| It should be noted that angel investors are a last | | | | most cases we are not speaking about for a limited |
| resort for funding your business venture or idea. | | | | number of months or years, but for the entire life of |
| When you honestly look at what they are doing, the | | | | the company! |
| term "angel" is only true if you are talking about the | | | | As stated above, if you must go this route to get |
| angel of darkness! Now understand there is a time | | | | the funding you need, by all means, do so. If that is |
| and place for everything and some folks are indeed | | | | the case, get hooked up with someone that can |
| forced to take the aid of one of these real estate | | | | facilitate a smooth transition and someone that can |
| angel investors, but if you can avoid it, do so at all | | | | introduce you to a honest player. You are much |
| costs. | | | | better off though, not to use an angel investor. We |
| Most real estate angel investors are simply joint | | | | are constantly assisting individuals that thought they |
| venture partners. They want to come in and help a | | | | needed an angel investor, only to be taken to |
| person with their financial needs right? Well, yes and | | | | sources such as ultra unique sba loans, unsecured |
| no. You see, in most instances (and I say most | | | | lines of business credit and other private lending |
| because there are those that do not fall into the | | | | sources that are geared only to assisting real estate |
| greed category), an angel investors is nothing more | | | | investors. This is a far cry from the traditional real |
| than a glorified joint venture partner. With these | | | | estate angel investors. |
| investors, they will want to monitor your business | | | | To sum everything up, make sure you exhaust |
| activities and in some cases, they want control or at | | | | every avenue before deciding on giving up a |
| the least consulted on major and minor decisions alike. | | | | percentage of your deal or business in general. |
| They also will take a share in the profits. Again, in | | | | |