All Forum Posts by: Patrick Allen

@Aidan Sorenson "Hello Mr. Smith, my name is Patrick and I'm a Realtor here in town with Keller Williams. I'm trying to reach landlords... by chance do you own any rental properties here in Tucson?"

"Fantastic! I'm calling because I work with a number of investors looking for off-market deals here in town, and I was just curious... if there were any rental properties in your portfolio that you would consider entertaining offers on at this time?"

Then shut up and see what they say.

Happy New Year, follow BP-ers! I hope this post finds you all busy about locking down your target niche & geographic farm area, because prior to next month's meetup of the New Investor's Subgroup of AZREIA your homework is to be able to know with clarity what sort of leads you want to target. 

The topics we have set up for February's meeting are: "How to Find Leads in your Target Market" & "How to Fund the Deal (using creative & traditional strategies)"

Now that we have established the foundation of our real estate investing journey, the next step in the Deal Funnel is about finally getting into the field: finding deals & putting together funding for your next property under contract!

Pre-Register here: registration link through AZREIA

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 timeframe. 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!

Note: pending Arizona's response to Corona-virus in the first few days of 2021, we *may* be also hosting an in-person meetup alongside the Zoom live-stream. Were we to make this available, we'd be meeting at the Keller Williams building near River/Campbell: 1745 E River Rd Ste. 245 starting promptly at 6pm. Please refer to AZREIA's site for updated info.

After bringing some focus to your Big Why of real estate investing and strategically selected buying niche & strategy to accomplish your goals, we now turn our attention to the deal funnel itself: what target market do you select, and how do you keep up with your lead flow? We will talk through a few ideas to consider before deciding where to focus your deal-finding time & dollars, as well as a few pointers from a professional Realtor about the power of client follow up (more importantly, several ideas of how you can structure your own system). As always, there will also be opportunities to network with your fellow new investors, as well as the chance to tell everyone what you are looking for and how they can send you business!

Register here via AZRIEA's Event Calendar

Tucson AZREIA New Investor Subgroup's vision is to get new investors into action: saving capital, learning the market and doing deals. To support you along the way meetings will include presentations on topics relating to the new investor, highly collaborative breakout sessions where you solve problems as a team, games and activities to instruct or facilitate conversation about RE and money, and a platform to crowd-source input from your peers about deals you're doing or problems you encounter on your journey into REI.

Let's try this one again...

Calling all newbie investors in Tucson, AZ! If you're currently wanting to get in on the action of real estate investing right here in the Old Pueblo but simply didn't know where to start, consider yourself invited to the December meetup of the Tucson chapter of the New Investors Subgroup of AZREIA: the Arizona Real Estate Investor's Association.

This month we are returning to basics: Why Start Now? & How to Select Your Niche/Strategy. This is the foundation piece: why now is now is the best time to get started building wealth through real estate, as well as establishing what we buy and why: I'll be sharing a few resources to help you decide these things for yourself.

Register here via AZRIEA's Event Calendar

Now that I am feeling better and have been permitted to break quarantine, I'm looking forward to returning for our 2nd iteration of the "Virtual & In-Person" hybrid meeting; you are welcome to join us in person at the Keller Williams Office near River/Campbell, or from the comfort of your own home or office via Zoom.com. Either way, please pre-register so we can have an idea of the head-count for social distancing purposes.

Tucson AZREIA New Investor Subgroup's vision is to get new investors into action: saving capital, learning the market and doing deals. To support you along the way meetings will include presentations on topics relating to the new investor, collaborative breakout sessions to network with your peers, and a platform to crowd-source input from other newbie investors about deals you're doing or problems you encounter on your journey into REI.

Please do note these meetings are not instructional: we are not presenting a step-by-step model on how to invest in real estate and we will not actively direct you on the path we (in any general sense) deem the best path for you. This is a chance to learn, talk with and get to know other investors around town.

You could also try Schneider & Associates Structural Engineering - 520-512-8183

Calling all newbie investors in Tucson, AZ! If you're currently wanting to get in on the action of real estate investing right here in the Old Pueblo but simply didn't know where to start, consider yourself invited to the November meetup of the Tucson chapter of the New Investors Subgroup of AZREIA: the Arizona Real Estate Investor's Association.

This month we are returning to basics: Why Start Now? & How to Select Your Niche/Strategy. This is the foundation piece: why now is now is the best time to get started building wealth through real estate, as well as establishing what we buy and why: I'll be sharing a few resources to help you decide these things for yourself.

Register here via AZRIEA's Event Calendar

This will be our 2nd iteration of the "Virtual & In-Person" hybrid meeting; you are welcome to join us in person at the Keller Williams Office near River/Campbell, or from the comfort of your own home or office via Zoom.com. Either way, please pre-register so we can have an idea of the head-count for social distancing purposes.

Tucson AZREIA New Investor Subgroup's vision is to get new investors into action: saving capital, learning the market and doing deals. To support you along the way meetings will include presentations on topics relating to the new investor, collaborative breakout sessions to network with your peers, and a platform to crowd-source input from other newbie investors about deals you're doing or problems you encounter on your journey into REI.

Please do note these meetings are not instructional: we are not presenting a step-by-step model on how to invest in real estate and we will not actively direct you on the path we (in any general sense) deem the best path for you. This is a chance to learn, talk with and get to know other investors around town.

We will do our best!

- There will be a sanitizing station in the room, and I'll make sure we have plenty of pens for sign-in. There is also a sink for hand-washing immediately off the conference room

- Because of the online preregistration through AZREIA.org, we will be able to get a head-count for in-person registrants and can schedule seating accordingly

- We are also simultaneously live-streaming the class via Zoom.com, so if it's easiest to stay safe at home you may do that as well.

As this is a new setting & our first return to an in-person meeting option, we will all be figuring it out and feedback is appreciated. 

How's this for coincidence: the first in-person meetup of the Tucson chapter of the Arizona Real Estate Investor's Association will cover the same topic as our last in-person meeting in Feburary! Our October meeting will bring our attention to how to secure the deal: understanding the AAR standard Purchase Contract, navigating the due diligence period, & closing the deal.
Topic #1 will feature AZREIA's preferred escrow partner Barbi Stewart with Fidelity National Title. Barbi will walk us through the requirements of a generic purchase contract from the perspective of title & escrow, as well as provide valuable insight into what should be in your written contracts when negotiating with motivated sellers.

After a short networking break we will move into Topic #2: "What to Expect During Inspections," including some ideas of how to conduct a successful due diligence on time, and on budget.

Pre-Register here: registration link through AZREIA

As we always do, we will be getting together on the first Monday of the month to talk real estate and learn from one another. The meeting officially runs from 6:00-8:00pm, but folks are encouraged to come earlier or stay later for networking and to share recent success stories.

Tucson AZREIA New Investor Subgroup's vision is to get new investors into action: saving capital, learning the market and doing deals. To support you along the way meetings will include presentations on topics relating to the new investor, highly collaborative breakout sessions where you solve problems as a team, games and activities to instruct or facilitate conversation about RE and money, and a platform to crowd-source input from your peers about deals you're doing or problems you encounter on your journey into REI.

Please do note these meetings are not instructional: we are not presenting a step-by-step model on how to invest in real estate and we will not actively direct you on the path we (whoever "we" are) deem the best path for you. This is a chance to learn, talk with and get to know other investors around town

Having discussed how to analyze deals on Buy & Hold properties last month, it's time to turn our focus to adding value to distressed properties

Topic #1 will be "How to Analyze Deals on Fix & Flip Properties," where we will discuss methods of forecasting rehab costs, calculating max allowable offers (MAOs) and other practical considerations when hunting for your first fix & flip opportunity. 

After analyzing a few deals as a group, Topic #2 will feature a guest speaker: Chad Casper with Pillar to Post Home Inspectors will be on hand to talk about 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!

Pre-Register here: registration link through AZREIA

As we always do, we will be getting together on the first Monday of the month to talk real estate and learn from one another. The meeting officially runs from 6:00-8:00pm, including time at the end for questions and open discussion.

Tucson AZREIA New Investor Subgroup's vision is to get new investors into action: saving capital, learning the market and doing deals. Join us for our next virtual meeting, and stay tuned for the long-awaited return to in-person meetups coming soon*

Nice seeing you all last night!