From what I’ve heard, it is BEST for new investors. I went last year and it was EXTREMELY helpful. I think that most of the people there were new investors. It was insane how many people were there. I didn’t think that there were that many people who were involved in this website.
I would definitely recommend going. For me, it made everything REI related a reality. When you see so many people around you in just that one weekend that are doing REI deals everyday, it really puts an “I can do this” mentality in your head. I mean I couldn’t tell the difference between the new investors and the experienced ones. The experienced investors are just like us, except they are the ones with the guts to do it all. So that’s what they do there. Give you the information and the courage and confidence to go out there and make some REI deals.
Before the convention, this whole REI thing was kind of like a dream. It was something that I hoped that I could do, one day. After the convention, I knew it was something that I was GOING to do and HAD to do, now. It made it all real to me. It kind of put a face on it instead of just being a name (if that makes any sense to you) and that was exactly what I needed to get me going.
Newbies - About the convention - Posted by ken in sc
Posted by ken in sc on December 28, 2001 at 07:40:42:
It is good for new and seasoned investors alike.
Let me give you Newbies some advice, for what it is worth. Go to it with a plan and a budget. If not, you will likely not get all that you can out of it. Your plan could be to learn all you can about one or two aspects that interest you the most. Lets say you want to own long term rentals. With John Schaub there you will definently have a good speaker. Make it your plan to take good notes from him and sit at his table at the after hours round table session. Buy him lunch if you can. Find others in the bar that have a lot of long term rentals and pester them with questions. Stay up late as peope will be talking way into the night. If you do not know what areas you like, your plan could be to make that decision there. What I am saying is that there is so much info and so many people, you could spend the entire weekend talking and writing, but come away with a lot of info on a lot of subjects, but not enough on any one to go to work! So have a plan of wht you want from the convention going in.
As far as a budget, there will be much material available for sale. While I am a big advocate of buying such material and believe it has helped me tremendously over the years, don’t spend too much in general, or too much on day one so that when the speaker whose material you should buy because that is your area of interest comes up on day two, you are tapped out. Again, just do some prep work in advance and give it some thought. Get the list of what speakers will be there and find out what they are all about. When you go home from the convention, you should have the material and notes to get you started.