G
GlobalInvestor2018
New Member
Hi,
Have a few questions and would appreciate any seasoned property investors advice.
Originally from an Investment management background (mainly working in commodities) but came across some property deals that have been an introducer. I knew 2 Singapore investors looking to buy a few apartments in London. I subsequently found a small broker who had a few discounted properties and they were of interest to my Singapore investors. Now this broker only deals with a small number of properties so probably not going to be useful should other deals come available.
Now I'd like to get involved with more of these deals and as my partner is Asian British (Chinese British) we could target more Asian investors overseas. I've already had 3 other friends of the Singapore investors, from Taiwan, contact me. My partner been a Mandarin speaker (also works in a sales job) has been helpful filling some language issues.
My questions are -
1. How can I source more under valued deals - is this by screening myself? Going to vendor making an offer at discount then going back to my client, charging a retainer and offering him the discounted property? I'm happy to consider this but also are there a list of any good known brokers I can match with the investors I am starting to get with so they pay me a commission on investment deal?
2. How can I expand my investor client base? Obviously would be looking at East Asian investors but all investors from UK to overseas? How do most find their investors to contact? Cold calling - if so how are they sourcing them? Obviously website / social media / google ads etc but any other methods?
3. Finally, without a Chartered surveyor investment appraisal, how are you determining the value of the property to establish if it is below market value? Just do comparable analysis with similar sold properties locally etc?
Many thanks!
Sebastian
Have a few questions and would appreciate any seasoned property investors advice.
Originally from an Investment management background (mainly working in commodities) but came across some property deals that have been an introducer. I knew 2 Singapore investors looking to buy a few apartments in London. I subsequently found a small broker who had a few discounted properties and they were of interest to my Singapore investors. Now this broker only deals with a small number of properties so probably not going to be useful should other deals come available.
Now I'd like to get involved with more of these deals and as my partner is Asian British (Chinese British) we could target more Asian investors overseas. I've already had 3 other friends of the Singapore investors, from Taiwan, contact me. My partner been a Mandarin speaker (also works in a sales job) has been helpful filling some language issues.
My questions are -
1. How can I source more under valued deals - is this by screening myself? Going to vendor making an offer at discount then going back to my client, charging a retainer and offering him the discounted property? I'm happy to consider this but also are there a list of any good known brokers I can match with the investors I am starting to get with so they pay me a commission on investment deal?
2. How can I expand my investor client base? Obviously would be looking at East Asian investors but all investors from UK to overseas? How do most find their investors to contact? Cold calling - if so how are they sourcing them? Obviously website / social media / google ads etc but any other methods?
3. Finally, without a Chartered surveyor investment appraisal, how are you determining the value of the property to establish if it is below market value? Just do comparable analysis with similar sold properties locally etc?
Many thanks!
Sebastian