Property investment for beginners: How to find your first investor
Why looking for investors can seem tough at the beginning
Property investment for beginners can seem quite daunting. From research and planning to networking and deal-finding – the process can soon feel a bit tedious. However, finding your first ever investor can oftentimes be the most seemingly impossible task of them all. But it really doesn’t have to be. In this article, I break down some of the key areas to consider before looking for your first ever property investor and where to find them.
Firstly, let’s take a look at barriers new property entrepreneurs usually face when looking for their first investor:
- You’re not sure where to find your investors
- You don’t know what to say to the investor, even if you were to find one
- You lack the confidence in yourself to do what’s required to get investors over the line
- You’re not sure what you can say to the investor or what you can offer
- You don’t know how to structure the deal
How to find your first ever investor
It’s important to remember that your first step as a property entrepreneur is usually the most difficult. Like with anything you do for the first time, you will need to allow yourself room to learn, remember to be patient with yourself and not let yourself get overwhelmed.
For new property entrepreneurs, I always recommend thorough training and mentorship in order to equip yourself with the right tools, education and support you need for success. In these trainings, myself and my team teach you simple strategies you can replicate in order to build wealth through property, without using your own money.
The first step to finding your first ever property investor is to remember that everyone you know and meet is a potential investor. Investors are everywhere. Here’s where you can start looking:
- Property networking events
- Business networking events
- Contacts
If you look through your contact list, you’ll find that you may already have some architects, solicitors, accountants, structural engineers etc. It’s now time to introduce yourself as a property business owner and start building your relationship with investors, so they know, you like you and trust you.
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