Finding SDIRA investors for note deals is like chasing ghosts

[Gordon F.]

So where are all of these self-directed IRA investors that supposedly want to fund note deals? Over the last three to four months, I've attended just about every REI event and meet-up under the sun in my city (yes, including the Quest events), even traveling to attend some meet-ups and events in a few other cities, and all of them have been a dead end. If 100 people show up to these things, 1 guy will actually be an account holder with money, while the other 99 people are all looking for money. And that right there is how they've all played out. The "just attend an REI event and get to know people answer" is bunk here. I've exhausted that avenue, and it's a mostly dry well.

I have enough cash to comfortably fund one deal, but not five or six, which is what I hear you need to get started. My family and most people in my network have less money than I do, so asking them obviously isn’t going to work, either.

I keep seeing people say, “Oh, I just closed 10 note deals using investors in the last week,” and I’m like WTF, how...

What's the real answer as to where everyone is finding these SDIRA investors, because REI events and six degrees in your network clearly aren't going to cut it?