Fundraising $250k+ per investor

[Taylor Vick]

Good Morning,

I currently run an investment fund that invests in commercial real estate.  We have raised about $6mm in capital thus far through friends, family and close business contacts.  How do we best take this to the next level?  What are your tips for fundraising?  We have an investment minimum of $250k, and hope to eventually grow to $25 - $30mm in capital.  To clarify, I am not asking for investors or advertising an investment.  I am looking for advice on how to fundraise.  Thanks!

[Taylor Vick]

The basic method thus far has been:

1. Casually tell everyone I know what I am doing 

2. Make note of those interested

3. Reach out directly to other people I know who may be interested in such an investment

4. Have a quarterly investor presentation where we showcase our portfolio and strategy.  Our brokers, current investors and potential investors are all invited to the meeting.  At that meeting there will be new properties we would like to acquire, and we give a specific amount of money we are trying to raise.