How to Source Capital By Partnering With Investors w/Joe Bell
Agent Investor Podcast - Een podcast door Tom Cafarella - Real Estate Investor & Coach - Donderdagen
Many agents who want to invest in some capacity feel limited by a lack of experience and more importantly a lack of capital. What we often overlook is the value that we bring to the table as agents - and how that value allows us to attract capital. Our access to deals (which we take for granted as agents) is something that appeals to the people with money, and if we partner with them, it can be a huge win-win. Because of the value of access to deals, capital should be the last thing holding us back from investing. How do we approach the people with capital in our markets - to make it a win-win? How can we have the conversations and ask the questions that help us gain their trust? What can being an agent allow us to do on the investing side? In this episode, agent investor, entrepreneur, and real estate coach, Joe Bell shares a simple way for us to enter the world of investing by getting clear on the value we bring to the table as agents. You might have limited resources and limited capital, but you can provide value by finding the deals. -Joe Bell Three Things You’ll Learn In This Episode The value real estate agents bring to the table: Many capital investors don’t want to hunt around for deals. Being an agent with the ability to find deals is a big value proposition we can bring to these people. We can take that to the market as an offer and use it to find deals. The combination of their money and our proximity to deals can be the basis of a winning partnership. How to start finding deals: As agents, we should already be a source of valuable information and we should be utilizing social media to showcase that expertise. We can find capital by putting out content that includes information about the deals we’re coming across in order to attract investors. If we’re not willing to have those conversations and ask those questions in our markets, we’ll never be able to find capital. Why investing is important for our communities: Investing is a way for us to keep wealth in our communities. When iBuyers take over our markets, they use the profits elsewhere. When we invest, we can keep the profits in our communities. We can develop our own markets and protect our real estate professionals from the players who want to wipe them out. Guest Bio: Joe Bell is an agent, entrepreneur, real estate coach, and founder of Legacy Beyond Listings. He helps real estate professionals build true wealth and create a lasting legacy through real estate investing. Providing support and help through private customized coaching, education, and done-with-you services, Joe gets his clients unparalleled results to skyrocket their real estate business and start building a legacy quickly. For more information, visit http://www.legacybeyondlistings.com/.