The real estate expert, David Ebrahimzadeh has recently been looking to raise awareness among potential real estate investors about working with others to secure your investment. In the modern world, it is possible to purchase a fraction of stock to allow you to become an investor in the stock market, but you will often struggle to find a way of buying real estate without a large amount of money. There are several ways for you to expand your network and become a partner with others to achieve your dreams of real estate investment.
1. Use Social Media
The rise of social media in the last few years has been swift and taken the world of finance in many different directions. When you are looking for an investor to help you with your real estate dreams you should take a look at the chances of working with a group from one of the major social media sites. In general, we think of social media sites as not being professional, but sites such as LinkedIn and Facebook are providing groups for investors like yourself. LinkedIn may not have the sheer number of professionals spending their time on the platform, but this social media site is a powerful option for those looking for professional partners. Real estate investors play a vital role in social media because the market is moving in this direction and focusing on making new connections, according to Forbes.
2. Online Investment Platforms
In the 21st-century, we no longer need to spend our time with another person to win their trust. The online investment sector is growing all the time with investment platforms bringing together many investors from around the world. Nerdwallet explains the use of an online investment platform can be more difficult to navigate than most online investing options. You may have to have a large amount of money behind you if you wish to make your way onto many of the sites used to link investors to complete real estate deals. The SEC has strict rules for many online investment platforms that include a portfolio of investments totaling more than $1 million and an income of over $200,000 per year.
3. Real Estate Limited Partnerships
This is a more difficult way of completing your real estate investing goals, according to David Ebrahimzadeh. A real estate limited partnership brings together investors who share the risk of investing in a property. This can be a group brought together for a single group or to oversee the development of a series of buildings and properties. If you are looking for this option you will usually sign a contract for a specified number of years for which the partnership will work together. Investopedia explains the use of a Real Estate Limited Partnership will also require the payment of some form of a dividend throughout the life of the partnership.
4. Find Local Investors
If you wish to keep your real estate investment options in the local area with investors from your local area you must begin the process of networking long before the project is coming to a close. There are many ways to meet a local investor from spending time in their company with the local Chamber of Commerce an excellent place to start networking. Along with using the local business organizations as a networking opportunity, you can move into more personal space. For example, joining a country club or local gym in an affluent area will bring you into contact with people who may be willing to invest in a real estate deal.
5. Use the Warm Market
The so-called warm market is a difficult one to navigate for many real estate investors because it involves their family and friends. Many of you will look for different ways of completing your real estate investment deal without the use of funding from your family and friends but this is often an untapped market. Most people have a large number of family and friends who can be called upon to invest in a deal for a variety of reasons. This is usually known as the warm market for an investor to tap into.
The internet and social media have proven a gamechanger for many would-be real estate investors who are looking to have a positive impact on their own life and the lives of their fellow investors. By making it easier to meet and network with potential investors you will find yourself with plenty of opportunities to complete your deal positively.