| How real estate investment clubs and
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| | Speakers are great, but I also like the
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| similar groups can help you make a lot of
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| | regular events. Every meeting starts with
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| money, and give you a wealth of knowledge
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| | "Open Networking," for thirty minutes or
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| too.
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| | so. It's an opportunity to meet people,
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| Your local real estate investment clubs
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| | learn a little, and take down names and
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| or associations will educate you. It
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| | numbers. We each have a name tag that
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| won't be book education, but useful
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| | also tells everyone what our primary
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| knowledge about your local real estate
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| | interests are, ranging from rental
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| market. The people there are investors,
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| | properties to fixer-uppers to
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| many who have gotten wealthy investing
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| | wholesaling.
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| right in your town. This means you'll get
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| | The monthly meeting then officially
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| meaningful and specific advice on what is
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| | starts with "Structured Networking." This
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| working in your area, where to go for an
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| | involves filling out 3 x 5 cards with
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| inspector or property manager, and many
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| | your name, occupation, real estate
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| other tips and based on real experience.
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| | experience, and investments you are
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| There are also the actual money-making
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| | interested in. This information is
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| opportunities that you'll find. People
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| | systematically traded with randomly
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| there may need a partner with money, or a
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| | chosen others. It's surprizing how often
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| partner with time to find deals. Some
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| | profitable connections are made during
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| have properties for sale and want to save
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| | this process.
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| the sales commission by selling to one of
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| | The best part of the meeting is the "I
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| the members. Also, if you have a business
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| | have / I want" event. Members (or even
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| that's in any way related to real estate,
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| | visitors) can stand up and announce what
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| you can make valuable contacts. Handyman
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| | they have and what they want. The host
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| or landscapers can often find business at
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| | writes their phone number on the overhead
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| our local real estate investment club
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| | projector. It is sometimes something as
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| meetings.
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| | mundane as a microwave an investor needs
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| Real Estate Investment Clubs - An Example
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| | to get rid of, that someone doing a
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| The local association that my wife and I
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| | fixer-upper might need. Often, it is
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| belong to is AZREIA, or "The Arizona Real
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| | someone who has money but needs help
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| Estate Investors Association." I'll tell
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| | finding good investments. I once
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| you a little about it. If you don't have
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| | announced that I was looking for a mobile
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| a similar organization in your own town,
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| | home park to buy, and I received three
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| this may give you ideas for what to
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| | calls within a week.
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| include if you start one.
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| | The meetings are not formal affairs. The
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| The association sponsors many educational
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| | millionaires in the room are as likely to
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| events and seminars for reasonable fees,
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| | have on jeans as a suit. Everyone shares
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| but the regular meetings are once each
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| | a common purpose - to make money
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| month, and included in the membership
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| | investing in real estate. In fact, even
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| fee. It cost $195 per year for the two of
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| | if you have no money to invest, you can
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| us to join. As I write this, I am looking
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| | do just fine. Just go find a great deal,
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| forward to tomorrow's meeting, which will
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| | and if the numbers truly work, you can
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| include a winner of the TV show "The
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| | probably find the money at these
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| Apprentice," Kendra Todd, telling us how
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| | meetings. It is just one more great thing
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| she made her first million in real
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| | about real estate investment clubs.
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| estate.
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|
