If you are already a real estate investor, then you know the importance of having a strong presence and influence in your local market. Let’s face it, most of us investors should be striving to be well-known by every other real estate professional (and all buyers and sellers) in our markets. Typically, the larger our circle of influence the more we are able to network and collaborate with others to grow our businesses. The old adage a rising tide raises all ships comes to mind.
In episode #15 of the Mobile Home Investing Podcast, I am proudly joined by my co-host, Steven. Steven is an active Mobile Home Formula member investing in mobile homes in western Minnesota and eastern North Dakota.
In Steven’s area there was little selection of where to network with other like-minded real estate investors and professionals. Steven decided to start his own real estate educations-social-networking club.
Author’s note: I consider myself outstandingly fortunate to work alongside some many great real estate investors and mobile home investors. What makes these investors “great” is not always their vast wealth of real estate knowledge or experience, but instead it is the rare ability to take action, ask questions, and never quit until success has been reached. Great work to Steven, and everyone else who takes action to further their reputation locally. Listen to the full podcast below to hear various ways to network without having to start your own club.
In the podcast below we jump right into the topic of starting your own real estate investment (REI) club group.
In this show John and Steven cover:
- 1:20 Some different types of real estate investment (REI) club platforms to choose from.
- 1:40 Possibly your most viable option to start a club now.
- 1:55 Steven’s REI club history? & where he saw demand?
- 2:30 How to test demand in your market?
- 2:40 Have attendees grown or shrank since starting Steven’s club?
- 3:00 What type of investor and folks have been attending?
- 4:00 Where does your group meet monthly?
- 4:35 Who are your speakers usually?
- 5:30 Has this group generated you more deals and/or leads?
- 6:25 What was the most surprising thing you’ve learned since starting your own REI group?
- 6:50 Do you compensate your speakers?
- 7:10 Is this a paid club? Or free for all guests?
- 7:50 How John came to lead a group of over 300 real estate investors with little effort? & How you can too?
- 9:00 Some to-do’s to seriously consider while attending your next local REI group meeting.
- 9:35 Choose a unique REI group sub-niche.
- 11:00 How to think of new and interesting topics each month?
