Real Estate Investing Clubs

There are many reasons to join a real estate club. The networking potential is huge. As a beginner investor you can rub shoulders with more advanced investors that are usually happy to help you steer clear of the mistates they have made. If you find a good deal they might buy the property or the contract from you. This is very valuable to beginner investors that don't have a lot of cash to work with. Some real estate clubs have online chat rooms that offer plenty of up to date info on your local market. There might also be an online advertisement venue to find and sell properties. You might get a list of preferred professionals like mortgage brokers, property managers, home inspectors, etc. Most clubs have speakers address the meetings on important topics like rehabbing, joint ventures, investing in a self directed IRA, etc. For a reasonable price your dues paid to the club can be a wise investment.