Choose Your Advisors Carefully - It Could Cost You a Private Lender
Tuesday, June 08
Any serious real estate investor that has read the Rich Dad books by Robert Kiyosaki, or many of the other quality educational materials available on real estate investing - has probably noticed a recurring theme: Have a "Power Team" of professional advisors if you want to build a big, successful...
Why "Pooling" Private Lenders Creates Problems (and what you can do about it)
Monday, June 07
"Pooling" private money gets a lot of buzz. Some of it is necessary, but some of it overkill. If you listen to some "experts" enough, you'd probably come to the conclusion that you should never bring more than one private investor in on a particular deal. In fact, if you listen to enough "experts...
Here's a Quick Private Money-Getting Tip
Wednesday, June 02
Hot off the presses...a conversation I had with a prospective private money investor yesterday. Because I thought this could be pretty instructional, I wrote everything down right after I hung up the phone. Here's the "meat and potatoes" of the conversation: Prospective investor (PI): "I'm a bit...
Knowledge and Power Positioning for Private Money
Tuesday, June 01
It wasn't that long ago (at least it seems like it wasn't that long ago) when I started hitting the private money trail. At the time, I thought that anybody would be crazy to not sit down and consider investing in a private money deal. Then, I realized that I was crazy.Why?Because I was assuming ...
"Here's a Good Starting Point to Get Private Investorsâ€
Tuesday, May 11
What's the first thing to do when you decide private money will cure what ails ya? Before you answer, here are a few popular choices: * Run around like a crazy person and tell people that you've just discovered the second best thing to the lost city of gold * Slap a business...
"How to Use Direct Mail for Raising Private Moneyâ€
Monday, May 10
Have you ever used direct mail before? You know; the type of marketing where you send a physical mailing to somebody's home so that they can touch, feel and read a marketing message in their hands? It seems as though everywhere I look and everything I read is all about "online, digital ...