How We Raise $1.1 Million Of Private Money At Lunch!

How We Raise $1.1 Million Of Private Money At Lunch!

On Raising Private Money we’ll speak with new and seasoned investors to dissect their deals and extract the best tips and strategies to help you get the money!

Today we have Eric & Erica Camardelle!

Eric & Erica Camardelle share their journey as real estate investors in eastern North Carolina, their preferred methods of purchasing properties, and the importance of private money in their business. They also highlight the impact they have made on private lenders and share success stories, including a couple from Mississippi who have over a million dollars invested with them.

The episode delves into the concept of private lender luncheons and their role in educating potential investors and building a strong network. The guests emphasized the need to continuously expand one's warm market and the importance of networking for entrepreneurs.

They offer advice for new real estate investors looking to secure private funding, such as creating a list of potential contacts and educating them about private money and self-directed IRAs.

Jay Conner leaves the audience on a cliffhanger, teasing that his coaching clients have raised $2.9 million in private money in just two and a half years, with over $1 million raised through private lender luncheons. He encourages listeners to stay tuned for more details on this strategy and how it can help raise millions of dollars for real estate deals.

Overall, this episode provides valuable insights and practical tips for raising private money in the real estate industry, highlighting the benefits for both investors and lenders.

Eric, also known as Banjo, and his lovely wife Erica Camardelle are the proud owners of Salt & Light Property Solutions. They grew up in Southeastern Louisiana but moved to Southwest MS about 5 years ago.

They live in the woods, on about 60 acres in a log cabin along with their 4 children and many pets. They invest anywhere in Southern MS and LA and look to expand further along the Gulf Coast. They have done approximately 50 deals.

They currently manage about 30 doors including 22 storage units (counted as one door.) They are accredited investors and published authors, and they also run a successful local REIA and Business Networking Group.

They both enjoy teaching Sunday School for the youth and also teach the young kids on Wednesday evenings at the church.

Timestamps:
0:01 - Raising Private Money with Jay Conner
1:12 - Today’s Guests: Eric & Erica Camardelle
5:11 - Real estate investing: 13% sell with terms.
08:32 - Jay’s Free Money Guide: https://www.JayConner.com/MoneyGuide
13:52 - Retirees lose money in retirement investments.
20:40 - Advice For New Real Estate Investors: Make A Contact List, And Educate Potential Investors About Private Money.
21:55 - Approach Warm Contacts; Discuss The Private Lending Program.
27:36 - Private Lender Luncheons: Educate, Network, And Discuss Goals.
31:16 - Networking Is Crucial For Reaching New Markets.
33:33 - Having Private Money Can Quickly Lead To Deals.
35:18 - Connect With Eric & Erica Camardelle: https://www.SaltAndLightPropertySolutions.com

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What is Private Money? Real Estate Investing with Jay Conner
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.

https://youtu.be/sdFfuJoJAlo

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