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