Connecticut Real Estate Investor Association?

[James McGovern]

Yesterday I attended a meeting of Connecticut Real Estate Investor Association and it felt like it was primarily occupied by people who knew little about real estate and wanted to be spoonfed information by an expensive coaches? Are all REIA's in the United States populated with Noobs?

[Nicholas L.]

@James McGovern

no, some are very good

i go to a mini mastermind with about 10 other peer investors and we share information and updates and deals we're working on

i also go to some larger ones that are primarily networking

[Samuel Eddinger]

@James McGovern - my wife was in attendance and she and I own 20+ properties, a huge office building, have done multiple 1031 exchanges, Segregation studies, flips, private money, creative financing etc.  I have three partnerships currently from going to meetups like CTREIA.  These partnerships will make me passively $100k per year forever within the next few years.  I'd be happy to talk specifics about this if you do not believe me - just DM if interested.

While, many are n00bs, we use the opportunity to network to be able to have a huge source of people working for us for the next opportunity.  I was just handed a partnership in a property that has 30% equity today and was given the option of owner financing at $1,000 a month with 0% interest for 10 years.  I'm debating doing it since I have more opportunities than money to fund right now.

I think some people have said correctly that your negative mindset is going to turn people off from working with you.  Instead of thinking everyone is n00bs, think of everyone as a potential partnership or source of marketing so that you can help them with the things you are great at, renovation, etc and they can find you the deal that you keep trying to find.

[James McGovern]

Quote from @Samuel Eddinger:

@James McGovern - my wife was in attendance and she and I own 20+ properties

 Curious of the motivation/rationale for your wife to attend the meeting? I wonder if I talked with your wife? 

[James McGovern]

Quote from @Samuel Eddinger:

@James McGovern -  I have three partnerships currently from going to meetups like CTREIA.  

Instead of thinking everyone is n00bs, think of everyone as a potential partnership or source of marketing so that you can help them with the things you are great at, renovation, etc and they can find you the deal that you keep trying to find.

Interesting you said Like REIA and not specifically REIA. There are tons of good meetups throughout Connecticut that have immense value. The one hosted by Brandon Rush is one of them.

I am always game to help individuals and do so without costs. I just am dying for more time efficient conversations in life. 

[Samuel Eddinger]

Quote from @James McGovern:

Quote from @Samuel Eddinger:

@James McGovern - my wife was in attendance and she and I own 20+ properties

 Curious of the motivation/rationale for your wife to attend the meeting? I wonder if I talked with your wife? 

 We are trying to grow our PM company.  Being out there is important to do that.

[Samuel Eddinger]

Quote from @James McGovern:

Quote from @Samuel Eddinger:

@James McGovern -  I have three partnerships currently from going to meetups like CTREIA.  

Instead of thinking everyone is n00bs, think of everyone as a potential partnership or source of marketing so that you can help them with the things you are great at, renovation, etc and they can find you the deal that you keep trying to find.

Interesting you said Like REIA and not specifically REIA. There are tons of good meetups throughout Connecticut that have immense value. The one hosted by Brandon Rush is one of them.

I am always game to help individuals and do so without costs. I just am dying for more time efficient conversations in life. 

I've been posting on BiggerPockets getting nothing for years!  Then all of a sudden, a woman who had been seeing me try to help others on here, told me she wanted to sell a property to me and only me (she did not want to market it or let her neighbors know).  Needless to say, my partner and I purchased it, flipped it and made $70k.  You never know which conversations will be fruitful or not.  That's the difficult part of marketing in general.  Just make great connections and things will come back to you.