Friday, May 28, 2010

RealEstate Investing - Getting Started

I see many new realestate investors come into MAREI to learn more about real estate investing. They have attended the free intro seminar from some guru, saw a late night TV infomercial, and maybe forked over their life savings for some training program that is going to make them rich.


Now they are ready to get their hands dirty and get started. Then they turn to us.

One of the first things a new realestate investor needs to do is build their real estate investing team. Every guru and mentor out there will tell you this and they are right. I am telling you this for free. Even if you fork over Tens of $1,000s to get training, this is where you need to start. Why, because your team will actually help you find the training, the funding, the deals, and help you put it together.

The real estate investing gurus tell you to go find your local real estate investing association (REIA), join and meet the people there. Beyond that you don’t get much as they want to get into the meat and potatoes of what they are trying to teach you: rehabbing, short sales, marketing. That’s their expertise, not building your team. I guess they figure everyone out there can talk to people and network automatically. But from watching new people come to our meetings I find that that could be further from the truth.

So I have decided to put together a series of articles to help our new people and even our experienced people figure out how to utilize their REIA group and build their investing team.

Please watch for our upcoming articles:

1. Where to find a real estate investment club.

2. What to look for in a real estate investment club.

3. What to take with you to a real estate investment club meeting.

4. Get the most out of the vendors at the real estate investment club meeting.

5. Networking at the real estate investment club meeting.

6. Learning at the real estate investment club meeting.

7. Follow up after the real estate investment club meeting.

8. Beyond the real estate investment club meeting.

About the author: Kim Tucker is an active real estate investor in the Kansas City Metro area as well as the director of Mid-America Association of Real Estate Investors or MAREI. MAREI works exclusively with real estate investors who want to learn and success at real estate investing. Get more information at http://www.kansascityreia.com/ or http://www.mareinet.com./

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