To succeed in real estate, you have to make sure the people you do business with, buy from, and learn from are all individuals you can trust and who will help you to succeed. I know, finding these people can feel hard and networking can be scary. Or sometimes it feels like those people are all not accessible because they have a small circle. As a firm believer in collaboration and constant learning as keys to success, building your real estate network is actually easier than it seems.
This video will walk you through 5 amazing places to find realtors, investors, wholesalers, buyers, mentors, and other key players in real estate.
1. Local REIA Meetings - Your local REIA chapter is a great way to familiarize yourself with real estate in your area. These organizations usually host all sorts of networking events, and even often hold specialized events for beginners, or for the type of real estate you want to get involved in (rentals, flips, wholesaling, etc)
2. Bigger Pockets - This online resource is one of the biggest online real estate resources. For learning, their blog is a great place to start. For references on local lenders, realtors, real estate agents, or whoever else you need, the Network tab makes it easy for you to search and find someone that fits your needs.
3. Local Government/City Hall - Often overlooked as a networking resource, local and city governments are a great place to gain transparency into real estate and general business laws in your area. Making connections with the employees can help you learn inspection and permit processes, which can help you greatly because those processes are often cumbersome and confusing. Many people in those departments also usually have insight or experience in urban development, and can provide you valuable information.
4. Open Houses - The key to meeting the right people at open houses is finding open houses in areas that are prime for investing. Find an area where there is neighborhood transition and flips happening. Or find properties that could work well for a rental/investment property. The chances are, you'll find other investors and realtors there too.
5. Your Own Personal Network, aka family, friends, and co-workers. You'll be surprised how many people you know are involved in real estate or want to get into real estate. While "networking" with people close to you seems scary, don't think of it that way. Express your interests and goals and you'll often receive feedback or support, and you may find that someone you know can introduce you to a great mentor, investor, or realtor for you to work with.
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