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Updated over 9 years ago on . Most recent reply

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Lummie Spann
  • Brooklyn, NY
3
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5
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Joining the local REIA.....as a newbie.

Lummie Spann
  • Brooklyn, NY
Posted

Ok, so I've never done any RE investing before. I have been educating myself through BP and others sources and I am leaning towards starting with doing "no money" wholesale deals (seeing as I'm broke as a joke lol). But I have been doing some thinking about joining the local REIA here in NYC in support of these prospective deals..... is this a good move at this stage in the game being a newbie?

Most Popular Reply

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268
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Michael Woodward
  • Real Estate Investor
  • Greenback, TN
115
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Michael Woodward
  • Real Estate Investor
  • Greenback, TN
Replied

@Lummie Spann It's definitely worth a try. Many REIA groups are geared toward newbies so you might find it a goldmine of information and local assistance. Hopefully they don't have a ridiculous fee to join. Most REIS groups I've heard about don't charge anything or very little but my local group charges something crazy like $500 or $800 per year (I don't remember the exact amount). I think they look at it as tuition for teaching the group. Give it a try and see what happens. Good luck!

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