How “The Pool Guy” Found Private Money for Real Estate Deals

How “The Pool Guy” Found Private Money for Real Estate Deals

14,984 View





Finding a private money lender is far less complicated than people think. Striking up a ten-minute conversation could be enough to find your next round of private money. At least that’s how it worked out for Josiah. Josiah is a small business owner, running a pool cleaning business while building up a small portfolio of rental properties. He sees dozens of new faces every day, and those new faces directly translate into new opportunities.

After hearing our past episodes with Amy Mahjoory, Josiah took some of her tips and began pitching his deals to everyone he encountered. Now, he’s got some private money lenders lined up for his new multi-unit, four and a half acre, short-term rental real estate deal. We told you—raising private money is a lot easier than most people think! But we’re not just talking to Josiah today. We also have Amy back on the show for part three of her private money masterclass.

This time, Amy talks about building the “credibility pieces” that give private money lenders confidence in you, your team, and your deal. These range from presentations to deal reviews, calculators, and more. These private money tools took decades to build and Amy still uses them today! Interested in testing out some of Amy's private money-raising tools? Check out the "BiggerPockets Real Estate Podcast" show page for links!

~~~~
Join BiggerPockets for FREE:
https://www.biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Grab Amy’s Private Money Resources:
https://www.biggerpockets.com/reshow
~~~~
Watch the Past Episodes with Amy:
Part 1: https://www.biggerpockets.com/blog/real-estate-636?utm_source=youtube&utm_medium=description&utm_campaign=none
Part 2: https://www.biggerpockets.com/blog/real-estate-637?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Grab the Private Money BiggerPockets Books:
Lend to Live: https://store.biggerpockets.com/products/lend-to-live?utm_source=youtube&utm_medium=description&utm_campaign=none
Raising Private Capital: https://store.biggerpockets.com/products/raising-private-capital?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Get Your Copy of David’s Book “Long-Distance Real Estate Investing”:
https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Connect with Amy:
Website: https://amymahjoory.com/
LinkedIn: https://www.linkedin.com/in/amy-mahjoory-bb299511
Instagram: @amymahjoory or https://www.instagram.com/amymahjoory/
~~~~
Connect with Rob (Robuilt) on YouTube, Instagram, TikTok, and Twitter:
Youtube: https://www.youtube.com/c/Robuilt
Instagram: https://www.instagram.com/robuilt/
TikTok: https://www.tiktok.com/@robuilto
Twitter: https://mobile.twitter.com/robuiltchannel
~~~~
Connect with David and Rob on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Follow David on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/

Episode 654

Show notes at: https://www.biggerpockets.com/blog/real-estate-654?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Intro
05:15 Quick Tip
06:16 Pool Guy to Private Money Raiser
13:13 I've Got a Deal! Now What?
18:20 Recapping the Rules of Private Money
21:35 Creating Credibility Pieces
34:24 Finding Financing and Following Up
48:35 Bear-Based Defense Techniques

#biggerpockets #realestatepodcast #episode654 #podcast


Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/you-wont-believe-what-the-fed-just-said