All Forum Posts by: Tony Link

Hi Carressa! I run the REIG in Amarillo. Please post the deal on the Amarillo REIG facebook page.

Also, I will add investors in the group have met and 'dated', formed partnerships and have done deals together. I have a facebook page as well where a lot of deals have been listed and sold.

It has worked out very well! I'm still running the Amarillo REIG today. The structure is quarterly meetings with a speaker - having each of the 4 meetings on a different topic. (This month's speaker is a Real Estate Attorney.) $25/person cost which includes food & drinks. I have a sponsor provide the food and they have a small window of time to introduce their business/service. 

The months in-between quarterly meetings I schedule happy hour meet ups at a local restaurant/bar. Once a year I do a Cashflow Board Game night. Attendance for the events is around 40+. We have a good core group of about half that number and the rest are usually investor newbies or 1st time attenders. 

It's not a money maker for me. But by far the best thing about it has been the relationships I've made through the years. The challenge has been stepping out of my comfort zone to lead these and also coming up with topics and finding speakers. Finding sponsors and venues has been the easy part. 

www.amarilloreig.com

Hey Billy, thanks for your service! I run the REIG in Amarillo and I know the guy that runs the one in Lubbock. Give me a shout if you want to connect, or if you want his contact info!

It's confusing when you look at a map to understand what is considered north texas and west texas. But Amarillo, which is the High Plains region, is indeed called West Texas even though it looks more like north Texas on the map. And yes, Dallas is actually North Texas - the North Central Plains.

I can do it if I'm around. It's what I do anyway! :D

Hey Clint, how many properties do you need watched? I recommend you find another landlord/investor you can trust to handle them for you. Then you can reciprocate the next time he/she leaves town. I've got a deal like that I do with a friend of mine.

Hey Justin, I've used a few that I've been happy with and would recommend! What type of work are you needing?

I struggled with this same issue early on when I had my first two properties. I didn't understand how anyone could make this work! Then when I got to 8-10 units cashflow more than covered repairs each month and I felt like it was paying for itself.

Right now think about trying to minimize repair risk. For instance, you mentioned a refrigerator going out. I stopped putting refrigerators in my units several years ago and I have the tenant provide their own. (In a higher end rental I would still provide one but not in a mid to lower rental priced unit.)

Don't give up! I promise it gets better if you stick with it.