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Updated over 7 years ago on . Most recent reply
How can I attract Investors?
Hello, (Not Selling a product, simply need advice)
This is my first official post on this forum. I have posted this same question on another forum as well. I wanted to get started early with my questions and not waste any time.
My question is quite straight forward: How do I attract Investors for a Raw Land purchase?
I would like to find a partner who has money to invest in a rather ambition Raw Land Investment. My current issue however, is finding out the best way to find an individual or group that fits my needs and goals.
As someone who is clearly looking to make their first land purchase, I obviously do not have a portfolio of past works. In addition, I do not have any kind of down-payment for a loan, or collateral. Thus, the reason I am seeking an Investor to act as a partner. It is my hopes, that the investor will see that value of partnering with an ambitious Individual who will be hands-on and will be located at the site during the duration of the partnership. Most land owners are typically absent and therefor sell land for less than its potential value. I am also looking for someone who may have a shared interest in the land and its potential uses.
What I do offer: Is experience in maintaining land, landscaping, construction, wood-working, metals, and a background is Real Estate Maintenance. My strengths, and what I would have to offer also include my past work experience and education. Currently I have a AA in Business and I am also a Double-Bachelor student pursuing a BA in Business and a BA in Art & Design.
The Project Idea: Basically I am looking to purchase a large piece of Raw Land located in Colorado that is cheap and has the ability to be sub-divided into separate section. The current pieces of land I am looking at are cheap due to many reasons. These reasons typically are that they have limited access by vehicle, or limited/no electric or sewage. The idea would be to place moderate access roads and access to amenities in these areas. After creating basic access, acreages will be measured and marked off for purchase to potential buyers.
The land itself will be available for development and will be located in underdeveloped areas. The land will be typically purchased for Building, Camping, Hunting, Hiking and recreation. Extra land will be marked off for rental to hunters, campers, hikers, and family gatherings.
If anyone has any advice on how I would be able to create a plan, structure, or concept to present to potential investors, please let me know in the replies. If you are able to tell me what my chances are for finding investors for a project like this that would be greatly appreciated. I have many skills but I am new to land purchasing and I am doing my best to learn while still being in College. Once again I would like to add that I DO NOT have money of my own to invest at this time. My value is my willingness to pursue this venture, and my various skills that will create value for the resale of raw land. Somewhere out there I know that there is an investor who is looking for someone who can help them achieve such a goal.
Any and all information that you could provide would be great. Things such as:
- How to find investors for this idea
- Idea potential/problems
- How to properly present potential investors with a coherent plan
- What to include in a potential plan/concept
- How to not have a down-payment (Borrowing from family not an option)
- Things an investor may want to see/have more information on
- Types of potential investors
- Average expected return on Investment
- Safe techniques on seeking partners/investments
- Potential Legal Issues
- Average repayment periods
- Credit needed
- What should my background look like?
Thanks everyone for reading. Look forward to responses.