A small-medium sized cottaging and retreat center is on the market, a place I've had ties to in the past, it currently runs programming for adults with special needs but has investment potential beyond that. I'm looking to purchase said property, however, as the fore mentioned question may suggest any advice is a help.
2 thoughts (as I've invested in and been part if a few real estate development projects).
1 - ask around and try and find friends who know people in the industry and ask for an intro. Don't go in asking for money, ask for advice - it works way better.
2 - search on Clarity for people who live in your city that have real estate experience, call and ask them for advice.
The key is to talk to folks who have done it, ask a lot of really good questions - and if you listen carefully and do what they say, they might actually ask to be involved but it does take a couple meetings - so don't blow it by going in for the ask the first time.
Answered 11 years ago
Congrats on spotting an opportunity and taking steps to pursue it!
First, I suggest knowing exactly what you don't know, so that you can find the right advisor, and make the best use of their time once you connect. SCORE can be a great local resource. EOnetwork.org has local chapters with members that may be of assistance. Meetup.com has lots of entrepreneurial/real estate groups. LinkedIn.com can help you use your social network to find people with the right expertise. Gust.com or Angel.co may help you find an angel investor.
Let me know if you'd like to chat about how to go about it!
Answered 11 years ago
Reach out to the previous owners and ask them for references for the necessary people.
Answered 11 years ago
Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.
Already a member? Sign in