Hi, I have just returned form Australia and a person posted on facebook group asking for investors in his project.
He has not run a similar project before but has experience in hospitality.
With only an idea and no real asset or capital, How do I support him?
I see potential in him and his plans are also foolproof given he puts in effort.
He has good network with expat and many property owners (for rental).
Please suggest how to build trust and be sure investment is safe.