Real Estate Investing

[Trisha Reaney]

Hello BP! I am new to real estate investing and would like to know the best way to network with local investors- the goal is to really get experience with analyzing deals- all numbers involved, how they run the numbers, etc. The local REIA seems like scam in Austin. Any feedback is more than appreciated!

[Tim Hendricks]

@Trisha Reaney Are there things that you have that you can "barter" for that education? Outside of studying BP and reading various books, you probably want to get some real world experience.

A person can bring value to an REI operation by bringing time, money, expertise or a network. Could you fund someone else's flip at a below market rate in exchange for being side by side with the investor? Do you have time to drive for dollars to knock on doors and drop off postcards in a target/farm area for an experienced investor? Or perhaps you have a great rolodex of either high net worth individuals that want to invest or high quality contractors that work for fair prices?

You know what you want - think about what value you can deliver in exchange.