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Updated over 9 years ago on . Most recent reply

User Stats

471
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225
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Jay Orlauski
  • Realtor
  • Fresno, CA
225
Votes |
471
Posts

How BP inspired me to form a REIA group

Jay Orlauski
  • Realtor
  • Fresno, CA
Posted

I have been a member of BP for several years now and have always enjoyed the advice and information I was able to get from other like minded investors and people who have been in the industry for a while, but I never realized how much of an impact it would make on my life. I had made some connections on the site, but had never met anyone in person. I set up a keyword alert to let me know when Fresno was being discussed and floored by how many investors we have in my area. So, about five months ago - I decided to take BP to the next level and attempt to get some BP members together in person for a more interactive experience. When I floated the idea on a BP forum - I got a few positive responses by some members who said they would like to attend.  So I went into Meetup.com and set up my first REAI group  - it began filling up rather quickly and we had about 24 people show up for the first meetup. Since then we have grown our membership to over 280 investors and we typically have anywhere between 11- 19 members show up for each meetup. 

The reason why this is so significant for me is because I have met more investors in the last 5 months than I have in my 15 years of investing. I have met some really sharp people and have been exposed to different ways to invest and have been able to help educate other who are just starting. Since I've started to group, I have been asked to be a guest speaker at other engagements and just yesterday I was interviewed on a local internet TV station called Central Valley Talks. It was fun and exciting to talk about the group and I realized how much I really enjoy it. My phone has been ringing more and I am getting more offers for partnership opportunities. The momentum has just really kicked into high gear and I am about to have a couple houses under contract over the next week thanks to some great partnerships I made with people who really know how to find deals. 

Many people have thanked me for putting the group together and I feel like it has really helped a lot of people who might not otherwise have the chance to meet other investors.  Other group members have already paired off and started doing deals together. 

All of this is because of Bigger Pockets. Without BP - It would have never occurred to me to do this and I am very glad that I did. Having an online forum like this inspired me to take it offline to meet in real life - now many members come not just from BP, but from Facebook, referrals, meetup.com and the people I talk to on the street about it. If anyone is considering starting up a REAI group in your area or attending one - I would say to go for it! So thank you Bigger Pockets for being such an inspiration and helping to take my investment experience to the next level. 

Most Popular Reply

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17,882
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,283
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17,882
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Jay Orlauski

That's pretty impressive and definitely shows the strength of this community. The best part about it is the fact that people are ready to extend their help to investors who are just starting out. If I could go back to the time when I started investing in real estate, I'd change a lot of things and make fewer mistakes, probably. You're offering the best help an investor would want during his/her initial years i.e., experience.

Good luck for upcoming meets!

  • Dmitriy Fomichenko
  • (949) 228-9393
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