Build Your Investing Team. Most recent reply. I understand that it's mostly about the mindset, ie, you want to "present them with an opportunity" vs "ask for money," however I was looking for a little guidance on what to say to initially bring up the opportunity to someone I know.
We constantly have deals coming in, however I'd like to at least have a few people that we have formally presented to that have agreed to lend if the deal is right before putting a property under contract with the intention of using private money to fund the deal. Do you have a few seconds? Great, well we present investors with opportunities to partner with us on real estate deals from time-to-time where the returns are much greater than what is normally available with other vehicles, such as CD's, IRA 's, or the stock market.
The partnerships are secured by real estate that was purchased at below-market prices to protect the investor. If you're interested in learning more, let's set a time where we can meet up for 15 minutes or so, so I can explain it in more detail. Do you have 15 minutes to sit down with me over the next few days where I can explain it to you? From there, if they're interested, I meet with them and go through my powerpoint presentation and explain how the lending opportunity would go, and explain how they'd get their returns and how they're investment would be secured, and so forth.
If they're interested, in that meeting, I'd give them a copy of our business plan, and get an idea of the type of deals they'd like for me to notify them about in the future. If they're unsure, I'd get their permission to "keep in touch" with them about how things are going, in the event that their level of interest changes in the future.
I know there's no "cookie-cutter" way to start the conversation, but I'm the type of person that likes to have a little structure behind what we do. Loading replies Restart Line. Get started. How to Manage Your Rental Property. How to Operate a Short-Term Rental. How to Passively Invest in Real Estate. How to House Hack. How to Flip a House. How to Invest in Commercial Real Estate. How to Invest in Real Estate.
