Defining Success in Multifamily Investing: More Than Just Numbers
Veena Jetti
Founder of Vive Funds and MultiFi | Forbes Councils Member | Multifamily Real Estate Investor
Hello everyone,?
Today I want to talk about an important aspect of multifamily investing…
measuring success beyond just financial returns!
In my business, money isn't the only measure of how well we're doing...
Let me explain why...
The True Measure of Success
Yes, returns and financial performance matter…
And it's crucial to ensure our investors are seeing a healthy return on their investments.?
However, success in multifamily investing goes beyond mere numbers on a balance sheet.
In this business, we strive for something deeper and more meaningful than just profits.?
We aim to build lasting relationships with our investors and create positive impacts that extend far beyond financial gain.
Investor Feedback: The Highest Compliment
One of the most telling signs of success for me is the feedback I receive from my investors.
When an investor refers their friends or family to us, it's the highest compliment we can receive.
It signifies that we're doing something right beyond just delivering financial returns.
Building trust and loyalty among our investor community is above all else.?
We want our investors to feel confident and satisfied with their decision to partner with us.
Personal Testimonials Speak Volumes
I often receive heartfelt messages from investors thanking me for how we handle various situations or for our clear communication.?
These personal testimonials are invaluable to me and are equal–-if not more—measures of success compared to financial metrics.
When investors take the time to express their gratitude…
It validates our approach and motivates us to continue delivering exceptional service.
So if you haven't yet
...it's time to reach out to your investors and ask them what their experience has been like with you.
Factors Beyond Our Control
You see, financial numbers can be influenced by various external factors that are beyond our control.?
Market conditions, interest rates, or unexpected events like floods can impact financial performance.?
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But what we can control is our commitment to our investors.
By focusing on building strong relationships and providing exceptional service...
…we can weather external challenges and maintain investor confidence.
Investor Relationships: A Direct Impact
The ethos and relationship we build with our investors are within our control.?
Cultivating strong investor relationships based on trust and transparency is a priority for us.
When investors express happiness or refer us to others, it's the ultimate validation of our performance.
Our goal is not just to meet expectations but to exceed them…?
…ensuring that every interaction leaves a positive impression.
Beyond the Numbers: Personal Connection
To me, success is about more than just hitting financial targets.?
It's about making a positive impact on our investors' lives and building lasting relationships based on trust and integrity.
Our approach is centered around creating a sense of community and partnership.?
We want our investors to feel valued and respected as part of our extended family.
Defining Success
In conclusion, success in multifamily investing extends beyond financial gains.?
It's about the relationships we nurture, the trust we build, and the positive experiences we create for our investors.?
While financial metrics are important...
they are just one aspect of a much broader measure of success.
Here's to Meaningful Connections
It's time to start focusing on what truly matters...
delivering exceptional service, fostering strong relationships, and earning the trust and respect of our investors.?
Together, we can redefine success in multifamily investing, one satisfied investor at a time.
Remember, it's not just about the money...
...it's about the impact we make and the relationships we build along the way.?
Love,
Veena Jetti
Real Estate Agent at preferred Real Estate Brokers , Commercial/ Multi Family Real Estate Investor Just a girl in a Ca$h Flow Bow keeping taxes low!
6 个月Veena Jetti this is why I feel comfortable talking about money in Multi Family investing, not to sell anything , but to rather help others in having their money grow and express gratitude with each other ?? Learn and grow with each other.
from Germany , we are constructor of prefabricated houses and apartments up to 10 floors , with new high technology and Nano construction Materials and with solar energy for electricity providing .
9 个月Your grateful consideration will helping people to have better life
Award-Winning Entrepreneur & Wealth Lawyer | Founder/CEO @directedira ($2.5B+ assets) | Senior Partner @kkoslawyers Podcast Host, Author | ????
11 个月?? well said. Focus on the people and your connection.