The local REIA

[Kurt Heise]

Sigh...

So I have read this blog until my eyes have bleed and have actually learned a lot. I am currently looking for an investor in my area to "shadow" and learn more from. I called my local reia about joining and talked to the president for a good little while. He tried selling me a house? I've been told by my friends dad who is very successful in the business that things like this happen all the time and to watch out for people that want to sell you a "good deal" right away which is kind of common sense to me but I just thought it was funny that the guy presented it as a lease to own which I don't know a lot about and have never really paid any attention to because it sounds like a waste of money then when I told the guy that I was not interested he tried to switch over to owner financing to make the offer more "attractive" to me. What is this investors motive? And the main reason I'm so skeptical about the reia is because of what i have continually read on the comments on these forums. I thought it would be the best option for a start. But the more I read about it the more it sounds like a sales meeting vs. an educational/ networking meeting has anyone had any similar experiences or perhaps a different path I should take. I am open to all ideas and appreciate your time thanks

[Scott Costello]

I actually stopped going to reia meetings because of the constant sale pitches. You never got the full information about a topic. Just a teaser from a guy peddling his coaching program or product. Most of the large meetings are 95% newbies so you can waste a lot of time trying to find the experienced investor who is willing to answer some questions.

What I like to do is go to meetup.com and find a smaller group of investors and see if I could join their meetings. Much more personable and the members tend to be more open and willing to help with no other motives.