How can I find a private real estate investor?
Posted by admin in Finance Sunday, 20 November 2011 23:22 4 Comments
I have found a local real estate Yahoo Group I recently joined. I am just beginning in investing as a bird dog and have some leads I’m going to contact but I need investors to buy the property. What would you recommend I post on the Yahoo Group to find investors to work with and hopefully find a mentor?
I suggest you http://for-finance.notlong.com
it will help you in resolving your problem keep using answers.yahoo.com
I would join a local real estate investors group…use google am sure you will find allot of them
Here is a quick video that I created to answer this question.
http://creativerealestatemadeeasy.com/blog/2010/03/how-to-find-hard-money-lender-yahoo-answers/
In this video I teach you exactly what it takes to find a hard money/private lender that will give you all the cash he can possibly handle when you are investing in real estate. I will teach you all the tricks and exactly what you need to say to an investor to give you the money you need for the property to you desire. Whether it is a single-family property that you live in or a $10 million mini storage unit that produced $40,000 cash flow every month.
If you are looking for a longer term relationship with investors you will have to demonstrate that you can make money for them. Before you advertise for an investor you need to develope a business plan to show what your planning on buying,Info on your team (realtor,home inspector etc.) how the money is going to be made, when and how they are going to be paid , your expertise and part in the business, why they should invest in your market and you(show demographics of area and potential growth factors etc.). You will also have to develope a joint venture agreement laying out all the rules (who looks after property,does reno’s and handles the business end etc.). Lots of prep work to do to be professional and business like. Investors need information to make decissions to invest. Once you have everything together you can start to meet investors. Again be professional.