OfflineI wanted your opinion on the best things to say when talking to investors, in general, but maainly IFD wanted opinions and help for this particular case.
I have been reading the 30 days to Real Estate Cash and I wanted to apply it on a different city, but I just found it really time consuming, given that I needed to put much more effort in because I was living in a different city. Now that I decided to do this in my city I found 2 different real estate investing groups. One is the real estate investing club, which meets once every 3 months and another that is just focused on flipping property. The meeting for flipping club is in a week and a half and I want to know what to say. I am a little intimidated by this because the people that go these meeting seem to be much more serious and expereinced than the ones going to the REI club. They want its members to learn how to flip and will help them and that is the reason why I am intimidated, because I wont flip property, only paper. I want to know what to say to these investors to attract them lesaland not get turned down in case these investors dont like wholesalers, even tho I doubt that is the case. I want to go in such a way that they will believe I can do what I say do while at the same time understand I need a little mentoring. It will be amazing if I ended up helping one of them, a JV partner like they call them, but just getting all tehir info and preferences would be a victory. What should I say?? Help me please!
Just say something along these lines. "I don't fix/flip properties myself, I provide discounted properties for those that do. So I thought this would be a good meeting to attend in order to connect with active investors. When I get a great deal, would you like to hear about it?" Then get their contact information.
Alfredo, you are in the fake it till you make it mode. You must present yourself as a confident professional. Maybe the first meeting you sit back and observe?
Reading 30 days is a great starting place, once you know and understand what Dean teaches in that book you should be able to hold a conversation with an active investor buyer.
Good luck,
Michael
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These meetings are a great place to network. Investors like birddoggers and wholesalers who can find them properties. Go with some business cards and hand them out. Get your elevator speech which is what you would say in about 30 seconds down and if you need to you will have it ready. Just be natural; you'll be surprised at how friendly most investors really are and will be open to networking with you.
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