The Growth Circle Podcast Episode 23: Building Your Investor Network

In this episode, we delve into the essential strategies for building a robust investor list tailored to the real estate industry. Whether you're looking to sell or secure deals, understanding how to connect with the right investors can make all the difference. Here's what we cover:

- Understanding Investor Intentions: We discuss the importance of identifying what you aim to share with investors. Are you looking to circulate off-market deals or seeking deals for yourself?

- Types of Investors: We break down the different investor profiles you might need, including cash buyers, those preferring bank financing, or hard money lenders. We also explore the significance of understanding their preferred investment types, such as single-family homes versus commercial properties.

- Finding Investors: Discover where to connect with potential investors, from local real estate groups and masterminds (both in-person and virtual) to leveraging social media platforms like Facebook.

- Utilizing Online Resources: We introduce valuable online tools such as PropStream and ListSource, which can provide comprehensive lists of active property buyers in your area.

The episode highlights the necessity of having a CRM (Customer Relationship Management) system to organize your contacts effectively. This setup allows for ongoing communication, updates on investor preferences, and easier identification of matching opportunities.

Learn what information to collect from your investors—beyond just their contact details. Understanding their investment criteria, annual goals, and specific interests can facilitate more targeted and successful deal-making.

Lincoln wraps up the episode by emphasizing the importance of keeping your investors' best interests in mind. By actively listening to their goals and preferences, you can position yourself as a valuable resource in their investment journey, thereby fostering long-term relationships.

Whether you're new to real estate or looking to expand your existing investor list, this episode is packed with actionable insights to help you succeed.

Links

Prop Stream:

https://www.propstream.com/?utm_source=bing_ppc&utm_medium=msa&msclkid=e4d66564eeaa1326479c00b9b5a2f2e1

ListSource:

https://www.listsource.com/