Recently I met up with an investor I met a few months prior at a conference. He was visiting his family and decided to call me. We met for brunch and for the next 90 minutes I learned about his family history, how & why he immigrated to the US, the various careers and jobs he’s held in life, his future plans, and his business ventures. In his career path and despite our age difference I was surprised we shared some common business experiences outside of real estate.
This came out of a simple “Hello” in the lobby of the hotel where the conference was held.
A couple years earlier, I met a person at a multifamily meetup and at the time I didn’t know who he was or what he did. With a simple “Hello” he turns out he’s a multifamily broker. Last week I toured a property that broker and mentioned I knew the area well because I grew up nearby. Turns out we went to the same middle school at roughly the same time!
The power of networking continues to amaze me. We truly live in a small world and in real estate it’s crucial. Partnerships and knowledge is shared through networks. Even though it’s a time consuming task the rewards are well worth it. BUILD YOUR NETWORK!