How can private lending transform your real estate investments and what are the insider strategies to maximize profits in this domain?

In this insightful episode, Jay Conner, an experienced real estate investor, delves into the intricacies of property rehab and the advantages of using private lending. Joined by Angel Williams, they discuss the nuances of navigating real estate laws, the importance of detailed cost assessments, and strategies for maximizing returns. The conversation also touches on the significance of professional relationships and the impact of state-specific real estate regulations. This episode is a treasure trove of tips for both novice and seasoned real estate investors.

 

Jay Conner, an accomplished real estate investor since 2003, has impressively rehabbed over 475 houses in a small community, averaging $78,000 profit per deal, totaling over $118 Million in transactions. Having automated his seven-figure annual business to require less than 10 hours of work weekly, Jay's expertise extends to teaching others about raising private money without direct solicitation. Notably, he raised over $2 million in private funds in just 90 days during the 2009 financial crisis. Jay, a national speaker and two-time bestselling author, is also a commercial developer and former president of Business Networking International. He resides in Morehead City, NC, with his wife, Carol Joy.

[00:00:00 - 00:05:59]Rehabbing Real Estate: Strategies and Pitfalls 

 

• Importance of choosing the right contractors and comparing multiple bids.

• Understanding state-specific laws for rehabbing.

• Balancing the cost and quality of rehabs.

 

[00:06:00 - 00:11:59] Exploring Private Lending in Real Estate 

 

• Benefits of private lending over traditional banking.

• Strategies to cultivate relationships with private lenders.

• Leveraging private lending for higher investment returns.

 

[00:12:00 - 00:17:59] Navigating Legal Complexities in Real Estate

 

• Importance of being aware of state-specific real estate laws.

• The role of legal advice in navigating real estate investments.

• Strategies for legal compliance in various types of real estate transactions.

 

[00:18:00 - 00:23:59] Maximizing Profits Through Smart Investing 

• Techniques for accurate cost estimation and profit maximization.

• The importance of due diligence in property selection.

• Balancing risk and reward in real estate investments.

 

Quote: 

"You cannot expect that which you do not inspect." - Jay Conner

 

“You are not in business as a real estate investor until you've got a relationship with a real estate attorney” - Jay Conner

 

Connect with Jay:

Website: www.JayConner.com

LinkedIn: www.linkedin.com/company/jay-conner-private-money-authority-real-estate-investing/

Facebook: https://www.facebook.com/jay.conner.marketing

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