Monday, May 17, 2021

Jay Conner's Servant's Heart

“If you don’t have a servant’s heart and you are not here to actually make a difference and improve people’s lives then I don’t recommend you getting in the real estate business.” – Jay Conner

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Jay Conner has been investing in Real Estate for over 15 years. He typically makes 2 deals a month. He has bought and sold over 400 homes.

He had an 800 credit score and the bank closed his LOC. He needed to find a new source of funding. In the past eight years, Jay has never missed a deal because of funding.

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Chaffee-Thanh Nguyen started investing in Real Estate a decade ago. He dramatically changes and impacts the lives of thousands of people around the world as an Executive Success and Event coach with the likes of Powerteam International and Marshall Sylver’s Mind Power Inc. Chaffee also teaches at his own events.

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Producer: Scott Paton

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Scott Paton:

I want to share a story from one of your live events that I attended to, and you had a number of private investors at the event. And then afterwards, we all had sat and had dinner and I'm sitting beside this little old lady, she must've been 90. And cause a lot of what you've been talking about is great for the investor. It's great for you, it's great for the person that's selling the house. But one of the things that you never talk about, and I think we should talk about more is it's also great for the community and what this lady said really stuck with me. She said, you know, I was watching Jay for years and years and years before I actually gave him my money. And, she said, and what I was watching was what he was doing.


And he would go into a neighborhood that was little bit rough and he would fix up this house and it would be beautiful. And then he got people into the house who, you know, lovely little family, you know, family of four family of three. And they would look after that house and they kept it beautiful. And I saw him improve neighborhoods over and over and over again. And I thought, wow! He's really, you know, giving the community a good service. And I think I'm going to give him my money and she, I'm sure she was 10, 20 years giving you her money, but I'd really, that story really stuck with me. Right. It was like, it's, cause we just talk about rehabbing houses and like, what does that mean? And the houses that I've seen, that you rehab, they're beautiful homes. And sometimes they're in really nice neighborhoods. Sometimes they're in a little rougher neighborhoods, but how do you improve a neighborhood? It's like one house at a time and you're going in and you're doing that. And I think you're making a big difference in your community. And that's the other really strong benefit of the work that you do in my opinion.


Jay Conner:

Well, and what you just said that reminds me of this and that is, you know, a lot of times what we do real estate investors get a bad rap, get a bad name, you know out there to take advantage of people, et cetera. And as I say all the time, I mean mine and Carol Joy's frame of mind and all of my students, you know, I tell my students, I say, look, particularly if they're brand new, I'll say, look if you don't have a servant's heart and you're not here to actually make a difference and improve people's lives, then I don't recommend you get in this business. I mean, there's so many people that actually come out winning when you do this business right. You know, like if I'm buying a house with Private Money, first of all, the Private Money Lender, the individual wins because they're not going to get these types of returns that we pay through any other type of, you know, investment return.


The person that we're buying the property from they win, they have a problem, we're the solution to their problem. By being able to buy the property without them having to do anything to it, a lot of homes we sell on rent-to-own or lease purchase, you know, right now, 82% of the population can't even go to the local bank or a mortgage company and get a mortgage. Well, we saw a lot of homes on rent-to-own where we actually helped the people in credit repair while they're living in the home, get ready for a mortgage. So they win. We'd given them a path to home ownership that they couldn't enjoy any other way. And then we, as the real estate investor, we win by being like the orchestra director that makes all this happen.


Scott Paton:

And your community wins because they have a nice home where it was a piece of junk before.


Jay Conner:

Exactly.

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