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Don't Gamble! How Joel Raised $100 Million in Private Money | Real Estate Investing Minus The Bank

Key Takeaways:

  • The industrial real estate niche
  • Private money can come from anyone, whether rich or not.
  • Don’t guarantee loans.
  • Be up-front with investors about the risk of private lending.
  • Mitigate risk through due diligence and making good decisions.
  • The importance of 100% trust with your investors.
  • Don’t gamble: understand what makes a good deal.
  • Emotion is not how you make deals—math is how you make deals.
  • Joel’s deals and their terms.
On Raising Private Money we’ll speak with new and seasoned investors to dissect their deals and extract the best tips and strategies to help you get the money! Today we have Joel Friedland! Joel Friedland has a 40-year track record in industrial real estate. He co-founded Epic/Savage Realty Partners in 1991 where he oversaw hiring and mentoring 60 industrial real estate professionals, many of whom became his partners. His group sold the firm to an international real estate company in 2014 and Joel started Brit Properties. As an industrial real estate broker and owner, Joel has secured over 2,000 industrial property leases and sales. His greatest accomplishment is maintaining valued relationships spanning five decades. Joel is a member of an international organization, the Society of Industrial and Office Realtors. He attended the University of Michigan. He enjoys spending time with his family in Deerfield and in the great outdoors.

Timestamps:

0:01 – Raising Private Money with Jay Conner

1:26 – Today’s Guest: Joel Friedland

3:38 – What Is Industrial Real Estate?

5:34 – The Story Of Joel Friedland In Industrial Real Estate

7:46 – Industrial Real Estate and Private Money

12:04 – How Joel Raised $100 Million In Private Money

16:50 – Jay’s Free Money Guide: https://www.JayConner.com/MoneyGuide

17:40 – How To Protect Your Private Lenders

21:10 – The Most Important Thing In Raising Private Money: Trust

24:09 – Joel Friedland’s Greatest Lesson Learned: Never Gamble!

26:03 – The Math Makes The Deal

31:03 – Connect with Joel Friedland: https://www.BritProperties.com







Private Money Academy Conference:

https://www.JaysLiveEvent.com

Free Report:

https://www.jayconner.com/MoneyReport

Join the Private Money Academy: 

https://www.JayConner.com/trial/

Have you read Jay’s new book: Where to Get The Money Now?

It is available FREE (all you pay is the shipping and handling) at

https://www.JayConner.com/Book 

What is Private Money? Real Estate Investing with Jay Conner

https://www.JayConner.com/MoneyPodcast

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

What is Real Estate Investing? Live Private Money Academy Conference

https://youtu.be/QyeBbDOF4wo

YouTube Channel

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

Apple Podcasts:

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

Facebook:

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

Listen to our Podcast:

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