What we're about

Here are seven reasons to attend our club:

Learning local information: It’s great to learn real estate investing fundamentals and know exactly how to invest in a good cash flowing property but you also want to have some specific knowledge about what is happening in an area. Did you know that most of the houses built by Builder XYZ have had this problem with a leaking pipe? Did you know that Ikea has submitted an application to build a store on the West end of town? Have you heard that the basements are flooding on John Street because of poor drainage on that street? These are all things you might hear about at a local meeting that you might not find out about reading the paper, doing searches online, speaking with your real estate agent or your property manager. These are things that people on the ground buying, holding and selling properties in the area might find out and share at a local meeting.

Surrounding yourself with like minded people: Most of my long time friends hold corporate jobs and really do not understand what I am doing, why I am doing it or why I prioritize certain things above others. Some are supportive while others are actually outright critical especially when what I feel I have to do conflicts with what they want me to do. It’s quite an isolating feeling. And until I started to attend local club meetings, expand my network through social media communications and build friends that were doing what I am doing I didn’t really feel like anybody but my husband really understood me.

Connecting with experts: Local club meetings are usually more intimate than big conferences yet many local organizations are able to attract impressive guest speakers. Because of the intimate setting (aka smaller size) you often can get in front of an expert and get a few questions answered. And most of the time if an expert has taken the time to speak at a local club meeting they are there to give back so they will be happy to help you out. They may even offer you opportunities you weren’t even asking for which happened to us at a recent club meeting. We’re now going to see that speaker, who co-runs a very large real estate club in Vancouver, in a few weeks. You never know where that connection may lead.

Finding joint venture partners: We have spent a lot of time offering our deals to friends and family who would politely listen, say they’d think about it, and then never ever say yes to doing a deal with us. It was frustrating and it was actually emotionally draining. You see, we would first have to convince Uncle Glen that real estate was the best place for his retirement savings (not the 27 different mutual funds his financial adviser put him into because he would make a ton of fees off my Uncle). Then we would have to present our opportunity to my Uncle in such a way that he knew we weren’t asking for a favor. Even if he wasn’t remotely interested, he wouldn’t tell us to “pound sand” he would politely ask for time to think about it. So we would be left following up and following up only to realize he never had any intention of doing anything. It sucked.

Then we stopped one day and looked at the previous six or so deals we’d done with joint venture partners and realized the easiest, most fun, and quickest deals to put together weren’t the ones we’d done with family or friends. The deals that came together the easiest and that we felt the best about were the ones we had done with people we had met at local real estate investing club meetings! They already knew they wanted to put their money into real estate and they knew they didn’t have the time or expertise to do it well themselves, so they found help in the form of US! These people came to us not the other way around. Once the partner had completed some due diligence on us and the deal we were offering them, the rest was smooth and easy.

Helping others: If you have already purchased a property or two then you can be an invaluable resource to someone else at the club that is just getting started. Even just the smallest gesture of assistance, like giving them the name of a great inspector, can help someone just starting out. It’s a nice thing to do. And for me, I love how doing something for someone else gives me so much satisfaction and good feeling.

Building your team: We’ve been investing in the same city since 2001 and there are still times where we find ourselves in need of a professional that we’ve never had to hire before. For example, we recently had to hire someone to draw up the plans for a legal secondary suite we’re adding to a property. We’ve never had to have plans drawn up. We found ourselves calling everyone we know in the area to get recommendations. Ultimately we went with a guy that the City inadvertently recommended. They are not allowed to recommend anyone so we said “Who do you see a lot of plans drawn up by?”. We ended up with a great guy that the City loves – and ultimately the plans were for the City to approve so it worked out really well. But, sometimes your fellow investors will be the best source for a referral. For us, if we didn’t already have two really fabulous mortgage brokers on our team, we’d be chatting to the ones that come to the investment club meetings because they are more likely to understand what we need as investors.

It’s an Action Step: This is especially important when you are a new investor, but I think it’s always important. You need to consistently take little action steps to move yourself closer to where you want to go.

Attending our meetings is a simple action step that says “I am a real estate investor” to your mind. That alone should motivate and inspire you to take bigger steps forward. Remember the quote by Maxwell Maltz that says

“A step in the wrong direction is better than staying on the spot all our life. Once you’re moving forward you can correct your course as you go. Your automatic guidance system cannot guide you when you’re standing still.“

So if you can think of no other clear action to take right now and rsvp

Upcoming events (5+)

Pizza & Networking

191 Presidental Condominiums

Come join us and build your business and create relationships. This is one event you don't want to miss. Here's some tips below and invite some contacts to join you. As your business grows so does your address book, your LinkedIn profile, your networking event invitation list and your lack of free time! And there's always a voice in your head telling you that you need to keep every plate spinning and get your network as big as you can, in case it leads to that one big deal that you know is out there for you. But just take a minute for yourself and sit down. Put the phone aside, and relax. Now think about the network you're building. I'm sure it's full of people that can help you, but are there many who care? Your network can be thought of as people you want to be connected. Make the connections to those who will be useful and relevant to your business, then work hard to turn those connections into people who care, so that they evolve into your community. Building a community as well as building a network is the best way to go about growing your business. The support of your community will improve the ides, products and services that you take to your network looking for business. Delivering consistently for that network will see your profile, reputation and order book grow, and you can share your successes and breakthroughs with your community to help them as they help you. It's a beautiful thing. So here's three tips to grow your community: Get social Use your social media channels to seek out like-minded companies and individuals that share your beliefs and mirror your approach to doing business. Don't just barge into them shouting about yourself though. Listen, comment and build your relationship gently, demonstrating your empathy and relevance and strengthening ties. Get together If you're launching your business, or launching a new service or product, hold a small event and invite those you think are more likely to be useful in your community as you grow, those who are on a similar track or have relevance to what you're trying to achieve, and make it somewhere they're likely to want to go. And if you're a lone worker, why not think about inviting potential community colleagues to a co-working space regularly to share ideas and help solve each other's problems? Get generous I've made some of my closest community colleagues by being generous in sharing my time, ideas and expertise to help them. Yes it's a busy world and margins are increasingly squeezed across every sector, but there's always good value returns in investing a bit of time to make someone's day with the right words, the right ideas and the right time. And here's three tips to grow your network. Be visible It can be easy to say yes to every networking event, but so often you'll see the same faces that are more interested in thee buffet than the business opportunity. Be aware Keep your ear to the ground and your eyes on LinkedIn and see who may be mentioning issues that chime with your skills and services. Be grateful Make sure as you grow your network that you keep in touch with them, gently remind them of what you can do to help them, steer other businesses their way that you know they can help, and be grateful when they hook you up with a good lead or an endorsement. What goes around comes around. In my business life I've seen this work well. A connection I made through networking that displayed similar values to my own has become a solid part of my community; we've been able to refer work to each other, share ideas and discuss issues in a supportive and encouraging environment. Have a look through your LinkedIn list and reach out to those you think have community potential. Enough relaxation now though, get back to it, and start growing!

Networking Summer Social

191 Presidental Condominiums

Get you notebook and be ready for powerful knowledge and tips for even more success in your real estate investing.

Art of Mastering Deals

191 Presidental Condominiums

Get you notebook and be ready for powerful knowledge and tips for even more success in your real estate investing.

Art of Mastering Deals

191 Presidental Condominiums

Get you notebook and be ready for powerful knowledge and tips for even more success in your real estate investing.

Past events (267)

Full Moon Paddle - Wine & Cheese

Riverfront Park

Photos (587)