How To Start Real Estate Investment Club - YouTube

Channel: unknown

[0]
How to start a real estate investment club? O-M-G, is this an important topic that
[6]
we have to talk about. Because there is power in numbers. This is definitely
[11]
something you should be doing. You are in the right place that you even search
[15]
this video. Let's get to it.
[27]
Real estate investment clubs are so important I'm so happy that you are
[31]
thinking about even starting one. Because I'm going to tell you in this video exactly
[36]
how to get one started and have people in it in less than a month that are
[40]
bringing you deals that you can actually make money on. And I'm going to tell you the
[44]
best way to do it in today's environment without getting in any trouble or coming
[50]
across any laws or things like that you should not be doing. Because there are a
[54]
couple of things that you want to make sure that you do not get caught up in.
[57]
The first thing that you want to do when you're starting a real estate investment
[61]
club is start with making the club. Before you ever decide that you're going to
[66]
start talking to people and having people join, you actually have to be a
[70]
club of one. That's the funny thing. So, what are you going ot name your club? Where
[76]
you guys going to meet? What is the purpose in the mission of your club?
[80]
Pretty easy to sit down and do those things but it's very important that you
[84]
do so before you ever start approaching people about joining the real estate
[88]
investment club. Because the one thing that you want to make sure that you have
[92]
identified that's really going to take you to the next level and get people
[95]
interested where not only are they a part of your club. But where they're
[99]
actually investing money that you can buy properties with so that you can all
[103]
make money, you're going to need to have a benefit for them. Why would anyone be
[109]
interested in joining your real estate investment club? Why would they even have
[113]
any interest in being in a club? What are you bringing to the table? Why wouldn't
[118]
they just do it themselves? You got to think about all of those things before
[122]
you start talking to people and you have to kind of think of those things alone.
[126]
Because you don't want to start saying, "Oh, I have this real estate investing
[129]
club." Start going to asking people to join. Telling them, "Hey, let's put some
[132]
money together." That's not it. Trust me, that is not it.
[136]
Let's start by yourself. Pull out a piece of paper. What is the name of your club?
[142]
Give you an example. The name of our organization
[145]
right on meetup is Women In Wealth Network, okay? Women In Wealth Network. We
[150]
have 3 chapters. One in Dallas Fort Worth. One in Houston and one in Orlando.
[155]
And actually if you stay in to the end, I'll tell you how you can hell
[158]
me with this and be a part of this and make money doing it. So, let's keep going
[163]
though. So, now that you've identified your club, you got your name, you've got
[167]
your mission, I'm going to give you a quick little tip, okay? The one thing that you
[171]
want to do is make sure that you have a benefit for the people that are joining.
[175]
What are they gonna be getting out of the club? Are they just going to be
[179]
getting information from you? Are you going to be able to teach them? Are you
[182]
going to be able to coach them? Do you have a network? Do you have money? Do you have
[186]
other investors? Do you have properties that you've already identified that
[190]
you're looking for money for? Again, what are you bringing to the table that would
[195]
make them interests it and even joining the club? Whether you're charging them
[199]
money or you're doing it for free, you got to have what's in it for them. And
[203]
I'm going to give you the big secret to this. Most people want money. You have to
[210]
find a way where this is profitable for them. Yeah! Real estate investing clubs
[216]
are fun and networking and mingling and drinking wine. Yeah, that stuff is cool.
[223]
But most people that join a real estate investing club, they want to make money.
[229]
So, how are you going to help them make money? Make sure you think about that and
[235]
make sure that you have an answer to that. Or you're going to be a club of one
[239]
for a long time. The next thing that you want to do is go to a website called
[243]
Meetup. M, like Mary. E-E-T-U-P. Meetup. Meetup.com is a great website where
[253]
you can already find groups. These are people... You can find any type of group.
[257]
You can find people there that like cooking pizza, that like talking about
[261]
poker. That love talking about Game of Thrones. Basically whatever your interest
[266]
is, there's going to be a group on meetup that already does that. So, this is the
[270]
ideal place for you to go and start getting into other groups for free. This
[277]
way, you can kind of see what other real estate investment clubs are doing and
[281]
you can start to take some of the things that you're going to put into your
[284]
investment club. And ethically steal some of their ideas, okay?
[291]
So, there's things that you're going like about one club that you don't like
[294]
about the next club. All you have to do is start joining these different clubs,
[298]
going to their meetups, seeing though they have to offer and then formulating
[303]
your club around what you're trying to do and some of the great things that
[307]
other people are already out there doing. And again, completely free to do this but
[311]
this is what you want to do because you don't have to reinvent the wheel.
[315]
You can just see what's working and do that. After you've joined all of these
[320]
great meetups and you're going to the meetings,
[323]
you want to then become what you are trying to look for. If you are looking
[328]
for other people that are investors and you're trying to bring people into your
[331]
investment club, the one thing (like I said) that you want to make sure that you
[335]
are is an investor. What is it that you're bringing to the table that they
[339]
would be interested in? And like I said, in most cases, people are looking for
[343]
profits. Now, many people have a job. So, they may not have time to flip a house.
[348]
Or they don't have time to put out bandit signs or send letters or whatever
[352]
it is that you guys are going to do to get properties. Well, that's where you
[356]
come in. That's the benefit that you offer to them. "I'm going to do X Y & Z. Or
[362]
I'm going to be able to split these things with you." Or "I have these investors
[366]
already that are interested." Or "I have these lenders already that are willing
[369]
to lend to me." Whatever it is that you have is probably something that they
[374]
don't have. So again, just like with wholesaling and fixing and flipping and
[379]
all the stuff that I teach you, you're a solution to their problem. And in many
[384]
cases, with a real estate investment club, people want property and they want
[390]
profits. So, make a way to give them property and profits and you got
[396]
yourself a club. And then last but not least, I need you to go to social media.
[401]
You got to go ahead you've named your group you got your great investment club.
[404]
Go to social media and set up your Facebook group. Set up your Instagram. Set
[409]
up your tik-tok, set up your YouTube. Set up all of your social media for your
[413]
investment club. Because you're going to need these things and it's also going to
[416]
bring credibility that you are an actual group. Now, I'm not telling you to go get
[421]
every single social media. You know what
[423]
I mean? If you're not going to be a person that's
[425]
going to be on twitter, Facebook, Instagram, tick-tok, don't get
[429]
all of those social media. But I kind of recommend you at least get 2. Now, you
[434]
get to pick and choose which 2 that you want to go with. You may pick 3.
[438]
But the key to it is creating the group and then posting about what you're
[443]
talking about so that you attract people to you that are interested in this. And
[447]
this is completely free and there's tons of people that are looking to be a part
[452]
of a group. You could target people that already have rental properties. You can
[456]
target people that are looking to get rental properties. You can target people
[459]
that want to fix and flip properties. And you guys are a fix and flip group.
[462]
Whatever the situation, there's so many different niches with inside of real
[468]
estate. And all you have to do is pick one and then get your social media
[472]
around that. So, that wraps up this episode and hopefully you get exactly
[477]
how to start your own real estate club step-by-step. Again, I have started many
[482]
real estate investing clubs. We have 3 chapters right now on Meetup.
[487]
I encourage all of you to go to Orlando, DFW or Houston Women In Wealth Network.
[493]
Join our meetup. It's completely free. And in fact, I'm looking for more chapter
[498]
presidents. So, if you are in Charlotte or Raleigh or Salt Lake City or in LA, you
[504]
know, all over the country, we're looking to grow the organization. And it's
[508]
completely free and it's a great way for you to start your own group with our
[512]
leadership. Grow your group and then have a ton of people that are interested in
[517]
doing this that you can leverage and make a bunch of money. Now again, you're
[521]
not going to take their money. You're going to partner with them. Offer them
[525]
resources and in many cases you may pull your funds and buy properties. But we'll
[530]
talk through that. It's all different on what you want to do. All you have to do
[534]
is go below. There's going to be a link in the description box where you can
[538]
schedule a free call. And if this is something that you're interested in
[543]
one of our chapter presidents, you can email us at support at FDRhorizon.com
[549]
that goes directly to my team. Again, we're looking for chapter presidents if
[554]
this is something that you want to do. So you can have your own real estate
[557]
investment club. Already done for you. Alright.
[560]
To your success.