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Updated over 5 years ago on . Most recent reply
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Is it too early to start NETWORKING?
For all of the investors I talk to and books I read, everyone seems to agree that you need to start with a plan.
GPS right?
So I took the time to write out my 20 year, 10 year, 5 year, 3 year, and 1 year goals/plan.
Of course I'm learning how much of a work in progress it will continue to be.
But I noticed in my 3 year plan where I want to be and where I am.
By year 3 I want to own a 2-4 unit property in Texas and continue investing in multifamilies in different cities in Texas.
Knowing this brought to mind the fact that I have very little network in Texas and I will absolutely "need" a power team.
So the question is......
Is right now too early to begin networking in Texas for real estate?
The questions that lead to this one are....
How do I bring value so far out?
Would it be a waste of their time?
How should I start to network in those areas this early?
Most Popular Reply
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Another thing you could do is join a BP Mastermind group. If you buy the BP Intention Journal, I believe the Mastermind Group access comes with it, free. BP connects you (via the site) to other investors who are roughly in the same stage of investing as you are (newbie vs. investors w/ 1 - 4 properties vs. those who are highly experienced, etc.). It's a great way to connect with people who are likely at the same phase you are and learn from one another/ hold yourself accountable to your goals. It's a way of "networking" that's less about bringing value to a potential "mentor" or partner, and more about learning as a small, focused group and holding one another's feet to the fire on your goals. I think for those who are new to REI, it's a space where its a little easier to be vulnerable about the questions you have or the things you're struggling with without worrying about if its "wasting someone else's time".