Five Point for Joining Real Estate Clubs and Investment Organizations
Meetings of the Real Estate Investors Club of Ventura County offer excellent chances for attendees to network with other investors, agents, brokers, and anyone who are interested in the real estate investing industry. Attending a meeting at your neighborhood real estate club could also give you access to instructional material and business prospects. I attended as many monthly VCREIA meetings as I could when I first began investing. Because of the connections I made with a superb inspector, appraiser, and investor-friendly title company in 2021–2022, I was able to close some innovative deals for myself. For me, just three encounters were enough to justify the entire experience.
5 Tips for Attending Local VCREIA Meetings
Tip# 1 — Check Time & Location
Some real estate groups hold meetings every month at varied times and locations. It is always a good idea to contact them to confirm.
Tip # 2 — Network Strategically
Have a specific objective in mind before attending a local VCREIA meeting, such as the kind of investor, agent, or vendor you need to have on your team.
For instance, a contractor, real estate agent, escrow officer, or hard money lender.
Tip # 3 — Listen First, Speak Later
Attend the meeting as though it were a formal business occasion. Before you begin describing what you do, wish to do, or discussing transactions you are considering, observe and listen. Aside from the obvious, such as having a more seasoned investor enter the picture and scoop up a deal from under you (yeah, that can happen), you should take the time to identify other beginners like yourself, identify potential experienced deal makers, and determine who is merely looking to socialize.
Tip # 4 — Attend at Least 3 Meetings
To truly determine whether a VCREIA is the best fit for your investing approach, it may take at least three meetings. People, the meeting’s focus, and the time of day all matter. Example: In my region, there is one VCREIA that claims to represent all of the “Landlords,” and as a result, many of their meetings and educational events center on “cash flow investment.” You may see how attending this kind of VCREIA could not be very beneficial for a distributor.
Tip # 5 — Finding Deals & Money
Ask tons of questions. Use the relationships and the resources of the group to help you find or partner on deals.
