Jay Conner

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  • How to Build a Passive Rental Portfolio with Lane Kawaoka

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    Jay Conner (00:09):
    Well hello and welcome back to another exciting episode of Real Estate Investing with Jay Conner. I’m Jay Conner, your host and The Private Money Authority. And if this is your first time to the show, I want to give you a special welcome here on the show. We talk about everything related to real estate investing. We talk about all kinds of deals, we talk about single family houses, apartments, commercial land, sell storage and on and on and on. And if you’ve been following and listening in for a little while, you know I’ve had just some amazing guests and experts here on the show and today is no exception. But before I bring on my special guests today, I’ve got a free gift for everybody and that is if you are looking for more funding for your deals, regardless of what your mortgage broker or your hard money lender or such my site, I’ve got a free on demand online class that gives you the 5 steps that shows you exactly how I went from having no funding to over $2 million in funding in less than 90 days.

    Jay Conner (01:12):
    So you can check it out and get right on over to www.JayConner.com/MoneyPodcast. So with that, I am so excited to have as my guest today, a good friend of mine also, we’re in a mastermind group. His name is Lane Kawaoka and he currently owns 2,600 units as in apartments and et cetera across the United States. What you’re going to love about listening to Lane today is that he is truly a virtual investor, meaning he lives in Hawaii, but all of his investments are in elsewhere in the United States. So we recently quit his day job as a professional engineer and he is now enjoying the wealth and the freedom that I know all of you all are looking for.

    Jay Conner (02:11):
    So what Lane does is he partners with investors who want to build a portfolio but are too busy to mess with the tenants and the toilets and the termites, et cetera, by curating opportunities. And his company, which was called the HUI Deal Pipeline Club. Whereas investors have personal access to him and know that Lane is perfectly putting his money on the line too as well. Well, his pipeline club has acquired over $155 million of real estate and it’s acquired by syndicating over $15 million of private equity just since 2016 so he’s also another great connection as I am in this world of private money. So what Lane does is he reverse engineers the wealth building strategies that the rich use to the middle class via the 50 investing podcast, which you can check out. It’s SimplePassiveCashflow.com and Lane’s mission is to help hardworking professionals out of the rat race one free strategy call at a time. So with that, Lane welcome to the show!

    Lane Kawaoka (03:15):
    Hey, thanks for having me, Jay. Aloha!

    Jay Conner (03:17):
    Aloha. I love it. I love it. Like what’s that thing you call when you put them around the neck and they welcome you to Hawaii, a lei. There you go. There you go. Yeah, well, as I said about Lane and I are in a high end mastermind group and we’ve gotten to know each other and in fact we were in the same focus group at our last mastermind meeting and I was just very, very intrigued with Lane and what he’s got going on and it’s therefore invited him here to the show. So whether you are a investor with capital or if you are a real estate investor and you’re just sort of tired of going to the local REIA club, hanging around some broke people and you actually want to change what that looks like, you’re definitely going to want to tune in today closely and learn how to connect with Lane. So Lane, give us your background story. How did you get, well, first of all, before you give us your background story, give us an overview of what you’ve got going on in this world of real estate investing. I mean, you’ve got over 2,600 units. What does that look like?

    Lane Kawaoka (04:23):
    Yeah. So I’m kind of more evolved buy and hold investor instead of buying one of single family homes these days, I get sent apartment deals that get syndicated and I get to know the operators and sponsors and I do my due diligence, run the numbers, get the PNLs and rent rolls. Then I see if I want to invest and to bring along my investors with me.

    Jay Conner (04:45):
    I got you. So you just said through syndication, just to make sure everybody understands what we’re talking about. What do you mean when you say syndication?

    Lane Kawaoka (04:56):
    Yeah, so a lot of these properties that, you know, say you’re buying a hundred unit building, you know, you’re going to need a couple of million dollars with down payment and you know, potentially funding from someone like yourself. But you know, you’re going to get that private equity raise to get the big loan with the bank who controls 80% of it and you’re going to pick up a $5 million property. Most people don’t have $2 million lying around, nor is it very smart to you know, most of my investors, we go by this principle, we don’t put any more than 5% of our net worth and to any one deal, [right?] So we diversify it over multitude of these types of syndications.

    Jay Conner (05:38):
    So really what we’re saying, when you say syndication, what we’re talking about is using other people’s money, private money, and having them invest into the deals with you. Right?

    Lane Kawaoka (05:46):
    Right, right. So we create a couple of asset classes for general partners and limited partners, you know, limit partners, very little liability. They don’t do anything other than bring your money in and check some monthly statements and hopefully we all get to the destination. Right?

    Jay Conner (06:05):
    Exactly. Exactly. So you’re living in Hawaii, none of your investments are there. All of your commercial properties are elsewhere in the United States. So how do you decide where you want to invest and where to go look for deals?

    Lane Kawaoka (06:23):
    Yeah, I mean, my first criteria is cash flow. So the rent to value ratio is kind of what governs where I even start looking. So just like when I was buying single family homes, you know, I’m looking for a hundred thousand dollar house that rents for at least a thousand dollars a month. Because at that point I know I can pay all my expenses, all my mortgage expenses, and have a little bit buffer there to be able to cash flow because let’s face it, I think over sessions coming up in the future and you know, even if the price goes down a little bit, I still want to be able to cash flow

    Jay Conner (06:59):
    sure. That makes sense. So is there any particular area of the country or cities that you are focusing on or not focusing on?

    Lane Kawaoka (07:09):
    Yeah, I mean most of the deals that I kind of look at are in the Southeast. More of the red States with very landlord friendly and a lot of blue color job force growth out there. A lot of manufacturing. Some of these places might be more tertiary market settlers. People hear less about, you know, like a Huntsville, Alabama, Birmingham, Alabama, Gulf port, Mississippi, Lake Charles, Louisiana. You know, those are typical markets that we like to target as emerging markets.

    Jay Conner (07:43):
    I got ya. So let’s say you know, you’ve determined a particular city or area or the Southeast that you want to focus on. So where do you go find the deals? I mean there’s other websites that you use. Do you use direct mail campaigns? I mean, if somebody is starting out, where do they go to look?

    Lane Kawaoka (08:01):
    Yeah, I mean if you’re starting out, I mean, I hate to say this, but you don’t have a shot. I mean, I think in single family homes, we can all agree, most deals, 80% of them are found off market in the commercial realm, over 50 units, 80% of deals are controlled by brokers. Unless you close a hundred or 200 units before, he ain’t going to get a shot at closing. This next one, people are saying, well, what about the other 20% that are out there? It’s like, yeah, you can direct market a sophisticated seller who owns an apartment, but unless that property is some huge issues and you know, I target properties that are 90% occupied or more, so I can get that qualified for them. Fannie Mae, Freddie Mac, non-recourse Monday, I won’t really want to deal with those 20% problem property even though they’re out there. So it’s an unfair game.

    Jay Conner (08:54):
    Yeah. So you

    Jay Conner (08:56):
    say if you’ve never done one of these deals is going to be very hard for you to break in. So how does somebody start?

    Lane Kawaoka (09:04):
    Well, I mean that’s where most of our investors, they’ve done a bunch of single family homes. They fill up their net worth to be half a million dollars or more. They’ve gotten sophisticated in terms of they know the risks of real estate and they know how it works. But then they come into deals as a passive investor and they invest anywhere from $30,000 to $50,000 into a deal. And it’s kind of buying your way into a big company. But it’s, you know, you know the operators,

    Jay Conner (09:36):
    right? So in other words, to really get started in this game, you need to be partnering up someone starting out. It needs to be like partnering up with someone like you that’s already got the relationships that already knows the ropes that already knows how to do the workings of the deal. Right?

    Lane Kawaoka (09:52):
    Right! And because we follow, we follow SPC protocol and there’s a big thing about mass smart it being out there. So a lot of it, is you have to have a preexisting relationship with the sponsor you’re going to work with. [Right] Most deals out there, 90 to 97% of deals are for non-acute investors, but you need to have a preexisting relationship.

    Jay Conner (10:18):
    Exactly. I got you. So what’s a realistic ride-over return that people can anticipate to get in these types of deals?

    Lane Kawaoka (10:26):
    You know, from the get go, a lot of these properties with prudent leverage on it, your cash line, you know, high single digits, you know, maybe 8% that’s usually, but these properties along of course cap rate compression has kind of taken over and it’s hard to find these properties, which is why you’ve got to get about a thousand properties to find one that actually works. But the kind of deals that we kind of folk it’s on or actually today, but there’s some kind of value add opportunity. For example, putting about $4,000 into every unit with new paint, new flooring. And then it’s just like on a pig. So they, we can raise those rents. 50 a hundred dollars if you get that bump in net operating income, which in commercial real estate, that’s your operating income divided by your cap rate equals your, market place.

    Jay Conner (11:22):
    Okay. So lane, you know, we hear people in your space and apartments talking about primary, you know, secondary, you know, other types of markets. So what’s your comment and thought about, you know, should you invest in particular kinds of markets or not invest in particular kinds of markets?

    Lane Kawaoka (11:42):
    Yeah, so I mean just to kind of define it for folks who don’t know what primary, secondary, tertiary markets are. Primary markets are your top tier markets like Los Angeles, Hawaii, York, San Francisco, Seattle. You’re not going to find the rent to value ratios out there to be able to cash flow. Now you know, I’m not going to knock anybody strategy in terms of investing, but my strategy is I want to cash flow on the property because my number one was not to lose money. You know, [that’s a good rule.] You know that whole, you know, investing in those kinds of markets. Yeah. Everybody wants to live in a place like Seattle or San Francisco and generally the prices are going to be going up. But you know, we all seen what happened in the past and there’s always going to be another recession where the prices kind of tank.

    Lane Kawaoka (12:36):
    Again, I would rather skew my portfolio to more of, Hey, the property creates more rental income than it has an expenses and it can support itself. You regardless of what the market price is and when I can do that, I can sell at the right time whenever I want, at my price I want to be in. So to do that you need to go to a little bit off the beaten path to secondary markets like Birmingham, Atlanta, Indianapolis, Kansas City, Memphis, Little Rock or tertiary markets, which are about 50 a hundred thousand in population. Like you know, I guess El Paso is probably a larger Trisha market, but a Lake, Charles, Louisiana, Huntsville, Alabama would be good examples of tertiary markets.

    Jay Conner (13:24):
    All right, I got you now. So that’s the markets. So let’s talk about for a moment the different kinds of properties or assets. So you know, in the commercial world you hear people talking about class A, assets class B, assets, class C assets. First of all, define for everybody what are these different types of classes of assets and what should you invest in?

    Lane Kawaoka (13:48):
    Yeah, so the A-class or your brand new properties, these are the luxury assets that you know are usually brand new builds built anywhere from the last 20 years till now. The class B assets are kind of your 1980s 1990s vintage, a little bit older. And then the class C assets are like your 1950s to 1970s it doesn’t go by age. There’s no hard and fast rule, but you know, you talk to a broker, of course they’re gonna bump up the rating on you for one grade, right? But you know, investors, you know, kinda know this lingo and they can kind of know what kind of class of building it is. But you know, just like how I said you don’t invest in primary markets, you don’t really want to be investing for class a luxury. We kind of target class B and C because that’s where we can get a bargain. And we’re not competing with unsophisticated investors just looking for a choppy asset. Right.

    Jay Conner (14:45):
    That makes sense. Now you’ve mentioned a couple of times, you know there’s another recession coming and of there always is. Nobody knows when for sure, but I know that you practice what you preach and you invest in what you would call recession proof assets. So other than say apartments or rentals, I have you got any other, of course nothing’s guaranteed, but anything, any other what you would refer to as recession? Proof of assets?

    Lane Kawaoka (15:15):
    Yeah, I mean another option are like mobile home parks. You know, I think when you talk about mobile home parks, people think about trailer homes, which that scares a lot of people off and that’s a good sign. When people are scared on sophisticated, dumb money doesn’t follow. So mobile home parks in a recession, if what you’re thinking is people are going to the A class, people are going to move to the Bs, the Bs, they’re going to move to the Cs and move into mobile home parks. It’s an asset class that they aren’t going to build any more of because of late on, no politician wants the responsible for permitting a mobile home park and also mobile home parks. Don’t generate revenue for the city. So cities and counties don’t want them, so they’re, you know, most people in America believe it or not make under $30,000 and they need good housing like mobile home parks. That’s one form. I’m, you know, I’m kind of getting into that a little bit. I know apartments the best, but I understand it’s smart to invest in different asset classes. It’s still sort of impacted by the economy. If you want to really go to the deep end and get totally non for later with the economy, I would say like settlement investing would be another good one. You know, investing off people’s life insurances when they die, you get paid. Is that Saint out there? Nothing guaranteed more than death and taxes. Right?

    Jay Conner (16:38):
    Right! Interesting. Interesting. Now I heard you mentioned this a few minutes ago, but I want to drill down on it. You referred to the rent to value ratio and that’s you know, a common phrase in the broader commercial. So first of all, explain to everybody what do you mean by rent to value ratio and then what is your rule of thumb on what the ratio needs to be for the deal to make sense?

    Lane Kawaoka (17:00):
    Yeah, so you know, just a quick example, some of the first properties when I was purchasing rental properties was a hundred thousand dollar house that rented for a thousand dollars a month. Threats evaluation. As you take the monthly rent divided by the purchase price, and that’s the rent to value ratio, you’re looking for something 1% or higher, 2% awesome. But it’s sort of hard to find good areas. That’s not a war zone, but you know, you’re going to have to put it into the spreadsheet and go down. But line by line and every expense and income, but from a quick and dirty way of doing this, that the rent to value ratio above 1% is a good indicator that shows good cash flow, now I invest off cash flow. That may not be your, your listeners personal strategy. But when I’m investing off cash, I look for that 1% indicator. You know, like here in Hawaii, you know, this million dollar house rents for $3,000 a month. That’s a 0.3%

    Jay Conner (18:04):
    that works doesn’t fit your formula, does it?

    Lane Kawaoka (18:06):
    Yeah. Yeah. You know, it’s the California will say no one all, you know, that doesn’t work.

    Jay Conner (18:12):
    Right. I got you. And you know I know this about you Lane, and that is, you know, it wasn’t too long ago that you retired from your day job as an engineer, but you’ve been building this empire of real estate assets while doing a day job. How in the world do you do that? How do you find the time to do the, you know, actionable items that you gotta do in order to build this kind of investment company while you’re working full time?

    Lane Kawaoka (18:45):
    Yeah, I mean when I was just picking up single family homes my first five, seven years, you know, I use property management companies, you know, they’re well worth, but 10% of your income that you bring in. Someone told me that you know, you don’t do things unless you can scale it to seven acres and a single family homes are a great way to get started. Especially turnkey rentals. You know, like my first 20 podcasts were all about turnkey rentals, how I started. But as your network grows, you kind of drift into more syndications and private placements like all I have. And yes we use property managers, but there’s also asset managers who are another layer of managers who kind of make sure we’re doing the right thing with the asset and they are partners aligned with the passive investors. So everybody has skin in the game. And that’s a key component that I don’t invest without.

    Jay Conner (19:40):
    Well that makes sense. That makes sense. Well, Lane, I know we put together a special URL for my listeners, which is www.jayconner.com/Lane, and tell our audience what is that URL address and why would they want to go there?

    Lane Kawaoka (20:01):
    Yeah, so one thing that I’ve kind of, pretty much the only product I’ve made is, you know, your network is your net worth is what they say. And I work with high paid professionals who have money, most of which are accredited and you know, to get access to these deals, you’ve got to build up your network. Unfortunately, the worst place to go is these pre internet forums and the local real estate club because let’s face it, they’re just a bunch of broke people, you know, how do you prefer, you know they’re not going out to be skiing scrapyard or whatnot. Use my podcast, which attracts passive investors and created this little mastermind.

    Jay Conner (20:45):
    Excellent. So folks go to www.JayConner.com/Lane, and that will get you in contact with Lane and have a strategy session with them and have the opportunity to work together with him on commercial projects and invest if you like, and get connected and truly learn what passive income is about. So Lane, parting comments? Last piece of advice for our listeners and audience.

    Lane Kawaoka (21:15):
    Yeah, I mean if people want to book a call, my email is lane@simplepassivecashflow. Just to make sure you tell me that Jay sent you because, and I think that’s a big thing. That’s why you and I joined these different masterminds, right? Jay like it’s all about like it’s a small world out there and you know, you never really want to work with some random person, so at least know they came from you. You know, I know that they’re, you know, I can kind of follow the breadcrumbs, what kind of, what they’re all about.

    Jay Conner (21:45):
    You know, so our viewers have definitely heard me say this before, but I don’t know who came up with the phrase that opposites attract. That’s stupid. I mean, I want to hang around people that are like me, right? So yes, birds of the same feather do flock together. So anyway, Lane, I’m sure you’ll be hearing from a good number of our, audience members Lane. Thank you so much, man, for taking the time to come here on the show and tell folks what you got going on.

    Lane Kawaoka (22:12):
    Yeah, yeah, we’ll catch up in a couple months there in San Diego. Good to see you again.

    Jay Conner (22:17):
    You got it. Lane, thank you so much for coming on and I’ll see you soon. Well there you have it folks. Thank you for joining in for another episode. I’m Jay Conner, The Private Money Authority, wishing you all the best and here’s to taking your real estate investing business to the next level. We’ll see you on the next show. Bye for now.

  • Tom Mann Road House Deal – Real Estate Investing Minus the Bank

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    Scott Paton (00:54):
    So in four minutes, are you going to tell us about a deal that you’ve closed recently?

    Jay Conner (01:01):
    I hope you and your editor can go in and like snag these little stories, right?

    Scott Paton (01:06):
    This is why I’m asking you these things.

    Jay Conner (01:10):
    So let’s see here. A recent deal. Well, let me put on my thinking cap. Let’s see here. One of the guys, one of the crew and the contractors working on. Yes. So okay so we just started rehabbing this house last week, small house in a Newport and it’s probably only got like barely a thousand square feet. So this was how I found the deal was it was an ad, an actual payday ad on Facebook that I was running. And it’s a picture of the ad is a picture of me where they yellow bandit sign in front of me in front of my picture and I’m holding this bandit sign and it says, full price for your house.

    Jay Conner (01:57):
    [Wow!] And the phone number. Right? And so, and there’s a picture behind me or I’m standing in front of, you know, some houses, et cetera. So the daughter of the elderly lady that was living in this home contacted me from this Facebook app and I were contacting my acquisitionist. And so the story is, the lady that was living in the house, she had been living in this home for like over 30 years, maybe 40 years long time. And she got into the point that she just could not keep it the house anymore and she was needing to go move into an assisted living somewhere. Which of course, thank goodness when I bought the house corona virus and not shut everything down. And so she contacted us and the after repaired value on this home is approximately $140,000 I bought it for $52,000.

    Jay Conner (03:05):
    But it is about a $30,000 rehab. So $52,000 purchase, $30,000 rehab we’ll have between purchase and rehab 82,000, but still, yeah. The after repaired value is right 140,000. The reason that rehab is so much is because we’re actually moving rolls around and opening up the kitchen and making it larger. But here is the interesting part of this story as to why I got the deal. An actual competing real estate investor, and there aren’t many of them around here in a small area, but an actual competing real estate investor offered five more thousand dollars than I did. So how is it that I got the deal? Two ways you see, as long as you can understand where the seller is coming from and what their motivation is? You’ll get more of your offers accepted. You see, I knew this lady had no where to move.

    Jay Conner (04:07):
    She was going to need to move, but she hadn’t even gotten any plans together on where to move. So here was my offer. I pay her all cash. I was free and clear so there was no way to buy such do the existing notes. So we paid her all cash, I plaid all cash with private money, closed on the deal. And my offer was, I’ll pay you $52,000, but you can go ahead and get all your money now and you can live in the home for free for two months after we closed and give yourself plenty of time to find, you know, somewhere that you would want to move to. So that gave her the cash flow, gave her the money and cash in her pocket so she could, you know, move on with you know the rest of her life. And still stay there in our home for a couple of months. It was because of that offer we got the deal accepted.

    Scott Paton (05:07):
    Yeah. So it’s not always only about the money?

    Jay Conner (05:11):
    That’s right! That’s right! In this case it was getting the money quicker, cause I told her she got, have all of her money in seven days. [Right]. So getting all the money, getting it very, very quick, and then allowing her to live there for a couple of months.

    Scott Paton (05:26):
    And what was the after repaired value again, Jay? [140,000].

    Scott Paton (05:34):
    So 52 for the house, 30,000 to fix it up. And you’re going to sell it for 140, [correct!] So you can make your usual profits. [Exactly! On a small house] on a small house.

    Jay Conner (05:49):
    And of course we were able to buy it in such a discounted price as there was no mortgage. It was free and clear, no mortgages on it.

    Scott Paton (05:59):
    Right. So there’s the details 52 to buy it, 30 to fix it and sell it between 130 and 150.

    Jay Conner (06:10):
    Yep. Yeah. This is the Tom Mann Road House.

    Scott Paton (06:27):
    Just to make sure I got that right.

    Jay Conner (06:29):
    Two Ns sorry MANN to be exact. That account will shoot Corey a text and tell him we are ready when he is.

    Scott Paton (06:48):
    So Jay, you would seem pretty obvious that housing prices are not going to be going up for the next little while.

    Jay Conner (07:01):
    Well, actually they are according to a wall street journal that article I read last week and here’s why. You got a lot of people that had their home in the middle of a listing service for sale and now. A share of those people are fearful and don’t want people in their house. So they take their house off the market and now you have a smaller supply and when you got smaller supply of houses, prices goes up.

  • Fred Rewey on Real Estate Investing Minus the Bank

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    Fred Rewey (00:00):
    I guess we can get started. I guess we’re live. We’re live right now. We’re, we’re like, people can talk to you. Talk to us. You know, that was behind the scenes folks. That’s what happens in the high tech world of doing interviews. I forgot about that. I forgot. We’re completely live.

    Jay Conner (00:12):
    Well yeah, I just don’t know. I don’t know where we’re streaming to to tell you the truth. I have no idea.

    Fred Rewey (00:20):
    Bu all right, well let’s go and get started then. I’ll just take a break and then I’ll just roll into it and we’ll just ask some questions and if there’s anything you want to say, we’ll figure however long it goes, whether it’s five minutes, 15 minutes, whatever it works out to be. We’ll go with that. That work.

    Jay Conner (00:33):
    That sounds good to me.

    Fred Rewey (00:35):
    All right. Everybody had some time here and cornered the man himself kind of cornered Jay Conner here about the boot camps and you probably started to hear about these. So I wanted to kind of get them on the zoom cause we can’t, you know, get together right now. And actually this is a little bit about what your whole event’s about, but before we talk about your events I actually wanted to have everybody kinda maybe, you know, tell a little bit about yourself and who you are and what your background is, for anybody that may have not either seen you yet or didn’t catch your cash flow expo this year, which by the way, if you haven’t seen that session, go back and look at it. But just tell us you’re welcome and tell everybody a little bit about yourself.

    Jay Conner (01:13):
    Sure. Well, thank you Fred. I appreciate you having me on here for a few minutes. So I’m here in Eastern North Carolina in a really, really small town called Morehead City North Carolina population, only 8,000 people. And my wife Carol Joy and I started investing in single family houses back in 2003 and the first six years we were in the business from 2003 to 2009. January, 2009, Fred, I relied on the local banks and mortgage companies to fund all of our deals. And I called up my banker the third week of January of 2009, I had two houses under contract to purchase earnest money back then that I couldn’t get back. And I called my banker to tell him about the deals. I’d had this kind of conversation many times from my banker for the first six years, told him how much money was, to fund the deals from the club was my banker went silent on me, which was never a good sign.

    Jay Conner (02:17):
    And I learned in that conversation that all my funding and lines of credit had been closed with no notice. So myself and the rest of the world investors, I was cut off. Well, within two weeks of being cut off from the banks, I was introduced to this wonderful world of private money. And so I put my Private Money program on Steroids and I was able to raise $2,150,000 in less than 90 days. I learned it about private money. So since February, 2009, I haven’t missed out on a deal because I didn’t have the funding. I don’t do a lot of deals. I’ll do 2-3 deals a month here in our local market, total target market is only 40,000 people, but our average profit, Fred per deal is $67,000 per single family house. And we’re doing that with a median price point of only 225,000. So obviously we have to find these very attractive deals and we have to have the funding ready to go.

    Fred Rewey (03:24):
    Right, right. So how with us all filtered in place and you know, I guess this is going to be a two part question cause I’m gonna talk about really what are you doing now? Cause we know what you were doing before all this started. So how has this affected your business in the last, say three, four months and also then, you know, are you still able to do it business and then also what about going forward, what are you seeing for the rest of 2020?

    Jay Conner (03:50):
    Yeah. So a two part answer to how it’s affected the business. As far as the private money and the funding. I actually have more funding for my deals chasing me than I did prior to Corona virus. I mean, people have lost a lot of money in the stock market and they’re looking for a site place to put it. And real estate has got that answer. As far as the amount of transactions we’re doing, it’s not going up, it’s not going down. We’re getting just as many. Actually I’m getting a few more motivated seller lists and it’s all off market, off market for sale by owners. Most of the people still want us to come take a look at the house. And so in our area, you know, we’re not in like total shutdown mode where we can’t go to houses. However, I’ve got a number of students across the nation that are doing virtual showings. They’re used to know Google, duo app they’re using face time for the virtual showings. So our business has not slowed down one bit.

    Fred Rewey (04:58):
    So what I mean going forward, you know, the rest of 2020, I mean, obviously everybody’s worried about, you know, the economy people were worried about potential of the real estate market. What do you kind of, you know, and I know there’s no magic crystal ball, but we all agree on one thing and you and I have talked about this before. We all agree that there is an unprecedented opportunity or a rare opportunity going forward, like every decade, every two decades. You know, when something happens this much of a significant economic shift only happens once in a while. How do you see that playing out for you in the rest of the year with the potential of, you know, unemployment or you know what real estate pricing may be?

    Jay Conner (05:34):
    There’s going to be a huge opportunity to serve a lot of people in foreclosure for two reasons. Number one as we know, foreclosures you know, have been shut down for a while. They put a stop on that. But as my grandmother would say, Fred, all they’re doing is saving up spit. That stuff ain’t going away. Right? So we’ve got this buildup of foreclosures that are people that are already in foreclosure. And then on top of that, with the millions of people that have been laid off, there’s going to be even more people going into foreclosure because of that. So there is going to be a way, I don’t know how big, but it’s going to be bigger than it’s been in probably 10 years. There’s going to be a wave of foreclosures coming along and it’s for that reason, it’s one of those free events that we’re going to talk about that I’m spending a whole day on the foreclosure business, how people can get ready to serve a lot of people and to you know, profit as well.

    Fred Rewey (06:42):
    Yep. Now you just, you just led into my next question, which talked about you have three events coming up, three free full day Boot Camps. So when you told me about these and you said you’re doing these free, you know, three Fridays in a row. And I thought, okay, great. You know, what are you going to do an hour or so? I mean these are full days and there’s no cost to go to them. So tell me a little bit about the events and what made you even think of doing it. And certainly, I mean there’s the give back, the guy that donates an hour, there’s another, when you’re talking about three full days, that’s a lot. And they’re not the same thing. Three different days.

    Jay Conner (07:14):
    That’s right. So the first free day, so these are three Fridays in a row, May 22nd May 29th and then June 5th and they are full days. 9:00 AM to 5:00 PM going to be virtual. So you know, your people, as we just said, we’ll be able to register for free the very first Friday on May 22nd all that is. So all three days, Fred are going to be framed around how to not only survive but thrive in the midst of having to stay at home in the midst of Corona virus and all that. So the first Friday is going to be focused on private money, getting funding for your real estate deals, for their single family houses, commercial, et cetera. And how to be positioning yourself to get this funding ready to go. So that when the big opportunities do come right around the corner, you’re going to be able to take care of it.

    Jay Conner (08:10):
    I mean, hard money lenders buy larger, shut down. Banks have tightened up even more so private money. And that is my specialty right there. Private money deals, nothing to do with your credit, nothing to do with your verification of income, et cetera. So that first part is focusing on that. The second, free Friday on May 29th, as I mentioned, I’m going to spend a whole day focusing on the foreclosure business. How to locate these opportunities to serve people before other real estate investors even know that these properties and opportunities exist. How to position yourself to not only find them, but how to have conversations with these people that you know, and just in shutdown mode. And how you can also get your deals funded on these deals without even having to necessarily use private money on these particular foreclosure deals. The third free Friday is going to be focused on what I call free private money, how to find free private money and get more funding for your deals as well.

    Jay Conner (09:18):
    Again, how to do this in the midst of Corona Virus. And even though our country in certain areas is starting to open up and is opening up, in my opinion, we’re not going to be coming out of this as far as the economy goes and et cetera for some time. So how to position yourself. These three Fridays Fred are for brand new real estate investors and also for seasoned real estate investors that are looking for more funding for their deals and as well how to find off market deals of motivated sellers. Again, in the midst of and on the other side of the corona virus.

    Fred Rewey (09:56):
    I like it! And I want to congratulate you for, you know, giving back so much of your time. Like I said, a lot of people are, you know, doing an hour here, webinar and stuff, and we’re all doing what we can, but three, three full days for free is pretty impressive and obviously a lot of content and you can’t, you can’t have a lot of fluff when you’re doing that. So I think it’s going to be pretty neat. I think definitely everybody whether they’re, you know, think they’re in real estate or whether they’re looking at their own strategies going forward, I think everybody’s gonna have a lot of takeaways from it. And that’s really what it is. I mean, I go to a lot of these things. I walked a lot of the things like I can get just one really good idea that I can implement. Then it makes a difference. And if you’ve got three days, well then I’m sure I’m going to have a notebook full at that point though. I know you’re busy. I just wanted to say thanks. I wanted everybody in our audience to kind of know who you are, know about the opportunity to know about the three free days to attend. Is there anything else you wanted to mention before we sign off here?

    Jay Conner (10:47):
    That’s it you know, folks, if you have not gotten registered yet, you want to get registered right now because I know that we will fill up and so you want to go in and take advantage of it right now if you haven’t already. And Fred, I know that you’re going to be participating and joining us on at least one of the Fridays. Tracy, I think Tracy is doing a panel

    Fred Rewey (11:09):
    I think what you guys are looking forward to that look, we’ve been buying notes for over 20 years now, so we see opportunity and we bought real estate before. We see opportunities on all sides of this, so we’re looking forward to it.

    Jay Conner (11:21):
    That’s awesome. I look forward to seeing you and seeing Tracy there and thank you so much for having me on.

    Fred Rewey (11:27):
    All right, thanks.

    Jay Conner (11:29):
    All right.

  • Cory Boatright on Real Estate Investing Minus the Bank

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    Cory Boatright (00:41):
    Jay, my man! How you doing?

    Jay Conner (00:41):
    Hello, Cory! I’m doing fantastic. How about you?

    Cory Boatright (00:47):
    Well, my lands.

    Jay Conner (00:51):
    Oh my lands!

    Cory Boatright (00:55):
    Jay. I know that you are The Private Money Authority, but some people do not know who you are, that are going to be attending here on this event that I’m so excited to bring on these free Fridays. There’s three of them total. Would you mind going ahead and just share in a five second little snippet of kind of who you are, what you are doing right now in the private money space? And I’m going to share about the gift that we’re going to give all the people that are going to attend this special event.

    Jay Conner (01:29):
    Alright! Excellent. So yes. My wife Carol Joy and I, we’ve been investing in single family houses full time since 2003 and the first six years of us doing the business, I relied on local banks to fund our real estate investing deals, right? The 3rd week of January, 2009, Cory. I called on my bank on right here on this telephone where I’m sitting and I learned in that phone call that I had been cut off with no funding, no lines of credit, they were gone. And I had two houses under contract worth over a hundred thousand dollars in profit. So my definition of coincidence, Cory, is God’s way of staying anonymous. So in less than two weeks, I was introduced to this wonderful world of private money, not hard money, not hard money lenders or brokers I’m know about doing business with individuals, human beings.

    Jay Conner (02:30):
    And I learned about how to borrow money from their investment capital. I also learned about self directed IRAs, how people can loan money to my business from their retirement funds. So I learned all about that. [There’s a lot of that out there right now]. Even more now, right? And so I put my program together and without asking for any funding, I was able to raise $2,150,000 in less than, 90 days of being cut off from the banks. And I have a great deal since I started doing that back in 2009. So I’m here in a small town, Cory and my total target Morgan, similarly 40,000 people, I don’t do a lot of deals, I do 2-3 deals a month, but my average profit is $67,000 per deal. So those numbers seem to work out okay.

    Cory Boatright (03:28):
    Absolutely. And so private money right now is needed more than anything really else because of this Covid situation. And there’s all these things that are changing right now, Jay, you have three Fridays that you are going to be giving away information. I know you’re going to be talking about private money, you’re gonna be talking about four closures which are coming. They are going to be coming and you gotta be prepared for what that is going to look like for you and how you can take advantage of that. And then also there’s private money that actually costs money, Jay, but you’re going to be talking about private money that’s free private money too. And so can you just share a little bit about those Fridays?

    Cory Boatright (04:10):
    Absolutely. So the first and, by the way, these are not two hours each day. These are all day for your people in your world. Cory. All they gotta do is register. Y’all just registered. So the first Friday is may the 22nd all right, May 22nd and on that Friday, this is going to be virtual. Of course, it’s going to be right here on the internet. So folks you’re seeing this, you’re going to be able to attend. And so the first Friday is about how to get private money, a lot of private money, very, very quickly. How to attract it without having to chase any of it and get funding for your deals regardless of your credit score, regardless of your verification of income. I mean, you can be laid off right now from your job and get just as much private money funding for real estate deals as I do.

    Jay Conner (05:01):
    All this is going to be framed how to do this and get a lot of funding quickly here in the midst of corona virus and even on the other side, a lot of hard money lenders were shut down right now. They’re not loaning money out and you don’t have to rely on the banks on this. So how did you get a lot of funding for your deals right here in the midst of uncertain times? Friday or May 22nd it’s going to be all about foreclosures. And I’m talking about how to serve a lot of people from the space of a servant’s heart. I mean, you’ve got Corona crisis going on now. I mean, you’re going to have a ton of people where their own crisis. I mean, they’ve got, you know, as, as we know now, foreclosures have got to stay. There’s no new sales going you know, there’s no new files being opened up.

    Jay Conner (05:52):
    But Cory, as my grandmother would say, if she were living, all they’re doing is saving up spit, right? None of that stuff is going away. So we’ll leave when they open it up, we’re going to have this avalanche of foreclosures. And then on top of that, think of all the people over 30 million people that are unemployed, laid off from their jobs. That’s going to create even more foreclosures. And you know, there’s this talk of, Oh well they can put while they’re behind on the back end of their note, that’s not going to be happening in the majority of the cases. So there’s going to be this huge opportunity. I’m talking for the next 24 months, at least in my opinion, to serve a lot of people and to create win win situations, get a lot of profit out of it as well. Then the third Friday on June the 5th I call it how to locate free private money, how to get funding for your deals without having to borrow any money whatsoever or come up with a down payment. So there you have it, Cory. That’s all free for your people.

    Cory Boatright (06:56):
    I love it. So the day is the first Friday starts on what day?

    Jay Conner (07:01):
    Yep. The first fraud is May 22nd

    Cory Boatright (07:02):
    May 22nd the second Friday. And so it’s right along. It’s every single Friday after that. So three Fridays total. [That’s right]. Okay, great. Great. So what I need for you to do, if you want to attend this class, it’s really simple. Just go to PrivateMoneyPlace.com that’s where you go and when you go there you are going to register and Jay you have a free gift that you’re going to give them. What are you going to give them?

    Jay Conner (07:32):
    Absolutely. Besides the free training, just as a thank you for registering a bonus gift for you being in Cory’s world, I’m going to give you for three weeks total 100% access to my own membership site, which is called The Private Money Academy and so you get a whole month of free. I got a ton of training in there and again that’s just going to be a congratulations to you for taking action to register for these three virtual Fridays.

    Cory Boatright (08:01):
    I love it, Jay, I appreciate you! Go to PrivateMoneyPlace.com register and you get the four trainings on top of the three full days! Full day! Of training for private money and you need this right now. If you’re a wholesaler, you need this right now. If you’re a fix and flipper, a buy and holder, I don’t care if you’re involved with short sales or lease options. Whenever you learn about private money, it opens up the world for you to do more deals and serve more people, which both of those things allow you to impact the world and make a bigger chain. So go to Private MoneyPlace.com join me and Jay there. It’s going to be great. So I’ll see you there. Thank you again, Jay!

    Jay Conner (08:45):
    Thank you Cory! And Cory, you’re going to be there with me as well, so you’re not just getting Jay, you’re going to have Cory the virtual event, so getting registered. Thank you Cory. I’ll see you there.

    Cory Boatright (08:56):
    Appreciate you. Thank you guys. Remember, be a servant. Bye now. Bye bye.

    Cory Boatright (09:03):
    Okay, so let’s do a sizzle reel. That is one minute sizzle reel 30 seconds to one minute sizzle reel. And I want to do on this is I want to record this one that I can share on social media prior. As I’m starting to if I don’t have to have a long video, I just want to have a short video or just sit, they just see a quick sizzle reel. Okay.

    Jay Conner (09:28):
    You tell me what you want me to say. In less than 30 seconds

    Cory Boatright (09:33):
    I want you to cover is the what, the three Fridays quickly what they get on each Friday, the start date and then if you can have that thing running at the same time, I start talking to Scott on the bottom. Yep, that’d be great. And I’m just going to come on just real excited about the private money, how you’re going to give away three full days and it’s going to be almost like you’re joining a conversation. So it’s going to be something like, are you kidding me Jay? You are going to give away three full days and then you do it. And we’ll do it for that. And so it’s literally going to be 60 seconds.

    Cory Boatright (10:10):
    Awesome.

    Cory Boatright (10:11):
    That we do it. So it’s literally gonna be just a quick 60 seconds

    Jay Conner (10:17):
    Okay.

    Cory Boatright (10:19):
    And we’ll use this as our sizzle reel.

    Jay Conner (10:23):
    Okay.

    Cory Boatright (10:25):
    So we’ll start here. I’ll just do the countdown for you. Okay. In five, four, three, two, one. Jay, are you kidding me? You’re actually going to give away three full days of private money training?

    Jay Conner (10:48):
    You got it, Cory. Three full days and it’s gonna start the first Friday or May 22nd then May 29th and then June 5th all free. Now, first Friday is going to be how to get funding for your deals. Private money regardless of your experience or your credit or your income. How to get the funding right here in the midst of Corona virus. The second Friday is going to be all about foreclosures. How does serve a lot of people that are going to be in foreclosure right here on the other side of corona virus, how to locate these and create win-win opportunities and make a ton of money while serving a lot of people. And the third free Friday, Cory is going to be all about, I call it, how to locate and get private money, how to get funding for your deals without having to borrow any money whatsoever. So they’re coming up right around the corner.

    Cory Boatright (11:39):
    That’s awesome. Thank you again, Jay. I’m looking forward to this. I’m going to join you on this as well. So this is where we go. You go to PrivateMoneyPlace.com register and Jay is going to give you a free gift just for registering and you got to go check it out. PrivateMoneyPlace.com. Jay, I’m looking forward to it. Go there. I now registered.

    Cory Boatright (12:00):
    Alright, see you there!

  • Jim Zaspel on Real Estate Investing Minus the Bank

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    Jim Zaspel (00:11):
    Yeah, that sounds good. Well, let’s get started, Jay. So Jay, you and I met about 10 years ago, 11 years ago. And you’ve been a real estate a lot longer than I have been. So tell us about yourself, how you got started in real estate investing and Jay Conner in a Nutshell. You got a lot of interesting stories behind you, so let folks get to know you a little bit.

    Jay Conner (00:32):
    Well, you know, I don’t know if I can do Jay Conner in a Nutshell because you just told me last week I can’t manage to say my name. Right? I remember Jim, the very first real estate investing event that you and I met at. I don’t know what brought it on, but I think I was brought up on the platform to I don’t know to talk or something and I sat back down and I was sitting right next to you at the event and you leaned over to me and you said, talk Jay Conner can do [I remember a good yesterday, man]. So who am I and what have I been doing? So, as you said, Jim, I’ve been investing here in Eastern North Carolina since 2003 full time since 2003. And the first six years of the business, I’ve relied on local banks and mortgage companies to fund my deals. And I remember like it was yesterday, it was the third week of January, 2009, six years into the business, I called him a banker on this telephone right here.

    Jay Conner (01:41):
    I called him up, his name was Steve. And I got Steve on the phone and I’d had this conversation with Steve many times. I told him, Steve, I have these two properties on the contract, which by the way, back in 2009, when you put earnest money down in North Carolina, you couldn’t get it back. So I got money tied up in the deals and these two deals representative over a hundred thousand dollars in profit. And so I propose about the deals and when closing was scheduled and the funding that I needed for the deals. And I learned that conversation that I’ve been cut off and my lines of credit are gone from the bank. And I wish I’d known that before I put the money down. Right? And so within two weeks of actually going to this event that I was at with you, learned about private money. I came back home, I put my private money program on steroids and I was able to raise 2 million, $150,000 in funding from individuals, either their investment capital or their retirement funds. And so I was able to close all those two deals that I had. I didn’t lose those. And since that time I’ve not missed out on a deal because I didn’t have the funding. So I’m still full time in the business. I do two to three deals a month. Our average profits are $67,000 per deal.

    Jim Zaspel (03:03):
    I just wanna puke My friend, $67,000 per deal. So you just told me that you work half as hard as I do and get paid twice as much.

    Jay Conner (03:11):
    So anyway, you know, I do the business, I love the business. And I got bored back in 2011 cause they got an amazing team put together for doing the business. So that’s when I started, I put on my teacher hat and I started educating other real estate investors, particularly on how to get a lot of funding for their deals without relying on their credit verification income or experience in real estate.

    Jim Zaspel (03:36):
    That’s awesome! Well, you there’s one thing you, you did a training just a week or two ago that I was on and I went to high level folks and it was like, Holy moly, you know, when you’re in the hands of a professional, and I don’t mean a professional speaker, which you are, but what a few of my friends were talking afterwards is a professional teacher who’s like, wow, this is doable. And it makes it super clear. And of course you’re on his neck to listen to. Besides,

    Jay Conner (04:04):
    I got a little bit of a different accent than the folks up there in PA. Right?

    Jim Zaspel (04:09):
    A little bit, a little bit, a little bit. So Hey man. So we’re doing a couple of things are coming up. You know, these three individual days, tell folks about what’s in the books for how you’re going to help folks out and get some free training coming up.

    Jay Conner (04:26):
    Yep. So for your subscribers, your followers, Jim, you’ve got quite a network. You can invite all your people to come absolutely for free to three Fridays in a row on real estate virtual training right here on the internet. These three free Fridays are, the first one is going to be May 22nd Friday, May 22nd. And folks, this is not a two hour training per Friday. This is all day 9:00 AM to 5:00 PM Friday, May 22nd is the first one, then Friday, May 29th and then Friday, June the fifth, all these three Fridays are going to be not only how to survive, but how to actually thrive when you’re in the midst of uncertain times. And even when we come out on the little side of Corona virus, there’s always going to be those uncertain times that come around the corner. So in the midst Corona virus on the coming out on the other side, how you can be very successful in real estate investing, whether you’re a seasoned real estate investor or you’re brand new and never done a deal the first Friday, Jim on May 22nd, I’m going to be teaching all day long focusing on private money, how to actually locate the private money and the funding, particularly right now front virus and the consequences of it are still going on.

    Jay Conner (05:47):
    I actually have more private money coming to me without me asking for any money. It’s chasing me and I’m going to be sharing with of your folks that come there to the free Friday, how I actually am raising all this money in the millions without ever asking anybody for money, right?

    Jim Zaspel (06:08):
    Jay That’s incredible! And if I can interrupt and just like a plug for you for a second. So I will say that in my experience personally and people I know you know, one of the biggest things that we’re afraid of. Like what do you say? Right? How do you, how do you ask for the money? But you didn’t even get to do that. And so I’m gonna put a bait hook out there for folks that, you know, Jay has this, I’m going to just use the words magical way of talking about not even asking for talking about private money and then getting it. So you’re in for a super treat. I know you’re going to talk about some of the stuff on that Friday on the 22nd, but I just want to stop right there. That alone is just incredible.

    Jay Conner (06:47):
    Yeah. Well, and in fact, Jim I mean, you know what you’re talking about as well and you can speak to it because you’ve raised a ton of private money yourself.

    Jim Zaspel (06:58):
    Yes, yes. We have several million dollars in private capital all using Jay’s processes and systems. There’s one time I raised, it’s just over half a million bucks at one launch in using Jay’s process. And that happened to be brushed by the group to be with the same private lenders to right now it’s over one and a half million dollars of private money from those same people.

    Jay Conner (07:20):
    That’s awesome. That’s awesome. So that’s the first Friday, May 22nd and then the second Friday, May 29th we’ll be focusing on foreclosures. And here’s what I mean when I say foreclosures. So right now I mean you’re, our country’s starting to open up a little bit, but the foreclosures, people that were in foreclosure but hadn’t gone to their houses and not going to sale you know, when Corona virus was come along. So they put a stay on the foreclosures and there’s no new sales going on. You know, right now and won’t leave for the next few weeks. Well, as my grandmother would say, all they’re doing is saving up spit.

    Jim Zaspel (08:03):
    Yes.

    Jay Conner (08:07):
    That’s stuff ain’t going anywhere. I’ll do that. Then she’s going to be more spit all at one time,

    Jim Zaspel (08:11):
    right? I got to get that one down.

    Jay Conner (08:18):
    Well, you can always count on me to give you a nugget Jim. So you got all these people, there’s going to be this wave of new foreclosures just from the pent up demand. And then on top of that, we got all these millions of people over 30 million people unemployed, laid off. Well, that’s going to create even more foreclosures. So here’s the deal. There’s an affinity on an ever met me or heard me speak, you know, I come from a place of a servant’s heart. Look out for the other person first and you’re not going to have to worry about yourself. So there’s going to be a huge opportunity to serve a lot of people that are going to be having their own crisis. I mean, you talk about the Corona virus crisis, there’s going to be the foreclosure crisis that’s coming up. Are you gonna be able to serve a bunch of people, help them out of their crisis.

    Jay Conner (09:13):
    And in return, I’ll teach you how to create win-win scenarios to where you serve these people and you make a ton of money at the same time in serving these people. That’s the second Friday, the third Friday on June, the 5th, I call it how to locate three private money. So I’m going to be teaching a strategy on that Friday as to how you can actually get funding for a lot of your deals without having to borrow any money. So I’m just going with the teaser to get funding for your deals without borrowing any money. I’m not talking about using your own money either. So that’s going to be free private money on a Friday, June the fifth. And so Jim you know, whenever it’s appropriate, I’ll let you tell people how they can register or maybe there’ll be seen it right here. I don’t know. But if you have not registered folks, I never gonna fill up. Because you are in Jim Zaspel world, you get to come for free, get registered right now.

    Jim Zaspel (10:20):
    That is a huge giveaway. So what I’ll tell you folks who are watching this. The first thing I’ll tell you is I think you can tell from watching that, Jay spent 10 minutes to say hello, is that he truly has a servants heart And more honestly, more importantly for your purposes is he knows what the heck he’s talking about and he’s darn good at it. And most importantly, he’s just, he makes it so doable. And you know, I’ve heard, you know, until we learn something new there’s on-boarding process makes the challenge. Jay makes new stuff, seems so easy and so doable. And just cause he’s so good at himself. So you’re a great hand. So if you got emailed a link to this video, then the way it’s going to work is there’ll be a link to register.

    Jim Zaspel (11:03):
    And again, it’s totally free, Jay’s doing, there’ll be a link to register for these free trainings in that email. And then if this video is on a page on one of my social media pages, it’ll be in the description as well. So check the email if you got an email, if you’re watching the social media check the first comment or the description and the link will be there. So go ahead and click it, cause I don’t know what Jay’s limit is, but obviously because of technology and bandwidth, all those things are. There’s so many people who’ve been fit in a class each day.

    Jay Conner (11:30):
    Thank you so much, Jim, for having me on here. And, you’re going to be joining me, I think on a panel. So you all, not only do you get me, but you get the main man himself and these virtual trainings as well. So I look forward to seeing all of you and Jim at the upcoming virtual trainings. We’ll see you there.

    Jim Zaspel (11:50):
    Awesome, Jay, I really appreciate you doing this folks. Get registered now and I’ll see you soon.

     

  • How do Real Estate investors make money?

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    Podcast: Play in new window | Download | Embed

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    Jay Conner, The Private Money Authority answers the question: How do Real Estate investors make money?

    Jay says making money has more than one definition and these are the following:

    1. Profit
    2. Investment
    3. Return on investment
    4. Appreciation
    5. Profit on a deal
    6. Cash-flow

    Jay explains that in his word Profit is the Investment minus the Repair and the Carrying Costs.

    Register for the Real Estate Cashflow Conference:

    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 $64,000 per deal.

    What is Real Estate Investing? Live Cashflow Conference

    The Conner Marketing Group Inc.
P.O. Box 1276, Morehead City, NC USA 28557

    P 252-808-2927
F 252-240-2504

    Channel

    https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w

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

    RSS Feed

    http://realestateinvestingdeals.mypodcastworld.com/rss2.xml

    Google Play

    https://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47y

    iTunes:

    https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034

    Watch on ROKU:

    Roku

    https://my.roku.com/add/realestateinvestingRoku

    https://my.roku.com/add/realestateinvesting

    Watch on Amazon Prime:

    https://www.amazon.com/How-Locate-Real-Estate-Deals/dp/B07M9WNZR6/ref=sr_1_3


  • How Much Money Do You Need for Real Estate Investing and Make 67k a deal?

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    Jay Conner, The Private Money Authority, answers the question: How Much Money Do You Need for Real Estate Investing? (And make $67K a deal?)

    The internet says you need a minimum of $5000 to invest in real estate. Sometimes $50, 000 depending on the kind of deal or the nature of the project.

    In this video, find out what Jay Conner has to say to how much really do you need to pull out of your own pocket to start?

    What is meant by, “I don’t bring any money to the closing table”?

    Jay Conner can bring your business to the next level regardless of your income, regardless of your credit and regardless of your experience.

    Register for the Real Estate Cashflow Conference:

    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 $64,000 per deal.

    What is Real Estate Investing? Live Cashflow Conference

    The Conner Marketing Group Inc.
P.O. Box 1276, Morehead City, NC USA 28557

    P 252-808-2927
F 252-240-2504

    Channel

    https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w

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

    RSS Feed

    http://realestateinvestingdeals.mypodcastworld.com/rss2.xml

    Google Play

    https://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47y

    iTunes:

    https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034

    Watch on ROKU:

    Roku

    https://my.roku.com/add/realestateinvestingRoku

    https://my.roku.com/add/realestateinvesting

    Watch on Amazon Prime:

    https://www.amazon.com/How-Locate-Real-Estate-Deals/dp/B07M9WNZR6/ref=sr_1_3