November Real Estate Networking in Hicksville, Nassau County NY

4 Replies

  • 11/13/21 09:30AM - 10:30AM America/New_York
  • Panera Bread Restaurant in Broadway Mall in Hicksville, 201 Broadway Mall Hicksville, New York 11801
  • Free

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"Someone's sitting in the shade today because someone planted a tree a long time ago".  -- Warren Buffet, Berkshire Hathaway CEO & previously ranked #1 on the Forbes 400


What would you like to accomplish before 2021 is over?

Networking helps you find people with investing experience who are willing to share their knowledge with you. Networking is a great way to expand your thinking and discover new ideas. It's the people you meet who most often can help you to identify new opportunities you might not have ever thought of. Even if you're looking to invest out of state, the personal contacts you make locally are extremely valuable. Business is a team sport, and it is vital to seek out experience, expertise, & connections.

Join us for another informal meeting on Saturday morning November 13th at 9:30 a.m. You can stop by for a few minutes if that's all you have, & you can share as much or as little about yourself as you like. There are no sales pitches, although everyone is always free to share their own contact information & connect with other members.

Topics we plan to talk about in detail: Hard Money Lending, Real Estate Investing with a Self-directed IRA. We will also be talking about a deal sharing forum for group members who attend in person.

We will be at the Panera Bread restaurant in the Broadway Mall, Hicksville. If you're not familiar with Panera, you can get a quick inexpensive cup of coffee & pastry there with counter service. Please RSVP only if you plan to be there. Hope to see you then.

Location:
Panera Bread
201 Broadway Mall
Hicksville, NY 11801

Panera is conveniently located on Route 106/107 & right off the exits for the Northern State Parkway, LIE/495, Southern State Parkway, Jericho Turnpike & Old Country Road. Parking is very easy in the mall lot. No fee to attend, but we should at least each order a drink from Panera since we're sitting at their tables.

Hi Charles To officially be part of the group you join Meetup.com (it’s really just a name & password they ask for, they didn’t interrogate me for personal data when I joined) Then go to our group page at https://www.meetup.com/real-estate-rocks-investing-group/ & click “join” And last, click on the event page at https://www.meetup.com/real-estate-rocks-investing-group/events/281470484/ click “Attend” I hate to ask people to sign up for more things (like websites, apps, etc) when people have so much going already so feel free to come this Saturday even if you don’t have time to sign up on Meetup. I’ll know you will be there, it’s very informal & a lot of new people each week along with the regulars. Looking forward to meeting you.

At this Saturday's meeting I thought I’d take a page from the Bigger Pockets podcast (https://www.biggerpockets.com/podcast ) & do a Deal Deep Dive

We’ll take a sample property, whether it’s a real purchase that you would like to analyze, or the type of property you would like to buy next. If you have a property you are currently looking to make an offer on, you can bring the specifics. But you don’t have to give out the property address or exact numbers, you can use round numbers or estimates.

Factors going into the deep dive:

Location of property (doesn’t need to be the exact address)

Property Type (ex, 2 family house)

Price

Downpayment

Taxes

Insurance

Condo common charges, Coop Maintenance, or HOA (home owner’s association) dues (if applicable)

Mortgage if applicable

Loan Amount

Loan Type (FHA, etc)

Term

Rate (add .25% in case rates rise before locking)

Strategy: Flip, Buy & Hold, wholesale

There might be other factors I’ve forgotten to add here. I may also bring a property to analyze if there’s time.

Thanks to everyone who attended today's Real Estate Rocks Investing Meetup.  We had the largest turnout so far and had a great time hearing from everyone.

The Deal Deep Dive into the Capitol District area (Albany, Troy, Rensselaer), New York, multifamily was fascinating and we will be interested to hear if our member who brought the property decides to make an offer.