AZREIA *New Investors* May Meetup: Analyze Deals 1 & Prop MGMT
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- 05/07/19 06:00PM - 07:45PM America/Phoenix
- Upstairs Conference room: down hallway on left, 1745 E. River Rd Suite 245 Tucson, Arizona 85718
- $20
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The time is certainly drawing near: triple digits every day, snowbirds returning to their northern & midwestern roosts and the semi-annual hibernation of the remaining population in air-conditioned buildings, emerging only after dusk seeking cheap drink specials and Instagram pics of the desert sunset. Meanwhile, we are nearing the peak of the summer selling season here in Tucson... time for us to meet up and continue talking Tucson Real Estate Investing!
The May meetup of the New Investors Subgroup of AZREIA is all about Buy & Hold investing.
Topic #1 will be: "How to Analyze Deals on Buy & Hold Properties. We will unpack the philosophy of investing in cash-flowing rental properties and talk through a few ideas to consider before buying, pitfalls that cost new investors money & stress, and how to quickly run numbers on properties which allow you to make offers and tie up contracts.
Between topics will be a breakout session in which you, as a group, will calculate cap rates & cash flow projections on real properties for sale (and sold) in Tucson. No prior experience required!
Topic #2 will be: "Property Management 101: What to Know Before You Close," which will be taught by Rebecca Schulte, Associate Broker of the Shulte Group and full-time professional property manager with Keller Williams. Rebecca will be on hand to discuss the current market for rental properties in Tucson, federal/state/local laws concerning the landlord/tenant/PM relationship, and mistakes & horror stories from her many years of experience in the field. Come with questions, looking for referrals, or just to sit quietly and absorb experience & best practices.
Pre-Register here: registration link through AZREIA
As we always do, we will be getting together on the first Tuesday of the month to talk real estate and learn from one another. The meeting officially runs from 6:00-7:30pm, but folks are encouraged to come earlier or stay later for networking and to share recent success stories.
Tucson AZREIA New Investor Subgroup's vision is to get new investors into action: saving capital, learning the market and doing deals. To support you along the way meetings will include presentations on topics relating to the new investor, highly collaborative breakout sessions where you solve problems as a team, games and activities to instruct or facilitate conversation about RE and money, and a platform to crowd-source input from your peers about deals you're doing or problems you encounter on your journey into REI.
Please do note these meetings are not instructional: we are not presenting a step-by-step model on how to invest in real estate and we will not actively direct you on the path we (whoever "we" are) deem the best path for you. This is a chance to learn, talk with and get to know other investors around town.