Question Details

Greg,  in 94043

What's the easiest way to become part of a Real Estate investment group?

Asked by Greg, 94043 Tue Dec 18, 2007

My first thought was to buy a second property as an investment, but I'm not quite ready for the financial burden of additional mortage(s). So my second thought is to become part of a group of like-minded investors. None of my immediate friends/family currently have the resources, but I'm hoping there are known groups that are looking for potential investors.

Help the community by answering this question:


REIA(Real Estate Investment Association) is the national association of investors. It is a great group to belong to and is not much to join. You can look up all the chapters in the country by going visiting and you'll find all you need. Good Luck.
Web Reference:
0 votes Thank Flag Link Wed Dec 19, 2007
Well, um, the easiest way to become part of a real estate investment group is to join one. There are numerous real estate investment groups and associations around the country, including many in California. I've pasted a link below that has a list of California clubs. And, yes, they're looking for investors. The going rate paid to investors, depending on whether your loan is secured by a first or second trust, can be around 12% plus several points. You'd be lending money on the purchase of a property at no more than 70% ARV (after repair value), so your investment would be pretty secure...though you'd have to do your own due dilligence to verify the numbers. Or, there are a number of other ways you could invest as well. But, first, visit one or more of the clubs. Get a feel for them--each has its own distinct personality--and see where you feel most comfortable and at home. Take it from there.

Good luck.
0 votes Thank Flag Link Tue Dec 18, 2007
Don Tepper, Real Estate Pro in Burke, VA
Hey Greg,

We all started out that way, so don't get discouraged. Many people will just never do it.., that jump is just way too much risk...and that’s ok. For those who want to get into investing, joining a group would be a great idea. I am an investor and work with other people who are investors, lenders, insurance agents, title personnel and Escrow Agents, so lots of exposure. In the beginning I was an auto mechanic, back in the day. I sat down with a pencil and paper and literally listed all the positive things that were associated with buying a fixer rental house and how to do it, then another list with the negative things that could happen and what the results could be. Pencil in safeguards. For every attack there is a defense.

This Trulia group is a good source of info for questions you may have. You will also find over time that you may like to have a few people you trust around you also, who are seasoned in the business. Get all the facts, do it like a Business Plan... be serious about it and never take it lightly. Remember too, No Risk... No Gain. :)

0 votes Thank Flag Link Tue Dec 18, 2007
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