our local real estate meetings.
investment clubs or
associations will educate Real Estate Investment Clubs - An
you. It won't be book education, Example
but useful knowledge about your
local real estate market. The The local association that my
people there are investors, many wife and I belong to is AZREIA,
who have gotten wealthy investing or "The Arizona Real Estate
right in your town. This means Investors Association." I'll tell
you'll get meaningful and you a little about it. If you
specific advice on what is don't have a similar organization
working in your area, where to go in your own town, this may give
for an inspector or property you ideas for what to include if
manager, and many other tips and you start one.
based on real experience.
The association sponsors many
There are also the actual educational events and seminars
money-making opportunities that for reasonable fees, but the
you'll find. People there may regular meetings are once each
need a partner with money, or a month, and included in the
partner with time to find deals. membership fee. It cost $195 per
Some have properties for sale and year for the two of us to join.
want to save the sales commission As I write this, I am looking
by selling to one of the members. forward to tomorrow's meeting,
Also, if you have a business which will include a winner of
that's in any way related to real the TV show "The Apprentice,"
estate, you can make valuable Kendra Todd, telling us how she
contacts. Handyman or landscapers made her first million in real
can often find business at our estate.
local real estate investment club
Speakers are great, but I also stand up and announce what they
like the regular events. Every have and what they want. The host
meeting starts with "Open writes their phone number on the
Networking," for thirty minutes overhead projector. It is
or so. It's an opportunity to sometimes something as mundane as
meet people, learn a little, and a microwave an investor needs to
take down names and numbers. We get rid of, that someone doing a
each have a name tag that also fixer-upper might need. Often, it
tells everyone what our primary is someone who has money but
interests are, ranging from needs help finding good
rental properties to fixer-uppers investments. I once announced
to wholesaling. that I was looking for a mobile
home park to buy, and I received
The monthly meeting then three calls within a week.
officially starts with
"Structured Networking." This The meetings are not formal
involves filling out 3 x 5 cards affairs. The millionaires in the
with your name, occupation, real room are as likely to have on
estate experience, and jeans as a suit. Everyone shares
investments you are interested a common purpose - to make money
in. This information is investing in real estate. In
systematically traded with fact, even if you have no money
randomly chosen others. It's to invest, you can do just fine.
surprizing how often profitable Just go find a great deal, and if
connections are made during this the numbers truly work, you can
process. probably find the money at these
meetings. It is just one more
The best part of the meeting is great thing about real estate
the "I have / I want" event. investment clubs.
Members (or even visitors) can
About the Author:
Steve Gillman has invested in real estate for years. To learn more, get a free real estate investing course, and see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com
Source: www.isnare.com
