Benefits of Joining Your Local REIA
REIA is an abbreviation for Real Estate Investing Association / Group. REIA groups or clubs as some are called, are an invaluable tool to meet people from all walks of life who have an interest in real estate investing and to learn all about the REI business. Members of REIA groups are like-minded groups of men and women “where deals and funding meet.” Companies have been formed, and deals have been made directly from the relationships developed and information shared at REIA group events. I refer to them as your real estate investor “watering hole.” Members attend the “Watering Hole” to learn and find deals and funding.
Learn more about the benefits of joining your local REIA group through the Infographic below:
Education - Here's a small list of topics you may see at your local REIA:
+ Getting Started
+ Foreclosures
+ Short Sales
+ Nothing Down Purchases
+ Flipping Properties
+ How to Estimate the After Repaired Value
+ Refurbishing & Rehabbing
+ Lease/Options
+ Finding Bargain Properties
+ Writing Offers
+ Building profitable partnerships
+ Marketing to Find Motivated Sellers
+ Marketing to Sell Your Houses
+ Buying Discounted Notes & Mortgages
+ Mobile Homes & Mobile Home Parks
+ 1031 Exchanges & Other Tax Issues
+ Property Management
+ Using Self-Directed IRAs
+ Lawsuit or Asset Protection & Legal Issues
+ How to Find Money for Deals
+ Creative Financing Opportunities
+ Tax Deduction Strategies
+ Commercial Lending & Properties
+ and so many more as well…
Networking & Events - In addition to the educational opportunities mentioned above is networking. Networking is one of the biggest reasons for attending your local REIA group meetings. This is a team sport. Whether you are brand new or a seasoned investor, having a solid Power-team and a large buyers list is critical to getting deals done quickly and properly. Attending REIA group meetings is the place to do that – your “Watering Hole.” Be sure to bring tons of business cards to share with other investors. Check out our Events Calendar for networking and educational opportunities at the West DFW REI Group.
Resources & REI Tools - Most REIA groups have a wealth of resources available to their Members. If you are looking for specific websites to conduct your due diligence, pull comps, services, etc., reach out to a local REIA group such as the West DFW REI Group Resources Page.
More Deals – Another BIG benefit to joining your local REIA Group is access to more deals. You can never have too much access to deals. Some REIA groups, such as the West DFW REI Group, offer a Property Listings page to help its members sell their deals faster by increasing visibility. All group members receive a free professional investor website to help promote and sell their deals fast as part of their membership!
Sponsors/Vendors You Can Trust – If you are looking for various contractors and service providers that you can trust, joining your local REIA group is a smart move. Typically, REIA groups only allow the best in the business in their groups as Sponsors. They want Sponsors that will take care of their Members. I use my grandmother's rule. If I sent my grandmother to one of our sponsors, would I be comfortable and be able to sleep at night doing so? If the answer is no, they are not allowed to join the group as a sponsor. To see a list of the West DFW REI Group Sponsors, visit here. These individuals and companies have been around for a long time and are highly respected in the business.
Other Benefits – Each REIA group has its benefits for its Members. It’s almost like having their own personality. Each group is different and unique. Some REIA groups include discounts when you become a Member, discounts for future classes, online access to educational material, critical REI investing/ legal forms, various REI tools to help you succeed, coaching, and mentoring. Some Memberships include free real estate investor websites to help sell their deals faster. Some groups offer no or minimal benefits to their members. Each group is different. Follow this link for a full list of benefits with the West DFW REI Group. Membership does have its benefits…
The collaborative spirit of REIA groups continues through breakfast meetings focused on timely and relevant topics and provides potential opportunities for many of its members. REIAs also hold several networking events in various locations to initiate, develop and enhance relationships among its members and guests. The goal is to build long-lasting business relationships in a social setting, not just to add you to a contact manager, email list or social media network.
If you value a real estate organization that focuses on the real estate investing business and places a high value on relationship building with an end goal of enhancing and growing our businesses together, consider attending one of our monthly events (or one of our Virtual events during COVID19) and consider becoming a member where membership does have its benefits.
To learn more about one of the best real estate investor groups in Fort Worth / North Texas and all the member's benefits, please visit www.WestDFWREIGroup.com TODAY! Don’t hesitate to reach out to our office with any questions you may have.
You can learn more about the group visit West DFW REI Group. Look around, see what we do, review the calendar and the resources tabs, and check out our member's property deals available HERE for you right now! If you have questions and need our help, contact us here, and we'll be in touch shortly.
To view additional BLOGS topics on our site, click HERE.
Come Network, Learn, & Do More Deals @ the West DFW REI Group.
The "Watering Hole" For North Texas Real Estate Investors!