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How Crystal Baker Turned a Referral into a $86,000 Profit Real Estate Deal

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Welcome back to another exciting episode of the Raising Private Money podcast! In today's episode, we delve into the world of real estate investing with Jay Conner, and Crystal Baker. Get ready to hear all about a unique deal Crystal recently navigated, including how she purchased a $200,000 property for just $96,000 and turned it into a profitable venture through referral-based acquisition and an innovative "work for equity" exit strategy. Join us as we uncover the nuances of this deal, the strategies behind raising and leveraging private money, the importance of asking for referrals, and the specifics of working with tenant buyers who are eager to add value to their future homes. Make sure you have your pen and paper ready to jot down key takeaways and lessons from this insightful session and don't forget to grab your free guide by visiting jconner.com/moneyguide to propel your real estate investing business. Stay tuned for valuable insights that could skyrocket your success in the world of real estate. Now, let’s dive in!

Timestamps 00:01 Discussing unique deals, writing key details, and lessons. 05:58 Purchased property for work in exchange for equity. 09:36 Negotiating property improvements and mortgage readiness. 13:03 Offer 50% credit for rent-to-own renovations. 14:42 Budget, scope, and timelines ensure project completion accountability





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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.

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