Posted by blucat on May 28, 2007 at 17:21:08:
Start talking to everybody you know about what THEY are currently investing in, how pleased they are, what kind of yield they’d like to get, what kind of risk they’re willing to take, how much they are interested in putting into a deal, etc.
Then structure your deal so it works for the investor and commence telling him & her what kind of deal you have, how strong it is, its potential for profit, etc.
I’ve been doing this for years and have a list of hundreds of REIs whom I include in my deals now when I put them together.
You want it quick, so better get off the couch and start in.
Your local REI group is a good place to start as you already know those people do have an interest in REI.
A lot of my investors have come as referrals from others I’ve talked to and I always make it worth their while by giving them a piece of my profit.