Hi all - I am new to this community and recently started my search. Has anyone worked with https://www.smbdealhunter.xyz/ or know anyone who has?
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Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
Regarding sourcing, most deals they present to members, and those subsequently closed by members, are broker-listed opportunities. As a regionally focused searcher, it's relatively easy to aggregate my broker-listed deal pipeline, so I found the deal sourcing part of their offering less relevant.
Ultimately, I decided to pass on them for now, reasoning that if I need additional support in the closing phase, I can hire an advisor who specializes in the industry of my acquisition on an hourly basis/retainer. It is likely to still cost less than the cost of the SMB deal hunter program. However, if you are launching a nationwide search with more of an industry focus, they are a very cost-effective way to accelerate the sourcing process. There is nothing like waking up with a few good opportunities sitting in your inbox to review :)