Real Estate Investment Groups
If you have been looking for stability in what seem to be extremely unstable times, more than ever it is going to be extremely beneficial for you when you get together with like-minded individuals for an exchange of ideas and learning how to get the most from your real estate investments.
Real Estate Investment Groups gives you direct access to some of the top investors in and around the nation. Regular meetings are conveniently scheduled so that you can come hear it straight from the horses mouth and learn what you may be missing to turn your investment portfolio around.
It does not matter if you are looking for a primary residence, commercial property or real estate investment opportunities in the greater Los Angeles areas. Their diverse and successful groups of speakers have all of the information, all of the tools and all of the keys that you will need to begin opening up new opportunities in real estate investing.
When you first begin in any field of study, you will soon discover that all of your friends and family have their very own ideas and each and every one of them will give you every assurance that they are right. However, when it comes time to make the actual investments, see how many of your friends stick around … much less put their money on the table with you.
Investing Groups bring in certified and experienced speakers who are already making money doing the exact same things that they will teach you. You now have the opportunity to learn from the experts with no holds barred. But if they are so successful, why would they teach you everything that they already know? Well the truth is, when you win, they win … and vice versa. Huh?
Real Estate is one of very few truly cumulative markets. What does that mean? It means that if one single home on your block is allowed to become rundown and ramshackle, that the price of your house is going to suffer as a direct result of that. It also means that as part of the local real estate market improves, it takes the rest of the market with it in the form of increased property values and prices.
You now have the ability to wait to invest at the right time but should you wait until the market bottoms out before you invest? The easy answer would be to say yes but as long as people are selling and nobody is buying, real estate prices will continue to fall. Once people begin buying those properties, the prices will begin to rise again.
Simple rules of supply and demand definitely apply when you are investing in the real estate market but you also need to have years of experience if you want to be able to increase your chances of success and minimize your risks. With Los Angeles Investors Prosperity Group, you can get in your next property by investing in real estate at the right time, for the right price and increase your profit margins exponentially … but you may not want to wait for too long, you can rest assured that other investors will not.
The Benefits of Real Estate Investment Groups to a Beginner Investor
In discussing Real Estate Investment Groups, it could be true that you have a good knowledge of investing in this sector but the fact remains that what you know could be just a scratch of the surface of this thriving market. Well, as a beginner investor, it would interest you to know that as long as there is great potential in the real estate market, there are no hundred percent assurances that you can successfully make it. However, to be on the safer side, the more you know about means of cutting down on the risks of this type of investment market, the better for you.
This is where Real Estate Investment Groups come in. Since it is more beneficial to weigh the advantages and disadvantages of given investments and make good choices instead of making avoidable mistakes and counting your losses, it is therefore advised that you rely on this option to succeed in this venture, especially as a beginner. Now this body is simply likened to small mutual funds. It works perfectly for a beginner real estate investor who does not wish to go through the hassles associated with being a landlord.
How does Real Estate Investment Groups help you out? They do this by building sets of condos or apartment blocks which are then sold to interested investors which automatically make them part of the group. If you wish to own a single unit of self-contained living space or multiple units, it is all up to you and since the company at the helm of affairs of the investment group is saddled with the management of the units which includes maintenance, tenants interview, adverts of vacant spaces and lots more, you can go for multiple units in order to maximize your profits even as a beginner investor.
Now you are beginning to wonder if all this help from the Real Estate Investment Groups is for free. It is absolutely not free. What then is in it for them? The group gets compensated for its management services by collecting an agreed percentage from the total monthly rent accrued from the number of units you own. It is that simple. It would however, interest you to know that these investment groups come in varied versions and quality. What this means for you as a beginner real estate investor is that, if you wish to make the most of your efforts initially, proper research should be carried out prior to making a choice of an investment group. Yes, research is the watchword.
The Importance Of Adding To Your Real Estate Investment Group
But teacher, the computer gremlins ate my homework!!!!! Unfortunately, that is what happened to my well crafted article for last week, right before I left to teach classes at the Learning Annex in New York.
The good news is that after being in NYC, I can now give a really strong example about today’s topic which covers what to do once you have found ( or created) a great real estate investment group. What MOST people do from human is exactly opposite of what it takes to be a part of a real estate investment group that yields outstanding investments time after time.
It is human nature to believe that if you have something good, you don’t share it with others for fear of not having enough to go around. Psychologists call this a “SCARCITY” model were people believe that there is only a finite supply of anything worthwhile. Coming from a very conservative background, where I grew up the son of a college professor, I was cursed with this scarcity belief.
As I started to gain more and more success, the more I realized that many successful people believed exactly the opposite of me: that is, they believed that by working together and sharing, you could produce an INFINITE supply of whatever was wanted. This is what experts refer to as an ABUNDANCE model.
So how does that apply to us? Let me give you the example from the Learning Annex. During our last night, we had a person in attendance that has been with our group for some time and has participated in multiple projects. This person is a full time real estate investor, is very savvy in her choices, and it’s a big believer in the power of real estate investment groups.
Afterwards, we got talking about how she might be interested in purchasing multiple units in our N. Tampa project and probably would also know others that were interested. To her credit, she did not want to “hog” too many units for either herself or others outside of the GetPreconstructionDeals.com real estate investment group.
In my opinion, this person could SUBSTANTIALLY INCREASE the ability of others in our real estate investment group by telling others now. Yes, we may run out on “this project” but now let’s look complete the chain of events:
1. Some people cannot get into the project because it is sold out;
2. Because it is sold out, several developers take notice and want to offer special incentives to the real estate investment group;
3. Another good project is offered and because of more people are around, a substantial number of properties are consumed, some of them by people who could not get in last time.
4. In turn, this continued activity attracts even better opportunities by developers
5. Because the opportunities are continuing to flow, more and more people are attracted to the real estate investment group;
6. The process simply continues providing an ABUNDANCE of opportunities for all.
Now, suppose you do the opposite and individuals decide that it is a bad idea to grow the real estate investment group. Now what happens?
1. First project, everybody gets to participate and is very happy;
2. Developer’s notice what occurred and want to work with the real estate investment group;
3. Next project is offered but VERY FEW people participate because they are personally tapped out since many in the group only want about 1 investment per year;
4. The real estate investment group now has difficulties getting good projects in the future since developer’s don’t know if it will work.
Let’s do a real life, current day example. Right now, we are in discussions with a mid-size developer for getting access to about 40 units of a project that we think will truly be awesome. But what this developer NEEDS our real estate investment group to do is take 40 units VERY QUICKLY to greatly assist in their financing program.
For our real estate investment group, if we can solve the developer’s problem and get good investments for ourselves, they have another 160 units coming several months behind this project; i.e., increasing opportunity for EVERYONE. It is our personal stance that by feeding the below cycle, EVERYBODY in the real estate investment group wins over the long term.
Joining a Real Estate Investment Group
Real Estate Investing (REI). If you’re like me, you probably been looking for a way to enter the real estate industry without getting burned or from some Guru or Educational system turning you upside down and emptying your pockets. Sometimes, trial and error is needed to understand where you’re at and where you need to go. Unfortunately, if you don’t see any results or a paycheck, you’ll find yourself trying to locate the exit faster than you intended. Without some type of guidance or structure, RE investing can leave a bad taste in your mouth and prevent you from becoming a success story.
Experienced RE Investors with money have no time and novice RE Investors have time but don’t have the money. How do you solve this problem? Every website, webinar or investor has the answer to achieving your success. Furthermore, every system and technique sounds worth investing your time and money into, whether it’s a commercial on TV or an email you received from a salesperson for signing up on their website, all this material and marketing flooding you makes it difficult to make a decision on what’s best for your investing career.
Finding a mentor or a group of experienced investors could be time-consuming and unobtainable. Where would you begin to search or reach out to find such a source? Anyone I have spoken to just starting off RE investing, ALWAYS knows someone or ALWAYS has something in the pipeline. Frustrating to say the lease. In their opinion, dealing with a novice investor that doesn’t have money to invest and that also needs education, usually struggles in making money in the early stages. You could months without making a dime, months before working with the right people to get solid deals or months without expanding your knowledge because you don’t know what works. This type of beginning could ruin your desire for RE.
Most recently, I became associated with a REI Wealth Network that helps seasoned and novice investors maximize their knowledge and earning potential. Having a network of like-minded investors, realtors, contractors and consultants that are trying to achieve the same goals in Real Estate is powerful. REI Wealth Network supplies one-on-one customized investment strategies, a walk through of first and all deals, webinars, educational courses and much more all in one place!
Getting into RE Investing and finding your first deal to make money can be challenging and intimidating. Finding a mentor or consultant to help you along the process can be even more daunting. There are many investment groups, clubs and associates to be members of. Do your research and find what suites your investing needs whether it’s; rehabbing, rentals, fix-n-flip, wholesaling, etc. RE investing has some many channels and avenues to choose from, where do you begin? Take a look at REI Wealth Network website to start or increase your RE career with members that have over 30 years experience who want to help expand your personal wealth while reducing the risk. Happy Investing!
Real Estate Investing and the Internet
Okay, so you finally decided to make the move to get into investing in real estate. You need to know where to start and what the most immediate tools are for you as a new investor.
Let’s look at the Internet.
Internet allows you to do all the research that you would basically spend days, or in some cases even weeks doing on” foot.” You could go ahead and spend your time going through and shopping through the local newspaper for handyman, contractors, and real estate agents or maybe even take some time thumbing through the Yellow Pages, letting your fingers do the walking.
The Internet allows you to do all of these things in a far shorter time, as well as give you an interactive result for any questions you may have. Let’s say that you want to go ahead and contact a real estate agent that you found on the Internet. You have the option of either sending them an e-mail, or more often than not you have a direct phone number to contact them and get your questions answered. The Internet can save you so much more time as a new real estate investor. It’s absolutely an obscene in comparison to how we did things as investors prior to it coming along. Make 100% utilization of the Internet; make sure that you’re on it, doing your research.
Building your team
The Internet allows the new real estate investor to build a team and get first-hand knowledge of the areas that they want to do investing in. For example let’s say that you live in Los Angeles, but want to invest in a small community in Houston. Now you have two options here. You can do with the tried-and-true method. Ask around wait for a response from someone that could possibly recommend someone to you in Houston. Or you could go right ahead log online and start looking for real estate agents. In that particular area that you looking to invest in.
My suggestion however is not to do either one. My suggestion would be to log on to the Internet. Look for real estate investing groups in the geographical location that you want to invest in. Why do you want look for real estate investment groups. Simply put, Word-of-mouth. THIS IS OF VALUE to you. You won’t have to necessarily walk into dealing with someone in that area of the country that you’ve never met. You can read reviews, hear firsthand accounts. Talk to people who have worked with them, and more often than not, get feedback. Ask questions, post questions on a local blogger forum section of that part of the country.
Continuing with doing your research and building your team using the Internet.
The internet has countless resources on it that a real estate investor can use. Mortgage Calculators, track interest rates, network with investors in your area of interest…as well as other areas of investing you may consider working in. You can find real estate investment groups from all over the country, as well as local real estate investment groups in your same area. You can literally find and interview new candidates for the skills that you’ll need to do your investments. Whether that’s a plumber, mortgage broker, real estate agent, or landscaper.
Let’s briefly discuss networking online.
You can login to one of the popular social networking sites such as Face book or MySpace, and look there for real estate investment blogs, groups or just to talk to other investors. Or, as previously mentioned, you can find real estate investing clubs and groups both in your local area as well as across the country. No matter how you do your networking don’t underestimate the value of it. Okay, let’s say that you’ve been thinking about getting into commercial real estate, but have no knowledge of how to do so. By doing your homework and networking you can find a vast amount of individuals who can help you get into commercial real estate investing and/or any of the side ventures thereof.
Finding like minded individuals is far easier when you have the Internet as part of your arsenal of weapons.
Real Estate Investment Tools
Real estate has emerged as one of the most favourable sectors of investment because of its high ROI (Return on Investment). However, investing in real estate is more than finding a home for oneself and requires a clear understanding of possible future trends and expected ROI. To aid in this understanding, many have adopted a scientific approach to real estate investment to go along with evidence-based investment sector tools. The purpose of such tools is to investigate the type and levels of risk and to measure ways to overcome the risks. The following approaches to using real estate investment tools are said to be effective and outcome oriented:
Basic Rental Properties
This tool is said to be as old as the tradition of landownership. The basic rental properties tool includes the commercial process of buying a property and renting it out. With this investment tool, landowners are responsible for paying the mortgages, taxes and any other liability on the property. In order to meet such expenses, a landowner must charge adequate rent to tenants in order to increase the margin for profit and subsequent ROI for their property. Basic rental properties are one of the most famous investment tools of real estate, yet the tool suffers from the limitation of low ROI as adequate time is needed to increase the value of the property.
Real Estate Investment Groups have gained popularity due to their mechanism of low risks and high return. These groups work as a mutual fund for rental properties and allow investors to get the benefits of real estate investment without the hassle of landownership. This tool enables investment through real estate investment groups, which disseminates the responsibility of buying, building and maintaining the property among the group. Unfortunately, an investor has to pay commissions to the group against the benefits of rental properties provided by the group.
This is an aggressive tool for extracting benefits from an investment, yet it is quite different from buy-and-rent property. The basic purpose of this tool is to gain as much profit as possible on a property within a short period of time. The time duration for this investment tool usually falls between four to six months. After four to six months, the investors try to sell the estate for maximum profit. This type of trading is also known as filling, which is referring to the commercial process of the buying and selling of popular or undervalued property.