Following on from last week’s discussion on financing vacant commercial property, we’re here to debunk another common myth in the property investment world:
“A good deal will always find the money.”
While a strong deal is undoubtedly attractive, it’s not a guaranteed ticket to funding. In this episode, we explore the importance of proactive relationship-building and strategic planning to bring the right partners on board for your next venture.
Key Takeaways:
- The Illusion of Effortless Funding: A good deal can spark interest, but it won’t magically attract investment.
- Building Strong Relationships: Cultivating connections with potential investors and lenders is essential.
- The Power of Networking: Leverage industry events, online communities, and social media to expand your network.
- Timing is Everything: Don’t wait until the last minute to start securing funds. Start building your relationships early.
- The Importance of a Solid Business Plan: A well-crafted business plan can help you attract the right investors and convince them of your vision.
Actionable Steps:
To increase your chances of bringing the right people on board for your next project, start building relationships with potential investors and lenders. Leverage your network, attend industry events, and utilise social media to connect with like-minded individuals. Remember, a strong network and a well-crafted business plan are key to attracting the right partners for your future projects.
Remember: A good deal and a strong network are the perfect combination for securing the funding you need.
“A good deal is essential, but it’s not a guarantee of funding. It’s the proactive pursuit of relationships and the strategic planning that truly unlocks the potential of a deal.”
JOIN THE NETWORK If you want to learn more about investing in Commercial Property, why not consider joining the CPI Network? We’re a community of active investors who collaborate, share experiences, and empower each other in our Commercial Property endeavours.
Useful Links:
CPI Website – https://commercialpropertyinvestor.co.uk/
Our Sponsors – https://commercialpropertyinvestor.co.uk/podcast-sponsors/
LinkedIn: https://www.linkedin.com/in/jerryalexander/
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