What is the best way to build up a pipeline of brokers for dealflow?

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July 31, 2020

by a searcher from Winthrop University in 2000 GSP Dr, Greer, SC 29651, USA

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Reply by an investor
from Indiana University at Bloomington in Austin, TX, USA
Most brokers aren't worth talking to or working with. They will either ignore you or flat out waste your time. Further, very few brokers have much in the way of deal flow. I'd talk with others on the forum about who they've had good experiences with and then talk with those people. Build a short list of###-###-#### brokers in the markets or industries where you want to buy. If looking for tech businesses, talk with ^redacted‌. Solid guy.
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Reply by an investor
from The Tulane University of New Orleans in Los Angeles, CA, USA
Todd- In my experience, it takes time to build your network. One way to do it is to search for intermediaries on the web and offer one-on-one calls. If you do a few of these per day, you can build a 100+network in a few months. If you want to accelerate the process and don't mind spending some money, you can join networks like Axial to give you immediate exposure to deals from intermediaries that fit your investment criteria.
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