The Ultimate Private Money Challenge! Jay Conner

Unlock Unlimited Tax-Free Income with Private Money! | Passive Income Adventures

Welcome back to another episode of Passive Income Adventures with your host, Emma Powell! In this episode, Emma talks about achieving financial freedom through real estate investing. Join Emma and special guest Jay Connor as they dive into the world of private money—what it is, how it can impact your real estate investing career, and how to attract private lenders without begging or chasing. Learn the secrets of raising private money, managing risk, and scaling your real estate investments. Whether you're an aspiring real estate investor or looking to grow your investment portfolio, this episode offers invaluable insights and practical advice. Tune in to discover the powerful impact of private money and how to reach financial independence before the age of 50!

Bio: Jay Conner began investing in real estate in 2003.
At the start of his career, he relied on his local banker
and was able to put together a few deals. However,
that also meant coming up with large down payments,
paying origination fees, and signing personal
guarantees on every deal. After years of feeling owned
by the bank and being stressed out, he learned how to
buy properties using creative financing, including
subject-to and using lease-options.
After the market crashed in 2008, his banker cut
him off. Jay had to abandon everything he knew about
how to finance his deals. Then, he heard about the
world of private money. He developed his own system
for gathering millions of dollars for real estate deals.
Over several years, Jay refined his system until it was
repeatable and dependable. When he put it to the test,
the first person he approached gave him $250,000 in
private money.
In just a few short months, Jay raised $2,150,000 in
private money. Despite initially cursing his banker, Jay
now thanks him. Jay's unique system allows him to
enjoy 7-figure profits year after year. He also has the
freedom to work less than 10 hours per week in his real
estate investing business by leveraging the power of
automation.

Connect:
https://jayconner.com
https://privatemoneychallenge.com

Connect with Emma:
https://investwithemma.com
https://highrise.group
https://partnerwithrise.com/emma

00:00 Introduction to Unlimited Tax-Free Income
00:26 Meet Jay Connor: Real Estate Investor and Private Money Expert
00:46 The Importance of Private Money in Real Estate
02:03 Jay's Journey: From Traditional Banking to Private Money
04:04 The 2009 Financial Crisis: A Turning Point
06:19 Discovering Private Money and Self-Directed IRAs
06:54 Attracting Private Money Without Asking
07:32 Teaching Private Money: Building Trust and Relationships
09:33 The Good News Phone Call: Securing Funds
13:15 Real-Life Examples: Success Stories and Lessons Learned
17:21 Avoiding Common Mistakes in Private Money Lending
23:16 Identifying the Right Private Money Lender and Borrower
27:08 Securing the Loan with Real Estate
27:33 Conservative Loan to Value Ratios
28:04 Insurance and Title Protection
28:59 Funding Process and Lender Protection
30:08 Personal Experience in Real Estate Investing
31:29 Advising Private Lenders
33:49 Building Trust with Lenders
42:31 Networking for Private Money
48:37 Final Thoughts and Future Plans