Real Estate Investment Resume /Credibility Packet

[Kevin Wattenbarger]

BP:

After hearing on a couple podcast where the guest has spoken about real estate investment resumes and credibility packets, I am wondering if anyone would be willing to share one they've created? I am not new to REI and have a decent sized portfolio but am looking to grow and get into bigger deals. I am at a point where I have reached a ceiling with my primary lender and need to find alternative lenders to work with. My goal is to make a good impression and be easy to say yes to. I plan to work with a graphic designer to create the majority of the packet and be able to insert private information, PFS, current rent rolls, credit reports, etc. One thought process was to basically take a PFS statement and put it to pictures and key metric data with the properties I own. Any other ideas on must haves? Outside of potential lenders, I could also see it being used with potential partners and possibly sellers to establish credibility. I am working on an outline to provide to the graphic designer and need some help focusing in on the information and style to present to accomplish my main objectives with the packet.

[Brian Burke]

@Kevin Wattenbarger the three most important things to include would be (in order of importance):  1.  Track record. 2.  Track record. And 3.  Track record. 

I’d leave out the PFS and the credit report. These packages can be easily emailed or handed around and you’ll have no control over whose lap it falls in. So leave the sensitive stuff for later (if ever—it’s not customary to provide that stuff in equity transactions and your debt folks are going to want current stuff or to run it themselves).

Since you have experience, flaunt it. Show pictures of the deals you’ve done and describe what you did, like “bought for $X, spent $X fixing it up and sold for $X” or “spent $X and increased rents by $X”. If you had investors, what return did they get?  Before and after pics are nice.  Include how long you have been doing whatever you are doing, how many deals you’ve done, etc. 

Then describe your plan, the type of properties you’ll be buying and what you are going to do and how you are structuring it. If you have sample deals with a financial analysis, put it in there. 

And don’t forget your track record. LOL