#341 - Overcoming the Fear of Raising Private Money as a New Investor - Amy Mahjoory
Joining us on this episode of Living Off Rentals is a real estate investor and private-money expert who has taught hundreds of investors how to raise millions of dollars for their deals. Amy Mahjoory started raising private money when she was a new investor flipping houses in Chicago. Listen as she breaks down how new investors can overcome the fear of raising private capital, build relationships with potential lenders, and create a simple process to get deals funded. She also shares what to do when a deal doesn't go as planned and why communication with your lenders is so important. Enjoy the show! Key Takeaways: [00:00] Introducing Amy Mahjoory and her background [03:06] Becoming one of the leading experts on raising private money [05:11] What is private money? [06:33] Using private money as gap funding [07:24] Using private money on different types of real estate deals [10:35] Amy's step-by-step process for raising private money [11:35] Four-second power pitch [13:04] The biggest mistake real estate investors make [16:52] Getting into the actual details of the deal [20:54] How long to ask for private money [25:17] The basic documents you need when working with private lenders [27:11] Stay in touch with potential lenders [30:58] Screening the ideal type of private lender [35:06] The minimum investment amount [36:20] Examples of investors who successfully raised private capital [44:20] Amy's RPM Masterclass [46:17] Connect with Amy Mahjoory [46:40] Outro Guest Links: Website: https://amymahjoory.com/ Instagram: https://www.instagram.com/amymahjoory/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals Want to start investing in short-term rentals? Book a call to see if my STR Blueprint program is a good fit for you: livingoffrentals.com/call






