Advice needed on raising capital as a newbie

[Matthew Russell]

Hello all, I am a new real estate investor (one house hack closed at the end of March). I quickly realized I want to get into bigger deals. I have since networked with several brokers and have made good connections with one in particular who recently sent me an off market 85 unit. He followed up with this owner owns about 1000 doors in various complexes all over the area ( capital region, NY). To get to my question I am asking, what is the best way to try to start raising capital with very little experience in real estate and none in commercial deals? any advice is welcome. Thanks in advance

[Jeffrey Donis]

I recommend educating yourself on how to approach it legally just to ensure that you are abiding by all of the SEC guidelines. Kim Lisa Taylor has a great podcast and book called Raise Private Money Legally that I highly recommend. Then you can start by reaching out to people in your network meanwhile building your credibility in the space by starting a thought leadership platform. This could be a Youtube page where you post educational content, a podcast, or other social media platforms. this will not only help you attract capital but will also help you have some kind of presence to potential investors that will serve to building your credibility in the space.