How to choose a deal to "go for"? How to meet brokers?
[removed]
[{"id": "gejvwwk", "text": "How the hell did you build an investor network, if you don't know how to build a network?", "replies": [{"id": "gejxgb0", "text": "Work, it's a family business (not my family) and it's a tight knit extended community where I am.\n\nAlso, i have a friend who hypes me up a lot to his friends (hence the stress to find a deal). So they come to me saying they don't have time to find a deal, and I should help them.", "replies": [], "depth": 2}], "depth": 1}, {"id": "gejwhli", "text": "If I can realistically attain a desired IRR and I feel comfortable with the risk, I\u2019d be inclined to pull the trigger. No deal is perfect on day 1.\n\nIn my area, most deals happen off market. If a property is sitting on Crexi or Loopnet, odds are it\u2019s been passed on by a ton of people already. \n\nYou\u2019re going to have to dig a little deeper to find a decent deal. Also, if a broker is finding the deal, I\u2019m not quite sure you\u2019re bringing any value to the investors. Are you just doing the underwriting? \n\nIn any case, call up some decent brokers in the market you\u2019re interested in and tell them your parameters. If your buyers are serious, they\u2019ll go out of their way to find you something. Brokers deal with picky investors everyday. It\u2019s part of the job. \n\nJust out of curiosity, what are you looking for?", "replies": [], "depth": 1}]