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How Ray Went From Homeless to Earning $900,000 in 2023 - Real Estate Investing Minus The Bank


Key Takeaways:

  • The world of land flipping
  • The benefit of investing in the comfort of your own home
  • People are not as attached to land as they are to houses.
  • Build credibility as an expert in your niche, and that will speak for itself when it comes to bringing in private investors.
  • Using direct mail for land deals
  • Using cash offers gets you a better discount when making property deals.
  • Tax-assessed value does not equal market value. Market value is determined by buyers.
  • Using sites like Redfin.com gives you a lof data on properties.
  • Ray’s biggest lesson learned: don’t get stuck doing too many small deals.
  • Ray’s final advice: focus on your nice, and you will find success
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 Ray Zhang! For almost 7 years, Ray Zhang has been trying to get into the real estate game, with not too much success at all. He has tried wholesaling houses, apartment investing, house flipping, you name it, he tried them all, but NONE WORKED! Ray has spent at least $150,000 on different programs and coaching but all he got was frustration, overwhelmed, and doubt. In the past 4 years with land investing, Ray has done more than 300 deals across the nation, from the comfort of his home. The biggest land deal he got almost gave him a return of 1000%! Today Ray would love to share the secrets with you!

Timestamps:

0:01 – Raising Private Money with Jay Conner

1:20 – Today’s Guest: Ray Zhang

3:05 – The Virtual Land Flipping

6:08 – Private Money In Land Investing

7:27 – Give Birth To Private Money

11:34 – Jay’s Free Money Guide: https://www.JayConner.com/MoneyGuide

12:25 – How To Locate Land Deals

14:02 – Paying In Cash Will Always Give You A Better Discount

19:42 – What Is Market Value?

21:25 – Exit Strategies In Land Flipping Business

23:05 – Ray Zhang’s Greatest Lesson Learned

24:42 – Connect with Ryan Zhang: https://www.Instagram.com/VirtualFlipland

25:44 – Ray Zhang’s Parting Comments: Focus On One Niche In Real Estate














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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

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