MSN Money Article stated to deal to with Real Estate Clubs that have been in Business for awhile, stating long they have been in business the better. I do not agree with that. In all Markets you need to look to what the club is doing and what there results are.
A Real Estate Investors Association is group of like minded people out to help each other on the common goal of real estate investing. A real estate investment association is many times referred to as REIA. This real estate investing group is formed for the continuing education and networking benefit of its Club members.
Real Estate Investment Associations meet regularly all over the country. They hold there meetings usually on monthly basis in the evening. Guests can usually come free to a first meeting or pay thereafter a meeting by meeting charge. Most of Clubs encourage Membership as that is how they get their source of funds to run on. Whether you are a new or seasoned investor, membership in your local association is a priority. There is old saying it's never too late to learn something new. These meetings are full of valuable real estate investing information. Learn from those who have been in the "investor land mine fields". Having a place and a setting for putting your dream team together through the networking, which is priceless? How many times have you heard, "It's not who you are, but who you know that makes you successful?" The people you meet at these meeting will move you to a whole new level of results by cutting through the red tape of investing. You can not believe what you get in value from the membership investment. It's having a successful local expert as your personal coach for one year of training on writing a success book and all you pay him is $100 to $200 dollars.
Individual members benefit from meeting both new and seasoned investors. What great places where newer investors go to learn and work for seasoned investors, finding them deals and getting paid while learning. That's right, they make money, learn the business without risking their own dollars or credit. Being Wholesaler of real estate is sometimes call being bird dog for the seasoned investors. Growing up I always heard the term "that dog don't hunt". This holds does not hold true in the real estate investing club business. Here the meaning is "this dog does hunt". The new investor will learn as they earn free from risk and pressure. They have the experienced investor along as your coach and mentor.
There are resources tables at the investor meetings where every one brings their fliers and business cards. This is great way for networking. A chance to get know each other and promote different recourses like Investor Real Estate Agents, Investor's Mortgage Loan Officers, Hard Money Lenders, Real Estate Attorneys, And Real Estate Minded CPAs, Accountants, Property Managers, Contractors, Home Inspectors, Title Companies, and Wholesalers? Real Estate Business Suppliers with products or services for the real estate investor seeking repeat business can network at their local REIA to meet potential customers. Like minded people working together can move mountains.
These REIAs and Real Estate Clubs invite national and local speakers and experts to teach their members new and innovative techniques that when applied, will bring success. A lot of National Speakers have investing courses, boot camps and home study courses for sale to the attendees. Having local experts at meetings who are doing what you want to do is priceless. Membership cost to most clubs range $100 to $200 dollars yearly. Some of the REIAs provide forms disk for their members. It is always advised that members check with their own attorneys before using.
What to Look for in a Successful Real Estate Investor Association (REIA)
1. Owners or board members invest in real estate in the market that club is located. Many of the most successful REIAs have expert real estate board members or owners.
2. They provide a good mix of local and national expert speakers
3. They have an online presence - they provide resources and information their members can access - like forms, seminars, and up coming event calendar, list of real estate terms and what they mean
4. Meetings are held regularly (at least monthly). Many of most successful groups have more than one meeting a month
5. Speakers give great value - they give more than promised
6. Membership includes benefits - forms disk, access to recordings of local speakers
7. Opportunities to network with like minded people
8. Local REIA to be member National Associations for investor club to gain advise and coaching.
You are moving to new city how are going to find out about the market and Real Estate investing Clubs are located? Do a Google search on any of following: Real Estate Investing Associations, Real Estate Investing Clubs, Real Estate Club, Landlord Clubs, Real Estate Investing Training Classes, Real Estate Investor Network, Real Estate Licensing Classes, Real Estate Investing, Real Estate Investing Courses, Real Estate Boot Camps, and REIA Groups.
Where to go for investing in Real Estate as home buyer or real estate investor for: Investment education, mentoring, classes, seminars, boot camps, free real estate forms, networking, and expert speakers. http://megaeveningevent.com/
Ralph Maupin, Co-founder of Nation Real Estate Network. LLC
Maupin.mark@gmail.com