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All Forum Posts by: Camille Johnson

Camille Johnson has started 2 posts and replied 21 times.

Post: Obtaining Private Money From Actual Private Lenders?!?!

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@Jay Hinrichs This is exactly my fear. Losing literally hundreds of thousands of dollars simply because I can’t find the money in time. Do you know of or recommend any capital groups that would be good for me to talk to?

Post: Obtaining Private Money From Actual Private Lenders?!?!

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@Nicole Heasley Thanks so much! I have a list of REIA meetings around my area and am planning on attending those. And looking for more today that I can go to.

Post: Obtaining Private Money From Actual Private Lenders?!?!

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@Jay Hinrichs - I should mention that my background is in account management/outside sales in corporate America. I worked in such industries as hotels, pharmaceutical and biotech, then most recently building supply. I thrive at sales/building relationships. Additionally, I love marketing strategy. So building a relationship with homeowners to acquire the property is where I thrive. Then we have the labor - Marcus to manage the crews/jobsites. We don’t depend on anyone else for that. We have a dedicated real estate attorney, etc. I don’t know anything about a capital partnership, however I would be completely open to getting funded and paying more to have access to funds and start locking these deals down and getting it done. I just want to be with someone/or a group who can look at what we have done for the big picture it is and can be. It’s hard because even here when I signed up - we have a construction company, we acquire the properties directly and we rehab them. What do I select for my “category” lol. I will say, this conversation has been the best motivation I’ve had in a while.

Post: Obtaining Private Money From Actual Private Lenders?!?!

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@Jeff S. I am sorry! Just reread and you sent a list! Thanks again. I just sent your post to my husband:)

He’s at a jobsite...

Post: Obtaining Private Money From Actual Private Lenders?!?!

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@Jeff S. I could hug you for the supportive response right now! You literally nailed what is happening to me every single day. When we started in this industry, we brought our combined talent. His of running an office staff and books and mine of sales and marketing. We have the properties - literally right now I have 12 properties in the Chicago and Milwaukee area. These are in suburbs/good schools

We have the crews in house to do all the work but I have never “networked for cash” - All I want is to make passive income for people and we are an honest couple who have worked very hard to get a process driven system in place.

I will definitely check out the meetup groups. If you know of any in particular, please let me know! Or if you know anyone in this area. Thanks so much again @Jeff S.

Post: Chicago West Suburban Real Estate Investors

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@John Warren

When is the next meeting in August? I’d love to go and connect...

Post: To lend or not to lend that is the question

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@Alisha Davis

Good luck and take care! :)

Post: To lend or not to lend that is the question

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@Roman M. - I am such an advocate for private lending!

We started a renovation company in 2017 and then a real estate investment group in 2018. I have a background in sales/marketing so we have a honed marketing system to purchase properties directly from homeowners at a fraction of the cost. We use our crews to do the work and make great returns.

The problem has always been finding cash! We offer our private money lenders 12-14%, keep funds in escrow and have a solid track record of success.

There’s no other place an individual can earn passively that kind of money so fast (and my company certainly isn’t the only real estate investing group around).

Our company is in Chicagoland and have had to use private lenders from across the country because there it’s hard to get the word out. Definitely become a lender. Just vet the deal. It’s all about the deal.

Post: To lend or not to lend that is the question

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@Alisha Davis - I am actually passionate about educating on private lending. It is an excellent opportunity to earn money passively! As long as you vet the deal you can be reinvesting your money again quickly in deal after deal.

My husband and I have a company in the north suburbs of Chicago and we have an in-house renovation company along with our real estate investing group. We buy properties directly from distressed homeowners and pay cash. We get the cash from private lenders lenders and pay them 12-14% interest.

We have software that shows all renovations needed and profits to our investors before it is purchased. There are so many safeguards in place to protect our lenders. Like working with a dedicated real estate attorney and keeping all funds in escrow. I’m telling you this only to try and reduce your fears. There are people who know what they are doing all over the country flipping houses and need cash.

You absolutely don’t need a private lending license either. Hope that helps! :)

Post: Giving my personal info to unknown private lender

Camille JohnsonPosted
  • Flipper/Rehabber
  • Lindenhurst, IL
  • Posts 21
  • Votes 6

@Darold Taylor

Where did you meet this private lender? Have they asked about the deal and your background doing investments?