Hi there everyone,
I'm after ideas your willing to share on becoming a money magnet.
I am a developer. I mainly do land sub-divisions and are getting frustrated with the limits of the banks lending system.
It is time the I expand my business and use Money Partners and/or JVs?
My question is how do you attract them?
How do you sell your investment to investors as a safe one?
Thanks in Advance
John
Your problem is that you are not allowed to advertise for joint ventures because of ASIC. You are only allowed to approach 5 people a year I think was the rule unless you submit a propectus that is approved by ASIC.
I have thought about this problem myself as I have limited income and realise I will have trouble affording property on my own.
I have thought up this possible method.
I would attend property investor meetings and get to know other investors.
If you are in Melbourne see https://www.propertyinvesting.com/forums/property-investing/general-property/4324824You could do the Money Magnet course advertised in the best seller section on the right of screen. Alternatively you could ask people you know without any paid advertising anywhere – try word of mouth it works quite well.
JulzThe Money Magnet is from Brendan Nichols
I have witnessed Brendan Nichols speaking at the Melbourne Property Investor Meetings and was impressed with what he was presenting.
Julz & Duckster,
Thanks for you replies.
I actually have done Brendan's Entrepreneurs Boot Camp which was fantastic and highly recommend it.
Like you mentioned i have to ask, and word of mouth.
John
JLtarra wrote:Im interested in joint ventures into property. Email me your plans to sovannayim@yahoo.com.au
You must be logged in to reply to this topic. If you don't have an account, you can register here.
