Why join the local landlord club?
When doing something that means the potential to gain or lose money, it’s nice to get good advice and solid opinions from others who are doing the same thing rather than hearing it from a “salesperson”. Real estate investing is that kind of money venture that benefits from a dialog between like-minded people. It is always good to learn about what other local people have experienced with Anchorage rental management and investing to help you in your investing process.
- Get the Local Scoop & Rules; Real estate markets will vary from location to location. A local real estate club can provide information affecting your area, which could include information about property investing trends, Anchorage property management laws, and information about local businesses. The more you can learn about what is happening with real estate in your own community, the better your investment decisions can be. Now with the COVID-19 impacts, many rules were added at the Federal, State, Muni, and Court levels. Being apart of the club can help navigate this new terrain.
- Network; People who attend club meetings come to the meeting with a variety of educational and experience levels. Surrounding yourself with people who have similar goals and interests can breathe new energy into your own investing efforts. As you get to know the investors in your area and learn about actual Anchorage property management stories, you may even find potential partners for your investing goals. You can avoid costly mistakes as you learn from the mistakes of others.
- Learn from others doing it daily; A local club meeting is a more intimate venue than a large convention to hear experienced real estate investors share their story. In this type of setting you can have your questions heard and personally answered. Many successful investors will give back to the investing community by speaking to the members of a local club giving their personal insights in real estate investing and property management in Anchorage. Investors can have valued direction from guest speakers invited to the local club meeting.
- Connect with vendors who understand landlord concerns; Vendors and Supplies also participate and sponsor the club. This keeps the club free to landlords, connect landlords to vendors who understand, and sometimes, vendors will provide discounts to the members. These vendors work with many landlords so you’ll be able to pick up on the latest tricks in managing the property.
- Seminars & Events; Although these are now being done electronically, these events help educate landlords on how to do a variety of activities to improve their business operations. Topics may cover how to find qualified tenants, learning bookkeeping basics, eviction process, obtain property forms, and smart property investing.
Consider joining The Landlord’s Almanac supported by Real Property Management because you’ll meet new people, expand your knowledge, and grow your investment portfolio. Find them on the website ( www.TheLandlordsAlmanac.com ) or on Facebook (The Landlords Almanac – Alaska)