24: J. Massey | How He Amassed Wealth With No Money
On the brink of homelessness, J. Massey pulled himself up. He became a master of raising private capital for deals without using any of his own money – because he didn’t have any.
In fact, he’s amassed a fortune and has still never used a bank for a real estate loan.
Listen to this week’s show and learn:
00:56 People’s worst financial trade of their life is one that they keep making every week.
06:07 J. and his wife’s touching story and rise from nowhere. They had to sell items on eBay to pay monthly utility bills.
13:04 By the time J. owned 117 houses, how others responded.
14:40 Real estate “wholesaling” is where J. first gained traction.
17:22 Today, “raising private capital” is the skill that J. helps others with to obtain wealth.
23:14 Raising private capital from others.
27:01 How does a beginner start to raise private capital from others? Details at CashFlowDiary.com/MoneyTool
31:20 How much time and what character traits are needed to raise private capital?
Resources mentioned:
CashFlowDiary.com/MoneyTool
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