Hey PMC friends..This is Sergio! I just wanted to say Thank You to everybody who personaly responded to my last post regarding private money paperwork..A Very Special THANK YOU to Leah Matsil for the detailed information(Leah please contact me at the below number/email address)
- Today I wanted to share two old school ways of raising private money that I think are still valid.. I used to do these 2 techniques around 2011 and they worked really well.I recently rebooted them back in April and they still seem to work pretty good..The first one is putting hand written bandit signs around, the more affluent neighborhoods that would read
4-PLEX FOR SALE
250K
CASH BUYERS ONLY
000-000-000
I did get alot of curious callers and a few realtors,other investors however I did get calls from several small business owners I would then pre qualify them make sure they had cash then book an appointment and take them through my pitch deck..
The other thing I used to do to raise money was to put an ad in local newspapers or craigslist advertising a note for sale..it would say something like
Real Estate Note for Sale.
$190,000 note paying 8% secured
by $329,000 property. Call
000-000-0000 for details
I ran this back in April in a few local newspapers and was surprised by how many calls i got cuz i didn’t think anyone still read newspapers..Id get more savy investor types with this ad and more serious cash buyers but also somewhat hesitant.The ones that were serious met with me..id pre qualify them make sure they had liquid cash and id book an appointment and run them through my pitch deck..I think both techniques still work well both are low cost and minimal effort and tend to bring out different types of investors some with deep pockets some with smaller amounts of money(id say between 20-50K) Plus its a great way to build your database and keep in touch with these people sending them updates on the deals/projects you are working on.
Im gonna be trying these on some community social media platforms Facebook, nextdoor.com and if anyone can suggest any other ways of updating, tweaking,refining these 2 techniques please let me know. Also can anyone recommend some local community based social media platforms like Nextdoor.com or any local platforms i can put these on?
Finally id like to chat and connect with any experienced real estate investors who are proactively raising private money..what are you guys doing to raise private money? How are you marketing to raise private money? I.only have the free basic pmc membership so please feel free to email or call/text me Im looking forward to hearing from you soon! Thank you!
🙏🏻😊 👍
Sergio
505-307-6611
swhsequitygroup@gmail.com
Hi , i am New to the group i mainly do multi family and senior living , and was wondering if someone is interested to give $860k to pay off HML and $2M for Rehab , ARV – $12- $15M (73 Units ) will give first position and rehab funds can be also by schedule, please call 9046150633 , huge deal and can give PML a good return on their funds
call if you want more details happy to provide