Maryland REI Meetups

[Michael Carlino]

I live in Forest Hill, MD. Does anyone know what the closest REI meetup may be to me? I am aware of the BWI meetup but was wondering if there was anything closer to Harford County. I would love the opportunity to introduce myself to local investors who have the same goals and vision that I have.

[Account Closed]

Our next meet will be the first Tuesday of August -- at our last meeting we had a panel fielding questions on  -- LET'S GET PERSONAL - what's your problem, your issues, why aren't you meeting your full potential in real estate? Many questions were answered and the members had a good opportunity to learn from others with similar problems; their fears and their success. The Quick Pitch is a great way to connect with others and expose your needs.

We had a large turn out at that open forum, lots of learning and real estate education - we discussed some creative Control and Roll system; this system is used to flip properties -- within 3 weeks without ownership; as reported to me, the CEO of the REIA and auction company, our members settle hundreds of transactions for short term profits.

I suggest you become a member of as many REIA's that you have time for - they are a great place to network and learn from other -----WARNING - some of the REIA's have guess speakers selling courses and seminars - make sure you check them out before you make a decision to buy their programs - there are lots of local mentors and professionals right here in Baltimore Maryland who will hold your hand, teach and mentor you - no need to buy a course from someone 3000 miles away - STAY LOCAL!

If you are considering paying for a mentor you should be sure you will get what you expect - so check them out before you take out your credit card.

• Do they own properties now, where, how many? What's their net worth - prove it- look at their financial statement. (talk is cheap)
• Ask if they can mentor you on how to write an offer, use a skinny contract, and necessary protection clauses - look at their forms before making a decision to take a mentor on.
• Principal mortgage, delayed settlements, subordination mortgages, possession clauses, legal assignment forms and agreements, wrap around mortgages - how to stay legal and honest in your real estate business.
• Prospecting - negotiating, hybrid offers, long form offers, commercial contracts, joint ventures, piggy back offers, raising funds.
• Public auctions - how and where to profit, where to stand, how to bid, when not to bid, conversation with trustees and auctioneer before the live out-cry action, farming for commercial properties.
• Title companies - credit lines how not to use HML's, and tenant management, local rental requirements - staying legal - eviction and and tenant retention.

I always suggest that when hiring a real estate mentor you interview them as if you are an employer for your corporation - if they don't pass the smell test  - you should pass - find a reliable mentor or coach who has a track record of continued financial success.

Charles Parrish