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Re: Make it a one-on-one activity...

Posted by Kawika Ohumukini on December 29, 2003 at 1:17 PM

In Reply to: Make it a one-on-one activity... posted by Ward-CA- on December 29, 2003 at 12:53 AM

: : Hi,

: : My wife and I are ready to start looking for deals and have 4 investors (friends, colleagues, and family) that we are scheduled to meet with in January one of which is a 20 year REI veteran.

: : Is there a good resource for how to handle the initial meetings?

: : Thanks,
: : Kawika
: =================

: Kawika,

: There are two books on the syndication of real property I can recommend:

: 1. “Limited Liability Company For Group Investments” from first tuesday (Realty Publications) in Riverside, CA

: 2. “Syndicating Single Family Homes” by Claire R. Fox, 1982 ISBN 0-9601530-6-3

: Both of these books suggest NOT hosting a group meeting with potential investors in lieu signing up your investors one by one. The theory is that just one sourpuss in a group can chill the enthusiasm of all the other attendees.

: So I don’t take the risk. I sign up my investors one at a time.

:
: Hope this helps.

****************

Ward,

Thank you for the book list, I'll take a look at them. I didn't plan on doing a group thing because of the reasons you mentioned.

Also, is it appropriate to send you email directly regarding your 3-day training session? I sent you an email to ward@foreclosureforum.com last week didn't hear back. If not I'll call instead.

Thank you for your time,
Kawika Ohumukini


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