Author Topic: Real estate investment association?  (Read 794 times)

Kroaler

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Real estate investment association?
« on: February 20, 2017, 09:52:51 AM »
Is anyone a member of their local real estate investment group?   My area has a local one that meets to discuss different topics and network about twice a month.   I was considering going.  You can pay a reasonable non member fee of 10$ an event (its at a nice venue)  or pay a yearly member fee.   


So my question, does anyone go to these meetings, and do you find it to be worth your time?   
« Last Edit: February 20, 2017, 10:27:59 AM by Kroaler »

rothwem

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Re: Real estate investment association?
« Reply #1 on: February 21, 2017, 06:57:36 AM »
i think it really depends on where you live.  The major one here in the triangle is just a pitch session with sketchy wholesalers and realtors trying to sell garbage, but I could see it being worthwhile somewhere else. 

Btw, how do you like Greenville for real estate?  I've had a couple recruiters contact me for jobs out there and its got the wheels turning thinking I might be able to do a little duplex house hacking in a new city. 

Kroaler

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Re: Real estate investment association?
« Reply #2 on: February 21, 2017, 08:15:00 AM »
Dont let me fool you! Im no pro, still working on my first deal.   From what I can see, I say deals are still here.  Not like 2010, but for reference all I do Is drive for dollars.  Ive got maybe 13 neighborhoods and 450 houses I drive every 2 months. (shamefully not enough)

From just my little bit, with no advertising, Ive found 2 motivated sellers who have the means and want to sell to me at wholesale prices.   I farm the Piedmont /Powdersville area (south of downtown Greenville maybe 10 miles) .

Greenville cityis way to competitive right now for me lol.   + I like farming neighborhoods around my house, makes it easy to keep up on them when im running errands.

If someone had the money, and time to wait, there are whole rows of houses on the "bad" side of greenville (West side)  that sell for like 35k.    The Nice neighborhoods keep inching closer and closer, so I think in the next 7 years (and its happening already) those 30K properties will shoot up in value and nice professionals will enjoy living close to downtown.

And thats just downtown, there are tons of deals in the county as a whole, but you better prospect them yourself, the courthouse sales routinely fill up the courtroom to the point that every square foot of floor space has someone sitting in it once the benches fill up.  Some of those people have very deep pockets and others will bid up the price to almost retail levels just to spite people.  In my opinion the courthouse foreclosure sale isnt worth the hassle and risk.


Thank you for your response about the association.  Thats what I was afraid of.  Looking at their schedule of events, it looked like it might be a giant circle jerk for their preferred vendors.   I still may go check 1 out just to confirm my suspicion.