3 High Impact Places to Get Private Money
by Patrick_Riddle
Filed under Private Money Articles
Some places are better (and easier) to get private money than others.
So, you may be thinking, “what are the best highest impact places to easily get private money?”
In a moment, I’m gonna share 3 of these places with you in a video I just shot for ya. .
So, get out your pen and pad because class is in session. Prepare to get schooled.
3 HIGH IMPACT Places to Get Private Money Now
Watch the video NOW!
So, now for your homework …
Pick out 1 of these places and GO! Set a date for when and do it. Action is the key here.
So, networking is a GREAT way to get private money. And is the primary way that I’ve gotten most of my private money ($6 million plus).
But, as I mentioned to you at the end of the video …
How many of you want to get private money without networking?
How many of you don’t have family and friends with extra money to fund your real estate deals?
If that’s you, we’ve got somethin’ for you too.
So, keep your eye out soon for a brank spankin’ new in-depth presentation on an old (but little known) private money getting method that we’ve perfected over the last 8 months.
You’re gonna LOVE this!
Talk soon,
Patrick
P.S. – What other spots have you found to be HIGH IMPACT places to get private money? Be a giver. Share ‘em in the comment area.
P-Rid’s Private Money Millions Series: Private Money on a Silver Platter
by Patrick_Riddle
Filed under Private Money Articles, Private Money Monthly
Buenos dias fellow private money getters.
Referrals are like getting private money handed to you on a silver platter and are extremely POWERFUL. Getting referrals puts you on the fast track to unlimited funds for your deals. How?
Let me explain …
To sell anyone anything (in our case, selling a private money prospect on the idea of lending us their investment funds), there is typically a process of converting a prospect’s mindset from unmotivated and skeptical to a motivated buying mindset … let’s call it the “buying process”.
A cold prospect – someone that you do not know nor have any relationship with – begins unmotivated and skeptical. The process of converting them over to a client is MUCH more difficult than say a warm prospect or referral because you start with absolutely zero rapport, credibility, and trust.
A warm prospect – someone you know and have a relationship with – starts further along the “buying process” than a cold prospect. There is already some rapport, credibility, and/or trust inherent in the situation since you’re not Joe Blow off the street who they’ve never heard of.
Warm prospects are the easiest place to start in your private money getting efforts, and, once you get going, getting referrals literally opens up the flood gates of private money to your business.
One of the big reasons why is that the rapport, credibility, and trust that the referral has in the referrer is transferred from the referrer to you and your private lending program. Thus, eliminating in many cases the skeptical mindset that keeps people from lending to you or even meeting with you in the first place.
So, your referred prospects come to you as far along in the “buying process” that the rapport, credibility, and trust (that was transferred over to you) takes them. I’ve had private money referrals where all I did was show up to have a check handed to me. No presentation, no questions, no objections.
Now that’s the POWER of a referral!
So, the next question would be …
How do I Ask For and Get Private Money Lender Referrals?
There are two specific times in the private money getting process that I like to ask for referrals. Below, I’m gonna tell you when to ask and exactly what to say … I’m gonna give you exact scripts that you can immediately “plug and play” into your business.
1. Ask for referrals once you’ve presented your private lending PowerPoint presentation, followed up with the prospect with several lending opportunities, and they still haven’t jumped on a deal with ya.
At this point, you’ve established a relationship with the private money prospect, BUT, for whatever reason, the prospect hasn’t jumped on a deal.
Here’s what you want to do …
After you pass the next deal by the prospect, if they say, “No thanks,” say …
“Well, I understand. Even though this is a great investment opportunity, I know that it’s not right for everybody.
Would you even like for me to continue contacting you with these opportunities?
(if yes) … Ok, then it’s obvious <Insert Prospect’s First Name> that you understand why our lending program makes sense, why it makes sense to invest with us …
I’m not sure if this is you, but … who do you know that may be interested in an opportunity like this? … you know, a great investment opportunity …
(at this point, specify how many referrals you want and name off any groups, organizations, etc that you know the prospect is affiliated with)
<Insert Prospect’s First Name> let’s see if we can list 3 people if … that’s ok with you … people from your church or neighborhood, people that you work with or who attend Rotary with you?”
And then, pick up your pen, look down, and SHUT UP.
No matter how long the silence. Do not say a word.
2. Ask for referrals once you’ve borrowed some dinero from a private lender AND you’ve either made several interest payments to them or you’ve paid them off in full.
Depending on how you structure your private money loans, it will depend on how soon after signing up a new lender you should ask for referrals.
Personally, I do not like to ask a new private lender for referrals until they’ve seen actual results, until they’ve received interest payments or been cashed out in full (if the interest accrued until the loan was paid in full).
So, imagine having a private lender who has been in your program long enough to see and feel some results.
Call ‘em on the teléfono (yep, just added another word to my Spanish repertoire) and say this …
“Hey <Insert Private Lender First Name>, this is <Your Name>, did I catch you at a bad time?
(if no) Great. Well, I wanted to ask you a few quick questions about your experience with our investment program. Would that be ok with you?
Thanks. I appreciate it.
First off, how has your experience investing with us gone so far?
(if their experience has been enjoyable/positive, focus on asking additional questions that get them talking about those benefits and then say …)
I’m glad to hear that <Insert Private Lender First Name>.
Well, who else do you know that may be interested in an opportunity like this? … someone who would also enjoy <Insert the Benefits the Prospect Mentioned> …
(specify how many referrals you want and name off any groups, organizations, etc that you know the prospect is affiliated with)
Let’s see if we can list 3 people if … that’s ok with you … people from your church or neighborhood, people that you work with or who attend Rotary with you?”
And then, you know the drill …
Pick up your pen, look down, and SHUT UP … (or in Spanish) … Cierra La Boca!
No matter how long the silence. Do not say a word.
With your new list of private lending prospects, strike while the irons hot! Set aside time the next day to set up the formal appointment.
Hasta luego,
~ P-Rid
SIMs 2.0 Greg Clement Review and Full OpenRoad3 Demo – Bonus Package and Discount
by Elisabeth Denton
Filed under Cool Stuff
Alrighty, a bunch of our readers asked about the SIMs system and wanted a clearer explanation of what the software really does. So… we decided to do a full and detailed video walkthrough of the OpenRoad3 software that comes with SIMs.
With the SIMs system, its 2 parts.
1. The training on how to use the internet to put your lead generation into overdrive (great training, best I’ve seen on generating leads online for a REI biz)
2. The OpenRoad3 software that I walk you through below that automates pretty much all of the actions you need to take to generate leads online and serves as your online
database, CRM, and lead generating software.
Anyhow, check out the video walkthrough below… it’ll show you what I like, what I hate, what elements are cool, what SIMs lacks, and how to fill those gaps that SIMs has.
Enjoy
SIMs 2.0 & Open Road3 Full Walkthrough Review
The SIMs Open Road3 software review is extremely detailed… I walk you through EVERY aspect of the software (but I did forget to show how the software will analyze your deals for you, blast your properties to social media sites, fax your offers for you, and other features I forgot to go over… ) in the video demo below and it’s a solid 50 minutes long. But, if you’d rather hop on a webinar Wednesday evening to have the SIMs guys give you a full demo of the software live… here’s a link to go sign up for that live demo webinar thats Wednesday at 6pm PST (9pm EST). No hype… just a full demo of what SIMs does.
>> Here’s our link to invest in SIMs if you feel its right for you <<
Our SIMs 2.0 Bonuses If You Feel Its Right For You
- A $100 cash credit at our print shop toward your first direct mail campaign
- We’ll give you access to our direct mail print shop and our negotiated discount so you can use the direct mail pieces in SIMs cost effectively
($300 value) - We’ll find private lenders FOR YOU in your local area within 45 days after you invest in the SIMs Partnership program
($3,000 value)
We’ll have my team search your area through the public records for actual private lenders who are in your city right now, we’ll give you their names, addresses, how much money they’ve lent, etc. so you can then connect with them and build a relationship with them to be your lender. - I’ll do a 1 on 1 30 minute personal “internet marketing” advanced strategy session with you to put together a solid plan to help you generate the most amount of leads possible for your REI biz using the SIMs technology and system
($500 real world value) - You’ll get our never before released 7 step “Private money getting” email autoresponder sequence that you can plug into your SIMs autoresponder to convert your private lender prospects to private lenders. The sequence is specifically designed to build instant credibility for you and private lending and professionally written to guide the private lending prospect through a specific sequence that maximizes conversion.
($1,500 real value)
>> You Must Use This Link To Get The Above Bonuses For Investing In the SIMs Partnership Program – First 10 Only <<
– The $100 cash credit to our direct mail company
How To Get Your SIMs 2.0 and Open Road3 Software Bonus
Okay, like I said in the video review… SIMs is a great piece of software and training and a great tool for those who don’t have the time or expertise to set up your own online marketing campaigns. I myself don’t need SIMs, I already have the knowledge and team setting this stuff up for me… but I realize not everyone has that luxury. If you’ve decided SIMs is right for you to help you automate and grow your business so you can focus more time on having fun, making money, and spending time with your family… and you want that missing link that SIMs doesn’t provide (the private money… they give you a squeeze page but not much on the marketing)…
… now all you have to do is choose which package is right for you.
If you want the true turn key solution… where we actually find the private lenders for you… go w/ the SIMs Partnership Program (which they are saying will likely fill up Wednesday because they have actual manual labor on their end to implement everything for you). It’s not cheap… but, that one bonus where we’ll find YOU private lenders IN YOUR AREA FOR YOU and give you our 7 part “Private lender magnate” autoresponder email sequence to plug into your SIMs sytem is worth 10x the investment in SIMs alone… not to mention the other bonuses and the actual SIMs software itself.
So, here’s what you need to do:
- SIMs opened up Tuesday 7/13 at 12:00 PST EST (9:07 am PST)
- Use our affiliate tracking link below so they can track you as our customer (if you don’t use the links on this page you WON’T get our bonus.
- Select a SIMs package and buy it
- Send your receipt to support [at] privatemoneyblueprint [dot] com and we’ll put you immediately into the bonus group for whatever SIMs package you choose
- We’ll get a hold of you with the details on the bonus (remember, only the first 10 get the “done for you” Partner bonus. As long as this message is still up… there are still spots left. When all 10 spots are filled we’ll immediately put up a “sold out” note on this page).
>> Go Here Today To Get SIMs 2.0 <<
*We’re of course able to offer this great service and these great bonuses to you because we got a special tracking link from SIMs… and they do give us a commission when you use our links to buy. However, to provide a ton of value to our subscribers and members… we use a big hunk of the commission money to help you out… and in this case, with the Partner package we’re spending almost $800 out of our pockets to help you cut the learning curve in your REI biz and in “private money getting”.


