Nashville, TN — Plenty of people can tell you what a good real estate deal looks like. Far fewer can show you how to find one, fund it, rehab it, and keep the numbers honest along the way. That gap is where REIN Nashville has built its membership, and it's the reason the group is drawing more interest from investors outside Tennessee, including people based in Florida who want practical real estate investing training they can use right away rather than another set of videos they'll never finish.
The organization’s membership revolves around the principle that you will learn quickly by being among people who are doing the job. In the case of those seeking to explore real estate investing in Nashville, it means attending education seminars, network gatherings, and rehab property tours where members get to tour actual construction sites and see the true nature of the process at the stage of framing and not after it all looks nice in the photographs. It’s one thing to see a lovely kitchen on a photograph of a listing, but it’s another to stand in a partly finished house with somebody who has already seen it.
Floridian investors make excellent candidates for just such an investor community. Most of them will have years of experience on the local market and will now be looking to see what is happening on the Middle Tennessee market due to all the reasons that they have seen in Florida before—demand, growth, and prices that haven't yet fully reflected reality. The problem for them immediately becomes the fact that even with all the experience in Florida, one cannot simply expect everything to work the same way in Tennessee. The permitting process will be different. The contractors and wholesalers will be different. A membership with Real Estate Investors Membership Nashville offers investors from other states immediate access to information that others have already worked out.
And then there is also the cost of the membership. The REIN Nashville membership is much less costly than those that most often come with coaching programs dominating the market of real estate investments. The monthly individual membership costs $35, while the annual one comes in at $297, which, according to the organization itself, is the best value option. Couples and families will have their own membership plans too, with the household membership accommodating either
Those discounts are provided by the national organization. As REIN Nashville operates within the National REIA, the members benefit from a preferred vendor program, which includes discounts on products that active investors buy all the time. This includes a biannual rebate of two percent on qualifying Home Depot purchases, discounts on paint, pro-contractor pricing, and reduced costs on tenant screening services for landlords that require credit and background checks and online lease agreements. Moreover, there are reduced costs on insurance for investors, analysis software for real estate such as REIPro, a foreclosed properties and distressed properties database, and even reduced costs on day-to-day activities such as printing and shipping. Anyone rehabbing a few properties per year will be able to get back quite a bit of the yearly membership cost through purchases alone.
Nevertheless, the discounts are not always the reasons why people keep coming back. It is all about the contacts. REIN has connections with construction companies, private money lenders, wholesalers, attorneys, property managers, and other property investors in Nashville that exchange leads and referrals among each other. You can bring your offers to the club and gain direct access to off-market listings and motivated buyers. Private community, regular newsletter, and the directory allow people to find the right specialist fast without calling people unknown to them.
However, the directory plays a crucial role in it all. Many new investors waste their time and money working with the wrong specialists because they did not have anyone else to turn to. This way, the fact of having a list of people that others already use eliminates many risks associated with it. Furthermore, this is how a novice investor can address a specific question to the person that experienced the same situation before.
The seminar itself is structured so that it meets the person at their level. The topics range from fix and flip basics to creating a rental portfolio, and the idea of the seminars is to make it applicable whether the person attending the seminar is a complete beginner or an experienced person with multiple properties under their belt. As the content is based on the market conditions, the regular attendees get to listen to something new each time and not something introductory again and again, making membership renewal a common thing among members.
As a non-profit organization, REIN Nashville focuses on making the meetings productive for everyone from the first-time nervous member to the veteran with numerous deals made. The events themselves are conducted by volunteers, while the businesses sponsor meetings and the benefits for the members.
Investors from Florida who are thinking about investing in Tennessee and any person living in Nashville who has procrastinated for long enough should heed the following tip. Attend a meeting before making an investment in anything else. Talk to some of the members, ask them what would be different if they were in your shoes, and see if the group matches your learning style. Members can join through the REIN Nashville website, while the REIN Nashville office is situated on Harding Pike in Nashville.
Contact Us
Website: https://www.reintn.org/
Phone: +1 (615) 885-5454
Address: 4525 Harding Pike #200, Nashville, USA