{"id":149557,"date":"2023-04-06T11:11:40","date_gmt":"2023-04-06T17:11:40","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?post_type=phase-level-3&#038;p=149557"},"modified":"2023-09-21T13:33:20","modified_gmt":"2023-09-21T19:33:20","slug":"how-to-build-your-real-estate-investor-network","status":"publish","type":"phase-level-3","link":"https:\/\/www.biggerpockets.com\/blog\/how-to-build-your-real-estate-investor-network","title":{"rendered":"How to Build Your Real Estate Investor Network"},"content":{"rendered":"\n<div class=\"wp-block-cover is-light has-level3-cover-style\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-white-background-color has-background-dim-100 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<figure class=\"wp-block-image size-full has-level3-rounded-figure\"><img loading=\"lazy\" decoding=\"async\" width=\"772\" height=\"454\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/02\/Building-a-Network.jpg\" alt=\"\" class=\"wp-image-146745\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/02\/Building-a-Network.jpg 772w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/02\/Building-a-Network-300x176.jpg 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/02\/Building-a-Network-768x452.jpg 768w\" sizes=\"auto, (max-width: 772px) 100vw, 772px\" \/><\/figure>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">What do the most successful real estate investors have in common? <mark style=\"background-color:rgba(0, 0, 0, 0);color:#089f4b\" class=\"has-inline-color\">They don\u2019t work alone.<\/mark><\/h2>\n\n\n\n<p>Building a reliable real estate investor network both outside and within your targeted market is crucial for achieving success in the industry. A strong network can provide valuable connections and resources, like access to funding, deals, and industry expertise.&nbsp;<\/p>\n\n\n\n<p>In this article, we will discuss:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"#why\">Why networking matters in real estate investing<\/a><\/li>\n\n\n\n<li><a href=\"#how\">How to grow your real estate investor network<\/a><\/li>\n\n\n\n<li><a href=\"#expand\">How BiggerPockets can help you expand your network<\/a><\/li>\n<\/ul>\n\n\n\n<p>Whether you\u2019re just starting out, <a href=\"https:\/\/www.biggerpockets.com\/blog\/which-real-estate-investing-strategy-is-best-for-your-goals\" target=\"_blank\">trying a new investment strategy<\/a>, or are an expert investor looking to expand your network, these tips will help you connect and build genuine relationships with the right people in the industry.&nbsp;<\/p>\n\n\n\n<p>Are you ready to build your real estate investor network and <a href=\"https:\/\/www.biggerpockets.com\/smarter\" target=\"_blank\">work SMARTER<\/a>, not harder? Let\u2019s get started!<\/p>\n<\/div><\/div>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-cover is-light has-level3-cover-style\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-white-background-color has-background-dim-100 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<h2 class=\"wp-block-heading\" id=\"why\">Why Networking Matters in Real Estate Investing<\/h2>\n\n\n\n<p>Networking with other real estate professionals is a fantastic way to establish credibility and trustworthiness. As you build a reputation within your network, you\u2019ll improve your communication skills, stay informed of what\u2019s happening in the industry, and may even find and get funding for amazing investment opportunities.&nbsp;<\/p>\n\n\n\n<p>Let\u2019s explore seven reasons why having a real estate investor networks matters in greater detail:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. Relationships are a Currency<\/strong><\/h3>\n\n\n\n<p>Real estate is about relationships. Whether you\u2019re <a href=\"https:\/\/www.biggerpockets.com\/house-flipping-strategy\" target=\"_blank\">fixing and flipping<\/a>, <a href=\"https:\/\/www.biggerpockets.com\/wholesaling-strategy\" target=\"_blank\">wholesaling<\/a>, house hacking or looking for your next buy-and-hold property to invest in, connecting with other industry experts can help you make more informed decisions and better investments. An investor-friendly real estate agent you meet at a seminar may specialize in distressed properties. A selling specialist at your local real estate investor meetups may help you maintain your wholesaling buyer list, while an expert investor can advise you on what REITs are on track to have great returns. Who you know helps open doors.&nbsp;<\/p>\n\n\n\n<p>Don\u2019t forget: the best <a href=\"https:\/\/www.biggerpockets.com\/blog\/relationships-matter-real-estate\" target=\"_blank\">relationships are reciprocal<\/a>. Don\u2019t approach an investor-friendly real estate agent with a \u2018<em>what they can do for me\u2019<\/em> mindset. Think about their needs and how you can provide value. Do you know a couple of house flippers looking for new properties or an investor looking to buy in the neighborhood? Make introductions, and help them build relationships. Also, follow up on these connections to see how they\u2019re going. The more you can help someone, the more likely they will help you.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Access to Other Professionals<\/strong><\/h3>\n\n\n\n<p>Real estate investing doesn\u2019t happen in silos. Even if you work alone, you still depend on other service providers to move a transaction along. Private and hard money lenders can loan you the funds you need to <a href=\"https:\/\/www.biggerpockets.com\/brrrr-strategy#loan\" target=\"_blank\">BRRRR<\/a> a property. <a href=\"https:\/\/www.biggerpockets.com\/agent\/match\" target=\"_blank\">Investor-friendly real estate agents<\/a> are there to help you buy and sell. General contractors can walk through a distressed property and assess how much repairs will cost and help you complete those major renovation projects that you need. Networking allows you to connect with these people\u2014and more!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Improve Your Communication Skills<\/strong><\/h3>\n\n\n\n<p>Real estate networking helps you talk about your work. It\u2019s the perfect way to master your new pitch, build confidence in what you do and learn what questions you will be asked and how to answer them. The more you practice, the better you\u2019ll get.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4. You Can Stay Informed<\/strong><\/h3>\n\n\n\n<p>Real estate investing is a massive industry, and things are constantly shifting and evolving. Many networking events have panels or guest speakers where industry experts share their experiences and educate you about their business. By interacting with other investors specializing in what you do, you can also learn about new developments and opportunities.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>5. You Can Find New Deals<\/strong><\/h3>\n\n\n\n<p>Networking helps you expand your contact list. Not only do you get to know other industry experts at a networking event\u2014but you may also gain access to who they know. The wider and more active your network, the more exposure you have to potential deals.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6. You Can Get Deals Funded<\/strong><\/h3>\n\n\n\n<p>Many real estate investors work together to help find and fund deals or sell deals to one another. By building relationships with other investors through networking events, you\u2019re more likely to get the \u201cYes!\u201d when making a pitch.&nbsp;<\/p>\n\n\n\n<p>Networking also gives you access to lenders who may be looking for new investments. A hard money lender is more likely to invest in your next venture if they know you and trust you know what you\u2019re doing.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>7. You Find Referral Partners and Team Members<\/strong><\/h3>\n\n\n\n<p>Networking lets you meet people you wouldn\u2019t meet otherwise. Sometimes your referral partners may not even be in your industry. You may meet a chiropractor at a chamber of commerce meeting who has five real estate agents as patients or a painter who knows a motivated seller.&nbsp;<\/p>\n\n\n\n<p>Networking events may also introduce you to future team members, like realtors, property managers, general contractors, and lenders You\u2019ll never know if you don\u2019t attend.<\/p>\n<\/div><\/div>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group has-slate-200-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"has-text-align-center has-theme-slate-dark-color has-text-color wp-block-heading\">More from BiggerPockets: Use the forums to grow your local network  <\/h2>\n\n\n\n<p>Find real estate investors in your community by attending a local meetup. You can network with other investors, find potential partners for investments, and more.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.biggerpockets.com\/forums\" target=\"_blank\">Visit the forum<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-cover is-light has-level3-cover-style\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-white-background-color has-background-dim-100 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<h2 class=\"wp-block-heading\" id=\"how\">How to Grow Your Real Estate Investor Network<\/h2>\n\n\n\n<p>The best way to grow your real estate investor network is by attending networking events. Here are a few to consider:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Small Business Networking Groups<\/strong><\/h3>\n\n\n\n<p>Networking groups like your local <a href=\"https:\/\/www.uschamber.com\/\" target=\"_blank\" rel=\"noopener\">chamber of commerce<\/a>, rotary clubs, and <a href=\"https:\/\/www.bni.com\/\" target=\"_blank\" rel=\"noopener\">Business Networking International<\/a> (BNI) exist to help small business owners and entrepreneurs connect. Typically, these networking groups have regular meetings (either virtual or in-person), membership dues, and may follow a specific format. For example, BNI meetings have an agenda, and each member gives a commercial about what they do and who a good referral is for them.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Professional Networking Events<\/strong><\/h3>\n\n\n\n<p>If you Google \u201cprofessional real estate networking events\u201d right now, you will get an exhaustive list of upcoming events online and in your area. Better yet\u2014these events come in all forms: happy hours, luncheons, galas, open houses, trade shows, and more! All you have to do is register and show up; in some cases, you don\u2019t even have to register.<\/p>\n\n\n\n<p>You can also try <a href=\"https:\/\/www.meetup.com\/\" target=\"_blank\" rel=\"noopener\">Meetup<\/a>, a massive online community created to help others build their networks and relationships. BiggerPockets shares and posts about <a href=\"https:\/\/www.biggerpockets.com\/forums\/521\" target=\"_blank\">meetups in the forums<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Conferences and Seminars<\/strong><\/h3>\n\n\n\n<p>Conferences and seminars specifically created for real estate investors allow you to meet dozens or hundreds of new contacts in a single event. All types of industry professionals attend these events. Usually, they\u2019re also looking to grow their networks and learn about new opportunities. You never know who you may find at one!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Social Media<\/strong><\/h3>\n\n\n\n<p>Facebook, LinkedIn, and Alignable have multiple groups geared toward real estate professionals. You can also follow industry-specific hashtags, like #propertyinvestors or #iwholesalerealestate.<\/p>\n\n\n\n<p>Building a social media presence requires playing the long game, so when you join groups or follow hashtags, stay engaged and post consistently. You\u2019re unlikely to build a network right away, but the more active and engaging you are, the more likely your followers are to perceive you as a thought leader.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Travel Events<\/strong><\/h3>\n\n\n\n<p>Are you looking for a <a href=\"https:\/\/www.biggerpockets.com\/short-term-rental-strategy\" target=\"_blank\">short-term rental<\/a> in a high-tourist area or want to enter a new market? Take a trip to visit these properties in person and attend a local networking event while you\u2019re there. Plan your trip accordingly by looking up local real estate professionals, like agents, investors, attorneys, and lenders, and schedule coffee or lunch meetings with them.&nbsp;<\/p>\n\n\n\n<p>Consult your accountant before planning your next trip. They\u2019re usually tax deductible.<\/p>\n<\/div><\/div>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-cover is-light has-level3-cover-style\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-white-background-color has-background-dim-100 has-background-dim\"><\/span><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<h2 class=\"wp-block-heading\" id=\"expand\">Expand Your Network With BiggerPockets<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.biggerpockets.com\/about-us\" target=\"_blank\" rel=\"noreferrer noopener\">BiggerPockets<\/a> is your complete resource for anyone looking to succeed in real estate investing. We offer content, tools, and a network of over 2,000,000 members\u2014any of whom can become your next referral partner, dealmaker, or financier.\u00a0<\/p>\n\n\n\n<p>On our <a href=\"https:\/\/www.biggerpockets.com\/real-estate-companies\" target=\"_blank\">network<\/a>, you can search for:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.biggerpockets.com\/agent\/match\" target=\"_blank\" rel=\"noreferrer noopener\">Real estate agents<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.biggerpockets.com\/real-estate-companies\/investment\" target=\"_blank\" rel=\"noreferrer noopener\">Investment companies<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.biggerpockets.com\/business\/finder\/lenders\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.biggerpockets.com\/business\/finder\/lenders\" rel=\"noreferrer noopener\">Mortgage lenders\u00a0<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.biggerpockets.com\/business\/finder\/lenders\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.biggerpockets.com\/business\/finder\/lenders\" rel=\"noreferrer noopener\">Hard money lenders<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.biggerpockets.com\/contractors\" target=\"_blank\" rel=\"noreferrer noopener\">Contractors\u00a0<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/get.biggerpockets.com\/nreig\/\" target=\"_blank\" rel=\"noreferrer noopener\">Insurance companies<\/a><\/li>\n<\/ul>\n\n\n\n<p>You can also build your team or search for specific members, jobs, and <a href=\"https:\/\/www.biggerpockets.com\/forums\/521\" target=\"_blank\">meetups<\/a>.<\/p>\n\n\n\n<p>Do you have a question or need advice? Our <a href=\"https:\/\/www.biggerpockets.com\/forums\" target=\"_blank\">forums<\/a> give you access to the world&#8217;s largest real estate investor network!&nbsp;<\/p>\n<\/div><\/div>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n    \n  <div id=\"visibility-group-block_645a6bdeee4bd\" class=\"visibility-group  \">\n        \n\n<div class=\"wp-block-group has-slate-900-color has-transparent-background-color has-text-color has-background\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n    \n  <div \n    x-data=\"frictionlessSignupForm()\" \n    id=\"frictionless_signup-block_63e2dd30bd880\" \n    class=\"items-center frictionless_signup flex flex-col\">\n\n    <div class=\"flex flex-col\" :class=\"{'hidden' : !isSignedUp, 'flex' : isSignedUp}\">\n      <span class=\"flex justify-center text-4xl text-center font-bold\">Thank you for signing up!<\/span>\n      <span class=\"flex justify-center text-lg text-center\">Create your account password at Biggerpockets.com\/signup or by clicking the link we sent via email.<\/span>\n    <\/div>\n\n    <div class=\"flex-col\" :class=\"{'hidden' : isSignedUp, 'flex' : !isSignedUp}\">\n      <span class=\"flex justify-center text-4xl text-center font-bold\">Interested in more free real estate investing content?<\/span>\n      <span class=\"flex justify-center text-lg text-center\">Create a free BiggerPockets account to get access to additional resources, our 3x weekly newsletter, and 5 free analysis reports.<\/span>\n    <\/div>\n\n    <div class=\"w-full sm:w-fit py-8 flex-col sm:flex-row gap-4\" :class=\"{'hidden' : isSignedUp, 'flex' : !isSignedUp}\">\n      <div class=\"sm:w-48 flex flex-col\">\n        <label for=\"investorTypeDD\" class=\"flex-1\">Investor Type<\/label>\n        <select id=\"investorTypeDD\" x-model=\"investorType\" class=\"flex-initial h-9 w-full focus-visible:outline-none border-gray-400 text-black\">\n          <option value=\"investor\">Investor<\/option>\n          <option value=\"agent\">Agent<\/option>\n          <option value=\"lender\">Lender<\/option>\n          <option value=\"company\">Company<\/option>\n        <\/select>\n      <\/div>\n\n      <div class=\"flex flex-col\">\n        <label for=\"investorEmailAddress\" class=\"flex-1\">Email address<\/label>\n        <div class=\"flex-initial h-9 w-full\">\n          <input\n            id=\"investorEmailAddress\"\n            x-model=\"email\"\n            type=\"text\"\n            placeholder=\"Your Email\"\n            class=\"lg:w-80 w-full rounded-l-sm grow focus-visible:outline-none\"\n            :class=\"{'border-red-500' : errors, 'border-gray-400' : !errors}\"\n          \/>\n          <div x-show=\"errors\" x-cloak class=\"absolute text-red-500 text-sm\">\n            <div class=\"flex items-center\">\n              <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-4 w-4\" fill=\"none\" viewBox=\"0 0 24 24\" stroke=\"currentColor\" stroke-width=\"2\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" d=\"M12 8v4m0 4h.01M21 12a9 9 0 11-18 0 9 9 0 0118 0z\" \/>\n              <\/svg>\n              <span x-text=\"errors\" class=\"ml-2\"><\/span>\n            <\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n\n      <div class=\"mt-4 sm:mt-0 items-center flex flex-col-reverse\">\n        <button x-on:click=\"submit()\" class=\"flex-initial w-28 border-none rounded-l-none rounded-r-sm  inline-block no-underlinehas-background has-theme-blue-background-color has-text-color has-white-color px-3 py-1\"> \n          Sign Up        <\/button>\n      <\/div>\n\n    <\/div>\n\n    <div class=\"justify-center\" :class=\"{'hidden' : isSignedUp, 'flex' : !isSignedUp}\">\n      <span class=\"text-sm  text-center\">\n        By signing up, you agree to the BiggerPockets\n        <a href=\"https:\/\/www.biggerpockets.com\/terms\" class=\"no-underline\" target=\"_blank\">Terms &#038; Conditions<\/a>\n      <\/span>\n    <\/div>\n    \n  <\/div><\/div><\/div>\n\n\n  <\/div>\n  ","protected":false},"featured_media":0,"template":"","categories":[],"class_list":["post-149557","phase-level-3","type-phase-level-3","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/phase-level-3\/149557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/phase-level-3"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/phase-level-3"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=149557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=149557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}