Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago,

User Stats

345
Posts
290
Votes
Jorge Abreu
Professional Services
Pro Member
  • Rental Property Investor
  • Dallas, TX
290
Votes |
345
Posts

Gaining Investor Trust and Timing

Jorge Abreu
Professional Services
Pro Member
  • Rental Property Investor
  • Dallas, TX
Posted

Credibility and trust can impact investing decisions. But we all know that trust does not grow immediately. Some investors, including friends and family, may take years to believe and invest in your deals.

Investors come in a variety of forms and sizes. Different preferences and levels of expertise. Throughout my years as an investing coach, I've realized that unlocking their potential is dependent on one thing: education, particularly when it comes to multifamily investments. It may take more time to educate them about the benefits and potential returns.
Consider this investor education to be a gourmet dish, with multifamily investments serving as the centerpiece. You'll need to expertly arrange a feast of knowledge that will have investors relishing every bite of the advantages and potential profits.I've observed that certain investors, including relatives and family, may take years to trust and invest in your transactions. It's crucial to be patient and persistent. Building it takes time, and it's critical to continue demonstrating your knowledge, track record, and integrity.

Asking for referrals is an efficient strategy to build trust. Many people underestimate the importance of referrals, yet it is a critical component of real estate investing. You can attract potential investors by simply asking someone whether they know anyone who is interested in investing. Building a network of like-minded people can lead to joint investments and new opportunities.

Now, consider the tax benefits. Who doesn't enjoy those, right? Some investors are all about reducing their tax payments and taking advantage of depreciation benefits. Show them the light! Educate them on the benefits of real estate syndication as well. Allow them to see the wealth-generating possibilities of these excellent investments.

Gaining investors' trust takes time, so be patient and persistent. As I previously stated, even loved ones may take years to trust and invest. It's a path that requires you to continually demonstrate your competence and establish credibility. Stay focused, continue to educate investors, and always prioritize honesty and integrity in your interactions. Trust me: the benefits will come!

Let's go!💥

  • Jorge Abreu