How to Attract $5 Million of Private Money in One Year - Part Two

Jay Conner

Jan 30 2019

Andrew and Aaron Schlag have been in real estate investments for the last 4 or 5 years. They left construction to go into real estate investing.

They have raised $6 million in Private money since taking Jay Conner's 'How to Find the Money' seminar. Most of their lenders are looking for a good return, but is safe and secure.

They pay 8-10% annually on their private money. The average 12 month CoD is 0.8%.

Their goal for 2019 is to raise $15 million.

The funding will go to multiple commercial projects. They do a lot of rehabs in single homes. They are working on self-storage deals.

Annually they average 50-60 single family deals. They wholesale about 10% of the homes. Andrew talks about the difference between wholesaling and rehabbing.

Average Retail $150K home
Average Rehab

They buy a lot of tax sales.

How do they find the deals?

Lots of Facebook ads and online ads. In Indiana, they find a lot of tax sales. Word of mouth as people have heard of them and what they do. Bandit signs are very effective.

They live in an area of half a million people.

Tax Sales

They discuss the importance of a good lawyer and a good realtor.

Advice:

Always work hard. Push through the 'No's.
Get on the phone. Always follow your system.

Their Biggest Mistake:

Be careful who your partners are.

The Schlag Bros

Twitter: @theschlagbros

Instagram: theschlagbros

If you are interesting in getting high rates on your investments contact them at [email protected]

812-303-8209

Register for the Real Estate Cashflow Conference:

http://bit.ly/jaymoneypodcast

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 $64,000 per deal.

What is Real Estate Investing? Live Cashflow Conference

https://youtu.be/QyeBbDOF4wo

The Conner Marketing Group Inc.
P.O. Box 1276, Morehead City, NC USA 28557

P 252-808-2927
F 252-240-2504

Channel

https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w

https://www.youtube.com/c/RealEstateInvestingWithJayConner

RSS Feed

http://realestateinvestingdeals.mypodcastworld.com/rss2.xml

Google Play

https://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47y

iTunes:

https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034

Watch on ROKU:

https://my.roku.com/add/realestateinvesting

Watch on Amazon Prime:

https://www.amazon.com/How-Locate-Real-Estate-Deals/dp/B07M9WNZR6/ref=sr_1_3