Raising Private Money From Investors

[Michael Perry]

I see many posts from bloggers and others who advise newbie investors to seek funding from people wishing to passively invest in real estate. Most of them advocate offering a 7% annual return, which is better than rates on other types of investments. Many suggest that targeting people with self-directed IRAs is the way to go.

I'd like to hear from some of the people who have successfully used this strategy to raise funding for their real estate related activities.

How much money have you raised? What kinds of rates of return do you offer your investors? Etc.

Feel free to brag!