If you’ve ever wondered how to raise serious private money for real estate—even if you’re starting from scratch—you’ll find real inspiration and specific tactics in the success story of Tim Benskin.
On a recent episode of the Raising Private Money podcast, host Jay Conner sat down with Tim to unpack his journey. Tim, a member of Jay’s mastermind group, has already raised $940,000 in private money in less than a year, funding twelve deals since October 2023—all without using a single dollar of his cash.
Here are the game-changing takeaways from Tim’s experience and why they’re so actionable for anyone wanting to break into raising private money.
- Private Money Isn’t About Selling—It’s About Teaching
One of the standout points in Tim’s story is his approach to attracting private lenders. He doesn’t pitch or “sell” anyone. Instead, he takes pride in wearing a cap that says “Private Money Teacher,” because that’s exactly what he does—educates people about the opportunity for them to earn better returns on their money.
Most of Tim’s lenders had never even heard of private lending before. Some had their money sitting in savings accounts, earning modest interest, or in IRAs, but had no idea they could use those funds to lend on real estate. By patiently explaining the process and benefits, Tim creates trust and interest. The conversation is about helping, not selling, and that servant’s heart approach makes all the difference.
- Confidence Comes from Preparation
Tim and his wife Robin started by joining Jay Connor’s mastermind and immersing themselves in learning. They spent the first three months simply absorbing everything about raising private money. This education gave Tim the confidence to talk to potential lenders—with zero desperation or uncertainty.
A key lesson Tim shares: line up the money before you line up the deals. Having committed funds in advance lets you make more offers and move decisively, which is impossible if you’re scrambling for financing after finding a property. For Tim, this was the difference between sitting on the sidelines and closing twelve deals in under a year.
- Your Network Is Full of Potential Lenders (Even if They Don’t Know It Yet)
Tim’s first lender was a longtime friend and fellow church member. The introduction came through casual conversation, followed by inviting him to a webinar about private lending. The friend happened to already have a self-directed IRA—something Tim learned only by asking questions and listening.
The lesson? Don’t pre-judge or “pre-qualify” people based on assumptions. Many in your social and professional circles could become private lenders if you simply share what you’re doing and offer to teach them more. Tim’s story started with a breakfast meeting and a willingness to discuss his business openly—no hard sell necessary.
- Deal Structure: Win-Win for Both Sides
For his first deal, Tim purchased a distressed property in Rockford, Illinois, for $125,000, putting in $80,000 for renovations. The home’s value after improvements was around $250,000–260,000. Rather than flipping the home immediately, Tim found renters—again, through connections from his community—who take excellent care of the property.
His private lender is more than happy with solid returns that far exceed CD rates, all secured with real estate. The lender has earned nearly $20,000 in interest so far, with no roller-coaster stock market risks and no hidden fees.
- Growth Through Education and Consistency
Tim readily admits he started as an introvert, not a natural networker. But by consistently sharing what he knows, holding “lunch and learn” events, and always leading with education, both his confidence and his pool of lenders have grown. He emphasizes the tortoise-wins-the-race mentality—consistent effort, not quick sprints, leads to lasting success.
Bottom Line: You Can Do This Too
Tim Benskin is proof that you don’t need decades of experience or deep pockets to raise private money. If you’re willing to learn, educate others, and ask for conversations instead of pitching deals, you can build a business that works for you and your community of lenders. As Jay Conner says, “Every good deal starts with the money.”
If you want to dive deeper into the specifics, check out Tim’s full story and resources at www.StressFreeInvestingInformation.info, where you can even get a free copy of his book, Passive Income Without Tenants and Toilets. It might just be the blueprint you’ve been looking for.
10 Discussion Questions from this Episode:
- What were some of the biggest challenges Tim Benskin faced when he first started raising private money, and how did he overcome them?
- Jay and Tim both emphasize the importance of “teaching” rather than “selling” when approaching potential private lenders. Why do you think this strategy is effective in building trust?
- The episode discusses the role of self-directed IRAs in private lending. What advantages and disadvantages might this approach have for both lenders and investors?
- How did Tim’s network, such as his church community, play a role in successfully funding his first deals?
- Both Jay and Tim mention hearing advice at seminars to “get the deal under contract and the money will show up.” Why do they disagree with this approach, and what do they suggest doing instead?
- What mindset shifts are necessary for new real estate investors to start successfully raising private money, according to this episode?
- How does securing private money before finding a deal impact an investor’s confidence and negotiating power?
- Tim mentions hosting “lunch and learns” and webinars to educate potential investors. What are the benefits of these educational events, and how might they influence prospective lenders?
- In the case study discussed, Tim details the numbers behind his first deal. What does this reveal about the real-world logistics and risks of private money-funded real estate investments?
- For someone just starting, what practical first steps do Jay and Tim recommend to begin raising private money, and why do they see mentorship and education as crucial parts of the process?
Fun facts that were revealed in the episode:
- The First Private Lender Was a Friend from Church
Tim’s first-ever private lender wasn’t a stranger or a big-time investor—it was a friend from his church who was also his wife Robin’s best friend’s husband! This goes to show you never know who in your existing network might be interested in private lending. - Private Money Pitch Over Breakfast
The conversation that kick-started Tim’s private lending journey happened casually over breakfast. Instead of a hard sales pitch, it was a friendly chat about real estate investing that led to a $125,000 investment. - Tim Wears a “Private Money Teacher” Cap—Literally!
Tim isn’t just metaphorically a teacher—he wears a cap embroidered with “Private Money Teacher” because his approach is all about educating, not selling, when talking to potential lenders. The hat has become part of his identity as a trusted resource.
Timestamps:
00:01 Raising $940K: Tim’s Strategy
06:13 Confident Real Estate Investments
06:54 Closing Deals with Private Money
11:20 Self-Directed IRAs for Real Estate
15:06 Surprise in Self-Directed IRA Discovery
17:23 Confidence Growth Since June ’23
22:09 Office Connection Leads to Housing Solution
25:56 Invest with Integrity: Contact Tim
26:39 Connect with Tim: https://www.StressFreeInvestingInformation.info
608-346-2753
29:38 Private Money Real Estate Offer
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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.
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Private Money Success: Tim Benskin’s Step-by-Step Guide to Raising $940,000
Jay Conner [00:00:01]:
Let me ask you something. How in the world do you raise almost a million dollars in private money when you’ve never done it before? What do you say to someone to trust you with their cash? And where do you find these people? And more importantly, how do you not screw it up? Well, in today’s episode, I’m talking with Tim Benson. He is a real estate investor. He’s in my mastermind group, and he’s already raised $940,000 in private money. Not theoretical, not someday money, an actual wire transfer in the bank. And here’s the thing. Tim’s going to break down exactly how he did it, word for word, step by step, no fluff. He’ll even walk you through the very first private deal he closed.
Jay Conner [00:00:56]:
And wait until you hear this story. What he bought, how much, what went right went wrong, and how he made it happen without using a single dollar of his own money. Now, if you want to raise money, this episode is your blueprint. Welcome to the Raising Private Money show, the only podcast for real estate investors who want to fund their deals without relying on banks or credit or using their cash. I’m Jay Connor, the private money authority, and I’ll show you how to get private lenders begging to fund your next deal. Because every good deal starts with money. In just a moment, you’re going to meet Tim Benson right after this.
Narrator [00:01:44]:
If you’re a real estate investor and are wondering how to raise and leverage private money to make more profit on every deal, then you’re in the right place to raise 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. Because the money comes first. Now, here’s your host, Jay Connor.
Jay Conner [00:02:11]:
Tim, welcome to the show, my friend.
Tim Benskin [00:02:15]:
Thanks, Jay. It’s great to be here.
Jay Conner [00:02:17]:
Well, it’s great to have you here on the show.
Tim Benskin [00:02:19]:
Thank you.
Jay Conner [00:02:20]:
Now, Tim, let’s go back to the very beginning. What was it that made you realize private money was even an option for you?
Tim Benskin [00:02:32]:
Well, I came across your book, and so it was just like I was trying to get into real estate investing. But like you said in the beginning, the money always comes first. Well, you know, back before I met you and got your book, it was like I was trying to do deals, and I didn’t have the money, so I was always trying to look for money. So it was a blessing that we found your book. It was a blessing we came to one of your live events, and then the, you know, rest is kind of history, I guess you would say.
Jay Conner [00:03:06]:
Right. Well, now, Tim, let me ask you this question. Have you ever been to a real estate investing seminar or conference, and the instructor or the guru on stage said something to this effect? Have you ever heard him say, Oh, just get the deal under contract, the money will show up?
Tim Benskin [00:03:26]:
Yeah, those guys are all over the Internet.
Jay Conner [00:03:30]:
So let me ask you a question, Tim, from your experience, why in the world do they say that garbage?
Tim Benskin [00:03:39]:
I don’t know. I mean, they’re trying to sell their program, and you kind of wonder if they’re even in the business, you know. So, I mean, it’s good to have somebody who’s in the business that’s doing deals regularly, that you can have as a mentor and who is teaching you. I mean, that’s a huge plus.
Jay Conner [00:03:55]:
Yeah. By the way, I love your cap you’re wearing. Your cap says private money teacher. Why are you wearing a cap that says private money teacher?
Tim Benskin [00:04:07]:
Because all the money we’ve raised has been pretty much us teaching people. There’s no sales involved. And it’s all about a one-on-one, you know, relationship you have with people. And, you’re teaching them. I mean, you’re not trying to sell them on anything. You’re trying to teach them and help them make money passively.
Jay Conner [00:04:27]:
So, about how many private lenders do you and your wife Robin have?
Tim Benskin [00:04:34]:
Yeah, we have five right now.
Jay Conner [00:04:37]:
Five private lenders. So did any, I’m curious about this. Did, did any of your private lenders that are funding your real estate deals ever had they hear about private money or private lending until you, you know, exposed them to it, and told them about the private lending opportunity?
Tim Benskin [00:05:00]:
Not. They never heard of it. Everybody that’s involved loves it because, you know, and a lot of our private lenders, you know, I try to, you know, be the subject matter expert as far as self-directed IRAs, but really, a lot of our private money investors right now have had money in savings accounts and stuff like that. And you’re only getting 4 to 5%. So, you know, I only have a couple that use IRAs right now.
Jay Conner [00:05:34]:
Right. Well, you know, you talk about those people who have investment capital and they were making a little bit of money in the local, you know, bank certificate or deposit. I just checked it two weeks ago. Now, the average certificate of deposit in a local bank is paying less than 3%. And it’s coming down, it’s coming down fast. You know, savings accounts have less than half a percent. But, you know, back to what we were talking about on your. Your private lenders they never heard about private money until you exposed it to them.
Jay Conner [00:06:13]:
And, you led with a servant’s heart, and you were like, teaching them what this world is all about. And then we talked about a second ago, going to real estate, you know, conferences, and the coach or the real or. Or the guru on stage is saying, Just get the deal in the contract. You know, it just makes so much more sense to me to get the money lined up first. Because when you do, when. When you got that money lined up first from private lenders without, you know, being attached to any particular deal, did you find yourself more confident in making all-cash offers knowing that you had the money lined up first?
Tim Benskin [00:06:54]:
Absolutely. You know, there’s no doubt in your mind that you can close on that deal when you’re. When you don’t have the money first, there’s doubt, you know, because you either have to go to a bank and it’s going to take a lot longer to get that deal done, and it might even cost a lot more, you know, with fees and appraisals and all that. Whereas a pri using private money, where we’re always buying at a good price so that we can create good equity in that house for our private lenders, so they’re always protected. So, yeah, I mean, we’ve gotten. Well, I had told you at the last time I saw you personally that we had done 12 deals since October 23, and there’s no way I would have done 12 deals since October 9, 2023, if I didn’t have the money first.
Jay Conner [00:07:44]:
Well, I certainly understand that. So you got the money lined up first, you’re making more offers because you know where the funding’s going to actually come from. So if you can think back, Tim, what was the very first thing that you did once you decided to start raising private money?
Tim Benskin [00:08:07]:
Well, I mean, the first thing we did we join your Mastermind group and Platinum Plus. So. And the first three months of that, we just basically learned what to do. And actually, I got my first private lender, a person who goes to church with us and has been a really good friend with us for a long time. And he came to a webinar that we did with you, and he decided shortly after that webinar that he was going to become one of our private lenders. And he was our very first private lender.
Jay Conner [00:08:40]:
Wow. Well, let’s talk about that first private. Leonard, let’s unpack that Story. So do you remember the conversation? As close as possible. How did you? So first of all, let’s even back up before that, you just mentioned that you all know each other, you go to church together. You know what’s funny about that, Tim, my wife Carol Joy, our first private lender was, was from a church that we had known for quite a long time.
Jay Conner [00:09:12]:
So the trust factor was already there, the likability, you know, was already there. But take us back to that first conversation that you had with that potential private lender that you went to church with. How did you approach him? How did you start the conversation? Paint that picture for us?
Tim Benskin [00:09:34]:
Okay, well, actually, his. Bruce is my first private lender, and his wife is one of Robin’s best friends. So Robin had mentioned it to Jane, his wife, and she had mentioned it to Bruce. And then I believe we went to breakfast one morning, and we talked about it. And then shortly after that, we had the webinar scheduled. I invited him to our webinar, and that, you know, really opened his eyes big time to the possibilities of what he could do. And he liked, liked what we were doing. And, you know, he just wanted to be a part of it.
Tim Benskin [00:10:12]:
You know, he wanted to see us grow in our business, and he wanted to see us thrive. So, I mean, he was just all in from the beginning.
Jay Conner [00:10:20]:
Was he. Did he end up using liquid investment capital, or did he end up using retirement funds, or what?
Tim Benskin [00:10:28]:
He used retirement funds. So he was already in a self-directed IRA, and he had used it for other things, different stocks and whatnot, but hadn’t done real estate. So he was already set up. So when he was ready to go, he just wired the money to our title company, and away we went.
Jay Conner [00:10:51]:
Wow. Well, that’s, that’s out of the ordinary right there, that you were talking to a potential private lender already in your network. You go to church together, and they already had a self-directed IRA where they could use that to be a private lender. So, for the sake of our audience, Tim, tell everybody what in the world is a self-directed IRA, and how does that play into this world of private money?
Tim Benskin [00:11:20]:
Well, it plays in big time because real estate is probably the number one thing used in self-directed IRAs. So you can be the bank, you can loan people money through your self-directed IRA to buy and purchase real estate. And there are a lot of different things you can do with self-directed, you know, gold you always hear about. But I think real estate is probably the number one thing. And you can even buy a property within your, you know, following the rules, of course, but you could even buy a property using your self-directed IRA, but there are a lot more rules involved, and you’ve got to try to stay out of trouble with the IRS. So I think the easiest way to go is to be a private lender and be the bank and lend that money to an investor that can use that money to buy property and, you know, create a nice income for yourself going into your IRA without, you know, the possibility your principal going down or having the stock market go up and down or anything. And what’s nice about our program is that we don’t have any fees. So unlike, you know, having money in a 401k or one of those, you know, stock market type deals, you know, with a financial planner, they’re going to charge you fees, and we don’t do that.
Jay Conner [00:12:41]:
Yeah. So what’s interesting is that over half of my private lenders are using their retirement funds that they’ve moved over to a self-directed IRA company. And what’s beautiful about them being a private lender using their retirement funds is that they want to be involved in real estate. They like the idea of real estate investing, but they’re really not interested in locating deals, negotiating deals, talking to sellers, and then, you know, when renovations are involved, which is where the biggest profits are, they don’t want to deal with general contractors. So being a private lender is just a very easy way for an individual to get involved in real estate investing, but be passive, where all they have to do is just sit back, watch their account grow, and the checks come in. And then you, as the real estate entrepreneur, do all the work, right?
Tim Benskin [00:13:46]:
Yep, that’s correct. And Robin and I are both private lenders as well, with, you know, friends in our network, you know, so I mean, we’re earning that passive income into our IRAs, self-directed IRAs, which is awesome. It’s nice to see that check going to that IRA, and you know, watching your money go up and not doing this roller coaster thing.
Jay Conner [00:14:10]:
Well, I’m like you, Tim, I’m a private lender, I’m a real estate investor. An interesting statistic is that over 70% of account holders who have retirement funds in a self-directed IRA company want to lend money out on real estate. And you know, we don’t borrow any unsecured money. We always secure that promissory note with the real estate that’s being invested. So do you recall? So, so you mentioned, you know, meeting your, your, your friends there, for breakfast one morning. Do you remember how you started the conversation or how you even brought up the topic of private money? Because real estate investors who have never raised private money want to know, well, how do you start the conversation?
Tim Benskin [00:15:06]:
Well, it was, it was pretty easy with him because, and you know, at breakfast is when I learned that he already had a self-directed IRA account. I was shocked, you know, at the time. And they always say don’t pre-qualify anybody because you never know who’s going to be your next private lender, you know, and I was shocked to hear he was already a self-directed IRA and already had it set up. And you know, so it wasn’t really hard with him. I’ve had other, other folks that I’ve had to, you know, explain self-directed and explain a lot more of the program to them, but Bruce picked it up right away. Another understood it, already understood self-directed IRAs. I think he probably had one for at least a year, a year and a half, before I even talked to him about it. So I mean, it just made it so much easier, and he was open to it from the beginning.
Tim Benskin [00:16:00]:
So he was an easy one. An easy one to have for your first.
Jay Conner [00:16:05]:
Right, right. Well, let’s talk about mindset. New real estate investors or investors who haven’t raised capital before. They ask me all the time, Well, how do I get started? How do I get started raising capital? And I tell them, I say, well, you’ve got to own the real estate between your ears, which means you’ve got to have the right mindset. And as you alluded to it, Tim, you don’t. I don’t ask for money, I don’t beg, I don’t sell, I don’t persuade, I don’t chase. It’s all about leading with a servant’s heart. It’s all about educating.
Jay Conner [00:16:41]:
That’s why you got on your cap. This is private money, teacher. It’s all about educating people. You know, not one of my private lenders ever heard about private money or private lending until I started educating them. And like you, you know, figuratively speaking, I put on my teacher hat. So, let me ask you this. When you first started talking about the private lending opportunity there at that breakfast, were you fearful in any kind of way? Were you nervous about it? Were you scared in any kind of way? Or what were your feelings on the inside as you were talking to this potential private lender?
Tim Benskin [00:17:23]:
Well, when you’re first starting, there’s always, you know, that you might not have the confidence involved. And we’ve been doing this since June of 23. So, I mean, I’ve, you know, through the years have grown in confidence, you know, and so, you know, yeah, you always get those nerves going on when you’re first doing something. But I’ve. I’ve known them for so long that it made it easy, you know, and, you know, so it was an easy process with him. Now I’ve had others. Other people that maybe I didn’t know as well, and I’m probably, you know, more of an introvert anyway. So, you know, I got to work up the courage to talk to people, but I think I’ve gotten a lot better at that since June of 23.
Tim Benskin [00:18:11]:
And you’ve helped us out a lot with that, you know, being able to talk to people and be confident, and in the lunch and learns that we do. I. We haven’t talked about that yet, but, you know, we usually set up luncheons and do lunch and learns and, you know, you get better with time, and you get more confident with time, and, you know, the more you do it, the better you get. And that’s kind of what happened with us, you know, and there are probably other, you know, friends of ours in the group that have probably raised a lot more money and a lot quicker. But, you know, it’s not a. You know, I always look at it. The Taurus always wins the race. It doesn’t matter where.
Tim Benskin [00:18:49]:
When you get to the finish line, it’s just, you know, that you’re working to get to the finish line, and you’ve got to kind of go at your own pace and not worry about what other people are doing and just follow your goals.
Jay Conner [00:19:00]:
Well, Tim, I’m so proud of you and Robin; you’ve all been doing this now for a couple of years. You’ve got. Well, by the end of this week, you and I were talking before the show, and you’re probably going to have more than $1 million in private money raised by the end of this, by the end of this week. So let’s go back to that first deal. You know, people want to hear the numbers. People want to hear the numbers. They want to, you know, see how you break down the mechanics of a deal. And so let’s go back to that very first deal.
Jay Conner [00:19:33]:
Do you happen to remember the first deal, the first real estate deal that you funded using private money?
Tim Benskin [00:19:41]:
Absolutely. Yeah.
Jay Conner [00:19:42]:
Well, tell us about it. Tell us about how you found it. How did you find the deal, the kind of numbers involved, and how important was private money for you to close on that first deal?
Tim Benskin [00:19:56]:
Yeah, I mean, without private money, we would have never closed on that deal. For one, we found it on a. It was a pay-per-lead deal. And I think back then it was a fast home offer, and I think they might have changed their name now, but it was back then. I think we closed in February of 24. And so yeah, it was, it was a serious fixer-upper. Somebody had passed away, and the property had gone into some bad repair. Looking at the before and after pictures, I mean, just seeing the before pictures, people would be like, Oh my goodness, why would anybody buy that house? But then, you know, look at the after pictures, you know, and how beautiful it is.
Tim Benskin [00:20:44]:
And you know, it’s just right now. It’s a house that we’re proud of, you know, I mean, you can drive by it and it’s one of the nicest houses in that neighborhood now.
Jay Conner [00:20:53]:
I love it. So do you remember what you bought it for?
Tim Benskin [00:20:57]:
Yeah, we bought that property for 125,000.
Jay Conner [00:21:02]:
Okay.
Tim Benskin [00:21:03]:
In Rockford, Illinois. And it’s one of the nicer neighborhoods in Rockford, Illinois. And we paid, like I said, 125,000, but it had a huge lot it was in, you know, the house was built in the late 60s, so it was a ranch style house with a basement and. But yeah, it needed a lot of work, you know, and just looking at the before and after pictures, it’s kind of fun.
Jay Conner [00:21:30]:
How much did the rehab how much did tenovation cost you?
Tim Benskin [00:21:34]:
Well, we ended up putting about 80,000 into that house.
Jay Conner [00:21:37]:
Okay, so you bought it for one, what’d you say you bought it for? 125?
Tim Benskin [00:21:41]:
Yeah, round figures.
Jay Conner [00:21:43]:
You got 200,000. 205,000. And then did you keep it or did you flip it and sell it?
Tim Benskin [00:21:51]:
Well, we were gonna do a lease option to purchase and put somebody in that house. And then we actually, Robin was getting her hair done.
Jay Conner [00:22:04]:
Hey, you know, business can take place with your hairdresser, right?
Tim Benskin [00:22:09]:
Right. Yeah. So there was a gal who worked in the same office, and they went to our church as well. And Robin knew him from church, and I knew their uncle, I went to, you know, high school with, and I have known him since he was in junior high. And so they were looking for a house. They were both in the process of getting a divorce, and they were looking for a house. So it just kind of worked out to where they couldn’t find anything big enough. We were kind of in the process of, you know, maybe putting it up, you know, to try to find somebody to lease it.
Tim Benskin [00:22:47]:
And they came and looked at the house, and they loved it. So they’ve been renting it ever since and do an awesome job taking care of it. And it was just, you know, really made us feel good to help. Help them get them into a nice house, and they just love it there so much. So.
Jay Conner [00:23:06]:
Wow, that’s great. So what would you say the value of that house is now?
Tim Benskin [00:23:11]:
It’s anywhere right now, you know, 250 to 260. Right. When we got done with that house, the market went down a little bit. And I think it was mostly because of the circumstances in that local area. Right now, Rockford, Illinois, is the most affordable market in the United States. So I think it had to do with that. It had to do with interest rates. But, you know, it’s worked out well for us to buy and hold on to that property right now.
Tim Benskin [00:23:45]:
And Bruce has loved it because he doesn’t like to move his money around. He wants to keep it put. So, I mean, he’s happy with the money he’s got invested in that house, you know, and I got a number here. Since he’s been on that property, we’ve paid him $19,592.54 in interest payments since he was a lender on that property.
Jay Conner [00:24:12]:
Well, I guarantee you, Bruce, your private lender is a whole lot happier with you and Robin paying him that kind of interest in return versus him putting his money in a certificate or deposit at the local bank.
Tim Benskin [00:24:26]:
Oh, for sure, for sure. And, you know, it’s nice working with a private lender. You know, you. You find out how they want things, and you cater everything to them, which makes them extremely happy. You know that you can cater everything to them, and kind of set up the whole program so it works best for them. And we do that for each one of the private lenders.
Jay Conner [00:24:51]:
Speaking of, speaking of your private lenders, you take good care of them. You pay them their interest on time. They’re earning a whole lot more money than they can earn through any other type of source, such as a certificate or a deposit at the local bank. What’s beautiful about your private lending program and opportunity is in contrast to the stock market, if an individual puts money in the stock market, you know, the volatility, the value goes up and down. But with your private lenders, Tim, it’s just like them putting money in the bank. They know exactly what their rate of return is going to be, except it’s a whole lot more than they would get in the local bank. Right?
Tim Benskin [00:25:38]:
Right, absolutely. And they don’t have to worry about any crazy world events happening that make the stock market go down. They know they’re going to make that amount of money, and it’s going to go into their account either quarterly, semi, annually, or monthly, however we set them up. And they don’t have to worry about it. It’s. They just put it on cruise control.
Jay Conner [00:25:56]:
And they go, well, I want to tell everybody that is listening to this episode of Raising Private Money that Tim and his wife Robin are some of the most wonderful people that I’ve ever met. They have high integrity, they do what they say they’ll do, and they take care of their private lenders and private investors. So if you happen to be listening to this episode and you’re just not happy with the kind of returns that you’re getting on wherever you got your money invested, then I highly encourage you to reach out to Tim and talk with him about the possibility of being a private lender and investor in his deals. Tim, what’s the best and easiest way for folks who are listening to this episode to reach out to you? Tim?
Tim Benskin [00:26:45]:
Well, they can call me on my cell. I’d be happy to talk to them. And I think they. Yep, right. There it is. And then we also have a one-stop shop web address. There it is. Stress-free investing information.
Tim Benskin [00:27:04]:
We have an 8-minute video in it. Have a sign-up there. They could go through one of our webinars that we recorded, and we do live every now and then, and they can schedule a time for that. And then also there’s a link on there for a free book. So we have a book which is on Amazon, and you can also get it at that website. And oh, by the way, yeah, this guy named Jay Connor wrote the foreword to it.
Jay Conner [00:27:34]:
There you go, Tim. Now tell everybody what’s the name of your book?
Tim Benskin [00:27:41]:
It’s called Passive Income Without Tenants and Toilets.
Jay Conner [00:27:45]:
Passive Income. I love it. So the web address to get a copy of Tim’s book is www.stressfreeinvestinginformation.info. You can pick up his book there. You can watch an on-demand webinar about being a private lender. Again, that’s www.StressfreeInvestingInformation.info, and this website will be in the show notes. And Tim’s giving out his cell phone number. So Tim’s cell phone number is area code 608-346-2753.
Jay Conner [00:28:31]:
Again, Tim’s cell phone number is area code 608-346-8753. That will be in the show notes as well. So again, you’re looking to get a higher rate of return safely and securely either on your investment capital, just liquid funds and or your retirement funds. Tim is who you want to talk to. Tim is speaking to real estate investors. One last question before we wrap up. If someone listening wants to raise private money, they’re a real estate investor. They want to raise private money for the first time.
Jay Conner [00:29:07]:
What’s the best advice you can give them to get started right away?
Tim Benskin [00:29:14]:
Well, I would go to one of your live events. You know, very informative. Jay pulls the curtain back on everything, doesn’t hold back. It’s a three-day event, and that’s where we got started, so. And then also his book, and Jay gives away his book as well. Just pay for shipping and handling, just like we do. And you know, that’s a great way to get started.
Jay Conner [00:29:38]:
Perfect. Well, thank you for sharing that, Tim. Anyone listening who’s a wannabe real estate investor or your real estate investor, and you want to raise private money. I’ll be glad to autograph and send you my book, which you can pick up at www.jconner.com book J-A Y C-O-N-N-E-R.com forward slash book. The name of the book is Where to Get the Money Now. And Tim, you mentioned the live event. I’ll include two tickets to my live event, which is called the Private Money Conference that we put on here right in eastern North Carolina. Tim, thank you so much for taking the time to join me and to share your journey, to share your experience of raising private money, and how you take care of your private lenders so well.
Jay Conner [00:30:26]:
Thank you so much, Tim, for joining me.
Tim Benskin [00:30:31]:
Well, thank you, Jay, and thanks for your mentorship. It’s meant a lot to us personally and business-wise.
Jay Conner [00:30:38]:
Beautiful. There you have it. Another amazing episode of Raising Private Money, and you just heard it from Tim himself as to how he’s going about raising private money. And I need your help. You’re listening to this show. You’ve downloaded the episode or you’re listening. I need your help so I can keep bringing back amazing guests here to the show. If you happen to be listening, be sure to like and share.
Jay Conner [00:31:08]:
Subscribe. You’re one conversation away from making a difference in another person’s life. Think of one person that this would make an impact on and share this episode with them. If you happen to be watching or listening on YouTube, be sure to subscribe to the YouTube channel. Click that bell so you don’t miss out on the upcoming episodes. I look forward to seeing you right here on the next episode of Raising Private Money with Jay Connor.
Narrator [00:31:38]:
Are you feeling inspired by the knowledge you gained in this episode? Then head over to www.JayConner.com/MoneyGuide and download your free guide that shares seven reasons why private money will skyrocket your real estate investing business right now. Again, that’s www.JayConner.com/MoneyGuide to get your free guide. We’ll see you next time on Raising Private Money with Jay Conner.