Are you set for the holidays? Cheryl and I are about 3/4 done with our Christmas shopping, how about you?
I am not a procrastinator so I prefer to just get it done!
As part of the Holiday Celebration, I have arranged with Amazon to GIVE AWAY both my books [Starting tomorrow] on
Kindle for FREE this week on Tuesday, Wednesday and Thursday. Here are the links so you can get
my Gift to you.
Investing Now – All about Fixing and Flipping Houses, here is the link to the Kindle version. It is also available in paperback, but Kindle is FREE this week on tuesday, Wednesday, Thursday for you
Cash Flow Now – All about the different income streams you can obtain with real estate. They break down into transactional (wholesaling, rehabbing) and residual (Rentals, Being the Bank, etc).
Here is the Kindle link for you:
Please do me one Favor – Leave me a Review! That helps me big time and I greatly appreciate them!
Private Lending Question of the day from a reader Carl Randal… thanks for asking!
I want to be a Real Estate Catalyst and Joint Venture with an
individual that has a Self Directed IRA. How do I link up with someone
like this? Is there a link up site or organization that you can point me
to? I don’t know anyone personally that has a Self Directed IRA.
This is a pretty common question as investors realize that using banks is not the answer for investing in real estate.
I think the first key is that you should not feel the need to sell, pitch and crank up tons of marketing to find private lenders.
The fact is that people who have quite a lot of money are tired of losing it in the stock market and they realize that if the work to
preserve their capital in a bank CD they will earn a lot less then the inflation rate so they are essentially losing there too.
The number one way to find your private lenders is to simply educate people on what you do. Maybe you need a great credibility kit,
maybe you need a coach to help you along the way or maybe you can invest in yourself to the point you understand how to connect
all the pieces. As you gain success you will find that you simply ATTRACT the private capital that you are looking for.
Think of Self-Directed IRA
for a minute. They are simply the best kept secret in America. Only 2% of retirement accounts are self-directed.
That leaves a 98% opportunity to educate people on what they are, how to roll them from a 401k and invest with you as the real estate catalyst. Who do you know that has lost a corporate job and may have a 401k that could be rolled over to a self-directed IRA and become your private lender and would love to earn between 6% – 15% working with you?
I would encourage you to make a list of at least 10 people. This list can includes Aunts, Uncles, Brothers and Sisters along with colleagues and
co-workers, maybe people you know from BNI or the local Rotary as well. Become intentional and invite each of them individually out for lunch or
coffee so you can share you good news with them.
People are searching hard for the alternative investment and most can not invest in real estate without YOU!
Let me know your questions, concerns, speed bumps and hurdles and I will be happy to assist. Email me at firstname.lastname@example.org or
email@example.com OR just post to my wall in face book
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