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THE BORING BIT This section we have aptly named ‘The Boring Bit’ because, well, that’s unfortunately what It is. However, this section also includes some of the most important information and is an absolute must if you are going to build a legitimate, successful sourcing business. It’s not sexy but it’s essential, so grab a…
STEP FIVE – SOURCING THE DEAL How do I find investors? So now you’ve got your investment area, you’ve found a cracker of a deal and it’s all priced and packaged up ready to go. Now you need someone to sell it to. Just as any business, the key to a successful, ongoing business is…
STEP FOUR – PRICING THE DEAL What can I expect to earn? How you price your deals is completely up to you. It will vary greatly from area to area and depend on the type of property you’re sourcing, it’s current condition, and its potential value after refurbishment. However, there are several ways you might…
As daily business commences, deals and agreements may fail to survive for ever. In some situations anger and confrontation may lead to false accusations, defamation and damage to a brand. In some cases desperate people will turn to attack the personal reputation or family of an entrepreneur.
The greater the threat a desperate person perceives to be pushing him or her against a wall, the greater the person will seek to fight.
STEP TWO – FIND YOUR DEAL How do I find investor-grade opportunities? Once you’ve identified your target area, you can turn your attention to finding, negotiating and securing property deals. There are a number of different ways to identify and acquire property but let’s start with the most obvious – Estate Agents. Estate Agents Estate…
STEP THREE: How do I present the deal to investors? So, you’ve found your first deal. The numbers stack up and your offer has been accepted. Now comes the most important part, sourcing process—packaging up your deal into an investment-grade opportunity that you can monetize. This quite simply involves transcribing the amazing deal you’ve secured…