Private money can fund your road to riches

If I was to tell you that right this minute, across America, there are wealthy individuals willing to open up their check books and give you enough money to make you a millionaire you would think I was crazy and you would be right. This is not going to happen, or rather, it is not going to happen exactly the way you think.

Right now across America there are hundreds and maybe even thousands of individuals who are willing to open their check books and help you fund complex real estate deals from which you will make a substantial amount of money without needing to put up any cash yourself.

That’s right! Private money is one of the easiest ways of raising the cash you need for real estate projects. These men and women who are willing and able to make you wealthy are easier to come by than you think and all you need to be able to do is demonstrate that you have the ability and know-how to put together real estate deals that will benefit them and make them money, for a price, of course.

The real estate market is always in a constant state of flux which is full of money-making opportunities. The thing to remember is that it is easier to make money when things are going great because then anyone can make money and it takes a real expert to make money when the going is tough (which should also give you a hint about your own money-making potential which should increase in tough times).

As a real estate expert with a proven track record and a reputation for putting together lucrative money-making deals for syndicates which make money for all the investors who have put money in, I often find myself in the position of having more offers of real estate investors than I sometimes can get deals for.

I have a policy of never turning anyone away and during market downturns I simply add them on my list of real estate investors to contact the moment a good deal appears in the horizon. That way I am constantly able to take advantage of opportunities as they arise and make money through the money put up by others.

In return I close deals which work on high profit margins which means that all the real estate investors who have trusted me with their money also get to make a lot of money and this is the best way to ensure my reputation spreads and I am never short of people willing to offer me money to close deals.

David Lindahl, also known as the “Apartment King” has been successfully investing in single-family homes and apartments for the last eight years. He is the author of four popular, money making home study courses “Apartment House Riches”, “How To Estimate And Renovate House For Huge Profits” “Managing For Maximum Profits” and “The Real Estate Investors Marketing Tool Kit”. He can be reached at dave@real-estate-fortune.com and www.rementor.com.

Raising private money for real estate deals

 

The moment you realise you need to raise a large amount of money in order to close a real estate deal you also begin to realise the complexity of the deal itself. I have, over the years, bought houses and apartments, built a portfolio of more than 4,000 apartments and managed to reach my financial goal of being wealthy and independent. As a result I am in a position where I can make a few phonecalls and get together the kind of syndicate that can provide the money I need in order to close a megadeal. At other times I am approached directly by people who have money to invest and they get put on my list so they are the first ones I will get in touch with the moment an opportunity comes across my radar.

 

It has not always been that way. Starting out my career in real estate investing I struggled just like most people do to get money together to close deals. As a result I learnt the hard way the criteria I need to be able to assess in order to put an effective real estate finance deal together with no money of my own and still walk away with a pay check at the end of the day.

 

In a concerted, targeted and, over the years, methodical way I developed a methodology that allows me in each real estate financing deal that comes up to:

 

• Contrast and compare the differences between private lenders and conventional lenders (and yes I use both types and make a choice between which is best)
• Identify the steps needed to create value in real estate developments
• Analyze creative, non-conventional, financing alternatives
• Identify and detail strategies to attract investors and establish credibility (and although these days this is an activity I need to engage in less and less there are still those times when I need to promote who I am and what I can do)
• Identify the documents needed to initiate, manage and close a deal (and here you really need to be diligent and hard working)
• Analyze financial statements and Return-on-Investment (ROI) spreadsheets

 

It is only by using this way of working that I manage to put together complicated deals, with no upfront money of my own and walk away with five and six figure checks in my pocket.

 

The point is that it’s not rocket science. Almost anyone can learn to do this. It requires dedication, some discipline and a certain amount of hard work. Be prepared to do all this, however, apply some ground rules and learn how this type of deal works and you should be able to raise private money for real estate deals every time.

 

 

 

David Lindahl, also known as the “Apartment King” has been successfully investing in single-family homes and apartments for the last eight years. He is the author of four popular, money making home study courses “Apartment House Riches”, “How To Estimate And Renovate House For Huge Profits” “Managing For Maximum Profits” and “The Real Estate Investors Marketing Tool Kit”. He can be reached at dave@real-estate-fortune.com and www.rementor.com.

Pooling Private Money
by Alan Cowgill
When you pool money from private lenders, you’re putting funds together from two or more different private lenders.

You obviously need to look at doing something different where your state’s paperwork is concerned. This means you will need to file paperwork with your state and provide a disclosure document to your potential private lenders.

In Ohio, for example, we have what is known as 6(A)1 filing. This filing allow for pooling private lenders’ money in running your real-estate investment business.

This filing also allows advertising and unlimited private lenders.

Remember, securities laws and regulations vary from state to state and the Federal SEC has its own set of laws and regulations.

Pooling money occurs when you combine funds from two or more different private lenders.

You should use or form a new business entity. You should choose a corporation (which could be an S-corporation) or an LLC. Some states have different filings available depending upon whether you have a corporation or an LLC, and LLC’s are sometimes treated as partnerships. Most states won’t allow you to pool money when you’re operating as a sole proprietorship or DBA.

You cannot use your state’s exemption for real-estate transactions, similar to Ohio’s 3(H) exemption, when you pool lenders together. You can not use this particular exemption because there is no paperwork involved. In Ohio, you must “upgrade” to the 6(A)1 form, which allows pooling. All states have similar paperwork levels.

You should use one of your state’s filings that allow for pooling money. As an example, Ohio has a number of these filings available, such as a 6(A)1.

These filings require you to fill out paperwork, informing the state regulator about your business and what you’re doing. It usually requires you to disclose information to your potential private lenders, which is for your benefit as well as your private lenders’ benefit.

You’ll pay a fee to your state regulator when you file your paperwork.

One of the things I’ve taught my students and continue to stress is that you shouldn’t be pooling money from private lenders unless you make sure you’re in compliance.
In order to be in compliance with your home state’s securities laws, you’ll need to find the proper exemption, filing or registration option and comply with its requirements.

The following is some general information on staying in compliance with your state’s requirements.

When you use an exemption to bring in private lenders, you are making an offer and sale of a security. It’s important to understand that an offer to sell is usually treated the same as a sale when it comes to securities compliance.

Two key concepts to understand when you sell securities are that there are exempt securities and there are exempt transactions. Whether you’re selling stock, equities, borrowing money, or debt, these are treated as securities. An exempt security usually means a security issued by a governmental agency or authority.

An exempt transaction refers to the sale of a security not issued by a government agency that has been given an exemption under state law (or federal law) because of the nature of the security and how it’s sold.

Many of my students are basing their compliance on the exemptions in their states that are similar to the one in Ohio found under 3(H):

Ohio Revised Code, Chapter XVII, Title 1707.03(H) The sale of notes, bonds, or other evidences of indebtedness that are secured by a mortgage lien upon real estate, leasehold estate other than oil, gas, or mining leasehold, or tangible personal property, or which evidence of indebtedness is due under or based upon a conditional-sale contract, if all such notes, bonds, or other evidences of indebtedness are sold to a single purchaser at a single sale, is exempt.

Remember, these are still securities, and the sale of these securities can be exempt under securities laws in Ohio. Compliance with the offer and sale of these securities is still required.

Some states may offer you more than one choice, so you’ll want to evaluate those choices.

Alan Cowgill is the owner of Colby Properties, LLC. and President of Integrity Home Buyers, Inc. Alan is a full-time Real Estate Investor, investing in single family and small multi-family properties in Springfield, Ohio.

Since 1995, Alan has bought and sold over 200 investment properties. Alan uses Private Lenders, not banks; to fund his real estate purchases. By doing this, he has created his own private bank of $2,000,000 in funds. Alan looks for “Win – Win” situations, where the seller, the lender, and the eventual homeowner can all “Win”. He is not a Realtor, but a Private Investor.

Alan has served as an elected official to the Board of Directors for the Clark County Property Management Association. He is an author, consultant and national speaker. He has been asked to speak on the topics of “Investing for the Beginning Investor.” and “Finding Private Lenders.” His home study system, “Private Lending Made Easy”, shows new and seasoned real estate investors how to find private lenders for their own real estate business.

In addition, Alan:
• Holds a BS Degree in Business Management.
• Has over a quarter century experience in Business Management.
• Is a published author not only for Real Estate but also in American Industry.
• Featured in the Business Section of the Springfield News-Sun newspaper in May, 2001. Article on real estate investing in Springfield, Ohio.
• Adjunct Professor for 5 years at Clark State University.
• Acknowledged in the book “e-Mail Basics” ISBN #0-9676313-1-9.
• Speaking Engagements include: Yovel, England; Dallas, Texas; Fort Collins, Colorado; Atlanta, Ga.; Jacksonville, Florida; Cashiers, SC.; Las Vegas, Nevada and Springfield, Ohio.
• Business trainer and consultant.
• Member of the Springfield Chamber of Commerce and Better Business Bureau.
• Appeared on a twenty-eight minute real estate infomercial that is shown nationwide.

And best of all, Alan Cowgill is married and the father of three children.

Real Estate Investors:  Creating Flyers to Attract Private Lenders

 

Distributing flyers in your community is another marketing strategy for finding private lenders who are interested in investing in your real estate deal.  Post flyers at senior centers and areas where high net worth people attend and traffic.

 

Again, you need to word the content in the flyer as an educational seminar or as an offer to receive free information related to your real estate services.  It is important that you remember this to keep yourself out of trouble with the Securities and Exchange Commission (SEC).

 

Create an Effective Flyer Title

 

The manner in which the title is worded on your flyer is vital to the types of responses you will get.  The more targeted the title is to the audience you are trying to attract, the more successful you will be in attracting highly qualified people that will be interested in working with you.

 

Generic vs. Precise:  If the title of the flyer is very generic, you will get a general audience of untargeted people who may not be interested in what you have to offer.  A precisely written title will attract the right prospects that are

specifically looking for the service that your flyer is advertising.

 

For example, don’t just put “Real Estate Seminar” in the title because this is a very broad term.  What about the real estate seminar?  Why do you want people to attend?  What are the benefits?  What are your attendees going to get out of it?

 

Focus on what it is going to offer to your prospect and be specific.  Do not go into agonizing details that are going to make your reader’s eyes glaze over.  Provide the reader with just enough information to peak their curiosity so they will attend your seminar.

 

Organize the Format:  Organize the format of the flyer so it looks professional.  You can do this by having it professionally printed or create it yourself in a simple computer program such as Microsoft Publisher or Print Shop.  Make certain it is easy to understand and easy to read and be sure everything is spelled correctly with correct use of grammar.

 

However you decide to create it, do not handwrite it because it will make you look like an amateur and then people will question whether or not you are knowledgeable and trustworthy.

 

Enhance with Graphics:  Include a picture somewhere on the flyer.  This could be a picture of yourself delivering other real estate seminars in front of an audience, a gathering where people are asking you questions, or something else related that will provide the reader with a visual image of the content that is being addressed on the flyer.

 

Prompt the Reader to Take Action:  Tell your reader what you want them to do after they read your flyer and provide your contact information, as well as the time and place of the event.  You can include an extra tidbit if they call you soon such as a free offer or something related.  You could also include a statement at the bottom of the flyer that refers to what they may lose out on by not attending your seminar.

 

 

About the Author:

 

I invite you to learn more about Private Lending and get my new FREE

20-page eBook titled “Discover the Secrets of How to Fund Your Real

Estate Deals with Private Lenders!” by clicking here

http://realestatewealthtoday.com/FREE-eBook.html . Mike Lautensack is

a full-time real estate entrepreneur and creator of the Private

Lending Presentation Kit. To learn more go to

http://realestatewealthtoday.com/Private-Lending-Presentatio

n-Kit.html .

Behind every great private real estate investor is an excellent network.  Networking is so important to the game of real estate investing that you’ll find yourself constantly networking with other contractors, investors, and potential homebuyers, simply because you’ll never know where your next sale will come from.

 

There are several ways you can network as a real estate investor.  You can set up a web site and a blog to bring in visitors from the internet, you can join a real estate investing club, or you can attend different real estate seminars, classes and programs.  There are just so many ways to network with other investors and potential buyers you’ll be surprised you didn’t think of them before.

 

Going online!

The internet is the newest wave in the real estate investing world.  You can sell property online faster than ever before and make hundreds, even thousands more contacts than you ever could going door-to-door.

 

Go online and set yourself up with a blog or a web site, start advertising that blog on social networking sites, in forums, and even in the comments section of other people’s blogs.  This will naturally draw in visitors and depending on the content you provide with your blog they may decide to stick around.  Eventually your blog should develop a regular reader base with people leaving comments on your blog posts and even contacting you if they’re interested in purchasing or selling property.  Be sure to record the information of all of your regular or interested visitors in your buyers list. 

 

Join a real estate investing club

Every private real estate investor had to learn the trade from somebody else.  Don’t be ashamed or afraid to join a club that focuses on real estate investing.  A club can help you put together tools, skills, and the knowledge necessary to begin your real estate investing career.

 

Check around your local area to see if there are any real estate investing clubs or generalized investing clubs.  Don’t just join; make sure you mingle at the club events. You can bet there are some serious and seasoned private real estate investors wandering around the room.

 

There’s no need to be hesitant about admitting you’re a beginner either. Everyone started out as a beginner. If you are honest, straightforward and eager about what you want to do as a real estate investor you are bound to make some contacts in the industry at these real estate investing clubs.

 

Keep in contact with your contractor!

Eventually, as a private real estate investor you’ll come in contact with contractors, whether you are rehabbing a property or wholesaling it. There are an innumerable number of different contractors to work on a property. You come in contact with electricians, carpenters, drywall guys, and even roofing experts amongst many more.

 

They make great potential clients.  It’s not uncommon for contractors to pick up a fixer upper property every now and then.  So, make sure you keep all of their names and numbers for your Rolodex.

 

It never hurts to ask them while they’re working for you if they do purchase property to rehab. Between this, your website, and joining a real estate investing club you’ll have dozens of contacts in the real estate industry in no time.

 

Other places to find contacts:

 

l  You can also include your friends and family in your contact list as a private real estate investor. You may even be able to get them to join together and form their own private real estate investing club with everyone chipping in a little bit of money for each real estate deal.

 

l  Every time someone contacts you through e-mail or on the phone about purchasing property or selling a property to you, be sure to get their name and number. They are the potential contact for your buyers list. Ask them what kinds of property they are interested in and how often they buy too.

 

l  You can also purchase a mailing list of people who have expressed an interest in real estate from companies that provide these documents. Other private real estate investors may also be willing to sell you their own buyers lists for a fee. All the more reason to join our real estate investing club for the contacts.

 

Using these ideas to build up your network as a private real estate investor is a sure fire way to bring in lots of potential buyers. Your buyers list will grow in leaps and bounds if you use at least a couple of these methods for developing those contacts.

 

Call to Action: Learn more ways to develop your network as a private real estate investor at Realestateinvestor.com. We have our own network of seasoned and new real estate investors for you to join and share ideas with for those big real estate deals.

 

 By Colin Egbert

How to make money in real estate using other people’s money

Smart real estate investors know that the best way to make money in the real estate investment market is to use other people’s money and trade their own expertise and negotiating skills for a slice of the profits.

As a real estate investor of many year’s experience and with a certain reputation for closing lucrative deals I am constantly being approached by groups of investors who want to break into the real estate market without risking huge chunks of their money and without having to go through the painful learning curve that’s often associated with investing in a market you know little about.

I am in the advantageous position of being able to wait until a good deal comes along and then choosing the group of investors I will work with. This, in essence, is what a syndicate real estate deal is. Rather than put up all the money, investors put in a percentage which will reflect their percentage of the profits, thus minimising their exposure in each single real estate deal.

The question is what do you do if you have not yet got a reputation but can still pull off a profitable real estate deal and do not want to risk your money? Well, this is where you need to be creative. The moment you have a deal you think you can close at a profit you need to move fast to get your syndicate together.

Potential real estate investors willing to put their money up can come from almost anywhere: friends, family, colleagues, people you work with, acquaintances, business angels and professional investors who earn their money by investing through syndicate deals. The list is almost endless and putting a syndicate together will depend on two things, first the kind of deal you think you can close, which will also determine the profit margin and the maximum number of people you will want to come in and second on how convincing you are in getting people to trust you with their money and give you a free hand so you can make it work for them.

If, right now, you are thinking that there is simply no way you can say anything to anyone to get them to trust you with a few hundred thousand dollars you can think again. Putting together a syndicate and fronting it is very much a case of cool judgement, steady nerves and the ability to negotiate carefully, pay attention to detail and find new ways to squeeze profit out of a real estate investment.

Good news travels fast and it usually takes no more than one successful deal to get you a reputation in which case you will find that then people trust you enough to want to come to you rather than you having to hunt for them and that is the hallmark of success.

David Lindahl, also known as the “Apartment King” has been successfully investing in single-family homes and apartments for the last eight years. He is the author of four popular, money making home study courses “Apartment House Riches”, “How To Estimate And Renovate House For Huge Profits” “Managing For Maximum Profits” and “The Real Estate Investors Marketing Tool Kit”. He can be reached at dave@real-estate-fortune.com and www.TheCoachingClub.com.

Understanding Corporations, Limited Liability Companies (LLC’s) and Limited Partnerships
By: Darius M. Barazandeh, Attorney at Law / M.B.A.
The best way to understand a corporation, limited liability company (or even a limited partnership) is to realize that each creates a special legal relationship or privilege between the business owner(s) and the government. These areas of government include:
1. State Government (including state taxing authorities and the state court system)
2. The Federal Government (specifically the IRS and the Bankruptcy court system)
You may be saying, alright Darius, I still don’t understand what you mean by a relationship or privilege. The best way that I can put it is this:
A business entity is a legal relationship which allows for certain privileges. When teaching people about entities, I like refer to an often forgotten fact: In England during the colonial period the ability to create a corporation required an exclusive grant (i.e., permission) from the Crown (that’s right the King or the Queen!). Remember a business entity is a privilege!
HERE IS ANOTHER TIDBIT: Did you know that when the original 13 colonies were established, many were actually corporations or similar form. For example, the Maryland Company was used to settle and develop…you guessed it, the State of Maryland. Other examples include, the Virginia company, the Massachusetts company and others. Why would someone use an entity to explore and colonize the New World? The reason is that colonization and exploration were risky investments. Ships were lost at sea, diseases ended the lives of thousands, and a host of other risks were present with each expedition.
By setting up these expeditions as corporations investors could contribute money but were only be liable for the amount invested. In other words, these early arrangements promoted exploration, development, and commerce by limiting liability for investors. The same reasoning is true today. When liability is limited to what you contribute to a business, people are more likely to start businesses. THE REASON: Less risk if everything goes wrong BUT more to GAIN when things go RIGHT!
The point of these historical facts is to make it clear that the purpose of a business entity is to limit the liability of owners/investors to the amount contributed to the business. These facts should also make you realize that liability protection is a privilege.
Why Should you be concerned
about liability protection?
I am not here to scare you…but use common sense. Real estate businesses require you to deal with numerous parties, including: tenants, sellers, partners, investors, lenders, management companies, independent contracts, employees, and others. The more parties you deal with the more likely it is that something may not go as planned.
The first step is to learn how to run your business in fair and careful manner…so that you reduce the chances of getting sued. Always remember this: A business entity (LLC, corporation or limited partnership) is not an excuse to act in a careless or negligent manner. You need to be fair when dealing with all parties and you need to outline agreements with partners, vendors, contractors, etc. You need to respond to tenant’s complaints regarding rental property. In short you need to become a MASTER good business practices. I spend a considerable about of time in my courses covering a topic I call ‘Lawsuit Avoidance 101′. This means that we teach you good business practices to help you reduce the risk of getting sued. It’s simply so important!
Another issue to keep in mind is that since you will be dealing with tenants, sellers, partners, investors, lenders, management companies, independent contracts, employees, county agents, you may get into the position where you will need to assert your rights. In other words, you may need to take another person to court, because your rights have been violated, a contract has been broken, or money has not been paid to you. Many times when you assert your rights, you may then be sued by the party you are taking to court. I know this sounds harsh…but it happens! This is called a ‘cross claim’ and it means that the party who is being sued is now also suing. Usually this happens because the other party’s attorney believes that they have a claim and/or they will be in a better position using a cross claim. Basically this means that for you to assert your own rights, you may risk getting sued.
ALWAYS REMEMBER THIS: There are also steps you can take to allow more chances for a pre-lawsuit settlement. This makes the lawsuit truly a last resort. Ask this question: Do you have alternative dispute resolution clauses in your agreements? Obviously, if you can settle matters outside of court via an alternative dispute resolution method, then may be a big advantage and a savings of time and money. An alternative dispute resolution clause will require parties to work at settling a claim through mediation or another non-litigious (and less expensive) manner. Again, a lawsuit should be the absolute last resort. We cover all of these areas in more detail for investors because it something that most people and even some attorneys leave out!
There are also tax advantages and disadvantages to recognize when selecting an entity for your business. We will discuss these in later articles.
To learn more about which entity may be best for you and how to create, run, and maintain an ‘iron clad’ LLC or corporation, you don’t need a grant from the King or Queen…but you should see Mr. Barazandeh’s, Wealth Building LLC ^TM and Incorporate for Wealth^TM courses.
To learn more about business entities, tax choices and avoiding risk, please listen to our FREE AUDIO SEMINAR! (no downloads required!)

I want to wish you the best of luck in your endeavors and email me if you ever need help!
If you plan to invest in Texas please see: Texas Houses for Pennies ^TM
If you plan to invest in tax lien certificates states, please see: The Attorney’s Step-by-Step Guide to Investing in Tax Lien Certificates
______________________________________
Information contained within this article was not intended to be, nor should it be taken by the reader as legal, financial or tax advice. The above article was written for educational purposes only. If the services of a Texas attorney are desired please contact Mr. Barazandeh or seek the services of another attorney.

Raising Private Money and Syndicating DealsWhen the going is tough the tough get going goes the old phrase and this truly applies to the real estate game. It is easy to make money when real estate is booming but it is easier to make money still when things are tough, provided you know what to do in order to make that money.

The biggest opportunity under a so-called tough economy is for those of us who are looking forward in the acquisition of real properties and mortgage paper that are going quickly into default.

But what if you don’t have enough money to acquire those assets? Is it possible to get people who have the money to put that money up if you have the expertise to make it happen?

Several of my clients are now asking me to help them to “syndicate” real estate and the paper that supports it, because they know that now is the time to make money. Everybody makes money during good times – but the biggest money, as I mentioned above, is made during the tougher times and we are now in times which are considered to be tough by many respected financial analysts.

Syndication means that a group of investors put their money into a pool for the acquisition of assets that are bigger than they can purchase by themselves. The person who is in charge of the investment, the coordinator, is called the promoter or the syndicator. The syndicator is generally paid a fee for organizing these deals. The size of the fee depends upon the size of the deal but it is fair to say that no syndicator is going to go into a deal for peanuts.

So, the real question here is if you are going to get into a deal where you are the syndicator what are the most important elements to keep in mind? If I was going to be flippant here I’d say the size of the check you get when the deal is done and you are at the other side but I will be serious certainly these things are important but the most important thing is to ascertain first the process through which you will raise money (which requires having potential investors on tap) and secondly to structure the deal in such a way that everyone wins.

The surest way to get more deals is for each one to pay off as handsomely as possible. Bear this in mind as you structure each deal. Do the hard work necessary for the payday that’s coming and remember that the only reason investors are knocking on my door is because I have worked hard to develop a reputation of delivering high value to those who trust me with their money, and that is the best form of advertising I could have.

David Lindahl, also known as the “Apartment King” has been successfully investing in single-family homes and apartments for the last eight years. He is the author of four popular, money making home study courses “Apartment House Riches”, “How To Estimate And Renovate House For Huge Profits” “Managing For Maximum Profits” and “The Real Estate Investors Marketing Tool Kit”. He can be reached at dave@real-estate-fortune.com and www.rementor.com.

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.

This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their tow into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills. These are private investors eager to get into the real estate market but balking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investor out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right man for the job and second you need to work at closing deals and creating a reputation.

I know it’s not an easy task and many times I cover in my courses and bootcamp workshops how to find private money investors and how to convince them that you are the person they can trust to make their money grow.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business angels, from business contacts and from business acquaintances.

Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

David Lindahl, also known as the “Apartment King” has been successfully investing in single-family homes and apartments for the last eight years. He is the author of four popular, money making home study courses “Apartment House Riches”, “How To Estimate And Renovate House For Huge Profits” “Managing For Maximum Profits” and “The Real Estate Investors Marketing Tool Kit”. He can be reached at dave@real-estate-fortune.com and www.rementor.com.