2009: A Year in the Life of MustKnowInvesting.com

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Wow! It sure is amazing how time flies, isn’t it?

Sooooo much has happened in only a year …

2009 Kicked off with the Creative Real Estate Solutions in Today’s Market Video Series, then MustKnowInvesting.com turned 1, Trevor Mauch and I launched our Private Money Blueprint System (Holy Cow! What an Undertaking!), the Battle of the REI Blogs, and MUCH MORE.

Thank goodness I decided to get my butt out of bed this past weekend and go to church. That’s where I got the idea to do this post because they put together a “year in review” video with all the highlights of 2009. So, I thought it would be really cool to do a post called …

A Year in the Life of MustKnowInvesting.com

Let’s just jump right in … here we go …

The “Creative Real Estate Solutions in Today’s Market” Video Series

We kicked off the year in January with the Creative Real Estate Solutions in Today’s Market video series (over 2 1/2 hours of solid content). It was a 5 part in depth video series on wholesaling, private money, subject tos, owner financing, and much more. And at the end of the series, we took on a very limited number of students in our mentoring program.

One of those students, Justin Wilmot, a twenty somthin’ self proclaimed surfer dude from Florida, had quite the year; he closed his first wholesale deal, locked up a million dollar credit line through a private money lender, and closed his first rehab deal. To say Justin’s life will never be the same would be quite the understatement.

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Tags: creative real estate investing, creative real estate investing blog, creative real estate video series, david oswald, dusty keefe, Jamel Gibbs, jp moses, mustknowinvesting.com, patrick riddle, Private Money, Private Money Blueprint, real estate investing, real estate investing blog, shae bynes, stephani davis, trevor mauch
Posted in Business Management Systems and Tools, Cool Stuff, Marketing, Negotiating, Personal Development, Property Management, Real Estate Investment Buying Strategies, Real Estate Investment Financing Strategies, Real Estate Investment Selling Strategies, Renovations, Tips and Tricks | 8 Comments »

How to Turn Wannabe Real Estate Investors Into Private Money Lenders

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Have you been to your local REIA (real estate investment association) meeting before? If so, how many of those people do you think are actually investing?

I’ve found that typically, the room is split 70/30 …

70 percent (and sometimes even as high as 80% or more ) are wannabe real estate investors … they’ve never done a deal and probably never will … and ONLY …

30 percent are active investors …

What is it that you, an active or soon to be active real estate investor, could offer to these wannabe investors?

If you said, “An easy hands-off real estate investing opportunity … an opportunity where you don’t have to deal with contractors, the headaches of property management, leaky roofs, clogged toilets, the hassles that can come with home ownership … and all you have to do is stroke a check …”

… then you understand what I’m talking about!!

You see … wannabe real estate investors are perfect prospects for private money. They’re already sold on real estate investing, they’re already seeking a way to make money in real estate … all you have to do is show them how they can become a real estate investor by simply lending you money.

Here’s a question we recently got from one of our Private Money Blueprint students on the subject …

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Tags: creative real estate investing, patrick riddle, private lending, Private Money, private money blue print, Private Money Blueprint, private money lending, private money videos, real estate investing
Posted in Real Estate Investment Financing Strategies, Tips and Tricks | 3 Comments »

From Spinning His Wheels to Closing Big Deals: How Private Money Made it All Happen

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Just a few months ago, Tim Ryan was … in his own words … “spinning his wheels” trying to qualify to buy a single family house. He thought that was all he could afford.

Tim heard about a contest that Trevor Mauch and I were having when we launched our Private Money Blueprint system and submitted his entry. Tim was one of the lucky students picked (he had ZERO private money getting experience) and won a copy of our complete Private Money Blueprint system (w/ tools, scripts, action plans, templates, marketing, forms, etc.).

Check out the email below that Tim just sent us updating Trevor and I on his progress.  This is exactly why I love teaching!

Now, if that isn’t motivating … I don’t know what is!
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Tags: borrow private money, Private Money, Private Money Blueprint, private money lending, private money to borrow, real estate investment financing, tim ryan, trevor mauch
Posted in Real Estate Investment Financing Strategies | No Comments »

How to Become a CIA: (Part 4) 37 Must Know Tips to Getting Private Money Easily

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Welcome … to Part 4 of the “How to Become a CIA” creative real estate investing series … 37 Must Know Tips to Getting Private Money Easily …

(if you’re new to the series, you may want to start with the introduction)

This week, I’m gonna teach you how to easily get private money for your real estate deals.

Maybe you’re not sure if private money is really right for you … if that’s the case, answer the following questions …

“Have you ever lost an incredible deal because you didn’t have cash to close it?”

“Are you scared to even make an offer for fear that it will get accepted?”

“Want to do short sales or REOs … but don’t have the financing lined up to do so?”

“Do you agree that now is the time to buy but have no means to close deals today?”

If you can relate to any of the above problems, private money just may be the solution you’ve been looking for. Before we get to the meat of today’s lesson though … the 37 must know tips to getting private money easily … let’s make sure we’re all on the same page …

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Tags: creative real estate investing, Financing, private lending, Private Money, Private Money Blueprint, private money for real estate, private money lenders, private money lending, real estate investing, real estate investment financing
Posted in Business Management Systems and Tools, Real Estate Investment Financing Strategies, Tips and Tricks | 2 Comments »

How to Squash this Common Private Money Getting Objection

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(this is an article/video that I put together for our Private Money Blueprint students … I decided to share this with ya’ll since we covered private money in Part 4 of the “How to Become a CIA” creative real estate investing series … enjoy!)

When getting started with private money, what if one of your private money prospects asks you …

“Have you done this with other lenders? If so, could you give me a few names that I could contact?”

How would you respond to that? What would you say?

If you’re like most, you’d probably end up looking a lot like this monkey … fumble on your words … stutter a little bit … and leave your prospect with a not-so-good feeling about you and your investment program …

BUT, have no fear … Patrick’s Here!

… lol … ok, maybe that was a little much … but really …
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Tags: creative real estate investing, patrick riddle, Private Lender, private lending, Private Money, Private Money Blueprint, private money lending, real estate investing
Posted in Negotiating | 6 Comments »