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Is Private Money drying up in this chaotic market? Is the biggest opportunity in real estate right around the corner? How do you prepare for it? 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 James Prendamano! James Prendamano has been named one of the 50 most influential people by “City and State” for several years running. As CEO, the company was named one of New York City’s top 10 boutique real estate firms by the “Commercial Observer” and won the “Top 31 Business Award” by the Staten Island Economic Development Corporation. Recently James was named one of the top 100 leaders in Real Estate and Construction as well as one of the top 100 innovators in Real Estate, in part due to his groundbreaking new Real Estate Software which is slated to be offered to the marketplace in the coming months. James’ success in the Real Estate Space has resulted in several appointments by the Mayor of New York City and he currently serves as a Director of the New York City Industrial Development Agency (NYCIDA) as well as a Member of the Build NYC Resource Corporation (Build NYC) for The New York City Economic Corporation. He has built a culture of service and philanthropy. He created the “Season of Giving” donating to various charities throughout the years. Recently James launched PreReal, Prendamano Real Estate a state-of-the-art new-age Real Estate Brokerage, a Technology company, an Investment fund, and a one-of-a-kind Real Estate Institute. Over his career, James’ team has closed over 1500 deals, leased more than 1 million square feet of commercial space, and has effectuated more than 1 billion dollars in transactional Real Estate. Timestamps: 0:01 - Raising Private Money with Jay Conner 0:14 - Today’s guest: James Prendamano 3:49 - The Biggest Challenge That Leads To Using Private Money 5:33 - How To Find Private Lenders 8:10 - Will the Interest Rates Of Paying Private Lenders Also Go Up? 10:00 - Begging For A Mortgage vs. Offering An Opportunity 12:25 - Profitable Deals By Raising & Using Private Money 16:17 - Points To Consider When Planning To Start Raising Private Money 18:38 - Jay’s Free Money Guide: https://www.JayConner.com/MoneyGuide 19:33 - Sustainability: How To Make Sure You Will Survive The Chaotic Market 24:06 - Get Your Money Lined Up! 26:15 - Cash Is “Still” The King 27:17- To Be Successful, Educate Yourself. 29:32 - Check out James Prendamano’s Podcast: https://www.PreReal.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
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