[Classic Replay] Is Private Money Drying Up In Today's Chaotic Markets?

Is Private Money Drying Up In Today's Chaotic Markets?

Is Private Money drying up in this chaotic market? Is the biggest opportunity in real estate right around the corner? How do you prepare for it?

On Raising Private Money we’ll speak with new and seasoned investors to dissect their deals and extract the best tips and strategies to help you get the money!

Today we have James Prendamano!

James Prendamano has been named one of the 50 most influential people by “City and State” for several years running.

As CEO, the company was named one of New York City’s top 10 boutique real estate firms by the “Commercial Observer” and won the “Top 31 Business Award” by the Staten Island Economic Development Corporation.

Recently James was named one of the top 100 leaders in Real Estate and Construction as well as one of the top 100 innovators in Real Estate, in part due to his groundbreaking new Real Estate Software which is slated to be offered to the marketplace in the coming months.

James’ success in the Real Estate Space has resulted in several appointments by the Mayor of New York City and he currently serves as a Director of the New York City Industrial Development Agency (NYCIDA) as well as a Member of the Build NYC Resource Corporation (Build NYC) for The New York City Economic Corporation.

He has built a culture of service and philanthropy. He created the “Season of Giving” donating to various charities throughout the years.

Recently James launched PreReal, Prendamano Real Estate a state-of-the-art new-age Real Estate Brokerage, a Technology company, an Investment fund, and one of a kind Real Estate Institute.

Over his career, James’ team has closed over 1500 deals, leased more than 1 million square feet of commercial space, and has effectuated more than 1 billion dollars in transactional Real Estate.

Timestamps:
0:01 - Raising Private Money with Jay Conner
0:14 - Today’s guest: James Prendamano
3:49 - The Biggest Challenge That Leads To Using Private Money
5:33 - How To Find Private Lenders
8:10 - Will the Interest Rates Of Paying Private Lenders Also Go Up?
10:00 - Begging For A Mortgage vs. Offering An Opportunity
12:25 - Profitable Deals By Raising & Using Private Money
16:17 - Points To Consider When Planning To Start Raising Private Money
18:38 - Jay’s Free Money Guide: https://www.JayConner.com/MoneyGuide
19:33 - Sustainability: How To Make Sure You Will Survive The Chaotic Market
24:06 - Get Your Money Lined Up!
26:15 - Cash Is “Still” The King
27:17- To Be Successful, Educate Yourself.
29:32 - Check out James Prendamano’s Podcast: https://www.PreReal.com

Private Money Academy Conference: https://www.JaysLiveEvent.com

Jay Conner’s Money Guide:
https://www.jayconner.com/MoneyReport

Free Trial! Join the Private Money Academy:
https://www.jayconner.com/four-week-free-trial-v2-0/

Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book

What is Private Money? Real Estate Investing with Jay Conner
https://www.JayConner.com/MoneyPodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.

#RealEstate #PrivateMoney #FlipYourHouse #RealEstateInvestor

What is Real Estate Investing? Live Private Money Academy Conference
https://youtu.be/QyeBbDOF4wo

YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner

Apple Podcasts:
https://podcasts.apple.com/us/podcast/private-money-academy-real-estate-investing-with-jay/id1377723034

Facebook:
https://www.facebook.com/jay.conner.marketing

Twitter:
https://twitter.com/JayConner01

Pinterest:
https://www.pinterest.com/JConner_PrivateMoneyAuthority