Do you pay for your REIA

Do you pay for your REIA

FL · Member since 2008 · 52 posts · 19 votes

There are a couple different REIA here in the West Palm Beach area and some cost money to join. Is this normal?

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  • Real Estate Investor · Bergen County, NJ · Member since 2008 · 390 posts · 72 votes
    17y

    I believe so. I pay yearly for my REIA, and I've seen others where it's $20 per visit or so to pay for the room and coffee/food etc...

    Being apart of your local REIA is a GREAT and one of the best ways to network with other people in your own back yard.
    There is a tremendous amount of information on BP but you need to find out what's going on in your local market.

  • FL · Member since 2008 · 52 posts · 19 votes
    17y

    the one that I would like to join goes like this

    Gold member - $250
    Platinum member - $500
    Elite member - $15,000

    or guest $20 per visit

  • Residential Real Estate Agent · Chandler, AZ · Member since 2009 · 1k+ posts · 928 votes
    17y

    Wow, thats a lot. I pay ~$120 a year for mine. The guest price is about right.

  • Real Estate Investor · Las Vegas, NV · Member since 2008 · 1k+ posts · 447 votes
    17y

    Many of these clubs will charge to offset costs because it can be expensive to run meetings. One that I belong to charges $25 per meeting but that includes dinner.

    :cool:

  • Real Estate Investor · Ocala, FL · Member since 2008 · 742 posts · 463 votes
    17y

    We pay $50 a year. And I must say, that it is well worth the money. The education is great, but the networking is worth way more than the membership fee.

    Hope this helps,
    James

  • Specialist · Las Cruces, NM · Member since 2009 · 557 posts · 71 votes
    17y
    Originally posted by Doug Proctor:
    the one that I would like to join goes like this

    Gold member - $250
    Platinum member - $500
    Elite member - $15,000

    or guest $20 per visit


    What does the platinum and elite membership entitle you to? Seems a bit steep, but price is all relative to what is given. Dinner with Buffet and Trump maybe?
  • Real Estate Consultant · Saint Paul, MN · Member since 2009 · 55 posts · 4 votes
    17y

    I got to tell you that I can give you a perspective from the other side of the REIA. I play a pretty significant role in the workings of our Minnesota REIA and it's not something you would necessarly do for the membership fees because a lot of that goes right into the club.

    We charge $25 after two freebies for a door fee and $24.95 month/$249.50 for the year and from there same pattern with $29.95 for couples and $39.95 for a business (four pack).

    But compared to the $25 monthly subscription that I have to a lot of educational sites I would have to say that the benefits of a REIA is definately worth more and provides an environment of pure real estate. Aside from a REIA you'll be hard press to find places where you can network with so many investors in one place who are in your market. You really want to network with these investors most of all!

    There are a lot of costs that go into a REIA and the successful ones are the ones that are run by people who do it to build a community and not so much the money. But altogether it is definately money well spent.

  • Rental Property Investor · St. Louis, MO · Member since 2008 · 189 posts · 75 votes
    17y

    $10/meeting or $75/year. I just joined in March but already well worth the money.

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