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Updated about 4 years ago,

User Stats

333
Posts
457
Votes
Jerry Lucker
  • Flipper/Rehabber
  • Seattle, WA
457
Votes |
333
Posts

More help with any Real Estate question

Jerry Lucker
  • Flipper/Rehabber
  • Seattle, WA
Posted

Greetings and Salutations to my fellow investors and landlords,

First, BiggerPockets is an amazing resource. So thankful for them doing an amazing job. It dawned on me recently that just about all of us could benefit from a couple other entities also. I believe they can provide insights to most of the topics we’re all interested in. 20 years ago they helped jumpstart my investing career.

The first is Real Estate Investment Associations, Clubs, Communities, etc.. Investors of all kinds get together to share and learn about many kinds of real estate investments. There are people looking to invest, people looking for investors, people looking to learn, vendors including lenders, speakers on various topics, etc. Get a handle on what’s actually happening in your area from numerous sources that are out there experiencing the market. I could do pages on the benefits I’ve derived from clubs.

The second is Landlord Associations. The best one I’ve been involved with kept us up to date on any and all laws regarding tenants and landlords. We even had our own lobbyist to convey our positions to lawmakers. Every form needed in the business was constantly updated to reflect every law and ordinance concerning the business. Members included attorneys, accountants, engineers, and representatives of many relative professions. Property management, maintenance, tenant selection, evictions, property evaluation, funding, exchanges – nothing was missed. Guest speakers included state attorney generals, insurance commissioners, representatives from numerous state and local agencies, lenders, and many more. We even did our own in-house tenant background checks. I benefited by learning from many successful investors and landlords. The best always attended and kept current.

I sincerely believe that these two entity types could help with many of the issues I constantly read about in posts.

All the Best in 2021 Investors!