All Forum Posts by: Michael DiGiovanni

Hi Christine, Michael, and Marshall,

Thank you guys for your sincere feedback. Yes, I figured as much regarding the pitch. 

Also, do any of you have any recommendations regarding locating a mentor in my local area -- that being Seattle, Washington? I am sure you have all heard before that you become like the average of the five people you hang around the most. Unfortunately, after my first mentor became my business partner and ended up screwing me over big time, I have felt a burning desire to surround myself with those who have already accomplished the success I so long for in this industry. Truly, doing so would be invaluable.

Thank you all once again for the time taken to help a new investor such as myself. 

Hi Nick,

So far, I have attended local real estate investor meetings. However, everyone at these events is either just starting out or a vendor...

Do you have any suggestions on where to look and how to improve my "elevator pitch?"

Hello Everyone,

I am new to the real estate investing scene. Currently, I am a college student attending the University of Washington in Seattle trying to pursue my investing business full time. However, I have yet to meet any mentors that would be willing to help me stay on the right path to success -- without going off course and eventually crashing and burning. With that being said, I was wondering if I could receive some feedback on the following "elevator pitch" I put together if I were to come across a potential candidate for a mentor. Thank you all in advance for your valuable time spent helping me in this endeavor. Truly, it means a lot. 

Situation Prompt:

As you walk into an elevator, you notice you are sharing the space with a premier real estate agent and/or investor in the State of Washington. It's been your goal for some time now to network with someone of their caliber and expertise in the industry. You have 30-60 seconds to deliver your "elevator pitch" before you reach your desired floor. Your objective would be to introduce yourself, give a brief explanation of your business endeavours, and finish by exchanging business cards to eventually set up a time and date to take them out to lunch and see how you can benefit each other -- hopefully ending in an invaluable mentor for you as well as an important working relationship for your business.

My Response:

Good afternoon. My name is Michael DiGiovanni. I am a local real estate investor currently specializing in the process of wholesaling real estate. Presently, I am following what’s known as the staircase method laid out in my business plan which entails using the capital generated through the wholesaling process to finance our fixing and flipping deals, and finally using the capital generated through our fixing and flipping deals to finance apartment complex investments. With all this being said, I was wondering if you’d do me the honor of allowing me to take you out to lunch and ask you a couple of questions to see how we may benefit each other? *Hand out business card. It was a pleasure meeting you, and I thank you for your valuable time and attention.