How do I bring value to a new investor?
Hi
I’m a newbie to the Real Estate Investing world! My Dad is a contractor and one of his biggest clients is a really successful investor. He does fix and flips and also does buy and holds.
As a newbie, how does someone like me bring value to him? As I’m reading “How to Invest in Real Estate” by Josh and Brandon (amazing book) they talk about working for free for an investor.
From experience what are some things that investor need help with on a daily basis that someone new like me could help out with for free?!?
Or any other suggestions?
@German E Franco
Find the pain point for the successful investor and help eliminate it. Everybody has something they hate doing.
@German E Franco you're asking the right questions but not towards the right person.
Have you asked the investor what you can do to help? He/she will tell you how or if you can help. (This is how I started with my mentor)
Only other suggestion, if they say no thanks then either keep asking or find another successful investor that's doing what you want to do and ask them.
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Property Manager Texas (#717626)
- Emerson Property Management
@Cameron Tope This is great thank you!
@Kris H. Great point! Thank you
Agreed with all these so start there but I would also say finding off market or pre-market listings is always a way to become relevant. So doing phone calls to lists of rental property owners to ask if they'd be interested in selling and/or mailers to absentee owners, etc. also, buy a duplex and live in one half, FHA loans allow for 3.5% down. Get your investing career started ASAP so you can have first hand experience.
Good luck!
Agreed with all these so start there but I would also say finding off market or pre-market listings is always a way to become relevant. So doing phone calls to lists of rental property owners to ask if they'd be interested in selling and/or mailers to absentee owners, etc. also, buy a duplex and live in one half, FHA loans allow for 3.5% down. Get your investing career started ASAP so you can have first hand experience.
Good luck!
Originally posted by @Cameron Tope:@German E Franco you're asking the right questions but not towards the right person.
Have you asked the investor what you can do to help? He/she will tell you how or if you can help. (This is how I started with my mentor)
Only other suggestion, if they say no thanks then either keep asking or find another successful investor that's doing what you want to do and ask them.
Agreed. Be persistent. Call or text him every couple weeks - like clockwork. He'll see that you're serious and at some point need help with something.