4.8 • 955 Ratings
🗓️ 23 November 2019
⏱️ 14 minutes
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0:00.0 | This is Tereo Media. Success in real estate has nothing to do with shiny objects. |
0:15.0 | It has everything to do with mastering the basics. |
0:18.0 | The three pillars of real estate investing. |
0:20.0 | Attract, convert, exit. |
0:25.0 | Matt Terrio has been helping real estate investors do just that for more than a decade now. |
0:30.0 | If you want to make money in real estate, keep listening. |
0:32.0 | If you want it faster, visit re I ACE.com. |
0:37.0 | Here's Matt. |
0:38.0 | Okay, so if you can't get all the money that you need from the seller and the buyer nor the tenant |
0:44.1 | were able to close that gap for you. |
0:46.3 | The next place you can look is a place called private money. |
0:49.8 | Now private money is pretty much just that. |
0:52.2 | It's money that can be loaned to you by either a private individual or a private organization. |
0:57.1 | And private money could come from say a personal relationship that you have or a family member |
1:01.5 | or a private company that actually specializes in those |
1:04.0 | types of loans but for the purpose of this session I'm really referring almost |
1:08.2 | exclusively to an individual someone that you already know or someone that you |
1:12.2 | will meet in your real estate investing journey. |
1:15.0 | And to keep your eyes open for the right person, the good candidates, the best candidates to loan you their private money, |
1:20.0 | would consist of just about anyone that is dissatisfied with the current |
1:23.8 | return on their investments of which you could offer them a higher return. |
1:27.7 | Now in the beginning private money was tough for me to access it It was really tough. However, after I learned a few things, it became |
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