Finding The Right Investment Club
Getting into the investing group that’s right for you may take a bit of experimenting. To see what your existing real estate networking options are, simply type “investment club”, or “real estate investment club” into your search browser along with the name of your city, or a nearby large city if you live out in the country. Find out when and where the next monthly meeting is. The typical investing group will have at least one meeting each month, sometimes more.
Check the real estate networking group’s website or make a phone call to see if you can attend your first meeting at a discount or perhaps for free. Then go check out the club in person by attending the meeting. You’ll get a feeling right away if this gathering of real estate investors is going to be a fit for you or not.
Investment Club Checklist:
1) Are the meetings in a decent location that is not too far from you?
2) Is it organized and run well, do the meetings start and end on time?
3) Do the leaders seem to focus on education and support, or does it seem that all they care about is selling you into a membership or someone’s home study course?
4) Are the leaders of the investment club the type of people you want to emulate?
The answers to the above questions will help you to evaluate the various choices you have for investment groups near you. My suggestion is to visit each club in your area prior to selecting one as your home base.
What To Do If There Is Not An Investment Club Near You
If you can’t find an investment club near you, or if every location you’ve checked out fails to meet your requirements, then it’s not too hard to start your own investing group. The easiest way to get started is to find a local restaurant with a large back room that will allow you to have your initial meetings at no charge as long as you encourage your members to order something to eat during the meeting.
Keep your initial gatherings simple by allowing members to attend for free is they agree to help you with registration or running the meetings. To provide meeting content, get an experienced investor to share their best tips, or find a local broker who’s hungry for business that is willing to come in and talk to your real estate group.
As the leader of the real estate group, you are positioning yourself as an authority figure for the other group members to look up to. This helps to put yourself into a position where you are quickly building the trust and respect from your group members. Once you have your group established you’ll be able to easily meet potential investors for your real estate deals.
If your experience is like the other clients that I’ve helped then perhaps your real estate group could end up being one of your very best sources of deals for you. Whether you are just beginning investing or if you are an old hat, finding a good investment club to network, share or learn new ideas, or even just as a place to be able to talk real estate can provide the essential boost you need to succeed.
