REAL Investor Groups
“Coming together is a beginning. Keeping together is progress. Working together is success.” -Henry Ford
The Think Tank
Investment decisions can be intimidating, especially as dollar amounts increase. However, when they are made correctly, risks are limited and the rewards are maximized.
After working with more than 40 investment properties, Mike and Sarah Buchheit understand this concept well. Over the years they have connected with many individuals with a genuine interest in real estate investing. However, often times these individuals have little knowledge on how to begin. These interactions inspired a potential “think tank” that could provide interested parties with insights on the Pella real estate market and encourage investment.
As the Buchheit’s launched Pella Real Estate Services (PRES), the “think tank” became one of the five main business goals. Through strategic planning and organization the idea materialized and became the REAL investor groups (“Real Estate and Learning”).
“None of us is as smart as all of us.” -Ken Blanchard
REAL Investor Groups
The first meeting was held in May of 2017. Since then, the group of six has met on a monthly basis.
Meeting agendas highlight:
Investment opportunities and needs around the community
Metrics that define a low risk, high reward investment
State of the market
Information on Sheriff sales (distressed property auctions) and tax sales (forced sale of a property)
Updates on current investment projects.
“Overall there are a lot of positives going on with the current group. Discussions are always productive and informative. In the future we hope to incorporate resources like attorneys, contractors, developers, appraisers, hard money investors, and lenders to further educate.” -Sarah Buchheit
Goal: add one REAL group of investors per year until five groups or up to 30-50 investors have formed.
Greater collaboration among investors in the community will increase the amount of good investments made, and ultimately lead to very positive additions to the Pella area.