Sacramento Real Estate Investing Groups

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I'm sure there are groups for REI investors in Sacramento, but I'm having difficulty finding them. Can anyone point me in the right direction?

[Wes Blackwell]

Hi @Tabi Traughber! Great question!

First and foremost, you should get belly-to-belly, face-to-face with investors and establish a connection and relationship with them first. Investors are pitched deals ALL THE TIME and often the people pitching them are selling a lot of hot air, and so it makes it hard to know who to trust.

People like to do business with people they know, like and trust... so my advice is to meet people face to face first, and find out what kind of properties they're looking for, what their experience level is, and see if there is any way you can be of value to them or anyone important you can introduce them to who can help them meet their goals.

Then, it's a lot easier to "be heard" about the property you're selling, and those investors can return the favor by introducing you to anyone they know who might be interested in purchasing it. 

Eventually, you'll have a rolodex full of investor contacts, and you'll easily be able to sell your properties much faster. But only show properties to investors that match the criteria they are looking for, don't spam them with every single property you come across.

Also, you'll want to make sure you present your property in a way that easily communicates the value to the investor. You be able to communicate using investor lingo, like knowing what cap rate, ARV, Cap Ex, etc. are. That will help them feel confident that you know your stuff and are able to discern what is a good deal and what is not, and they'll be more open to hearing more about your properties.

Meetup.com is a great place to start looking for real estate investor groups to network with. Here are a few of the top choices:

• SacREIA (Sacramento Real Estate Investment Association)
• Capital City Wealth Builders
• NorCal Real Estate Investment Association

A few extra tips to help you sell your property:

1. Since you're a plus member, have you tried posting an ad on the marketplace? Investors on this site check it regularly and that may just help you find the buyer you need.
2. Are you working with a real estate agent? If you have an agent to put the property on the market for you will be able to get your property in front of just about every available buyer on the market. I'm a Realtor who can help you with this if you're interested.
3. Have you tried contacting owners of similar properties around you? You can easily search the tax records of every other multifamily property around you, and simply send them a letter informing them you have a property for sale they might be interested in. It's more of a long shot, but the guy who owns the duplex next door just might be looking to pick up another property in the area.

I hope that information helps, and if you have any further questions or need clarification on anything I said, don't hesitate to reach out! Best of luck!