Raising outside funds for deals?

[Arun Gokhale]

Hi All,

I'm relatively new to the world of commercial real estate. I've had a string of successes investing my own money and would eventually (after a few more personal deals) raise money from outside sources. I have 0 experience in this form networking. 

I'm wondering if it boils down to just mapping out an investment strategy and meeting with as many contacts as possible to try and generate interest? It seems like an OK plan, but I'm wondering if there's a more organized approach to take.

Thank you!

Arun

[Pat Parrillo]

@Arun Gokhale

I am also new to syndication deals and have found one of the best resources thus far in getting started being the information that @Michael Blank puts out on BP (just search his name and his articles will populate) and also check out his website 

http://www.themichaelblank.com/

He does a great job of walking through all of the steps from analyzing deals, networking, finding leads and closing deals. Simply put tell everyone you know what you are doing and the returns they can expect for X amount of investment dollars and ask them if they know anyone interested. Win-win as you either get a reference from them which leads to a warm introduction or they themselves say, yeah I want in. 

Best wishes.