get rich quick

Top 3 Reasons Not To Become a REIN Member

Posted by neil on November 18, 2010
General / 18 Comments

Hi Everyone,

I hope you are doing well.

I am a firm believer that in order to progress as a real estate investor, you need to continually educate yourself on the topic of real estate.

I have been very fortunate to be associated with The Real Estate Investment Network also known as, REIN.

The president of REIN, Don R. Campbell is a class act.  He has positively affected the lives of many people. He educates people regarding the fundamentals of real estate investing. People that have studied these economic fundamentals, taken action and invested in real estate in specific geographical areas, have realized positive results.  In fact, REIN members have purchased over 26,000 properties valued at over $3.2 billion dollars.  Don is a Canadian Best Selling Author of 4 real estate books.  Each book has achieved Canadian Best Selling status.   All of the proceeds from the books are donated to Habitat for Humanity.  Donations have now exceeded  $600,000.

I personally have benefited from the education and the network of like minded real estate investors associated with REIN.  The Real Estate Investment Network is a high class organization, bottom line.

Over the past year this very blog First Rental Property has become a lot more popular and I have established a large readership.  A large part of my success has come from observing the best practices of top notch real estate and business bloggers like Julie Broad and Yaro Starak.  I have benefited so much by Yaro’s Blog Mastermind Program. If it was not for Yaro and his teachings, First Rental Property would not be where it is today.

The success of my blog has been no accident.  It has been the product of writing consistently, and continually demonstrating my writing style through articles like The Darkside of Real Estate Investing.  Fortunately, many people appreciate my approach which has resulted in a loyal readership, and I am thankful for that.

I have also had to market my blog through a variety of different methods. One of these methods involves reading similar real estate blogs and providing my own comments on articles.  This is done with the intent that people will read my comments, like what I have to say, and trackback to my blog.

I make a conscious effort to avoid blogs that have a negative tone, as blogs with a negative tone generally have negative people that follow these blogs.

This week I came across a blog with very negative comments about REIN, which I did not appreciate.

I read through all of the comments and found them ridiculous as they were made by people for the most part who are negative and who probably have little to no experience with real estate investing.

Reading these comments provided confirmation to me as to why I avoid blogs with a negative tone in the comments section.  Simply put, I do not enjoy engaging in banter with negative people.

In the comments people were devaluing REIN and explaining why an individual should not be a member.

It so turned out that the numerous comments that I read  inspired me to write this very blog post.

So I will now share with you the following.  Here are the…

Top 3 Reasons Not To Become a REIN Member.

#3)  You want to get rich quick

There are many people out there that believe that you can get rich quick by investing in real estate.  Many veteran real estate investors know that investing in real estate is a long term commitment.  You realize the fruits of your labour some years down the road, and not on day one.  Unfortunately, many people have the belief that in fact you become rich on the very first day you buy real estate…this is not the case.  Real estate investing requires commitment, hard work, and follow through.  If you want to get rick quick, in my opinion REIN is not the right place for you.

#2) You are negative and you have nothing to contribute

If you are an overly negative person and don’t like contributing in a positive manner, chances are you will not last in REIN.  It is not difficult to see that some of the most successful and well liked REIN members are the positive ones who work hard and give back.  The successful ones are the ones who enjoy helping others and sharing their knowledge with both new and experienced real estate investors.  There are many positive and well liked members, however, top notch members in my books  are Andrew C. MacDonald, Joey Ragona and Ian Szabo.  Conversely, if you are negative and you have nothing to contribute, you are not going to benefit those around you.

#1) You are unethical

In any industry there are those that play by the rules, and those that do not.  The real estate investing industry is no different.  There are a lot of bad apples out there.  These people operate with sub-par moral standards.  They break rules by finding short cuts and cheating.  Since REIN is an organization full of integrity, there is no room for unethical people.  If people are found out to be cheaters or operating with a below standard code of ethics, they are quickly shown the door and are not welcome back, especially by the members.

So there you have it ladies and gentlemen.  REIN is a fantastic organization.  It is an organization in which I am proud to be a member of.  I highly recommend that you join if you are an aspiring real estate investor with ambition and great positivity.   However, as described above, it is not for everyone.

If you are an unethical, negative person looking to get rich quick REIN is not the place for you.

Best Regards,

Neil Uttamsingh

PS: Learn more about Real Estate Investment Groups, such as REIN by subscribing to my blog.  Don’t keep my blog a secret, tell a friend!

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