6 Easy Ways to Be Taken Seriously As a Newbie Investor

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In order to be taken seriously as a real estate investor, I must have experience…

In order to have experience, I must do deals…

In order to do deals, I must be taken seriously…

Hmm. Sounds like a Catch-22 doesn’t?

Well, fear not, young investor! You don’t need to have $1 billion in real estate or properties all over the world in order to be taken seriously as a real estate investor. As a matter of fact, here are a few easy steps that you can take now in order to build your “street cred” and show people that you mean business.

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6 Easy Ways to Be Taken Seriously As a Newbie Investor

1. Dress the Part

My folks always used to tell me that it’s better to be overdressed than underdressed. It was true at my junior prom, and it’s true today.

Related: Newbies: You Should Focus on Your First Deal And Nothing Else. Here’s Why.

Make a point to dress professionally whenever you plan on meeting with a bank, a property manager, a contractor, a potential renter, etc. Showing up in a suit (or at the very least some slacks and a button down) will do wonders for their perception of you, as well as your own confidence. Let’s be honest. Do you think a bank is going to hand over $100k to a 27 yr old wearing Old Navy cargo shorts, flip flops, and a cut-off sleeve t-shirt with the logo of an emo band they were in back in high school? Look, your band isn’t going to make it. Sorry. That was a decade ago. Take a trip to Men’s Wearhouse and take advantage of their buy 1 get 3 free deals.

2. Get a Professional Email Address

[email protected] and [email protected] are not professional email addresses. Please, for the love of the internet, get a new one.

Simple is effective. Get one that has some combination of your first, middle or last names. This makes it very easy to tell someone over the phone or in person. You also avoid a potentially awkward conversation when you have to explain to a commercial lender how to spell “[email protected]

Good luck with that.

3. Ask Questions

Are you about to meet with a potential property manager? Are you going to attend a real estate club meeting this week? Are you scheduled to sit down with your real estate lawyer?

If so, take a minute and write out a list of questions before you go. I learned more about the process for getting a loan approved by sitting down with a lender and asking him questions for 10 minutes than I ever could have learned from reading a book. Remember, if you are excited to learn, they will be excited to teach.

As Dale Carnegie said, “Talk to someone about themselves, and they’ll listen for hours.”

4. Practice Property Grammar and Spelling

“UR” instead of “You are” when texting your best friend = socially acceptable.

“UR” instead of “You are” when emailing the lending department at your bank = not socially acceptable.

Also, please don’t write in ALL CAPS. It’s like you’re yelling at the computer.

5. Provide Value

Just because you are new to real estate doesn’t mean you have no value to provide. Here’s a few ways you can do it.

Related: The Newbie Challenge: 30 Steps to Get Started in Real Estate in 30 Days

6. Be Yourself

If there is one sure-fire way for people to NOT take you seriously, it’s if you act like you already have all of the answers.

The real estate investment community is one of the most supportive and friendly groups in the world. This is primarily due to the fact that it’s a relationship built business, and everyone realizes that their next deal could come from anywhere… even from someone who is brand new.

So don’t claim to have done deals all over the world when you haven’t. Don’t claim to have organized $1 billion in real estate transactions when you haven’t.

Just be yourself! You’re probably pretty good at it.

What have YOU done to grow your credibility as a newbie investor?

Leave a comment, and let’s talk.

About Author

Tyler Flagg

Tyler is a pilot by day and aspiring entrepreneur by night. He started investing in April of 2014 and acquired three properties in the first 8 months. His goal is to become financially independent through real estate in order to free up time for travel and starting businesses.

38 Comments

  1. sandy salazar

    Great read! Thanks Tyler. I especially love the part regarding professional email. By all means you can keep your [email protected] for your personal emails, but like you said create a separate business email for your real estate ventures. I always laugh when I read tenants application and they have a funky email address that they made up back in high school and complain why they can’t get a good paying job.

  2. Anthony Gayden

    You missed the most obvious answer. Do deals.

    Before I did my first deal, no one really thought I was being serious. I’m sure that there are a thousand people out there who have looked at property or talked about buying property and never bought a single thing. When you close that first deal, everyone takes you more seriously.

  3. Lee Gloyd

    Thanks for this information. I’m starting out as a wholesaler, and wasn’t quite sure on the best attire to wear when dealing with sellers. I’ve read that it’s best not to be too over dressed yet not too under dressed either, but more so business casual when dealing with a wholesale transaction. I was also told by a local wholsaler that it’s best to look like an “average Joe”, rather than a business person as it would intimidate the seller. What are your thoughts as far as attire for wholesalers?

  4. Aleksandar P.

    Tyler, thanks for the post. Very good points.
    I am surprised that you didn’t put one of the most easiest and most effective way how to be taken seriously if you don’t have RE experience – learn RE Vocabulary! It doesn’t cost a dime (except your time) but it makes such a difference. Thanks!

  5. Colin Reid

    HA! I actually did walk into a lender’s office in shorts, flip flops, an old T-shirt, at 28 years of age, and they gave me $107k! I wasn’t PLANNING on doing that, though. We had already started the deal, all over the phone and email (which was when I got the professional email address) because the lender was 2 hours away. I “went to town” on a completely non-business trip and got a call saying they needed a signature. I was right around the corner from the office, so I went over and signed the documents they needed, looking like a college kid.
    Of course, if I had any expectation of doing business that day, I would have gotten dressed.

  6. David Grimm

    I like this list!
    I’m just starting out and have found that people take you more seriously when you offer something to them instead of ask for something from them.
    For example, I need some experience analyzing buy-and-hold properties, so instead of asking around for someone to mentor me, I offered to be a bird dog and find deals for anyone who will have me. People responded to this very seriously and I know the experience I need will rub off on me from the work I do for them.

  7. Ryan Corris

    Great read Tyler! Thanks for taking the time to put this into words! So much of what we need to do to be successful in life is often common sense type things. However, when your brain is spread out over so many new ideas and wondering what the first step is, common sense often take a back seat. I always told my own children as they were looking for their first jobs to dress up and look nice, even if it was a job in fast food. Anything that you can do to make a good first impression and stand out above your competition can make a world of difference and show your future employers and partners that you mean business.

  8. John Hamilton

    Great article Tyler!

    So much of this business, and life, is all about relationships. Family, friends, work, business, customers, etc.

    And you’re right that a deal can come from anyone. As newbies, it’s not hard to think there is no value. You have given those with this mindset to rethink their place in the RE world and sites like BP.

  9. don alberts

    Tyker, thanks for your views. I believe that Presentation is so important in all walks of life. If I want to be taken seriously I must look like I have the authority to contribute. Not going over the top but looking Professional is, in my opinion, the way to go. Have a Great Day. Don

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