Meeting with a billionaire investor this week (advice)

[Ian Loonce]

I have a real life shark tank scenario happening this week .A friend connected me to a billionaire who is always looking for deal flow..My friend who is a builder in FLA has agreed to give me 10% if I find investors for his projects

We have are pitching a 22million dollar condotel on the water and also a 46 million STR on the beach..

any advice before the meeting would be appreciated, I am a fairly new to real estate and a bit nervous.

[Nathan Gesner]

Quote from @Ian Loonce:

I have a real life shark tank scenario happening this week .A friend connected me to a billionaire who is always looking for deal flow..My friend who is a builder in FLA has agreed to give me 10% if I find investors for his projects

We have are pitching a 22million dollar condotel on the water and also a 46 million STR on the beach..

any advice before the meeting would be appreciated, I am a fairly new to real estate and a bit nervous.

You have every reason to be nervous. I don't know what it's like to be a billionaire, but I'm guessing they didn't get there by listening to pitches from amateurs. In other words, you need to bring your "A" game and have some hard numbers to present or you'll lose them quick.

If I had a deal like that, I would be partnering with a top REALTOR, the contractor, and others to ensure this pitch answered every question asked. You need a pro that can talk about the current market and the future, and not just someone that says, "It's a really hot market!" You need the contractor to demonstrate the quality of his product and past performance. Do you have evidence the developer can pull this off? Meet deadlines? 

So many questions that I can't even think of on the fly. Start doing your homework!