Top 3 Reasons to BECOME a REIN Member

Posted by neil on November 24, 2010
General

Hi Everyone,

I hope you are doing well.  In my last article, I spoke of the Top 3 Reasons NOT to become a REIN Member.  If you did not read this first article, I suggest that you do as this will eliminate any confusion you may have.  If you are confused already, look for the definition of REIN Member in my last article in order to figure out what I am talking about.

Today, I am going to switch things up a bit as I will describe the Top  Reasons I believe someone SHOULD become a REIN member.

Before I do this, I would like to give mention to a great article I read this week by fellow real estate blogger Shae Bynes of Good Faith Investing.

I have been following Shae’s writing on her blog mentioned above and previously over at the BiggerPockets Real Estate Blog on and off for about a year.  I always like her content, as she provides very good insight into the world of real estate investing.

In her most recent article titled, Getting a Head Start on 2011, which I highly recommend you read, she made one point that really ‘hit home’ for me.

She introduced an idea that I will be implementing for 2011. Further, this is an idea that I believe is really going to help me.  In fact, I think this idea is going to be a real ‘game changer’ for me.

Her idea was to ‘Create a Theme’ for your year. I must say that this tip is already helping me. I am not going to recite her entire article here, so click on the link above and check out what she has to say.

Thanks for the tip Shae!

As mentioned above, in today’s article I am going to talk about the top 3 reasons to become a REIN member.  Here are the reasons in no particular order…

TOP 3 REASONS TO BECOME A REIN MEMBER

3) YOU WANT TO GET TO THE NEXT LEVEL

Whether you have bought your first rental property or your 50th rental property, REIN is the right place for you if you are looking to expand your horizons.

One of the many good things about REIN is that the experience of real estate investors in the organization varies across the board.

If you are in search of buying your first rental property, you will be able to easily come across individuals who have just purchased their first rental property.  Many of these people will be able to offer you advice on how to go about buying your first rental property.

Conversely, if you own 50 rental properties and are looking at buying more, in REIN you can also find people that have purchased that many properties and who are willing to provide you with advice and guidance as to how you can continue to purchase rental properties.

Getting to the next level is not accomplished in isolation.  Surround yourself with the right people and you will soar.

2) YOU HAVE BEEN BEAT UP BADLY AND YOU NEED A CRUTCH

Unfortunately I have seen far too many REIN members fall victim to ‘Get Rich Quick’ Seminars, prior to them knowing about and joining REIN.  These seminars coupled with poor advice leave people financially crippled.  I have seen people shell out thousands upon thousands of dollars in order to learn how to become real estate investors.  These ‘Get Rich Quick’ seminars are not concerned about building a long and fulfilling relationship with their students.  Rather, they are more concerned about sucking their students dry of all of their personal savings.  It is not surprising to hear of ‘Get Rich Quick’ coaching programs costing upwards ot $30,000 a year.

REIN is a good place to come to restore your faith in real estate investing and real estate education.  Since there are no ‘real estate opportunities’ being sold by REIN, they serve as an unbiased party.  They are strictly focussed on providing their members with information and research on the real estate markets.

If you have been beat up badly before, put your faith in REIN.  The organization will provide you with a much needed crutch that will help you to mend and come back as a stronger, much more determined real estate investor.

1) YOU ARE NOT SURE IF YOU SHOULD JOIN

One of the most common questions that existing REIN members get by prospective real estate investors is, “Should I join REIN.”

If I had a penny for every time I was asked that…I would have a lot of pennies.

My answer to this questions is YES. My answer to this question is especially Yes if you are sitting on the fence and are not sure whether you should join or not.

As you might very well know, no one likes a fence sitter.  It is incumbent upon you to make a decision.

By joining, you have nothing to lose as you will learn an www.fakegoldwatches.re incredible amount of information from your fellow members.

I am not sure, but the last time I checked, becoming smarter is a good thing.  By joining REIN you will definitely become smarter, which will enable you to make better financial decisions as you embark upon your path of investing in real estate.

So there we go.  There you have the 3 top reasons why someone should become a REIN member.

If you are looking to get to the next level, joining REIN will benefit you tremendously.  If you need help buying your first or 50h rental property, there is someone in REIN that will be able to guide you, from their own personal experience.

If you have had horrible experiences with Get Rich Quick real estate seminars, repair the damage that has been done by joining REIN.  REIN will get you back on track, and will provide you with all of the support and tools in order to regain your faith in the real estate investing world.

If you are not sure what to do, doing nothing is not going to get you there.  Make a decision to be proactive and take charge.  Make a decision to join REIN.  If you do so, you are going to increase your chances of becoming a superpower in the world of real estate investing.

Best Regards,

Neil Uttamsingh

PS: If you want to learn more about real estate investment groups, such as REIN, subscribe to my blog. 

Tags: ,

11 Comments to Top 3 Reasons to BECOME a REIN Member

  • Hi Neil,

    I sat on the fence for about 2 years before joining REIN. I was still in university when I first found out about it and thought the $200/mth commitment for 17 months ($3400 total) was a little much for me to commit to at the time. After graduating and saving up some down payment money I was ready to get started and finally took the plunge.

    At first when I didn’t own any real estate, I was impressed by the fact that 90% of the members I talked to already owned at least one property, and most owned several. Being surrounded by people who take action has certainly had a positive effect on me.

    I’ve never met so many great people who were so willing to help me succeed, and would recommend anyone wanting to get started in Real Estate Investing here in Canada join the group. Its well worth the time and money invested.

    Cheers,
    Andrew

    • Andrew,

      Thank you for you comment. As you know, I have a lot of respect for you and am proud of you for taking action at such an early age.
      To everyone reading this, Andrew is a great example of a young person who has taken action, and invested in real estate at an early age.
      You will reap the benefits of your decisions made today and yesterday, with regards to investing in real estate.

      As per your point, some people are unsure as to whether the cost of a membership will equate into profit made.
      It is hard to tangibly asses the ROI on a membership.
      However, as you know Andrew, most successful REIN members will admit that they would not have been able to get to where they are today, if it was not for being associated with REIN.

      As always, thanks for your comments and keep up the great work!

      Regards,
      Neil.

  • Hi Neil,

    Great post as always. I too sat on the fence before joining REIN being what I consider no dummy, already owning a few properties and having completed the home study version of ACRES, I too thought the membership cost was pretty steep. What a mistake that was. Shortly before joining, I made the most costly mistake I’d ever made in not doing my complete due diligence on a pair of tenants. The cost of this mistake would have easily covered two years of REIN membership not to mention saved us from all the stress. Hindsight being 20/20, I can confidently say I could have avoided this mistake had I been a REIN member.

    So for anyone who is still on the fence just do it and think about how much time you’ll get to spend hanging out with high achievers like Andrew MacDonald and Neil Uttamsingh.

    Keep it up Neil!
    Erwin

    • Hi Erwin,

      Thanks for your comment and thank you for sharing your personal story of what happened to you.
      You and I both know that there are many people with similar stories, that ended up joining REIN after the fact.
      If people join early on in their real estate investing careers, they will pick up good habits and get a very thorough and proper real estate education.

      Thanks again for sharing your story Erwin.

      Regards,
      Neil.

    • Thanks Shae,

      Your post was really great and did provide me what some really important things to think about.
      2010 was a good year, 2011 will be even better!

      All the best,
      Neil.

Leave a Reply

Your email address will not be published. Required fields are marked *