How are you networking with Covid-19?

Question

Newbie over here who registered to go to some local meetings for Real estate investing but they all have been cancelled. So how are you networking locally? We (Husband and I) met some Agents in person and of course through posting around on here. Are there any other online options?

Whitney Hutten · Answer

@Rebecca Bautista I'm a very busy mom and investor and I'm still executing my same networking strategy for the most part. 1. Find Meetups and REIA meetings.  Most have moved to Zoom calls for the interim. They don't want to lose their momentum before the summer! Be sure to reach out individually to people you find interesting.  2. Reach out to people here on BP... and Zoom it up!.  3. Listen to podcasts, read blogs, etc... and reach out to authors... then Zoom :)

Rebecca Bautista · Answer

@Yukiko Nakayama

Yeah we just had our first zoom meeting for real estate and it was totally worth it.

Hai Loc · Answer

I know a few friends who are still ol skool but Zoom Call is the common theme now

Ross Denman · Answer

@Rebecca Bautista I just spent a couple hours talking to an local investor friend of mine about these things. Most of us are positioning ourselves to be as liquid as possible right now and reduce liabilities and unnecessary expenses.

The most important thing is to not get caught up in following the blind masses. Do things that make sense. If you don't understand or it seems too good to be true... look more closely. You can usually spot the flaw and simply have to account for it.

Rebecca Bautista · Answer

@Ross Denman

Yeah, we are using this time to further educate ourselves, continue to stockpile what we can. I am still working, my husband is not so he is analyzing deals on the daily. I am reading all the real estate books I can get my hands on. I like that you are focusing more so on personal relationships at this time. I too am afraid for those who are over-leveraged. We have yet to invest, so we are hoping at the end of this we can get a great deal and start our portfolio. Wishing you health during this time and luck in your business endeavors this year!

@Whitney Hutten

That is the plan! Plus our 9-month-old is getting in 4 teeth right now so she is keeping us busy. Trying to use what downtime I have to get more knowledgeable and then the time we are both available to network. Every time we get in the car as a family it is a BP podcast. Wednesdays we tune in to the free webinars. I hope you avoid the illness and that your business this year prospers!

Ross Denman · Answer

I'm using this time to catch up on some phone calls (not business, just relationship calls,) updates social media channels, create content for future marketing campaigns, and engage others through social media channels (we're all going through this together.)

I fear for the thousands of over-leveraged BRRRR Investors in the upcoming year. If cash flow stops, most of those BRRRR investors were not properly prepared to weather the storm.

Yukiko Nakayama · Answer

Yes. same here. We are dong mostly zoom calls to conduct business.

Rebecca Bautista · Answer

@Hai Loc

Yeah I hoping to find an option like that in my market or at least state. Just bummed that the local meetings which we haven't attended yet are shut down. So it is not like we know anyone yet to even do old skool phone conference

How are you networking with Covid-19?

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