Lesson 67: What are the 3 Key Questions you need to ask a potential private investor? If you are looking to raise serious levels of private finance, perhaps I can help you. Would it help you to know what 3 key pieces of information I am interested in, when I first meet someone in property, and am looking to understand how we might work together? Hope so, as here they are. a. What are your goals and objectives b. What size is your investing pot c. What is your timeframe Ask 3 key questions when you first meet people at property events and other places. If their answers are suitable to allow them to further their goals by working with you as an investor with your or your projects, it is worth booking in a coffee to discuss further. You need to dig into their objectives - why do they want to earn the money they do, what is the underlying reason? Then you can assess if your projects will be able to be a good fit for their objectives. Great partnerships are based on a Win Win mentality, and by understanding your Investors requirements, you are on your way to developing a good working relationship. Hear from one of my JV partners, Simon, first hand what his ‘real’ objectives were in working with me. Susannah Cole Training Day: Simon Philips Experience Available to you: Membership of the Annual Mentoring Programme My team and I have done over 100 deals, achieved in 2 ½ years, and love working with people in property, at all levels and stages. We have a highly respected Annual Mentoring Programme, where you can gain from working with a professional property investor, on key topics of property investing, working alongside like-minded people. ow.ly/yl29Z
Posted on: Thu, 16 Oct 2014 11:02:20 +0000
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