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Why is It Important that REIA of Oakland is Not for Profit?

15 Aug

There are new real estate investing groups popping up like weeds lately.  Unfortunately, many of them are FOR PROFIT, and have arrived on the scene to take advantage of the rocky real estate market that Michigan is navigating right now.  These new, FOR PROFIT groups have one goal in mind, to make a profit.  Now, there’s nothing wrong with making a profit.  However, when it’s the group that is supposed to be looking out for your best interests and educating you on how to maximize your investment strategies, it creates a conflict of interests.  If the group is for profit, they are going to be selling you Kits, DVD’s, Books, Seminars, Classes, Bootcamps, and anything else that they can think of, for hundreds and even thousands of dollars, whether it’s in your best interest or not.

Why?  Because if they don’t, they’re not making a profit. REIA of Oakland, on the other hand, is run by unpaid volunteers.  We have only one paid, part-time employee.  All the money that we bring in is used to run the group and bring you the best services possible.  This is why at REIA of Oakland, you will see more unpaid, local experts bringing you relevant, timely information at our monthly meetings.  REIA of Oakland purposefully limits speakers selling products to 4 times per year or less, and we screen them to try and bring you only the very best.  REIA of Oakland’s goal is to make its members the most educated and professional real estate investors in the country.  Not to sell you products.