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How to BASICALLY GUARANTEE YOURSELF GOVERNMENT FUNDING for your real estate deals | Episode 13

 

Could you use some FREE MONEY FROM THE GOVERNMENT to fund your real estate deals, your business, and your education? If the answer is yes (and let’s be honest, the answer is YES), then you literally can’t afford to miss today’s episode. I’m Carole Ellis. This is episode 13.

So let’s get started snagging some free money from the government, shall we? How does more than $50,000 to invest in real estate sound? Or more than $58,000 to purchase rental properties? Or $27,000 to fund your rehab projects? Yes, ladies and gentlemen, all REAL LIFE EXAMPLES in case you were wondering. And we’ve got more. I randomly picked a city (more about that later) and asked for this guy’s success stories and his wife actually sent me a spread sheet so I could keep them all straight. Are you getting excited? Me too. I love this stuff. Well, before I introduce you to my GOVERNMENT GRANT FUNDING EXPERT (and believe me, this guy always goes STRAIGHT to the source of the money, which is why I like him!), I want to take just 30 seconds to mention something else exciting going on in the real estate world today: tax credits! If you haven’t filed your taxes yet, then you need to check out the LATEST LIST of new real-estate-related tax credits. You may be surprised at what you were missing! You can get all the information right now in our News & Networking Section at www.REI.Today.

Now, back to putting the government to work for you! Today’s insider information comes from one of the greatest insiders of all when it comes to landing free grant money from the government. Now first, let’s get clear about what the terms mean: a GRANT is money that you do not have to pay back, unlike a loan, where you have to return the money, usually with interest. So let’s make sure we’re all on the same page. We’re talking about grants and, can we all agree money we don’t have to give back is better than money we do? Now, let’s get started. Today’s Government Grant Funding Expert is Chris Johnson, a long-time veteran of the real estate business and the premier expert not only in finding government funding for your real estate deals, but in LANDING it. For example, one of Chris’ students, named Jinette, recently lost her job and found herself without any means of supporting herself or getting started in real estate. However, instead of heading back out to try to get another $30,000 a year job (which is what she had been working), Jinette carefully and methodically applied for certain government grants and, three months later, she was not only flipping houses that she had purchased using her grant money, but she’d been awarded a small stipend so that she could focus on real estate full-time instead of looking for a new job.

Chris told me that one of the key components to Jinette’s success was knowing where to look for the right grants to apply for. “There’s a motherload of programs for all kinds of things,” he said, adding that the real issue for most real estate investors is that they simply don’t know where to look. You see, if you google “real estate grants” online, you’ll get zillions of results and, unfortunately, most of those results are not very useful. Chris told me that there is a LOT of misleading information online, “There’s bad stuff, for sure,” he said. The key – and listen up here, because this is PAINFULLY simple but most people don’t even think to do it – is to contact funding agencies directly! Find the type of funding you want and then instead of applying online, call up the agency. Sure, you’re going to have to read the fine print at the bottom of the webpage and spend a little time on the phone, but isn’t free funding for your deals worth a little bit of your time?

Here’s what Chris does, every single time he spots a new funding opportunity: “I reach out and contact funding agencies and government offices who administer programs and basically ask them directly about eligibility, what the process was to apply, and get all the answers first-hand,” he said. This gives Chris a HUGE leg up on any competition that might be out there because he already knows exactly what the agency is looking for before he ever fills out the first word on his application. And remember, you can get grants for just about anything: Chris told me that he’s gotten grants for educational funding (anybody with college kids out there listening?), business funding, real estate investing, home ownership, home improvement and repairs, the list goes on and on. And you, like Chris, can give yourself a MASSIVE LEG UP simply by being bold enough to reach out directly to the source of the funding and make a personal connection that can guide you directly to your goal.

Now, this is a really big deal. Think about Jinette. Think about those other folks (and those are a very, very few examples, by the way) who jumpstarted their real estate investing businesses in a BIG WAY just by being brave enough to ask for the help they needed in the RIGHT WAY in order to get it. So I’m going to make it very, VERY easy for you to get more information about how Chris works his magic. Of course, you can always text REITODAY no spaces no periods to 33444 to access the entire interview transcript in the REI Today Vault. But Chris here comes with some SPECIAL OPTIONS.

For starters, he’s going to make a LIVE APPEARANCE in the Atlanta area at the Georgia Real Estate Investors Associations (that’s GaREIA to friends) on March 14, 2016 at Wyndham Atlanta Galleria on 6345 Powers Ferry Rd. If you live in the Atlanta area and can stop by, you can meet him and hear his Keynote Training Address in person. And be sure to tell them at the front door that you’re a loyal Real Estate Investing Today listener and I’d love to come by and shake your hand myself as well!

Now if you’re not in Atlanta, I’ve got something for you, also. Go straight to www.REI.Today/grants and sign up for our exclusive Grant Funding Success Studies series. It’s completely free, and you’ll get case study after case study that demonstrates exactly what real people have done using government grants. It’s Real People. Real Stories. And REAL SUCCESS. REI Nation, there is no better demonstration than this series that your best investment is ALWAYS your own education.

About the Author

Carole Ellis is the host of Real Estate Investing Today, a popular 9-minute daily podcast focused on educating real estate investors about the important topics that will make their investing SAFER, FASTER, and MORE PROFITABLE. She's also the editor of the Bryan Ellis Investing Letter. She has more than a decade's worth of experience in and reporting on the real estate industry and, additionally, has written dozens of courses on the topic. Carole lives in Kennesaw with her husband, Bryan, and four children. She believes wholeheartedly that your best investment is always your OWN education.

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(8) comments

alain corbeil last year

Many thanks to you Carole, and also to Brian for everything you do.
I was wondering if there are some grants given to canadian residents who wants to start a real estate business and invest in USA?
Alain, if you haven’t already, check out http://www.rei.today/grants and get registered with the “grant funding success series,” which is free. I’ll see if we can get a Canadian in there ASAP. Also, the U.S. has foreign investor incentives, so that would probably be a good place to start looking. Then follow Chris’ advice, touch base in person, and see what you can turn up! Thanks for listening! ~Carole

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Randy Paul last year

Looking for funding to buy commercial Real estate. Its hard to find financing with bad credit. I had a lot of property and was foreclosed on all my property trying to start over in life. Do you have some ideas for me. They did a lot illegal stuff to foreclose on me.
Any time you are looking for unconventional funding, look in unconventional places! Investors offering creative financing could be the key for you. While you may not be able to buy a huge commercial building right off the bat, consider smaller multifamily as an option and look for landlords who *need* to let those properties go and get them off the books. It will take some legwork, but I bet you’ll find something! Other option is to partner with a larger partner who has funding. There *are* “gurus” out there who legitimately do this, and we’ll be presenting one of them in the near future. Just do your research and make sure anyone with whom you work has a history of actually working with students who bring legitimate deals if they’re offering to do so. Again, it takes some legwork, but if you don’t have the credit it could be worth it! Thanks for listening! ~Carole

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T.J.HALFORD,III last year

I have been in the commercial real estate business for many years but I have only focused on commercial projects which I have done many! I want to learn the Residential net work and start flipping and owning several residential homes for a cash flow for my retirement! I look forward to listening to more of your business tips.
T.J.HALFORD,III
Thanks, T.J.! I feel confident saying you’re going to love them! Check out episodes 14 and 15, which are about little things that can make a major difference on the residential side. And THANKS for listening! ~Carole

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Mohammad last year

God bless you , for sharing this information.

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massoud mazhari last year

Thx for very useful info.I have used Gov. Grants before & its real.

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Michael last year

Thanks Carole, I have been looking for a way to get capitol to fund my deals. I am just getting started, looking for Buy and hold , Buy and flip properties. See you Monday. Thanks Mike
what did you think, Mike? ~Carole

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