All Forum Posts by: Jack D Falkner

There are several and you can find all of them on Meetup. Look for SDCIA, NSDREI, SDIC and SDCFI.

I can tell you that if you have something worth buying, you will have plenty of cash buyers come out of the woodwork.  If there's nothing to buy, there can't really be any buyers.

If you want to know what people are looking for and buying in your area, go to investor meetings and REIAs in your area and talk to investors and ask them questions.  Build relationships.  Most investors see people coming and going so fast that it's barely worth remembering people's names until you've met a few times.  And in my area, there are a few bigger meetings and the same crew will mostly show up at more than one -- like any field, it's a really small world once you start to know who's who.

Once you know what they are looking for and what they'll pay you can go out and find those types of deals and once you have them, then just call them up or present them the next time you meet.

>there is so much money floating about Socal and Bay area you cant miss it.. what you need though is to be experienced in most instances.. its not dumb money its just private. 

Love the "its not dumb money, its just private".  Analogous to "A fool and his money are soon parted." but with an RE spin.

@Jack D Falkner

In San Diego, there is a Meet up that has as its primary purpose to connect money (private lenders) with those who seek money (investors).  I am not sure if it is a Meetup group or Facebook group but it used to meet at National University in RB on the 3rd Wednesday of the month.  Verify that it is still the correct meet up time/location.  People with money who are looking for smart investments are often there.

The challenging part will be to find the smart investment.  It will be easy to find people looking for the smart investment.

Good luck

 keep in mind private lenders in La are plentiful.. when I have been a guest speaker at some of the REIAs there.. first thing I ask is who are licensed agents..  about 70% of the audience raises there hands.. Next thing I ask is how many are private lenders and about 70% raise there hands.. there is so much money floating about Socal and Bay area you cant miss it.. what you need though is to be experienced in most instances.. its not dumb money its just private.

Thank you for that! I will defintely look into REIA's and attend them!

Through BiggerPockets! BP, networking events, and other real estate meetups. I've met quite a few private lenders through different meetups. You can also ask for referrals from other people you work with.

probably one of the absolute best ways is to go to trustee sales. which are cash and carry.. and watch to see who bids then approach them..  keep in mind if they have the money to bid you get maybe one shot at them.. so be professional and know your stuff..