COVID-19 presents a number of challenges and an air of uncertainty for those of us in the real estate investment sector. During these tense times, it takes a different approach to find investors and source capital for our ventures.
Some people say: “just find a good deal and the money will find you.”
Does that ring a bell? We’ve all heard it.
Unfortunately, it’s NOT that simple.
Especially right now…with such HUGE stock market volatility that have affected so many people (and their retirement savings).
In reality, you need to have a bunch of investors who are already in the wings, ready to roll...
and THEN find a good deal.
...THEN it will work.
So how do you reach out to these investors when you have a good deal?
How do you get them to pay attention during all of this COVID Pandemic stuff?
Today we are going to hear from Dave DuBeau who recently spoke at the Flipping America REIA weekly meeting. This guy has some great ideas about how to raise private money and his presentation was absolutely inspiring. We will join that call in just a couple of minutes.
How to contact us
www.RogerBlankenship.com. Leave a voicemail right from the home page!
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Sponsors
American IRA: www.americanIRA.com
The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com
Announcements:
- The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
- “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.
News:
- Here’s a look at eviction statuses across the country: https://www.nreionline.com/multifamily/current-status-eviction-bans-state?fbclid=IwAR3Pl7fjfWzgXm_qUQ4wilhNTzmWybmqIR8DegcKQP-w0cPBa0CYefxYkrs
- The industry pushes back on the new FHA refinancing fee. https://www.housingwire.com/articles/housing-industry-turns-against-fannie-freddies-added-refinance-fee/
Topic: Contract to Closing Questions:
Motivational Thoughts for the day Warren Buffett series 'Risk comes from not knowing what you're doing'