REI – An Unstructured List of Why Real Estate Investors Attend REIA Meetings:

 

This week, I am covering REIAs. I will go over what a REIA is, how REIAs can benefit you if you are interested in investing in real estate, and how to find a REIA in your area. I will also provide details on how to find out about the REIA for the Houma/Thibodaux/Morgan City area.

 

 

What is a REIA?

 

REIA stands for Real Estate Investor Association. This is a group of like-minded individuals who get together to learn about, discuss, and network over Real Estate Investing. From my experience, REIAs are for anyone with an interest in Real Estate Investing (REI), from rank “noobs” to experienced real estate investors.

Meetings usually cover a topic for education on some aspect of Real Estate Investing, such as Tax implications (by an accountant), things to include in your lease (by a real estate attorney), and ensuring a property has a clear title (by a title expert).

Real estate investors also get the opportunity to network with one another. This provides opportunity to learn from each other and can also facilitate deal making. Investors have the opportunity to buy, sell, or trade deals with each other.

Some REIAs do charge a meeting attendance fee to cover a room rental and/or snacks and refreshments while others are in freely available spaces. Some are also held in meeting rooms at restaurants where in exchange for bringing in the group to eat, the room is available for use.

 

 

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What can a REIA do for ME?

 

REIAs are a place to learn. They provide education on many different real estate topics. As stated above, many REIAs bring in subject matter experts to present to the group. These experts are also available for Q & A.

Some REIAs have sponsors who provide REI-specific services, so that allows members to save time in finding said services. These range from title companies to construction contractors & beyond.

There are also likely to be wholesalers at meetings with properties that are for sale at a discount, in addition to investors shuffling their properties.

 

How can I find a REIA?

 

A lot of REIAs use Meetup.com to list and promote REIA meetings. Go there and search for REIA and your town name. You can set a radius distance from your target location so it will show meetups within that range, in the event there is a meeting in the next town over. When you find one you want to join, join the group and RSVP for the next meeting. It’s as easy as that.

 

Are you in the Houma/Thibodaux/Morgan City area?

 

If you are in the Houma/Thibodaux/Morgan City area, you are cordially invited to join the Bayou Real Estate Investor Networking group. Meetings are usually held on the first Wednesday of the month. Go to the BREIN Meetup page for more information.

 

And, as always, let me know what you think in the comments. Ask questions, tell your story.

 

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