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Updated almost 3 years ago,
To be Successful at Raising Capital?
The last two months I’ve been doing the research by reading books, listening to Podcasts, talking to people, etc. I’ve written out my goals for the next 10 years and 20 years for where I want to be. Wrote down my whys and am now formulating my hows. The first couple steps doing the research, buying my first duplex seem rather simple in comparison to steps that will allow me to scale. At some point I’m going to need to partner and raise capital from other investors. The partner aspect I get, but raising capital seems more daunting. I really want to study this aspect in great detail to be good at it. So with that, I have three questions see below.
Question 1: In your experience, what are the top 5 skills one should master in raising capital?
Question 2: What are the top 3-5 books I should read? (Michael Blank’s book “Financial Freedom with Real Estate Investing” seemed to have good tips)
Question 3: I know I will need a mentor as well. So what are the top 5 things I can do to add value to them? I want to add as much value to them as possible. They would be taking valuable time out of their day to mentor me. I want to make it worth their while to invest time in me.
Appreciate all feedback even constructive criticism!