Investor from Long Beach CA

[Todd King]

Found this site a couple weeks ago and have found it interesting. Im a buy and hold investor (1 commercial triplex, 1 4plex, 2 duplex and 1 townhouse) looking to add another MFR but finding it extremely hard in my local area of Socal.

[Brian Larson]

Originally posted by @Todd King:

@Brian LarsonThank you, I have to admit I have not purchased a property in 2 years. My last purchase was the commercial prop. which was a great deal at the right time (divorce sale). Been looking now for 6 months and nothing that makes sense to me. Can you expand on what FIBI is and how I can get in touch with them?

Thanks

Sure. they are an REI group that meets monthly. FIBI is 'For Investors by Investors' and they have chapters all over LA (and maybe even into NV and AZ?). When i was looking for an investor group to go to i wanted to find one that wasn't filled with pitches/schemes/etc and this was the right fit. Generally you they have a topic with a speaker or panel (economy, current conditions, out of state buying, private money, etc) and the agenda is something like 6-7 networking, 7-8 speaker, 8-9 networking.

It costs like $20 per session to cover the room/food/etc. I would say some of the speakers have been outstanding and the networking has been solid. I have done several note deals with a group I met at a MB event. 

It looks like they have an event in LB tomorrow. 

http://www.meetup.com/forinvestorsbyinvestors/

I hope that helps