| p>Real Estate Investment Clubs (REIC) are a great | | | | to invest jointly on larger deals that you would |
| way to spread the word that you are a investor and | | | | otherwise not venture into alone as a new investor. |
| you are seeking private lenders to invest in your | | | | Additionally, you will most likely learn about new |
| deals. Joining a REIC will help you to meet like-minded | | | | investment opportunities on the horizon, as well as |
| people in that will either invest in your deals or helping | | | | specific opportunities that you have been seeking. |
| you network by word-of-mouth. | | | | How Do I Join a REIC? You can join your local |
| Why Should I Join? | | | | chapter of the REIC in your area. Additional there is a |
| - Learn From Experience: If you are new to real | | | | host of online investment clubs you can locate by |
| estate investing or have only a little experience you | | | | typing real estate investment clubs into Google. Other |
| can learn from other seasoned investors and perhaps | | | | ways to join: |
| avoid some of the unexpected pitfalls that naturally | | | | - Publications: You can review the ads in any real |
| come with inexperience. Additionally a seasoned | | | | estate magazines you receive for REIC you can join. |
| investor can help you with some of the concerns | | | | - Web Sites: You can review a list of REICs at |
| you may have and are not sure how to handle. | | | | REIDirectory.net. These are REIC's that are located |
| - Educate Yourself: Membership in a REIC will provide | | | | throughout the country as well as in your local area. |
| you with access to useful seminars and other | | | | If you are searching online for a REIC, remember |
| educational events that will help you learn some | | | | that not all clubs are legitimate. A really good REIC will |
| insider secrets to the profession. | | | | provide quality resources for you to learn more |
| - Network: Since you will be joining a club with | | | | about the business as well as have a high percentage |
| like-minded people in your profession, a REIC will | | | | of members that are reliable and interested in |
| provide you with access to other professionals who | | | | achieving their goals. Be sure to check out the track |
| carry the resources you need to successfully | | | | record of the REIC you are thinking about joining. |
| complete a deal, as well as maximize your profits. | | | | You can do this by reviewing the history of the club |
| These are professionals such as real estate lawyers, | | | | and talking to the members. Most reliable clubs will |
| seasoned investors, and any others associated with | | | | have been founded by an actual investor rather than |
| closing a real estate deal. | | | | a vendor with a motive to sell educational materials |
| - Investment Opportunities: You will meet other | | | | for a profit. |
| investors in a REIC that may offer you opportunities | | | | |