How to Not Blow Up a Private Money Deal
Wednesday, January 27
When you are raising capital for a real estate investment project, it's easy to get caught up on what you should do in order to secure the money. If you focus on core principles and take action, you're half-way to the goal line. However, I have found it at least as (if not more) helpful to know s...
Why 10% is the Magic Number for Private Money Investment
Tuesday, January 26
It seems just about every time a real estate investor talks about offering a return on private money investment, 10% is the starting point. Upon closer examination, 10% seems to be some kind of unspoken benchmark for investments of all kinds. "Can I get at least 10% per year on this?" is a questi...
Tax Impacts of Private Money Investment
Monday, January 25
As tax time draws closer, it's time to spend some time discussing the impact that private money has on yours and your private investors income tax returns. It's no secret that if you're making money flipping houses or buying apartment buildings that Uncle Sam is going to take a bite out of it. T...
The Right Way to Use the Internet for Getting Private Money
Sunday, January 24
There is a right way and a wrong way to use any marketing medium. There's a right way and a wrong way to use the Yellow Pages, newspaper ads and direct mail pieces. When marketing your private money opportunity, you must take care to use the most powerful marketing media available to small busine...
A Hidden Source of Private Money
Sunday, January 24
Raising private money should be a focus in your business. Once you've made the decision to bring private investors in to finance your deals, your focus must shift to attracting people to your opportunity. The typical route taken at this point is a slow, steady beat of the "get secured returns at ...
Holding or Flipping: Which is Best for Private Money?
Saturday, January 23
There's a source of some debate about whether private money is better suited for a 'buy and hold' approach or a 'flipping' strategy for real estate investing. Real estate investors correctly point out that their private investors will want to exit (or the availability of exit) from their investme...