Thursday, February 28, 2013

Spinning a Web

As you may have figured out by now (depending on where you are in your real estate journey) that networking is one of your most useful resources.  Without networking skills you will very quickly get absolutely nowhere!  The following are some of the best ways to get out there and find people who can help you whether you are looking for properties, money, people to help you with the repairs on your current (and future) projects, etc. - whatever you can think of!

1. REI Clubs - Most larger cities have at least one real estate investing club that meets on a regular basis.
2. Banks - foreclosures are still out there in abundance - most banks have a list of properties on their books that they are desperate to get rid of and you never know what kind of great deal you might find.
3. Professional Networking Groups - these expose you to a broader professional network than REI clubs will - there are a lot of people out there (with money) that would love to call themselves a real estate investor but don't know where to start - let your expertise guide them!
4. Social Media - posting ads on Craigslist, being on Facebook, Linkedin, Bigger Pockets, and Connected Investors is some of the best ways to learn who is (or is at least trying to) be investors in your area.
5. EVERYWHERE - the more people that know you are in real estate and have your contact information the better - hand out your business card every chance you get (YES!! YOU SHOULD HAVE BUSINESS CARDS!!!).  You never know what their situation is or who they may know!

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