Meeting with local investor, good questions to ask?

Meeting with local investor, good questions to ask?

Kernersville, NC · Member since 2017 · 12 posts · 0 votes

Hey everybody, I've been lurking around here from some time now trying to read and learn as much as possible. I am pursuing real estate investing and hope to end up doing mostly commercial properties. I've done a little networking here lately and happened to set up lunch tomorrow with a local investor! He owns multiple apartment complexes as far as i know and a property management company. I am planning to write some questions in a notebook and have a Q&A session. Just looking for some insight on what are good questions to ask that may be overlooked? Or questions that some of you wish you had asked/known before you bought your first property, or any property for that matter? I plan to ask the typical, how did you start, why commercial, anything you would change, what would you do if you were in my position. Looking for some beneficial questions that a beginner like myself might not think to ask. Thanks!

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  • Investor · NW Indiana · Member since 2012 · 833 posts · 197 votes
    9y

    @Josh Clinard I think for your first meeting you should just listen to what he has to say.  Don't get caught up with all the questions, because you might miss some valuable information they want to share.  Build a relationship with him.  That's more important and that also helps in that if you forgot to ask him something he is always willing to answer it down the line.

  • Investor · Chicago, IL · Member since 2010 · 504 posts · 191 votes
    9y

    Agreed, not really about the questions but rather the exploration of information and then analyzing it to create a framework then path of what you need to be doing in the opinion of the other person. That is typically how I address meeting someone new who does something I or a friend might want to do someday.

  • Kernersville, NC · Member since 2017 · 12 posts · 0 votes
    9y

    You guys are probably right, if I ask too many questions I'll probably get carried away. Thanks for the advice!

  • Rental Property Investor · East Wenatchee, WA · Member since 2014 · 10k+ posts · 16k+ votes
    9y

    What can I do for you?

    How can I offer you value?

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