Tips on pitching properties to friends and family
Hi ya'll!
I just finished the book Raising Private Capital by Matt Faircloth. Since finishing it my wife and I have been working on a pitch for our friends and family, as Matt suggests, and I wanted to see if anyone here had any tips in this department. Before I read the book I had pitched a property to a friend and he respectfully passed. After reading the book I see where I faltered and, in my eyes, failed him on an opportunity that was a perfect fit for him.
What were some missteps ya'll made on your first, second, third, etc. pitch to a private lender? Is there anything you would highly recommend doing or showcasing in the pitch? Thanks in advance!
Nathan