All Forum Posts by: Pablo Hernandez

I'm looking to join a (legitimate) REI group for numerous reasons but I'm wondering whether I should pull the trigger on a REI group or REIA group.

Located in Nashville, TN - specifically looking into either http://tnreia.com/ or http://www.reintn.org/

Does anyone know the difference?

I signed up to go to a Real Estate Investors "Meet up" through meetup.com just to show up at what could have been mistaken for a time share presentation. We had no idea this was a Renatus pitch, which is mostly my fault for not properly vetting this "meet up". 

 We got there and the instructors were almost surprised to see us there, we stepped into a room and they directed us to a different room because they "thought nobody was going to show up".. Skeptical to say the least, my partner and I stepped into the next room in which was the presenter, two of his partners and another "student". (pardon the air quotes... I'll explain) 

We walk in and the presenter introduces himself and his colleagues, asks what we're doing there and then proceeds to go into a 60 minute pitch about real estate investing, what deals his colleagues have made, and how we can learn from Renatus and take the online courses of over 600+ hours to become real estate investors just like them. We make it through the presentation and the "student" raises her hand and says "Can I just say something? this is a no brainer. Sign me up". 

Needless to say, we didn't sign up and left with my partner very upset with me. As we were leaving, one of the employees in the other room and the "student" were laughing together talking about their plans afterwards and somehow knew each other by first name. It felt like a set up. 

I hope someone from Renatus is reading this because rather than taking offense, I'd take this as good feedback to implement with my instructors/employees. This was like a scene out of the movie, from the presenter wearing a suit 5 sizes too big for him to the student claiming to be signing up, this could have been way more professional. I'd also have been much more inclined had the instructors made it more of a relaxing environment, maybe do 1-2 free classes, offer some newbies advice/mentorship then try to reel them in for the 20k you're asking for. As far as their actual classes/materials, I do not know. I just know I don't want to do business with someone who tries to hoodwink or trick me into signing up for something. It reminded me of all of these guru's Brandon and David remind us to be weary of in the bigger pockets podcasts

I'm looking for units of 60+ doors and I cannot figure out where to find these online. Everything on loopnet is either already sold or out of my price range and craigslist is slim pickings. 

Any suggestions? 

2 buddies and I are just getting started and want to know what the first step should be. We’re taking classes to get our real estate licenses and get our foot in the door but I’d like to move faster. I bought a home about a year ago and fully understand what a liability is. What is the first step for us to invest? Can I leverage my current home for capital? I have about 30k I’m okay with investing at the moment. Just want to know what the smartest move is given my circumstances. I have a good paying job and have proven sales success but I’m ready to exit the rat race.. please advise!