Key Takeaways:
- The best way to start raising private money
- Expanding your network through your real estate attorney
- The difference between hard money and private money lenders
- How to start a conversation about private money with a potential investor who has never heard of it
- Andrew and Nic’s ventures
- The benefits of being a private lender
- Do private money lenders have interest-only monthly payments with a balloon payment?
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 Andrew Jarrett and Nic Cooper! Andrew & Nic are natives of Western New York, where they were part of numerous profitable redevelopment opportunities on single-family homes. They founded a property management company that managed single-family and multifamily units. They sold the company and shifted his focus to the acquisition of smaller multifamily and single-family investment properties in Western New York. Andrew and Nic currently hold several hundred rental units in this market with in-place management and maintenance teams. They are also the #1 Bestselling author and the hosts of “The Passive Road to Retirement” podcast. They have scaled their investments to the acquisition of large Multifamily apartment complexes, amassing several hundred units, located in Florida and Georgia. Jarrett Capital's investment team has experience investing tens of millions of dollars of capital across real estate cycles, asset classes, and risk profiles. Our Investment team has over 40 years of combined real estate investing experience & knowledge.
Timestamps:
0:01 – Raising Private Money with Jay Conner
1:25 – Today’s Guests: Andrew Jarett & Nic Cooper
3:45 – The Best Way To Get Started In Raising Private Money
6:07 – Networking Through Your Real Estate Attorney
6:52 – Hard Money Lender vs. Private Money Lender
8:54 – Current Rates In Private Money
10:46 – Jay’s Free Money Guide: https://www.JayConner.com/MoneyGuide
11:37 – How To Start A Conversation With A Potential Private Lender
14:15 – The Jarret Capital – https://www.JarrettCapital.com
17:43 – Benefits Of Being A Private Lender
19:05 – Do Private Money Lenders Have Interest Only Monthly Payments With A Balloon Payment?
21:42 – Connect with Andrew & Nic: https://www.JarrettCapital.com
Private Money Academy Conference:
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
YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner
Apple Podcasts:
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https://www.facebook.com/jay.conner.marketing
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