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Updated about 3 years ago on . Most recent reply
How to connect with local commercial investors
Hi everyone,
I am interested in connecting with commercial investors and wondering if any long-time agents have tips (outside of cold calling). I am a relatively new agent, but not new to real estate investing. I found an awesome broker and am getting really excellent mentorship, but I'd like to do more to connect with local investors.
-Any in-person events would you recommend (for example, city council meetings?)
-Any real estate groups?
-Any paid advertising you've found helpful (for example, Yelp?)
-Are there any online networking platforms or webinars/zooms you'd recommend?
I feel like once I get established it will be much easier, and I see my career as a marathon, not a sprint, so I'm not going anywhere, just wondering if anyone has any tips outside of cold calling that have been effective for you.
Thanks in advance.
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You call and call and call and call. Probably more so than residential. You go to breakfast, lunch, and happy hour with the players....It's a long game as many holds are 3-5-10 years. So you may have to do this for 10 years before you get the deal.
Take your CCIM classes.
I've been to a couple of REDnews events in my area and it was full of the who's who in commercial real estate in my area, so check out if they have events in your area.
I think lead/cultivation time is often so long, that paid advertising is very small return, unless maybe you are doing targeted list ads in someplace like facebook.
There may be commercial divisions of your association, so I would take every class they have and attend every event.