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Updated over 5 years ago on . Most recent reply

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Reaching Out to Investors as a Newbie

Jamila Thompson
Posted

Hello!

I would love to get out there and connecting with investors in the NYC area.

I learned that it’s best to offer your assistance when trying to network/connect with investors. For example, helping them find a good deal.

As an investor, how do you think it’s best for a newbie investor to approach you when he or she needs help gaining experience? How would you respond if someone asked you to walk them through a deal? What tasks would you give the newbie investor to help you through this deal?

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Basit Siddiqi
#3 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
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Basit Siddiqi
#3 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
Replied

@Jamila Thompson

I think you can gain experience in multiple ways
1) reading books
2) browsing the forums
3) Analyzing deals
4) going to open houses
5) going to networking events

There may be investors who are willing to teach for free but there are also investors who value time and want some trade off before they teach/mentor/train you.

Obtaining a skill that an investor would find useful would be a good bargaining chip.

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Basit Siddiqi CPA
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76 Reviews

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