Private Money Lenders - How To Find and Market To Private Money Lenders

April 3rd, 2009
money
Trevor Mauch asked:


As I’ve said before, every business on the planet is in the business of MARKETING.

Yes, that includes you.

First and foremost you are a marketer, second you are an investor. You must know how to get leads in order to even have a chance to put your investment knowledge into action.

So, to get private money lenders for your real estate investing business you must find the people who have money.

Who Has Money?

* Your Family and Friends -

Do you have family members who have money that they are earning between 0-5% on? I’m sure you do. Do you think they would want to double the rate of return on their money? I bet they would.

So, why not bring the opportunity of becoming a private lender for your real estate business to your family members first, so you can help your family become more wealthy in the process? Many people **** to ask family members for money… this is a common thing; however, why would you feel uncomfortable helping your family members make more money? You shouldn’t.

The first property I bought (and still own) was bought with 100% private money. A 95% first mortgage (seller carried), and a 5% second which was borrowed from my father. My father is earning 6% on his money rather than 3%, the property cash flows and has gone up in value… if for some reason I ***** up and don’t pay my dad (not going to happen), he is in 2nd position on a property with over $100k in equity. It is a no lose for him… and great upside for me.

* Other Real Estate Investors and Businessmen -

Other successful real estate investors have money… and often like to lend out their money to other investors. These are often great private money investors to have on your side because as you’re starting out, they can help you analyze deals… and teach you a ton as you grow as an investor. Also, successful businessmen are great because they know the security that real estate can hold, and know that when the loan is structured correctly they are protected with very little downside.

Talk to other investors and business people that you know and let them know what you do, and that you can provide them real estate secured returns of 9-12% (or whatever you are willing to pay) when they become a private money lender for your company. If there are holes in your presentation or your business model, they’ll likely point them out, which will help you to make your business stronger over time.

* People Nearing or in Retirement -

Think about it… who has a bunch of money just sitting around? Well, people either in or nearing retirement (people 10-15 years away from retirement, up to people who are already retired). Even better, the stock market today ***** and I’ve personally seen many people move their money from the volatile stock market and place the funds in “more secure” investments like CD’s, gold, etc.

It’s your job to find these people and present them another option to lend money to your company for a much better annual return (usually private money lenders are paid between 8-12%). Show them that you know what the heck you are doing, that the risk is relatively low with the strict buying guidelines your company employs, and that you are looking for long term relationships with lenders who want the same.

These people can move their under performing investments (401k, IRA, etc.) into your short term private money loans. It’s a win-win. Again, you as the investor need to be honest with the private money lender, and you need to make responsible decisions on the properties that you invest in.

That’s just a short list of people who you should be going after to recruit as private money lenders for your real estate investing business.

Marketing to these people can be everything from simply handing them your business card that has a blurb saying you are looking for private money lenders who want to earn 10% secured by real estate, and to call XXX-XXX-XXXX or visit www.yoursite.com for more information

… to sending out mailers to a list of retirees… to teaming up with a financial planner, to putting on free seminars about the opportunity, etc.

***FYI, I am not an attorney, and don’t claim to be. I am just throwing out ways you may be able to market to potential private money lenders, to my knowledge they are legal, but advise your attorney before you use any of them.***

Here are a few ways you can get in touch with potential private money lenders:

* Ask sellers of the properties you buy if they’d be interested in becoming a lender for your company

* Talk to family about the opportunity and ensure to structure the deal so they virtually can’t lose, and that the risk is on you (unless you want to lose a family member if a deal goes south)

* Ask other investors at real estate investing clubs in your area

* Put up a website and get it optimized in the search engines (we’re creating a training session on this)

* Network at events (chamber of commerce, etc.) and let people know what you do, and how they can be involved

* Send out postcards to a list of people with over $500,000 net worth (you can buy lists from companies who can break it down by net worth and other factors)

Really, there are endless ways to recruit potential private money lenders; however, in my experience… the best ways are to network, let people in your area know what you do, create a website which educates potential lenders, and get referrals from happy investors.



Georgia

who gives money to political parties to raise money for the campaign?

April 1st, 2009
money
bk asked:


I am just curious to know, who gives so much money for campaigning? According to Sheila Krumholz, the executive director of the Center for Responsive Politics, the presidential candidates alone have already raised more than $1.5 billion since the election cycle started in January 2007. Is that a joke? I know that to show ads on TV, they need some money but 1.5 BILLION is way too much.

Joy

Information Portals – a Better Way to Make Money Online

March 31st, 2009
money
VEENA FURTADO asked:


(This article is the 10TH Part of a series of articles of the author Veena Furtado’s 2nd forthcoming Book/EBook – “How To Make Money Online With Veena Furtado”. “How To Make Money Online With Veena Furtado” is a worldwide protected publication of © Copyright Veena Furtado and www.veenamakesmoneyonline.com )

“A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.”

– Herm Albright

Looking for a great way to market your products, services or web sites and make money online? Look into information portals.

Information portals are growing in popularity as web developers design many sites based on a common topic. If you are looking to cross market your products or web sites and earn making money online, here are some tips on information portals.

Information portals are a great way to build web sites based upon a major category. For instance, let’s say you build a web site on outdoor sports. You can have a separate web site on hiking, mountain biking, mountain climbing, white water rafting, etc and one central web site that ties all these web sites together and earn cash making money online.



Not only can you swap links from these web sites but use the central information portal to tie all your sites together, cross promote and advertise to a larger audience and discover easy ways to make money online.

Information portals are simple to build and are not very complicated.

Many web developers, in their efforts to make money on the internet online decide to place each web site on a different web hosting service or at least a different web hosting IP in order to maximize the value of links swapped and make money online fast.

Search engines usually value sites that have many one way links from other web sites that are similar in topics and an information portal is a great way to design these types of online money making opportunities sites.

Indeed if you are looking to maximize your home business opportunity, take a look at the above tips on information portals and make money on the internet online.

If you want to me to help you make money at home online and set up and run your very own successful legitimate making money online home business - with HELP – EVERY SINGLE STEP OF THE WAY… just visit my website (see link given below) and take a look.

You will not regret it. I promise!

Best Wishes.

Veena Furtado

Internet Business Developer

Team Trainer/Coach/Mentor/Friend

http://www.veenamakesmoneyonline.com/newsandmentoring.html



Theodore

How much spending money to bring for St Thomas Vacation?

March 30th, 2009
money
Jennie Clause asked:


I’m planning a vacation to St Thomas. How much spending money should I budget for each day. I don’t plan on dining out expensively often, maybe once or twice, the rest will be like grocery shopping or fast food. I would like to do one or two activities like parasailing or snorkeling. Other than that it would be just money for alcoholic drinks and souvieners. How much money should I plan on bringing with me?

Emma

If you owe money to the IRS, will they take your stimulus money to be repaid?

March 30th, 2009
money
redsonia1960 asked:


One of my co-workers said that the IRS told her daughter that they will be taking her stimulus money, due to the fact that she owes back taxes. I thought the money is ti stimulate they economy, not the government.

Mike

Ways to Make Money Online Legitimately

March 29th, 2009
money
Musafiri Mbilinyi asked:


Make money online

Make money online worldwide. If you have an internet connection you can use Cash Crate. The only requirement is that you are at least thirteen years old. What a great part time job for a teen!

Companies need people to review and try their products and services and they are often willing to pay for this. This make money online opportunity matches people with the advertisers and they get paid by the advertiser and then pass 75% of their payment along to you. This works very well for everyone involved and is totally sustainable which keeps Cash Crate in business.

If you are from a country outside of the U.S. and Canada you can still make loads of money through Cash Crate’s referral program. It is one of the best that I have seen yet. I’ve compared it with other “get paid to” referral programs and it beats them all hands down.

If you are like me, you are tired of looking for ways to make money online. I literally have clicked thousands of links promising to teach me the secrets to making money online, make money today, and make money over the Internet etc. Each of these sites themes was conducive; if I paid them $790.00 they would teach me how to make money online. There was no information for me anywhere. All I wanted to do was supplement my income. Yet all I found were dead ends. I would get so frustrated that I would contemplate giving up daily. I was like a dog chasing his tail. I don’t want anyone to go through the same frustration I had to go through.

Below is a description about a GPT program that pays for completing surveys and offers. It is one of the most known and best paying of it’s kind.

Is it a scam?

No, it is not a scam. Once you join, you have access to their forum, where you can see hundreds of payment proofs from users getting from $100 to $1000+ each month!

Companies need people to review and try their products and services and they are often willing to pay for this. This make money online opportunity matches people with the advertisers and they get paid by the advertiser and then pass 75% of their payment along to you. This works very well for everyone involved and is totally sustainable which keeps it in business.

Even if you can make enough money just by completing offers and surveys, CashCrate has a very good referral system available. Because the earnings from CashCrate are so high, getting even one active referral will bring you some money. If you get enough referrals, CashCrate will higher the percentage of the earnings you get from them. Below is a table with the information about referral levels and their percentages.

Bronze - 0 Active Referrals - 20% First Level, 10% Second Level

Silver - 50 Active Referrals - 25% First Level, 10% Second Level

Gold - 150 Active Referrals - 25% First Level, 15% Second Level

Platinum - 300 Active Referrals - 30% First Level, 15% Second Level

Elite - 500 Active Referrals - 30% First Level, 20% Second Level

Make money online get paid 20% of your first level referrals earnings and an additional 10% on second level referrals (the referrals of your referrals). Plus they increase the payout amount based on the number of referrals you have. At the top level you get paid 30% for your first level referrals and 20% for second level referrals.

You start making money and you literally watch as your money increases daily, while not doing anything. At first, yes, you have to put a little time into it, but if I can do it with two babies, so can you! It is very easy and worth it.

Your revenue possibilities and limits are endless. The more time you put in it, more money you’ll make. For reaching a high payout every month, I suggest you complete the Daily Survey every day, complete as much offers per day as you can, and refer as much people as you can to join the program under you.

If you want to make money online, make money on the internet, make money from home, make money today, and make money online fast you can be assured that this is the safest way to begin making money online. The synopsis, learn what search engine optimization is, write an article about the product, submit the article to an article directory, and lastly sit back and make money online, make money on the internet,make money from home, just make money.



Judith

Avoid the Fool’s Gold of Easy Money. Mine for Real Gold and You Will Make Money Online

March 28th, 2009
money
Steve Cowley asked:


Copyright (c) 2009 Steve Cowley

The Internet is the modern day Gold Rush! In the 1800’s people would rush off into the hills to seek their fortunes. Very few made more than the minimum to survive on.

Nowadays people rush to their computer screens and throw money at every conceivable opportunity going - all in an effort to make their fortune. Very few make more than the minimum to survive on! The parallels between these two periods of history are remarkable!

If you are looking for easy ways to earn extra money I would stay clear of online businesses! I would go so far as to say that if you are looking for easy ways to make money anywhere then you will always struggle.

“Easy Money” is a catch phrase used by the slick Internet marketers who want to sell you a dream that is really an illusion. I will say this loudly and slowly - there is no easy money to be had on the Internet or anywhere else.

Think about what you are asking for when you say that you want easy money. Aren’t you really saying that you want money to somehow arrive magically in front of you without having to work for it? Ummm! I know it would be wonderful if it happened like that - we would all like to have a personal Golden Goose that kept churning out those golden eggs. But the truth is that life is just not like that.

Unless you are prepared to put the work in first then no opportunity anywhere is going to provide you with easy money. In my work as an Internet Marketer I come across a large number of people who are looking for an easy ride. They are looking to get something for nothing! Or they are looking for me to do their work for them. Although I love to show someone what to do to make money online I will never do the work for them. I would be doing them a disservice if I did.

These are very often the same people who jump from one opportunity to another without actually following anything through. They are attracted to the worthless “Fool’s Gold” of modern day hype, with all its promises of instant wealth and easy money.

The fact that fool’s gold exists also implies that there is real gold to be had too. And there certainly is. There are some amazing opportunities to make money on the internet - just as there were people who struck real gold years ago, so there are ordinary people who are making large amounts of money online today.

And it is only just beginning too. The numbers flocking to the internet to make money will go up massively over the next few years. Right now is certainly a wonderful time to be involved in Internet Marketing. The current world financial crisis means that many people have to turn to other ways to earn money, either to supplement their main income or to replace a job that has been lost. And where do most people start their search? Looking at online business opportunities!

I love working with people who recognise the difference between “fools gold” and “real gold” and are prepared to put the effort and work in to make it happen. They are not looking for easy money but they are looking to build a lucrative and sustainable business over time.

They will be the ones who will stake their claim to wealth in the future. Make sure that you are part of this new wave of online success stories. Don’t be taken in by someone showing you “fool’s gold” with promises of easy money - it is worthless. Appreciate that real mining takes planning, time, and energy and you will lay the foundation for a really successful online career.



Anthony

How much money would you have to be paid to eat your pet?

March 27th, 2009
money
StudMonkey asked:


Say that money is no limit - I mean, for 10-trillion dollars you could use that money to invest in programs that save the lives of countless pets. Thus, by eating your own pet, you could save the pets of others.

So, what would be the minimum amount of money you would require to eat your pet? Your choice of condiments.

Randall

Is Getting Money Really Success?

March 24th, 2009
money
wallace asked:


If people were to be asked what they would want to achieve in this world most of them would say money/wealth. Money is everything to some people and money is nothing to others. Getting money is a good thing but most of us don’t have the wisdom to know how to use money. Most of us take advantage and use the money to oppress others because we know that we can.

Actually money is the last taboo; money is a good thing when it is used in the right manner. Money is the one that builds churches; it’s the one that pays for the needs of the missionaries. It is the one that is used to sponsor the less fortunate. Money can be used to do a lot of good things if we only choose to.

Is getting money really success? Getting money becomes success when we use the money to do great things and to make other people grow. That is when getting money becomes success. We all know that the rich people have a lot of influence and can change a lot of things. Most people become rich because they use their money to help and enrich others. We should always make our money work for the better.

Everybody can get money and it only becomes useful when it is used in the right way. Whenever you give you create space for more. Whenever you give you give your pocket some more space to fill in some more money. That is what happens when you give; you leave space for more.

Getting money is a good thing and it always will but you have to be very careful what you do with your money. Money is a very common thing, I mean it is everywhere. You can have it today then lose it tomorrow. Make sure that your money brings success.

Success can be defined as a record of achievement, if you had planned something and you achieve it. That becomes success. Wealth or money can act as a bridge to take you to your achievements. Use the money to do something good and that will be defined as success. Get the money and spend it in a good way. That is what success is.

The purpose of life is the life of purpose. All of us are unique in our own ways, all of us can do something better than the other. Money is common thing that everybody can get it but whatever you do with the money is what is unique, you choose to use your money the way that you want it is not a matter of chance. What I am trying to say is no matter how much money you have, you will always be the one to decide whether the life that your money will help you live will be a life of purpose and will that be the purpose that you are meant to fulfill in this world?

The greatest sadness in life is that we are all born with a purpose but very few of us find out what our purpose is………………….

Written by 

Wallace Ngige (jnr)



Brian

How much money does a good jockey make in a year ?

March 23rd, 2009
money
Ashlee asked:


I’m not just talking about your everyday jockey i mean ones like Edgar Prado, Javier Castellano, and Frankie Dettori. I’ve always heard that being a jockey is hard when it comes to earning enough money to take of your everyday finances.

Cindy