Jay Conner’s Methodologies for Utilizing Self-Directed IRAs
Jay Conner’s Methodologies for Utilizing Self-Directed IRAs
Welcome to another exciting episode of the Raising Private Money podcast! Today, Jay Conner joins Dan Deppen known as the Private Money Authority, joins hosts Jay Conner and Dan Deppen on his Note Investor podcast to dive deep into the world of private money investment and self-directed IRAs.
Throughout this episode, Jay shares his unique approach to raising private funds for real estate ventures without the traditional bank hassles and without directly asking for money. He elaborates on how he employs educational strategies and trust-building to secure substantial investments, having raised an impressive $8.5 million from 47 private lenders.
Listeners will gain insights into the flexibility and benefits of self-directed IRAs, the importance of having funding lined up before seeking deals, and the pivotal role of mindset shifts in successful investing. Stay tuned as they explore these strategies and much more!
Timestamps:
00:01 Mindset shift is essential for real estate.
06:15 Program consistency and communication drive investment success.
08:44 House funding deal with $150K by Tuesday.
13:17 Get the money first
17:14 Self-directed IRA companies are IRS-approved custodians.
18:47 Invest IRA gains tax-free/ deferred until retirement.
21:47 Referrals build trust, attracting more private lenders.
25:28 Substitution of collateral maintains lender’s note security.
28:53 Learn to raise private money with fun.
Private Money Academy Conference:
https://www.JaysLiveEvent.com
Jay Conner’s Money Guide:
https://www.jayconner.com/MoneyReport
Free Trial! Join the Private Money Academy:
https://www.jayconner.com/four-week-free-trial-v2-0/
Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at
https://www.JayConner.com/Book
What is Private Money? Real Estate Investing with Jay Conner:
https://www.JayConner.com/MoneyPodcast
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference:
https://youtu.be/QyeBbDOF4wo