, I am getting hit with some limiting beliefs that are preventing me from even having these conversations.

I’m hoping those who have raised private money before would be willing to share their first experiences. What was it like to ask that first person? Who did you ask for your first deal? What was the outcome? What objections did you get? What value did the private investor get that was better than throwing it in the S and P index?


Thanks!

Loading replies...