Raising Millions in Private Money – 2 Exercises to Find the Money to Invest in Real Estate

Raising Millions in Private Money – 2 Exercises to Find the Money to Invest in Real Estate

Imagine buying a great property without your own cash, financing it with someone else’s money, taking out up to 60% of your profits in cash on the day of purchase, collecting more cash when occupied, and then enjoying a predictable and reliable positive result. . cash flow each month. Now imagine this…every month! That’s what you can do when you use advanced strategies to raise millions in private money to invest in real estate.

The most important factor when you’re considering starting to raise millions in private money to invest in real estate is to start right and start right now, in that order. No one can MAKE you start raising millions in private money to invest in real estate, but at least I can help you put together the plan to get off to a good start by helping you find the money and time you already have right now to find it in .

If you’re looking to start raising millions in private money to finance your real estate investment, you need to make sure you find the money and time to get it right.

Print off this article and honestly complete the 2 exercises for yourself, and you’ll be well on your way to doing just that!

First, you want to find the money.

Let us help you take stock of your existing financial resources. The answers to these questions will determine exactly what type of real estate investment you want to make.

Don’t worry, whether you’re a billionaire or middle class, or even a jobless bum, there are ways to build wealth in real estate, raising millions in private money to use for your investments. But before we get to that… Just answer these questions for yourself and you’ll be well on your way to determining the best way to finance your plan.

This first exercise will help you determine what kind of money you have available to invest in real estate. Where will the money needed for the down payment come from? What kind of financing can you get?

You may even become aware of one or two sources of cash you can tap into that you may not have thought of using (these will be in addition to the strategies I’ll cover for raising millions in PRIVATE MONEY from other people)

1. Personal checking account $__________________
2. Personal Savings Account $__________________
3. Pension/401k Fund (withdraw) $__________________
4. IRA/Roths (withdraw/borrow) $__________________
5. Stocks/bonds/mutual funds (sale) $__________________
6. Credit card total (cash advance) $__________________
7. Home Equity Lines of Credit $__________________
8. Friends and family (who has money?) $__________________
9. Accumulated cash insurance policy $__________________
10. Other sources to raise capital $__________________

That is your money and you should use it in addition to or before worrying about raising private money.

Raising private money comes down to building relationships with people who have money. And that takes TIME and trust! I can’t teach you how to build trust in a 1000 word article. But I CAN help you find more time to do these things so you can start your plan to raise millions in private money for your real estate investment business.

So second, you want to find the time.

We are going to help you take stock of your current time usage. The answers to these questions will determine exactly what types of real estate investments you want to make and what things you must “give up” to implement your plan to raise millions in private investment money.

Don’t worry, whether you’re a busy entrepreneur or regular worker, have a family, or just have a lot of time commitments, there are ways to build wealth in real estate.

Simply answer these questions yourself and you’ll be well on your way to finding the time you need for your plan to start investing in real estate now.

This second exercise will help you determine where your time is going each week—in some cases, time spent on things you could possibly do without—and help you find time you could probably be using to learn about and invest in real estate.

You may even realize in a way or two that you spend more time than you thought, just by being honest here!

1. Watch TV #hrs/wk: ______________________
2. Surfing the web (for no purpose) #hrs/wk: ______________________
3. Reading “fluff” (no educational value) #hrs/wk: ______________________
4. Sleep more than 7 hours/night #hrs/week: ______________________
5. Working (main job/business) # hours/week: ______________________
6. Working (second job/profession) # hours/week: ______________________
7. Housework (cooking, laundry, etc.) # hours/week: ______________________
8. Shopping for fun # hours/week: ______________________
9. Pursuing hobbies (without investing) # hours/week: ______________________
10. Chatting on the phone/Internet # hours/week: ______________________

If you have completed these simple exercises, congratulations!

Time and money may be the most desired things in the world, but few people take stock of what they already have (even those who want more, like people who want to raise millions of dollars so they can invest in more assets). estate).

Whether you’ve found more money than you thought you had, or more time than you thought you could use investing and learning about investing, you’ve already discovered something powerful about yourself.

You are a person who goes after what he wants.

Now that you’ve taken stock of your existing financial resources and your existing time usage, you’re ready to start raising millions in private money for your real estate investment.

You’ll also need to (if you’re not already investing) figure out now exactly what types of real estate investments you want to make, what techniques you want to use, where and how you want to invest, and what kinds of investments excite you the most.

Trust me. If you’ve found the time and money you already have…you’re already halfway to starting raising millions in private money for your real estate investment.

Ready for the next step?

It’s about showing others how to do the exercise you just did (DID the exercise, right?) to “find their own money” and then GIVE THEM A REASON to give you that money to invest.

I have many other articles on how to do just that, and one you should read is called “How to Find Private Investor Partners and Lenders for Your Real Estate Investment.” You can search for that phrase right here on the site or through your favorite search engine. Find that article and read it below to learn the mechanics of FINDING and building RELATIONSHIPS with people who can help you in your quest to raise millions in private money for your real estate investment.

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