Friday, January 4, 2013

What Is Real Estate Investors (REI) Of Virginia?



Real Estate Investors of Virginia leads in an active roll to provide both beginner and advanced level real estate education to our members. We also work with both local and the state government to provide a positive image for our industry and improve the laws to make them investor friendly.

Who Are We? Locally we have about 550 members. Approximately 100 of which go to our meetings at least a couple times a month. We have weekly meetings every Tuesday from 6:30 pm to 8:00 pm and the topics are varied. Check across the top of the REI of Virginia webpage for the currant meeting location.

Most of our members are seasoned investors however we do have a group of members that are recently involved in real estate or interested in obtaining information to kick off a lucrative career. Some of our members rehabilitate property for resale however most of us buy and hold property as landlords.

The purpose of the group is:

*Advanced education on various aspects of flipping, landlording, wholesaling and real estate in general.

*The development of an ongoing alliance as to where we will have a voice with the local and state government on matters that effect investors such as building inspections, code enforcement, waste removal, taxation, water authority, and government real estate holdings to name a few.

*A place to network, to buy and sell deals, to get ideas from experienced investors in all aspects of real estate from legal issues to asset protection, getting started out, to finding deals, etc.

*A resource that businesses can offer their products and services to investors.


You can come to our meetings for a month for FREE. After that we ask that you become a member if you like our meetings and our fellow members. We're a friendly group of people so I think you will.

Standard membership requires payment of $10 per meeting. Premium membership is $100 and there are some benefits that go along with this further than the education and money saving tips you get at the meetings.

Premium members get:
* Wholesale deals that are not on the MLS sent to you first before the rest of the group. This alone could save you thousands of dollars and pay for your membership a hundred times over.

* Residential lease that is one of the strongest in the state.

More to come, we are continually adding new benefits for our premium members. We are currently working on a new web page that will allow premium members first class access to Section 8 housing tenants. We will also be developing a login area that allows premium members access to hundreds of forms and files that will benefit your business. And we are developing property management software that will be free to premium members which will help you run and manage your business in a highly efficient manor. Lots more to come.

What happens with the dues money? All of the money REI of Virginia makes goes back into REI. We use it to do things like purchase a projector and wireless microphone system. Some of it funds speakers dinners and some of it will go to a mass mailing to increase the size of the group. We have used it to go to Richmond and lobby for bills, etc.

All of the officers at this point in time have never accepted any money from the group. We do this because we understand how important this is to us and real estate investors across the state. I am a highly experienced investor and I can't think of a single meeting where I didn't learn something. And on many occasions the things I have learned have saved me quite a bit of money.

Besides the fact that it's nice to hang around with a bunch of nice like minded people once a week. How do they say it? You are who you associate yourself with....

Who owns REI of Virginia? You Do. This networking group is owned by our membership. And we are looking forward to you becoming a part of Real Estate Investors of Virginia.

16 comments:

Mike on January 14, 2014 at 4:30 PM said...

I myself wholesale real estate, it would be great to be apart of the Real Estate Investors of Virginia. I live in Danville City and we don't have one out here.

Mike on January 14, 2014 at 4:32 PM said...

I'm a Real Estate wholesaler here in Danville City. We don't have an REI club and would love to be apart of Real Estate Investors of Virginia

Dallas ® on January 15, 2014 at 1:49 PM said...

You're more than welcome to join us at our meetings. We are at Shakers in Roanoke City every Tuesday evening from 6:30pm to 8:00pm.

Greg said...

My wife and I are interested in real estate investing. But neither of us has any professional experience in real estate. Is membership in this group available to people like us?

greg said...

Can this group help someone with no professional real estate experience and no realtor's license get started in real estate investing? My wife and I are very interested but need help getting started.

Dallas ® on January 22, 2014 at 4:43 PM said...

Hi Greg, Yes, absolutely. We have many people with little to no experience join our group. Our primary focus is education. And you need to know what you are doing before you get started as you can either win big or lose big. There are tried and true methods you need to know first.

I suggest you come to our meetings and talk with our members before and after meetings to get up to speed. Most will be more than willing to give you advice including myself.

Greg said...

Thanks, we will try to come to a meeting soon. Do we need to register or pay a fee or anything in advance?

Dallas ® on January 31, 2014 at 2:31 PM said...

Nope, no need to do anything. Just come on down. Please make sure that you sign up for the emails in the top right corner of this webpage under subscribe to our email list.

I send out emails ever week that tell whet the subject of the following meeting will be.

Andrea said...

Hi, I just wanted to verify that your weekly meetings are still being held at Shakers in Roanoke every Tuesday from 6:30 to 8:00 pm.

Dallas ® on November 17, 2014 at 3:47 PM said...

Yes, that's right. Still at Shakers Tuesdays from 6:30 to 8:00PM

Anonymous said...

The top of the website said meetings at Franks. Which location has the meetings?
thanks, Marci

Dallas ® on May 18, 2015 at 10:06 PM said...

Sorry, It's at Franks. I forgot to change it there on this page as well. Thanks!

Anonymous said...

Who are the board members?

Dallas ® on July 27, 2015 at 8:17 PM said...

That's a strange question. Who are you Mr. or Mrs. Anonymous?

Kelly "Triplex Lady" Rathbone said...

Hello! My name is Kelly, I belong to my local REIA in NJ (www.SJREIA.org). I'm an experienced landlord and rehabber. I'm looking to expand into the Roanoke area (I have family there), and will need an investor-friendly real estate agent, property manager, maintenance, and possibly a general contractor who works with investors. Referrals to local small banks would also be appreciated so I can use leverage to obtain several properties. Thank you in advance!!!

Dallas ® on September 19, 2016 at 9:32 PM said...

Hi Kelly,

Go here for contractors:
http://www.reiofvirginia.com/2010/09/rei-approved-contractors-list.html

In my opinion the best local bank is our Sponsor bank Bank of Botetourt. Contact the VP Kathy Caldwell and tell her Dallas sent you. 540-591-5038.

Property manager is tough. I haven't found a single one that anyone I know is happy with. One that talked with our group recently is The Grandin Agency. They seem by all of the post cards that I get from them to be on the ball. http://www.buygrandin.com/

Realtor Valeria Alphin is my favorite. 540-998-4046

General Contractor for big projects Jerry Everett 540-314-4488

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