Vetting Investors · Multifamily Strategy Community

Vetting Investors

I stumbled upon a list of more than 150 investors in real estate. I’m calling through them to get them into a short list.

Ive done this for a couple days and yesterday nobody would talk to me… they were short and from my perspective a little rude. Then I figured out that I was approaching wrong and coming in way too hot to present my deal!

Last night I watched the “Managing Investors” series of videos in mighty. Christian says to become a master of the circle game.

Today I’m asking these contacts who may become investors questions to see if they are ready,willing and able. Then I ask what kind, how much, why and when. Conversations are flowing today and people are talking to me!

A critical thing about the investor’s why is, and I ask this question every time, “What’s ideal or more important to you; do you prefer upside or cash flow?” I mean would you rather monthly performance on your money or wait for the exit to be paid?” This question, framed like this opens the conversation wide!

If you have any suggestions as to what I could do better I’d love to hear it!

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