Tag Archives: private money

REI 011 » The BIG Problem With Finding Private Money Investors Pt 2

NOTE: This complete episode can be found at reiology.com In this episode we’ll continue unraveling the biggest problems you’ll likely encounter when finding private money investors for your real estate deals. (Side Note: This is part 2 of my candid conversation with my good buddy and personal PM sherpa Patrick Riddle. You caught part 1 already, right? If not, what the heck are ya thinking, man?!?! Go expand your mind on part 1 first…) Now you may recall last time we discussed how the process most folks use when trying to get private money is sorely broken, so it’s no wonder so many of us are frustrated by getting “no” after “no”. We also discussed how to fix these problems, how to posture yourself to win, and what you should and should not say to potential PM folks. We also cracked open Patrick’s “Diagnosis Technique” and a proven, 3-step process for seducing private lenders that actually works in the real world. Awesome stuff for anyone looking to hone your private money getting skillz. So in Part 2 We’ll Discuss – Fear Slaying: The 3 biggest private money fears that are holding most people hostage, and how to slay them for good – Obstacle Busting: How to easily handle the most common objections you’ll encounter from potential private money lenders – Staying Power: How to keep them from backing out once they’re on your team – Shearing Sheepishness: Overcoming that uneasy “I don’t know enough yet to be worth you money, and I’m afraid you’re gonna find me out” feeling

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