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Updated over 7 years ago on . Most recent reply

User Stats

49
Posts
11
Votes
Mike Evans
  • Investor
  • Midland, TX
11
Votes |
49
Posts

Networking with other investors to raise capital

Mike Evans
  • Investor
  • Midland, TX
Posted

I live in West Texas and I'm looking to purchase my first cash flowing multifamily property in Midland/Ector county within the next few months. I have identified and I'm working on putting a contract on an 80 unit property. I am looking to network with local investors in order to raise capital. Any suggestions and insight would be greatly appreciated.

I currently attend our local REIA meetings, I also host a monthly meet up to play the cashflow board game by Robert Kiyosaki.

I'd like to hear how others are meeting people that are interested in this type of investments. 

Most Popular Reply

User Stats

1,635
Posts
1,363
Votes
Michael Le
  • Developer
  • Houston, TX
1,363
Votes |
1,635
Posts
Michael Le
  • Developer
  • Houston, TX
Replied

@Sam Amir has some great ideas but I would caution throwing your deal out in the BP marketplace until you know exactly how you will structure your money raise. If you're doing a 506(b) syndication then you can not publicly advertise the deal because it's supposed to only be offered to people you've had previous substantive relationships with.

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