How did you hear about REIC/how did you get involved?
How we got involved in REIC is a pretty good story. My wife and I were in the market for buying our first home. We visited a home we were interested in, then went to a nearby park to let our toddler play and get a better feel for the neighborhood. While we were at the park, another young couple with a girl the same age as our own came to the park to play. I approached them to ask about the neighborhood and how they liked living there. They said that they didn’t live there either, but were just visiting friends. The man wondered why we asked, so I told him about our house hunt. We started talking about real estate, then real estate investing. He said there was a better way, and told us about REIC. Duncan Peterson invited us to visit one of the seminars. We liked what we heard and made the investment.
How has your experience been with the coaching program and actually doing real estate?
We haven’t done any real estate yet. We did invest in the Alpha REO pool. I think that our coach is still Trent Rogers. We had some meetings with him several months back as we tried to free up some capitol with investment condos we own, but the ball was left in our court as we figured out what to do. Since then we’ve tried to sell and/or refi our condos without any success, so we may be stuck renting them out for the time being. Perhaps when the market warms up again we’ll try to sell once more.
Why do you think that people should get involved with REIC?
#1 reason: REIC is made up of great people. Everyone that I’ve ever spoken with in the company is open and honest, cares about you, knows what they’re doing, and loves what they do. Its great to work with people like that. Whenever I leave the REIC office I feel uplifted. Now put on top of that the great investment opportunities, and there is no reason for people not to get involved with REIC.
How is REIC helping you accomplish your life goals?
We hope that the Alpha investment will pay off in the long term. Other than that, we’re hoping to eventually be at the point where we can do our first lease option investment in the coming few years. From there, we hope to accelerate our earnings. We still need to figure out our long term goals more concretely, but right now we’re just saving for a comfortable retirement – one where we’re not dependent on anyone else (including the government) for an income, one where we have month to month discretionary income, and one where we have the resources to bless other people’s lives.
Yeah! Thanks for the article! That’s the power of opening declaring the good news. And the power of spending time at the park with family!! Thanks Ben! – Duncan