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วันอาทิตย์ที่ 11 ตุลาคม พ.ศ. 2552

Growing Your Real Estate Business With Private Investors by Chris B. Jenkins

In the post financial meltdown we are living in getting funding for your real estate business is hard to acquire. Most banks are very stingy with who they lend money to, that leaves private investors as being the way to go when you are looking for investment money. So the question is how do I find private investors and put their money to work for me?

First work with a real estate agent, this is a valuable asset as the agents usually can put you in touch with potential lenders. Real Estate agents can also make the whole process of acquiring the property a lot more smoother than say doing so on your own. Consider them your eyes and ears as to what is going on in the market. They can also be a valuable research tool when looking at a property to invest in.

Always be professional, no investor is going to give their money to a person who looks like a caveman. Iron your shirt, make sure that your pants are pressed, have business cards to help give you that professional image. If you are inexperienced then be honest and tell the investor that. This is about a one on one relationship and there needs to be trust among the two of you. Remember you only get one chance to make a first impression, so make a good one.

You need to join a local investment group. This is a key tool that you need to put to your use. Consider it your personal networking source. This is where you will have your best chance to find other investors who may be willing to hear you out on your investment ideas. Get to know the other members this will prove to be valuable to you in the end as you will be surprised at how easy it really is to get private investing money.

I hope this article has helped you discover some of the easy ways that you can use to get funding from the private sector that will help you along in your real estate business.

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