Getting the Investor involved in the business

[Stacey Everett]

Typically, an investor clearly wants to understand the deal, the potential return, the potential loss, the "gotchas", and then make a decision on the investment based on all of the data. My company has an investor that has invested a nice chunk of change into our business where our primary focus is buy, fix, flip. We have recently completed our first deal which will provide a nice return for the investor. From the onset, our investor has stated that she wants to get "more involved" in our business. Not calling the shots...but something that will keep her active and involved. One of our thoughts was staging for us, but we currently don't do enough flips that staging would keep her very busy. Nor is she interested in keeping an inventory of stuff and having to move it back and forth to houses. She is an empty nester and her husband travels frequently so she really is looking to get involved. And frankly, it is getting to the point where we actually need to involve her or we risk losing a portion or all of the investment. Any recommendations out there on ways that you have involved your investor, or if you are an investor ways that you have gotten involved with the company that you invested in to keep active in the REI process?