Can You Really Raise Private Money At Your Local REIA?

In today’s episode, we are with David Pupo, a realtor and one of the owners of Florida House Buyers, a local real estate investment company offering services such as short-term and long-term wholesaling, multifamily investments, and property renovation. David is passionate about continued education and creating solutions. These allow him to help other investors avoid rookie mistakes and accelerate their success toward creating an efficient and profitable business.

David and his team have sold over 300 properties while simultaneously building a portfolio of rentals. But this was not that easy with the adversities caused by inexperience and poor decisions made along the way. 

Today David shares with us how he started raising private capital with the help of local REIAs and the lessons he learned along the way.

Key Takeaways:

• Start somewhere and build a good brand and reputation - connect with your local REIAs
• Learn to take a step back and consider possible risks.
• It is essential to have a complete property analysis ready when getting investors on board.
• Pay to play: Seek the lowest payment that benefits you and make the most of it.
• How to utilize the BRRRR Method
• Approaching Investors and understanding their expectations
• Not being assigned to an aspect of the business does not mean having zero knowledge about it.
• Hiring virtual assistants helps run a business efficiently.
• The Tripple Offer Calculator and How it could help you
• Novation Offer: An untapped source of mortgage buyers
• Make sure to reach out to the right people.

Resources:

• www.questtrustcompany.com
• Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork by Dan Sullivan and Benjamin Hardy

Connect with David:

Website: www.tripleoffer.com

E-mail: david@myfloridahousebuyer.com

Phone: 407-603-5263

Check out my book: 7 Reasons Why Private Money Will Skyrocket Your Real Estate Business and Help You Build Incredible Wealth!

Get it here for FREE: www.jayconner.com/moneyguide