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How to Find Investors for Your Property Deals
Manage episode 390706003 series 3504934
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In todays podcast Mark goes further in depth on how to find investors for your property deals.
Mark mentions how learning about the specific strategy you want to go down is crucial.
Especially when you are doing a joint venture, they would want to see how good you are with numbers so make sure you are set before locking in a deal or partnering with an investor.
How to work out on a return? Let the investor see the deal and let them decide the %, In most circumstances they might say a figure much lower then what you was going to offer, This will also allow you to see where their headspace is at.
Look at creative strategies like vendor finance, making it flexible for both of you. This way you can add value to the property and sell it and split the profit with the landlord.
Make sure you know the numbers, do not do a deal without calculating everything and working out all the costs because the last thing you want is for this to get messy. Always have a contigency plan because the possibility of other problems occurring is always likely, in other words prepare for the unexpected.
Another important way to find traction and interest is to be consistent on social media, join groups and post on them. Show what properties your working on as this could attract investors.
VALUABLE RESOURCES:
- Visit www.pinFurtherLearning.co.uk to explore the complimentary training sessions and resources we provide to assist you in generating a sustainable income through property.
- Join our FREE pin Community Facebook group to meet other like-minded property investors and potential Joint Venture Partners.
- Attend your first property investors network (pin) Meeting for free by using the voucher code "BUZZ"
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