Jan 2, 2018
Whether you are just starting
out or are transitioning from fixing and flipping, there is a good
chance that you struggle with the idea of raising private money.
Today, I hope to move your thinking to get you to a point where you
know that you can do this. I started out with nothing and was able
to do it, and you can to.
I’m going to show you how I
transitioned from single family deals to apartment deals. A lot of
it is about education and explaining to people what you are doing
and what they are getting. I’ve been doing multifamily for awhile,
and I feel it is time to give back and tell my story.
Topics on Today’s
importance of being strategic and saying no to yourself and your
wants in the beginning.
- Living the life you have because you lived the
life no one else would. We actually moved in with my sister in law
when I first started with real estate.
raising money, put yourself in leadership positions when you are
teaching what you know.
helps to be in a place of authority. Raising private money is
always done one on one.
your credibility kit for multifamily and your private money program
for single families.
questions about dreams, goals, etc. Share what you do. Start with
the apartment story and how they provide a source of quarterly
- People want income, but don’t want to spend
down their principle.
have learned how to mitigate risk and that is what we
- Millenials don’t want to buy houses. They like
the flexibility of renting. Baby boomers are
are good at buying old properties that suffer from deferred
maintenance and bad management. We know how to fix fixable
specialize in finding old properties fixing these problems and
making profit. We buy based on cash flow.
of these investments are five year commitments. Most people are
looking for consistency.
pay based on cash flow. Every quarter our investors get a preferred
rate of return.
- Single family is based on each and every deal.
It’s a lot of work. Most people just want to set it and forget or
at least not be hassled by it.
that sound like you? This is the buy in.
I don’t know you, and you don’t know me. Do a small fix and flip
deal for 90 days. This is the best way to start the relationship
and go from there.
method can easily unlock current private money.
market is super hot, it’s time to transition to cash flow through
- People will follow you when they know, like,
and trust you.
Links and Resources
“Anything in life that you are
going to be successful with takes work. If you put in the work and
do what I ask you to do ultimately you will really start finding
success.” Corey Peterson
“The work done once is the
beauty of the multifamily business.” Corey Peterson
“Start believing and tell
yourself daily that you have what it takes. You have to start
programming your mind to believe in yourself.” Corey
Text the word MONEY to
408-500-1127 to get my free private money program and credibility
kit for single family.
Don’t forget to download
my Free Workshop Quickstart Video
Series, and if you like
what you have heard please
leave a review on
On the next episode, I am going
to give a quick shout out to some of my reviewers.