Networking and Word of Mouth Opportunities

Ray in Denver

NETWORKING AND WORD OF MOUTH OPPORTUNITIES

Building a good and trustworthy reputation is essential.

Believe it or not, there is a small circle of real estate investors working in each area. Once you begin working in this business, you will probably meet them all.

Get some business cards stating your name, phone number, and a slogan.

Pass these out everywhere you go and let people know what you are doing.  

Don’t get cheap cards. I hate those cards people make at home. I know I have recommended them in the past, but they just never look good.

Here are some of my favorite places to network:

  •  REIA Groups
  •  Chamber of Commerce meetings
  • Real Estate investing seminars
  •  Mortgage Broker conventions
  • Home and Garden conventions
  • Home Depot
  •  Lowes
  •  Builder shows
  •  Real Estate offices
  •  Welcome Wagon
  •  PTA meetings
  •  Toastmasters
  •  Tell your doctor what you do
  •  Your dentist needs to know
  •  Family members
  •  Friends
  •  Dry cleaner
  •  With your banker
  •  At the gym
  •  With current co-workers

When running your “I buy houses cash” ads, other investors will call to introduce themselves and to let you know of any properties they might be trying to flip or purchase. These are prime networking opportunities.

Make sure your family and friends know what you do. You may think they do, but I’d venture to guess they don’t really understand real estate investing and working with distressed sellers.

There are so many other places to network.

Put your thinking cap on and go to every meeting you can find where there are prospective clients: both homeowners in distress and people for your team.