Top 10 Investor Rejection Reasons and how to overcome them!

Top 10 Investor Rejection Reasons and how to overcome them!

Northern Kentucky · Member since 2018 · 9 posts · 4 votes

Clickbait title, sorry.  I don't have a list.  I was hoping to compile one with the help of the community.  If you just want to contribute one that you hear frequently and what you do to overcome it, we will create a list.  It will only help all of us.  Just add to the list in your reply.  Here are two that I face.

#1 I don't want to invest in a property outside of my area.

Rebuttal:  While I completely get it, the offered deal is in a market experiencing more population and employment growth than our area.  Additionally, this particular property is outdated/mismanaged.  There are numerous avenues to add value and the strong fundamentals in the area will support the anticipated rent growth.

#2 The hold time is too long.

Rebuttal:  What alternatives are you planning to invest in, I'm always looking.  All I have found are investments that require either more risk, or better timing than this offering.  If you are looking at putting the funds in a mutual fund, or some other similar vehicle, what returns is the manager projecting?  Here are the projected numbers for our offer.  This is a cash-on-cash projection.  This does not take into account for the tax benefits of being a part owner of the property.  You'd need to touch base and discuss with your CPA or other professional, but I feel like the bonus of the tax benefit puts our offer on a different level.  

Please add to this.  I want to compile this for my own knowledge.  

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  • Rental Property Investor · Steamboat Springs, CO · Member since 2014 · 278 posts · 100 votes
    7y

    Hey @Kyle Stevie! You got me! I clicked...  

    #3  You're to young!

    Dominate with your numbers.   Back up all your statements with research and data.  Show that you are willing to hustle and put the time in.  Hearing a "NO" is a good thing because it is a number game and you are one step closer to hearing that yes.  A true investor does not care how old you are if you truly found a real "deal".

    Cool topic!  Good Luck!

  • Member since 2019 · 3 posts · 0 votes
    7y

    May your problem can be solved here in dealing with Yellowstone Capital LLC. It is a funding company with good partners and having a team with years of industry experience in providing working capital. One of my friends deals with it to take capital help for his business. You can try there, maybe they can consider your factors rejected by others.

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