I have an investor who has been studying another deal and another deal for a year and every time finds something ...
I have an investor who has been here for a year
Examining another deal and another deal
And each time finds something "wrong".
Twice it took him a week to decide to go on
2 different deals and… miss. Twice ..
Because another investor has already signed a contract.
I am ambivalent about such investors.
On the one hand, I do not feel like burning any more
And on the other hand, I want him to succeed.
What do you do in this situation?
As one who has examined several companies that market real estate, I understand him
For people who have not yet invested, and is probably such a fear of loss is greater than the desire to make a profit. Make sure he is aware that there are chances as well as risks and that there is no guarantee that everything will work out. Promises is PKM with a quarter of a percent. Only after he crosses this psychological barrier will he feel due for the investment, and to you I suggest offering him a first investment with a low theoretical return but also less risky and then there is a situation where he will dare.
You Can not steal in slow motion
When there is a good deal - respond and… .fast
From experience, your problem is that you want him to succeed more than he is willing to want to succeed (at this point in time)…
I say this with some reluctance because I rely on what you wrote…
Sure you asked him if he has invested in the past and probably not, this is the challenge with people who have a sum of money and want to be investors… What remains for you to understand from him is he really closed on the idea of investing in the US .. maybe you are running with assets and he still is Not sure that's his direction, check why he does not make a decision quickly (not a reckless decision but a quick one) Maybe it's sitting on something you did not reveal…
Good luck to you and…?
Good Morning
What types of transactions do you do?
Do you deal with lots and construction, rental apartments, apartments for improvement?
Let him talk to people who were hesitant who had already done it. This can help
You too will not give up! It took me two years to make the move .. It was not easy for me to transfer all the capital I accumulated overseas, probably in the hands of a "foreigner"