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How To Start Real Estate Investment Club - YouTube
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How to start a real estate investment
club? O-M-G, is this an important topic that
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we have to talk about. Because there is
power in numbers. This is definitely
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something you should be doing. You are in
the right place that you even search
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this video. Let's get to it.
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Real estate investment clubs are so
important I'm so happy that you are
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thinking about even starting one. Because
I'm going to tell you in this video exactly
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how to get one started and have people
in it in less than a month that are
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bringing you deals that you can actually
make money on. And I'm going to tell you the
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best way to do it in today's environment
without getting in any trouble or coming
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across any laws or things like that you
should not be doing. Because there are a
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couple of things that you want to make
sure that you do not get caught up in.
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The first thing that you want to do when
you're starting a real estate investment
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club is start with making the club.
Before you ever decide that you're going to
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start talking to people and having
people join, you actually have to be a
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club of one. That's the funny thing. So,
what are you going ot name your club? Where
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you guys going to meet? What is the
purpose in the mission of your club?
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Pretty easy to sit down and do those
things but it's very important that you
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do so before you ever start approaching
people about joining the real estate
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investment club. Because the one thing
that you want to make sure that you have
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identified that's really going to take you
to the next level and get people
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interested where not only are they a
part of your club. But where they're
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actually investing money that you can
buy properties with so that you can all
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make money, you're going to need to have
a benefit for them. Why would anyone be
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interested in joining your real estate
investment club? Why would they even have
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any interest in being in a club? What are
you bringing to the table? Why wouldn't
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they just do it themselves? You got to
think about all of those things before
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you start talking to people and you have
to kind of think of those things alone.
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Because you don't want to start saying,
"Oh, I have this real estate investing
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club." Start going to asking people to
join. Telling them, "Hey, let's put some
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money together." That's not it. Trust me,
that is not it.
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Let's start by yourself. Pull out a piece
of paper. What is the name of your club?
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Give you an example. The name of our
organization
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right on meetup is Women In Wealth
Network, okay? Women In Wealth Network. We
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have 3 chapters. One in Dallas Fort
Worth. One in Houston and one in Orlando.
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And actually if you stay in to the end,
I'll tell you how you can hell
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me with this and be a part of this and
make money doing it. So, let's keep going
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though. So, now that you've identified
your club, you got your name, you've got
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your mission, I'm going to give you a quick
little tip, okay? The one thing that you
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want to do is make sure that you have a
benefit for the people that are joining.
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What are they gonna be getting out of
the club? Are they just going to be
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getting information from you? Are you
going to be able to teach them? Are you
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going to be able to coach them? Do you have
a network? Do you have money? Do you have
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other investors? Do you have properties
that you've already identified that
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you're looking for money for? Again, what
are you bringing to the table that would
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make them interests it and even joining
the club? Whether you're charging them
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money or you're doing it for free,
you got to have what's in it for them. And
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I'm going to give you the big secret to
this. Most people want money. You have to
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find a way where this is profitable for
them. Yeah! Real estate investing clubs
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are fun and networking and mingling and
drinking wine. Yeah, that stuff is cool.
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But most people that join a real estate
investing club, they want to make money.
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So, how are you going to help them make
money? Make sure you think about that and
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make sure that you have an answer to
that. Or you're going to be a club of one
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for a long time. The next thing that you
want to do is go to a website called
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Meetup. M, like Mary. E-E-T-U-P. Meetup.
Meetup.com is a great website where
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you can already find groups. These are
people... You can find any type of group.
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You can find people there that like
cooking pizza, that like talking about
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poker. That love talking about Game of
Thrones. Basically whatever your interest
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is, there's going to be a group on meetup
that already does that. So, this is the
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ideal place for you to go and start
getting into other groups for free. This
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way, you can kind of see what other real
estate investment clubs are doing and
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you can start to take some of the things
that you're going to put into your
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investment club. And ethically steal some
of their ideas, okay?
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So, there's things that you're going
like about one club that you don't like
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about the next club. All you have to do
is start joining these different clubs,
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going to their meetups, seeing though
they have to offer and then formulating
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your club around what you're trying to
do and some of the great things that
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other people are already out there doing.
And again, completely free to do this but
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this is what you want to do because you
don't have to reinvent the wheel.
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You can just see what's working and do
that. After you've joined all of these
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great meetups and you're going to the
meetings,
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you want to then become what you are
trying to look for. If you are looking
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for other people that are investors and
you're trying to bring people into your
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investment club, the one thing (like I
said) that you want to make sure that you
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are is an investor. What is it that
you're bringing to the table that they
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would be interested in? And like I said,
in most cases, people are looking for
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profits. Now, many people have a job. So,
they may not have time to flip a house.
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Or they don't have time to put out
bandit signs or send letters or whatever
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it is that you guys are going to do to
get properties. Well, that's where you
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come in. That's the benefit that you
offer to them. "I'm going to do X Y & Z. Or
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I'm going to be able to split these things
with you." Or "I have these investors
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already that are interested." Or "I have
these lenders already that are willing
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to lend to me." Whatever it is that you
have is probably something that they
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don't have. So again, just like with
wholesaling and fixing and flipping and
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all the stuff that I teach you, you're a
solution to their problem. And in many
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cases, with a real estate investment club,
people want property and they want
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profits. So, make a way to give them
property and profits and you got
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yourself a club. And then last but not
least, I need you to go to social media.
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You got to go ahead you've named your
group you got your great investment club.
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Go to social media and set up your
Facebook group. Set up your Instagram. Set
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up your tik-tok, set up your YouTube. Set
up all of your social media for your
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investment club. Because you're going to
need these things and it's also going to
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bring credibility that you are an actual
group. Now, I'm not telling you to go get
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every single social media. You know what
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I mean?
If you're not going to be a person that's
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going to be on twitter, Facebook, Instagram,
tick-tok, don't get
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all of those social media. But I kind of
recommend you at least get 2. Now, you
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get to pick and choose which 2 that
you want to go with. You may pick 3.
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But the key to it is creating the group
and then posting about what you're
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talking about so that you attract people
to you that are interested in this. And
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this is completely free and there's tons
of people that are looking to be a part
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of a group. You could target people that
already have rental properties. You can
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target people that are looking to get
rental properties. You can target people
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that want to fix and flip properties. And
you guys are a fix and flip group.
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Whatever the situation, there's so many
different niches with inside of real
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estate. And all you have to do is pick
one and then get your social media
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around that. So, that wraps up this
episode and hopefully you get exactly
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how to start your own real estate club
step-by-step. Again, I have started many
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real estate investing clubs. We have
3 chapters right now on Meetup.
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I encourage all of you to go to Orlando,
DFW or Houston Women In Wealth Network.
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Join our meetup. It's completely free. And
in fact, I'm looking for more chapter
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presidents. So, if you are in Charlotte or
Raleigh or Salt Lake City or in LA, you
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know, all over the country, we're looking
to grow the organization. And it's
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completely free and it's a great way for
you to start your own group with our
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leadership. Grow your group and then have
a ton of people that are interested in
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doing this that you can leverage and
make a bunch of money. Now again, you're
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not going to take their money. You're
going to partner with them. Offer them
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resources and in many cases you may pull
your funds and buy properties. But we'll
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talk through that. It's all different on
what you want to do. All you have to do
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is go below. There's going to be a link in
the description box where you can
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schedule a free call. And if this is
something that you're interested in
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one of our chapter presidents, you can
email us at support at FDRhorizon.com
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that goes directly to my team. Again,
we're looking for chapter presidents if
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this is something that you want to do. So
you can have your own real estate
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investment club. Already done for you. Alright.
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To your success.
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