
AAA317 Three Proven Steps on how to reach out to Passive Investors - Jeremy Porto
In this episode, you will learn:
- How Jeremy got started buying single-family homes using a HELOC from his mom's house
- To be a good syndicator you have to know how to be a good passive investor
- Being passive in someone else's deal teaches how to interact with passive investors in your future syndications
Agency Debt wants to see that you have experience
- Align self with someone else as a KP (Key Principle)
- It's a way to get into a deal with very little effort
Why Agency Dept is more desirable:
- 30-year amortization instead of 15 years
- 80% loan-to-value is also better
- Better Interest Rates
3 Steps on how to reach out to potential passive investors
- Somebody that you know but you haven't talked in a while, reach out and open the conversation without pitching them anything. Be genuine, catch up with them to see what they are up to.
- If real estate naturally comes up, offer to show them the deal package.
- Follow up, ask if they have any questions.
- How to tactfully ask friends if they have the money, and how much do they have
Connect with Jeremy Porto at
- (https://www.facebook.com/JeremyPortoRealEstate)
- (https://BlueRidgeInvestmentPartners.com)
To connect with Adam Adams, please book the best time that works for you here : calenly.com/adamadams/call
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Information
- Show
- FrequencyUpdated Weekly
- PublishedNovember 23, 2019 at 1:00 PM UTC
- Length50 min
- RatingClean