All Forum Posts by: Patrick Allen

Attention Local Investors: if you are a new investor based in Tucson and have always wanted to get into the game of real estate investing, but have never been sure where to start... our next meetup is for you!

The next meetup of the New Investor Subgroup of the Arizona Real Estate Investors Association is the perfect opportunity to join in the conversation for the very first time, as we will be covering the foundation of your journey into REI:

WHY it makes sense to get started investing now (even in today's crazy housing market) and

HOW to develop your investing niche (what you buy) and strategy (how you buy it).

We will lay out an argument in favor of beginning your real estate investing journey no matter your goals or current skillset, as well as to overview several different strategies/ideas to get you started. 

As we always do, the New Investor Subgroup of AZREIA in Tucson will be meeting up the 3rd Monday (aka "the Monday following the Main Meeting") at the Keller Williams Building near River/Campbell from 6-8pm to discuss topics relating to the new investor in a sequential way: from foundation to taking action & making deals happen! If you're not able to attend in-person, we will also be live-streaming the meetup via Zoom, so you can grab your ticket for either medium.

Hope to see you there!

Greetings fellow local newbie Tucson investors.

The April meetup of the New Investor Subgroup of AZREIA in Tucson is right around the corner, and is the return of an old favorite setup: our Local Investor Panel! This month we are inviting a powerhouse small group of active local investors, each bringing their own knowledge, failures and hard-earned success stories to help bridge the gap between "classroom analysis" and "getting into the game" of actually making deals work.

Geared specifically towards a newbie investor audience, the April meetup of the New Investor Subgroup of AZREIA in Tucson will welcome

1) Vanessa Montoya: Money Lender w/ Boomerang Capital Partners & local investor based in PHX

2) Isaac Ponce-Alvarez: Wholesaler and Creative Finance Expert

3) Jonathan Haas: Real Estate Agent, Former Loan Officer and Value-Add investor

All will be discussing how they got started investing in Tucson, AZ, which real estate strategies they have seen the most success with, and practical, relatable advice on how to safely & intelligently buy your first (or next) deal.

See you there!

Greetings fellow investors (& would-be investors!). It's nearly time for the next meetup of the New Investors Subgroup of AZREIA in Tucson, and so here is all of the need-to-knows:

Having spent the last few months discussing how to identify and then analyze potential deals in your investor "buy box", we now come to the next critical step in your journey to your first (or next) investment deal: the process of negotiating the Purchase Contract and conducting due diligence. AZREIA business partner and long-time investor-friendly escrow officer extraordinaire Barbi Stewart with Fidelity Nat'l Title will again join us for our March meetup to discuss the Purchase Contract. Barbi will highlight critical terms and conditions in the standard AAR Purchase Contract, using the 10-page document to discuss & clarify several clauses you should consider adding to your own contract to purchase, or to be aware of in the event you find yourself selling an asset on the open market.

The second portion of the evening will dive deeper into the all-too-critical Due Diligence period. Truly where the investor "rubber meets the road", we will overview the process and goals of the typical due diligence period for residential real estate transactions and negotiation towards closing the deal. With some extra time in the final 20-30 minutes we will also discuss a few topics relating to scaling to bigger deals and otherwise continuing to grow your financial fortress in years to come!

As we typically do, we will be meeting up at the Keller Williams Builder (near River/Campbell) from 6-8pm on the Third Monday of the month; we'll be meeting in person, as well as live-streaming it via Zoom. Put any questions down below, and I hope to see you there!

Hello again Tucson Newer Investors!

Whether you are a regular attendee of the New Investor Subgroup of AZREIA in Tucson, or you only happen to be in town for a short time and decide to check it out, all are invited to our upcoming meetup at the Keller Williams building in Midtown.

Topic #1 for our February meetup will be will be "How to Analyze Deals on Fix & Flip Properties," where we will discuss common strategies and considerations when analyzing value-add deals. From the most basic framework like "the 70% Rule" and the "Three Levels of Rehab," all the way down to recommendations and resources for scaling your portfolio over dozens of flips.

After analyzing a few deals as a group, Topic #2 will feature a guest speaker: my good friend Chad Casper with Pillar to Post Home Inspectors will be on hand once again to talk through what *not* to do when rehabbing a property. Drawing upon his day-to-day experiences as a local general property inspector, Chad will share the biggest red flags that blow up the budgets of the less experienced rehabbers... happening right here in Tucson!

As usual, we will be meeting up at the Keller Williams building in Midtown Tucson, near River & Campbell. There will also be a live-stream version via Zoom for those who would rather attend virtually.

Happy Holidays all & welcome to the year 2025!

If you consider yourself to be new to the world of Buy & Hold Real Estate Investing and have it on your goal board to buy your first (or next) investment property in the greater Tucson Metro area... then you should definitely consider looking into the wealth of resources provided to you by AZREIA: the Arizona Real Estate Investors Association. In addition to local discounts, local networking opportunities and monthly educational meetups, the New Investor Subgroup of AZREIA in Tucson is also here to get your education up to speed quickly so you can get into doing deals!

Our January meetup will dive deep into key financial metrics like cap rates, cash flow and price-to-rent ratio, as well as the economic underpinnings as to why Investors find these figures valuable. We'll discuss the calculations & implications of each, as well as lots of practical wisdom to help you identify which potential deals might be in your "buy box" and worth pursuing further via submitting an offer & conducting due diligence.

The in-person portion will be held at the Keller Williams building near River/Campbell. As we always do, we will begin promptly at 6:00pm & run until somewhere in the 7:30-8:00pm time frame. There will also be a virtual streaming of the meetup via Zoom, so if you'd prefer to stay home you may feel encouraged to dial in.

See you at the meeting!

Before the haze of the holiday season sets in, the New Investor Subgroup of AZREIA in Tucson will be doing our final meetup of the 2024 calendar year... and you are invited!

We will continue along the "Deal Funnel" we've been unpacking for these last 2 months by covering the critical next step to securing your next real estate deal: actually FINDING a great deal in the first place!

Topic #1 will cover "How to Find Leads in your Target Market", and will explore the twin approaches of prospecting and marketing to begin to fill your Deal Funnel with real estate leads. Come to this discussion with an open mind to discover which avenue(s) you are most comfortable with to find deals and to put yourself in front of a motivated seller... without spending a fortune on "guru courses".

After a short networking break, Topic #2 will be all about "How to Fund the Deal: Using Creative and/or Traditional Financing". Whether or not the phrase QM loans means anything to you, we will overview the 4 different "classes" of financing available for your use in buying investment properties, as well as the pros & cons of each approach.

The in-person portion will be held at the Keller Williams building near River/Campbell. As we always do, we will begin promptly at 6:00pm & run until somewhere in the 7:30-8:00pm time frame. There will also be a virtual streaming of the meetup via Zoom, so if you'd prefer to stay home you may feel encouraged to dial in.

Post any questions about the meetup as a comment here on this thread for a direct response. I hope to see you over at the Keller Williams building on Dec 16th!

Greetings local Tucson-based investors!

If you are new to the market here in Tucson, AZ, or new to concept of investing in Real Estate in general, consider this your personal invitation to surround yourself with like-minded peer investors for an evening of education, networking and relevant market data to help make sense of where SPECIFICALLY to look for your next REI deal opportunity!

The next meetup of the New Investor Subgroup of AZREIA in Tucson is set for Monday November 18th from 6-8pm, and will cover two broad topics of high relevancy to every new investor: "How to Identify your Target Market" and "CRM & the Power of Follow-Up"

Building on last month's topic, we will spend the first 20-30 minutes breaking down the top 25 zip codes in the Tucson Metro area most relevant to investors, as well as demographic and economic data to help you better understand your end buyer/tenant's spending power and motivations.

After a short networking break where we will practice our investor "elevator pitch" (in-person only) we will dive into the Elephant In The Room for far too many newer investors: the discipline of follow-up. 

We'll explore why continuous follow-up is necessary in today's investing market, why a real estate CRM (client resource management) software application is a must-have for anyone looking to build off-market lead flow, as well as several foundational marketing principles to keep in mind when marking directly to motivated sellers.

We we normally do, we will be meeting up at the Keller Williams Building near River/Campbell from 6-8pm on the third Monday of the month, as well as a live-stream on Zoom (until Patrick's laptop gives out!). 

Comment here or DM me with any questions. Hope to see a solid BP Universe presence at next month's meetup

For AZ Landlord-Tenant issues, I refer to Zona Law Group (480) 949-1400. Mark Zinman has been a steadfast resource/volunteer for AZREIA for years for LL-Tenant Law related situations.

You can also try Jim Whitehill as a catch-all for RE needs; I've seen his name come up a lot in local Realtor forums when folks ask for attorney referrals. (520) 214-8779

Hello again, newbie investors of the Old Pueblo!

For those of you who might be unfamiliar with AZREIA: the Arizona Real Estate Investors Association... if you are a local to the Tucson area and are interested in getting started investing in real estate locally, this is the perfect opportunity to join us for some amazing content on how to do just that. Our meetup for October will again return to the basics:

WHY it makes sense to get started investing now (even in today's crazy housing market) and

HOW to develop your investing niche (what you buy) and strategy (how you buy it).

We will lay out an argument in favor of beginning your real estate investing journey no matter your goals or current skillset, as well as to overview several different strategies/ideas to get you started. Even if you're already decided on your investing strategy for 2024, I hope you will find this month's content accessible and motivating to go out and crush it.

As we always do, the New Investor Subgroup of AZREIA in Tucson will be meeting up the 3rd Monday (aka "the Monday following the Main Meeting") at the Keller Williams Building near River/Campbell from 6-8pm to discuss topics relating to the new investor in a sequential way: from foundation to taking action & making deals happen! If you're not able to attend in-person, we will also be live-streaming the meetup via Zoom, so you can grab your ticket for either medium.

Hope to see you there!

Hello again, fellow local investors (& would-be investors!). The arrival of September brings with it the promise of cooler mornings, the start of college football season, and not the least of which: the next meetup of the New Investor Subgroup of AZREIA in Tucson! Here is all of the need-to-knows:

Having spent the last few months discussing how to identify and then analyze potential deals in your investor "buy box", we now come to the next critical step in your journey to your first (or next) investment deal: the process of negotiating the Purchase Contract and conducting due diligence. AZREIA business partner and long-time investor-friendly escrow officer extraordinaire Barbi Stewart with Fidelity Nat'l Title will again join us for our September meetup to discuss the Purchase Contract. Barbi will highlight critical terms and conditions in the standard AAR Purchase Contract, using the 10-page document to discuss & clarify several clauses you should consider adding to your own contract to purchase, or to be aware of in the event you find yourself selling an asset on the open market.

The second portion of the evening will dive deeper into the all too critical due diligence period. Truly where the investor "rubber meets the road", we will overview the process and goals of the typical due diligence period for residential real estate transactions and negotiation towards closing the deal. With some extra time in the final 20-30 minutes we will also discuss a few topics relating to scaling to bigger deals and otherwise continuing to grow your financial fortress in years to come!

As we typically do, we will be meeting up at the Keller Williams Builder (near River/Campbell) from 6-8pm on the Third Monday of the month; we'll be meeting in person, as well as live-streaming it via Zoom. Put any questions down below, and I hope to see you there!